Golden State Opportunity

EIN: 474325738 501(c)(3) Human Services

San Francisco, CA

Total Revenue
$8,136,295
Total Expenses
$6,707,808
Total Assets
$4,140,974
Net Assets
$3,416,945
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
Amy Everitt
Phone
6282105011
Tax Period
2024-01-01 to 2024-12-31

Golden State Opportunity, founded in 2015, is a community nonprofit in the Human Services sector that reported $8.1M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 18% operating margin.

Mission

GOLDEN STATE OPPORTUNITY (GSO) IS A NONPROFIT DEDICATED TO ENDING POVERTY BY PROVIDING ALL CALIFORNIANS WITH THE TOOLS TO BUILD FINANCIAL WELL-BEING AND THRIVE. OUR WORK IS ALONG TWO COMPLEMENTARY TRACKS GETTING PEOPLE THE HELP THEY NEED RIGHT NOW AND BUILDING THE INFRASTRUCTURE TO CHANGE ATTITUDES TOWARD PEOPLE LIVING IN POVERTY AND THE POLICIES THAT KEEP THEM THERE. GSO LEADS COMPREHENSIVE STATEWIDE CAMPAIGNS TO HELP FAMILIES ACCESS TAX CREDITS AND PUBLIC BENEFITS, ACHIEVE FINANCIAL STABILITY, AND PLAN FOR THE FUTURE THROUGH PROGRAMS THAT UPLIFT LOW-INCOME CALIFORNIANS. OUR COMMUNITY OF WORKING FAMILIES IS LEADING THE CHARGE FOR PUBLIC POLICIES THAT END POVERTY IN CALIFORNIA. GSO WONT STOP PUSHING FOR SYSTEMIC CHANGE UNTIL EVERYONE CAN EASILY ACCESS THE RESOURCES, THEY NEED TO MEET THEIR BASIC NEEDS AND TRANSFORM THEIR LIVES WITH FINANCIAL STABILITY.

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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 $8,106,911
Program Service Revenue $0
Investment Income $16,346
Other Revenue $13,038
TOTAL REVENUE $8,136,295

Expense Breakdown

Grants Paid $1,475,000
Salaries & Benefits $2,628,240
Fundraising Expenses $491,665
Program Expenses $5,608,273
Other Expenses $2,604,568
TOTAL EXPENSES $6,707,808

Year-over-Year Comparison

2024 2023 Change
Revenue $8,136,295 $7,622,712 +0.1%
Expenses $6,707,808 $8,267,336 -0.2%
Net Income $1,428,487 $-644,624 -3.2%
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
11
Independent Members
8
Employees
36
Volunteers
25

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
6
$747,036
Total Directors
9
$747,036
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Everitt President 50.00
Officer Director
$313,940 $29,882 $343,822
Esperanza Greenwood CCPAO/Asst Secy 50.00
Officer Director
$171,940 $39,912 $211,852
Lindsay Cooper Martin COO/ASST TREAS 50.00
Officer Director
$171,940 $19,422 $191,362
Aryeh Breakstone Director of Development 50.00
$161,940 $9,314 $171,254
Ryan Scholl Dept Dir of IC 50.00
$109,062 $11,055 $120,117
Joe Sanberg Founder/Chair 1.00
Officer Director
$0 $0 $0
Ana Grande Secretary 1.00
Officer Director
$0 $0 $0
Cynthia Guerrero Treasurer 1.00
Officer Director
$0 $0 $0
Michael P Meehan Board Member 1.00
Director
$0 $0 $0
Darrell Peeden Board Member 1.00
Director
$0 $0 $0
Gabrielle Hedlund Board Member 1.00
Director
$0 $0 $0
Angelo Farooq Board Member 1.00
$0 $0 $0
Ben Jealous Board Member 1.00
$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 $8,136,295 $6,707,808 $4,140,974 $1,428,487
2023 $7,622,712 $8,267,336 $2,124,935 $-644,624
2022 $8,889,306 $7,098,815 $4,253,037 $1,790,491
2021 $5,527,215 $5,472,391 $1,052,316 $54,824
2020 $3,711,235 $4,669,039 $1,019,966 $-957,804
2019 $5,038,159 $4,296,111 $1,899,844 $742,048
2018 $4,699,081 $2,322,740 $3,278,688 $2,376,341
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