Tipping Point Community
- Assets
- $69.1m
- Revenue
- $55.6m
- Investments
- $172.5k
- Employees
- 53
- Location
- San Francisco, CA
- Founding
- 08/2005
- Data as of
- 06/2022
- EIN
- 20-2121739
Organization Overview
Tipping Point Community is located in San Francisco, CA. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Tipping Point Community employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tipping Point Community is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Tipping Point Community generated $55.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $40.4m during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tipping Point Community has awarded 952 individual grants totaling $466,270,873. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TIPPING POINT FINDS, FUNDS, AND STRENGTHENS THE MOST PROMISING POVERTY-FIGHTING SOLUTIONS SO ONE DAY EVERYONE IN THE BAY AREA CAN PROSPER. SINCE 2005, TIPPING POINT HAS INVESTED OVER $350 MILLION IN THE COMMUNITY TO SUPPORT ORGANIZATIONS, ADVANCE POLICIES, AND DEVELOP NEW IDEAS TO INCREASE ECONOMIC OPPORTUNITY. LAST YEAR, OUR INVESTMENTS FUNDED LIFE-CHANGING SERVICES IN HOUSING, EARLY CHILDHOOD, EDUCATION, AND EMPLOYMENT FOR MORE THAN 100,000 OF OUR NEIGHBORS ACROSS THE BAY AREA. OUR BOARD COVERS 100% OF OUR OPERATING COSTS, SO EVERY DOLLAR DONATED GOES WHERE IT IS NEEDED MOST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIPPING POINT COMMUNITY CONDUCTS RIGOROUS DUE DILIGENCE WITH POTENTIAL PARTNERS AND GRANTEES. WE LOOK FOR ALIGNMENT WITH TIPPING POINT'S STRATEGY ALONG WITH STRONG LEADERSHIP, SOLID FINANCIAL STANDING, AND DEMONSTRATED WILLINGNESS TO MEASURE OUTCOMES. WE USE A MIX OF PRO BONO AND CONTRACTED SERVICES FROM OUR PARTNERS, TARGETED TRAININGS, AND STAFF ADVICE AND EXPERTISE TO PARTNER WITH GRANTEES WHERE THEY NEED THE MOST SUPPORT TO STRENGTHEN THEIR IMPACT IN THE FIGHT AGAINST POVERTY. ADDITIONALLY, WE COLLABORATE REGIONALLY AND ACROSS SECTORS TO CHANGE SYSTEMS AND BRING THE MOST EFFECTIVE INTERVENTIONS TO MORE PEOPLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Cobbs CEO | Officer | 40 | $410,983 |
Elizabeth Givens Chief Development Officer | Officer | 40 | $273,676 |
Elizabeth Bender Chief Operating Officer | Officer | 40 | $269,563 |
Joshua Steinberger Chief External Affairs Officer | Officer | 40 | $268,325 |
Kelly Bathgate Chief Program Officer (thru 03/22) | Officer | 40 | $250,499 |
James Austin Senior Director Of Impact | 40 | $189,044 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
E2k Spring Drive-in Event - Event Production | 6/29/22 | $480,754 |
Bonfire Labs Creative And Editorial Services | 6/29/22 | $483,670 |
Willie Nelson Spring Drive-in Event - Talent | 6/29/22 | $450,000 |
The Regents Of Uc Berkeley Various Projects (Counts, Tax Credits, S | 6/29/22 | $285,750 |
Media Cause All In Campaign | 6/29/22 | $251,525 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,121,820 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,116,152 |
| Noncash contributions included in lines 1a–1f | $8,819,344 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,237,972 |
| Total Program Service Revenue | $0 |
| Investment income | $66,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$102,022 |
| Net Income from Fundraising Events | -$2,572,224 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,633,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,633,806 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,964,921 |
| Compensation of current officers, directors, key employees. | $815,528 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,867,357 |
| Pension plan accruals and contributions | $287,043 |
| Other employee benefits | $984,421 |
| Payroll taxes | $473,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,850 |
| Fees for services: Accounting | $49,280 |
| Fees for services: Lobbying | $9,433 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,901,446 |
| Advertising and promotion | $186,467 |
| Office expenses | $730,399 |
| Information technology | $282,045 |
| Royalties | $0 |
| Occupancy | $666,869 |
| Travel | $21,186 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,157 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,547 |
| Insurance | $63,326 |
| All other expenses | $292,427 |
| Total functional expenses | $40,432,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,578,441 |
| Savings and temporary cash investments | $14,846,915 |
| Pledges and grants receivable | $14,745,442 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $400,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,455 |
| Net Land, buildings, and equipment | $284,549 |
| Investments—publicly traded securities | $23,507 |
| Investments—other securities | $172,500 |
| Investments—program-related | $0 |
| Intangible assets | $928,658 |
| Other assets | $55,000 |
| Total assets | $69,097,467 |
| Accounts payable and accrued expenses | $1,134,809 |
| Grants payable | $8,122,911 |
| Deferred revenue | $311,940 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,569,660 |
| Net assets without donor restrictions | $32,723,821 |
| Net assets with donor restrictions | $26,803,986 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $69,097,467 |
Grants Awarded
Over the last fiscal year, Tipping Point Community has awarded $24,751,899 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: CHILD TRAUMA RESEARCH PROGRAM/BETTER FUTURES | $1,778,478 |
Milpitas, CA PURPOSE: CHI | $1,000,000 |
Dorchester, MA PURPOSE: BETTER FUTURES | $901,520 |
San Francisco, CA PURPOSE: CHI | $800,000 |
Oakland, CA PURPOSE: HOUSING ISSUE AREA | $779,250 |
San Francisco, CA PURPOSE: HOUSING ISSUE AREA | $773,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tipping Point Community has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Bill And Susan Oberndorf Foundation San Francisco, CA PURPOSE: GENERAL CHARITY | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fh Association Phoenix, AZ | $26,443,045 | $107,705,615 |
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |