POINT FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- POINT FOUNDATION (EIN 84-1582086)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-27
- IRS object ID
- 201823319349300012
- Schema version
- 2017v2.3
- 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 | 2018-11-27T09:45:19-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | 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 | 2017-07-01 | 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 | 5055 WILSHIRE BLVD NO 501 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORGE VALENCIA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR & CEO | PersonTitleTxt |
| Phone | 3239331234 | PhoneNum |
| Signature | 2018-11-08 | 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 | 2018-11-08 | IPDt |
| IP Tm | 13:28:09 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | AA4E84D18E268109AEF5DBEB35B5860C71122B2D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | 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 | 5055 WILSHIRE BLVD NO 501 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,580,796 | 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 | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 438 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $12,950 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,294,605 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,576,268 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $210,753 | PYInvestmentIncomeAmt |
| CY Investment Income | $545,848 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$390,382 | PYOtherRevenueAmt |
| CY Other Revenue | -$404,405 | CYOtherRevenueAmt |
| PY Total Revenue | $5,114,976 | PYTotalRevenueAmt |
| CY Total Revenue | $3,717,711 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $781,364 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $795,765 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,009,269 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,897,262 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $66,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $66,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $538,160 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,590,583 | PYOtherExpensesAmt |
| CY Other Expenses | $1,327,636 | CYOtherExpensesAmt |
| PY Total Expenses | $4,447,216 | PYTotalExpensesAmt |
| CY Total Expenses | $4,086,663 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $667,760 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$368,952 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,821,866 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,049,685 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $339,703 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $225,561 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,482,163 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,824,124 | 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 | $1,366,446 | ExpenseAmt |
| Grant | $719,301 | GrantAmt |
| Desc | SCHOLARSHIP & SCHOLAR SUPPORT: FOR THE 2017/18 ACADEMIC YEAR, 2,102 SCHOLARSHIP APPLICATIONS WERE COMPLETED AND SUBMITTED TO POINT. AFTER AN INTENSIVE REVIEW PROCESS, THE POOL WAS NARROWED DOWN TO 675 SEMIFINALISTS. AFTER FURTHER EVALUATION, 41 FINALISTS WERE BROUGHT TO LOS ANGELES FOR A FINALIST CELEBRATION DINNER AND FINAL INTERVIEWS. OF THE FINALISTS, 27 WERE SELECTED AS NEW SCHOLARS, JOINING 45 CONTINUING SCHOLARS FOR THE 2017/18 ACADEMIC YEAR. PROGRAM STAFF ROUTINELY REACHED OUT TO SCHOLARS TO CHECK IN ON THEIR WELL-BEING AND ACADEMIC PROGRESS. PROGRAM STAFF SENT NOTES OF ENCOURAGEMENT TO SCHOLARS NEAR THE END OF EACH SEMESTER TO HELP THEM THROUGH FINAL EXAMS. THE CFO WORKED WITH THE SCHOLARS TO PLAN OUT HOW AND WHEN THEY WOULD ACCESS THEIR POINT AWARD DURING THE ACADEMIC YEAR. POINT SCHOLARS CAN REQUEST ADDITIONAL FUNDING FOR TUTORING, IF NEEDED. SCHOLARS WHO WERE PLACED ON ACADEMIC PROBATION (GPA DROP BELOW THE 3.3 POINT REQUIREMENT) RECEIVED ADDITIONAL SUPPORT THROUGH REGULARLY SCHEDULED CHECK-IN CALLS AND WORKSHEETS DESIGNED TO HELP THEM REFLECT AND PLAN HOW TO IMPROVE THEIR ACADEMIC PERFORMANCE. IN 2016 POINT, LAUNCHED THE POINT FOUNDATION COMMUNITY COLLEGE PROGRAM TO INSPIRE LGBTQ COMMUNITY COLLEGE STUDENTS TO FULFILL THEIR AMBITIONS OF ATTENDING A FOUR-YEAR COLLEGE OR UNIVERSITY. STUDENTS ACCEPTED INTO THE PROGRAM RECEIVE A $3,700 TUITION SCHOLARSHIP, ADMISSIONS COUNSELING, COACHING AND FINANCIAL EDUCATION AT THE POINT COMMUNITY COLLEGE TRANSFER SYMPOSIUM IN LOS ANGELES AND ACCESS TO THE POINT FOUNDATION NETWORK OF LGBTQ SCHOLARS. IN ITS SECOND YEAR, THE PROGRAM GREW TO 25 COMMUNITY COLLEGE. MODELING OUR OUTREACH STRATEGY AFTER OUR TRADITIONAL POINT SCHOLARSHIP PROGRAM, WE FOCUSED ON SOCIAL MEDIA TARGETED ADVERTISING, AND DIRECT EMAIL TO COMMUNITY COLLEGE ADMISSIONS, FINANCIAL AID, AND LGBTQ RESOURCE CENTERS TO TAKE THE PROGRAM TO A NATIONAL SCOPE. THE STRATEGY WAS HIGHLY SUCCESSFUL AND 13 STATES (INCLUDING THE DISTRICT OF COLUMBIA) WERE REPRESENTED. WORKING WITH THE INTERNSHIP & SCHOLARS RELATIONS MANAGER, AND THEIR POINT MENTOR, POINT SCHOLARS DESIGNED, COORDINATED AND EXECUTED AN ANNUAL COMMUNITY SERVICE PROJECT BENEFITING THE LGBTQ COMMUNITY. 63 COMMUNITY SERVICE PROJECTS WERE COMPLETED IN THE SPRING OF 2018. POINT PROVIDES FINANCIAL SUPPORT BY FACILITATING MENTOR/SCHOLAR MATCHINGS AND MEETINGS THROUGHOUT THE YEAR, PROVIDING TRAVEL TO VARIOUS CONFERENCES AND HELP PRODUCING THE COMPLETED COMMUNITY SERVICE REPORT. THREE EXAMPLES OF THIS YEAR'S PROJECTS INCLUDED (1) A PHYSICAL HISTORICAL MUSEUM EXHIBITION "DON WE NOW OUR GAY APPAREL: LGBTQ T-SHIRTS FROM THE WILCOX ARCHIVES" THAT RAN FROM APRIL JUNE 2018 AT THE WILLIAM WAY COMMUNITY CENTER IN PHILADELPHIA. (2) DEVELOPMENT OF "AN INTEGRATED HEALTH TRAINING ON TRANSGENDER HEALTH." APPROXIMATELY 200 GRADUATE LEVEL HEALTH PROFESSIONALS WENT THROUGH THE TRAINING. (3) THE CREATION OF VIET Q A VIETNAMESE LGBTQ GROUP. VIA KING COUNTY LIBRARY SYSTEMS, VIETQ HOSTED AN LGBTQ DOCUMENTARY SHORT AND PANEL TO RAISE VISIBILITY FOR THE COMMUNITY AND BRIDGE INTERGENERATIONAL DIVIDES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $701,419 | ExpenseAmt |
| Desc | LEADERSHIP CONFERENCES & TRAINING: THROUGHOUT THE YEAR POINT HOLDS LEADERSHIP EDUCATION AND AFFINITIES DEVELOPMENT (LEAD) CONSORTIUMS AROUND THE COUNTRY. POINT SCHOLARS AND ALUMNI JOIN BOARD MEMBERS AND MENTORS FROM RELATED PROFESSIONAL AND ACADEMIC FIELDS FOR SKILLS-BUILDING AND PROFESSIONAL DEVELOPMENT WORKSHOPS. IN OCTOBER 2017 POINT HELD AN ARTS, COMMUNICATIONS, ENTERTAINMENT & HUMANITIES LEAD IN LOS ANGELES, CA. IN JANUARY 2018, POINT HELD A MEDICINE, HEALTH AND STEM LEAD IN LOS ANGELES, IN JULY 2018 POINT HELD A LAW & POLICY LEAD IN LAKE BUENA VISTA, FLORIDA. REGIONAL LEADERSHIP FORUMS (RLFS) ARE ONE-DAY GATHERINGS THAT BRING SCHOLARS, ALUMNI, MENTORS, BOARD, AND STAFF TOGETHER FOR VARIED PROGRAMS OF LEARNING AND COMMUNITY BUILDING IN CITIES THAT CARRY THE HIGHEST POPULATION OF SCHOLARS. THE JANUARY 2018 LOS ANGELES RLF WAS COMBINED WITH THE STEM LEAD AND THE RECIPIENTS OF THE ELTON JOHN AIDS FOUNDATION INTERNSHIPS FROM THE PREVIOUS YEAR SHOWCASED THEIR EFFORTS IN THE FIGHT TO PREVENT HIV. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $411,869 | ExpenseAmt |
| Grant | $3,900 | GrantAmt |
| Desc | SCHOLAR SELECTIONS: WHILE CURRENT SCHOLARS WORKED THEIR WAY THROUGH THE ACADEMIC YEAR, POINT WENT ABOUT THE BUSINESS OF SELECTING SCHOLARS FOR THE 2018/19 ACADEMIC YEAR. AS PART OF ITS 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). POINT ALSO INCREASED OUTREACH EFFORTS TO GEOGRAPHIC AREAS THAT ARE NOT WELL REPRESENTED IN POINT'S SCHOLARSHIP APPLICANT POOL. THESE OUTREACH EFFORTS RESULTED IN CONTINUING POINT'S NOTABLY DIVERSE SCHOLAR CLASS: 70 PERCENT OF THE NEW SCHOLARS ARE PEOPLE OF COLOR; 35 PERCENT OF THE NEW SCHOLARS ARE THE FIRST-GENERATION IN THEIR FAMILY TO GO TO COLLEGE; 45 PERCENT OF THE NEW SCHOLARS IDENTIFY AS EITHER TRANSGENDER OR GENDER NONCONFORMING. FROM NOVEMBER 2017 TO JANUARY 2018, 2,107 HOPEFUL STUDENTS SUBMITTED SCHOLARSHIP APPLICATIONS FOR THE 2017/18 ACADEMIC YEAR. AFTER THE FIRST STAGE OF REVIEWS, THE SELECTIONS COMMITTEE IDENTIFIED 576 SEMIFINALISTS. DURING THE NEXT ROUND OF SELECTIONS, 33 FINALISTS WERE CHOSEN. ULTIMATELY, 20 NEW SCHOLARS WERE SELECTED TO JOIN 52 CONTINUING SCHOLARS FOR THE 2018/19 ACADEMIC YEAR. IN 2018/2019, 3 OF OUR 2017-2018 COMMUNITY COLLEGE SCHOLARSHIP RECIPIENTS WERE SELECTED AS POINT SCHOLARS. ON THE COMMUNITY COLLEGE FRONT, POINT SELECTED 25 NEW STUDENTS FROM ACROSS THE COUNTRY TO PARTICIPATE IN THE 2018/19 PROGRAM. ADDITIONAL RESOURCES WERE PUT TOWARDS SEEKING SCHOLARS IN THE CALIFORNIA INLAND EMPIRE AND COACHELLA VALLEY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $607,973 | ExpenseAmt |
| Grant | $72,564 | GrantAmt |
| Desc | SCHOLAR MENTORING: POINT MENTORS WERE SELECTED AND ASSIGNED TO EACH OF THE 27 NEW SCHOLARS WHO JOINED POINT IN 2017/2018. TRAINING AND SUPPORT FOR MENTORS WAS PROVIDED BY WAY OF TWO GENERAL OPEN FORUMS IN FALL AND SPRING WHEREBY MENTORS ACROSS THE NATION CONVENED VIA CONFERENCE CALL TO DISCUSS BEST PRACTICES AND SEEK ADVICE FROM EACH OTHER ON ANY SPECIFIC SITUATION THEY MAY BE EXPERIENCING WITH THEIR SCHOLAR. STAFF ALSO CONDUCTED MENTOR CHECK-IN CALLS AND DISTRIBUTED "MENTORING MESSENGER", A NEWSLETTER FOR POINT'S MENTOR-SCHOLAR PAIRS. TO FURTHER EXPAND THEIR NETWORK WITHIN POINT FOUNDATION, ALL POINT MENTORS WERE INVITED TO ATTEND THE ABOVE-MENTIONED LEADERSHIP TRAININGS. LASTLY, AS A REQUIREMENT OF THEIR SCHOLARSHIP AWARD AGREEMENT, ALL SCHOLARS INVOLVED THEIR RESPECTIVE MENTORS IN THE PLANNING AND EXECUTION OF THEIR ANNUAL COMMUNITY SERVICE PROJECT. AT THE END OF 2017/2018, THE COMMITTEE ALSO CONCLUDED REVISING THE MENTOR HANDBOOK TO BETTER REFLECT THE CURRENT FUNCTIONS AND GOALS OF POINT'S MENTORING PROGRAM. SCHOLAR INTERNSHIPS: POINT SCHOLARS ALSO MADE SIGNIFICANT CONTRIBUTIONS TO THEIR COMMUNITIES THROUGH INTERNSHIPS LAST YEAR. WITH RENEWED FUNDING FROM THE ELTON JOHN AIDS FOUNDATION (EJAF), POINT CONTINUED ITS SECOND YEAR-ROUND INTERNSHIP PROGRAM, MAKING IT POSSIBLE FOR QUALIFIED POINT SCHOLARS TO EXPERIENCE RELEVANT, PROFESSIONAL WORK DIRECTLY BENEFITING LGBTQ COMMUNITY NONPROFIT ORGANIZATIONS WORKING TO END HIV/AIDS. TO PARTICIPATE, SCHOLARS WERE ASKED TO IDENTIFY A NONPROFIT ORGANIZATION OR MEDICAL PROVIDERS FOR A FULL OR PART-TIME INTERNSHIP IN WINTER (JANUARY APRIL) AND SUMMER TERMS (MAY AUGUST). WHILE THE SPECIFIC WORK COULD VARY FROM ORGANIZATION TO ORGANIZATION, ALL PROPOSALS NEEDED TO FOCUS ON EITHER THE LACK OF ACCESS TO AFFORDABLE, CULTURALLY COMPETENT CARE OR TO ELIMINATE THE STIGMA THAT SURROUNDS HIV STATUS AND DISCLOSURE. THROUGH THIS WORK, EJAF FALL 2017, SPRING 2018, SUMMER 2018 INTERNS SERVED IN: NEW YORK, NY; CHICAGO, IL; PHILADELPHIA, PA; ALLENTOWN, PA; ROCHESTER, NY; LOS ANGELES, CA; SPRINGFIELD, MA; FOR THE SEVENTH YEAR, POINT FOUNDATION ALSO COLLABORATED WITH THE PALETTE FUND TO OFFER A LGBT NONPROFIT INTERNSHIP. SCHOLARS SUBMITTED PROPOSALS TO A SUBCOMMITTEE OF POINT'S BOARD, TO BE AWARDED A TEN-WEEK PAID WORK EXPERIENCE IN THE NOT-FOR-PROFIT LGBTQ SECTOR. IN THE SUMMER OF 2018, ONE SCHOLAR WORKED AT API EQUALITY NORTHERN CALIFORNIA ON PROJECTS SUCH AS TRANS JUSTICE MARCH, A 4-DAY LEADERSHIP EXCHANGE PROGRAM FOR API QUEER AND TRANS FOLKS, OUTRIGHT INTERNATIONAL ACTIVISTS SITE VISIT, SUMMER FUNDRAISING AND SOCIAL MEDIA CAMPAIGNS. THE OTHER INTERN WORKED AT THE NEW YORK STATE YOUTH LEADERSHIP COUNCIL, CREATING CAMPAIGNS AND VIDEOS ABOUT THE UNDOCUMENTED QUEER EXPERIENCE AS WELL AS WORKING ON DREAM TEAM TEACH-INS FOR ALLIES TO UNDOCUMENTED QUEER PEOPLE. ALUMNI: IN 2018, THE ALUMNI COMMITTEE ANALYZED THE RESULTS OF 2017'S ALUMNI ENGAGEMENT SURVEY TO PLAN A COMMUNITY CONVERSATION AT THE 2018 NLC. THE 71 ALUMNI ATTENDEES AT THE 2018 NLC REVIEWED THE COMMITTEE'S SURVEY FINDINGS, AND THEN BROKE OUT INTO SMALL GROUPS TO DISCUSS THE VARIOUS WAYS IN WHICH ALUMNI CAN BOTH ENGAGE WITH POINT AND SUPPORT OUR MISSION, AS WELL AS HOW POINT CAN PRODUCTIVELY ENGAGE WITH ALUMNI AND SUPPORT THEM WHERE POSSIBLE. THIS CONVERSATION RESULTED IN FIVE PROPOSED WORKING GROUPS, WHICH THE ALUMNI COMMITTEE IS WORKING TOWARD ESTABLISHING AS SUBCOMMITTEES. FOR THE UPCOMING YEAR, ALUM AND BOARD DIRECTOR PETE SUBKOVIAK WILL CONTINUE TO SERVE AS THE CHAIR OF THE ALUMNI COMMITTEE, WHICH ALSO COMPRISES A DIVERSE GROUP OF ALUMNI FROM VARIOUS GEOGRAPHIC REGIONS AND CLASS YEARS WITHIN POINT. AS THESE SUBCOMMITTEES FORM, THE ALUMNI COMMITTEE WILL PIVOT TO A MORE TRADITIONAL GOVERNANCE ROLE, PER POINT'S EXISTING COMMITTEE STRUCTURE. AS OF JUNE 2018, THE TOTAL NUMBER OF POINT ALUMNI IS 300. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $607,973 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $72,564 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $3,087,707 | 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 | 34 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | 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 | 5055 WILSHIRE BLVD NO 501 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 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 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SHARON BRACKETT | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN CHASE | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL CIPRESSO | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES CUMMINGS | |||||||
| BOARD MEMBER | 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 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAY PETRELEFT IN JUNE | |||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CASEY RYAN | |||||||
| BOARD MEMBER | 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 | ||
| JORGE VALENCIA | |||||||
| EXECUTIVE DIRECTOR & CEO | 70.00 | Yes (X) | $295,544 | $0 | $13,566 | ||
| SCOTT ARNESON | |||||||
| CFO | 50.00 | Yes (X) | $136,008 | $0 | $15,443 | ||
| TED FARLEY | |||||||
| CHIEF OF STAFF & COO | 50.00 | $134,826 | $0 | $8,151 | Yes (X) | ||
| ADAM D CROWLEY | |||||||
| DEVELOPMENT DIRECTOR - WEST | 50.00 | $112,838 | $0 | $8,294 | Yes (X) | ||
| HECTOR D GARZA | |||||||
| DEVELOPMENT DIRECTOR - EAST | 50.00 | $115,334 | $0 | $8,556 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $794,550 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $54,010 | 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 | $641,825 | FundraisingAmt |
| All Other Contributions | $2,934,443 | AllOtherContributionsAmt |
| Noncash Contributions | $59,441 | NoncashContributionsAmt |
| Total Contributions | $3,576,268 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $271,782 | TotalRevenueColumnAmt |
| Exclusion | $271,782 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,578,246 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,304,180 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $274,066 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $274,066 | TotalRevenueColumnAmt |
| Exclusion | $274,066 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $154,500 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $641,825 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $558,905 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$404,405 | TotalRevenueColumnAmt |
| Exclusion | -$404,405 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,717,711 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $141,443 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $795,765 | TotalAmt |
| Program Services | $795,765 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $453,946 | TotalAmt |
| Program Services | $308,001 | ProgramServicesAmt |
| Management And General | $63,598 | ManagementAndGeneralAmt |
| Fundraising | $82,347 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,194,255 | TotalAmt |
| Program Services | $810,297 | ProgramServicesAmt |
| Management And General | $167,314 | ManagementAndGeneralAmt |
| Fundraising | $216,644 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,468 | TotalAmt |
| Program Services | $79,702 | ProgramServicesAmt |
| Management And General | $16,457 | ManagementAndGeneralAmt |
| Fundraising | $21,309 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,593 | TotalAmt |
| Program Services | $89,285 | ProgramServicesAmt |
| Management And General | $18,436 | ManagementAndGeneralAmt |
| Fundraising | $23,872 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $615 | TotalAmt |
| Management And General | $615 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,950 | TotalAmt |
| Management And General | $32,950 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,000 | TotalAmt |
| Fundraising | $66,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,268 | TotalAmt |
| Management And General | $13,268 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,400 | TotalAmt |
| Program Services | $28,331 | ProgramServicesAmt |
| Management And General | $1,069 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $328,690 | TotalAmt |
| Program Services | $240,167 | ProgramServicesAmt |
| Management And General | $76,218 | ManagementAndGeneralAmt |
| Fundraising | $12,305 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,858 | TotalAmt |
| Program Services | $46,858 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,760 | TotalAmt |
| Program Services | $86,680 | ProgramServicesAmt |
| Management And General | $17,109 | ManagementAndGeneralAmt |
| Fundraising | $16,971 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,846 | TotalAmt |
| Program Services | $218,746 | ProgramServicesAmt |
| Management And General | $14,352 | ManagementAndGeneralAmt |
| Fundraising | $41,748 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,146 | TotalAmt |
| Program Services | $152,947 | ProgramServicesAmt |
| Management And General | $17,199 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,665 | TotalAmt |
| Program Services | $35,648 | ProgramServicesAmt |
| Management And General | $7,036 | ManagementAndGeneralAmt |
| Fundraising | $6,981 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,587 | TotalAmt |
| Program Services | $15,493 | ProgramServicesAmt |
| Management And General | $3,058 | ManagementAndGeneralAmt |
| Fundraising | $3,036 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PUBLIC AWARENESS/PROMO. | $144,053 | $126,959 | $4,466 | $12,628 |
| LEADERSHIP TRAINING EXP | $78,639 | $44,320 | $34,319 | |
| MENTORING | $3,657 | $3,657 | ||
| RECRUITMENT | $3,034 | $3,034 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,468 | TotalAmt |
| Program Services | $4,851 | ProgramServicesAmt |
| Management And General | $4,617 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,086,663 | TotalAmt |
| Program Services | $3,087,707 | ProgramServicesAmt |
| Management And General | $460,796 | ManagementAndGeneralAmt |
| Fundraising | $538,160 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,096,827 | BOYAmt |
| EOY | $290,531 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,031,499 | BOYAmt |
| EOY | $908,385 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,553,201 | BOYAmt |
| EOY | $2,296,526 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,333 | BOYAmt |
| EOY | $159,743 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $419,077 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $389,894 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,974 | BOYAmt |
| EOY | $29,183 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,942,946 | BOYAmt |
| EOY | $6,312,016 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,086 | BOYAmt |
| EOY | $53,301 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,821,866 | BOYAmt |
| EOY | $10,049,685 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,703 | BOYAmt |
| EOY | $225,561 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,703 | BOYAmt |
| EOY | $225,561 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,002,410 | BOYAmt |
| EOY | $2,951,800 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,092,357 | BOYAmt |
| EOY | $4,475,326 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,387,396 | BOYAmt |
| EOY | $2,396,998 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,482,163 | BOYAmt |
| EOY | $9,824,124 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,821,866 | BOYAmt |
| EOY | $10,049,685 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$368,952 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$143,124 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$145,963 | 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 | $3,604,916 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,330,407 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,019,511 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,294,605 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,576,268 | CurrentTaxYearAmt |
| Total | $22,825,707 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,604,916 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,330,407 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,019,511 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,294,605 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,576,268 | CurrentTaxYearAmt |
| Total | $22,825,707 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,515,346 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,310,361 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $191,083 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $272,952 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $202,166 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $210,342 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,782 | CurrentTaxYearAmt |
| Total | $1,148,325 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $20,044 | CurrentTaxYearMinus2YearsAmt |
| Total | $20,044 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $23,994,076 | TotalSupportAmt |
| Public Support CY170 | 0.76310 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| 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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| 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 |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,759,759 | BeginningYearBalanceAmt |
| Contributions | $2,455 | ContributionsAmt |
| Investment Earnings Or Losses | $697,141 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $82,194 | OtherExpendituresAmt |
| End Year Balance | $5,377,161 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.45430 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37840 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.16730 | 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 | $20,340 | DepreciationAmt |
| Book Value | $6,827 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $391,910 | OtherCostOrOtherBasisAmt |
| Depreciation | $369,554 | DepreciationAmt |
| Book Value | $22,356 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,183 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $3,576,332 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$143,124 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $147,708 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $4,584 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,571,748 | RevenueSubtotalAmt |
| Other Revenues Not Included | $145,963 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $145,963 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,717,711 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,234,371 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $147,708 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $147,708 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,086,663 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,086,663 | 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 4B - OTHER ADJUSTMENTS: | LOSS ON WRITE-OFF OF UNCOLLECTIBLE PLEDGES RECEIVABLE 145,963. |
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 | $383,198 | GrossReceiptsAmt |
| Retained By Contractor | $66,000 | RetainedByContractorAmt |
| Net To Organization | $383,198 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $383,198 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $66,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $383,198 | 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 | $339,737 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $247,487 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $92,250 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $24,400 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $121,333 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $96,526 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $56,032 | OtherDirectExpensesEvent1Amt |
| Event2 | LA POINT HONORS | Event2Nm |
| Gross Receipts Event2 | $365,840 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $303,590 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $62,250 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $26,484 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $107,726 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $38,514 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $67,435 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $90,748 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $90,748 | CharitableContriOtherEventsAmt |
| Rent Fclty Costs Other Events | $2,000 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $16,112 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $674 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,669 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $796,325 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $641,825 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $154,500 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $52,884 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $245,171 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $135,714 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $125,136 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $558,905 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$404,405 | 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 | 124 | RecipientCnt |
| Cash Grant | $795,765 | CashGrantAmt |
| Non Cash Assistance | N/A | 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) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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 | $250,000 | $0 | $45,544 | $0 | $0 | $0 | $0 | $0 | $13,566 | $0 | $309,110 | $0 | $0 | $0 |
| SCOTT ARNESON | ||||||||||||||
| CFO | $128,420 | $0 | $7,588 | $0 | $0 | $0 | $0 | $0 | $15,443 | $0 | $151,451 | $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 AND CFO 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 | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $59,441 | 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 | 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 -145,963. |
| 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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