Civic Intelligence

Dollar Point Association Inc

990 • Fiscal year 2021 • EIN 23-7241299

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

PO Box 1490Tahoe City, CA 96145

(530) 583-4487

Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.02x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Net Margin

15th percentile

-9.8%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2021

Asset Growth

15th percentile

-3.9%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

9.0%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,999,709

Down $81,190 (-3.9%) from 2020

Net Assets

Down

$1,983,345

Down $86,039 (-4.2%) from 2020

Liabilities

Up

$16,364

Up $4,849 (+42%) from 2020

Revenue

Up

$876,733

Up $72,284 (+9.0%) from 2020

Expenses

Up

$962,772

Up $99,943 (+12%) from 2020

Net Income

Down

-$86,039

Down $27,659 (-47%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $1,787,510Liabilities 2014: $5,085Net Assets 2014: $1,782,4252014Assets 2015: $1,898,703Liabilities 2015: $4,343Net Assets 2015: $1,894,3602015Assets 2016: $2,046,608Liabilities 2016: $4,333Net Assets 2016: $2,042,2752016Assets 2017: $2,143,537Liabilities 2017: $6,075Net Assets 2017: $2,137,4622017Assets 2018: $2,130,040Liabilities 2018: $1,551Net Assets 2018: $2,128,4892018Assets 2019: $2,130,286Liabilities 2019: $2,522Net Assets 2019: $2,127,7642019Assets 2020: $2,080,899Liabilities 2020: $11,515Net Assets 2020: $2,069,3842020Assets 2021: $1,999,709Liabilities 2021: $16,364Net Assets 2021: $1,983,3452021Assets 2022: $1,982,827Liabilities 2022: $12,390Net Assets 2022: $1,970,4372022Assets 2023: $2,216,842Liabilities 2023: $230,169Net Assets 2023: $1,986,6732023Assets 2024: $2,225,788Liabilities 2024: $243,914Net Assets 2024: $1,981,8742024

Highlighted filing

2021

Assets$1,999,709
Liabilities$16,364
Net Assets$1,983,345

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $607,288Expenses 2014: $531,717Net Income 2014: $75,5712014Revenue 2015: $627,588Expenses 2015: $689,487Net Income 2015: -$61,8992015Revenue 2016: $672,295Expenses 2016: $524,380Net Income 2016: $147,9152016Revenue 2017: $686,905Expenses 2017: $591,718Net Income 2017: $95,1872017Revenue 2018: $682,482Expenses 2018: $691,455Net Income 2018: -$8,9732018Revenue 2019: $698,331Expenses 2019: $699,056Net Income 2019: -$7252019Revenue 2020: $804,449Expenses 2020: $862,829Net Income 2020: -$58,3802020Revenue 2021: $876,733Expenses 2021: $962,772Net Income 2021: -$86,0392021Revenue 2022: $904,024Expenses 2022: $916,932Net Income 2022: -$12,9082022Revenue 2023: $1,041,816Expenses 2023: $1,025,580Net Income 2023: $16,2362023Revenue 2024: $1,180,174Expenses 2024: $1,184,973Net Income 2024: -$4,7992024

Highlighted filing

2021

Revenue$876,733
Expenses$962,772
Net Income-$86,039
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$876,862
Mission and Program Overview

Mission

PLEASURE AND RECREATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,151,491$1,264,235▲ $112,744
Land, Buildings, and Equipment, Net$707,618$628,071▼ $79,547
Cash and Non-Interest-Bearing Accounts$196,514$72,571▼ $123,943
Prepaid Expenses and Deferred Charges$14,042$30,046▲ $16,004
Accounts Receivable$8,900$2,581▼ $6,319
Inventories for Sale or Use$2,334$2,205▼ $129
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-
Total Assets$2,080,899$1,999,709▼ $81,190
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$9,325$13,364▲ $4,039
Deferred Revenue$2,190$3,000▲ $810
Total Liabilities$11,515$16,364▲ $4,849
Net Assets / Fund Balance
Net Assets With Donor Restrictions$931,956$1,001,688▲ $69,732
Net Assets Without Donor Restrictions$1,137,428$981,657▼ $155,771
Total Net Assets Fund Balance$2,069,384$1,983,345▼ $86,039
Total Liabilities and Net Assets / Fund Balance$2,080,899$1,999,709▼ $81,190

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$493,071$1,033,641$1,526,712
Land$135,000-$135,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John CasaudoumecqPresident
Jim KellyVice President
Nate WalkerDirector
Pamela GalyDirector
Scott RoddaDirector
James DonahueSecretary
Mark SwobodaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$815,810
Investment Income
$86
Other Revenue
$60,837
Change in Net Assets
$-86,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$637,024
Salaries, Compensation, and Employee Benefits$325,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$297,361
Insurance---$95,916
Depreciation Depletion---$87,757
Other Expenses---$61,498
All Other Expenses---$32,242
Payroll Taxes---$28,387
Total Functional Expenses$0$0$0$962,772
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Membership in the association is open to the lot owners in the dollar point subdivision and is voluntary, but is required in order to use the recreational amenities.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Directors are elected by a majority of the members at the annual meeting which requires a quorum.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Changes to bylaws must be approved by members

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

Treasurer and manager to review the returns prior to filing.

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

The association's governing documents, policies and financial statements are available upon request and via the member website.

Filing and Contact Details

Filer

Filer Name
Dollar Point Association Inc
EIN
23-7241299
Phone
5305834487
Address
PO BOX 1490, TAHOE CITY, CA 96145

Signing Officer

Name
John Casaudoumecq
Title
President
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Casaudoumecq
Formed
1967
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
27
Volunteers
23

Preparer

Firm
McClintock Accountancy Corp
Address
305 West Lake Boulevard, Tahoe City, CA 96145
Preparer
Kendall Galka
Phone
5305836994
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IN THE ASSOCIATION IS OPEN TO THE LOT OWNERS IN THE DOLLAR POINT SUBDIVISION AND IS VOLUNTARY, BUT IS REQUIRED IN ORDER TO USE THE RECREATIONAL AMENITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS ARE ELECTED BY A MAJORITY OF THE MEMBERS AT THE ANNUAL MEETING WHICH REQUIRES A QUORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES TO BYLAWS MUST BE APPROVED BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TREASURER AND MANAGER TO REVIEW THE RETURNS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSOCIATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND VIA THE MEMBER WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalLiabilitiesEOYAmt016364
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IRS990/TotalLiabilitiesGrp/EOYAmt016364
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01983345
IRS990/TotalProgramServiceRevenueAmt0815810
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0875267
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0876733
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01466
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02080899
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01999709
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1490
IRS990/USAddress/CityNm0TAHOE CITY
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd096145
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0DOLLARPOINT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN CASAUDOUMECQ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOLLAR POINT ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DOLL
ReturnHeader/Filer/EIN0237241299
ReturnHeader/Filer/PhoneNum05305834487
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1490
ReturnHeader/Filer/USAddress/CityNm0TAHOE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd096145
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0942617724
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0McClintock Accountancy Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0305 West Lake Boulevard
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tahoe City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096145
ReturnHeader/PreparerPersonGrp/PhoneNum05305836994
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kendall Galka
ReturnHeader/ReturnTs02022-11-14T12:15:41-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CASAUDOUMECQ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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