Civic Intelligence

Sourcepoint

EIN 95-3743125 • 501(c)3 • San Diego, CA

Profile

SourcePoint's iCommute provides informational services, promotions and program services for commuters. The goal is to manage and reduce traffic congestion during peak-times, as as well as reduce greenhouse gas. The emissions and other environmental pollutants that result from commuters driving to work each day alone.

401 B Street Suite 800San Diego, CA 92101

www.sandag.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.01x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

90th percentile

51%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

59th percentile

2.9%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

93%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$208,185

Up $5,907 (+2.9%) from 2023

Liabilities

Up

$1,146

Up $921 (+409%) from 2023

Net Assets

Up

$207,039

Up $4,986 (+2.5%) from 2023

Revenue

Up

$11,439

Up $5,500 (+93%) from 2023

Expenses

Down

$5,575

Down $7,368 (-57%) from 2023

Net Income

Up

$5,864

Up $12,868 (+184%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $977,664Liabilities 2012: $752,966Net Assets 2012: $224,6992012Assets 2013: $1,035,125Liabilities 2013: $806,595Net Assets 2013: $228,5302013Assets 2014: $3,309,846Liabilities 2014: $3,072,517Net Assets 2014: $237,3292014Assets 2015: $3,946,224Liabilities 2015: $3,727,427Net Assets 2015: $218,7972015Assets 2016: $417,085Liabilities 2016: $192,373Net Assets 2016: $224,7122016Assets 2017: $218,079Liabilities 2017: $1,098Net Assets 2017: $216,9812017Assets 2018: $218,258Liabilities 2018: $4,8632018Assets 2019: $219,420Liabilities 2019: $3,2502019Assets 2020: $219,420Liabilities 2020: $3,2502020Assets 2021: $211,038Liabilities 2021: $02021Assets 2022: $209,402Liabilities 2022: $345Net Assets 2022: $209,0572022Assets 2023: $202,278Liabilities 2023: $225Net Assets 2023: $202,0532023Assets 2024: $208,185Liabilities 2024: $1,146Net Assets 2024: $207,0392024

Highlighted filing

2024

Assets$208,185
Liabilities$1,146
Net Assets$207,039

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2012: $292,862Expenses 2012: $299,213Net Income 2012: -$6,3512012Revenue 2013: $1,243,891Expenses 2013: $1,240,060Net Income 2013: $3,8312013Revenue 2014: $4,640,521Expenses 2014: $4,631,722Net Income 2014: $8,7992014Revenue 2015: $11,865,689Expenses 2015: $11,884,221Net Income 2015: -$18,5322015Revenue 2016: $1,426,483Expenses 2016: $1,420,568Net Income 2016: $5,9152016Revenue 2017: $5,157Expenses 2017: $12,888Net Income 2017: -$7,7312017Revenue 2018: $12,979Expenses 2018: $16,565Net Income 2018: -$3,5862018Revenue 2019: $15,774Expenses 2019: $12,999Net Income 2019: $2,7752019Revenue 2020: $8,009Expenses 2020: $11,510Net Income 2020: -$3,5012020Revenue 2021: $7,610Expenses 2021: $9,241Net Income 2021: -$1,6312021Revenue 2022: $6,950Expenses 2022: $8,706Net Income 2022: -$1,7562022Revenue 2023: $5,939Expenses 2023: $12,943Net Income 2023: -$7,0042023Revenue 2024: $11,439Expenses 2024: $5,575Net Income 2024: $5,8642024

Highlighted filing

2024

Revenue$11,439
Expenses$5,575
Net Income$5,864

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 29, 2024
Return Version
2023v5.0
Gross Receipts
$11,439
Mission and Program Overview

Mission

SourcePoint's iCommute provides informational services, promotions and program services for commuters. The goal is to manage and reduce traffic congestion during peak-times, as as well as reduce greenhouse gas. The emissions and other environmental pollutants that result from commuters driving to work each day alone.

Program Services

DescriptionGrantsExpenses
Grants and similar amounts paid of $8,503 were promotional items purchased to encourage participation in iCommute programs$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nora VargasChair, County Of San Diego-$0--
Sean Elo-RiveraVice Chair, Council President, City Of San Diego-$0--
Lisa HeebnerSecond Vice Chair, Mayor, City Of Solana Beach-$0--
Rebecca JonesMayor, City Of San Marcos-$0--
Raquel VasquezMayor, City Of Lemon Grove-$0--
Andrea CardenasCouncilmember, City Of Chula Vista-$0--
Filing and Contact Details

Filer

Filer Name
Sourcepoint
EIN
95-3743125
Phone
6196991900
Address
401 B Street Suite 800, San Diego, CA 92101

Signing Officer

Name
Dawn Vettese
Title
Chief Financial Officer
Phone
6196996931
Signed
2024-10-29
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Other Revenues of $1,839 was bank earning credits which was offset by bank deficit position and service charges

Form 990-EZ, Part I, Line 16

- Filling fee: 25 - Bank Service fee: 1,838 - Audit fee: 3,712

Form 990-EZ, Part I, Line 20

Adjusted amount of $878 due to adjustment on GASB31, re-calculated interests received based on Market Rate instead of Book Value.

Form 990-EZ, Part II, Line 24

Interest Receivable: $1,166

Form 990-EZ, Part II, Line 26

Due to other fund: $225; Accounts Payable: $921; Total Liabilities: $1,146

Raw XML Appendix196 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Revenues of $1,839 was bank earning credits which was offset by bank deficit position and service charges
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Dawn Vettese
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ReturnHeader/BusinessOfficerGrp/PhoneNum06196996931
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-29
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ReturnHeader/Filer/EIN0953743125
ReturnHeader/Filer/PhoneNum06196991900
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