Point Community Development Corporation
Point Community Development Corporation shows consistent financial growth and no reported officer compensation over the past decade.
EIN: 133765140 · Bronx, NY · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Point Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Point Community Development Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Point Community Development Corporation
Point Community Development Corporation (EIN: 133765140) is a nonprofit organization based in Bronx, NY, classified under NTEE code Z99. The organization reported total revenue of $3.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Point Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Point Community Development Corporation is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-48,891 |
| Total Assets | $1.6M |
| Total Liabilities | $196K |
| Net Assets | $1.4M |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Point Community Development Corporation reported a deficit of $49K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Point Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | +16.0% | +4.5% |
| 2022 | -2.8% | +16.1% | +21.0% |
| 2021 | +24.8% | -9.5% | +46.5% |
| 2020 | -15.2% | -15.0% | +16.3% |
| 2019 | -10.4% | +1.2% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Point Community Development Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Point Community Development Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that executive compensation is structured in a way not reported under this specific line item, which could limit transparency regarding leadership costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Point Community Development Corporation's IRS 990 filings:
- NTEE code Z99 (Unknown) limits clear mission classification
- Lack of detailed functional expense breakdown in summary data prevents precise spending efficiency analysis
- Consistent 0% officer compensation could indicate a lack of transparency if leadership is compensated through other means not clearly disclosed.
Strengths
The following positive indicators were identified for Point Community Development Corporation:
- Consistent asset growth from $673,196 in 2014 to $1,645,987 in 2023, indicating financial stability.
- Revenues generally exceed or closely match expenses over the past decade, demonstrating sound financial management.
- Relatively low liabilities compared to assets, suggesting good solvency and financial health.
- No reported officer compensation, potentially indicating a high proportion of resources directed towards mission if leadership is volunteer-based.
Frequently Asked Questions about Point Community Development Corporation
Is Point Community Development Corporation a legitimate charity?
Point Community Development Corporation (EIN: 133765140) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Point Community Development Corporation spend its money?
Point Community Development Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Point Community Development Corporation tax-deductible?
Point Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 133765140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Point Community Development Corporation's spending goes to programs?
Point Community Development Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Point Community Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Point Community Development Corporation is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Point Community Development Corporation located?
Point Community Development Corporation is headquartered in Bronx, New York and files with the IRS under EIN 133765140. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Point Community Development Corporation have?
Point Community Development Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.4M in total revenue.
How does Point Community Development Corporation fund its operations given 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based, or their compensation is covered through other non-officer compensation expense categories, or by an affiliated entity. Further investigation into their detailed expense reports would be needed to clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of program, administrative, and fundraising expenses. To assess spending efficiency accurately, a deeper dive into their full IRS Form 990, Part IX, Statement of Functional Expenses, would be necessary.
What caused the slight deficit in the 2023 fiscal period?
In 2023, expenses ($1,996,634) slightly exceeded revenue ($1,947,743) by $48,891. This minor deficit could be due to various factors such as increased program delivery costs, one-time operational expenses, or a slight dip in grant funding. Given the organization's overall asset growth, it does not appear to be a significant concern.
How does the organization's NTEE code Z99 (Unknown) impact its transparency and classification?
An NTEE code of Z99 (Unknown) indicates that the organization's primary purpose was not classified or was not provided. This can make it harder for donors and analysts to understand the specific mission and compare the organization to peers, potentially impacting transparency and sector-specific analysis.
Filing History
IRS 990 filing history for Point Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Point Community Development Corporation's revenue has grown by 93.1%, moving from $1.0M to $1.9M. Total assets increased by 238.7% over the same period, from $486K to $1.6M. Total functional expenses rose by 77.5%, from $1.1M to $2.0M. In its most recent filing year (2023), Point Community Development Corporation reported a deficit of $49K, with expenses exceeding revenue. The organization holds $196K in liabilities against $1.6M in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $1.6M | $196K | — | — |
| 2022 | $2.0M | $1.7M | $1.6M | $77K | — | View 990 |
| 2021 | $2.0M | $1.5M | $1.3M | $73K | — | View 990 |
| 2020 | $1.6M | $1.6M | $888K | $227K | — | View 990 |
| 2019 | $1.9M | $1.9M | $764K | $105K | — | View 990 |
| 2018 | $2.2M | $1.9M | $849K | $199K | — | View 990 |
| 2017 | $1.5M | $1.4M | $618K | $204K | — | View 990 |
| 2016 | $1.2M | $1.2M | $652K | $372K | — | View 990 |
| 2015 | $1.1M | $1.1M | $652K | $366K | — | View 990 |
| 2014 | $1.1M | $1.1M | $673K | $362K | — | View 990 |
| 2013 | $1.1M | $1.1M | $717K | $387K | — | View 990 |
| 2012 | $1.3M | $973K | $773K | $432K | — | View 990 |
| 2011 | $1.0M | $1.1M | $486K | $425K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $1.6M (revenue -2.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.7M, and assets of $1.6M (revenue -2.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.5M, and assets of $1.3M (revenue +24.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $888K (revenue -15.2% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.9M, and assets of $764K (revenue -10.4% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.9M, and assets of $849K (revenue +44.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $618K (revenue +21.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $652K (revenue +9.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $652K (revenue +6.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $673K (revenue -7.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $717K (revenue -9.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $973K, and assets of $773K (revenue +24.1% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $486K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Point Community Development Corporation:
Data Sources and Methodology
This transparency report for Point Community Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.