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Nonprofiteer
← PONTIAC COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by PONTIAC COMMUNITY FOUNDATION INC.

Totals

Total revenue
$1,570,982
Total expenses
$1,447,435
Contributions and grants received
$1,559,749
Grants paid
$331,555
Program service revenue
$11,200
Investment income
$33
Other revenue
$0
Total assets, end of year
$983,119
Total liabilities, end of year
$260,636
Net assets or fund balances, end of year
$722,483
Program services expenses (Part IX)
$1,040,103
Management and general expenses
$206,400
Fundraising expenses
$200,932
Program service expenses (Part III)
$1,040,103

Program services were 71.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $837,698

  • 1f · All other contributions, gifts and grants

    $722,051

  • 1g · Noncash contributions included above

    $13,998

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $11,200 · related or exempt $11,200

  • 3 · Investment income

    total $33 · related or exempt $33

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $322,077 · program services $322,077

  • 2 · Grants to domestic individuals

    total $9,478 · program services $9,478

  • 5 · Compensation of officers, directors and key employees

    total $132,627 · program services $44,209 · management and general $44,209 · fundraising $44,209

  • 7 · Other salaries and wages

    total $414,705 · program services $244,247 · management and general $80,427 · fundraising $90,031

  • 10 · Payroll taxes

    total $42,064 · program services $23,649 · management and general $9,160 · fundraising $9,255

  • 11b · Fees: legal

    total $17,692 · management and general $17,692

  • 11g · Fees: other

    total $174,486 · program services $168,638 · management and general $5,848

  • 13 · Office expenses

    total $92,519 · program services $34,400 · management and general $17,273 · fundraising $40,846

  • 14 · Information technology

    total $1,993 · management and general $1,993

  • 16 · Occupancy

    total $60,691 · program services $32,239 · management and general $13,698 · fundraising $14,754

  • 17 · Travel

    total $47,824 · program services $47,824

  • 19 · Conferences, conventions and meetings

    total $15,411 · program services $9,852 · management and general $3,722 · fundraising $1,837

  • 20 · Interest

    total $2,423 · management and general $2,423

  • 22 · Depreciation, depletion and amortization

    total $1,467 · program services $1,467

  • 23 · Insurance

    total $8,910 · management and general $8,910

  • 24a · Other expenses: COMMUNITY OUTREACH

    total $59,005 · program services $59,005

  • 24b · Other expenses: COMMUNITY DEVELOPMENT

    total $15,847 · program services $15,847

  • 24c · Other expenses: PROGRAM DEVELOPMENT

    total $11,872 · program services $11,872

  • 24d · Other expenses: MISCELLANEOUS GRANTS

    total $7,252 · program services $7,252

  • 24e · All other expenses

    total $9,092 · program services $8,047 · management and general $1,045

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $461,669 · end of year $157,878

  • 2 · Savings and temporary cash investments

    beginning of year $98,018 · end of year $265,151

  • 3 · Pledges and grants receivable

    beginning of year $150,648 · end of year $440,453

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,333

  • 10a · Land, buildings and equipment: cost or other basis

    $8,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,467

  • 10c · Land, buildings and equipment, net

    end of year $6,533

  • 15 · Other assets

    end of year $113,104

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,375 · end of year $22,496

  • 24 · Unsecured notes and loans payable

    beginning of year $88,100 · end of year $88,100

  • 25 · Other liabilities

    beginning of year $18,251 · end of year $150,040

  • 27 · Net assets without donor restrictions

    beginning of year $516,294 · end of year $649,025

  • 28 · Net assets with donor restrictions

    beginning of year $82,648 · end of year $73,458

Mission and programs · 2022

Mission

PONTIAC COMMUNITY FOUNDATION (PCF) IS AN INDEPENDENT 501 (C)(3) ORGANIZATION, DEDICATED TO ENGAGING THOUGHT LEADERSHIP, STRATEGIC COLLABORATION, AND THE SPIRIT OF INGENUITY AND INNOVATION, TO TACKLE PONTIACS MOST PRESSING ISSUES. IN SHORT, WE ARE DOING ALL WE CAN TO LEAVE A BETTER PONTIAC FOR THE NEXT GENERATION. AS PONTIACS COMMUNITY FOUNDATION, WE ALSO EMPOWER AND ACCELERATE THE COMMUNITY THROUGH GRANT-MAKING INITIATIVES AND STEWARDING PERMANENT FINANCIAL ASSETS FOR THE LONG-TERM VIABILITY OF THE CITY.

  • PONTIAC COMMUNITY FOUNDATION (PCF) CONTINUES TO WORK CLOSELY ON THE CONSTRUCTION OF MATTIE MCKINNEY HATCHETT PARK, PROVIDING OVERSIGHT AND PROJECT MANAGEMENT WITHIN THE SCOPE OF THE PROJECT'S TOTAL BUDGET FOR PARK REDEVELOPMENT OF 350,000 PONTIAC OPEN STREETS ENGAGED 391 PONTIAC RESIDENTS WITH AN OUTLET FOR PHYSICAL ACTIVITY, OPPORTUNITY FOR YOUTH INTERACTION, AND COMMUNITY PARTNERSHIP. THROUGHOUT 2022, CFPE HOSTED 63 DIFFERENT TRAINING SESSIONS FOR PONTIAC ENTREPRENEURS. THESE TRAINING SESSIONS RESULTED IN 142 HOURS OF WORKSHOPS, WITH A TOTAL ATTENDANCE OF 401 ACROSS ALL WORKSHOPS. IN ADDITION TO WORKSHOPS, CFPE AND ITS PARTNERS ALSO HELD INDIVIDUAL COUNSELING SESSIONS FOR PONTIAC ENTREPRENEURS. IN TOTAL, 67 ENTREPRENEURS RECEIVED INDIVIDUALIZED SUPPORT FOR A WIDE VARIETY OF SMALL BUSINESS NEEDS. OF THIS GROUP, 27 RECEIVED SUPPORT THAT WAS DIRECTLY RELATED TO ACCESS TO CAPITAL, IN THE FORM OF GRANT AND LOAN APPLICATION SUPPORT. CFPE WAS ALSO INSTRUMENTAL IN SUPPORTING WOMEN-OWNED BUSINESSES IN PONTIAC, AS FEMALE ENTREPRENEURS ACCOUNTED FOR OVER HALF OF ALL COUNSELING CLIENTS, WITH 37 WOMEN-OWNED BUSINESSES RECEIVING COUNSELING. CFPE ALSO SERVED THE CRITICAL ROLE OF A CONVENER IN THE PONTIAC SMALL BUSINESS SUPPORT ECOSYSTEM THROUGH ITS MONTHLY SMALL BUSINESS ROUNDTABLE. THESE MONTHLY MEETINGS PROVIDED A SPACE FOR LOCAL ORGANIZATIONS TO INFORM EACH OTHER OF EVENTS TAKING PLACE ACROSS SOUTHEAST MICHIGAN AND RESOURCES AVAILABLE TO THEIR SMALL BUSINESS CLIENTS. 20 LOCAL ORGANIZATIONS, WITH A WIDE VARIETY OF FOCUS AREAS, ATTENDED THE SMALL BUSINESS ROUNDTABLE THROUGHOUT 2022. CFPE, IN PARTNERSHIP WITH THE PONTIAC FUNDERS COLLABORATIVE, SUPPORTED A MARKET ANALYSIS OF FINANCING OPPORTUNITIES FOR PONTIAC SMALL BUSINESS OWNERS. THIS RESEARCH PROCESS INCLUDED ELEVEN INTERVIEWS WITH TRADITIONAL LENDERS, COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS, AND SUPPORT ORGANIZATIONS SUCH AS SCORE. THESE INTERVIEWS PROVIDED A WINDOW INTO SOME OF THE ISSUES PLAGUING LOAN AND GRANT APPLICANTS. USING THE INFORMATION GATHERED FROM THESE INTERVIEWS, AND OTHER METHODS OF ANALYSIS, A MULTI-YEAR PLAN WAS DEVELOPED TO ADDRESS THE CAPITAL NEEDS OF PONTIAC ENTREPRENEURS. IT IS IMPORTANT TO NOTE PCF'S ROLE AS A LEADER WITH DATA ANALYSIS AND SUPPORT FROM THE CDFI SOLUTIONS TO SUPPORT SMALL BUSINESS CAPITAL ACCESS IN PONTIAC, MI REPORT. IN DECEMBER 2022, PARTICIPATING PONTIAC NONPROFITS WERE GIVEN THE TOOLS AND RESOURCES NECESSARY TO ENGAGE COMMUNITY MEMBERS IN CROWDFUNDING VIA THE PONTIAC IMPACT CHALLENGE. AS A RESULT OF THE IMPACT CHALLENGE, 68,555 WAS RAISED FROM 246 SUPPORTERS. INCLUDING THE AWARDS FROM PONTIAC COMMUNITY FOUNDATION, 61,243 WAS INVESTED IN PONTIAC NONPROFITS AS A RESULT OF THE IMPACT CHALLENGE. IN 2022, PCF EXPANDED ITS TRANSPORTATION PROGRAM, M1 MOBILITY, PROVIDING 2,500 RIDES TO PONTIAC RESIDENTS IN PARTNERSHIP WITH PARTICIPATING NON- PROFITS, THE CITY OF PONTIAC, AND OTHER ORGANIZATIONS IN NEED OF DIRECT TRANSPORTATION SERVICES. PCF, IN PARTNERSHIP WITH CHIEF FINANCIAL CREDIT UNION, AWARDED ONE SCHOLARSHIP TO A PONTIAC RESIDENT PARTICIPATE IN LEADERSHIP OAKLAND'S 2022 CORNERSTONE PROGRAM. AS A RESULT OF THE INCREASED NEED FOR FOOD ASSISTANCE SERVICES ACROSS OAKLAND COUNTY, PONTIAC COMMUNITY FOUNDATION, IN PARTNERSHIP WITH OAKLAND COUNTY, ESTABLISHED THE HEALTHY FOOD ACCESS GRANT PROGRAM IN 2022. THIS PROGRAM PROVIDED ONE-TIME OPERATIONAL AND PROGRAMMATIC GRANTS TO ORGANIZATIONS PROVIDING CRITICAL FOOD ASSISTANCE SERVICES TO RESIDENTS AND COMMUNITIES ACROSS OAKLAND COUNTY. OAKLAND COUNTY PROVIDED 300,000 TO QUALIFIED ORGANIZATIONS THROUGH A COMPETITIVE GRANT AWARD PROCESS ADMINISTERED BY THE PONTIAC COMMUNITY FOUNDATION. PREVENTION PONTIAC IS A SUBSTANCE ABUSE PREVENTION AND WELLNESS COALITION THAT SERVES PONTIAC RESIDENTS AND IS PART OF THE ALLIANCE OF COALITIONS FOR HEALTHY COMMUNITIES, A BROADER NETWORK THAT SERVES ALL OF OAKLAND COUNTY, AND IS HOUSED AT PCF. IN 2022, PCF WORKED TO COMPLETE THE GUIDING FRAMEWORK OF PREVENTION PONTIAC, ALL OF WHICH WAS HEAVILY GUIDED BY THE WORK OF THE PREVENTION PONTIAC ADVISORY BOARD, WHICH IS MADE UP OF REPRESENTATIVES FROM VARIOUS SECTORS ROOTED THROUGHOUT PONTIAC. AS A RESULT, PREVENTION PONTIAC HOSTED, 14 COMMUNITY EVENTS, COLLECTED 5 QUARTS OF UNWANTED DRUGS AT A COMMUNITY "DRUG-TAKE BACK DAY" EVENT, TRAINED 17 COMMUNITY MEMBERS AT COMMUNITY NARCAN TRAININGS, DISTRIBUTED 50 "21 TO BUY NOT SUPPLY" VENDOR EDUCATION PACKETS TO PONTIAC RETAILERS, DISTRIBUTED 62 TOBACCO-RELATED EDUCATION PACKETS TO PONTIAC RETAILERS DURING SYNAR COVERAGE STUDY, AND HOSTED A PISTONS "PREVENTION PONTIAC" RALLY AT PONTIAC MIDDLE SCHOOL.

    Expenses $1,040,103 · Grants $331,555

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dustin McClellan

    DIRECTOR

    Total calculated
    $132,627
    From this org
    $121,000
    From related orgs
    $0
    Other
    $11,627
    Hours/week
    40
  • Cheryl Boodram

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gill Garrett

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Kathalee James

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Frederick Livingston

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Curt Powers

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Adam Smart

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Kyle Westberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patrick Zaremba

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202323139349302157

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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