Point Positive Inc
Nonprofit profile at a glance
- EIN
- 464188756
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Saranac Lake, NY, USA
- Phone
- 5183540202
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $57,200
- Expenses
- $66,074
- Assets
- $0
- Liabilities
- $7,089
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- KONRAD TESTWUIDE (CHAIR)
- ADELE CONNORS (TREASURER)
- MELINDA LITTLE (COORDINATOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Point positive inc. Is dedicated to establishing entrepreneurial businesses in the greater adirondack region of northern New York state by giving aspiring professionals the support they need to start or accelerate their business and create jobs that also help our communities to thrive. We accomplish our mission through mentoring and education and by assembling angel investors who can provide start-up and growth funding, all while valuing the unique beauty and quality-of-life the adirondacks offer.
What it reported doing in 2025
The organization will foster entrereneurial business opportunities by mentoring and educating aspiring professionals and by connecting interested entrepreneurs with angel investors.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 13
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -15.5%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 72.6%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 14.6% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: -13.7% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.