Civic Intelligence

Omega Point Institute

990 • Fiscal year 2016 • EIN 52-1312278

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

2020 Alameda Padre Serra Ste 135Santa Barbara, CA 93103

(805) 892-4800

Siviq Scores

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

Liabilities / Assets

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.18x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

66th percentile

10.0%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

56th percentile

3.9%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

-1.5%

Faster revenue growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$577,346

Up $21,724 (+3.9%) from 2015

Net Assets

Up

$534,836

Up $22,788 (+4.5%) from 2015

Liabilities

Down

$42,510

Down $1,064 (-2.4%) from 2015

Revenue

Down

$230,175

Down $3,394 (-1.5%) from 2015

Expenses

Down

$207,194

Down $50,579 (-20%) from 2015

Net Income

Up

$22,981

Up $47,185 (+195%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $599,540Liabilities 2010: $0Net Assets 2010: $599,5402010Assets 2012: $496,425Liabilities 2012: $0Net Assets 2012: $496,4252012Assets 2013: $458,378Liabilities 2013: $0Net Assets 2013: $458,3782013Assets 2014: $555,120Liabilities 2014: $18,868Net Assets 2014: $536,2522014Assets 2015: $555,622Liabilities 2015: $43,574Net Assets 2015: $512,0482015Assets 2016: $577,346Liabilities 2016: $42,510Net Assets 2016: $534,8362016Assets 2017: $659,965Liabilities 2017: $57,510Net Assets 2017: $602,4552017Assets 2018: $685,799Liabilities 2018: $97,510Net Assets 2018: $588,2892018Assets 2019: $724,125Liabilities 2019: $165,400Net Assets 2019: $558,7252019Assets 2020: $852,658Liabilities 2020: $333,400Net Assets 2020: $519,2582020Assets 2021: $692,440Liabilities 2021: $353,400Net Assets 2021: $339,0402021Assets 2022: $645,315Liabilities 2022: $497,400Net Assets 2022: $147,9152022Assets 2023: $660,563Liabilities 2023: $151,084Net Assets 2023: $509,4792023Assets 2024: $551,576Liabilities 2024: $158,279Net Assets 2024: $393,2972024

Highlighted filing

2016

Assets$577,346
Liabilities$42,510
Net Assets$534,836

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $100,736Expenses 2010: $55,032Net Income 2010: $45,7042010Revenue 2012: $39,583Expenses 2012: $101,477Net Income 2012: -$61,8942012Revenue 2013: $51,084Expenses 2013: $89,131Net Income 2013: -$38,0472013Revenue 2014: $226,849Expenses 2014: $148,975Net Income 2014: $77,8742014Revenue 2015: $233,569Expenses 2015: $257,773Net Income 2015: -$24,2042015Revenue 2016: $230,175Expenses 2016: $207,194Net Income 2016: $22,9812016Revenue 2017: $336,621Expenses 2017: $268,773Net Income 2017: $67,8482017Revenue 2018: $288,470Expenses 2018: $302,638Net Income 2018: -$14,1682018Revenue 2019: $262,500Expenses 2019: $303,448Net Income 2019: -$40,9482019Revenue 2020: $255,645Expenses 2020: $295,111Net Income 2020: -$39,4662020Revenue 2021: $110,659Expenses 2021: $220,598Net Income 2021: -$109,9392021Revenue 2022: $111,244Expenses 2022: $257,112Net Income 2022: -$145,8682022Revenue 2023: $455,821Expenses 2023: $122,271Net Income 2023: $333,5502023Revenue 2024: $98,760Expenses 2024: $218,834Net Income 2024: -$120,0742024

Highlighted filing

2016

Revenue$230,175
Expenses$207,194
Net Income$22,981
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$297,489
Mission and Program Overview

Mission

Promotion of public interest & benefit

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$233,129$243,503▲ $10,374
Investments in Publicly Traded Securities$285,134$237,493▼ $47,641
Cash and Non-Interest-Bearing Accounts$37,359$96,350▲ $58,991
Loans From Officers Directors$43,574$42,510▼ $1,064
Total Assets$555,622$577,346▲ $21,724
Liabilities
Total Liabilities$43,574$42,510▼ $1,064
Net Assets / Fund Balance
Unrestricted Net Assets$512,048$484,784▼ $27,264
Temporarily Rstr Net Assets-$50,052-
Total Net Assets Fund Balance$512,048$534,836▲ $22,788
Total Liabilities and Net Assets / Fund Balance$555,622$577,346▲ $21,724
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rinaldo S BrutocoChairman/pres.
Diane CirincioneDirector
Lalla Dodge BrutocoVP/director
Robert PerrySecretary
Ray AfshordiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$71,496
Program Service Revenue
$176,015
Investment Income
$-17,336
Other Revenue
$0
All Other Contributions
$71,496
Change in Net Assets
$22,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$146,712
Grants and Similar Amounts Paid$60,482
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$60,735--$60,735
Grants to Domestic Orgs$60,482--$60,482
Fees for Services Management$13,965--$13,965
Travel$6,548$1,264-$7,812
Office Expenses$3,336$538-$3,874
Other Expenses$2,399$172-$2,571
Fees for Services Accounting$2,500--$2,500
All Other Expenses-$790-$790
Fees for Services Legal$755--$755
Fees for Service Investment Mgmnt Fees-$42-$42
Total Functional Expenses$204,388$2,806$0$207,194
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Ethnic Coalition of OrganizationsNew York, NY-Charitable Contribution$6,450
Esalen InstituteBig Sur, CA-Charitable Contribution$5,000
Kuumba in Motion Expressing TransformationLos Angeles, CA-Charitable Contribution$2,500
Casa SerenaSanta Barbara, CA-Charitable Contribution$1,000
People for the American WayWashington, DC-Charitable Contribution$100
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
Loans from Officers, Directors, Trustees, and Key Employees$43,574$42,510▼ $1,064
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Section A, Line 2

Line 2 explanation - rinaldo s. Brutoco and lalla dodge brutoco are married.

Form 990, Part VI, Section A, Line 2

Jane mccarthy is an employee of a corporation owned by rinaldo s. Brutoco.

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section B, Line 12C

The organization reviews the policy annually

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Omega Point Institute
EIN
52-1312278
Phone
8058924800
Address
2020 ALAMEDA PADRE SERRA STE 135, SANTA BARBARA, CA 93103

Signing Officer

Name
Rinaldo S Brutoco
Title
President
Phone
8058924800
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rinaldo S Brutoco
Formed
1986
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
PALIUS O'KELLEY CPAS INC
Address
5290 OVERPASS ROAD SUITE 220, SANTA BARBARA, CA 93111
Preparer
Maeda J Palius
Phone
8056837585
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees for services - visionary fund: program service expenses 60,735. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,735.

FORM 990, PART XI, LINE 9:

Wash sale disallowed losses -191. Rounding -2.

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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PEOPLE FOR THE AMERICAN WAY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CASA SERENA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ESALEN INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientEIN0455253221
IRS990ScheduleI/RecipientTable/RecipientEIN1112899820
IRS990ScheduleI/RecipientTable/RecipientEIN2133065716
IRS990ScheduleI/RecipientTable/RecipientEIN3952862385
IRS990ScheduleI/RecipientTable/RecipientEIN4946114235
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0850 S WINDSOR BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt116 WEST 36TH STREET SUITE 801
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21101 15TH ST NW SUITE 600
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31515 BATH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt455000 CALIFORNIA 1
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SANTA BARBARA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BIG SUR
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090005
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110018
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd220005
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd393101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd493920
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH GIFT
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1CASH GIFT
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2CASH GIFT
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc3CASH GIFT
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc4CASH GIFT
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0216825
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt142510
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0WORLD BUSINESS ACADEMY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0216825
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt142510
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RINALDO BRUTOCO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0NONPROFIT COMMON MGMT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0259335
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2 EXPLANATION - RINALDO S. BRUTOCO AND LALLA DODGE BRUTOCO ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JANE MCCARTHY IS AN EMPLOYEE OF A CORPORATION OWNED BY RINALDO S. BRUTOCO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REVIEWS THE POLICY ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES FOR SERVICES - VISIONARY FUND: PROGRAM SERVICE EXPENSES 60,735. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,735.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WASH SALE DISALLOWED LOSSES -191. ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt050052
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0555622
IRS990/TotalAssetsEOYAmt0577346
IRS990/TotalAssetsGrp/BOYAmt0555622
IRS990/TotalAssetsGrp/EOYAmt0577346
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt071496
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02806
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0204388
IRS990/TotalFunctionalExpensesGrp/TotalAmt0207194
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt043574
IRS990/TotalLiabilitiesEOYAmt042510
IRS990/TotalLiabilitiesGrp/BOYAmt043574
IRS990/TotalLiabilitiesGrp/EOYAmt042510
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0512048
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0534836
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0204388
IRS990/TotalProgramServiceRevenueAmt0176015
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-17336
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0176015
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0230175
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0555622
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0577346
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01264
IRS990/TravelGrp/ProgramServicesAmt06548
IRS990/TravelGrp/TotalAmt07812
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0512048
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0484784
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02020 ALAMEDA PADRE SERRA STE 135
IRS990/USAddress/CityNm0SANTA BARBARA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093103
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0OMEGAPOINTINSTITUTE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$1.58$3.93$0.99$2.19$1.20
2023Detailed filing. Detailed filing data is available for this year.$6.61$1.51$5.09$4.56$1.22$3.34
2022Detailed filing. Detailed filing data is available for this year.$6.45$4.97$1.48$1.11$2.57$1.46
2021Detailed filing. Detailed filing data is available for this year.$6.92$3.53$3.39$1.11$2.21$1.10
2020Detailed filing. Detailed filing data is available for this year.$8.53$3.33$5.19$2.56$2.95$0.39
2019Detailed filing. Detailed filing data is available for this year.$7.24$1.65$5.59$2.63$3.03$0.41
2018Detailed filing. Detailed filing data is available for this year.$6.86$0.98$5.88$2.88$3.03$0.14
2017Detailed filing. Detailed filing data is available for this year.$6.60$0.58$6.02$3.37$2.69$0.68
2016Detailed filing. Detailed filing data is available for this year.$5.77$0.43$5.35$2.30$2.07$0.23
2015Detailed filing. Detailed filing data is available for this year.$5.56$0.44$5.12$2.34$2.58$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.55$0.19$5.36$2.27$1.49$0.78
2013Detailed filing. Detailed filing data is available for this year.$4.58$0.00$4.58$0.51$0.89$0.38
2012Summary only. Only limited summary data is available for this year.$4.96$0.00$4.96$0.40$1.01$0.62
2010Summary only. Only limited summary data is available for this year.$6.00$0.00$6.00$1.01$0.55$0.46