TY 2021 Form 990 Schedule O

Instrumentl eFile RenderObject ID: 202300869349300040 - Rendered 2024-05-08 TIN: 20-2121739

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

TIPPING POINT COMMUNITY

Employer identification number

20-2121739

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	SUBSEQUENT TO THE COMPLETION OF THE ANNUAL AUDIT, THE FORM 990 IS PREPARED UTILIZING THE AUDIT REPORT AND NECESSARY SUPPORTING SCHEDULES. TIPPING POINT'S CEO AND COO REVIEW THE FORM AND PRESENT IT TO THE FULL BOARD OF DIRECTORS. EACH MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C	TIPPING POINT'S CONFLICT OF INTEREST POLICY, WHICH IS INCORPORATED INTO TIPPING POINT'S FISCAL POLICIES AND PROCEDURES, PLACES AN AFFIRMATIVE OBLIGATION ON EACH OFFICER, DIRECTOR AND STAFF MEMBER TO DISCLOSE ANY CONTRACT OR TRANSACTION IN WHICH HE OR SHE HAS AN INTEREST. EACH STAFF MEMBER HAS SIGNED AN AFFIRMATION STATING THAT THEY HAVE READ AND WILL ABIDE BY THE CONFLICT OF INTEREST POLICY. AT WHICH TIME A POTENTIAL CONFLICT IS DISCLOSED OR DISCOVERED, THE TIPPING POINT BOARD OF DIRECTORS WILL REVIEW THE SITUATION AND VOTE ON THE SITUATION. THE STAFF OR BOARD MEMBER INVOLVED IN THE POTENTIAL CONFLICT OF INTEREST WOULD NOT BE PRESENT FOR FINAL DELIBERATION AND VOTE. TPC'S BOARD AND KEY EMPLOYEES REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15	IN JANUARY 2020, THE ORGANIZATION CONDUCTED AN IN-DEPTH SALARY ANALYSIS, EXAMINING COMPENSATION RANGES FOR COMPARABLE POSITIONS AT PEER ORGANIZATIONS. THIS DATA WAS USED TO ESTABLISH SALARIES IN ACCORDANCE WITH THE ORGANIZATION'S COMPENSATION PHILOSOPHY. THE BOARD ALSO APPROVED OF ANY SIGNIFICANT CHANGES IN COMPENSATION FOR THE CEO AND COO. MERIT INCREASES WERE PROVIDED TO ELIGIBLE STAFF IN JULY 2021 AND JULY 2022. AN UPDATED SALARY ANALYSIS WILL BE CONDUCTED IN THE SPRING OF 2023.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE FILED WITH THE CALIFORNIA SECRETARY OF STATE, AND THUS AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	EMPLOYEE RETENTION CREDIT FOR PRIOR PERIOD 315,000. IMPAIRMENT LOSS -1,606,100.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

SUBSEQUENT TO THE COMPLETION OF THE ANNUAL AUDIT, THE FORM 990 IS PREPARED UTILIZING THE AUDIT REPORT AND NECESSARY SUPPORTING SCHEDULES. TIPPING POINT'S CEO AND COO REVIEW THE FORM AND PRESENT IT TO THE FULL BOARD OF DIRECTORS. EACH MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE.

FORM 990, PART VI, SECTION B, LINE 12C

TIPPING POINT'S CONFLICT OF INTEREST POLICY, WHICH IS INCORPORATED INTO TIPPING POINT'S FISCAL POLICIES AND PROCEDURES, PLACES AN AFFIRMATIVE OBLIGATION ON EACH OFFICER, DIRECTOR AND STAFF MEMBER TO DISCLOSE ANY CONTRACT OR TRANSACTION IN WHICH HE OR SHE HAS AN INTEREST. EACH STAFF MEMBER HAS SIGNED AN AFFIRMATION STATING THAT THEY HAVE READ AND WILL ABIDE BY THE CONFLICT OF INTEREST POLICY. AT WHICH TIME A POTENTIAL CONFLICT IS DISCLOSED OR DISCOVERED, THE TIPPING POINT BOARD OF DIRECTORS WILL REVIEW THE SITUATION AND VOTE ON THE SITUATION. THE STAFF OR BOARD MEMBER INVOLVED IN THE POTENTIAL CONFLICT OF INTEREST WOULD NOT BE PRESENT FOR FINAL DELIBERATION AND VOTE. TPC'S BOARD AND KEY EMPLOYEES REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY.

FORM 990, PART VI, SECTION B, LINE 15

IN JANUARY 2020, THE ORGANIZATION CONDUCTED AN IN-DEPTH SALARY ANALYSIS, EXAMINING COMPENSATION RANGES FOR COMPARABLE POSITIONS AT PEER ORGANIZATIONS. THIS DATA WAS USED TO ESTABLISH SALARIES IN ACCORDANCE WITH THE ORGANIZATION'S COMPENSATION PHILOSOPHY. THE BOARD ALSO APPROVED OF ANY SIGNIFICANT CHANGES IN COMPENSATION FOR THE CEO AND COO. MERIT INCREASES WERE PROVIDED TO ELIGIBLE STAFF IN JULY 2021 AND JULY 2022. AN UPDATED SALARY ANALYSIS WILL BE CONDUCTED IN THE SPRING OF 2023.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE FILED WITH THE CALIFORNIA SECRETARY OF STATE, AND THUS AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART XI, LINE 9:

EMPLOYEE RETENTION CREDIT FOR PRIOR PERIOD 315,000. IMPAIRMENT LOSS -1,606,100.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

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