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.
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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 McClellanDUSTIN MCCLELLAN
DIRECTOR
- Total calculated
- $132,627
- From this org
- $121,000
- From related orgs
- $0
- Other
- $11,627
- Hours/week
- 40
-
Cheryl BoodramCHERYL BOODRAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gill GarrettGILL GARRETT
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Kathalee JamesKATHALEE JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Frederick LivingstonFREDERICK LIVINGSTON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Curt PowersCURT POWERS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Adam SmartADAM SMART
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Kyle WestbergKYLE WESTBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Patrick ZarembaPATRICK 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
-
$50,000
ARPA FOOD GRANT
-
$50,000
ARPA FOOD GRANT
-
$40,000
ARPA FOOD GRANT
-
ARPA FOOD GRANT
-
$25,000
ARPA FOOD GRANT
-
ARPA FOOD GRANT
-
$25,000
ARPA FOOD GRANT
-
$25,000
ARPA FOOD GRANT
-
$25,000
ARPA FOOD GRANT
-
EOCNOMIC VITALITY
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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