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 2020 and 2021 available as a PDF for your convenience.

For the Year Ended June 30, 2021

Assets

Cash and cash equivalents $17,536,733
Grants and contract receivable, net 22,891,260
Prepaid expenses and other assets 993,783
Operating Investments 14,596,212
Beneficial interest in assets held by community foundations 2,250,761
Property and equipment, net 318,136
Total assets $58,586,885

Liabilities and Net Assets

Liabilities 2021
Accounts payable and accrued expenses 4,444,320
Accrued payroll expenses and benefits 4,572,895
Total liabilities $9,856,758
Net Assets
Without donor restrictions $9,532,111
With donor restrictions 39,198,016
Total net assets 48,730,127
Total liabilities and net assets $58,586,885

Statement of Activities

For the Year Ended June 30, 2021

Revenue and support Without donor restrictions
With donor restrictions
2021 Total 2020 Total
Conference and special events

Contract fees

Contributions

Corporation and foundation grants

Government revenue

In-kind revenue

Net investment return

Other income

 

Net assets released from restrictions

Program services

Project administration fees

Strategic initiative and
consulting revenue

1,716,432

639

46,016

433,496

 

 

60,928,454

5,968,931

1,031,768

$3,798,212

4,040,326

37,854,735

23,559,580

11,645

154,921

 

 

(60,928,454)

(5,968,931)

(1,031,768)

$3,798,212

$1,716,432

4,040,965

37,900,751

23,559,580

445,141

154,921

 

 

 

$3,798,212

4,040,965

6,439,523

37,900,751

22,459,580

445,141

924,793

 

 

 

 

Total revenue and support $70,125,736 $2,160,138 $72,385,874 $71,285,874
Functional expenses 2021 Total 2020 Total
Program services

Supporting services: Management and general

Fundraising

Total functional expenses

 

 

 

 

 

 

$53,502,451

10,102,017

4,887,550

68,492,018

$53,502,451

10,102,017

4,887,550

68,492,018

Net assets, beginning of year as previously reported
Prior period adjustments
Change in net assets 3,893,856 2,273,856
Net assets, beginning of year as restated 38,320,381 38,320,381
Net assets, end of year $42,214,237 $41,113,237

Download our Full Audited Financial Statements for 2020 and our Full Audited Statements for 2021.

Form 990 Downloads:

2021 (PDF)

2020 (PDF)

2019 (PDF)

2018 (PDF)

2017 (PDF)

2016 (PDF)

2015 (PDF)

2014 (PDF)

2013 (PDF)