Nonprofit · EIN 77-0374062
SHARKS FOUNDATION
Tax-exempt · SAN JOSE, CA 95113
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,701,275 | $1,733,638 | -$32,363 | $847,966 | $496 | $847,470 |
| June 30, 2024 | 990 | $1,424,811 | $1,345,729 | $79,082 | $1,554,941 | $967,663 | $587,278 |
| June 30, 2023 | 990 | $1,572,127 | $1,547,187 | $24,940 | $1,017,347 | $509,151 | $508,196 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,155,888
- Program service revenue
- $0
- Investment income
- $12,438
- Net income from fundraising events
- $77,277
- Net income from gaming
- $98,607
- Net income from sales of inventory
- $357,065
- Other revenue
- $532,949
Expenses
- Grants and similar amounts paid
- $979,300
- Other salaries and wages
- $512,207
- Salaries, compensation and benefits (total)
- $599,314
- Professional fundraising fees
- $0
- Program services (functional)
- $979,300
- Management and general (functional)
- $754,338
Balance sheet and other
- Total assets, start of year
- $1,554,941
- Total assets, end of year
- $847,966
- Total liabilities, end of year
- $496
- Net assets, end of year
- $847,470
- Net assets without donor restrictions
- $847,470
- Gross receipts
- $2,108,710
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1994
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN BROWN | EXECUTIVE DIRECTOR Officer | 1 | $110,642 | $6,854 |
| DOUG BENTZ | SENIOR VICE PRESIDENT, CHIEF MARKETING OFFICER Trustee or director, Officer | 1 | $0 | $0 |
| DAN RUSANOWKSY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES HAMNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NEDA TEBATABAIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN TUCCI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GLENN MARTIN | GENERAL MANAGER Trustee or director | 1 | $0 | $0 |
| ALLISON COVEY | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| BRANDON WEISS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREG MATTHEWS | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $0 |
| MALIA BATES | SECRETARY Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUG BENTZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAN RUSANOWKSY | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES HAMNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| NEDA TEBATABAIE | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN WHITE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY EDMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIN TUCCI | BOARD MEMBER Trustee or director | 1 | $0 |
| GLENN MARTIN | BOARD MEMBER Trustee or director | 1 | $0 |
| ALLISON COVEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRANDON WEISS | BOARD MEMBER Trustee or director | 1 | $0 |
| MALIA BATES | SECRETARY Officer | 1 | $0 |
| GREG MATTHEWS | TREASURER Officer | 1 | $0 |
| CASSIE MCBRIDE | SECRETARY Officer | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER HOOPER | DIRECTOR Highest-paid employee | 1 | $107,646 | $6,612 |
| DOUG BENTZ | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARY GRACE MILLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAN RUSANOWKSY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES HAMNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NEDA TEBATABAIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE MCCARROLL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 525 W SANTA CLARA ST, SAN JOSE, CA 95113-1520
- In care of
- % GREG MATTHEWS
- Principal officer (990 for 2024)
- DUSTIN SCHISSLER
- Signed the 990
- DUSTIN SCHISSLER, TREASURER
- Phone
- (408) 287-7070
- Return prepared by
- PLANTE & MORAN PLLC
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0374062 or by the name SHARKS FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O
Program accomplishments
- THE SHARKS FOUNDATION'S COMMUNITY ASSIST GRANT PROGRAM PROVIDES MONETARY SUPPORT TO PUBLIC, 501(C)(3) NON-PROFITS SERVING BAY AREA YOUTH AND FAMILIES. SPANNING FROM SEPTEMBER 2024 TO JUNE 2025, THE PROGRAM FEATURED KEY ACTIVATIONS/EVENTS AND INCLUDED SUPPORT FROM SHARKS PLAYERS, COACHES, BROADCASTERS, EXECUTIVES, CORPORATE PARTNERS, EMPLOYEES, AND VOLUNTEERS. THROUGHOUT THE SEASON GRANTS WERE ALSO PROVIDED TO NONPROFITS TO ALIGN WITH NHL INITIATIVES SUCH AS HOCKEY FIGHTS CANCER, TO SUPPLY EMERGENCY AID, AND DONATIONS THAT WERE GENERATED FROM SHARKS FOUNDATION FUNDRAISING EFFORTS. GRANTS RANGED FROM $3,000-$56,000.Expenses $426,295 · grants $426,295
- DURING THE 2024-25 SEASON, THE SHARKS FOUNDATION JOINED FORCES WITH SAP TO LAUNCH THE START OF THEIR CO-CREATED EDUCATION EQUITY CAMPAIGN FOCUSED ON PROVIDING OPPORTUNITIES TO UNDERSERVED INDIVIDUALS AND PREPARING COLLEGE STUDENTS TO ENTER THE WORKFORCE. IN THE INAUGURAL YEAR OF THE CAMPAIGN, THE SHARKS FOUNDATION AND SAP PROVIDED THREE $115,000 GRANTS TO NON-PROFITS NPOWER, THE PENINSULA COLLEGE FUND, AND BRAVEN, TO ASSIST 700+ LOCAL FIRST-GENERATION COLLEGE STUDENTS, MILITARY VETERANS, AND/OR BIPOC INDIVIDUALS ALL TRYING TO FURTHER THEIR EDUCATION OR SECURE STRONG FIRST JOBS.Expenses $345,000 · grants $345,000
- SINCE 2014, THE GOALS FOR KIDS PROGRAM HAS PROVIDED SEASON CULMINATING GRANTS TO NON-PROFITS SUPPORTING YOUTH AND FAMILIES. FOR EVERY GOAL SCORED BY A SHARKS PLAYER, A $1,000 DONATION WAS SPLIT AMONGST SEVEN NON-PROFIT BENEFICIARIES: ACCESS BOOKS BAY AREA, GEORGE MARK CHILDREN'S HOSPITAL, HACK THE HOOD, OKIZU, RONALD MCDONALD HOUSE CHARITIES BAY AREA, SCIENTIFIC ADVENTURES FOR GIRLS, AND SAVE THE BAY. THE 2024-25 PROGRAM PROVIDED EACH ORGANIZATION WITH A $29,715 DONATION.Expenses $208,005 · grants $208,005
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0374062
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $847,966
- Income (IRS master file)
- $2,108,710
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,701,275 | $1,733,638 | $847,966 | IRS |
| 990 | June 2024 | $1,424,811 | $1,345,729 | $1,554,941 | IRS |
| 990 | June 2023 | $1,572,127 | $1,547,187 | $1,017,347 | XML |
| 990 | June 2022 | $1,322,204 | $1,304,825 | $668,276 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 77-0374062).
Questions about SHARKS FOUNDATION
- What is the EIN of SHARKS FOUNDATION?
- The employer identification number (EIN) of SHARKS FOUNDATION is 77-0374062.
- Is SHARKS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to SHARKS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHARKS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHARKS FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHARKS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SHARKS FOUNDATION?
- The 990 for the year ended June 30, 2025 names DUSTIN SCHISSLER.
- Who are the officers and directors of SHARKS FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $110,642 (KEVIN BROWN, EXECUTIVE DIRECTOR).
- How much revenue does SHARKS FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,701,275, expenses of $1,733,638 and total assets of $847,966 at year end.
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