2017-05-12T11:57:12-05:00 2016-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2015-07-01 202121739 TIPPING POINT COMMUNITY TIPP 4153481240 220 MONTGOMERY STREET SAN FRANCISCO CA 94104 DANIEL LURIE PRESIDENT/CEO 4153481240 2017-05-11 1 RENIE BURBANK P00159653 4159561500 2015 2021-01-29 14:40:06Z DANIEL LURIE 220 MONTGOMERY STREET SAN FRANCISCO CA 94104 29652898 0 X WWW.TIPPINGPOINT.ORG X 2004 CA TIPPING POINT COMMUNITY RAISES MONEY TO SUPPORT SAN FRANCISCO BAY AREA INDIVIDUALS AND FAMILIES IN NEED. 27 26 54 26 0 0 28124650 29202713 0 0 19429 -19200 -2813188 -2032744 25330891 27150769 18682636 19152988 0 0 4167557 5425222 0 0 3410664 2390383 3739717 25240576 28317927 90315 -1167158 36444995 33123821 8254318 5881826 28190677 27241995 X TIPPING POINT SCREENS NONPROFITS RIGOROUSLY TO FIND, FUND, AND PARTNER WITH THE MOST-EFFECTIVE ORGANIZATIONS HELPING BAY AREA INDIVIDUALS AND FAMILIES BREAK THE CYCLE OF POVERTY AND ACHIEVE ECONOMIC SELF-SUFFICIENCY. TIPPING POINT'S BOARD UNDERWRITES ALL OPERATING AND FUNDRAISING EXPENSES SO THAT 100% OF EVERY DOLLAR DONATED GOES DIRECTLY TO THE FIGHT AGAINST POVERTY. BEYOND DOLLARS, TIPPING POINT PROVIDES ITS GRANTEES WITH THE COMMUNICATIONS, TECHNICAL AND MANAGEMENT ASSISTANCE THEY NEED TO GROW AND INCREASE THEIR IMPACT. TIPPING POINT GRANTS ARE UNRESTRICTED, ALLOWING THEIR GRANTEES TO INVEST IN THE STRATEGY, OPERATIONS AND STAFFING REQUIRED TO SERVE THEIR CLIENTS MOST EFFECTIVELY. 0 0 22898392 19152988 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. 22898392 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 54 1 0 0 0 0 0 1 1 0 0 0 0 X 27 26 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 82019 0 27402 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 PETE 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 STEPHEN LUCZO BOARD MEMBER 1.00 X 0 0 0 ALEX MAGARO 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 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 DAVID ZIERK BOARD MEMBER 1.00 X 0 0 0 ANNIE ULEVITCH COO 40.00 X 41614 0 1700 REBECCA CHERIN MANAGING DIR, PROGRAM 40.00 X 258759 0 20397 RENUKA KHER MANAGING DIR, T LAB 40.00 X 244840 0 24359 JENNIFER PITTS MANAGING DIR, CED 40.00 X 221558 0 34931 KARINA MORENO MANAGING DIR, PROGRAM 40.00 X 156029 0 38653 ANDREW NIKLAUS DIRECTOR, IMPACT & LEARNING 40.00 X 151757 0 29790 KELLY BATHGATE DIRECTOR, STRATEGIC PARTNERSHIPS 40.00 X 150139 0 20712 JACOB HOBSON DIRECTOR, INIDIVIDUAL GIVING 40.00 X 131196 0 36560 BRYAN MALONG CO-DIRECTOR, T-LAB 40.00 X 130039 0 19187 BLYTHE SMITH DIRECTOR, DEVELOPMENT 40.00 X 126602 0 36821 1694552 0 290512 15 0 1 0 E2K 445 NORTH WHISMAN ROAD SUITE 100 MOUNTAIN VIEW CA 94043 SERVICES FOR BENEFIT EVENT 928171 STANLEE GATTI DESIGNS 1208 HOWARD STREET SAN FRANCISCO CA 94103 DESIGN SERVICES 256088 PAULA LEDUC FINE CATERING 1350 PARK AVENUE EMERYVILLE CA 94608 CATERING SERVICES 237808 ELIXIR DESIGN 2134 VAN NESS AVE 2ND FLOOR SAN FRANCISCO CA 94109 DESIGN SERVICES 194361 SACHA STEINBERGER 723 FORESTER STREET SAN FRANCISCO CA 94127 LEGAL SERVICES 111270 7 13300517 15902196 2535811 29202713 27521 27521 139679 186400 -46721 -46721 -46721 280510 13300517 2315729 -2035219 -2035219 OTHER INCOME 611710 2475 2475 2475 27150769 0 0 -2051944 19152988 19152988 1215202 470935 497810 246457 3079718 1621447 376328 1081943 171072 74205 27603 69264 630375 263422 141076 225877 328855 165133 62574 101148 19495 19495 832860 499503 75294 258063 37290 37290 186071 24056 150683 11332 128492 7752 107384 13356 364326 361126 3200 15877 10802 1601 3474 15197 2746 12033 418 132595 132595 21440 21440 BAD DEBT 753040 753040 EVENT EXPENSES 624797 23081 601716 MANAGEMENT ASSISTANCE 520800 520800 DONATIONS OF GOODS 38803 38803 48634 22719 21829 4086 28317927 22898392 2008871 3410664 18958657 21849270 4666606 4795170 11886171 5510508 100000 100000 106349 35372 709671 393470 366986 316201 186400 173826 517300 36444995 33123821 1072257 424898 7177758 5177000 4303 279928 8254318 5881826 X 18615116 19760299 9575561 7481696 28190677 27241995 36444995 33123821 -1167158 218476 0 X 0 1 X 1 0 X 16336117 18043472 35350221 28124650 29202713 127057173 16336117 18043472 35350221 28124650 29202713 127057173 24541502 102515671 1894 4875 19429 27521 53719 633 3005 8750 11000 2475 25863 127136755 0.80630 0.81050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 633. 2012 AMOUNT: $ 3,005. 2013 AMOUNT: $ 8,750. 2014 AMOUNT: $ 11,000. 2015 AMOUNT: $ 2,475. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134404 78586 55818 158221 94085 64136 417046 220799 196247 316201 X 30288532 218476 603558 2315729 3137763 27150769 0 27150769 31237214 603558 2315729 2919287 28317927 0 28317927 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, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 2,315,729. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 2,315,729. TPC BENEFIT 13490878 13228228 262650 1267470 313282 430853 198994 VANCE JOY 90149 72289 17860 15403 2384 85000 2343 13581027 13300517 280510 1282873 315666 515853 201337 2315729 -2035219 1 ASPIRE PUBLIC SCHOOLS 1001 22ND AVE STE 100 OAKLAND CA 94606 943311088 501(C)(3) 1235000 GENERAL OPERATING SUPPORT BEYOND 12 901 MISSION ST STE 205 SAN FRANCISCO CA 94103 271275246 501(C)(3) 400000 GENERAL OPERATING SUPPORT BUILD 2385 BAY RD REDWOOD CITY CA 94063 943386695 501(C)(3) 450000 GENERAL OPERATING SUPPORT BUILDING EDUCATED LEADERS FOR LIFE (BELL) 1200 65TH STREET 233 EMERYVILLE CA 94608 043182053 501(C)(3) 200000 GENERAL OPERATING SUPPORT CALIBER SCHOOLS 5100 POTRERO AVE RICHMOND CA 94804 461219795 501(C)(3) 601000 GENERAL OPERATING SUPPORT CANAL ALLIANCE 91 LARKSPUR ST SAN RAFAEL CA 94901 942832648 501(C)(3) 355500 GENERAL OPERATING SUPPORT CENTER FOR EMPLOYMENT OPPORTUNITIES (CEO) 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) 200000 GENERAL OPERATING SUPPORT CHILD TRAUMA RESEARCH PROGRAM (REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DEPARTMENT OF PSYCHIATRY BUILDING 20 STE 2100 ROOM 2124 1001 POTRERO SAN FRANCISCO CA 94110 946036493 501(C)(3) 1269500 GENERAL OPERATING SUPPORT CITIZEN SCHOOLS SOBRATO CENTER FOR NONPROFITS REDWOOD SHORES 330 TWIN DOLPHIN DR REDWOOD CITY CA 94065 043259160 501(C)(3) 125000 GENERAL OPERATING SUPPORT CITY YEAR SAN JOSESILICON VALLEY 1922 THE ALAMEDA STE 104 SAN JOSE CA 95126 222882549 501(C)(3) 390000 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) 675000 GENERAL OPERATING SUPPORT COMPASS FAMILY SERVICES 49 POWELL ST 3RD FLOOR SAN FRANCISCO CA 94102 941156622 501(C)(3) 363000 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 (FPFY) 426 17TH ST OAKLAND CA 94612 943341034 501(C)(3) 750000 GENERAL OPERATING SUPPORT FRESH LIFELINES FOR YOUTH (FLY) 568 VALLEY WAY MILPITAS CA 95035 522234595 501(C)(3) 550000 GENERAL OPERATING SUPPORT GATEWAY TO COLLEGE NATIONAL NETWORK 529 SE GRAND AVE STE 300 PORTLAND OR 97214 320237828 501(C)(3) 160000 GENERAL OPERATING SUPPORT GENESYS WORKS 101 2ND ST STE 500 SAN FRANCISCO CA 94105 461568087 501(C)(3) 275000 GENERAL OPERATING SUPPORT SF STATE GUARDIAN SCHOLARS PROGRAM OFFICE OF UNIVERSITY DEVELOPMENT SAN FRANCISCO STATE UNIVERSITY 1600 SAN FRANCISCO CA 94132 941384645 501(C)(3) 260000 GENERAL OPERATING SUPPORT HOMELESS PRENATAL PROGRAM (HPP) 2500 18TH ST SAN FRANCISCO CA 94110 943146280 501(C)(3) 250000 GENERAL OPERATING SUPPORT JOBTRAIN 1200 OBRIEN DR MENLO PARK CA 940251413 941712371 501(C)(3) 275000 GENERAL OPERATING SUPPORT KIPP BAY AREA SCHOOLS 1404 FRANKLIN ST STE 500 OAKLAND CA 94612 205010766 501(C)(3) 510000 GENERAL OPERATING SUPPORT LARKIN STREET YOUTH SERVICES (LSYS) 134 GOLDEN GATE AVE SAN FRANCISCO CA 94102 942917999 501(C)(3) 275000 GENERAL OPERATING SUPPORT LIFEMOVES (FORMERLY INNVISION SHELTER NETWORK) 181 CONSTITUTION DR MENLO PARK CA 94025 770160469 501(C)(3) 775000 GENERAL OPERATING SUPPORT MISSION ASSET FUND 3269 MISSION ST SAN FRANCISCO CA 94110 208993652 501(C)(3) 200000 GENERAL OPERATING SUPPORT NEW DOOR VENTURES 3221 20TH ST SAN FRANCISCO CA 94110 942780274 501(C)(3) 315000 GENERAL OPERATING SUPPORT NEW TEACHER CENTER 110 COOPER STREET SUITE 500 SANTA CRUZ CA 95060 133850158 501(C)(3) 350000 GENERAL OPERATING SUPPORT NEXT STEP LEARNING CENTER 2222 CURTIS ST OAKLAND CA 94607 943243557 501(C)(3) 70000 GENERAL OPERATING SUPPORT NURSE-FAMILY PARTNERSHIP (NFP) 1900 GRANT ST STE 400 DENVER CO 80203 200234163 501(C)(3) 385000 GENERAL OPERATING SUPPORT ONE DEGREE 2370 MARKET ST STE 162 SAN FRANCISCO CA 94114 364729392 501(C)(3) 200000 GENERAL OPERATING SUPPORT OPPORTUNITY JUNCTION 3102 DELTA FAIR BLVD ANTIOCH CA 94509 680459131 501(C)(3) 157000 GENERAL OPERATING SUPPORT PREVENT BLINDNESS NORTHERN CALIFORNIA 1388 SUTTER ST STE 408 SAN FRANCISCO CA 94109 946139663 501(C)(3) 50000 GENERAL OPERATING SUPPORT PROSPERA 1904 FRANKLIN ST STE 801 OAKLAND CA 94612 770373186 501(C)(3) 150000 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) 760000 GENERAL OPERATING SUPPORT THE RESET FOUNDATION THE RESET FOUNDATION 1500 MISSION ST SAN FRANCISCO CA 94103 043396766 501(C)(3) 350000 GENERAL OPERATING SUPPORT ROCKETSHIP EDUCATION 350 TWIN DOLPHIN DR STE 109 REDWOOD CITY CA 94065 204040597 501(C)(3) 500000 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) 242000 GENERAL OPERATING SUPPORT SHELTER INC 1333 WILLOW PASS RD CONCORD CA 94520 680117241 501(C)(3) 300000 GENERAL OPERATING SUPPORT STANFORD SCHOOL OF MEDICINE (DEPARTMENT OF PSYCHIATRY AND BEHAVIORAL SCIENC MAIN ADMINISTRATION 401 QUARRY RD PALO ALTO CA 94305 941156365 501(C)(3) 344988 GENERAL OPERATING SUPPORT SUNNY HILLS SERVICES 300 SUNNY HILLS DR SAN ANSELMO CA 94960 941156301 501(C)(3) 150000 GENERAL OPERATING SUPPORT TEACH FOR AMERICA 940 HOWARD ST SAN FRANCISCO CA 94103 133541913 501(C)(3) 475000 GENERAL OPERATING SUPPORT THE BREAD PROJECT 1615 UNIVERSITY AVE BERKELEY CA 94703 943363920 501(C)(3) 125000 GENERAL OPERATING SUPPORT THE STRIDE CENTER 1212 BROADWAY STE 400 OAKLAND CA 94612 943333571 501(C)(3) 335000 GENERAL OPERATING SUPPORT UJIMA FAMILY RECOVERY SERVICES 1901 CHURCH LN SAN PABLO CA 94806 680127450 501(C)(3) 125000 GENERAL OPERATING SUPPORT UPWARDLY GLOBAL 582 MARKET ST STE 1207 SAN FRANCISCO CA 94104 943346127 501(C)(3) 150000 GENERAL OPERATING SUPPORT YEAR UP 80 SUTTER ST SAN FRANCISCO CA 94104 043534407 501(C)(3) 1000000 GENERAL OPERATING SUPPORT 49 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 0 0 0 0 0 0 0 1 0 REBECCA CHERIN MANAGING DIR, PROGRAM 241959 0 16800 0 0 0 12201 0 8196 0 279156 0 0 0 RENUKA KHER MANAGING DIR, T LAB 224760 0 20080 0 0 0 14520 0 9839 0 269199 0 0 0 JENNIFER PITTS MANAGING DIR, CED 204758 0 16800 0 0 0 16328 0 18603 0 256489 0 0 0 KARINA MORENO MANAGING DIR, PROGRAM 149279 0 6750 0 0 0 11006 0 27647 0 194682 0 0 0 ANDREW NIKLAUS DIRECTOR, IMPACT & LEARNING 144757 0 7000 0 0 0 3067 0 26723 0 181547 0 0 0 KELLY BATHGATE DIRECTOR, STRATEGIC PARTNERSHIPS 143139 0 7000 0 0 0 10465 0 10247 0 170851 0 0 0 JACOB HOBSON DIRECTOR, INIDIVIDUAL GIVING 125016 0 6180 0 0 0 9367 0 27193 0 167756 0 0 0 BLYTHE SMITH DIRECTOR, DEVELOPMENT 119852 0 6750 0 0 0 8984 0 27837 0 163423 0 0 0 PART I, LINE 7 TIPPING POINT'S BOARD AWARDS BONUSES DEPENDING ON THE FINANCIAL CONDITION OF THE ORGANIZATION AND THE INDIVIDUAL PERFORMANCE OF EACH EMPLOYEE. PERFORMANCE REVIEWS INCLUDE AN ASSESSMENT OF EMPLOYEES' PROGRESS IN REACHING THEIR ANNUAL GOALS. IN 2016, THE BOARD REVIEWED AND APPROVED BONUSES FOR EMPLOYEES, WHICH WERE JUDGED REASONABLE. X 25 2325128 FAIR MARKET VALUE X 7 49894 FAIR MARKET VALUE X EVENTS GOODS AND SUPPLIES 15 379780 FMV FROM DONOR 0 0 1 0 PART I, LINE 32B: TIPPING POINT PROCESSES SECURITIES THROUGH A BROKERAGE ACCOUNT, AND IN ACCORDANCE WITH ITS POLICIES, ALL STOCK DONATIONS ARE LIQUIDATED WITHIN 5 DAYS. NON-PUBLICLY TRADED STOCK DONATIONS ARE HELD BY THE DONORS OR AT A THIRD-PARTY SUCH AS COMPUTERSHARE. FORM 990, PART VI, SECTION B, LINE 11 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. 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.