Essentials First EIN 83-3737538

Essentials First

EIN  83-3737538 Public charity (501(c)(3)) Bellevue, WA
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Size
$100K–1M
What they do
Distributes hygiene items and culturally fitting food to families in need.
Leadership
Nickhath Sheriff · CEO · $78K
Money in and out
$406K revenue, $438K expenses
Bottom line
75% program efficiency

Distributes hygiene items and culturally fitting food to families in need. For fiscal year 2024 it reported $406K in revenue, $438K in expenses, and $275K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$406K
Pt VIII · Ln 12
Total expenses
$438K
Pt IX · Ln 25
Net assets
$275K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$32K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.15 Fundraising $0.10
Program efficiency
75%
of spending reaches programs▼ -22% vs prior filing year
Operating runway
6.1mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▼ -198% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$406K
FY2024▼ -18%
Expenses
$438K
FY2024▼ -4%
Total assets
$279K
FY2024▼ -12%
Total liabilities
$3K
FY2024▼ -61%
Total revenue
$406K
Pt VIII · Ln 12
Total expenses
$438K
Pt IX · Ln 25
Net assets
$275K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$32K
Total assetsPt X · Ln 16$279K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $328K of program spending, described in the organization's own filed words · FY2024.
01

2024 was a big year, with three new locations and more than twice the number of clients picking up hygiene kits. Our newest location in Kent opened in a larger space on September 7, 2024. Our team continues working hard to keep up with the need and make sure everyone has dignified, reliable access to hygiene essentials.

$328Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEssentials First
EINHdr · item D83-3737538
Principal addressHdr · item CBellevue, WA
WebsiteHdr · item Jwww.kitsforepeace.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$77,500Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
On the Governance Committee
$0Pt VII · Sec A
On the Governance Committee
$0Pt VII · Sec A
Youth Program Lead
$0Pt VII · Sec A

Nickhath Sheriff’s $78K as CEO is at the 69th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Nickhath Sheriff$77,500$115,000$54,000$36,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$406K
Investment income$24
— government grantsLn 1e$28K
Total revenueLn 12$406K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.15 Fundraising $0.10
Program services75%$328K
Management & general15%$66K
Fundraising10%$44K
Total functional expensesLn 25$438K

Balance Sheet

Part X · end of year
CashLn 1$224K
Total assetsLn 16$279K
Total liabilitiesLn 26$3K
Total net assetsLn 32$275K
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $224K · Operating expenses/yr $438K
6.1 months
Where the money goes
Program services
Program services $328K · Total expenses $438K
75%
Management & General
Management & general $66K · Total expenses $438K
15%
Fundraising
Fundraising $44K · Total expenses $438K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $368K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $406K · Total revenue $406K
100%
Government reliance
Government grants $28K · Total revenue $406K
7%
Earned-income share
Program service revenue $0 · Total revenue $406K
0%
Investment reliance
Investment income $24 · Total revenue $406K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $438K
0%
Growth & trend
Revenue growth (YoY)
This year $406K · Prior year $497K
-18%
Revenue CAGR
FY2020 $106K · FY2024 $406K
+40%
Net-asset trend (YoY)
End of year $275K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $406K · Expenses $438K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $279K
Net-asset ratio
Net assets $275K · Total assets $279K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $279K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nickhath Sheriff · Reported title CEO · Highest reported compensation $78K · Total expenses $438K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $163K · Total expenses $438K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 15%
Fundraising cost ratio 11%
Revenue growth -18%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$1K
Grants paid · 5 grants · $151K · 2022–2023
Unitemized GrantFY2023$50,574
Unitemized GrantFY2023$33,083
Unitemized GrantFY2023$32,551
Unitemized GrantFY2023$15,935
Unitemized GrantFY2022$18,431

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$406K revenue · viewing · ⤓ 990 PDF
FY2023$497K revenue · ⤓ 990 PDF
FY2022$329K revenue · ⤓ 990 PDF
FY2021$198K revenue · ⤓ 990 PDF
FY2020$106K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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