Golden State Community Foundation
Nonprofit profile at a glance
- EIN
- 454001645
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4158781186
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $22,093,791
- Expenses
- $10,222,143
- Assets
- $39,383,375
- Liabilities
- $7,837,751
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- NICOLE LACOB (PRESIDENT)
- BRANDON SCHNEIDER (VICE PRESIDENT)
- AY'ANNA MOODY (EXECUTIVE DIRECTOR)
Highest reported compensation
- AY'ANNA MOODY (EXECUTIVE DIRECTOR): $217,186 total reported compensation
- EVAN SCHWARTZ (SENIOR DIRECTOR, PHILANTHROPY): $166,760 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support programs of charitable organizations, organized and operated exclusively for charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986 as amended, that promote education, teamwork, and self-esteem among underserved youth throughout the oakland, san francisco, and san jose areas.
What it reported doing in 2024
To support programs of charitable organizations, organized and operated exclusively for charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986 as amended, that promote education, teamwork and self-esteem among underserved youth throughout the oakland, san francisco, and san jose areas. In support of this mission, the foundation makes contributions to nonprofit charitable and educational organizations of (a) tickets to team basketball games, which the grantee organizations can distribute as part of their charitable activities to underserved youth to provide them with the opportunity to attend a professional basketball game; and (b) grants, which take the form of either general support or specific support grants.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 70% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 80
- Accountability: 100
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.4%; rating input score 44
- Program expense ratio: 92.3%; rating input score 92
- Fundraising efficiency: $87.91 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 93.5%; rating input score 94; 23rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 53.7%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 3.85; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 15.1% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 17.6% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 26.1% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 44.4% of revenue deployed · 92.3% of spending went to programs
- Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.4M in reported program spending
- Leadership: top reported pay $217K · 22 people listed · 3 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 122 filed money-flow records
- Related organizations: 84 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.