POINT FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- POINT FOUNDATION (EIN 84-1582086)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-01-12
- IRS object ID
- 202330129349301518
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-01-12T00:00:00-06:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 951777440 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN HASSON & JANKS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 SOUTH FLOWER STREET SUITE 3300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841582086 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POINT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POIN | BusinessNameControlTxt |
| Phone | 8338876462 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 WILSHIRE BOULEVARD A PMB 890 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORGE VALENCIA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR & CEO | PersonTitleTxt |
| Phone | 8338876462 | PhoneNum |
| Signature | 2022-12-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JORGE | PersonFirstNm |
| Person Last | VALENCIA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LIZBETH G NEVAREZ | PreparerPersonNm |
| PTIN | P01399868 | PTIN |
| Phone | 3108731600 | PhoneNum |
| Preparation | 2022-12-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JORGE VALENCIA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 WILSHIRE BOULEVARD A PMB 890 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,798,289 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.POINTFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | TO GRANT SCHOLARSHIPS TO LESBIAN, GAY, BISEXUAL AND TRANSGENDER (LGBT) STUDENTS OF MERIT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 24 | TotalEmployeeCnt |
| Total Volunteers | 310 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,644,333 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,859,451 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $228,805 | PYInvestmentIncomeAmt |
| CY Investment Income | $357,756 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$137,569 | PYOtherRevenueAmt |
| CY Other Revenue | -$237,964 | CYOtherRevenueAmt |
| PY Total Revenue | $8,735,569 | PYTotalRevenueAmt |
| CY Total Revenue | $5,979,243 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $894,178 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,273,446 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,012,502 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,504,123 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $72,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $72,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $534,753 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,335,693 | PYOtherExpensesAmt |
| CY Other Expenses | $1,024,117 | CYOtherExpensesAmt |
| PY Total Expenses | $4,314,373 | PYTotalExpensesAmt |
| CY Total Expenses | $4,873,686 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,421,196 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,105,557 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,285,214 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,200,510 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $382,591 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $499,909 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,902,623 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,700,601 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | POINT FOUNDATION EMPOWERS PROMISING LGBTQ STUDENTS TO ACHIEVE THEIR FULL ACADEMIC AND LEADERSHIP POTENTIAL - DESPITE THE OBSTACLES OFTEN PUT BEFORE THEM - TO MAKE A SIGNIFICANT IMPACT ON SOCIETY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,301,467 | ExpenseAmt |
| Grant | $1,105,641 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIP & SCHOLAR SUPPORT: AS OF JUNE 2022, POINT FOUNDATION (POINT) HAS AWARDED OR WILL AWARD 1481 SCHOLARSHIPS AND HAS INVESTED MORE THAN $47 MILLION IN OUR LGBTQ SCHOLARS. POINT FOUNDATION CURRENTLY AWARDS FOUR TYPES OF SCHOLARSHIPS: OUR TRADITIONAL FLAGSHIP SCHOLARSHIP FOR STUDENTS PURSUING BACHELOR'S, GRADUATE, OR PROFESSIONAL DEGREES, COMMUNITY COLLEGE SCHOLARSHIPS, BIPOC SCHOLARSHIPS (SPECIFICALLY FOR BLACK, INDIGENOUS AND PEOPLE OF COLOR) AND OPPORTUNITY GRANTS. ALL SCHOLARSHIP PROGRAMS PROVIDE FINANCIAL ASSISTANCE. IN ADDITION, THE FLAGSHIP, COMMUNITY COLLEGE, AND BIPOC SCHOLARSHIPS INCLUDE PROGRAMMING DESIGNED TO SUPPORT STUDENT SUCCESS BY PROVIDING A COMMUNITY OF LGBTQ STUDENTS AND ALUMNI, A MENTOR OR COACH, AND COMPREHENSIVE LEADERSHIP TRAINING. BY ENSURING THESE LGBTQ STUDENTS HAVE THE FINANCIAL RESOURCES, COMMUNITY, AND GUIDANCE TO SUCCEED IN HIGHER EDUCATION, POINT FOUNDATION IS BUILDING A GENERATION OF LEADERS COMMITTED TO BOTH PERSONAL ACHIEVEMENT AND INCREASING ACCEPTANCE AND UNDERSTANDING ACROSS SOCIETY.DURING THE 2021-2022 ACADEMIC YEAR, POINT FOUNDATION SUPPORTED 403 STUDENTS INCLUDING 59 POINT FLAGSHIP SCHOLARS, 58 COMMUNITY COLLEGE SCHOLARSHIP RECIPIENTS, 236 BIPOC SCHOLARS AND 102 OPPORTUNITY GRANT RECIPIENTS. AS A CHAMPION FOR EQUAL ACCESS TO HIGHER EDUCATION, POINT FOUNDATION IS PROUD THAT MANY POINT SCHOLARS ARE FROM GROUPS TRADITIONALLY UNDERREPRESENTED ON COLLEGE CAMPUSES. OF THE 403 POINT SCHOLARS: 84% IDENTIFY AS A RACIAL OR ETHNIC GROUP OTHER THAN WHITE; 24% IDENTIFY AS TRANSGENDER OR NON-BINARY; AND 55% ARE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE.RESEARCH FROM THE NATIONAL MENTORING RESEARCH CENTER PROVIDES EVIDENCE THAT AFFIRMING MENTORING RELATIONSHIPS PROMOTE POSITIVE EDUCATIONAL OUTCOMES FOR LGBTQ YOUTH. POINT'S COMMITMENT TO OFFERING OUR SCHOLARS ACCESS TO MENTORING AND COACHING STARTS WITH PROVIDING FACILITATED TRAINING ON BEST PRACTICES IN LGBTQ MENTORING AND COACHING AT THE BEGINNING OF THE YEAR AND YEAR-END TRAININGS ABOUT DEEPENING THE MENTORING RELATIONSHIP WITH CONTINUING SCHOLARS OR SHIFTING TO AN INFORMAL MENTORING RELATIONSHIP WITH GRADUATING SCHOLARS.ALL 59 FLAGSHIP SCHOLARS WERE MATCHED WITH INDIVIDUAL MENTORS IN RELEVANT ACADEMIC OR PROFESSIONAL FIELDS. IN AGGREGATE, MENTORS AND SCHOLARS MET AN ESTIMATED 700 TIMES. ALL 58 COMMUNITY COLLEGE SCHOLARS WERE MATCHED WITH INDIVIDUAL COACHES TO SUPPORT THEIR ACADEMIC PROGRESS, PROFESSIONAL DEVELOPMENT, AND TRANSFER APPLICATIONS (AS APPROPRIATE). IN AGGREGATE, 232 COACHING SESSIONS TOOK PLACE IN 2021-22. THROUGH AN EXCLUSIVE ONLINE PORTAL, POINT PROVIDES ITS BIPOC SCHOLARS AND OPPORTUNITY GRANT RECIPIENTS WITH YEAR-ROUND ACCESS TO A GROUP OF LGBTQ PROFESSIONALS AND ALLIES WHO SHARE THEIR INSIGHTS, TIPS FOR SUCCESS, AND ANSWER QUESTIONS. BIPOC SCHOLARS ALSO BENEFITTED FROM TWO EXPERT COACHING PANEL DISCUSSIONS FOCUSED ON THE INTERSECTIONAL EXPERIENCES OF LGBTQ BIPOC STUDENTS. ONE SESSION OFFERED STRATEGIES FOR NAVIGATING ACADEMIC SPACES AND THE SECOND PROVIDED RESOURCES FOR MENTAL HEALTH AND WELLNESS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,198,755 | ExpenseAmt |
| Grant | $167,805 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | LEADERSHIP DEVELOPMENT: WHILE POINT CONTINUED TO UTILIZE ZOOM TO PRESENT MOST PROGRAMMING IN 2021-2022, THIS YEAR WE WERE ABLE TO HOST THE NATIONAL LEADERSHIP CONFERENCE IN PERSON. 64 FLAGSHIP SCHOLARS JOINED POINT ALUMNI, BOARD MEMBERS, AND STAFF IN LOS ANGELES FOR THE TWO-DAY NLC THEMED "BUILDING COMMUNITY, RISING TOGETHER." FACILITATED SESSIONS INCLUDED GROUP ACTIVITIES CLARIFYING SCHOLARS' INDIVIDUAL LEADERSHIP VALUES; HOLISTIC SELF-EXPLORATION OF HEALTH AND WELL-BEING THROUGH STRUCTURED REFLECTION ON WELLNESS IN FIVE DIFFERENT DOMAINS; RETHINKING EXPERIENCES OF IMPOSTER SYNDROME AND GENERATING HEALTHY RESPONSES AND SOLUTIONS; AND A QUEER CAREER ROUNDTABLE SESSION ALLOWING SCHOLARS TO LEARN FIRST-HAND FROM THE EXPERIENCES OF POINT ALUMNI IN THE FIELDS OF LAW AND POLICY, MEDICINE AND HEALTH SCIENCES, MEDIA AND COMMUNICATION, TECHNOLOGY AND BUSINESS, AND ACADEMIA.ALONG WITH VIRTUAL OR IN-PERSON ORIENTATIONS, ONE-ON-ONE STAFF CHECK-IN MEETINGS WITH ALL CURRENT SCHOLARS, OTHER LEADERSHIP PROGRAMMING INCLUDED THE COMMUNITY COLLEGE CONFERENCE WHERE 33 COMMUNITY COLLEGE SCHOLARS CONVENED VIRTUALLY WITH SEASONED EXPERTS THAT SHARED CRITICAL SKILLS TO HELP STUDENTS TRANSFER TO A FOUR-YEAR UNIVERSITY AND NAVIGATE THE JOB MARKET. SESSIONS INCLUDED TRANSFER 101, UNDERSTANDING FINANCIAL AID, PERSONAL STATEMENT WRITING, EFFECTIVE INTERVIEWING, AND RESUME WRITING 101. ADDITIONAL PROGRAMMING FEATURED A SCHOLAR BOOK CLUB FOR THOSE INTERESTED IN DISCUSSING LGBTQ BOOKS; AN ALUMNI HAPPY HOUR IN LOS ANGELES FOR POINT ALUMNI TO RECONNECT WITH EACH OTHER; AND A VIRTUAL "COLLEGE READY" WORKSHOP FOR COLLEGE-BOUND LGBTQ HIGH SCHOOL STUDENTS.THIS YEAR AND EVERY YEAR OUR PRIORITY IS SERVING OUR STUDENTS, ENABLING THEM TO FULFILL THEIR ACADEMIC GOALS AND, RECOGNIZING THAT LGBTQ PEOPLE ARE UNDERREPRESENTED IN LEADERSHIP ROLES IN ALMOST EVERY INDUSTRY, BECOME THE LEADERS OF TOMORROW. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $435,524 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLAR SELECTIONS:THE FLAGSHIP SCHOLARSHIP APPLICATION OPENED NOVEMBER 1, 2021, AND CLOSED JANUARY 24, 2022. WE RECEIVED 1,668 APPLICATIONS. OF THESE, 731 ADVANCED TO THE SEMIFINAL ROUND AND WERE ASKED TO SUBMIT ADDITIONAL MATERIALS. 83 SEMIFINALISTS WERE INVITED TO INTERVIEW, AND 54 CANDIDATES ADVANCED TO THE FINAL ROUND. FINALISTS SUBMITTED TWO RECORDED PRESENTATIONS ABOUT THEIR ACADEMIC INTERESTS, LEADERSHIP, AND SERVICE. ULTIMATELY, 42 CANDIDATES WERE SELECTED AS POINT SCHOLARS (26 UNDERGRADUATE AND 16 GRADUATE/PROFESSIONAL). THE COMMUNITY COLLEGE SCHOLARSHIP APPLICATION OPENED MARCH 1, 2022, AND CLOSED MAY 9, 2022. WE RECEIVED 181 APPLICATIONS. OF THESE, 118 ADVANCED TO THE FINAL ROUND. FINALISTS SUBMITTED A RECORDED PRESENTATION OF THEIR PASSIONS AND ACADEMIC AND PROFESSIONAL GOALS. ULTIMATELY, 80 CANDIDATES WERE SELECTED AS COMMUNITY COLLEGE SCHOLARS.WE RUN TWO SELECTION CYCLES PER YEAR FOR THE BIPOC SCHOLARSHIP. THE FIRST CYCLE OPENED OCTOBER 1, 2021, AND CLOSED NOVEMBER 10, 2021. WE RECEIVED 332 APPLICATIONS. OF THESE, 96 ADVANCED TO THE FINAL ROUND. FINALISTS SUBMITTED A RECORDED PRESENTATION OF THEIR PASSIONS AND ACADEMIC AND PROFESSIONAL GOALS. ULTIMATELY, 81 CANDIDATES WERE SELECTED AS BIPOC SCHOLARS.THE SECOND CYCLE OPENED APRIL 1, 2022, AND CLOSED MAY 11, 2022. WE RECEIVED 500 APPLICATIONS. BASED ON EVALUATION OF PAST CYCLES, WE DECIDED TO PILOT A SIMPLIFIED VERSION OF THE PROCESS, INCORPORATING A BIOGRAPHICAL ESSAY INTO THE APPLICATION AND ELIMINATING THE FINALIST PRESENTATION. RECIPIENTS WERE SELECTED BASED ON APPLICATION RATINGS. ULTIMATELY, 106 CANDIDATES WERE SELECTED AS BIPOC SCHOLARS.OPPORTUNITY GRANT RECIPIENTS DO NOT APPLY; INSTEAD, WE SELECT HIGHLY RATED FLAGSHIP AND COMMUNITY COLLEGE APPLICANTS THAT ADVANCED TO THE SEMIFINALIST AND FINALIST ROUNDS BUT DID NOT RECEIVE ONE OF THOSE SCHOLARSHIPS. WE AWARDED 118 OPPORTUNITY GRANTS IN TOTAL: 38 FROM THE COMMUNITY COLLEGE APPLICANT POOL AND 80 FROM THE FLAGSHIP POOL. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,935,746 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 24 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT ARNESON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3239331234 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 WILSHIRE BLVD SUITE A PMB 890 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ALAN GUNO | ||||||||
| CHAIR EMERITUS | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PETER LICHTENTHAL | ||||||||
| CO-CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JEN WOHLNER | ||||||||
| CO-CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BRIAN DENT | ||||||||
| CO-VICE CHAIR & TREASURER | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CELINA GERBIC | ||||||||
| SECRETARY | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JAMES WILLIAMS | ||||||||
| CHAIR EMERITUS (UNTIL JULY 2021) | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| AARON LEIFER | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEXIA KORBERG | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY YU | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| BEN HARMAN | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| BEN KOZUB | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| BRITTANY ELLENBERG | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER NIZER | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| DIANA GRESHTCHUK | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| EDDIE SANTOS | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| GLENN EVANS | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JAKE ROSTOVSKY MA LMFT | ||||||||
| BOARD MEMBER (ON LEAVE) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNA GAMBARO | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JERRY ROJAS | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM HOLMES | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM PATTON | ||||||||
| BOARD MEMBER (UNTIL JULY 2021) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY HORTON | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN THAXTON | ||||||||
| BOARD MEMBER (UNTIL JULY 2021) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIO ACOSTA-VELEZ | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| MARNIE MERRIAM | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| MATT BARBEY | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHELLE ADAMS | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| NATHAN FRIEDMAN | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL TESTA | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| SARAH MADEY | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| SEAN ROURKE | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| SETH PERSILY | ||||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| STACEY SMITHERS | ||||||||
| BOARD MEMBER (ON LEAVE) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JORGE VALENCIA | ||||||||
| EXECUTIVE DIRECTOR & CEO | 70.00 | Yes (X) | $331,658 | $0 | $15,857 | |||
| SCOTT ARNESON | ||||||||
| CFO | 50.00 | Yes (X) | $177,916 | $0 | $584 | |||
| EDWARD T FARLEY | ||||||||
| DEPUTY EXECUTIVE DIRECTOR | 50.00 | Yes (X) | $176,748 | $0 | $8,192 | |||
| EDWIN PELTO | ||||||||
| CHIEF DEVELOPMENT OFFICER | 50.00 | $222,440 | $0 | $12,278 | Yes (X) | |||
| HECTOR D GARZA | ||||||||
| DEV DIR, ENGAGEMENT & ADVANCEMENT | 40.00 | $128,045 | $0 | $9,020 | Yes (X) | |||
| ADAM D CROWLEY | ||||||||
| DEV DIR., INDIVIDUAL GIVING | 40.00 | $126,637 | $0 | $8,631 | Yes (X) | |||
| DARRIN J WILSTED | ||||||||
| SENIOR PROGRAM DIRECTOR | 40.00 | $106,179 | $0 | $13,375 | Yes (X) | |||
| SUSAN L FERRIS | ||||||||
| HUMAN RESOURCES & FINANCE DIRECTOR | 40.00 | $100,303 | $0 | $12,278 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,369,926 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $80,215 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUTMAN MASKA NEILL & CO | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 RHODE ISLAND AVE NW STE 301 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | DIRECT MAIL AND OTHER SERVICES | ServicesDesc |
| Compensation | $131,243 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $239,079 | FundraisingAmt |
| All Other Contributions | $5,620,372 | AllOtherContributionsAmt |
| Noncash Contributions | $112,890 | NoncashContributionsAmt |
| Total Contributions | $5,859,451 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $375,289 | TotalRevenueColumnAmt |
| Exclusion | $375,289 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,480,094 | SecuritiesAmt |
| Other | $800 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,497,966 | SecuritiesAmt |
| Other | $461 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$17,872 | SecuritiesAmt |
| Other | $339 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$17,533 | TotalRevenueColumnAmt |
| Exclusion | -$17,533 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $79,560 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $239,079 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $320,619 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$241,059 | TotalRevenueColumnAmt |
| Exclusion | -$241,059 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,095 | TotalRevenueColumnAmt |
| Exclusion | $3,095 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,095 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,979,243 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $119,792 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,273,446 | TotalAmt |
| Program Services | $1,273,446 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $988,150 | TotalAmt |
| Program Services | $713,619 | ProgramServicesAmt |
| Management And General | $119,020 | ManagementAndGeneralAmt |
| Fundraising | $155,511 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,192,769 | TotalAmt |
| Program Services | $861,390 | ProgramServicesAmt |
| Management And General | $143,667 | ManagementAndGeneralAmt |
| Fundraising | $187,712 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,335 | TotalAmt |
| Program Services | $121,567 | ProgramServicesAmt |
| Management And General | $20,276 | ManagementAndGeneralAmt |
| Fundraising | $26,492 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,869 | TotalAmt |
| Program Services | $111,842 | ProgramServicesAmt |
| Management And General | $18,654 | ManagementAndGeneralAmt |
| Fundraising | $24,373 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,072 | TotalAmt |
| Management And General | $2,072 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,350 | TotalAmt |
| Management And General | $38,350 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,000 | TotalAmt |
| Fundraising | $72,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,927 | TotalAmt |
| Management And General | $16,927 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,372 | TotalAmt |
| Program Services | $84,635 | ProgramServicesAmt |
| Fundraising | $19,737 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,278 | TotalAmt |
| Program Services | $110,322 | ProgramServicesAmt |
| Management And General | $13,781 | ManagementAndGeneralAmt |
| Fundraising | $20,175 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,178 | TotalAmt |
| Program Services | $67,792 | ProgramServicesAmt |
| Management And General | $6,199 | ManagementAndGeneralAmt |
| Fundraising | $2,187 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,307 | TotalAmt |
| Program Services | $14,458 | ProgramServicesAmt |
| Management And General | $1,804 | ManagementAndGeneralAmt |
| Fundraising | $1,045 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,209 | TotalAmt |
| Program Services | $8,901 | ProgramServicesAmt |
| Management And General | $786 | ManagementAndGeneralAmt |
| Fundraising | $1,522 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,085 | TotalAmt |
| Program Services | $65,567 | ProgramServicesAmt |
| Management And General | $2,528 | ManagementAndGeneralAmt |
| Fundraising | $7,990 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,740 | TotalAmt |
| Program Services | $16,490 | ProgramServicesAmt |
| Management And General | $2,058 | ManagementAndGeneralAmt |
| Fundraising | $1,192 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,920 | TotalAmt |
| Program Services | $49,220 | ProgramServicesAmt |
| Management And General | $6,141 | ManagementAndGeneralAmt |
| Fundraising | $3,559 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DIRECT MAILING COSTS | $222,433 | $218,167 | $4,266 | $0 |
| PUBLIC AWARENESS/PROMO. | $213,758 | $200,535 | $4,134 | $9,089 |
| EVENTS EXPENSE | $20,649 | $17,795 | $685 | $2,169 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,839 | TotalAmt |
| Management And General | $1,839 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,873,686 | TotalAmt |
| Program Services | $3,935,746 | ProgramServicesAmt |
| Management And General | $403,187 | ManagementAndGeneralAmt |
| Fundraising | $534,753 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,656 | BOYAmt |
| EOY | $455,975 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,625,863 | BOYAmt |
| EOY | $1,944,571 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,049,084 | BOYAmt |
| EOY | $1,470,643 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,736 | BOYAmt |
| EOY | $55,324 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $92,217 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,982 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,292 | BOYAmt |
| EOY | $58,235 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,871,723 | BOYAmt |
| EOY | $11,195,566 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,860 | BOYAmt |
| EOY | $20,196 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,285,214 | BOYAmt |
| EOY | $15,200,510 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $382,591 | BOYAmt |
| EOY | $499,909 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $382,591 | BOYAmt |
| EOY | $499,909 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,952,613 | BOYAmt |
| EOY | $5,970,922 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,950,010 | BOYAmt |
| EOY | $8,729,679 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,902,623 | BOYAmt |
| EOY | $14,700,601 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,285,214 | BOYAmt |
| EOY | $15,200,510 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,105,557 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,255,307 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$52,272 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,576,268 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,590,366 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,323,699 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,644,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,859,451 | CurrentTaxYearAmt |
| Total | $25,994,117 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,576,268 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,590,366 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,323,699 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,644,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,859,451 | CurrentTaxYearAmt |
| Total | $25,994,117 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,413,391 | SubstantialContributorsTotAmt |
| Public Support Total170 | $24,580,726 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $271,782 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $324,220 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $315,610 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $224,226 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $375,289 | CurrentTaxYearAmt |
| Total | $1,511,127 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $3,095 | CurrentTaxYearAmt |
| Total | $3,095 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $27,508,339 | TotalSupportAmt |
| Public Support CY170 | 0.89360 | PublicSupportCY170Pct |
| Public Support PY170 | 0.85260 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,156,940 | BeginningYearBalanceAmt |
| Contributions | $8,738 | ContributionsAmt |
| Investment Earnings Or Losses | -$571,810 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $100,000 | OtherExpendituresAmt |
| End Year Balance | $4,493,868 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,549,893 | BeginningYearBalanceAmt |
| Contributions | $984,897 | ContributionsAmt |
| Investment Earnings Or Losses | $672,150 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $50,000 | OtherExpendituresAmt |
| End Year Balance | $5,156,940 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,549,267 | BeginningYearBalanceAmt |
| Contributions | $1,727 | ContributionsAmt |
| Investment Earnings Or Losses | $83,899 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $85,000 | OtherExpendituresAmt |
| End Year Balance | $3,549,893 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,334,510 | BeginningYearBalanceAmt |
| Contributions | $6,911 | ContributionsAmt |
| Investment Earnings Or Losses | $189,211 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $103,433 | OtherExpendituresAmt |
| Administrative Expenses | $2,877,932 | AdministrativeExpensesAmt |
| End Year Balance | $3,549,267 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,256,043 | BeginningYearBalanceAmt |
| Contributions | $9,602 | ContributionsAmt |
| Investment Earnings Or Losses | $394,524 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $325,659 | OtherExpendituresAmt |
| End Year Balance | $6,334,510 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.75640 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.24360 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $92,217 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,982 | DepreciationAmt |
| Book Value | $58,235 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $58,235 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,692,253 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,255,307 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $37,516 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$52,272 | OtherRevenueAmt |
| Revenue Not Reported | -$1,270,063 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,962,316 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $16,927 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $16,927 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,979,243 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,894,275 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $37,516 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $37,516 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,856,759 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $16,927 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $16,927 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,873,686 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE PRIMARY LONG-TERM FINANCIAL OBJECTIVE FOR POINT'S ENDOWMENT IS TO PRESERVE THE REAL (INFLATION-ADJUSTED) PURCHASING POWER OF ENDOWMENT ASSETS. BOARD-DESIGNATED FUNDS HAVE BEEN ESTABLISHED FOR: (1) A SCHOLARSHIP FUND WHOSE INCOME WILL BE USED TO ESTABLISH A RESERVE FOR FUNDING FUTURE SCHOLARSHIPS OR POSSIBLE MID-YEAR INCREASES IN SCHOLARSHIP AWARDS, AND (2) AN ADMINISTRATIVE RESERVE USED FOR COVERING POSSIBLE UNAVOIDABLE OPERATING DEFICITS. THE BOARD OF DIRECTORS (AFTER CONSIDERATION OF A RECOMMENDATION OF POINT'S FINANCE COMMITTEE) WILL GENERALLY CONSIDER A TARGET SPENDING POLICY EQUAL TO APPROXIMATELY 5% OF THE ENDOWMENT'S AVERAGE THREE-YEAR PORTFOLIO VALUE. DISTRIBUTIONS FROM THE ENDOWMENT ARE MADE AT THE DISCRETION OF POINT'S BOARD OF DIRECTORS, INCLUDING DECISIONS TO MAKE NO DISTRIBUTIONS FROM THE ENDOWMENT, IF APPROPRIATE. |
| PART X, LINE 2: | POINT RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED JUNE 30, 2022, POINT PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT -52,272. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUTMAN MASKA NEILL & CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 RHODE ISLAND AVE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | DIRECT MAIL CAMPAIGN | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $637,949 | GrossReceiptsAmt |
| Retained By Contractor | $72,000 | RetainedByContractorAmt |
| Net To Organization | $565,949 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $637,949 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $72,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $565,949 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | LA POINT HONORS | Event1Nm |
| Gross Receipts Event1 | $279,513 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $199,953 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $79,560 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $58,282 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $108,948 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $89,667 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $58,253 | OtherDirectExpensesEvent1Amt |
| Event2 | DC TASTE OF POINT | Event2Nm |
| Gross Receipts Event2 | $33,657 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $33,657 | CharitableContriEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $5,469 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $5,469 | CharitableContriOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,469 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $318,639 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $239,079 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $79,560 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $58,282 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $108,948 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $89,667 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $63,722 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $320,619 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$241,059 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP/STIPEND | GrantTypeTxt |
| Recipient | 409 | RecipientCnt |
| Cash Grant | $1,273,446 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | SHARED COST OF UNDIVIDED BILL | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | APPLICANTS MUST COMPLETE AN ONLINE APPLICATION BY THE ANNOUNCED DEADLINE. THE APPLICATION INCLUDES SECTIONS FOR GENERAL, FAMILY AND CITIZENSHIP INFORMATION, ACADEMIC RECORD AND STANDARDIZED TEST SCORES, LEADERSHIP EXPERIENCE, LGBT COMMUNITY EXPERIENCE, FINANCIAL NEED, AND ESSAYS. EACH APPLICATION IS READ AND SCORED BY 2 TO 3 POINT FOUNDATION DIRECTORS, STAFF AND/OR PRE-QUALIFIED/APPROVED VOLUNTEERS. SCORES ARE BASED UPON RUBRICS DEVELOPED FOR THAT PURPOSE, AND READERS ARE TRAINED IN THEIR USE. THE APPLICANT POOL IS NARROWED DOWN TO A GROUP OF SEMI-FINALISTS WHO ARE ASKED TO SUBMIT ADDITIONAL SUPPLEMENTAL MATERIAL, INCLUDING LETTERS OF RECOMMENDATION AND OFFICIAL SCHOOL TRANSCRIPTS. THE PRE-SELECTIONS COMMITTEE MEETS TO REVIEW THE STRONGEST SEMI-FINALISTS AND RANK THE APPLICANTS. CANDIDATES SELECTED FOR FURTHER REVIEW ARE INTERVIEWED BY TELEPHONE, FROM WHICH PROCESS A POOL OF FINALISTS IS SELECTED. FINALISTS ARE INTERVIEWED IN PERSON BY PANELS OF POINT DIRECTORS, TRUSTEES, VOLUNTEERS AND STAFF. ALL SCHOLARSHIP RECIPIENTS MUST SHOW PROOF OF ENROLLMENT IN AN ACCREDITED U.S. COLLEGE OR UNIVERSITY. TUITION AND CAMPUS HOUSING PAYMENTS ARE SENT DIRECTLY TO THE SCHOOL UPON SUBMISSION OF A TUITION INVOICE. A COPY OF THE LEASE MUST BE SUBMITTED BEFORE ANY OFF-CAMPUS RENT PAYMENTS ARE PROCESSED. RECEIPTS AND A CHECK REQUEST ARE REQUIRED FOR OTHER SCHOLARSHIP REIMBURSEMENTS, WHICH ARE REVIEWED AND APPROVED BEFORE REIMBURSEMENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JORGE VALENCIA | ||||||||||||||
| EXECUTIVE DIRECTOR & CEO | $273,058 | $0 | $58,600 | $0 | $0 | $0 | $0 | $0 | $15,857 | $0 | $347,515 | $0 | $0 | $0 |
| EDWIN PELTO | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $203,000 | $0 | $19,440 | $0 | $0 | $0 | $0 | $0 | $12,278 | $0 | $234,718 | $0 | $0 | $0 |
| EDWARD T FARLEY | ||||||||||||||
| DEPUTY EXECUTIVE DIRECTOR | $160,893 | $0 | $15,855 | $0 | $0 | $0 | $0 | $0 | $8,192 | $0 | $184,940 | $0 | $0 | $0 |
| SCOTT ARNESON | ||||||||||||||
| CFO | $162,169 | $0 | $15,747 | $0 | $0 | $0 | $0 | $0 | $584 | $0 | $178,500 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | STAFF BONUSES ARE DETERMINED ON PERFORMANCE EVALUATION AND COMPLETION OF STRATEGIC PLAN OBJECTIVES. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $112,890 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | NONCASH CONTRIBUTIONS ARE LISTED BY TOTAL NUMBER OF CONTRIBUTORS. |
| PART I, LINE 32B: | OUR INVESTMENT BROKER HAS A STANDING ORDER TO SELL ALL STOCK GIFTS RECEIVED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THIS QUESTION IS NOT APPLICABLE SINCE THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FIRST DRAFT OF THE FORM 990 IS REVIEWED BY THE CFO. THE 990 IS THEN FORWARDED TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE REVIEWS THE 990 AND SUPPORTING DOCUMENTS AND DISCUSSES THE 990 AND ANNUAL AUDIT WITH THE INDEPENDENT AUDITORS. THE AUDIT COMMITTEE SUBMITS THE 990 AND THE ANNUAL AUDITED FINANCIAL STATEMENTS TO THE BOARD OF DIRECTORS (BOD) WITH A RECOMMENDATION OF ACCEPTING THE FORM 990 OR NOT. AFTER DISCUSSION AT A BOD MEETING, THE BOD VOTES TO ACCEPT OR REJECT THE 990. ONCE ACCEPTED, THE FINAL VERSION OF THE 990 IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE BEGINNING OF EACH FISCAL YEAR, DIRECTORS, TRUSTEES AND EMPLOYEES READ AND SIGN-OFF ON POINT'S CONFLICT OF INTEREST POLICY, STATING THAT THEY WILL AVOID ACTIVITIES OR OUTSIDE INTERESTS THAT CONFLICT WITH THE BEST INTERESTS OF POINT FOUNDATION. THE POLICY ALSO REQUIRES THAT THEY FILE A CONFLICT OF INTEREST STATEMENT WITH THE EXECUTIVE DIRECTOR & CEO OF POINT EACH YEAR DISCLOSING ANY ANTICIPATED OR POSSIBLE CONFLICT SITUATIONS PRIOR TO ANY DISCUSSION OR NEGOTIATION OF THE TRANSACTIONS. POINT'S CHIEF OF STAFF COLLECTS, TRACKS AND REVIEWS THESE SIGNED FORMS. A LIST OF BUSINESSES AND/OR ORGANIZATIONS GATHERED FROM THE FORMS IS GIVEN TO THE CFO TO TRACK FINANCIAL DEALINGS THROUGHOUT THE YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR/CEO'S COMPENSATION IS NEGOTIATED AT THE BEGINNING OF THE TERM OF EACH MULTIYEAR CONTRACT RENEWAL; AT THAT TIME, THE BOARD OF DIRECTORS DOES A FULL REVIEW OF OTHER LIKE ORGANIZATIONS' SALARIES, USING IRS 990S, WHICH REVIEW INFORMS ITS OFFER AND APPROVAL OF THE EMPLOYMENT AGREEMENT. ANNUAL INCREASES ARE DETERMINED BY THE TERMS OF THE EMPLOYMENT AGREEMENT; ANNUAL BONUSES ARE DETERMINED BY A PERFORMANCE REVIEW COMPLETED BY THE BOARD OF DIRECTORS AT THE END OF EVERY FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15B THE EXECUTIVE DIRECTOR/CEO, ALONG WITH THE DEPUTY EXECUTIVE DIRECTOR, USE COMPARABLE DATA TO REVIEW AND APPROVE THE COMPENSATION OF OTHER EMPLOYEES, INCLUDING THE CFO. THE OVERALL COMPENSATION INCREASE IS APPROVED BY THE FINANCE COMMITTEE AND BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOLLOWING POLICIES ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE: CONFLICT OF INTEREST POLICY FOR DIRECTORS, TRUSTEES, STAFF, ALUMNI AND SCHOLARS; NON-DISCRIMINATION POLICY; AND PRIVACY POLICY. THE AUDITED FINANCIAL STATEMENTS, FORM 990 AND THE ANNUAL REPORT ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | BAD DEBT -52,272. |
| FORM 990, PART XII, LINE 2C | NO CHANGES WERE MADE TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR, AS COMPARED TO THE PRIOR TAX YEAR. |
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