Pivot Inc is located in Oklahoma City, OK. The organization was established in 1973. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2023, Pivot Inc employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pivot Inc 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, Pivot Inc generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $5.5m during the year ending 06/2023. While expenses have increased by 9.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PIVOT, INC. IS A NONPROFIT ORGANIZATION THAT WORKS WITH YOUNG PEOPLE LACKING STABILITY IN THEIR LIVES. THEY ARE SOMETIMES HOMELESS OR COUCH HOMELESS, ALONE OR DISENGAGED. MANY LIVE WITH DAMAGING LABELS AND SHAME. ALMOST ALL ARE AGES 12 TO 21 AND HAVE OVERWHELMING BARRIERS IN THEIR LIVES WITHOUT THE RESOURCES TO OVERCOME THEM AND SUCCESSFULLY TRANSITION INTO SELF-RELIANT ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY JUNCTION EMERGENCY YOUTH SHELTER MEETS HOUSING AND BASIC NEEDS. THERE ARE MANY YOUNG PEOPLE IN THE COMMUNTY WHO NEED A SAFE, SECURE PLACE TO STAY AS WELL AS ACCESS TO BASIC NECESSITIES LIKE FOOD, PERSONAL HYGIENE AND CLOTHING. PIVOT OFFERS SUPPORT AND RESOURCES THROUGH ITS FOOD PANTRY AND CLOTHING CLOSETS AS WELL AS SHORT AND LONG-TERM HOUSING SOLUTIONS. WHETHER IN THE CHILD WELFARE SYSTEM, LIVING ON THEIR OWN WITHOUT PARENTAL SUPPORT, FORMERLY JUVENILE JUSTICE INVOLVED, OR RUNAWAYS, PIVOT CAN PROVIDE SAFE, STABLE HOUSING FOR YOUTH. THE SHELTER ALSO PROVIDES EDUCATION AND JOB ASSISTANCE. PIVOT BELIEVES REGARDLESS OF WHERE CHILDREN ARE FROM OR THE BARRIERS THEY FACE, THEY ARE WORTHY OF HAVING SUCCESS IN EDUCATION, FINDING A JOB AND PLANNING FOR A CAREER IN THE FIELD THEY CHOOSE. AT PIVOT, PART OF EACH YOUNG PERSON'S EXPERIENCE INCLUDES THE OPPORTUNITY TO GRADUATE FROM HIGH SCHOOL, FURTHER HIS OR HER EDUCATION, GAIN VITAL LIFE SKILLS AND ACHIEVE JOB READINESS.
THERAPEUTIC CARE - PIVOT STRIVES TO ADDRESS THE ROOT CAUSE OF BEHAVIORS, CIRCUMSTANCES AND BARRIERS THAT CAUSE SEVERE PROBLEMS FOR THE YOUTH WE SERVE. OUR LICENSED THERAPISTS, YOUTH ADVOCATES AND SPECIALISTS ARE TRAINED TO IDENTIFY ADVERSE CHILDHOOD EXPERIENCES THAT RANGE FROM PHYSICAL, EMOTIONAL OR SEXUAL ABUSE TO COMMUNITY VIOLENCE, PARENTAL DIVORCE OR THE INCARCERATION OF A PARENT OF GUARDIAN. EACH YOUNG PERSON WHO COMES TO PIVOT HAS ACCESS TO RESOURCES AND SERVICES THAT ADDRESS THEIR PHYSICAL, SPIRITUAL AND MENTAL HEALTH NEEDS. PIVOT CAN ALSO HELP WITH DEPRESSION, POOR NUTRITION, HIGH RISK BEHAVIORS, SUBSTANCE ABUSE, ANXIETY, UNLAWFUL ACTIONS AND GRIEF.
THE POINT - YOUNG PEOPLE TO THE AGE OF 24 EXPERIENCING HOMELESSNESS CAN FIND REST AND RESOURCES IN THE THIS AFTERNOON DROP-IN CENTER AND OVERNIGHT SHELTER DESIGNED TO MEET THEIR UNIQUE NEEDS. THE POINT PROVIDES SHOWER AND LAUNDRY FACILITIES; CLEAN, WARM BEDS AND NUTRITIOUS MEALS; SOCIAL AND TRAINING ACTIVITIES; ASSISTANCE WITH EDUCATION OR EMPLOYMENT GOALS; AND STAFF TRAINED TO HELP ADDRESS ISSUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Goodrich President & CEO | Officer | 40 | $112,219 |
Donny Greenawalt Chair | OfficerTrustee | 2 | $0 |
Paige Bass Chair Elect | OfficerTrustee | 2 | $0 |
Josh Richardson Treasurer | OfficerTrustee | 2 | $0 |
Mark Holland Secretary | OfficerTrustee | 2 | $0 |
Art Cotton Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $231,000 |
Membership dues | $0 |
Fundraising events | $61,273 |
Related organizations | $0 |
Government grants | $3,311,757 |
All other contributions, gifts, grants, and similar amounts not included above | $2,112,848 |
Noncash contributions included in lines 1a–1f | $325,255 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,716,878 |
Total Program Service Revenue | $94,314 |
Investment income | $114,985 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $39,073 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$47,561 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,919,707 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $481,544 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $126,803 |
Compensation of current officers, directors, key employees. | $11,412 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,652,074 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $318,116 |
Payroll taxes | $229,954 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,109 |
Fees for services: Accounting | $71,892 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $471,136 |
Advertising and promotion | $43,860 |
Office expenses | $400,244 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $356,888 |
Travel | $20,255 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,800 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $172,518 |
Insurance | $63,035 |
All other expenses | $40,304 |
Total functional expenses | $5,525,349 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,283,294 |
Savings and temporary cash investments | $806,420 |
Pledges and grants receivable | $926,377 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $58,172 |
Net Land, buildings, and equipment | $4,269,103 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $800,284 |
Total assets | $12,143,650 |
Accounts payable and accrued expenses | $614,839 |
Grants payable | $0 |
Deferred revenue | $3,314,253 |
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 | $1,121,392 |
Unsecured mortgages and notes payable | $112,240 |
Other liabilities | $46,028 |
Total liabilities | $5,208,752 |
Net assets without donor restrictions | $5,094,680 |
Net assets with donor restrictions | $1,840,218 |
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 | $12,143,650 |