Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2004.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990; $564K paid to officers and key staff.
Sharon Vosmek’s $202K as CEO is at the 67th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Sharon Vosmek | $202,000 | — | — | — | — |
| Sharon Vosmek | — | $145,912 | $146,598 | $161,996 | $46,562 |
| Victoria Pettibone | $160,000 | $130,000 | $130,000 | $143,276 | — |
| Omar Ali | $150,000 | $89,965 | $94,195 | $120,192 | — |
| Evie James | — | — | — | $138,750 | — |
| Yashwant Chunduru | $115,000 | — | — | — | — |
| Chandra Roxanne | — | $100,754 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Invests in women-led startups by providing access to capital, networking opportunities, and research on the value of diverse entrepreneurial teams.
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Astia Investments
Astia investments is a program that includes a family of investment vehicles that invest in select companies that apply to astia and that have successfully progressed through the astia expert sift process. Similar to the astia access program, astia investments are managed via the astia connect software platform.
Astia Access
The astia access program provides entrepreneurs with direct access to expertise and capital--the foundational components of success for high-growth entrepreneurship. Astia advisors provide direct feedback via the expert sift screening process as well as customized advice in one-on-one sessions.
Astia Research & Analysis
The astia research & analysis program provides thought leadership for the market, including keynotes, research, and published perspectives on the value of investing in inclusive teams. The source of much of the data used for this program is gathered via the astia connect software platform.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $74K | $595K |
| InvestmentsLn 11–13 | $230K | $230K |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $353K | $931K |
| LiabilitiesLn 26 | $295K | $203K |
| Net assetsLn 32 | $58K | $729K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $425K | $343K | $41K | $42K |
| Other salaries and wagesLn 7 | $207K | $167K | $18K | $22K |
| Pension plan contributionsLn 8 | $4K | $3K | $248 | $437 |
| Other employee benefitsLn 9 | $9K | $8K | $618 | $1K |
| Payroll taxesLn 10 | $53K | $43K | $4K | $6K |
| Legal feesLn 11b | −$107K | −$46K | −$46K | −$15K |
| Accounting feesLn 11c | $61K | $26K | $26K | $8K |
| Other fees for servicesLn 11g | $35K | $15K | $15K | $5K |
| Advertising and promotionLn 12 | $72K | $31K | $31K | $10K |
| Office expensesLn 13 | $7K | $5K | $2K | $185 |
| Information technologyLn 14 | $41K | $27K | $2K | $12K |
| Other expenses (24a–d)Ln 24 | $24K | $8K | $12K | $4K |
| Total functional expensesLn 25 | $830K | $630K | $105K | $95K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.4M | $1.2M | $153K | $798K | 990 PDF |
| FY2023 | $1.1M | $1.1M | −$44K | $647K | 990 PDF |
| FY2022 | $1.2M | $1.4M | −$181K | $551K | 990 PDF |
| FY2021 Viewing | $1.6M | $830K | $756K | $729K | 990 PDF |
| FY2020 | $460K | $623K | −$163K | $58K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,586,333 across 8 lines filed
Part IX · Statement of functional expenses $830,476 across 12 lines filed
Part X · Balance sheet $931,448 assets, 15 lines filed
Part XI · Reconciliation of net assets $728,705 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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