Nw Share
- Assets
- $2.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 91-1918588
Organization Overview
Nw Share is located in Seattle, WA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nw Share is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nw Share generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NORTHWEST SHARE PROVIDES SERVICES IN THE AREAS OF HEALTHVEGETARIAN FOOD ARTSDANCES AND DRAMA RELATIONSHIPSMENTORING & FINALLY FORMAL EDUCATION. AS A CHARITY WE HAVE HELPED MANY PEOPLE WITH FREE FOOD. MY SWEET LORD RESTAURANT FOR 13 YEARS & THROUGH FREE BURRITO DISTRIBUTION ON THE STREETS. AS A FORMAL SCHOOL WE ARE TAKING CARE OF EDUCATING STUDENTS REGARDLESS OF THEIR ABILITY TO PAY. WE ALSO PROCURED A FOOD TRUCK TO GIVE OUT FREE FOOD FROM 2015 FOR DISTRIBUTION FOOD SERVING MANY PARTS OF SEATTLE. FINALLY WE ALSO GIVE ANIMAL SHELTER & ORGANIC FARMING SHOWCASE VEDIC MUSEUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTH PART OF NORTHWEST SHARE PROVIDES FREE FOOD AT SEATTLE'S UNIVERSITY DISTRICT VIA A VEGETARIAN FOOD TRUCK TO GIVE FREE FOOD. THIS TRUCK ALSO ROAMS THE GREATER SEATTLE AREA AND IS FEEDING 200 PLATES OF HOT FOOD THREE TIMES A WEEK TO THE VARIOUS VISITORS ON THE STREET TO THOSE WHO NEED THEM PREDOMINANTLY UNEMPLOYED AND HOMELESS AND SOME HIGH SCHOOL AND COLLEGE STUDENTS. NW SHARE ALSO PUT FORWARD PROPOSALS TO BUILD A PIONEER HOMELESS VILLAGE IN THE GREATER SEATTLE AREA KNOWN FOR THE THIRD LARGEST HOMELESSNESS IN THE COUNTRY DUE TO A COMBINATION OF RAPID RENT INCREASES AND EVICTIONS OF DISADVANTAGED SECTIONS OF SOCIETY. PLEASE VISIT WEBSITE HTTPS: WWW.NWSHARE.ORG FREE-FOOD-TRUCK
THE SYNERGY LEARNING ACADEMY A PART OF NW SHARE PROVIDES ELEMENTARY EDUCATION AND PRIMARY EDUCATION TO THOSE WHO NEEDIT. A TOTAL OF 70 KIDS ARE BEING TRAINED TO REDUCE THE BURDEN ON OVERCROWDED PUBLIC-SCHOOL CLASSROOMS AND TO PROVIDE HOLISTIC EDUCATION. THE EDUCATION IS SUBSIDIZED THROUGH DONATIONS RECEIVED BY NORWEST SHARE. PLEASE VISIT WEBSITE HTTP: WWW.SYNERGYLEARNINGACADEMY.COM
VEDIC MUSEUM SHOWCASES ORGANIC FARMING AND ANIMAL PROTECTION. THE ORGANIZATION IS LEASING A FARM IN BLACK DIAMOND AREA TO SHOWCASE ITS ACTIVITIES AND TAKES CARE OF COWS AS A SHOWCASE OF TRADITIONAL ORGANIC FARMING. PLEASE VISIT THE WEBSITE HTTPS: WWW.NWSHARE.ORG ORGANIC-FARM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Terhanian President | OfficerTrustee | 20 | $0 |
Ramesh Yerramsetti Treasurer | Trustee | 5 | $0 |
Viji Raman Vice President | OfficerTrustee | 20 | $0 |
Sanjay Gupta Director Arts | Trustee | 5 | $0 |
Don Porterfield Secretary | OfficerTrustee | 20 | $0 |
Venkatraghavan Iyer Director Farm | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,122,663 |
| Investment income | $554 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,123,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,275 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $404,143 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $60,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $327,433 |
| Advertising and promotion | $9,486 |
| Office expenses | $223,827 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,636 |
| Insurance | $6,493 |
| All other expenses | $0 |
| Total functional expenses | $1,412,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,517,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $302,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $400,000 |
| Total assets | $2,220,443 |
| Accounts payable and accrued expenses | $8,763 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,763 |
| Net assets without donor restrictions | $2,211,680 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,220,443 |