2018-05-07T15:32:24-05:00 2017-06-30 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2016-07-01 202121739 Tipping Point Community TIPP 4153481240 220 Montgomery Street San Francisco CA 94104 Daniel Lurie PRESIDENT/CEO 4153481240 2018-05-04 1 Joua V Lo P01225144 4159561500 2018-04-11 2016 2022-09-23 18:48:47Z Daniel Lurie 220 Montgomery Street San Francisco CA 94104 46937540 0 X www.tippingpoint.org X 2004 CA Tipping Point Community raises money to support San Francisco Bay Area individuals and families in need. 28 27 52 29 0 0 29202713 46613235 0 0 -19200 51451 -2032744 -2393578 27150769 44271108 19152988 22323940 0 0 5425222 6123410 0 0 3082103 3739717 3662898 28317927 32110248 -1167158 12160860 33123821 48492809 5881826 8099660 27241995 40393149 X to serve as a resource to fight poverty in the San Francisco Bay Area through the provisions of grants and support to leading non-profit organizations and businesses, and to individuals for the purpose of collaboration for the development of new programs designed to directly impact the Bay Area's poor. 0 0 27052865 22323940 0 Tipping Point's program team conducts an average of 100 hours of due diligence per organization before writing a check. We look for strong leadership, clean financial statements and a demonstrated willingness to measure outcomes. Once an organization is in the portfolio, we renew general operating grants on an annual basis so long as there is progress toward mutually agreed upon goals. We use a mix of pro bono and contracted services from our partners, targeted trainings, and staff advice and expertise to support grantees beyond dollars to increase their impact in the fight against poverty. 27052865 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 48 0 1 52 1 0 0 0 0 0 1 1 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT NY NJ WA HI X Annie Ulevitch COO 4153481240 220 MONTGOMERY STREET SUITE 850 SAN FRANCISCO CA 94104 Daniel Lurie CEO + Founder 40.00 X X 79609 0 30178 Chris James Board Chairman 1.00 X X 0 0 0 Katie Schwab Paige Secretary 1.00 X X 0 0 0 Nikesh Arora Board Member 1.00 X 0 0 0 Amy Banse Board Member 1.00 X 0 0 0 Tony Bates Board Member 1.00 X 0 0 0 Peter Briger Board Member 1.00 X 0 0 0 Kate Harbin Clammer Board Member 1.00 X 0 0 0 David Dolby Board Member 1.00 X 0 0 0 Egon Durban Board Member 1.00 X 0 0 0 Phaedra Ellis-Lamkins Board Member 1.00 X 0 0 0 Thomas Laffont Board Member 1.00 X 0 0 0 David Lamond Board Member 1.00 X 0 0 0 Nellie Levchin Board Member 1.00 X 0 0 0 Ronnie Lott Board Member 1.00 X 0 0 0 Steve Luczo Board Member (Thru 6/2017) 1.00 X 0 0 0 Alex Magaro Board Member 1.00 X 0 0 0 David Marcus Board Member 1.00 X 0 0 0 Mick McGuire Board Member 1.00 X 0 0 0 Mason Morfit Board Member 1.00 X 0 0 0 Alec Perkins Board Member 1.00 X 0 0 0 Gregg Perloff Board Member 1.00 X 0 0 0 John Pritzker Board Member 1.00 X 0 0 0 Eric Roberts Board Member 1.00 X 0 0 0 Lateefah Simon Board Member 1.00 X 0 0 0 Quincy Smith Board Member 1.00 X 0 0 0 Alan Waxman Board Member 1.00 X 0 0 0 Jed York Board Member 1.00 X 0 0 0 Gideon Yu Board Member 1.00 X 0 0 0 Annie Ulevitch COO 40.00 X 196190 0 19380 Kher Renuka Managing Dir, T Lab 40.00 X 229300 0 23680 Givens Elizabeth VP, Development Strategy 40.00 X 191065 0 42490 Moreno Karina Managing Dir, Program 40.00 X 189090 0 43803 Pitts Jennifer Managing Dir, CED (Thru 9/2016) 40.00 X 159255 0 27469 Briscoe Alexander Managing Dir, Policy (Thru 5/2017) 40.00 X 155314 0 29612 Jin Carol Dir, Finance and Operations 40.00 X 155190 0 19434 Bathgate Kelly Dir, Strategic Partnerships 40.00 X 150790 0 22144 Giller Marisa Dir Communications 40.00 X 150065 0 23885 Malong Bryan Project Director, T Lab 40.00 X 146440 0 21705 Hobson Jake Dir, Individual Giving 40.00 X 143540 0 40086 Rebecca Cherin Former Managing Dir, Program 0.00 X 110000 0 0 2055848 0 343866 18 1 1 0 E2k 445 North Whisman Road Suite 100 Mountain View CA 94043 Production Services for Benefit Event 631927 Alabama Shakes Touring PO Box 340020 Nashville TN 37203 Entertainment Services for Benefit Event 400000 BGCA Management 1815 4th Street Suite E Berkeley CA 94710 Production Services for Benefit Event 321600 Stanlee Gatti Designs 1208 Howard Street San Francisco CA 94103 Design Services for Benefit Event 260657 Paula LeDuc Fine Catering 1350 Park Avenue Emeryville CA 94608 Catering Services for Various Events 252505 10 15320754 31292481 2082751 46613235 51451 51451 256544 15320754 2666432 -2409888 -2409888 other income 611710 16310 16310 16310 44271108 0 0 -2342127 22323940 22323940 1347653 716388 337177 294088 3495485 1929586 443443 1122456 245914 127461 47137 71316 678863 315738 167368 195757 355495 195571 53825 106099 33539 33539 885822 430365 79865 375592 59398 10000 7740 41658 163431 37501 108460 17470 157252 350 140970 15932 351916 351916 17281 13995 885 2401 4133 1055 3078 144967 144967 25336 25336 MANAGEMENT Assistance 903508 903508 BAD DEBT 462376 462376 event expenses 400187 23867 376320 DONATIONS OF GOODS 7620 7620 46132 15920 29574 638 32110248 27052865 1975280 3082103 21849270 17999369 4795170 11681648 5510508 16823155 35372 44397 775083 538437 316201 236646 517300 1632594 100000 75000 33123821 48492809 589870 363445 5177000 7662732 114956 73483 5881826 8099660 X 19760299 24309612 7481696 16083537 27241995 40393149 33123821 48492809 12160860 990294 0 X 0 1 X 1 0 X 18043472 35350221 28124650 29202713 46613235 157334291 18043472 35350221 28124650 29202713 46613235 157334291 24514655 132819636 4875 19429 27521 51451 103276 3005 8750 11000 2475 16310 41540 157479107 0.84340 0.80630 X Schedule A, Part II, Line 10, Explanation of Other Income: OTHER INCOME - 2012 Amount: $ 3,005. 2013 Amount: $ 8,750. 2014 Amount: $ 11,000. 2015 Amount: $ 2,475. 2016 Amount: $ 16,310. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134404 98684 35720 158220 116166 42054 482459 323587 158872 236646 X 50618627 990294 2690793 2666432 6347519 44271108 0 44271108 37467473 2690793 2666432 5357225 32110248 0 32110248 Part X, Line 2: Tipping Point is considered a public charity and is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. Tipping Point is exempt from state tax under State of California Revenue and Taxation code section 23701d, whereby only unrelated business income is subject to federal and state income tax. Since all of Tipping Point's income is related to its exempt purpose, no provision for income taxes has been made in the accompanying financial statements. Tipping Point has no unrecognized tax benefits or uncertain tax positions as of June 30, 2017 and 2016. Part XI, Line 2d - Other Adjustments: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 2,666,432. Part XII, Line 2d - Other Adjustments: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 2,666,432. Benefit 15442008 15217714 224294 1498568 350327 395490 194575 Concert 135290 103040 32250 10302 56946 150000 10224 15577298 15320754 256544 1508870 407273 545490 204799 2666432 -2409888 1 Aspire Public Schools 1001 22nd Ave Ste 100 Oakland CA 94606 943311088 501(c)(3) 1000000 General Operating Support BELL 1200 65th Street 233 Emeryville CA 94608 043182053 501(c)(3) 300000 General Operating Support Beyond 12 344 20th Street Oakland CA 94612 271275246 501(c)(3) 267000 General Operating Support Brilliant Corners 1390 Market St Ste 405 San Francisco CA 94102 562379862 501(c)(3) 1200000 General Operating Support BUILD 2385 Bay Rd Redwood City CA 94063 943386695 501(c)(3) 350000 General Operating Support Caliber East Bay Real Estate 600 Montgomery St Ste 2400 San Francisco CA 94111 474300424 501(c)(3) 850000 General Operating Support Caliber Schools 5100 Potrero Ave Richmond CA 94804 461219795 501(c)(3) 401000 General Operating Support Canal Alliance 91 Larkspur St San Rafael CA 94901 942832648 501(c)(3) 330000 General Operating Support Center for Employment Opportunities 50 Broadway 18th Floor New York NY 10004 133843322 501(c)(3) 250000 General Operating Support Center For Youth Wellness 3450 3rd St Building 2 Ste 201 San Francisco CA 94124 452527627 501(c)(3) 175000 General Operating Support Citizen Schools 330 Twin Dolphin Dr Ste 115 Redwood City CA 94065 043259160 501(c)(3) 125000 General Operating Support City Year 1922 The Alameda Ste 104 San Jose CA 95126 222882549 501(c)(3) 340000 General Operating Support College Track 111 Broadway Ste 101 Oakland CA 94607 943279613 501(c)(3) 250000 General Operating Support Community Housing Partnership 20 Jones St Ste 200 San Francisco CA 94102 943112338 501(c)(3) 700000 General Operating Support Compass Family Services 49 Powell St 3rd Floor San Francisco CA 94102 941156622 501(c)(3) 375000 General Operating Support Eastside College Preparatory School 1041 Myrtle St East palo Alto CA 94303 943187806 501(c)(3) 275000 General Operating Support First Place for Youth 426 17th St Oakland CA 94612 943341034 501(c)(3) 750000 General Operating Support Fresh Lifelines for Youth 568 Valley Way Milpitas CA 95035 522234595 501(c)(3) 375000 General Operating Support Gateway To College National Network 529 SE Grand Ave Ste 300 Portland OR 97214 320237828 501(c)(3) 189000 General Operating Support Genesys Works 101 2nd St Ste 500 San Francisco CA 94105 461568087 501(c)(3) 200000 General Operating Support Homeless Prenatal Program 2500 18th St San Francisco CA 94110 943146280 501(c)(3) 435000 General Operating Support JobTrain 1200 OBrien Dr Menlo Park CA 94025 941712371 501(c)(3) 300000 General Operating Support KIPP Bay Area Schools 1404 Franklin St Ste 500 Oakland CA 94612 205010766 501(c)(3) 1000000 General Operating Support Larkin Street Youth Services 134 Golden Gate Ave San Francisco CA 94102 942917999 501(c)(3) 350000 General Operating Support LifeMoves 181 Constitution Dr Menlo Park CA 94025 770160469 501(c)(3) 825000 General Operating Support Miracle Messages 4741 Central Street 377 Kansas City MO 64112 208672843 501(c)(3) 200000 General Operating Support Mission Asset Fund 3269 Mission St San Francisco CA 94110 208993652 501(c)(3) 551000 General Operating Support New Door Ventures 3221 20th St San Francisco CA 94110 942780274 501(c)(3) 275000 General Operating Support New Teacher Center 110 Cooper Street Suite 500 Santa Cruz CA 95060 262427526 501(c)(3) 175000 General Operating Support Next Step Learning Center 2222 Curtis St Oakland CA 94607 943243557 501(c)(3) 125000 General Operating Support Nurse-Family Partnership 1900 Grant St Ste 400 Denver CO 80203 200234163 501(c)(3) 300000 General Operating Support One Degree 2370 Market St Ste 162 San Francisco CA 94114 364729392 501(c)(3) 175000 General Operating Support Opportunity Junction 3102 Delta Fair Blvd Antioch CA 94509 680459131 501(c)(3) 160500 General Operating Support Prospera 1470 Fruitvale Ave Suite 1 Oakland CA 94601 770373186 501(c)(3) 135000 General Operating Support Ravenswood Family Health Center 1885 Bay Rd East Palo Alto CA 94303 943372130 501(c)(3) 300000 General Operating Support Reading Partners 180 Grand Ave Ste 800 Oakland CA 94612 770568469 501(c)(3) 750000 General Operating Support Rocketship Education 350 Twin Dolphin Dr Ste 109 Redwood City CA 94065 204040597 501(c)(3) 600000 General Operating Support Rubicon Programs Inc 2500 Bissell Ave Richmond CA 94804 942301550 501(c)(3) 1000000 General Operating Support Samaschool 2017 Mission St Ste 301 San Francisco CA 94110 262547062 501(c)(3) 200000 General Operating Support SF Department of Homelessness & Supportive Housing 1 South Van Ness 5th Floor San Francisco CA 94103 GOV 720000 General Operating Support SF Department of Public Health 101 Grove St San Francisco CA 94102 GOV 685000 General Operating Support SF State Guardian Scholars Program 1600 Holloway Ave San Francisco CA 94132 941384645 501(c)(3) 250000 General Operating Support SHELTER Inc 1333 Willow Pass Rd Concord CA 94520 680117241 501(c)(3) 300000 General Operating Support Stanford University School of Medicine 401 Quarry Rd Palo Alto CA 94305 941156365 501(c)(3) 459068 General Operating Support Sunny Hills Services 300 Sunny Hills Dr San Anselmo CA 94960 941156301 501(c)(3) 75000 General Operating Support Teach for America 940 Howard St San Francisco CA 94103 133541913 501(c)(3) 300000 General Operating Support The Bread Project 1615 University Ave Berkeley CA 94703 943363920 501(c)(3) 175000 General Operating Support The Stride Center 1212 Broadway Ste 400 Oakland CA 94612 943333571 501(c)(3) 300000 General Operating Support UC Regents 1001 Potrero St San Francisco CA 94110 946036493 501(c)(3) 1305372 General Operating Support Ujima Family Services 1901 Church Ln San Pablo CA 94806 680127450 501(c)(3) 175000 General Operating Support Upwardly Global 582 Market St Ste 1207 San Francisco CA 94104 943346127 501(c)(3) 166000 General Operating Support Year Up 80 Sutter St San Francisco CA 94104 043534407 501(c)(3) 600000 General Operating Support 52 0 Part I, Line 2: Organizations that receive grants from Tipping Point Community have grant goals that are monitored and reported on twice a year. The grant goals are outlined within the organization's grant agreement and are considered critical to the grantee receiving funding. Grantees report on their progress toward their grant goals and provide financial data for review. Site visits are also performed during these reporting periods. Additionally, grantees are required to report in both February and August on their past year performance. This includes information regarding the number of clients served, success and failure rates where applicable, along with additional financial reporting including the organizations financial audit when applicable. X X 1 0 0 0 0 0 0 0 0 Annie Ulevitch COO 196190 0 0 0 0 0 8683 0 10697 0 215570 0 0 0 Kher Renuka Managing Dir, T Lab 229300 0 0 0 0 0 12983 0 10697 0 252980 0 0 0 Givens Elizabeth VP, Development Strategy 191065 0 0 0 0 0 12979 0 29511 0 233555 0 0 0 Moreno Karina Managing Dir, Program 189090 0 0 0 0 0 13116 0 30687 0 232893 0 0 0 Pitts Jennifer Managing Dir, CED (Thru 9/2016) 159255 0 0 0 0 0 12170 0 15299 0 186724 0 0 0 Briscoe Alexander Managing Dir, Policy (Thru 5/2017) 155314 0 0 0 0 0 7875 0 21737 0 184926 0 0 0 Jin Carol Dir, Finance and Operations 155190 0 0 0 0 0 10845 0 8589 0 174624 0 0 0 Bathgate Kelly Dir, Strategic Partnerships 150790 0 0 0 0 0 10944 0 11200 0 172934 0 0 0 Giller Marisa Dir Communications 150065 0 0 0 0 0 8179 0 15706 0 173950 0 0 0 Malong Bryan Project Director, T Lab 146440 0 0 0 0 0 10528 0 11177 0 168145 0 0 0 Hobson Jake Dir, Individual Giving 143540 0 0 0 0 0 10088 0 29998 0 183626 0 0 0 Rebecca Cherin Former Managing Dir, Program 0 0 0 0 110000 0 0 0 0 0 110000 0 0 0 Part I, Line 4a Rebecca Cherin RECEIVED A SEVERANCE PAYMENT WHICH HAS BEEN INCLUDED IN THE AMOUNT REPORTED IN PART II, COLUMN (B)(III). TERMS AND CONDITIONS ARE SUBJECT TO A CONFIDENTIALITY CLAUSE AND THEREFORE WILL BE MADE AVAILABLE TO THE IRS UPON REQUEST. X 34 2052894 fair market value X 5 1528 fair market value X Events goods and supplies 7 28329 FMV FROM DONOR 0 0 1 0 Form 990, Part VI, Section B, line 11b Subsequent to the completion of the annual audit, The Form 990 is prepared utilizing the audit report and necessary supporting schedules. Tipping Point's CEO and COO review the Form and present it to the full board of directors. Each member of the board of directors will receive a copy of the Form 990 prior to the submission of the Form to the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Tipping Point's conflict of interest policy, which is incorporated into Tipping Point's fiscal policies & procedures, places an affirmative obligation on each officer, director and staff member to disclose any contract or transaction in which he or she has an interest. Each staff member has signed an affirmation stating that they have read and will abide by the conflict of interest policy. At which time a potential conflict is disclosed or discovered, the Tipping Point board of directors will review the situation and vote on the situation. The staff or board member involved in the potential conflict of interest would not be present for final deliberation and vote. TPC's Board and Key Employees review the Conflict of Interest policy annually. Form 990, Part VI, Section B, line 15 The organization does a performance review annually. If an employee is deemed to be performing at or above expectations, the employee's manager may propose a salary increase. The COO then identifies comparable positions and salary data before the CEO and COO approve the compensation change. The board also approves of any significant changes in compensation for the executive team, including the CEO. The process is documented and was last completed in July. Form 990, Part VI, Section C, line 19 The organization's articles of incorporation are filed with the California Secretary of State, and thus available to the public. The conflict of interest policy and audited financial statements are available to the public upon request.