POINT FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- POINT FOUNDATION (EIN 84-1582086)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-01-25
- IRS object ID
- 201740259349301234
- Schema version
- 2015v3.0
- 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 | 2017-01-25T15:53:05-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | 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 | 2015-07-01 | 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 | 2017-01-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAUREN A HAVERLOCK | PreparerPersonNm |
| PTIN | P00545829 | PTIN |
| Phone | 3108731600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | 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 | $5,330,973 | 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 | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 27 | TotalEmployeeCnt |
| Total Volunteers | 408 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,330,407 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,019,511 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $574,868 | PYInvestmentIncomeAmt |
| CY Investment Income | $216,837 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$356,840 | CYOtherRevenueAmt |
| PY Total Revenue | $6,905,275 | PYTotalRevenueAmt |
| CY Total Revenue | $3,879,508 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $803,364 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $846,781 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,853,270 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,067,654 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $42,104 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $54,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $691,531 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,552,528 | PYOtherExpensesAmt |
| CY Other Expenses | $1,400,991 | CYOtherExpensesAmt |
| PY Total Expenses | $4,251,266 | PYTotalExpensesAmt |
| CY Total Expenses | $4,369,426 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,654,009 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$489,918 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,563,608 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,970,290 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $308,042 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $423,182 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,255,566 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,547,108 | 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 | $1,456,997 | ExpenseAmt |
| Grant | $773,468 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIP & SCHOLAR SUPPORT: FOR THE 2015/16 ACADEMIC YEAR, 1,998 SCHOLARSHIP APPLICATIONS WERE COMPLETED AND SUBMITTED TO POINT. AFTER AN INTENSIVE REVIEW PROCESS, THE POOL WAS NARROWED DOWN TO 525 SEMIFINALISTS. AFTER FURTHER EVALUATION, 47 FINALISTS WERE BROUGHT TO LOS ANGELES FOR A FINALIST CELEBRATION DINNER AND FINAL INTERVIEWS. OF THE FINALISTS, 36 WERE SELECTED AS NEW SCHOLARS, JOINING 47 CONTINUING SCHOLARS FOR THE 2015/16 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.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. 80 COMMUNITY SERVICE PROJECTS WERE COMPLETED IN THE SPRING OF 2016. 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 HIGH SCHOOL MENTORING PROGRAM FOR INCREASING LGBTQ DIVERSITY IN STEM FIELDS; (2) A TRAINING PROGRAM FOR HEALTHCARE PROVIDERS ON BEST PRACTICES FOR CARING FOR TRANSGENDER PATIENTS; (3) A LEADERSHIP DEVELOPMENT PROGRAM PROVIDING POLITICAL TRAINING FOR LGBTQ YOUTH. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $785,600 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| 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 2015/2016, POINT HOSTED LEAD CONSORTIUMS FOCUSED ON BUSINESS AND HEALTH/MEDICINE. THE BUSINESS, CONSULTING & FINANCE LEAD CONSORTIUM WAS HELD IN NEW YORK CITY IN JULY 2015. THE CONFERENCE KICKED OFF WITH A DYNAMIC PRESENTATION BY DENNIS WILLIAMS, HBO VICE PRESIDENT, CORPORATE SOCIAL RESPONSIBILITY. THE OPENING SESSION WAS FOLLOWED BY A DINNER SESSION ON NETWORKING LED BY POINT EXECUTIVE DIRECTOR & CEO JORGE VALENCIA, AND ATTENDED BY SCHOLARS, ALUMS, BOARD MEMBERS, MEMBERS, AND GUESTS FROM WELLS FARGO, ERNST & YOUNG, KPMG AND TOWERS WATSON. SCHOLARS THEN PARTICIPATED IN JOB SHADOWS WITH WELLS FARGO, ERNST & YOUNG, NYC COUNCILMEMBER RITCHIE TORRES, NYU LUTHERAN MEDICAL ARTS PAVILION, AND OTHERS. FOLLOWING JOB SHADOWS, CONFERENCE ATTENDEES WERE INVITED TO WELLS FARGO FOR AN EXCLUSIVE TOUR OF THE TRADING FLOOR AND ADDITIONAL FINANCE SESSIONS PRESENTED BY WELLS FARGO'S TOP EXECUTIVES. OTHER INSTRUCTIONAL SESSIONS AND PANELS DURING THE WEEKEND INCLUDED HOW TO GET HIRED: FROM RESUMES TO INTERVIEWS; IDENTITIES IN THE WORKPLACE; AND HOW I GOT HERE. THESE SESSIONS WERE LED BY REPRESENTATIVES OF KPMG, PWC, TIME WARNER, INC., IMMIGRATION EQUALITY, ACCENTURE, EMBLEM HEALTH, AND THE BARCLAYS CENTER.THE HEALTH & MEDICINE LEAD CONSORTIUM, WAS HELD IN JANUARY 2016 IN SAN FRANCISCO GATHERING OVER 60 MEMBERS OF THE POINT COMMUNITY SPECIALIZING WITHIN THE FIELDS. GUEST SPEAKERS AND PANELISTS COVERED A WIDE RANGE OF SUBJECTS INCLUDING: LGBT HEALTH RESEARCH, PATHWAYS TO MEDICAL SCHOOL, HEALTH POLICY CAREERS, MEDICAL-LEGAL PARTNERSHIPS, AND HIV HEALTHCARE. A HIGHLIGHT OF THE WEEKEND WAS HEARING FROM THE FIRST GROUP OF 12 SCHOLARS WHO COMPLETED INTERNSHIPS GENEROUSLY FUNDED BY THE ELTON JOHN AIDS FOUNDATION (EJAF). SCOTT CAMPBELL, EXECUTIVE DIRECTOR OF EJAF, MODERATED A PANEL FEATURING SCHOLARS REPORTING BACK ON INTERNSHIP EXPERIENCES WITH HIV PREVENTION OUTREACH AT ORGANIZATIONS AROUND THE U.S. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $423,584 | ExpenseAmt |
| Grant | $3,600 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLAR SELECTIONS: WHILE CURRENT SCHOLARS WORKED THEIR WAY THROUGH THE ACADEMIC YEAR, POINT WENT ABOUT THE BUSINESS OF SELECTING SCHOLARS FOR THE 2016/17 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 POINT'S MOST DIVERSE SCHOLAR CLASS TO DATE: 50 PERCENT OF THE NEW SCHOLARS ARE PEOPLE OF COLOR; 36 PERCENT OF THE NEW SCHOLARS ARE THE FIRST-GENERATION IN THEIR FAMILY TO GO TO COLLEGE; 41 PERCENT OF THE NEW SCHOLARS IDENTIFY AS EITHER TRANSGENDER OR GENDER NONCONFORMING; AND THE ENTIRE CLASS REPRESENTS 17 STATES AND THREE COUNTRIES.FROM NOVEMBER 2015 TO JANUARY 2016, 1,998 HOPEFUL STUDENTS SUBMITTED SCHOLARSHIP APPLICATIONS FOR THE 2016/17 ACADEMIC YEAR. AFTER THE FIRST STAGE OF REVIEWS, THE SELECTIONS COMMITTEE IDENTIFIED 525 SEMIFINALISTS. DURING THE NEXT ROUND OF SELECTIONS, 47 FINALISTS WERE CHOSEN. ULTIMATELY, 22 NEW SCHOLARS WERE SELECTED TO JOIN 51 CONTINUING SCHOLARS FOR THE 2016/17 ACADEMIC YEAR. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $568,418 | ExpenseAmt |
| Grant | $69,713 | GrantAmt |
| Desc | SCHOLAR MENTORING: POINT MENTORS WERE SELECTED AND ASSIGNED TO EACH OF THE 36 NEW SCHOLARS WHO JOINED POINT IN 2015/16. TRAINING AND SUPPORT FOR MENTORS WAS PROVIDED BY WAY OF TWO OPEN FORUMS ONE IN THE FALL AND ONE IN THE 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 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.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 LAUNCHED 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, ORGANIZATION WERE SERVED IN SAN FRANCISCO, OAKLAND, LOS ANGELES, PHILADELPHIA, CHICAGO, AND BIRMINGHAM, ALABAMA. FOR THE FIFTH 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 2016, POINT SCHOLAR NICOLE STERLING SERVED AS AN INTERN AT THE INTERNATIONAL YOUTH FOUNDATION (IYF) WHERE SHE LEARNED ABOUT THE INTERSECTION OF LGBTQ ISSUES AND INTERNATIONAL YOUTH DEVELOPMENT.ALUMNI: IN 2015/2016 POINT ENGAGED IN EFFORTS TO RESTRUCTURE ITS PROGRAMS FOR ALUMNI. AS PART OF THESE EFFORTS, A RECORD BREAKING NUMBER OF 68 ALUMNI CONVENED AT THE NLC WITH MODERATOR NICOLE ALLIO, ASSISTANT DIRECTOR OF YOUNG ALUMNI PROGRAMS AT GEORGE WASHINGTON UNIVERSITY TO DISCUSS BEST PRACTICES FOR BUILDING A DYNAMIC AND SUSTAINABLE ALUMNI COMMUNITY. THIS DISCUSSION ALLOWED POINT ALUMNI AND PROGRAM STAFF TO EXPLORE IDEAS ON HOW ALUMNI CAN BETTER SUPPORT EACH OTHER, THE SCHOLARS, AND REENGAGE LAPSED ALUMNI. FOR THE UPCOMING YEAR, POINT HAS PROPOSED TO SHIFTS ITS ALUMNI PROGRAMMING TO A REGIONAL FOCUS. THIS WILL BETTER ESTABLISH NETWORKS FOR POINT ALUMNI AND ENCOURAGE THAT THEY PLAN EVENTS AND ACTIVITIES WITH THEIR OWN RESOURCES THAT ADDRESS THE NEEDS OF THEIR LOCAL GROUP. OVER THE PAST YEAR, THE ALUMNI RELATIONS SUBCOMMITTEE HAS PRODUCED TWO FUNDRAISING EVENTS FOR YOUNG PROFESSIONALS IN NEW YORK AND SAN FRANCISCO. BY JUNE 2016 THE TOTAL NUMBER OF POINT ALUMNI WAS 244. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $568,418 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $69,713 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $3,234,599 | 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 | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 27 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | 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 | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|
| KEVIN CHASE | |||||||
| CO-CHAIR | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES CUMMINGS | |||||||
| CO-CHAIR | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JENNIFER BARBETTA | |||||||
| VICE CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RON RUDOLPH | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GAUTAM RAGHAVAN | |||||||
| SECRETARY | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GLEN ACKERMAN | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| SHARON BRACKETT | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAUDIA CAINE | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MITCH DRAIZIN | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| RON FALCON MD | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS GARY | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ALAN GUNO | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| KIM HACKFORD-PEER | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ASHLAND JOHNSON | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| RYAN MILLER | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDY ORTIZ | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CALEN OUELLETTE | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES PATTON III | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN PENCE | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAY PETRE | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CASEY RYAN | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| KYLE SPAINHOUR | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN STIFFLER | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN THAXTON | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES WILLIAMS | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN WOLFARTH | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS BAKER | |||||||
| BOARD MEMBER | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS BOYLE | |||||||
| BOARD MEMBER | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| SHELLEY FREEMAN | |||||||
| BOARD MEMBER | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD ZIEGELASCH | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| SALMAN AZHAR MD | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JORGE VALENCIA | |||||||
| EXECUTIVE DIRECTOR & CEO | 65.00 | Yes (X) | $285,988 | $0 | $9,879 | ||
| SCOTT ARNESON | |||||||
| CFO | 50.00 | Yes (X) | $129,722 | $0 | $11,250 | ||
| NANCI GLOGAUER | |||||||
| CHIEF OF STAFF | 55.00 | $138,717 | $0 | $4,262 | Yes (X) | ||
| HECTOR D GARZA | |||||||
| DEVELOPMENT DIRECTOR - EAST | 50.00 | $115,315 | $0 | $6,714 | Yes (X) | ||
| ADAM D CROWLEY | |||||||
| DEVELOPMENT DIRECTOR - WEST | 50.00 | $100,987 | $0 | $6,592 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $770,729 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $38,697 | 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 | $732,137 | FundraisingAmt |
| All Other Contributions | $3,287,374 | AllOtherContributionsAmt |
| Noncash Contributions | $67,903 | NoncashContributionsAmt |
| Total Contributions | $4,019,511 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $202,166 | TotalRevenueColumnAmt |
| Exclusion | $202,166 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $947,456 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $932,785 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,671 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,671 | TotalRevenueColumnAmt |
| Exclusion | $14,671 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $141,796 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $732,137 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $518,680 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$376,884 | TotalRevenueColumnAmt |
| Exclusion | -$376,884 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $20,044 | TotalRevenueColumnAmt |
| Exclusion | $20,044 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $20,044 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,879,508 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$140,003 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $3,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $843,781 | TotalAmt |
| Program Services | $843,781 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $454,600 | TotalAmt |
| Program Services | $294,365 | ProgramServicesAmt |
| Management And General | $57,615 | ManagementAndGeneralAmt |
| Fundraising | $102,620 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,325,713 | TotalAmt |
| Program Services | $858,432 | ProgramServicesAmt |
| Management And General | $168,018 | ManagementAndGeneralAmt |
| Fundraising | $299,263 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,469 | TotalAmt |
| Program Services | $85,776 | ProgramServicesAmt |
| Management And General | $16,789 | ManagementAndGeneralAmt |
| Fundraising | $29,904 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,872 | TotalAmt |
| Program Services | $100,284 | ProgramServicesAmt |
| Management And General | $19,628 | ManagementAndGeneralAmt |
| Fundraising | $34,960 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,778 | TotalAmt |
| Management And General | $3,778 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,100 | TotalAmt |
| Management And General | $31,100 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,000 | TotalAmt |
| Fundraising | $54,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,778 | TotalAmt |
| Management And General | $9,778 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,627 | TotalAmt |
| Program Services | $13,627 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,650 | TotalAmt |
| Program Services | $192,367 | ProgramServicesAmt |
| Management And General | $68,165 | ManagementAndGeneralAmt |
| Fundraising | $24,118 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,657 | TotalAmt |
| Program Services | $1,657 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,215 | TotalAmt |
| Program Services | $93,204 | ProgramServicesAmt |
| Management And General | $15,263 | ManagementAndGeneralAmt |
| Fundraising | $7,748 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,974 | TotalAmt |
| Program Services | $132,754 | ProgramServicesAmt |
| Management And General | $12,930 | ManagementAndGeneralAmt |
| Fundraising | $38,290 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,141 | TotalAmt |
| Management And General | $7,141 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,046 | TotalAmt |
| Program Services | $71,415 | ProgramServicesAmt |
| Management And General | $11,695 | ManagementAndGeneralAmt |
| Fundraising | $5,936 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,025 | TotalAmt |
| Program Services | $14,456 | ProgramServicesAmt |
| Management And General | $2,367 | ManagementAndGeneralAmt |
| Fundraising | $1,202 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PUBLIC AWARENESS/PROMO. | $241,334 | $199,433 | $12,256 | $29,645 |
| LEADERSHIP/ALUMNI CONF. | $158,965 | $158,965 | ||
| LEADERSHIP TRAINING EXP | $129,738 | $65,893 | $63,845 | |
| OTHER SCHOLARSHIP EXP. | $99,650 | $99,650 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,313 | TotalAmt |
| Program Services | $5,540 | ProgramServicesAmt |
| Management And General | $6,773 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,369,426 | TotalAmt |
| Program Services | $3,234,599 | ProgramServicesAmt |
| Management And General | $443,296 | ManagementAndGeneralAmt |
| Fundraising | $691,531 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $744,638 | BOYAmt |
| EOY | $993,903 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $980,476 | BOYAmt |
| EOY | $1,505,289 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,130,714 | BOYAmt |
| EOY | $1,809,345 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,665 | BOYAmt |
| EOY | $83,358 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $428,703 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $286,576 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,217 | BOYAmt |
| EOY | $142,127 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,463,627 | BOYAmt |
| EOY | $5,336,278 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,271 | BOYAmt |
| EOY | $99,990 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,563,608 | BOYAmt |
| EOY | $9,970,290 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,042 | BOYAmt |
| EOY | $423,182 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,042 | BOYAmt |
| EOY | $423,182 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,795,335 | BOYAmt |
| EOY | $3,302,549 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,142,744 | BOYAmt |
| EOY | $3,862,226 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,317,487 | BOYAmt |
| EOY | $2,382,333 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,255,566 | BOYAmt |
| EOY | $9,547,108 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,563,608 | BOYAmt |
| EOY | $9,970,290 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$489,918 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$151,016 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$67,524 | 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 | $4,300,933 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,358,063 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,604,916 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,330,407 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,019,511 | CurrentTaxYearAmt |
| Total | $21,613,830 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,300,933 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,358,063 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,604,916 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,330,407 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,019,511 | CurrentTaxYearAmt |
| Total | $21,613,830 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,811,121 | SubstantialContributorsTotAmt |
| Public Support Total170 | $17,802,709 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,385 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $97,396 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $191,083 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $272,952 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $202,166 | CurrentTaxYearAmt |
| Total | $828,982 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $20,044 | CurrentTaxYearAmt |
| Total | $20,044 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $22,462,856 | TotalSupportAmt |
| Public Support CY170 | 0.79250 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79170 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,702,219 | 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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,820,101 | BeginningYearBalanceAmt |
| Contributions | $630,215 | ContributionsAmt |
| Investment Earnings Or Losses | $402,604 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $93,161 | OtherExpendituresAmt |
| End Year Balance | $4,759,759 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,255,334 | BeginningYearBalanceAmt |
| Contributions | $638,060 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,842 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $67,451 | OtherExpendituresAmt |
| End Year Balance | $3,820,101 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.47000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.41000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.12000 | 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 | $9,110 | DepreciationAmt |
| Book Value | $18,057 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $401,536 | OtherCostOrOtherBasisAmt |
| Depreciation | $277,466 | DepreciationAmt |
| Book Value | $124,070 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $142,127 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $3,811,216 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$151,016 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $150,248 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$768 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,811,984 | RevenueSubtotalAmt |
| Other Revenues Not Included | $67,524 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $67,524 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,879,508 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,519,674 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $150,248 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $150,248 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,369,426 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,369,426 | 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 67,524. |
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 | $271,507 | GrossReceiptsAmt |
| Retained By Contractor | $54,000 | RetainedByContractorAmt |
| Net To Organization | $217,507 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $271,507 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $54,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $217,507 | 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 | $471,350 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $395,750 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $75,600 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $46,835 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $62,553 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $68,844 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $47,571 | OtherDirectExpensesEvent1Amt |
| Event2 | LA VOICES ON POINT | Event2Nm |
| Gross Receipts Event2 | $361,059 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $318,563 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $42,496 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $6,574 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $87,678 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $63,700 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $27,736 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $41,524 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $17,824 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $23,700 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $17,490 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $22,999 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $62,126 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $4,574 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $873,933 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $732,137 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $141,796 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $70,899 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $173,230 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $194,670 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $79,881 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $518,680 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$376,884 | 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 | 111 | RecipientCnt |
| Cash Grant | $843,781 | 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) |
|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JORGE VALENCIA | PersonNm |
| Title | EXECUTIVE DIRECTOR & CEO | TitleTxt |
| Base Compensation Filing Org | $238,056 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $47,932 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $9,879 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $295,867 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE CEO RECEIVED A BONUS IN THE CURRENT 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 | $67,903 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | NON CASH DONATIONS ARE LISTED BY TOTAL NUMBER OF DONORS |
| PART I, LINE 32B: | THE ORGANIZATION'S BROKER IS UNDER A STANDING ORDER TO SELL ALL STOCK GIFTS WHEN RECEIVED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 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 -67,524. |
| 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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