Civic Intelligence

Center Point Inc.

990 • Fiscal year 2016 • EIN 94-1740797

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 27, 2017

135 Paul DriveSan Rafael, CA 94903

(415) 492-4444

Siviq Scores

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

Liabilities / Assets

68th percentile

0.44x

Higher debt load relative to assets than 68% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.28x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

31st percentile

-1.4%

Higher net margin than 31% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

99th percentile

$2,543,718

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

66th percentile

6.3%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

20%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$15,614,758

Up $920,600 (+6.3%) from 2015

Net Assets

Down

$8,701,438

Down $345,690 (-3.8%) from 2015

Liabilities

Up

$6,913,320

Up $1,266,290 (+22%) from 2015

Revenue

Up

$24,279,445

Up $4,079,989 (+20%) from 2015

Expenses

Up

$24,625,135

Up $5,044,572 (+26%) from 2015

Net Income

Down

-$345,690

Down $964,583 (-156%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $12,402,644Liabilities 2010: $4,679,634Net Assets 2010: $7,723,0102010Assets 2011: $12,934,082Liabilities 2011: $5,712,840Net Assets 2011: $7,221,2422011Assets 2012: $12,232,589Liabilities 2012: $4,529,438Net Assets 2012: $7,703,1512012Assets 2013: $11,886,517Liabilities 2013: $4,055,833Net Assets 2013: $7,830,6842013Assets 2014: $12,523,900Liabilities 2014: $4,095,665Net Assets 2014: $8,428,2352014Assets 2015: $14,694,158Liabilities 2015: $5,647,030Net Assets 2015: $9,047,1282015Assets 2016: $15,614,758Liabilities 2016: $6,913,320Net Assets 2016: $8,701,4382016Assets 2017: $16,638,541Liabilities 2017: $6,962,446Net Assets 2017: $9,676,0952017Assets 2018: $18,221,466Liabilities 2018: $9,291,428Net Assets 2018: $8,930,0382018Assets 2019: $15,017,696Liabilities 2019: $5,555,504Net Assets 2019: $9,462,1922019Assets 2020: $18,468,167Liabilities 2020: $8,892,108Net Assets 2020: $9,576,0592020Assets 2021: $21,021,699Liabilities 2021: $8,869,987Net Assets 2021: $12,151,7122021Assets 2022: $22,533,129Liabilities 2022: $8,204,575Net Assets 2022: $14,328,5542022Assets 2023: $26,414,252Liabilities 2023: $10,211,065Net Assets 2023: $16,203,1872023Assets 2024: $24,759,591Liabilities 2024: $11,368,833Net Assets 2024: $13,390,7582024

Highlighted filing

2016

Assets$15,614,758
Liabilities$6,913,320
Net Assets$8,701,438

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $28,757,9762010Expenses 2011: $26,436,0032011Expenses 2012: $21,961,2442012Expenses 2013: $19,300,9982013Revenue 2014: $18,091,268Expenses 2014: $17,293,707Net Income 2014: $797,5612014Revenue 2015: $20,199,456Expenses 2015: $19,580,563Net Income 2015: $618,8932015Revenue 2016: $24,279,445Expenses 2016: $24,625,135Net Income 2016: -$345,6902016Revenue 2017: $29,906,090Expenses 2017: $28,931,433Net Income 2017: $974,6572017Revenue 2018: $31,984,680Expenses 2018: $31,919,935Net Income 2018: $64,7452018Revenue 2019: $24,553,421Expenses 2019: $24,021,267Net Income 2019: $532,1542019Revenue 2020: $18,248,626Expenses 2020: $18,134,759Net Income 2020: $113,8672020Revenue 2021: $24,090,478Expenses 2021: $21,514,826Net Income 2021: $2,575,6522021Revenue 2022: $25,761,912Expenses 2022: $23,585,070Net Income 2022: $2,176,8422022Revenue 2023: $27,942,069Expenses 2023: $26,067,436Net Income 2023: $1,874,6332023Revenue 2024: $27,364,664Expenses 2024: $30,177,093Net Income 2024: -$2,812,4292024

Highlighted filing

2016

Revenue$24,279,445
Expenses$24,625,135
Net Income-$345,690
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 27, 2017
Return Version
2015v3.0
Gross Receipts
$24,279,445
Mission and Program Overview

Mission

Center points mission is to provide comprehensive social, educational, vocational, medical, psychological, housing and rehabilitation services to combat social problems such as substance abuse, proverty, unemployment and homelessness.

To provide comprehensive social, educational, vocational, medical, psychological, housing, and rehabilitation services to combat social problems such as substance abuse, poverty, unemployment, and homelessness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$4,059,491$6,304,995▲ $2,245,504
Savings and Temporary Cash Investments$2,441,289$2,735,014▲ $293,725
Cash and Non-Interest-Bearing Accounts$3,585,449$2,110,132▼ $1,475,317
Land, Buildings, and Equipment, Net$1,511,334$1,477,648▼ $33,686
Prepaid Expenses and Deferred Charges$378,889$14,259▼ $364,630
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$14,694,158$15,614,758▲ $920,600
Other Assets Total$2,717,706$2,972,710▲ $255,004
Liabilities
Accounts Payable and Accrued Expenses$1,991,431$2,995,493▲ $1,004,062
Other Liabilities$2,675,165$2,922,483▲ $247,318
Mortgage Notes Payable Secured by Investment Property$980,434$995,344▲ $14,910
Total Liabilities$5,647,030$6,913,320▲ $1,266,290
Net Assets / Fund Balance
Unrestricted Net Assets$9,047,128$8,701,438▼ $345,690
Total Net Assets Fund Balance$9,047,128$8,701,438▼ $345,690
Total Liabilities and Net Assets / Fund Balance$14,694,158$15,614,758▲ $920,600

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$625,414$698,029$1,323,443
Leasehold Improvements$501,907$22,372$524,279
Land$350,327-$350,327
Equipment-$124,117$124,117
Other Assets Org$50,227--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sushma D Taylor PhDCEOFT$319,895$101,520$2,543,718
John ChallisVice PresidentFT$146,924$2,137,370$161,991
Patricia TrailVice PresidentFT$126,975$6,594$133,569

Board Members and Trustees

NameTitle
Sally FreedmanChair
Terrell AndersonVice Chair
Kimberly BondVice President
Armon CooperDirector
Justin MaceDirector
Lynn WoolseyDirector
Terry PearceDirector
Arnett MooreSecretary
Janyce BuellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,777,581
Program Service Revenue
$303,613
Investment Income
$1,436
Other Revenue
$196,815
All Other Contributions
$51,463
Change in Net Assets
$-345,690

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,279,445
Total Revenue per Audited Statements
$24,279,445
Total Revenue per Form 990
$24,279,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,422,512
Salaries, Compensation, and Employee Benefits$9,202,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,854,035$633,456-$6,487,491
Occupancy$1,446,840$144,560-$1,591,400
All Other Expenses$2,652,505$-1,425,013-$1,227,492
Other Employee Benefits$965,351$217,940-$1,183,291
Payroll Taxes$823,806$114,241-$938,047
Current Officers, Directors, Trustees, and Key Employees$319,895$273,899-$593,794
Fees for Services Other$254,320$115,376-$369,696
Other Expenses$274,583$16,532-$291,115
Insurance$265,963$17,869-$283,832
Office Expenses$181,832$21,006-$202,838
Travel$94,359$41,277-$135,636
Depreciation Depletion$60,965--$60,965
Interest$29,413$283-$29,696
Total Functional Expenses$24,454,080$171,055$0$24,625,135

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,625,135
Total Expenses per Audited Statements$24,625,135
Total Expenses per Form 990$24,625,135
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
Reserve for Unemployement Claims$2,922,483
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

No review was or will be conducted.

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

Compliance with the conflict of interest policy is updated annually.

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

The process for determing the compensation for Center Point's CEO was as follows:a) The Board convened a compensation committee consisting of four Board Members including the current Chair and Vice Chair of the Board and the Past Chair of the Board.b) The compensation committee hired attorney Joel Kaleva to conduct a salary survey and compensation levels for CEO's of comparable organizations.c) The attorney and Board Committee had several discussions. Many of these discussions were held without the CEO being present.d) The committee made a recommendation to the full Board in Executive Session, and discussed the information provided by the attorney.e) The full Board met in Executive Session and provided the CEO feedback on her job performance and with significant achievements.f) The full Board met without the CEO and discussed the CEO's employment contracts and compensation.g) The Board Chair met with the CEO to inform her of the Boards decision.

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

Compensation review process for Officers. The performance and compensation of all key employees of Center Point is reviewed periodically by the compensation committee of the Center Point Board of Directors. The compensation committee is composed of volunteer directors which are unrelated to, and not subject to the control of any of the key employees. All review and consideration of compensation provided by Center Point is made by the compensation committee in executive session without any key employee present. The compensation committee obtained, reviewed and relied upon a compensation comparability study received from an independent firm that provided detailed analysis of the comparable compensation figures for other nonprofit organizations of similar size and programs to those conducted by Center Point. Based on this information and the committee's review of the performance of the key employees in meeting the job requirements and annual goals, the compensation committee determined that the compensation provided to all key employees is reasonable and in compliance with IRS regulations. Following its determination, the compensation committee documented the basis for its determination of the reasonable compensation package for each employee and reported its recommendation to the full board of directors for review, comment and approval.

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

Governing Documents Disclosure Explanation. Any request for governing documents and financial information must be made in writing and the request will be reviewed and acted upon pursuant to both Federal and California state law.

Filing and Contact Details

Filer

Filer Name
Center Point Inc
EIN
94-1740797
Phone
4154924444
Address
135 PAUL DRIVE, SAN RAFAEL, CA 94903

Signing Officer

Name
Sushma D Taylor
Title
CEO
Signed
2017-04-27
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
349
Volunteers
10

Preparer

Firm
Randolph Scott & Company Cpas Inc
Address
1 COMMERCIAL BLVD STE 101, NOVATO, CA 94949-6193
Preparer
Randolph Scott
Phone
4158838090
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IRS990/OtherExpensesGrp/Desc0SASCA Subcontractors
IRS990/OtherExpensesGrp/Desc1Food
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-345690
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IRS990/RelatedEntityInd0false
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt01014281
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalSupportAmt0102961912
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0625414
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0698029
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01323443
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0124117

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.8$11.4$13.4$27.4$30.2$2.81
2023Detailed filing. Detailed filing data is available for this year.$26.4$10.2$16.2$27.9$26.1$1.87
2022Detailed filing. Detailed filing data is available for this year.$22.5$8.20$14.3$25.8$23.6$2.18
2021Detailed filing. Detailed filing data is available for this year.$21.0$8.87$12.2$24.1$21.5$2.58
2020Detailed filing. Detailed filing data is available for this year.$18.5$8.89$9.58$18.2$18.1$0.11
2019Detailed filing. Detailed filing data is available for this year.$15.0$5.56$9.46$24.6$24.0$0.53
2018Summary only. Only limited summary data is available for this year.$18.2$9.29$8.93$32.0$31.9$0.06
2017Detailed filing. Detailed filing data is available for this year.$16.6$6.96$9.68$29.9$28.9$0.97
2016Detailed filing. Detailed filing data is available for this year.$15.6$6.91$8.70$24.3$24.6$0.35
2015Detailed filing. Detailed filing data is available for this year.$14.7$5.65$9.05$20.2$19.6$0.62
2014Detailed filing. Detailed filing data is available for this year.$12.5$4.10$8.43$18.1$17.3$0.80
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$4.06$7.83$19.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$4.53$7.70$22.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$5.71$7.22$26.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$4.68$7.72$28.8