Civic Intelligence

Vantage Pointe Inc

990 • Fiscal year 2020 • EIN 56-1829706

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 22, 2021

20 N Fourth StreetWilmington, NC 28401

(910) 362-8000

Siviq Scores

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

Liabilities / Assets

70th percentile

0.06x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.05x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

28th percentile

-10%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

65th percentile

17%

Faster asset growth than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-43%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$191,108

Up $27,683 (+17%) from 2019

Net Assets

Up

$180,049

Up $29,057 (+19%) from 2019

Liabilities

Down

$11,059

Down $1,374 (-11%) from 2019

Revenue

Down

$238,719

Down $180,729 (-43%) from 2019

Expenses

Down

$263,381

Down $179,870 (-41%) from 2019

Net Income

Down

-$24,662

Down $859 (-3.6%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $383,593Liabilities 2011: $4,813Net Assets 2011: $378,7802011Assets 2012: $320,102Liabilities 2012: $4,929Net Assets 2012: $315,1732012Assets 2013: $379,575Liabilities 2013: $4,797Net Assets 2013: $374,7782013Assets 2014: $363,887Liabilities 2014: $5,938Net Assets 2014: $357,9492014Assets 2015: $365,903Liabilities 2015: $9,438Net Assets 2015: $356,4652015Assets 2016: $289,857Liabilities 2016: $14,292Net Assets 2016: $275,5652016Assets 2017: $233,882Liabilities 2017: $12,212Net Assets 2017: $221,6702017Assets 2018: $188,677Liabilities 2018: $13,702Net Assets 2018: $174,9752018Assets 2019: $163,425Liabilities 2019: $12,433Net Assets 2019: $150,9922019Assets 2020: $191,108Liabilities 2020: $11,059Net Assets 2020: $180,0492020Assets 2021: $164,266Liabilities 2021: $6,334Net Assets 2021: $157,9322021

Highlighted filing

2020

Assets$191,108
Liabilities$11,059
Net Assets$180,049

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $325,6492011Expenses 2012: $369,6502012Expenses 2013: $356,8012013Revenue 2014: $340,074Expenses 2014: $363,960Net Income 2014: -$23,8862014Revenue 2015: $395,772Expenses 2015: $397,256Net Income 2015: -$1,4842015Revenue 2016: $355,223Expenses 2016: $432,767Net Income 2016: -$77,5442016Revenue 2017: $346,680Expenses 2017: $410,404Net Income 2017: -$63,7242017Revenue 2018: $390,779Expenses 2018: $432,945Net Income 2018: -$42,1662018Revenue 2019: $419,448Expenses 2019: $443,251Net Income 2019: -$23,8032019Revenue 2020: $238,719Expenses 2020: $263,381Net Income 2020: -$24,6622020Revenue 2021: $138,214Expenses 2021: $174,085Net Income 2021: -$35,8712021

Highlighted filing

2020

Revenue$238,719
Expenses$263,381
Net Income-$24,662
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 22, 2021
Return Version
2019v5.0
Gross Receipts
$238,719
Mission and Program Overview

Mission

Promote the voluntary settlement of disputes between members of the community by providing an orderly process of mediation and arbitration by trained professionals.

Providing mediation, facilitation, and training for families, businesses, and communities to build, transform, and reconstruct relationships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$94,218$98,351▲ $4,133
Cash and Non-Interest-Bearing Accounts$40,072$74,343▲ $34,271
Pledges and Grants Receivable$25,992$18,414▼ $7,578
Prepaid Expenses and Deferred Charges$3,143$0▼ $3,143
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$163,425$191,108▲ $27,683
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$12,433$11,059▼ $1,374
Total Liabilities$12,433$11,059▼ $1,374
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$136,947$166,004▲ $29,057
Net Assets With Donor Restrictions$14,045$14,045→ $0
Total Net Assets Fund Balance$150,992$180,049▲ $29,057
Total Liabilities and Net Assets / Fund Balance$163,425$191,108▲ $27,683

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$31,557$31,557
Leasehold Improvements-$2,127$2,127
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael PalomboChair
Leslie WilderVice Chair
Cheryl MorloteDirector
Dianne ReedDirector
Elisa JacobsenDirector
Kiara KellySecretary
Melissa O'BuchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$106,599
Program Service Revenue
$129,806
Investment Income
$2,314
Other Revenue
$0
All Other Contributions
$880
Change in Net Assets
$-24,662

Audited Revenue Reconciliation

Revenue per Audited Statements
$238,719
Revenue Not Reported on Form 990
$3,607
Total Revenue per Audited Statements
$242,326
Total Revenue per Form 990
$238,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$169,027
Other Expenses$94,354
Total Fundraising Expense$10,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$78,726--$78,726
Current Officers, Directors, Trustees, and Key Employees$56,186$6,671$6,671$69,528
Occupancy$24,256$1,355$1,149$26,760
Fees for Services Accounting-$12,614-$12,614
Payroll Taxes$10,554$522$522$11,598
Other Employee Benefits$6,952$344$344$7,640
Insurance$4,042$1,915$200$6,157
Fees for Services Other$2,247$1,933-$4,180
Information Technology$2,654$131$131$2,916
Other Expenses$2,629$211$212$2,629
Travel$1,949$25$24$1,998
Pension Plan Contributions$1,397$69$69$1,535
Advertising$240-$240$480
Total Functional Expenses$225,603$27,003$10,775$263,381

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$266,988
Expenses per Audited Statements$263,381
Total Expenses per Form 990$263,381
Expenses Not Reported on Form 990$3,607
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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

IRS Form 990 is prepared by an independent CPA, discussed with the Executive Director and reviewed and signed by the treasurer prior to filing.

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

Annual discussion of conflicts of interest at board meeting. New board members notified that they must disclose potential conflicts as soon as they become aware of their existence.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive committee of the board meets on major personnel decisions such as compensation changes. Wage comparison data is provided and Executive Committee reports back to the full board where decisions are documented in the minutes.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

See above.

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

Form 990 can be found on guidestar.org and other information is available upon request.

Filing and Contact Details

Filer

Filer Name
Vantage Pointe Inc
EIN
56-1829706
Phone
9103628000
Address
20 N Fourth Street, Wilmington, NC 28401

Signing Officer

Name
Melissa O'Buch
Title
Treasurer
Signed
2021-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elisa Jacobsen
Formed
1993
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
12
Volunteers
325

Preparer

Firm
Bearmancpa Pllc
Address
124 Cavalier Dr, WILMINGTON, NC 28403
Preparer
Nigel Bearman
Phone
9105080630
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Payroll Protection Program Forgivable Loan = $51900

Financial Statement Notes

Part X : FIN48 Footnote

Vantage Pointe is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. Additionally, it does not generate business income unrelated to its exempt purpose and therefore has made no provision for income taxes or uncertain tax positions in the financial statements. There are no federal or state tax audits of the organization in progress and the organization believes it is not subject to tax examinations for fiscal years prior to FY 2016/17.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Vantage Pointe is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. Additionally, it does not generate business income unrelated to its exempt purpose and therefore has made no provision for income taxes or uncertain tax positions in the financial statements. There are no federal or state tax audits of the organization in progress and the organization believes it is not subject to tax examinations for fiscal years prior to FY 2016/17.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IRS Form 990 is prepared by an independent CPA, discussed with the Executive Director and reviewed and signed by the treasurer prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual discussion of conflicts of interest at board meeting. New board members notified that they must disclose potential conflicts as soon as they become aware of their existence.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executive committee of the board meets on major personnel decisions such as compensation changes. Wage comparison data is provided and Executive Committee reports back to the full board where decisions are documented in the minutes.

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