Nonprofit · EIN 83-4584093
SHARED ASCENT FUND
Tax-exempt · SACRAMENTO, CA 95814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,780,793 | $6,313,985 | -$533,192 | $6,438,539 | $1,193,748 | $5,244,791 |
| December 31, 2023 | 990 | $8,389,901 | $5,869,114 | $2,520,787 | $7,484,913 | $1,706,930 | $5,777,983 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,207,212
- Program service revenue
- $570,818
- Investment income
- -$37
- Net rental income
- $2,800
- Net gain from sales of assets
- -$3,790
- Other revenue
- $2,800
Expenses
- Grants and similar amounts paid
- $1,253,250
- Compensation of officers, directors and key employees
- $55,415
- Other salaries and wages
- $3,063,194
- Salaries, compensation and benefits (total)
- $3,922,808
- Professional fundraising fees
- $0
- Legal fees
- $27,188
- Accounting fees
- $24,390
- Occupancy
- $110,647
- Travel
- $143,711
- Depreciation
- $3,029
- Program services (functional)
- $5,924,167
- Management and general (functional)
- $360,334
- Fundraising (functional)
- $29,484
Balance sheet and other
- Total assets, start of year
- $7,484,913
- Total assets, end of year
- $6,438,539
- Total liabilities, end of year
- $1,193,748
- Net assets, end of year
- $5,244,791
- Net assets without donor restrictions
- $711,450
- Net assets with donor restrictions
- $4,533,341
- Gross receipts
- $7,344,092
- Employees
- 53
- Volunteers
- 5
- Year formed
- 2019
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMIE HART DIR COALITION | TO EXPAND CONTRACEPTIVE ACCESS Highest-paid employee | 40 | $346,257 | $0 | $47,150 |
| MICHAEL PIERCE DIR | STUDENT BORROWER PROTECTION CENTER Highest-paid employee | 39 | $242,468 | $1,992 | $49,105 |
| LISA STERN DEP DIR COALITION | TO EXPAND CONTRACEPTIVE ACCESS Highest-paid employee | 40 | $258,047 | $0 | $30,473 |
| PERSIS SICHING YU POLICY DIR | & MAN. COUNS., STDNT BWR PROT. CTR Highest-paid employee | 39 | $212,619 | $1,648 | $18,533 |
| SHEILA DESAI DIR | TO EXPAND CONTRACEPTIVE ACCESS Highest-paid employee | 40 | $180,244 | $0 | $32,837 |
| AVI GARBOW SEE SCH O | DIRECTOR; PRESIDENT (END 10/24) Officer | 1 | $19,632 | $51,095 | $4,192 |
| ROSINA BUGARIN SEE SCH O | TREASURER & CHIEF FINANCIAL OFFICER Officer | 3 | $21,926 | $41,730 | $9,984 |
| MATTHEW ARMSBY SEE SCH O | VP; INTERIM PRESIDENT (BEG. 10/24) Officer | 1 | $1,680 | $38,924 | $4,828 |
| HELENA CHOI SEE SCH O | SECRETARY AND VICE PRESIDENT Officer | 1 | $6,318 | $20,181 | $4,428 |
| JASON BURNETT | DIRECTOR, CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER J ELLIMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARTHA KONGSGAARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PRESTON PINKETT III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELISSA ROY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMIE HART DIR COALITION | TO EXPAND CONTRACEPTIVE ACCESS Highest-paid employee | 40 | $326,339 | $0 | $41,672 |
| MICHAEL PIERCE DIR | STUDENT BORROWER PROTECTION CENTER Highest-paid employee | 40 | $244,741 | $0 | $31,772 |
| LISA STERN DEP DIR COALITION | TO EXPAND CONTRACEPTIVE ACCESS Highest-paid employee | 40 | $223,475 | $0 | $20,492 |
| PERSIS SICHING YU POLICY DIR | & MAN. COUNS., STDNT BWR PROT. CTR Highest-paid employee | 40 | $207,750 | $0 | $13,045 |
| SHEILA DESAI | RESEARCH DIR. Highest-paid employee | 40 | $161,001 | $0 | $27,352 |
| AVI GARBOW SEE SCH O | CHAIR - AS OF 09/2023; PRESIDENT Trustee or director, Officer | 2 | $29,531 | $68,525 | $0 |
| ROSINA BUGARIN SEE SCH O | TREASURER & CHIEF FINANCIAL OFFICER Officer | 2 | $15,039 | $31,727 | $0 |
| HELENA CHOI SEE SCH O | SECRETARY AND VICE PRESIDENT Officer | 1 | $3,038 | $7,519 | $0 |
| STEVE DAETZ | CHAIR - UNTIL 09/2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JASON BURNETT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER J ELLIMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARTHA KONGSGAARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PRESTON PINKETT III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELISSA ROY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 CAPITOL MALL STE 2650, SACRAMENTO, CA 95814-4410
- In care of
- % PHILIP GINSBURG
- Principal officer (990 for 2024)
- MATTHEW ARMSBY, 400 CAPITOL MALL 2150, SACRAMENTO, CA 95814
- Signed the 990
- MATTHEW ARMSBY, INTERIM PRESIDENT
- Phone
- (916) 442-5057
- Website
- SHAREDASCENTFUND.ORG
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
California records
California keeps its own records of charities and corporations. Search them by EIN 83-4584093 or by the name SHARED ASCENT FUND.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SHARED ASCENT FUND'S MISSION IS TO PROMOTE THE COMMON GOOD BY UPHOLDING DEMOCRATIC VALUES, PROMOTING HEALTH, AND ADVANCING SOCIAL EQUITY.
Program accomplishments
- IN 2024, SHARED ASCENT FUND (SAF) SUPPORTED EFFORTS TO MAINTAIN AND STRENGTHEN VOTING RIGHTS; STRENGTHEN HEALTH CARE POLICIES AND ACCESS; AND COUNTER RACISM IN AMERICA. IN ADDITION TO GRANTMAKING, SAF SERVES AS FISCAL SPONSOR-PROVIDING ADMINISTRATIVE (HUMAN RESOURCES, LEGAL, FINANCIAL, TECHNOLOGY) SERVICES TO PROJECTS FOCUSED ON SOCIAL CAUSES.Expenses $5,924,167 · grants $1,253,250 · revenue $570,818
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4584093
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R99)
- Assets (IRS master file)
- $6,438,539
- Income (IRS master file)
- $7,344,092
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,780,793 | $6,313,985 | $6,438,539 | XML |
| 990 | December 2023 | $8,389,901 | $5,869,114 | $7,484,913 | XML |
| 990 | December 2022 | $6,441,198 | $7,098,129 | $4,259,803 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4584093).
Questions about SHARED ASCENT FUND
- What is the EIN of SHARED ASCENT FUND?
- The employer identification number (EIN) of SHARED ASCENT FUND is 83-4584093.
- Is SHARED ASCENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to SHARED ASCENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHARED ASCENT FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHARED ASCENT FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHARED ASCENT FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SHARED ASCENT FUND?
- The 990 for the year ended December 31, 2024 names MATTHEW ARMSBY.
- Who are the officers and directors of SHARED ASCENT FUND?
- The 990 for the year ended December 31, 2024 lists 14 people; 9 received compensation from the organization, the highest $346,257 (JAMIE HART DIR COALITION, TO EXPAND CONTRACEPTIVE ACCESS).
- How much revenue does SHARED ASCENT FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,780,793, expenses of $6,313,985 and total assets of $6,438,539 at year end.
Other nonprofits in SACRAMENTO
- DISABILITY RIGHTS CALIFORNIA EIN 94-2505916 · last filed 990 for 2025
- CALMATTERS EIN 47-2474086 · last filed 990 for 2025
- VOTEAMERICA INC EIN 84-3442002 · last filed 990 for 2024
- PACIFIC JUSTICE INSTITUTE EIN 91-1823641 · last filed 990 for 2025
- CALIFORNIA BLACK MEDIA EIN 46-2808252 · last filed 990 for 2024
- ACLU CALIFORNIA ACTION EIN 85-1471040 · last filed 990 for 2025
- COMMUNITY JUSTICE ALLIANCE INC EIN 83-2059750 · last filed 990 for 2024
- CALIFORNIA PARTNERSHIP TO END DOMESTIC VIOLENCE EIN 77-0347420 · last filed 990 for 2025
All nonprofits in SACRAMENTO · California · Civil rights, social action and advocacy