Tipping Point Community
- Assets
- $75.2m
- Revenue
- $41.3m
- Investments
- $47.4k
- Employees
- 64
- Location
- San Francisco, CA
- Founding
- 08/2005
- Data as of
- 06/2023
- 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 06/2023, Tipping Point Community employed 64 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 06/2023, Tipping Point Community generated $41.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $39.9m during the year ending 06/2023. While expenses have increased by 4.4% per year over the past 8 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 776 individual grants totaling $342,286,122. 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
2023
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 $410 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 NEARLY 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Cobbs CEO | Officer | 40 | $451,440 |
Elizabeth Givens Chief Development Officer | Officer | 40 | $286,892 |
Elizabeth Bender Chief Operating Officer | Officer | 40 | $282,610 |
Jake Hobson Senior Director Of Individual Giving | 40 | $197,130 | |
Joshua Steinberger - Chief External Affairs Officer (thru 9/22) | Officer | 40 | $206,556 |
James Austin - Senior Director Of Impact (thru 3/23) | 40 | $198,447 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
E2k Benefit Event Productions | 6/29/23 | $1,127,859 |
Ctr Touring Talent For Benefit Event | 6/29/23 | $500,050 |
Urban Institute Chi Evaluation | 6/29/23 | $313,435 |
Mccalls Catering & Events Catering For Benefit | 6/29/23 | $241,595 |
Media Cause All In Campaign | 6/29/23 | $244,326 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,523,321 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,425,544 |
| Noncash contributions included in lines 1a–1f | $7,417,063 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,948,865 |
| Total Program Service Revenue | $0 |
| Investment income | $1,443,743 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,046 |
| Net Income from Fundraising Events | -$3,106,825 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,321,039 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,489,583 |
| 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. | $1,592,812 |
| Compensation of current officers, directors, key employees. | $832,209 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,231,770 |
| Pension plan accruals and contributions | $238,299 |
| Other employee benefits | $1,137,009 |
| Payroll taxes | $487,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $900 |
| Fees for services: Accounting | $53,620 |
| Fees for services: Lobbying | $5,070 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,884,547 |
| Advertising and promotion | $94,487 |
| Office expenses | $141,596 |
| Information technology | $309,890 |
| Royalties | $0 |
| Occupancy | $667,505 |
| Travel | $67,358 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,789 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,474 |
| Insurance | $73,459 |
| All other expenses | $437,092 |
| Total functional expenses | $39,924,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,341,491 |
| Savings and temporary cash investments | $20,483,878 |
| Pledges and grants receivable | $15,577,677 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $400,309 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $64,517 |
| Net Land, buildings, and equipment | $198,075 |
| Investments—publicly traded securities | $519,593 |
| Investments—other securities | $47,438 |
| Investments—program-related | $0 |
| Intangible assets | $2,025,987 |
| Other assets | $1,559,967 |
| Total assets | $75,218,932 |
| Accounts payable and accrued expenses | $1,121,611 |
| Grants payable | $11,009,329 |
| Deferred revenue | $0 |
| 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 | $1,748,525 |
| Total liabilities | $13,879,465 |
| Net assets without donor restrictions | $38,826,584 |
| Net assets with donor restrictions | $22,512,883 |
| 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 | $75,218,932 |
Grants Awarded
Over the last fiscal year, Tipping Point Community has awarded $25,783,210 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
3RD STREET YOUTH CENTER AND CLINIC PURPOSE: HOUSING ISSUE AREA | $105,000 |
AMIGOS DE GUADALUPE CENTER FOR JUSTICE AND EMPOWERMENT PURPOSE: HOUSING ISSUE AREA | $363,000 |
BAY AREA COMMUNITY SERVICES PURPOSE: HOUSING ISSUE AREA | $400,000 |
BAY AREA VIDEO COALITION PURPOSE: HOUSING ISSUE AREA | $150,000 |
BELOVEDBIRTH BLACK CENTERING PURPOSE: EARLY CHILDHOOD ISSUE AREA | $200,000 |
BILL WILSON CENTER PURPOSE: HOUSING ISSUE AREA | $416,268 |