Civic Intelligence

Center Point Inc.

990 • Fiscal year 2022 • EIN 94-1740797

Jul 01, 2021 to Jun 30, 2022 • Filed on May 10, 2023

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

64th percentile

0.36x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.32x

Higher debt load relative to revenue than 53% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

55th percentile

8.4%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$367,603

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

67th percentile

7.2%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

6.9%

Faster revenue growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$22,533,129

Up $1,511,430 (+7.2%) from 2021

Net Assets

Up

$14,328,554

Up $2,176,842 (+18%) from 2021

Liabilities

Down

$8,204,575

Down $665,412 (-7.5%) from 2021

Revenue

Up

$25,761,912

Up $1,671,434 (+6.9%) from 2021

Expenses

Up

$23,585,070

Up $2,070,244 (+9.6%) from 2021

Net Income

Down

$2,176,842

Down $398,810 (-15%) from 2021

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

2022

Assets$22,533,129
Liabilities$8,204,575
Net Assets$14,328,554

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

2022

Revenue$25,761,912
Expenses$23,585,070
Net Income$2,176,842
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2021v4.2
Gross Receipts
$25,761,912
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,951,431$6,007,727▼ $943,704
Accounts Receivable$3,922,591$4,729,781▲ $807,190
Land, Buildings, and Equipment, Net$1,161,167$1,097,871▼ $63,296
Savings and Temporary Cash Investments$3,923,877$603,239▼ $3,320,638
Prepaid Expenses and Deferred Charges$274,995$128,730▼ $146,265
Total Assets$21,021,699$22,533,129▲ $1,511,430
Other Assets Total$4,787,638$9,965,781▲ $5,178,143
Liabilities
Other Liabilities$5,596,106$6,359,214▲ $763,108
Accounts Payable and Accrued Expenses$2,278,537$1,361,927▼ $916,610
Mortgage Notes Payable Secured by Investment Property$995,344$483,434▼ $511,910
Total Liabilities$8,869,987$8,204,575▼ $665,412
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,151,712$14,328,554▲ $2,176,842
Total Net Assets Fund Balance$12,151,712$14,328,554▲ $2,176,842
Total Liabilities and Net Assets / Fund Balance$21,021,699$22,533,129▲ $1,511,430

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$360,726$962,717$1,323,443
Leasehold Improvements$386,818$137,461$524,279
Land$350,327-$350,327
Other Assets Org$30,410--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sushma D TaylorCEOFT$367,603-$367,603
Sushma D Taylor PhdCEO-$357,004$10,599$367,603
Thaine TaylorCFOFT$148,924$16,185$165,109
Dennis MccrayVice PresidentFT$148,485-$148,485
Maurice LeeCOOFT$144,440-$144,440
Richard JiminezVice PresidentFT$126,427-$126,427

Board Members and Trustees

NameTitle
Sally FreeedmanChair
Terrell AndersonVice Chair
Armon CooperBoard Director
Justin MaceBoard Director
Lynn WoolseyBoard Director
Virginia JoyceBoard Director
Arnett MooreSecretary
Janyce BuellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$18,313,973
Program Service Revenue
$7,442,744
Investment Income
$5,195
Other Revenue
$0
All Other Contributions
$152,863
Change in Net Assets
$2,176,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,761,912
Total Revenue per Audited Statements
$25,761,912
Total Revenue per Form 990
$25,761,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,857,922
Other Expenses$3,727,148
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,519,175$610,336-$15,129,511
Other Employee Benefits$2,255,954$350,272-$2,606,226
Fees for Services Other$1,643,763$436,554-$2,080,317
Occupancy$1,111,512$205,258-$1,316,770
Payroll Taxes$1,070,382$99,739-$1,170,121
Current Officers, Directors, Trustees, and Key Employees-$952,064-$952,064
Insurance$195,232$39,023-$234,255
Depreciation Depletion$63,297--$63,297
Travel$12,563$4,663-$17,226
Interest$15,283--$15,283
Total Functional Expenses$20,887,161$2,697,909$0$23,585,070

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$23,585,070
Total Expenses per Audited Statements$23,585,070
Total Expenses per Form 990$23,585,070
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Unemployment Claims$5,435,371
Commitments and Contigencies$462,239
Cares Act Provider Relief Fund$461,604
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

Officer directors etc family relationship Part VI line 2

Ceo is the mother of an officer.

Form 990 governing body review Part VI line 11

No review was or will be conducted.

Conflict of interest policy compliance Part VI line 12C

Compliance with the conflict of interest policy is updated annually.

CEO executive director top management comp Part VI line 15A

See details on schedule j

Other officer or key employee compensation Part VI line 15B

The performance and compensation of all key employees of center point is reviewed perioodically by the compensation committee of the board of directors. The compensation committee is composed of volunteer directors which are unrelated to, and not subjected 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 tht provided detailed analysis of the comparable compensation figures for other nonprofit orgonizations of similar size and programs to those conducted by center point. Based on this informaiton and the committees review of the performance of the key employes 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.

Governing documents etc available to public Part VI line 19

Any request for governing documents and financial information must be made in writing and the request will be review and acted pursuant to both federal and california state law.

Filing and Contact Details

Filer

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

Signing Officer

Name
Maurice Lee
Title
COO
Phone
4154924444
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
419
Volunteers
12

Preparer

Firm
Ke & Associates Consulting Inc
Address
10 Corporate Park Ste 330, Irvine, CA 92606
Preparer
Ke Zhang
Phone
9494687111
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IRS990/RevenueAmt01344466
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013380865
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03644
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018234006
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031261233
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IRS990ScheduleA/TotalSupportAmt0106835035
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0962717
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01323443
IRS990ScheduleD/ExpensesSubtotalAmt023585070
IRS990ScheduleD/LandGrp/BookValueAmt0350327
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0350327
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0137461
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0524279
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt230410
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ASSETS RESERVED FOR UNEMPLOYMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REFUNDABLE DEPOSITS
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUSHMA D TAYLOR PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1THAINE TAYLOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0A.THE BOARD CONVENED A COMPENSATION COMMITTEE CONSISTING OF FOUR BOARD MEMBERS INCUDING THE CURRENT CHAIR AND VICE CHAIR OF THE BOARD AND THE PAST CHAIR OF THE BOARD. B.THE COMPENSATON COMMITTEE HIRED AN OUTSIDE ATTORNEY TO CONDUCT A SALARY SURVEY AND COMPENSATION LEVELS FOR CEOS OF COMPARABLE ORGONIZATIONS. C.THE ATTORNEY AND BOARD COMMITTEE HAD SEVERAL DISCUSSIONS. MANY OF THE DISCUSSION WERE HELD WITHOUT THE CEO BEING PRESENT. D.THE COMMITTEE MADE A RECOMMENDATION TO THE FULL BOARD IN THE 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 CEOS EMPLOYMENT CONTRACTS AND COMPENSATIONG.THE BOARD CHAIR MET WITH THE CEO TO INFORM HER OF THE BOARD DECISION.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1BOARD DIRECTOR AND CEO PARTICIPATES IN A NONQUALIFIED SECTION 457F RETIREMENT PLAN. CENTER POINT CONTRIBUTES AN AMOUNT EQUAL TO 20% OF CEOS BASE SALARY TO THE PLAN. THE AMOUNTS ARE NOT VESTED AND REMIAN AT RISK AND MAY END UP NOT BEING PAID TO THE EPLOYEE.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2AS PART OF CEOS COMPENSATION PACKAGE, CENTER POINT LEASES A VEHICLE IN LIEU OF ANY MILEAGE REIMBURSEMENTS OR MONTHLY VEHICLE ALLOWANCES. NONTAXABLE BENEFITS INCLUDE THE VALUE OF THE EMPLOYER PAID PREMIUMS TO PROVICDE THE EMPLOYEE WITH HEALTH INSURANCE COVERAGE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Related organization compensation method (Part I, line 3)
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Listed persons compensation information (Part I, line 4)
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2General Explanation Attachment
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CEO IS THE MOTHER OF AN OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE DETAILS ON SCHEDULE J

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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