North Point
- Assets
- $457.1k
- Revenue
- $255.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Grand Marais, MN
- Founding
- Data as of
- 12/2021
- EIN
- 84-3583353
Organization Overview
North Point is located in Grand Marais, MN. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, North Point employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Point 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 12/2021, North Point generated $255.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 72.3% each year . All expenses for the organization totaled $156.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PROGRAM FOR COOK COUNTY YOUTH WHERE THEY CAN LEARN TO KNOW GOD, BUILD RELILIENCY, DEVELOP HEALTHY RELATIONSHIPS AND PLAN FOR THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES DROP-IN, YOUTH & SUPPORT GROUPS AND MENTORING FOR YOUTHS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Shannon | 40 | $38,673 | |
Brooke Shannon | Officer | 20 | $3,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,374 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,374 |
| Total Program Service Revenue | $551 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $68,471 |
| Compensation of current officers, directors, key employees. | $68,471 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $8,074 |
| Other employee benefits | $11,998 |
| Payroll taxes | $0 |
| Fees for services: Management | $800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,308 |
| Advertising and promotion | $666 |
| Office expenses | $2,322 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,188 |
| Interest | $10,496 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,825 |
| Insurance | $6,075 |
| All other expenses | $19,985 |
| Total functional expenses | $156,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,759 |
| Savings and temporary cash investments | $70,004 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $360,797 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $457,060 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $30 |
| Secured mortgages and notes payable | $267,614 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$54 |
| Total liabilities | $267,590 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $189,470 |
| Total liabilities and net assets/fund balances | $457,060 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Point has recieved totaling $2,045.
| Awarding Organization | Amount |
|---|---|
Simpson Family Foundation Minneapolis, MN PURPOSE: GENERAL SUPPORT | $2,045 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Luther Memorial Home Madelia, MN | $3,423,486 | $4,600,698 |
Barnabas International Elkhorn, WI | $2,407,026 | $3,476,922 |