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Nonprofit · EIN 26-0376769

GROWTH SECTOR COMPANY

Tax-exempt · SAN FRANCISCO, CA 94109

Financials

$2.7M$2.8M2023$2.6M$3M2024
Revenue Expenses · by fiscal year end
Financials of GROWTH SECTOR COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,612,824$2,985,464-$372,640$2,002,359$37,067$1,965,292
December 31, 2023990$2,743,912$2,770,900-$26,988$3,203,714$29,828$3,173,886
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,582,518
of which government grants
$1,808,413
Program service revenue
$0
Investment income
$30,306
Other revenue
$0

Expenses

Grants and similar amounts paid
$345,368
Compensation of officers, directors and key employees
$572,960
Other salaries and wages
$437,719
Salaries, compensation and benefits (total)
$1,132,203
Professional fundraising fees
$0
Accounting fees
$137,199
Occupancy
$14,300
Travel
$54,061
Program services (functional)
$2,246,053
Management and general (functional)
$501,065
Fundraising (functional)
$238,346

Balance sheet and other

Total assets, start of year
$3,203,714
Total assets, end of year
$2,002,359
Total liabilities, end of year
$37,067
Net assets, end of year
$1,965,292
Net assets without donor restrictions
$1,940,292
Net assets with donor restrictions
$25,000
Gross receipts
$2,612,824
Employees
7
Volunteers
6
Year formed
2007
State of legal domicile
CA

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.

NameTitleHours / weekCompensationOther / benefits
DAVID GRUBERCO-DIRECTOR
Trustee or director, Officer
40$250,000$38,350
CAJETAN PEREIRACO-DIRECTOR
Trustee or director, Officer
40$250,000$34,610
GABRIEL HANZEL-SELLOPROGRAM MANAGER
Highest-paid employee
40$124,000$8,680
MICHAEL BERNICKBOARD CHAIR
Trustee or director, Officer
2$0$0
BRUNO PEGUESETREASURER
Trustee or director, Officer
2$0$0
MARTHA AMRAMSECRETARY
Trustee or director, Officer
2$0$0
TRACEY C GROSEBOARD MEMBER
Trustee or director
2$0$0
JESSE MARTINEZBOARD MEMBER
Trustee or director
2$0$0
SHULAMIT KAHNBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
DAVID GRUBERCO-DIRECTOR
Trustee or director, Officer
40$225,000$25,362
CAJETAN PEREIRACO-DIRECTOR
Trustee or director, Officer
40$225,000$21,107
GABRIEL HANZEL-SELLOPROGRAM MANAGER
Highest-paid employee
40$124,000$2,170
MICHAEL BERNICKBOARD CHAIR
Trustee or director, Officer
2$0$0
BRUNO PEGUESETREASURER
Trustee or director, Officer
2$0$0
MARTHA AMRAMSECRETARY
Trustee or director, Officer
2$0$0
TRACEY C GROSEBOARD MEMBER
Trustee or director
2$0$0
JESSE MARTINEZBOARD MEMBER
Trustee or director
2$0$0
SHULAMIT KAHNBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
2625 POLK ST APT 4, SAN FRANCISCO, CA 94109-1526
In care of
% WAYNE TRUMBULL
Principal officer (990 for 2024)
DAVID GRUBER, 2625 POLK STREET 4, SAN FRANCISCO, CA 94109
Signed the 990
CAJETAN PEREIRA, CO-DIRECTOR
Phone
(415) 902-6951
Return prepared by
BAKER TILLY ADVISORY GROUP LP

California records

California keeps its own records of charities and corporations. Search them by EIN 26-0376769 or by the name GROWTH SECTOR COMPANY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO CREATE REGIONAL AND STATEWIDE WORKFORCE INITIATIVES LEADING DISADVANTAGED YOUTH AND ADULTS TO HIGH WAGE, HIGH GROWTH JOBS.

990 for the year ended December 31, 2024

Program accomplishments

  • GROWTH SECTOR WORKS WITH MORE THAN 30 COMMUNITY COLLEGES AND UNIVERSITIES AROUND THE COUNTRY, AS WELL AS MAJOR EMPLOYERS, TO DEVELOP PATHWAYS TO DEGREES AND CAREERS IN ENGINEERING AND COMPUTER SCIENCE. RECOGNIZING THE FINANCIAL, ACADEMIC, AND SOCIAL CHALLENGES FACING MANY COMMUNITY COLLEGE STUDENTS SEEKING TO PURSUE A B.S. DEGREE GROWTH SECTOR IS PILOTING MULTI-YEAR, YEAR-ROUND STEM DEGREE PATHWAYS INTEGRATING ACADEMIC LEARNING WITH PAID RESEARCH AND WORK EXPERIENCE. WE ANTICIPATE SOME OF THESE PATHWAYS WILL TAKE THE FORM OF FORMAL ENGINEERING APPRENTICESHIPS DEVELOPED IN PARTNERSHIP WITH EMPLOYERS AND LEADING TO HIGH PAYING CAREERS. TO DATE GROWTH SECTOR HAS SERVED OVER 3,000 STUDENTS, INCLUDING 800 PLACED INTO PAID INTERNSHIPS, RESEARCH OPPORTUNITIES, AND LEARNING PROGRAMS.
    Expenses $2,246,053 · grants $345,368

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0376769
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
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J20)
Assets (IRS master file)
$2,002,359
Income (IRS master file)
$2,612,824

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,612,824$2,985,464$2,002,359XML
990December 2023$2,743,912$2,770,900$3,203,714XML
990December 2022$3,304,738$2,158,399$3,308,709IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 26-0376769).

Questions about GROWTH SECTOR COMPANY

What is the EIN of GROWTH SECTOR COMPANY?
The employer identification number (EIN) of GROWTH SECTOR COMPANY is 26-0376769.
Is GROWTH SECTOR COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to GROWTH SECTOR COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROWTH SECTOR COMPANY 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 GROWTH SECTOR COMPANY 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 GROWTH SECTOR COMPANY 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 GROWTH SECTOR COMPANY?
The 990 for the year ended December 31, 2024 names DAVID GRUBER.
Who are the officers and directors of GROWTH SECTOR COMPANY?
The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $250,000 (DAVID GRUBER, CO-DIRECTOR).
How much revenue does GROWTH SECTOR COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,612,824, expenses of $2,985,464 and total assets of $2,002,359 at year end.

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