Organizations Filed Purposes:
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. By connecting low-income Californians to resources such as the Earned Income Tax Credit, public benefits and resources for financial well-being, GSO supports their pathways to financial security.
The charitable and educational mission of the foundation is to address the needs and interests of economically disadvantaged persons throughout California. The foundation will work to improve the lives of lower and middle income Californians through a program of research, analysis, public information and education.
The foundation's initial project is a statewide outreach campaign called CalEITC4Me to encourage low income Californians to claim the newly passed state 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. GSO led a coalition to further expand the California Earned Income Tax Credit to a $1 billion program and added a Young Child Tax Credit so families with children under 6 can claim up to $1,000. We also helped over 2 million low-income families claim the CalEITC and the federal EITC.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Sandra Lyon | Vice President | 40 | $187,915 |
| Josh Fryday | Treasurer | 40 | $166,154 |
| Timothy Merritt | Chief Operating Officer | 40 | $149,231 |
| Laura Capps | Director | 1 | $97,500 |
| Amy Everitt | President | 40 | $43,269 |
| Alejandra Compoverdi | Secretary | 40 | $25,654 |
| Wally Adeyemo | Director | 1 | $0 |
| Joseph N Sanberg | Founder and Board Chair | 15 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043219349324454_public.xml