Overview

Sign up for

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

POINT POSITIVE INC is a nonprofit organization focused on fostering entrepreneurial businesses in the greater Adirondack region of northern New York. With an operating budget of $69.7K and total revenue of $66.3K for the 2024 filing year, the organization provides mentoring and education to aspiring professionals, while also connecting them with angel investors for start-up and growth funding. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse support base for its mission to create jobs and enhance community well-being. For more information, visit www.pointpositiveadk.com.

Mission Statement

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.
Revenues
$66.4K
Expenses
$69.7K
Net Income:
-$3.3K
Assets
$1.8K
Liabilities
$0
Net Assets:
+$1.8K
Operating Budget
$69.7K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
2
Median grant size
$5.5K
Largest grant received
$6K
A
Adele Connors
Board Member
K
Konrad Testwuide
Board Member
M
Melinda Little
Employee

Frequently Asked Questions

What is POINT POSITIVE INC’s budget?
In 2024, POINT POSITIVE INC reported an annual operating budget of around $70 thousand. More detailed financial information is available to registered users.
What causes does POINT POSITIVE INC support?
POINT POSITIVE INC supports work in Business and industry.
Where does POINT POSITIVE INC operate?
POINT POSITIVE INC is headquartered in SARANAC LAKE, NY.
Who funded POINT POSITIVE INC recently?
In 2024, POINT POSITIVE INC received grants from ADIRONDACK FOUNDATION, Cloudsplitter Foundation, and ADIRONDACK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant POINT POSITIVE INC received in 2024?
The largest grant to POINT POSITIVE INC in 2024 exceeds $6,000.