Financials

Solid financials create a strong community impact.

Community Partners, a 501(c)3 nonprofit organization, is proud of its thorough stewardship of resources. In addition, we make our Full Audited Financial Statements for 2021 and 2022 available as a PDF for your convenience.

June 30, 2022

Assets

Cash and cash equivalents $14,261,594
Grants and contract receivable, net 19,958,901
Prepaid expenses and other assets 393,685
Operating Investments 15,246,371
Beneficial interest in assets held by community foundations 1,961,116
Property and equipment, net 225,107
Total assets $52,046,774

Liabilities and Net Assets

Liabilities 2022
Accounts payable and accrued expenses $2,626,408
Accrued payroll expenses and benefits 4,018,641
Total liabilities $6,645,049
Net Assets
Without donor restrictions $4,132,004
With donor restrictions 41,269,721
Total net assets 45,401,725
Total liabilities and net assets $52,046,774

Statement of Activities

For the Year Ended June 30, 2022

Revenue and support Without donor restrictions
With donor restrictions
2022 Total 2021 Total
Conf. and special events

Contract fees

Contributions

Corp. and found. grants

Gov’t grants & contracts

In-kind contributions

Net investment gain (loss)

Other income

 

Net assets released

Program services

Project admin. fees

Strategic initiative and
consulting fees

126,650

1,450

36,595

(555,138)

 

 

76,555,832

6,428,545

1,567,000

$2,699,631

3,204,781

4,720,128

38,875,533

34,607,337

288,110

(49,937)

93,470

 

 

(76,555,832)

(6,248,545)

(1,567,000)

$2,699,631

$3,331,431

4,721,578

38,912,128

34,607,337

288,110

(605,075)

93,470

 

 

 

$3,783,975

2,041,345

5,850,126

42,735,170

32,057,723

638,621

712,014

341,135

 

 

 

 

Total revenue and support $83,980,934 $67,676 $84,048,610 $88,160,059
Functional expenses 2022 Total 2021 Total
Program services

Management and general

Total functional expenses

Loss on uncollectible contr.

Total expenses and losses

 

 

 

 

 

 

 

 

 

 

$76,423,061

10,821,180

87,244,241

132,771

87,377,012

$72,583,945

8,238,419

80,822,364

821,805

81,644,196

Net assets, beginning 48,730,127 42,214,237
Change in net assets (3,328,402) 6,515,890
Net assets, ending 45,401,725 48,730,127

Download our Full Audited Statements for 2021  and our Full Audited Statements for 2022CP Financial Explained for Funders

Form 990 Downloads:

2022  (PDF)

2021 (PDF)

2020 (PDF)

2019 (PDF)

2018 (PDF)

2017 (PDF)

2016 (PDF)

2015 (PDF)

2014 (PDF)

2013 (PDF)