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Category: Employment and Occupations

FareStart

AKA FareStart

Seattle, WA

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FareStart

Also Known As:
FareStart
Physical Address:
Seattle, WA 98101 
EIN:
91-1546757
Web URL:
www.farestart.org
Leadership:
Ms. Megan Karch
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Fiscal Year Starting: Jan 01, 2011
Fiscal Year Ending: Dec 31, 2011
Revenue
Total Revenue $6,949,432
Expenses
Total Expenses $7,243,371

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Financial data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.




GuideStar Exchange Member

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Basic Organization Information

FareStart

Also Known As:
FareStart
Physical Address:
Seattle, WA 98101 
EIN:
91-1546757
Web URL:
www.farestart.org 
NTEE Category:
P Human Services 
P85 Homeless Services/Centers 
J Employment, Job Related 
J22 Employment Training 
P Human Services 
P20 Human Service Organizations 
Year Founded:
1992 
Ruling Year:
1992 

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Mission Statement

<div>Our <strong>MISSION</strong>:</div> <div>&nbsp;</div> <div>FareStart provides a community that transforms lives by empowering homeless and disadvantaged men, women, and families to achieve self-sufficiency through life skills, job training, and employment in the food service industry.</div> <div><br />Our <strong>VISION</strong>: We rebuild lives, reconnect families and strengthen our diverse community.&nbsp;&nbsp;</div> <ul><li>We experience the power of contributing, the gift of giving and the joy of helping through preparing and serving meals to our community. </li><li>We build a self-sustaining organization through businesses that provide hands-on experience for students, financial support for our program, and a place for our community to grow. </li><li>We nourish our community by collaborating with our partners to put an end to homelessness, one human being at a time. - We empower each individual to achieve his or her highest potential by restoring hope, giving respect, nurturing self-confidence, granting trust, and creating opportunity. </li></ul> <div>&nbsp;Our <strong>VALUES</strong>: The following values help us measure the appropriateness of our decisions.&nbsp;&nbsp;</div> <ul><li><strong>ACCEPTANCE</strong>. Build relationships based on the belief that the past informs but does not dictate the future. </li><li><strong>RESPECT</strong>. Hold unconditional positive regard for each other, treating all with respect and dignity. </li><li><strong>OPENNESS</strong>. Provide an environment of open communication, honesty, acceptance and personal responsibility. </li><li><strong>COLLABORATION</strong>. Contribute positively to strengthen the organization and the community through collaboration and innovation. </li><li><strong>SUSTAINABILITY</strong>. Recognize that sound financial management and accountability are essential to the long-term health and sustainability of FareStart. </li></ul>

Expert Assessment

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Impact Summary from the Nonprofit

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Personal Reviews

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

Revenue and Expense data from Forms 990 for 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit


Financial Statements

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Annual Reports

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Leadership

Ms. Megan Karch

Term:

Since Apr 2000

Profile:

Previously director of vocational services for a private nonprofit agency based in Baltimore that provided rehabilitation, employment, and housing services to over 1,000 people a year.

Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Food service job skill training/Food for Needy

Budget:
$3,974,139
Category:
Education
Population Served:
Homeless

Program Description:

FareStart's comprehensive open-enrollment program includes: 16-weeks of classroom and hands-on food service job skill training, with students learning and developing their skills working in the FareStart businesses. Intensive support to address issues surrounding students' homelessness. Assistance for students to meet their basic needs during their program participation, including; housing, transportation, medical care, clothing, food. Support to find and retain employment with sustainable wages and benefits. Students at FareStart practice key job skills. While still living in Seattle's homeless shelters, they show up to work on time every weekday, clean, sober, appropriately dressed, ready to learn and ready to work. After completion of the sixteen-week program, they discover that in addition to the courage that brought them to FareStart, they now have a marketable skill, tools for life and a place of belonging in the community.

Program Long-Term Success:

Completed $8 million capital campaign and moved into new 33,000 square foot facility.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:




Evidence of Impact

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Organizational Strengths

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Areas for Improvement

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From the Nonprofit

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Organization Data Available

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