Civic Intelligence

Center Point Inc.

990 • Fiscal year 2019 • EIN 94-1740797

Jul 01, 2018 to Jun 30, 2019 • Filed on May 08, 2020

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

65th percentile

0.37x

Higher debt load relative to assets than 65% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

0.23x

Higher debt load relative to revenue than 51% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$427,330

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

4th percentile

-18%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$15,017,696

Down $3,203,770 (-18%) from 2018

Net Assets

Up

$9,462,192

Up $532,154 (+6.0%) from 2018

Liabilities

Down

$5,555,504

Down $3,735,924 (-40%) from 2018

Revenue

Down

$24,553,421

Down $7,431,259 (-23%) from 2018

Expenses

Down

$24,021,267

Down $7,898,668 (-25%) from 2018

Net Income

Up

$532,154

Up $467,409 (+722%) from 2018

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

2019

Assets$15,017,696
Liabilities$5,555,504
Net Assets$9,462,192

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

2019

Revenue$24,553,421
Expenses$24,021,267
Net Income$532,154
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 8, 2020
Return Version
2018v3.1
Gross Receipts
$24,553,421
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.

Center Point's mission is 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
Cash and Non-Interest-Bearing Accounts$4,797,801$4,237,999▼ $559,802
Savings and Temporary Cash Investments$3,286,777$3,814,983▲ $528,206
Accounts Receivable$5,668,220$3,105,551▼ $2,562,669
Land, Buildings, and Equipment, Net$1,351,056$1,287,760▼ $63,296
Prepaid Expenses and Deferred Charges$91,516$81,800▼ $9,716
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-
Inventories for Sale or Use-$0-
Total Assets$18,221,466$15,017,696▼ $3,203,770
Other Assets Total$3,026,096$2,489,603▼ $536,493
Liabilities
Other Liabilities$2,922,483$2,839,262▼ $83,221
Accounts Payable and Accrued Expenses$5,373,601$1,720,898▼ $3,652,703
Mortgage Notes Payable Secured by Investment Property$995,344$995,344→ $0
Total Liabilities$9,291,428$5,555,504▼ $3,735,924
Net Assets / Fund Balance
Unrestricted Net Assets$8,930,038$9,462,192▲ $532,154
Total Net Assets Fund Balance$8,930,038$9,462,192▲ $532,154
Total Liabilities and Net Assets / Fund Balance$18,221,466$15,017,696▼ $3,203,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$493,070$830,373$1,323,443
Leasehold Improvements$425,212$71,788$497,000
Land$350,327-$350,327
Equipment-$64,104$64,104
Other Land Buildings$19,151$8,128$27,279
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sushma D Taylor PhDCEOFT$357,098$63,740$427,330
Marc HerringVPFT$149,483-$149,483
Maurice LeeVPFT$147,057$70,232$147,057
Miguel GaribayVPFT$133,930-$133,930
Thaine TaylorVPFT$120,920-$120,920
Richard JimenezVPFT$15,775-$15,775

Board Members and Trustees

NameTitle
Sally FreedmanChairman
Terrell AndersonChairman
Armon CooperDirector
Justin MaceDirector
Lynn WoolseyDirector
Terry PearceDirector
Arnett MooreSecretary
Janyce BuellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,771,756
Program Service Revenue
$325,145
Investment Income
$3,290
Other Revenue
$453,230
Change in Net Assets
$532,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,553,421
Total Revenue per Audited Statements
$24,553,421
Total Revenue per Form 990
$24,553,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,266,206
Other Expenses$11,755,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,760,429$618,345-$8,378,774
Other Employee Benefits$1,573,553$215,487-$1,789,040
Payroll Taxes$1,093,006$157,948-$1,250,954
Occupancy$822,353$152,875-$975,228
Current Officers, Directors, Trustees, and Key Employees$360,271$487,167-$847,438
All Other Expenses$2,235,172$-1,453,897-$781,275
Fees for Services Other$191,394$127,958-$319,352
Insurance$192,184$10,987-$203,171
Other Expenses$171,212$19,283-$190,495
Office Expenses$123,354$12,111-$135,465
Travel$116,521$6,986-$123,507
Depreciation Depletion-$63,296-$63,296
Interest$21,443$1,139-$22,582
Advertising$18,453$701-$19,154
Total Functional Expenses$23,437,365$583,902$0$24,021,267

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,021,267
Total Expenses per Audited Statements$24,021,267
Total Expenses per Form 990$24,021,267
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 Unemployment Claims$2,377,023
Additional Benefits Billed$462,239
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: aThe 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. bThe compensation committee hired attorney Joel Kaleva to conduct a salary survey and compensation levels for CEO's of comparable organizations. cThe attorney and Board Committee had several discussions. Many of these discussions were held without the CEO being present. dThe committee made a recommendation to the full Board in Executive Session, and discussed the information provided by the attorney. eThe full Board met in Executive Session and provided the CEO feedback on her job performance and with significant achievements. fThe full Board met without the CEO and discussed the CEO's employment contracts and compensation. gThe 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 periodicallyby 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 Phd
Title
CEO
Signed
2020-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
9
Employees
448
Volunteers
12

Preparer

Firm
KPM Accounting & Management Solutions
Address
PO Box 641773, San Francisco, CA 94164
Preparer
Kenneth Mierzwinski
Phone
4158196718
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990/OtherExpensesGrp/Desc1Dues and Subscriptions
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01436
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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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