Closing the Gap
Nonprofit profile at a glance
- EIN
- 263122380
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2013
- Location
- Sacramento, CA, USA
- Phone
- 5105676852
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $41,844
- Expenses
- $31,900
- Assets
- $91,504
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DR VANESSA SHEARED (President)
- DR BJ SNOWDEN (Vice President)
People named in this filing
- DR VANESSA SHEARED (President)
- DR BJ SNOWDEN (Vice President)
- MARIELLE TSUKAMOTO (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Closing the gap is an all volunteer non-profit that screens, funds and assists programs focused on closing the academic achievement gap in sacramento area public schools. We make sure the funds are going to local programs that help local students.
What it reported doing in 2025
Funding and assisting academic achievement gaps in sacramento area public schools
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.9%; rating input score 75
- Program expense ratio: 98.3%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.8%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 2.87; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: -7.6% per year; rating input score 0; 28th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 74.9% of revenue deployed · 98.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $31K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.