Civic Intelligence

The Noel Pointer Foundation Inc.

990 • Fiscal year 2014 • EIN 11-3271472

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

1368 Fulton StreetBrooklyn, NY 11216

(718) 230-4825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.38x

Higher debt load relative to assets than 78% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.09x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

58th percentile

6.0%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

51st percentile

2.5%

Faster asset growth than 51% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

60th percentile

9.3%

Faster revenue growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$199,835

Up $4,868 (+2.5%) from 2013

Net Assets

Up

$123,731

Up $50,773 (+70%) from 2013

Liabilities

Down

$76,104

Down $45,905 (-38%) from 2013

Revenue

Up

$853,198

Up $72,458 (+9.3%) from 2013

Expenses

Up

$802,425

Up $30,677 (+4.0%) from 2013

Net Income

Up

$50,773

Up $41,781 (+465%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $115,794Liabilities 2010: $118,825Net Assets 2010: -$3,0312010Assets 2011: $139,029Liabilities 2011: $132,037Net Assets 2011: $6,9922011Assets 2012: $218,390Liabilities 2012: $154,424Net Assets 2012: $63,9662012Assets 2013: $194,967Liabilities 2013: $122,009Net Assets 2013: $72,9582013Assets 2014: $199,835Liabilities 2014: $76,104Net Assets 2014: $123,7312014Assets 2015: $221,346Liabilities 2015: $94,879Net Assets 2015: $126,4672015Assets 2016: $181,147Liabilities 2016: $89,230Net Assets 2016: $91,9172016Assets 2017: $214,050Liabilities 2017: $133,303Net Assets 2017: $80,7472017Assets 2018: $252,169Liabilities 2018: $145,304Net Assets 2018: $106,8652018Assets 2019: $215,887Liabilities 2019: $190,151Net Assets 2019: $25,7362019Assets 2020: $304,946Liabilities 2020: $25,033Net Assets 2020: $279,9132020Assets 2021: $615,762Liabilities 2021: $50,023Net Assets 2021: $565,7392021Assets 2023: $1,059,782Liabilities 2023: $111,814Net Assets 2023: $947,9682023Assets 2024: $1,799,594Liabilities 2024: $154,215Net Assets 2024: $1,645,3792024

Highlighted filing

2014

Assets$199,835
Liabilities$76,104
Net Assets$123,731

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $612,4482010Expenses 2011: $689,8102011Revenue 2012: $796,481Expenses 2012: $739,507Net Income 2012: $56,9742012Revenue 2013: $780,740Expenses 2013: $771,748Net Income 2013: $8,9922013Revenue 2014: $853,198Expenses 2014: $802,425Net Income 2014: $50,7732014Revenue 2015: $853,961Expenses 2015: $851,225Net Income 2015: $2,7362015Revenue 2016: $893,711Expenses 2016: $928,261Net Income 2016: -$34,5502016Revenue 2017: $1,037,227Expenses 2017: $1,048,397Net Income 2017: -$11,1702017Revenue 2018: $1,235,132Expenses 2018: $1,209,015Net Income 2018: $26,1172018Revenue 2019: $1,206,356Expenses 2019: $1,287,485Net Income 2019: -$81,1292019Revenue 2020: $1,348,688Expenses 2020: $1,094,511Net Income 2020: $254,1772020Revenue 2021: $1,354,086Expenses 2021: $1,068,260Net Income 2021: $285,8262021Revenue 2023: $2,043,810Expenses 2023: $1,895,084Net Income 2023: $148,7262023Revenue 2024: $2,576,376Expenses 2024: $1,947,220Net Income 2024: $629,1562024

Highlighted filing

2014

Revenue$853,198
Expenses$802,425
Net Income$50,773
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$853,198
Mission and Program Overview

Mission

Provide educational services for music instruction in new york city

SEE ATTACHED STATEMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$92,427$103,650▲ $11,223
Cash and Non-Interest-Bearing Accounts$101,645$85,174▼ $16,471
Land, Buildings, and Equipment, Net-$11,011-
Prepaid Expenses and Deferred Charges$895$0▼ $895
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$194,967$199,835▲ $4,868
Other Assets Total-$0-
Liabilities
Deferred Revenue$105,605$35,367▼ $70,238
Accounts Payable and Accrued Expenses$12,436$30,903▲ $18,467
Unsecured Notes Loans Payable-$5,867-
Other Liabilities$3,968$3,967▼ $1
Total Liabilities$122,009$76,104▼ $45,905
Net Assets / Fund Balance
Unrestricted Net Assets$72,958$123,731▲ $50,773
Total Net Assets Fund Balance$72,958$123,731▲ $50,773
Total Liabilities and Net Assets / Fund Balance$194,967$199,835▲ $4,868

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,011$408$11,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chinita PointerMemberFT$97,475$97,475

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$300,365
Program Service Revenue
$552,805
Investment Income
$28
Other Revenue
$0
All Other Contributions
$100,209
Change in Net Assets
$50,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$853,198
Total Revenue per Audited Statements
$853,198
Total Revenue per Form 990
$853,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$511,809
Salaries, Compensation, and Employee Benefits$290,616
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$339,178--$339,178
Other Salaries and Wages$136,666$11,884-$148,550
Current Officers, Directors, Trustees, and Key Employees$89,677$7,798-$97,475
Other Employee Benefits$23,709$2,061-$25,770
Occupancy$21,056$2,340-$23,396
Payroll Taxes$17,315$1,506-$18,821
All Other Expenses$13,636$1,994-$15,630
Office Expenses$9,671$1,075-$10,746
Travel$6,927$770-$7,697
Fees for Services Accounting-$7,500-$7,500
Other Expenses$4,814$1,203-$6,017
Insurance-$3,392-$3,392
Depreciation Depletion$408--$408
Total Functional Expenses$760,902$41,523$0$802,425

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$802,425
Total Expenses per Audited Statements$802,425
Total Expenses per Form 990$802,425
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Pta$3,967
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The ceo of the organization reviews the 990 and then presents it to the board of directors

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization requires all officers and board members to report any conflicts of interest

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Forms are made available upon request

Filing and Contact Details

Filer

Filer Name
The Noel Pointer Foundation Inc
EIN
11-3271472
Phone
7182304825
Address
1368 FULTON STREET, BROOKLYN, NY 11216

Signing Officer

Name
Chinita Pointer
Title
CEO
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chinita Pointer
Formed
1995
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
18

Preparer

Firm
Michael C Allen & Co CPAs PLLC
Address
1983 Marcus Ave Suite 137, Lake Success, NY 11042
Preparer
Gary M Flaum CPA
Phone
5167753000
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - PAGE 1, PART I, LINE 1NPF was founded in memory of celebrated jazz violinist, educator, and humanitarian, Noel Pointer. As an African-American Noel Pointer believed that learning to play a string instrument is a wonderful activity and a transformative experience that opens up new opportunities for children, particularly children in the inner city and disadvantaged area. The Noel Pointer School of Music (NPSM) program held its first class in the Marcus Garvey Elementary School (PS 44), with 18 children in attendance. By its 5th year, the NPSM program was in 21 public schools and 3 day care centers. Today, thanks to our active Board, devoted staff and teachers commitments, the NPFMP is one of the only string music programs in Bedford-Stuyvesant, Brownsville, and Crown Heights three of the most economically disadvantaged neighborhoods in New York City. Currently NPF administers twenty four String Music Programs teaching children ages 3 to 17. The breakdown of these programs are as follows: 14 in-curriculum music programs (which meet during the school day), at Little Sun People Early Childcare, Cultural Arts Academy Charter School, PS 9, PS 38, PS 69K, PS 69SI, PS 160, PS 200, PS 249, PS 307, PS 325, PS 399, Susan S. McKinney High School for the Arts and Bushwick Leaders Academy High School. We provide 10 after school programs in the following schools: PS 26, PS 44, PS 93, PS 107, PS 262, PS 282, Brooklyn Dreams Academy Charter School, Middle School 340, Frederick Douglas Academy #8 and Eagle Academy for Young Boys. Altogether, our music programs currently provide instruction to more than 1,000 children.

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IRS990/ProgramServiceRevenueGrp/Desc0Music education fees
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IRS990/ProgSrvcAccomActy2Grp/Desc0NYC DEPT OF EDUCATION PROGRAMS AND MENTORING FOR LOW INCOME URBAN FAMILIES. MUSIC INSTRUCTIONS FOR STRING INSTRUMENTS IN AFTER SCHOOL AND DAY PROGRAMS MAINTAINED AT PUBLIC SCHOOLS. TEACH VARIOUS MUSIC PROGRAMS SUCH AS: SITE READING, THEORY, APPRECIATION, HISTORY, TECHNIQUE AND PERFORMANCE PERSPECTIVES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0254304
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IRS990/ProgSrvcAccomActy3Grp/Desc0DEPARTMENT OF CULTURAL AFFAIRS OUTREACH MUSIC PROGRAM. AN AFTER SCHOOL PROGRAM WHICH TEACHES NYC DEPT OF EDUCATION PROGRAMS AND MENTORING FOR LOW INCOME URBAN FAMILIES. MUSIC INSTRUCTIONS FOR STRING INSTRUMENTS IN AFTER SCHOOL AND DAY PROGRAMS MAINTAINED AT PUBLIC SCHOOLS. TEACH VARIOUS MUSIC PROGRAMS SUCH AS: SITE READING, THEORY, APPRECIATION, HISTORY, TECHNIQUE AND PERFORMANCE PERSPECTIVES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - PAGE 1, PART I, LINE 1NPF was founded in memory of celebrated jazz violinist, educator, and humanitarian, Noel Pointer. As an African-American Noel Pointer believed that learning to play a string instrument is a wonderful activity and a transformative experience that opens up new opportunities for children, particularly children in the inner city and disadvantaged area. The Noel Pointer School of Music (NPSM) program held its first class in the Marcus Garvey Elementary School (PS 44), with 18 children in attendance. By its 5th year, the NPSM program was in 21 public schools and 3 day care centers. Today, thanks to our active Board, devoted staff and teachers commitments, the NPFMP is one of the only string music programs in Bedford-Stuyvesant, Brownsville, and Crown Heights three of the most economically disadvantaged neighborhoods in New York City. Currently NPF administers twenty four String Music Programs teaching children ages 3 to 17. The breakdown of these programs are as follows: 14 in-curriculum music programs (which meet during the school day), at Little Sun People Early Childcare, Cultural Arts Academy Charter School, PS 9, PS 38, PS 69K, PS 69SI, PS 160, PS 200, PS 249, PS 307, PS 325, PS 399, Susan S. McKinney High School for the Arts and Bushwick Leaders Academy High School. We provide 10 after school programs in the following schools: PS 26, PS 44, PS 93, PS 107, PS 262, PS 282, Brooklyn Dreams Academy Charter School, Middle School 340, Frederick Douglas Academy #8 and Eagle Academy for Young Boys. Altogether, our music programs currently provide instruction to more than 1,000 children.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO OF THE ORGANIZATION REVIEWS THE 990 AND THEN PRESENTS IT TO THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES ALL OFFICERS AND BOARD MEMBERS TO REPORT ANY CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORMS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.15$1.65$2.58$1.95$0.63
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.11$0.95$2.04$1.90$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.05$0.57$1.35$1.07$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.03$0.28$1.35$1.09$0.25
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.19$0.03$1.21$1.29$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.15$0.11$1.24$1.21$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.13$0.08$1.04$1.05$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.09$0.09$0.89$0.93$0.03
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.22$0.09$0.13$0.85$0.85$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.08$0.12$0.85$0.80$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.12$0.07$0.78$0.77$0.01
2012Summary only. Only limited summary data is available for this year.$0.22$0.15$0.06$0.80$0.74$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.13$0.01$0.69
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.12$0.00$0.61