EIN 47-4325738

Golden State Opportunity

IRS 501(c) type
501(c)(3)
Num. employees
34
Year formed
2015
Most recent tax filings
2022-12-01
Description
Golden State Opportunity dedicates itself to ending poverty by empowering Californians with financial tools to flourish. GSO connects low-income individuals to necessary resources like the earned income tax credit through their statewide outreach initiative, CalEITC4Me. The Federal and state earned income tax credits support low-income households in California and encourage them to claim the credit.
Also known as...
Golden State Opportunity Foundation
Total revenues
$8,889,306
2022
Total expenses
$7,098,815
2022
Total assets
$4,253,037
2022
Num. employees
34
2022

Program areas at Golden State Opportunity

GSO's signature program is a statewide outreach campaign called CalEITC4Me to encourage low-income Californians to claim the state's earned income tax credit as well as the Federal earned income tax credit. Federal and state earned income tax credits, which incentivize and reward work, are the most important poverty reduction programs in existence. The earned income tax credit and child tax credit have reduced poverty by an estimated 3.2 percentage points, and have decreased poverty rates for children by a full 6 percentage points from 31.1 percent to 25.1 percent. Despite the efforts of these programs, a large number of Californians remain in poverty, many unaware of the resources available to them. Promoting greater participation in existing programs and encouraging new, innovative approaches to fighting causes of poverty would lead to drastic improvements in the standard of living for many low income families struggling to get by.

Grants made by Golden State Opportunity

GranteeGrant descriptionAmount
Mexican American Opportunity Foundation (MAOF)Caleitc4me Campaign$133,000
Barrio Action Youth & Family Center.Caleitc4me Campaign$81,000
Central City Neighborhood PartnersCaleitc4me Campaign$72,000
...and 29 more grants made totalling $1,157,200

Who funds Golden State Opportunity

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$1,001,000
Crankstart FoundationTo Expand Access and Enrollment in Public Benefits Programs and Tax Credits in California$500,000
United Way Bay AreaProgram Grant$321,000
...and 11 more grants received

Personnel at Golden State Opportunity

NameTitleCompensation
Carmen ChangOrganizing Director$140,000
Daniel VasquezOperations Director$128,246
Esperanza GreenwoodCommunications and Marketing Director$160,000
Sabrina de SantiagoPolicy and Research Director$170,000
Aryeh BreakstoneDevelopment Director / Grants Officer$137,500
...and 7 more key personnel

Financials for Golden State Opportunity

RevenuesFYE 12/2022
Total grants, contributions, etc.$8,877,006
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,300
Total revenues$8,889,306

Form 990s for Golden State Opportunity

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-07-26990View PDF
2019-122021-04-05990View PDF
2018-122020-02-05990View PDF
...and 4 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 10 new personnel
December 29, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $500,000 from Crankstart Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsHuman service organizationsFamily service centersCharities
Issues
Human services
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
345 California St 600
San Francisco, CA 94104
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
goldenstateopportunity.org/ 
Phone
(415) 505-4405
IRS details
EIN
47-4325738
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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