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Nonprofiteer
← POINT SOURCE YOUTH INC

Form 990 for tax year 2022

Filed by POINT SOURCE YOUTH INC.

Totals

Total revenue
$5,894,838
Total expenses
$3,300,133
Contributions and grants received
$5,357,698
Grants paid
$204,997
Program service revenue
$522,550
Investment income
$14,590
Other revenue
$0
Total assets, end of year
$6,046,856
Total liabilities, end of year
$30,267
Net assets or fund balances, end of year
$6,016,589
Program services expenses (Part IX)
$2,657,137
Management and general expenses
$447,029
Fundraising expenses
$195,967
Program service expenses (Part III)
$2,657,137

Program services were 80.5% 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)

    $35,000

  • 1f · All other contributions, gifts and grants

    $5,322,698

  • 2a · Program service revenue: TECHNICAL ASSISTANCE

    total $522,550 · related or exempt $522,550

  • 3 · Investment income

    total $14,590 · excluded $14,590

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $204,997 · program services $204,997

  • 5 · Compensation of officers, directors and key employees

    total $241,071 · program services $170,331 · management and general $35,463 · fundraising $35,277

  • 7 · Other salaries and wages

    total $1,195,054 · program services $1,092,634 · management and general $66,319 · fundraising $36,101

  • 8 · Pension plan contributions

    total $24,851 · program services $21,899 · management and general $1,742 · fundraising $1,210

  • 9 · Other employee benefits

    total $170,329 · program services $152,671 · management and general $10,802 · fundraising $6,856

  • 10 · Payroll taxes

    total $111,377 · program services $98,147 · management and general $7,806 · fundraising $5,424

  • 11c · Fees: accounting

    total $101,091 · management and general $101,091

  • 11g · Fees: other

    total $335,125 · program services $206,578 · management and general $31,755 · fundraising $96,792

  • 12 · Advertising and promotion

    total $101,854 · program services $87,984 · management and general $6,112 · fundraising $7,758

  • 13 · Office expenses

    total $53,504 · program services $28,616 · management and general $20,952 · fundraising $3,936

  • 14 · Information technology

    total $45,961 · program services $7,918 · management and general $37,540 · fundraising $503

  • 16 · Occupancy

    total $10,255 · program services $1,012 · management and general $9,243

  • 17 · Travel

    total $58,173 · program services $42,614 · management and general $15,545 · fundraising $14

  • 19 · Conferences, conventions and meetings

    total $323,001 · program services $323,001

  • 22 · Depreciation, depletion and amortization

    total $988 · program services $988

  • 23 · Insurance

    total $19,624 · management and general $19,624

  • 24a · Other expenses: STIPENDS

    total $176,683 · program services $172,572 · management and general $4,111

  • 24b · Other expenses: RECRUITING

    total $72,375 · management and general $72,375

  • 24c · Other expenses: PAYROLL PROCESSING

    total $43,045 · program services $37,932 · management and general $3,017 · fundraising $2,096

  • 24d · Other expenses: VIDEO

    total $8,163 · program services $7,243 · management and general $920

  • 24e · All other expenses

    total $2,612 · management and general $2,612

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,451,295 · end of year $3,162,088

  • 2 · Savings and temporary cash investments

    beginning of year $100,202 · end of year $4,020

  • 3 · Pledges and grants receivable

    beginning of year $416,467 · end of year $706,399

  • 4 · Accounts receivable

    beginning of year $1,097,165 · end of year $1,424,081

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,050 · end of year $28,024

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

    $4,943

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

    $4,366

  • 10c · Land, buildings and equipment, net

    beginning of year $1,565 · end of year $577

  • 11 · Investments: publicly traded securities

    beginning of year $455,188 · end of year $714,480

  • 15 · Other assets

    beginning of year $0 · end of year $7,187

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,446 · end of year $30,267

  • 27 · Net assets without donor restrictions

    beginning of year $1,531,218 · end of year $1,984,521

  • 28 · Net assets with donor restrictions

    beginning of year $1,981,268 · end of year $4,032,068

Mission and programs · 2022

Mission

TO PREVENT YOUTH HOMELESSNESS, ESPECIALLY AMONG LGBTQ YOUTH, TO AID HOMELESS YOUTH THROUGH TESTED METHODS OF INTERVENTION, AND TO SUPPORT ORGANIZATIONS SERVING HOMELESS YOUTH, POINT SOURCE YOUTH PROVIDES ASSISTANCE WITH ACCESS TO FUNDING, EVALUATION OF PROGRAMS AND TECHNICAL EXPERTISE.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • WE HELP ADVOCATE FOR, IMPLEMENT, AND EVALUATE PROVEN, SCALABLE, AND REPLICABLE YOUTH HOMELESSNESS INTERVENTIONS INCLUDING - FAMILY & KINSHIP STRENGTHENING, SHORT-TERM HOST HOMES, AND RAPID RE-HOUSING - TO INCREASE HOUSING OPTIONS FOR YOUTH AND TO END YOUTH HOMELESSNESS.

    Expenses $2,657,137 · Grants $204,997 · Revenue $522,550

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

Listed in Part VII

  • Ronald Johnson

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Colin McSwiggen

    TREASURER AND SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Cynthia Langtiw

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Joanne Rosen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • Amy Flood

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • John Kimble

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • Justin Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • Ana Oliveria

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • Eric Enderlin

    BOARD MEMBER (FROM 07/2022)

    Total calculated
    $0
    Hours/week
    4

  • Jane Stafford

    BOARD MEMBER (FROM 10/2022)

    Total calculated
    $0
    Hours/week
    4

  • Lawrence Cohen

    CO-FOUNDER AND EXECUTIVE DIRECTOR

    Total calculated
    $241,072
    From this org
    $218,143
    From related orgs
    $0
    Other
    $22,929
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,663
    Bonus
    $0
    Other
    $480
    Deferred
    $8,726
    Nontaxable benefits
    $14,203
    Filer's total
    $241,072

  • Pilar Barreyro McDermott

    VP, COMMUNICATIONS & STRATEGY

    Total calculated
    $145,586
    From this org
    $137,980
    From related orgs
    $0
    Other
    $7,606
    Hours/week
    40

  • Leoncio Garcia

    SVP, PROG., POLICY, (FROM 05/2022)

    Total calculated
    $121,245
    From this org
    $113,653
    From related orgs
    $0
    Other
    $7,592
    Hours/week
    40

  • Brittany Garner

    VP, PROGRAMS

    Total calculated
    $145,099
    From this org
    $126,967
    From related orgs
    $0
    Other
    $18,132
    Hours/week
    40

  • Kayla Monteiro

    SENIOR DIRECTOR, CONFERENCES & EVENTS

    Total calculated
    $109,086
    From this org
    $101,480
    From related orgs
    $0
    Other
    $7,606
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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
20 June 2023
IRS schema version
2022v5.0
Source object
202331719349300103

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

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