Nonprofit · EIN 46-4188756
POINT POSITIVE INC
Tax-exempt · SARANAC LAKE, NY 12983
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $57,200 | $66,074 | -$8,874 | $0 | $7,089 | -$7,089 |
| December 31, 2024 | 990-EZ | $66,350 | $69,673 | -$3,323 | $1,785 | $0 | $1,785 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $44,300
- Membership dues
- $12,900
Expenses
- Compensation of officers, directors and key employees
- $48,000
- Salaries, compensation and benefits (total)
- $48,000
- Professional fees and payments to contractors
- $1,600
- Other expenses
- $16,474
- Program services (functional)
- $66,075
Balance sheet and other
- Total assets, start of year
- $1,785
- Total assets, end of year
- $0
- Total liabilities, end of year
- $7,089
- Net assets, end of year
- -$7,089
- Gross receipts
- $57,200
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELINDA LITTLE | COORDINATOR | 23 | $48,000 |
| KONRAD TESTWUIDE | CHAIR | 1 | $0 |
| ADELE CONNORS | TREASURER | 3 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELINDA LITTLE | COORDINATOR | 23 | $56,000 |
| KONRAD TESTWUIDE | CHAIR | 1 | $0 |
| ADELE CONNORS | TREASURER | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1281, SARANAC LAKE, NY 12983-7281
- Signed the 990-EZ
- KIP TESTWUIDE, PRESIDENT
- Phone
- (518) 354-0202
- Website
- WWW.POINTPOSITIVEADK.COM
- Return prepared by
- MARTIN & DUKETT LLC
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.
Program accomplishments
- THE ORGANIZATION WILL FOSTER ENTRERENEURIAL BUSINESS OPPORTUNITIES BY MENTORING AND EDUCATING ASPIRING PROFESSIONALS AND BY CONNECTING INTERESTED ENTREPRENEURS WITH ANGEL INVESTORS.Expenses $66,075
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-4188756
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $57,200
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $57,200 | $66,074 | $0 | IRS |
| 990-EZ | December 2024 | $66,350 | $69,673 | $1,785 | IRS |
| 990-EZ | December 2023 | $57,800 | $57,079 | $5,108 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4188756).
Questions about POINT POSITIVE INC
- What is the EIN of POINT POSITIVE INC?
- The employer identification number (EIN) of POINT POSITIVE INC is 46-4188756.
- Is POINT POSITIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2015.
- Are donations to POINT POSITIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does POINT POSITIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POINT POSITIVE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POINT POSITIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of POINT POSITIVE INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $48,000 (MELINDA LITTLE, COORDINATOR).
- How much revenue does POINT POSITIVE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $57,200, expenses of $66,074 and total assets of $0 at year end.
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All nonprofits in SARANAC LAKE · New York · Community improvement and capacity building