Civic Intelligence

Point Positive Inc

990EZ • Fiscal year 2015 • EIN 46-4188756

Jan 01, 2015 to Dec 31, 2015 • Filed on May 09, 2016

Organization Profilewww.pointpositiveadk.com
PO Box 1281Saranac Lake, NY 12983

(518) 354-0202

Siviq Scores

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

Liabilities / Assets

91st percentile

0.72x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.07x

Higher debt load relative to revenue than 72% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Net Margin

48th percentile

3.5%

Higher net margin than 48% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Top Officer Pay

77th percentile

$750

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-59%

Faster asset growth than 6% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

78th percentile

26%

Faster revenue growth than 78% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$4,158

Down $5,913 (-59%) from 2014

Net Assets

Up

$1,158

Up $1,587 (+370%) from 2014

Liabilities

Down

$3,000

Down $7,500 (-71%) from 2014

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin48th percentile

Revenue

Up

$46,000

Up $9,615 (+26%) from 2014

Expenses

Up

$44,413

Up $7,599 (+21%) from 2014

Net Income

Up

$1,587

Up $2,016 (+470%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$15K$10K$5.0K$0-$5.0KAssets 2014: $10,071Liabilities 2014: $10,500Net Assets 2014: -$4292014Assets 2015: $4,158Liabilities 2015: $3,000Net Assets 2015: $1,1582015Assets 2016: $745Liabilities 2016: $02016Assets 2017: $1,568Liabilities 2017: $02017Assets 2018: $1,329Liabilities 2018: $02018Assets 2019: $2,362Liabilities 2019: $02019Assets 2020: $3,923Liabilities 2020: $0Net Assets 2020: $3,9232020Assets 2021: $2,890Liabilities 2021: $0Net Assets 2021: $2,8902021Assets 2022: $4,387Liabilities 2022: $0Net Assets 2022: $4,3872022Assets 2023: $5,108Liabilities 2023: $0Net Assets 2023: $5,1082023Assets 2024: $1,785Liabilities 2024: $0Net Assets 2024: $1,7852024

Highlighted filing

2015

Assets$4,158
Liabilities$3,000
Net Assets$1,158
Open 2015 Filing

Operations Trend

Revenue Growth78th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2014: $36,385Expenses 2014: $36,814Net Income 2014: -$4292014Revenue 2015: $46,000Expenses 2015: $44,413Net Income 2015: $1,5872015Revenue 2016: $33,611Expenses 2016: $41,024Net Income 2016: -$7,4132016Revenue 2017: $35,700Expenses 2017: $36,877Net Income 2017: -$1,1772017Revenue 2018: $39,276Expenses 2018: $39,515Net Income 2018: -$2392018Revenue 2019: $61,092Expenses 2019: $60,059Net Income 2019: $1,0332019Revenue 2020: $54,438Expenses 2020: $52,877Net Income 2020: $1,5612020Revenue 2021: $55,291Expenses 2021: $56,324Net Income 2021: -$1,0332021Revenue 2022: $64,616Expenses 2022: $63,119Net Income 2022: $1,4972022Revenue 2023: $57,800Expenses 2023: $57,079Net Income 2023: $7212023Revenue 2024: $66,350Expenses 2024: $69,673Net Income 2024: -$3,3232024

Highlighted filing

2015

Revenue$46,000
Expenses$44,413
Net Income$1,587
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 9, 2016
Return Version
2015v2.1
Gross Receipts
$46,000
Mission and Program Overview

Mission

Point Positive's purpose is to promote economic development in the Adirondack Park Region of Northern New York by assisting business start-ups and entrepreneurs to find investment capital and proven business expertise in an atmosphere that is facilitative and supportive. The organization is comprised of individual investors who care deeply for the Adirondack Park Region and are committed to investing in and nurturing promising and scalable early stage companies within the Region thus helping to move the economy of the Region forward.

Point Positive's purpose is to promote economic development in the Adirondack Park Region of Northern New York by assisting business start-ups and entrepreneurs to find investment capital and proven business expertise in an atmosphere that is facilitative and supportive. The organization is comprised of individual investors who care deeply for the Region and are committed to investing in and nurturing promising and scalable early stage companies within the Region thus helping to move the economy of the Region forward.

Program Services

DescriptionGrantsExpenses
Point Positive held two live pitch events in 2015. None of the ventures received funding but several did receive mentoring. Point Positive members also completed one investment in a venture that had presented at a pitch event in 2014.$0$960
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melinda LittleCoordinatorPT$750-$750
Ted CoughlinChairman-$0--
Adele ConnorsTreasurer-$0--
James HermanSecretary-$0--
Lee KeetDirector-$0--
David MasonDirector-$0--
James SonnebornDirector-$0--
Filing and Contact Details

Filer

Filer Name
Point Positive Inc
EIN
46-4188756
Phone
5183540202
Address
PO Box 1281, Saranac Lake, NY 12983

Signing Officer

Name
Melinda Little
Title
Coordinator
Phone
5188910197
Signed
2016-05-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Membership Fee for Angel Capital Assn;1650|PO Box Rental;70|Events and Catering;960|Web Hosting;649|Filing Fee for Form 1024;875|Depreciation;4000|Misc;11^Total;8215^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Website Development;10000|Legal Start Up Costs;2000|Less Accumulated Depreciation;-8000^Total;4000^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Accounts Payable;3000^Total;3000^”

Raw XML Appendix143 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Melinda Little
IRS990EZ/BooksInCareOfDetail/PhoneNum05188910197
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0118 Shepard Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Saranac Lake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012983
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02071
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0158
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt01587
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt036150
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt046000
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt046000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-429
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01158
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-429
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01158
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt3750
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ted Coughlin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Adele Connors
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2James Herman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Melinda Little
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Lee Keet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5David Mason
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6James Sonneborn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Coordinator
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt08215
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Point Positive's purpose is to promote economic development in the Adirondack Park Region of Northern New York by assisting business start-ups and entrepreneurs to find investment capital and proven business expertise in an atmosphere that is facilitative and supportive. The organization is comprised of individual investors who care deeply for the Region and are committed to investing in and nurturing promising and scalable early stage companies within the Region thus helping to move the economy of the Region forward.
IRS990EZ/PrintingPublicationsPostageAmt048
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Point Positive held two live pitch events in 2015. None of the ventures received funding but several did receive mentoring. Point Positive members also completed one investment in a venture that had presented at a pitch event in 2014.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0960
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt044413
IRS990EZ/TotalProgramServiceExpensesAmt0960
IRS990EZ/TotalRevenueAmt046000
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.pointpositiveadk.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Membership Fee for Angel Capital Assn;1650|PO Box Rental;70|Events and Catering;960|Web Hosting;649|Filing Fee for Form 1024;875|Depreciation;4000|Misc;11^Total;8215^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Website Development;10000|Legal Start Up Costs;2000|Less Accumulated Depreciation;-8000^Total;4000^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Accounts Payable;3000^Total;3000^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Melinda Little
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Coordinator
ReturnHeader/BusinessOfficerGrp/PhoneNum05188910197
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Point Positive Inc
ReturnHeader/Filer/BusinessNameControlTxt0POIN
ReturnHeader/Filer/EIN0464188756
ReturnHeader/Filer/PhoneNum05183540202
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1281
ReturnHeader/Filer/USAddress/CityNm0Saranac Lake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012983
ReturnHeader/ReturnTs02016-05-09T08:19:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,158
Liabilities
$3,000
Net assets
$1,158
Revenue
$46,000
Expenses
$44,413
Net income
$1,587
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.00$1.79$66.4$69.7$3.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$0.00$5.11$57.8$57.1$0.72
2022Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$64.6$63.1$1.50
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$55.3$56.3$1.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$0.00$3.92$54.4$52.9$1.56
2019Summary only. Only limited summary data is available for this year.$2.36$0.00$61.1$60.1$1.03
2018Summary only. Only limited summary data is available for this year.$1.33$0.00$39.3$39.5$0.24
2017Summary only. Only limited summary data is available for this year.$1.57$0.00$35.7$36.9$1.18
2016Summary only. Only limited summary data is available for this year.$0.75$0.00$33.6$41.0$7.41
2015Detailed filing. Detailed filing data is available for this year.$4.16$3.00$1.16$46.0$44.4$1.59
2014Detailed filing. Detailed filing data is available for this year.$10.1$10.5$0.43$36.4$36.8$0.43