SKYSTHELIMIT ORG

EIN: 274333255 501(c)(3) International Affairs

OAKLAND, CA

Total Revenue
$2,631,248
Total Expenses
$2,080,333
Total Assets
$4,000,412
Net Assets
$3,930,997
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
WA
Principal Officer
WILLIAM A GHIRARDELLI
Phone
5103798952
Tax Period
2024-01-01 to 2024-12-31

SKYSTHELIMIT ORG, founded in 2010, is a community nonprofit in the International Affairs sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $551K, a strong 21% operating margin.

Mission

TO HELP UNDERREPRESENTED ENTREPRENEURS PLAN, LAUNCH AND GROW BUSINESSES THROUGH ONE-ON-ONE MENTORING, TRAINING, AND ACCESS TO CAPITAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,501,789
Program Service Revenue $0
Investment Income $128,390
Other Revenue $1,069
TOTAL REVENUE $2,631,248

Expense Breakdown

Grants Paid $82,057
Salaries & Benefits $556,009
Fundraising Expenses $159,462
Program Expenses $1,526,718
Other Expenses $1,442,267
TOTAL EXPENSES $2,080,333

Year-over-Year Comparison

2024 2023 Change
Revenue $2,631,248 $3,152,963 -0.2%
Expenses $2,080,333 $2,755,548 -0.2%
Net Income $550,915 $397,415 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
6
Volunteers
1100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$172,383
Total Directors
14
$172,383
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BO GHIRARDELLI CEO, PRESIDENT 40
Officer Director
$172,383 $0 $172,383
JOEL HIGA SECRETARY 1
Officer Director
$0 $0 $0
NICOLAS CARY CHAIRMAN 20
Officer Director
$0 $0 $0
BRADFORD SMITH TREASURER 1
Officer Director
$0 $0 $0
JOHN DOWNIE BOARD MEMBER 1
Director
$0 $0 $0
AUBREY FLYNN BOARD MEMBER 1
Director
$0 $0 $0
OMAR HAJJI BOARD MEMBER 1
Director
$0 $0 $0
FABIO ROSATI BOARD MEMBER 1
Director
$0 $0 $0
BRIANNA WILLIAMS BOARD MEMBER 1
Director
$0 $0 $0
CLIF MARRIOTT BOARD MEMBER 1
Director
$0 $0 $0
MICHELLE PARSONS BOARD MEMBER 1
Director
$0 $0 $0
GEORGE MESTRE BOARD MEMBER 1
Director
$0 $0 $0
CLAUDIA VIEK BOARD MEMBER 1
Director
$0 $0 $0
PAUL SOLLI BOARD MEMBER 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,631,248 $2,080,333 $4,000,412 $550,915
2023 $3,152,963 $2,755,548 $3,265,806 $397,415
2022 $2,571,830 $2,403,519 $2,520,125 $168,311
2021 $2,884,805 $1,504,013 $2,416,869 $1,380,792
2020 $816,300 $795,888 $1,018,604 $20,412
2019 $703,713 $604,249 $932,917 $99,464
2018 $1,164,409 $595,043 $833,237 $569,366
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