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Tides Network

San Francisco, CA · EIN 20-3395198 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Tides Network reported $53.4 million in revenue and $53.4 million in expenses for calendar year 2024. Of every $100 it spent, $56.31 went to program services, $37.34 to management and general costs and $6.35 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.1% of the total. The highest compensation it reported for one person was $861,260 (DIRECTOR, CEO). 166 people received more than $100,000 in reportable compensation. Revenue rose 127% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $53M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $53M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
56.3%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
37.3%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.3%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
99.1%0.0%
Highest reported compensation
Part VII-A, columns D–F
$861,260$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.61%1.56%
People paid over $100,000
Part VII, line 2
1663
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.056.6
Independent voting board members
Part VI 1a–1b
18 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$30M expenses · 100.0% of program spending · grants $423K · revenue $53M

Tides Network (the "network") provides shared services and oversees the operations, appoints board members, and provides executive leadership and administrative support for the other tides organizations (tides center, tides foundation, tides, inc., and tides two rivers fund). The network's specific activities include setting mission and strategy with other tides entities, and supporting their financial leadership, risk management, communications, administration of human resources, as well as administration of information technology and other office systems

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR, CEO
Director/trustee, officer, 5.00 hrs/week
$818,625$0$42,635$861,260
ASSISTANT TREASURER/CFO THRU 9/2024
Officer, 17.00 hrs/week
$570,029$0$45,726$615,755
CHIEF PARTNERSHIPS OFFICER
Key employee, 55.00 hrs/week
$462,105$0$44,129$506,234
ASST SEC & CHIEF LGL & COMP OFFICER
Officer, 41.00 hrs/week
$447,893$0$53,647$501,540
CHIEF IMPACT OFFICER
Key employee, 55.00 hrs/week
$432,717$0$37,744$470,461
EXECUTIVE DIRECTOR TIDES FOUNDATION
Highest compensated employee, 40.00 hrs/week
$291,450$0$57,470$348,920
CHF DGTL&TRANSFORM OFF AS OF 4/24
Key employee, 55.00 hrs/week
$306,728$0$29,221$335,949
VICE PRESIDENT, IMPACT INVESTING
Highest compensated employee, 40.00 hrs/week
$281,646$0$36,506$318,152

166 people received more than $100,000 in reportable compensation from Tides Network (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$53M$53M56.3%$4.3M$861,260
2023 ⓘ$46M$46M19.0%$4.3M$795,961
2022 (amended) ⓘ$39M$39M23.5%$4.4M$764,803
2021 ⓘ$33M$33M88.6%$4.4M$576,358
2020 ⓘ$26M$26M88.5%$4.4M$661,814
2019 ⓘ$24M$23M88.5%$3.9M$490,851

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5256
  • Volunteers Part I, line 63

Private foundation grants it received

1 private foundation reported grants to Tides Network totaling $5,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Tides Network's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Tides Network, you can publish a response that is linked from this page.

Questions people ask

How much of Tides Network's spending goes to programs?

In calendar year 2024, Tides Network reported that 56.3% of its $53.4 million in expenses went to program services, 37.3% to management and general and 6.3% to fundraising (Form 990, Part IX).

How much does Tides Network pay its top executive?

The largest total compensation Tides Network reported for one person in calendar year 2024 was $861,260, for the role of DIRECTOR, CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Tides Network get its money?

Of $53.4 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.1% from program service revenue (Form 990, Part VIII).

Is Tides Network a registered charity?

The IRS lists EIN 20-3395198 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543189349304509 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202402739349300350 · read the filing
  • 2022: Form 990 for calendar year 2022 (amended), object 202410469349300701 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233189349311388 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113149349300111 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003149349304330 · read the filing

All filings for EIN 20-3395198: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.