Point Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,008,841 | 1,124,796 | −115,955 | 0.7 | 54% |
| 2012 | 1,252,297 | 972,888 | 279,409 | 4.2 | 51% |
| 2013 | 1,130,312 | 1,140,654 | −10,342 | 3.5 | 49% |
| 2014 | 1,050,711 | 1,070,174 | −19,463 | 3.5 | 55% |
| 2015 | 1,113,882 | 1,139,696 | −25,814 | 3.0 | 48% |
| 2016 | 1,224,671 | 1,229,692 | −5,021 | 2.7 | 48% |
| 2017 | 1,491,678 | 1,357,797 | 133,881 | 3.7 | 50% |
| 2018 | 2,161,749 | 1,904,942 | 256,807 | 4.1 | 43% |
| 2019 | 1,936,189 | 1,926,940 | 9,249 | 4.1 | 46% |
| 2020 | 1,641,585 | 1,638,506 | 3,079 | 4.8 | 55% |
| 2021 | 2,049,500 | 1,483,025 | 566,475 | 9.9 | 55% |
| 2022 | 1,991,358 | 1,721,091 | 270,267 | 10.4 | 52% |
| 2023 | 1,947,743 | 1,996,634 | −48,891 | 8.7 | 54% |
In its most recent public year (2023), this organization spent $48,891 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 0.7 in 2011. Staff pay was 54% of spending. $228,525 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Point Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works