June 30, 2023
Assets
| Cash and cash equivalents | $30,128,494 |
| Grants and contract receivable, net | 29,758,417 |
| Prepaid expenses and other assets | 554,947 |
| Operating Investments | 5,674,840 |
| Beneficial interest in assets held by community foundations | 2,094,152 |
| Property and equipment, net | 123,668 |
| – | – |
| Total assets | $70,054,669 |
Liabilities and Net Assets
| Liabilities | 2023 |
|---|---|
| Accounts payable and accrued expenses | $4,660,282 |
| Accrued payroll expenses and benefits | 2,974,613 |
| Grants payable | 5,380,898 |
| Operating lease liabilities | 1,735,664 |
| Total liabilities | $14,751,457 |
| Net Assets | |
| Without donor restrictions | $5,428,224 |
| With donor restrictions | 49,874,988 |
| Total net assets | 55,303,212 |
| Total liabilities and net assets | $70,054,669 |
Statement of Activities
For the Year Ended June 30, 2023
| Revenue and support | Without donor restrictions |
With donor restrictions |
2023 Total | 2022 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 |
–
151,148 911 46,650 – – (727,096) –
94,929,291 7,360,709 3,396,193 |
$2,141,021
2,523,100 3,645,375 51,419,586 52,396,795 475,900 (11,968) 347,054
(94,929,291) (7,360,709) (3,396,193) |
$2,141,021
$2,674,248 3,664,286 51,466,236 52,396,795 475,900 (739,037) 347,054
– – – |
$2,699,631
3,331,431 4,721,578 38,912,128 34,607,337 288,110 (605,075) 93,470
|
| Total revenue and support | $106,611,971 | $7,274,606 | 113,886,577 | 84,048,610 |
| Functional expenses | Without Donor Restrictions | With Donor Restrictions | 2023 Total | 2022 Total |
| Program services
Management and general Total functional expenses Loss on uncollectible contr. Total expenses and losses |
|
|
$94,541,401
10,386,460 104,927,861 387,890 105,315,751 |
$76,423,061
10,821,180 87,244,241 132,771 87,377,012 |
| Net assets, beginning | 4,132,004 | 41,269,721 | 45,401,725 | 48,730,127 |
| Change in net assets | 1,296,220 | 8,605,287 | 9,901,487 | (3,328,402) |
| Net assets, ending | 4,132,004 | 41,269,721 | 45,401,725 | 45,401,725 |
Download our Full Audited Statements for 2022 and our Full Audited Statements for 2023. CP 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)