Vantage Pointe INC FY2020 filing

Wilmington, NC · Unknown exempt organization

Latest data FY2020
Revenue
$239K
Spent
$263K
To programs
86%
Net assets
$180K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Form 990 for the fiscal year ending June 2020 (IRS tax year 2019).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
No filing since FY2020 — 6 yrs
Foundation funders?
1 funder — Amazonsmile Foundation
$16 in the latest grant year.
Spent on programs?
86% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CVantage Pointe INC
EINHdr · item D56-1829706
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CWilmington, NC
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.vantagepointenc.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program services86%$226K
Management & general10%$27K
Fundraising4%$11K
Total functional expensesLn 25$263K

Financial health

Revenue & expenses by yearFY2020–FY2021
Revenue
$239K
FY2020
Surplus margin
-10%
revenue over expenses, this year
Program spending
86%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue less expensesPt I · Ln 19−$25K
Total assetsPt X · Ln 16$191K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$74K
Total assetsLn 16$191K
Total liabilitiesLn 26$11K
Total net assetsLn 32$180K
Months of cash on handcomputed3.4

Statement of Revenue

Part VIII
Program service revenue$130K · 54%
Contributions & grants$107K · 45%
Investment income$2K · 1%
Program service revenue54%$130K
Contributions & grants45%$107K
Investment income1%$2K
— government grantsLn 1e$106K
Total revenueLn 12$239K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $173K · Operating expenses/yr $263K
7.9 months
Where the money goes
Program services
Program services $226K · Total expenses $263K
86%
Management & General
Management & general $27K · Total expenses $263K
10%
Fundraising
Fundraising $11K · Total expenses $263K
4%
Cost to raise $1
Fundraising expense $11K · Solicited contributions $880
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $107K · Total revenue $239K
45%
Government reliance
Government grants $106K · Total revenue $239K
44%
Earned-income share
Program service revenue $130K · Total revenue $239K
54%
Investment reliance
Investment income $2K · Total revenue $239K
+1.0%
Program self-sufficiency
Program service revenue $130K · Total expenses $263K
49%
Growth & trend
Revenue growth (YoY)
This year $239K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $180K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $239K · Expenses $263K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $191K
—
Net-asset ratio
Net assets $180K · Total assets $191K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $98K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $191K
51%
People & payroll
Highest Reported Total Compensation
Individual Michael Palombo · Reported title Chair · Highest reported compensation $0 · Total expenses $263K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $169K · Total expenses $263K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%——
Overhead ratio 10%——
Fundraising cost ratio 10%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 5%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Vantage Pointe INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Helps families, businesses, and communities rebuild relationships through mediation, facilitation, and training.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $226K of program spending, described in the organization's own filed words · FY2019.
01

During the year, Vantage Pointe served more than 1800 individuals through its various programs. These included 240 Medicaid Appeals cases mediated with 269 individuals served, 256 Child and Family Team Meetings held in Brunswick and New Hanover counties with 1024 individuals in attendance, and approximately 150 people who were served…

$226Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

Filing history

YearRevenueExpensesChangeFiling
FY2021 Latest $138K—-42% 990 PDF
FY2020 Viewing $239K$263K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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