2016 Annual Report

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2016 Annual Report 2016 ANNUAL REPORT A NOTE FROM LEADERSHIP EVERY PERSON DESERVES THE CHANCE TO CHANGE THEIR LIFE STORY We are proud to share with you the milestones and life-changing work that we accomplished this past year. FareStart’s ripple effect has a powerful impact Our Mission beyond our students’ lives into the community. This is possible because of the FareStart provides a community that transforms lives by empowering continuing investment of supporters like you. homeless and disadvantaged men, women and families to achieve FareStart’s pioneering model for moving people from poverty and homelessness self-sufficiency through life skills, job training and employment in the to employment and self-sufficiency can be seen locally through our culinary and foodservice industry. barista programs for adults and youth. Nationally, that impact is experienced through our entrepreneurial Catalyst Kitchens program that uses FareStart Culinary training and job placement, along with life-skills classes and services as a model. that support every aspect of our students’ growth, are key to empowering the adults and youth in our programs to change their lives. We care deeply about involving the community in what we do and are passionate about providing opportunities for individuals to get jobs and move out of poverty. Students work in every aspect of our businesses – our restaurant, cafes and catering. They also play key roles in our School and Community Meals By investing in people and building community, we’re transforming homelessness, programs, where they begin giving back to the community on their very first hunger and poverty into human potential. One person. One job. One community day. When they graduate from our culinary and barista training programs, at a time. Thank you for caring about our students, graduates and community. they move forward empowered and inspired to achieve greatness. With sincere gratitude, FareStart has influenced everything I’ve done and will do. It gave me the faith in myself to get a Megan Karch Lisa Clarke place and make the rent. Without Chief Executive Officer President, 2016 Board of Directors FareStart, I’d never have made it.” —Freeman, 2016 graduate 2 2016 FARESTART ANNUAL REPORT 2016 FARESTART ANNUAL REPORT 3 IMPACT IN 2016: IMPACT IN 2016: ADULT CULINARY PROGRAM YOUTH BARISTA & CULINARY PROGRAMS Using Food as the Tool to Transform Lives Teaching Skills that Change Lives FareStart provides more than just job training. We provide hope. We instill FareStart gives youth the opportunity to succeed by giving them hands-on 154 confidence – challenging and encouraging students to find their inner strength culinary and barista training in our cafes, along with customer service, life 107 Graduates Graduates to write a new chapter in their life. We accomplish this by combining hands- skills and job placement assistance. We partner with Seattle Public Schools on training with classroom instruction, individual case management, life-skills Interagency Academy for our culinary program and YouthCare for our coaching and job placement services. barista program. 91% 51% Job placement Placed in jobs rate after 90 days 80% 78% Students earning Employed after high school credit 3 months (Youth Culinary) Without FareStart, I’d still be I loved the program. It gives in a tent in The Jungle (former people a chance and the tools homeless encampment), having to to succeed, the space to turn survive day-to-day, struggling their lives around. That’s all to get the essentials.” you can ask.” — Victoria, 2016 graduate — Anthony, 2016 graduate 4 2016 FARESTART ANNUAL REPORT 2016 FARESTART ANNUAL REPORT 5 IMPACT IN 2016: IMPACT IN 2016: COMMUNITY AND SCHOOL MEALS PROGRAMS CATALYST KITCHENS PROGRAM Founded on the Promise of Feeding our Community Catalyst Kitchens Expands our Ripple Effect across the Country FareStart School and Community Meals programs ensure children can count Catalyst Kitchens is our entrepreneurial, national program that gives 845,852 on a healthy lunch and adults living in shelters, transitional housing and nonprofits the tools, training and support needed to build and grow 10,747,320 Meals prepared Meals served and delivered low-income healthcare facilities receive a hot meal every day. We’ve never innovative foodservice social enterprises around the country. We provide missed a day of delivering a nutritious meal – despite holidays, snowstorms, focused training and build community partnerships based on FareStart’s power outages and traffic. successful model. 365 3,490 Days meals Individuals delivered annually enrolled in training 66 83% Locations served Job placement rate FareStart has provided our school Thank you Catalyst Kitchens with healthy lunches for over 15 years. for your encouragement, Eating lunch together is an important collaboration and cooperation. part of our daily curriculum. We With your guidance, we have appreciate the emphasis on fresh doubled our impact on our produce and FareStart’s commitment community!” to use local products.” — Anne Davis, — Paul Fordham, University Temple Children’s School Homeward Bound of Marin 6 2016 FARESTART ANNUAL REPORT 2016 FARESTART ANNUAL REPORT 7 FareStart’s Circle of Impact recognizes annual giving from individuals who donate $1,000 or more and corporations and 2016 FINANCIALS foundations that invest $5,000 or more in our mission annually. Our deepest thanks for their important contributions to our students’ success in 2016. FareStart FareStart Consolidated* Properties Ken & Sharon Coleman Ted Spitalnick & Michael & Pamela Michael & Chris Schenck & Peter Bladin & REVENUE INDIVIDUALS AND FAMILY Paul & Debbie Davis Katie Farrell Chozen, in memory Nathalie Isensee Sarah Martin Donna Lou Foodservice Revenue $5,957,465 _ $5,957,465 The Delta Foundation Phil & Maggie Stalcup of Ashley & Jean K. Lafromboise The Schuler Family Linda & Frank FOUNDATIONS Mark Michael’s _ Dubchansky Family Laura Stanton & Foundation Foundation Bothwell Government 1,566,300 1,566,300 grandmother Leaders Foundation Shad Muegge Allen & Carleigh Barbara Seeburger Janis Bridge Private Contributions 4,969,526 _ 4,969,526 & Cyndy & Ed $50,000 & above Joel & Leslie Ferrell Theo Chocolate Johnson Tellumind Foundation Brad & Jane Brown _ Maletis’s mother Catalyst Kitchens - Services and Dues 300,965 300,965 Anonymous Barbara & Foundation John & Heather Sally Thelen Emilie & Grant Castle Bill & Paula Clapp Kahan Interest and Other Revenue 35,185 _ 35,185 Aven Foundation Allan Ferrin Umberfield Zack Sam Thomson, Matt & Meg Chadsey Family Foundation/ Clark R. Smith Family Megan Karch & REVENUE _ Synnove L. Fielding & Michelle & in memory of Peter Dale & Ruth Chenault TOTAL REVENUE $12,829,441 $12,829,441 James Zack Foundation Aly Vander Stoep Robert LeRoy David Fleming Michael Thomson, Jr. David & Nancy Cole Foodservice Revenue 46.4% Sheryl Willert & Lisa & John Clarke Kevin & Ember Korver Folley Family Doug & Linda Frye Todd & Donna Daniel & Amy Conti Private Contributions 38.7% Ross Jacobson Connie Clark-Redmond John & Cynthia Krass Rosenberg EXPENSES Foundation Ken & Sandy Glass & Kirk Redmond Carrie Culp & Government 12.2% Lenore Hanauer Foundation Training Programs 10,586,914 _ 10,586,914 Larry Benaroya Drew & Stacy Don Anderson Investors Drs. John Corman & Foundation Ruth & Todd Warren Catalyst Kitchens Services and Dues 2.3% Family Foundation Graham K. Linnea Peterson Gail & Pat DeGiulio Administration 1,651,601 193,410 1, 8 45, 011 $5,000 - $9,999 Francesca Leonetti Sarah Warren Interest and Other Revenue .3% Lyn Tangen & Don & Lois Hallock Kurt & Suzan DelBene Cindy Demeules Fundraising 1,584,249 _ 1,584,249 Anonymous (2) Lester & Diana LeRoss Richard Barbieri Kenneth & Julie Hart Kristina Detwiler Bill Dodson Anonymous, in honor Sharon & Tom Loushin Champions TOTAL EXPENSES $13,822,764 $193,410 $14,016,174 Lucy Helm Julio Estrada Charles Donovan Visionaries of Bonnie Tibbles LRCA Peterson Family $2,500 - $4,999 Gregg & Nancy Jim & Krista Ferguson Peter & Deborah $25,000 – $49,999 Johnson Gerry & Tracy Adams Foundation Anonymous (3) TOTAL CHANGE IN NET ASSETS ($993,323) ($193,410) ($1,186,733) Tom & Dawn Flookes Ehrlichman Anonymous Howard & Nancy Kate & Paul Bradley Jim & Sheila Mallahan Daniel Albrecht Valerie & Thomas The Elaine & Vincent Bill & Janette Adamucci Johnson Barbara & Robert David Marquez & Pete & Helen Bell Foundation Breskovich Frye, Jr. Janet Frohnmayer ASSETS AND LIABILITIES Larry & Sherry Benaroya Donald & JoEllen Andersen Gail & Edmond Eng Jon & Bobbe Bridge Nicki & John Gates Dave McAlpin & Current Assets 2,766,836 278,326 3,045,162 Sue & Dave Holt Loeb Scott Anderson & The Ex Anima Fund Dee Brown Lee & Sheila Geraghty Getz Stephanie Holstine Alex Stanyon Ed & Becky Jhu Alice & Rod Louie Caroline Feiss & Non-current Assets 3,676,138 7,675,948 11,352,086 Christopher Lee & Aaron Getz Sam McVeety & Denise Anderson Lisa & Kevin Johnson Colin & Erica McCaig Gordon Davidson Baillie & Bill Buchanan Deborah & Brad Jordan Goldwarg TOTAL ASSETS $6,442,974 $7,954,274 $14,397,248 Mike & Liz McConnell Allan Aquila Anne Fennessy & David & Paige Linton Gliner Todd & Mimi Bruce Burger Arthur M. James David Moseley Myra & Mike McCoy Jerry Meyer & Ken & Tamara Menenberg Nina Zingale Tim Burner & Family Foundation Ann Finn Detlefs & Current Liabilities 1,174,863 _ 1,174,863 Craig & Eden Russell Goddard Karen & Paul Menzel Moccasin Lake Cami Gearhart Robbie & Robin Baker David Detlefs Non-current Liabilities 32,299 _ 32,299 Cliff Burrows & Gorder Family Charlotte Merritt Transformers
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