POINT FOUNDATION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- POINT FOUNDATION (EIN 84-1582086)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2019-12-20
- IRS object ID
- 201913549349300536
- Schema version
- 2018v3.1
- 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 | 2019-12-20T13:46:27-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | 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 | 10990 WILSHIRE BLVD 16TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900243929 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | 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 | 3239331234 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 WILSHIRE BLVD NO 1606 | 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 | 3239331234 | PhoneNum |
| Signature | 2019-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LIZBETH G NEVAREZ | PreparerPersonNm |
| PTIN | P01399868 | PTIN |
| Phone | 3108731600 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.186.35.254 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-12-13 | IPDt |
| IP Tm | 13:25:22 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1482D0907B02CC1A8172C6F2D6F24709549154F7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | JORGE VALENCIA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6230 WILSHIRE BLVD NO 1606 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,653,015 | 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 | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 505 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $21,650 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,576,268 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,590,366 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $545,848 | PYInvestmentIncomeAmt |
| CY Investment Income | $350,640 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$404,405 | PYOtherRevenueAmt |
| CY Other Revenue | -$442,920 | CYOtherRevenueAmt |
| PY Total Revenue | $3,717,711 | PYTotalRevenueAmt |
| CY Total Revenue | $3,498,086 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $795,765 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,208,955 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,897,262 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,786,925 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $66,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $69,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $522,263 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,327,636 | PYOtherExpensesAmt |
| CY Other Expenses | $1,153,926 | CYOtherExpensesAmt |
| PY Total Expenses | $4,086,663 | PYTotalExpensesAmt |
| CY Total Expenses | $4,218,806 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$368,952 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$720,720 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,049,685 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,223,627 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $225,561 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $170,907 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,824,124 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,052,720 | 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 | $1,661,129 | ExpenseAmt |
| Grant | $789,909 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIP & SCHOLAR SUPPORT: AS OF MAY 2019, POINT FOUNDATION (POINT) HAS AWARDED 456 SCHOLARSHIPS AND HAVE INVESTED OVER $35 MILLION IN OUR LGBTQ SCHOLARS. POINT FOUNDATION CURRENTLY AWARDS TWO TYPES OF SCHOLARSHIPS: COMMUNITY COLLEGE AND THE TRADITIONAL POINT SCHOLARSHIP. THE COMMUNITY COLLEGE SCHOLARSHIP IS GEARED TOWARD ENSURING LGBTQ COMMUNITY COLLEGE STUDENTS ARE ABLE TO TRANSFER TO FOUR-YEAR INSTITUTIONS. THE TRADITIONAL POINT SCHOLARSHIP IS DESIGNED TO HELP LGBTQ SCHOLARS CURRENTLY ENROLLED IN OR ENROLLING IN AN UNDERGRADUATE OR GRADUATE PROGRAM COMPLETE THEIR DEGREE. BOTH SCHOLARSHIP PROGRAMS OFFER FINANCIAL ASSISTANCE, ONE-ON-ONE MENTORING (COACHING) AND COMPREHENSIVE LEADERSHIP TRAINING. BY ENSURING THESE STUDENTS OBTAIN A SOLID EDUCATIONAL FOUNDATION, POINT FOUNDATION IS BUILDING A GENERATION OF LEADERS, COMMITTED BOTH TO PERSONAL ACHIEVEMENT AND TO INCREASING ACCEPTANCE AND UNDERSTANDING ACROSS SOCIETY AS A WHOLE.DURING THE 2018-2019 ACADEMIC YEAR, POINT FOUNDATION SUPPORTED 72 POINT SCHOLARS AND 25 COMMUNITY COLLEGE SCHOLARSHIP 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 72 MEMBERS OF THE 2018 POINT SCHOLAR CLASS: 59% IDENTIFY AS A RACIAL OR ETHNIC GROUP OTHER THAN WHITE; 43% IDENTIFY AS TRANSGENDER, GENDER-NONCONFORMING, OR INTERSEX; AND 40% ARE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE. OF THE 25 MEMBERS OF THE 2018 COMMUNITY COLLEGE SCHOLARSHIP CLASS: 76% IDENTIFY AS A RACIAL OR ETHNIC GROUP OTHER THAN WHITE; 40% IDENTIFY AS TRANSGENDER, GENDER-NONCONFORMING, OR INTERSEX; AND 56% ARE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE.EACH YEAR, WITH THE GUIDANCE OF THEIR POINT FOUNDATION SELECTED MENTOR, POINT SCHOLARS ARE REQUIRED TO COMPLETE A COMMUNITY SERVICE PROJECT (CSP) THAT WILL POSITIVELY IMPACT THE LGBTQ COMMUNITY. ONE SCHOLARDEDICATED HER COMMUNITY SERVICE PROJECT TO THE COMMUNITY SHE GREW UP IN: NEWARK, CA. SHE TEAMED UP WITH THE NEWARK UNIFIED SCHOOL DISTRICT (NUSD) STUDENTS AND STAFF AND MEMBERS OF THE NEWARK MEMORIAL HIGH SCHOOL LGBTQ+ SUPPORT CLUB AND APPROACHED THE NUSD SCHOOL BOARD IN MEETINGS THROUGHOUT THE YEAR TO PASS BETTER PROTECTIONS FOR TRANSGENDER AND GENDER NON-CONFORMING STUDENTS AND STAFF. SHE WORKED WITH THEM TO SMOOTH PATHWAYS FOR NAME AND GENDER CHANGES ON DISTRICT DOCUMENTS AND IN THE SCHOOL SYSTEMS. SHE ALSO WORKED TO INCLUDE CURRENT TRANSGENDER AND GENDER NON-CONFORMING INDIVIDUALS IN ANTI-BULLYING POLICIES. STUDENTS AND STAFF WITHIN THE NEWARK UNIFIED SCHOOL DISTRICT ARE NOW SUPPORTED BY THE SMOOTHER NAME/GENDER CHANGE PATHWAYS AND MORE INCLUSIVE PROTECTION AND ANTI-BULLYING POLICIES, THANKS TO THE SCHOLAR'S HARD WORK AND EFFORT. POINT SCHOLARS ALSO MADE SIGNIFICANT CONTRIBUTIONS TO THEIR COMMUNITIES THROUGH INNOVATIVE PAID INTERNSHIPS AT NONPROFIT ORGANIZATIONS OF THEIR CHOICE. THE IMPACT OF THIS WORK WAS FELT NATIONWIDE, AS INTERNS COMPLETED PROJECTS IN ALABAMA, CALIFORNIA, GEORGIA, ILLINOIS, MASSACHUSETTS, NEW YORK, PENNSYLVANIA, AND TENNESSEE. FOR EXAMPLE, A SCHOLAR SPENT HIS SUMMER AT TRILLIUM HEALTH MAKING ASL TRANSLATIONAL VIDEOS ABOUT HIV-RELATED TOPICS SUCH AS SAFE SEX, ADDRESSING MISCONCEPTIONS OF HIV/AIDS, AND LOCAL CLINIC OFFERINGS. BEFORE THE INTERNSHIP, THE CLINIC HAD NO INFORMATION IN AMERICAN SIGN LANGUAGE AVAILABLE FOR LOCAL COMMUNITY MEMBERS, DESPITE THE FACT THAT THIS CITY HAS THE LARGEST DEAF COMMUNITY IN THE US PER CAPITA. LAST YEAR POINT FOUNDATION LEARNED THAT A MORE PERSONAL APPROACH WITH MORE FREQUENT CONTACT WAS CRITICAL TO OUR COMMUNITY COLLEGE STUDENTS' SUCCESS -- SO THIS PAST YEAR WE INTRODUCED THE COMMUNITY COLLEGE COACHING PROGRAM. THROUGH OUR OUTREACH WE ALSO LEARNED THAT SPECIFICALLY-LGBTQ RESOURCES DO NOT EXIST AT MANY COMMUNITYCOLLEGES -- THUSWE EXPANDED THE COMMUNITY COLLEGE TRANSFER SYMPOSIUM TO INCLUDE: A MENTAL HEALTH SESSION, A SEXUAL HEALTH SESSION, AS WELL AS A PANEL ON QUEER ACTIVISM THAT WASLEDBY OUR ESTEEMED POINT SCHOLARS.OF THE 25 COMMUNITY COLLEGE PARTICIPANTS, 81% ARE CONFIRMED TO HAVE COMPLETED THEIR PROGRAMS AND 2 OF OUR 2018-19 COMMUNITY COLLEGE SCHOLARSHIP RECIPIENTS ARE NOW POINT SCHOLARS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,249,770 | ExpenseAmt |
| Grant | $381,650 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | LEADERSHIP CONFERENCES & TRAINING: POINT FOUNDATION IS COMMITTED TO TRAINING OUR NEXT GENERATION LEADERS AND PROVIDES ITS SCHOLARS WITH A VARIETY OF LEADERSHIP ACTIVITIES AND EVENTS THROUGHOUT THE YEAR. IN THE 2018-19 CYCLE WE HOSTED THE NATIONAL LEADERSHIP CONFERENCE, ONE LEADERSHIP EDUCATION AND AFFINITIES DEVELOPMENT (LEAD) CONSORTIUM, AND SIX REGIONAL LEADERSHIP FORUMS FOR OUR SCHOLARS. WE ALSO HOSTED A COMMUNITY COLLEGE TRANSFER SYMPOSIUM FOR OUR COMMUNITY COLLEGE SCHOLARSHIP RECIPIENTS. IN JULY 2018 WE HELD A 1.5-DAY LAW & POLICY LEAD AND THE NATIONAL LEADERSHIP CONFERENCE IN LAKE BUENA VISTA, FLORIDA. POINT SCHOLARS AND ALUMNI JOINED BOARD MEMBERS AND MENTORS FROM LAW AND POLICY RELATED PROFESSIONAL AND ACADEMIC FIELDS FOR SKILLS-BUILDING AND PROFESSIONAL DEVELOPMENT WORKSHOPS. THE NATIONAL LEADERSHIP CONFERENCE BEGAN ON THE EVENING OF THURSDAY, JULY 26TH WITH A WELCOME DINNER AND REMARKS GIVEN BY POINT FOUNDATION'S CO-FOUNDER, BRUCE LINDSTROM. FRIDAY INCLUDED WORKSHOPS FOCUSED ON PREPARING AND COMPLETING AN IMPACTFUL COMMUNITY SERVICE PROJECTS AND TACKLING UNCONSCIOUS BIAS TO BE A BETTER LEADER. THE EVENING ENDED WITH A LEADERSHIP DINNER. DURING WHICH, REMARKS WERE GIVEN BY THE PRESIDENT OF WALT DISNEY WORLD, GEORGE KALOGRIDIS, POINT'S CEO AND EXECUTIVE DIRECTOR, JORGE VALENCIA AND OUR HONOREES, POINT BOARD MEMBER, MARIO ACOSTA-VELEZ AND EXECUTIVE DIRECTOR OF THE ONEPULSE FOUNDATION, BARBARA POMA. SATURDAY MORNING, SCHOLARS ENGAGED IN THREE ROTATING BREAKOUT SESSIONS THAT FOCUSED ON FINANCIAL PLANNING, JOB HUNTING, AND PUBLIC SPEAKING. IN THE AFTERNOON, DISNEY INSTITUTE ENLIGHTENED US WITH AN EXTENSIVE PRESENTATION ABOUT THE VALUES OF LEADERSHIP, INTENTIONALITY IN LEADERSHIP, AND THE IMPORTANCE OF LEAVING A LEGACY. IN AUGUST 2018 POINT HELD THE COMMUNITY COLLEGE TRANSFER SYMPOSIUM FOR OUR 25 CC SCHOLARSHIP RECIPIENTS. OVER TWO DAYS THE COMMUNITY COLLEGE STUDENTS ATTENDED TARGETED WORKSHOPS WHICH PROVIDED TRAINING ON: APPLYING TO 4-YEAR UNIVERSITIES, HOW TO ACCURATELY FILL OUT FINANCIAL AID PAPERWORK, EFFECTIVELY WRITING AN ADMISSIONS ESSAY, BEST PRACTICES FOR RESUME WRITING, AND DEVELOPING INTERVIEWING SKILLS.ON FEBRUARY 23, 2019, POINT FOUNDATION HOSTED REGIONAL LEADERSHIP FORUMS IN SIX CITIES NATIONWIDE. BASED ON THE NEEDS OF OUR SCHOLARS, POINT FOUNDATION CENTERED THE CURRICULUM OF THE HALF-DAY CONFERENCES AROUND THE TOPIC OF SELF-CARE AND WELLNESS. IN ORDER TO BE THE MOST EFFECTIVE LEADERS, IT IS IMPORTANT THAT OUR STUDENTS LEARN TO TAKE CARE OF THEMSELVES AND TO BE ABLE TO SPOT WARNING SIGNS FOR DEPRESSION AND OTHER MENTAL HEALTH ISSUES IN THEIR COMMUNITIES. 121 PARTICIPANTS ATTENDED THE EVENTS IN ATLANTA, CHICAGO, LOS ANGELES, NEW YORK CITY, PHILADELPHIA AND SAN FRANCISCO. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $378,816 | ExpenseAmt |
| Grant | $37,396 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLAR SELECTIONS: WHILE CURRENT SCHOLARS WORKED THEIR WAY THROUGH THE ACADEMIC YEAR, POINT FOUNDATION WENT ABOUT THE BUSINESS OF SELECTING SCHOLARS FOR THE 2019/20 ACADEMIC YEAR. AS PART OF OUR DRIVE TO FURTHER DIVERSIFY FUTURE CLASSES OF POINT SCHOLARS, POINT CONTINUED WITH AN OUTREACH PLAN SPECIFICALLY TARGETING UNDERREPRESENTED GROUPS IN THE LGBTQ COMMUNITY (E.G., WOMEN; STUDENTS OF COLOR; TRANSGENDER AND GENDER NONCONFORMING STUDENTS; AND APPLICANTS WITH DISABILITIES). FOLLOWING A RIGOROUS SIX-MONTH SELECTIONS PROCESS TO SELECT THE NEXT COHORT OF SCHOLARS AND LEADERS. THE 2,117 COMPLETED APPLICATIONS WERE NARROWED TO A FINALIST POOL OF 33. IN APRIL 2019, 16 NEW SCHOLARS WERE SELECTED TO JOIN THE 2019-20 CLASS OF POINT SCHOLARS. IN JUNE 2019, 25 COMMUNITY COLLEGE SCHOLARSHIP RECIPIENTS WERE SELECTED FROM OVER 100 APPLICANTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,289,715 | 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 |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 21 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | 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 890 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90048 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JAMES WILLIAMS | |||||||
| CO-CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALAN GUNO | |||||||
| CO-CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PETER LICHTENTHAL | |||||||
| CO-VICE CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JEN WOHLNER | |||||||
| CO-VICE CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BRIAN DENT | |||||||
| TREASURER | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ASHLAND JOHNSON | |||||||
| SECRETARY | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CLAUDIA CAINE | |||||||
| CHAIR EMERITUS | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARIO ACOSTA-VELEZ | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SALMAN AZHAR MD | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER BARBETTA | |||||||
| BOARD MEMBER (UNTIL 10/2018) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SHARON BRACKETT | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN CHASE | |||||||
| BOARD MEMBER (UNTIL 10/2018) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL CIPRESSO | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES CUMMINGS | |||||||
| BOARD MEMBER (UNTIL 10/2018) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| NATHAN FRIEDMAN | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES GARGAS | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS GARY | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CELINA GERBIC | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| AARON LEIFER | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRY LONGMORE | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SARAH MADEY | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| RYAN MILLER | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM PATTON | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN PENCE | |||||||
| BOARD MEMBER (UNTIL 03/2019) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CASEY RYAN | |||||||
| BOARD MEMBER (UNTIL 02/2019) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| EDDIE SANTOS | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN STIFFLER | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| PETE SUBKOVIAK | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN THAXTON | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEXIA WARD | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MATT BARBEY | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| BEN HARMAN | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JORGE VALENCIA | |||||||
| EXECUTIVE DIRECTOR & CEO | 70.00 | Yes (X) | $265,897 | $0 | $12,861 | ||
| SCOTT ARNESON | |||||||
| CFO | 50.00 | Yes (X) | $143,367 | $0 | $5,129 | ||
| EDWARD T FARLEY | |||||||
| CHIEF OF STAFF & COO | 50.00 | $142,947 | $0 | $7,375 | Yes (X) | ||
| ADAM D CROWLEY | |||||||
| DEVELOPMENT DIRECTOR - WES | 50.00 | $110,314 | $0 | $7,575 | Yes (X) | ||
| HECTOR D GARZA | |||||||
| DEVELOPMENT DIRECTOR - EAS | 50.00 | $112,046 | $0 | $7,775 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $774,571 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $40,715 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $637,484 | FundraisingAmt |
| All Other Contributions | $2,952,882 | AllOtherContributionsAmt |
| Noncash Contributions | $157,844 | NoncashContributionsAmt |
| Total Contributions | $3,590,366 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $324,220 | TotalRevenueColumnAmt |
| Exclusion | $324,220 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,625,445 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,599,025 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,420 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,420 | TotalRevenueColumnAmt |
| Exclusion | $26,420 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $112,984 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $637,484 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $555,904 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$442,920 | TotalRevenueColumnAmt |
| Exclusion | -$442,920 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,498,086 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$92,280 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,208,955 | TotalAmt |
| Program Services | $1,208,955 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,394 | TotalAmt |
| Program Services | $271,440 | ProgramServicesAmt |
| Management And General | $60,506 | ManagementAndGeneralAmt |
| Fundraising | $86,448 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,134,402 | TotalAmt |
| Program Services | $735,945 | ProgramServicesAmt |
| Management And General | $164,117 | ManagementAndGeneralAmt |
| Fundraising | $234,340 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,718 | TotalAmt |
| Program Services | $73,179 | ProgramServicesAmt |
| Management And General | $16,111 | ManagementAndGeneralAmt |
| Fundraising | $23,428 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,411 | TotalAmt |
| Program Services | $78,823 | ProgramServicesAmt |
| Management And General | $17,354 | ManagementAndGeneralAmt |
| Fundraising | $25,234 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,314 | TotalAmt |
| Management And General | $1,314 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,750 | TotalAmt |
| Management And General | $35,750 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,000 | TotalAmt |
| Fundraising | $69,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,849 | TotalAmt |
| Program Services | $18,849 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,999 | TotalAmt |
| Program Services | $236,366 | ProgramServicesAmt |
| Management And General | $69,337 | ManagementAndGeneralAmt |
| Fundraising | $19,296 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,456 | TotalAmt |
| Program Services | $47,456 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,157 | TotalAmt |
| Program Services | $94,503 | ProgramServicesAmt |
| Management And General | $12,903 | ManagementAndGeneralAmt |
| Fundraising | $13,751 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,960 | TotalAmt |
| Program Services | $119,978 | ProgramServicesAmt |
| Management And General | $7,194 | ManagementAndGeneralAmt |
| Fundraising | $788 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,359 | TotalAmt |
| Program Services | $238,413 | ProgramServicesAmt |
| Management And General | $9,946 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,048 | TotalAmt |
| Program Services | $19,537 | ProgramServicesAmt |
| Management And General | $2,668 | ManagementAndGeneralAmt |
| Fundraising | $2,843 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,990 | TotalAmt |
| Program Services | $19,493 | ProgramServicesAmt |
| Management And General | $2,661 | ManagementAndGeneralAmt |
| Fundraising | $2,836 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PUBLIC AWARENESS/PROMO. | $69,988 | $56,024 | $2,377 | $11,587 |
| EVENTS EXPENSE | $65,425 | $32,713 | $32,712 | |
| OTHER SCHOLARSHIP EXPEN | $38,041 | $38,041 | $0 | $0 |
| RECRUITMENT | $208 | $208 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,382 | TotalAmt |
| Management And General | $4,382 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,218,806 | TotalAmt |
| Program Services | $3,289,715 | ProgramServicesAmt |
| Management And General | $406,828 | ManagementAndGeneralAmt |
| Fundraising | $522,263 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,531 | BOYAmt |
| EOY | $287,017 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $908,385 | BOYAmt |
| EOY | $933,343 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,296,526 | BOYAmt |
| EOY | $1,738,858 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,743 | BOYAmt |
| EOY | $67,031 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $422,997 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $414,942 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,183 | BOYAmt |
| EOY | $8,055 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,312,016 | BOYAmt |
| EOY | $6,130,234 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,301 | BOYAmt |
| EOY | $59,089 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,049,685 | BOYAmt |
| EOY | $9,223,627 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,561 | BOYAmt |
| EOY | $170,907 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,561 | BOYAmt |
| EOY | $170,907 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,951,800 | BOYAmt |
| EOY | $2,883,744 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,475,326 | BOYAmt |
| EOY | $3,765,067 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,396,998 | BOYAmt |
| EOY | $2,403,909 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,824,124 | BOYAmt |
| EOY | $9,052,720 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,049,685 | BOYAmt |
| EOY | $9,223,627 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$720,720 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$34,774 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$15,910 | 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 | $6,330,407 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,019,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,294,605 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,576,268 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,590,366 | CurrentTaxYearAmt |
| Total | $22,811,157 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,330,407 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,019,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,294,605 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,576,268 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,590,366 | CurrentTaxYearAmt |
| Total | $22,811,157 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,857,617 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,953,540 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $272,952 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $202,166 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $210,342 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $271,782 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $324,220 | CurrentTaxYearAmt |
| Total | $1,281,462 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $20,044 | CurrentTaxYearMinus3YearsAmt |
| Total | $20,044 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $24,112,663 | TotalSupportAmt |
| Public Support CY170 | 0.78600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76310 | 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 | $6,334,510 | BeginningYearBalanceAmt |
| Contributions | $6,911 | ContributionsAmt |
| Investment Earnings Or Losses | $189,211 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $103,433 | OtherExpendituresAmt |
| Administrative Expenses | $2,887,932 | AdministrativeExpensesAmt |
| End Year Balance | $3,539,267 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,742,331 | BeginningYearBalanceAmt |
| Contributions | $5,063 | ContributionsAmt |
| Investment Earnings Or Losses | $591,175 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $82,526 | OtherExpendituresAmt |
| End Year Balance | $6,256,043 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,702,219 | BeginningYearBalanceAmt |
| Contributions | $64,846 | ContributionsAmt |
| Investment Earnings Or Losses | $57,578 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $109,479 | OtherExpendituresAmt |
| End Year Balance | $5,742,331 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,377,161 | BeginningYearBalanceAmt |
| Contributions | $306,005 | ContributionsAmt |
| Investment Earnings Or Losses | $125,329 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $106,276 | OtherExpendituresAmt |
| End Year Balance | $5,702,219 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.66760 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.33240 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,167 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,955 | DepreciationAmt |
| Book Value | $1,212 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $395,830 | OtherCostOrOtherBasisAmt |
| Depreciation | $388,987 | DepreciationAmt |
| Book Value | $6,843 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,055 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $3,667,194 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$34,774 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $219,792 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$15,910 | OtherRevenueAmt |
| Revenue Not Reported | $169,108 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,498,086 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,498,086 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,438,598 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $219,792 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $219,792 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,218,806 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,218,806 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 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 XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON WRITE-OFF OF UNCOLLECTIBLE PLEDGES RECEIVABLE -15,910. |
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 | $483,953 | GrossReceiptsAmt |
| Retained By Contractor | $69,000 | RetainedByContractorAmt |
| Net To Organization | $414,953 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $483,953 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $69,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $414,953 | 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 | NY POINT HONORS | Event1Nm |
| Gross Receipts Event1 | $303,231 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $233,771 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $69,460 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $24,700 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $120,134 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $110,609 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $49,377 | OtherDirectExpensesEvent1Amt |
| Event2 | LA POINT HONORS | Event2Nm |
| Gross Receipts Event2 | $373,418 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $334,214 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $39,204 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $26,424 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $66,503 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $102,345 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $43,688 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $73,819 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $69,499 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $4,320 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $1,500 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $9,254 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $851 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $519 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $750,468 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $637,484 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $112,984 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $52,624 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $195,891 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $213,805 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $93,584 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $555,904 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$442,920 | 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 | 206 | RecipientCnt |
| Cash Grant | $1,083,830 | CashGrantAmt |
| Non Cash Assistance | $125,125 | NonCashAssistanceAmt |
| 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. THOSE FINALISTS ARE THEN BROUGHT TO A FINAL SELECTION WEEKEND WHERE THEY 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 BY POINT'S CFO 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 (2 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 | $245,897 | $0 | $20,000 | $0 | $0 | $0 | $0 | $0 | $12,861 | $0 | $278,758 | $0 | $0 | $0 |
| EDWARD T FARLEY | ||||||||||||||
| CHIEF OF STAFF & COO | $142,947 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7,375 | $0 | $150,322 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE CEO RECEIVED BONUSES IN THE CURRENT FISCAL YEAR. BONUSES ARE DETERMINED BY THE BOARD OF DIRECTORS AND ARE BASED UPON COMPLETION OF GOALS AND OVERALL PERFORMANCE DURING THE YEAR. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $26,844 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MEALS AND BEVERAGES | 1 | $115,000 | FMV |
| Yes (X) | GIFT BAGS | 1 | $16,000 | FMV |
| 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 | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | NON CASH DONATIONS ARE LISTED BY TOTAL NUMBER OF NON CASH CONTRIBUTIONS RECIEVED. | ExplanationTxt |
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 DID NOT HAVE ANY EXECUTIVE COMMITEE DURING THE FISCAL YEAR. |
| 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 CHIEF OF STAFF, 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: | LOSS ON WRITE-OFF OF UNCOLLECTIBLE PLEDGES RECEIVABLE -15,910. |
| 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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