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 2016 and 2017 available as a PDF for your convenience.
For the Year Ended June 30, 2017
Assets
|
Cash and cash equivalents |
$11,715,814 |
|
Grants and contract receivable, net |
12,516,112 |
|
Prepaid expenses and other assets |
509,222 |
|
Investments |
14,817,647 |
|
Beneficial interest in Pasadena Community Foundation |
210,910 |
|
Beneficial interest in California Community Foundation |
1,138,580 |
|
Property and equipment, net |
269,270 |
|
Total assets |
$41,177,555 |
Liabilities and Net Assets
|
Liabilities |
2017 |
|
Accounts payable and accrued expenses |
1,778,227 |
|
Accrued payroll expenses and benefits |
1,588,421 |
|
Total liabilities |
$3,366,648 |
| Net Assets | |
|
Unrestricted |
$2,383,681 |
|
Temporarily restricted |
35,427,226 |
|
Total net assets |
37,810,907 |
|
Total liabilities and net assets |
$41,177,555 |
Statement of Activities
For the Year Ended June 30, 2017
| Revenue and support | Unrestricted | Temporarily Restricted | 2017 Total | 2016 Total |
|
Conference and special events Contract fees Contributions Corporation and foundation grants Government revenue In-kind revenue Investment income (loss) Other income
Net assets released from restrictions Program services Project administration fees Strategic initiative and |
$10,700 341,908 12,026 59,817 - - 212,009 -
31,855,406 3,162,738 1,174,337 |
$2,319,279 1,071,726 3,200,871 25,949,812 8,192,691 248,706 31,354 154,600
(31,855,406) (3,162,738) (1,174,337) |
$2,329,979 1,413,634 3,212,897 26,009,629 8,192,691 248,706 243,363 154,600
|
$2,401,278 1,157,274 2,868,524 30,628,739 4,803,970 306,328 53,476 167,868
|
| Total revenue and support | $36,828,941 | $4,976,558 | $41,805,499 | $42,387,457 |
| Functional expenses | Unrestricted | Temporarily Restricted | 2017 Total | 2016 Total |
|
Program services Supporting services: Management and general Fundraising Total functional expenses |
$28,607,549 5,411,555 2,590,402 36,609,506 |
- - - |
$28,607,549 5,411,555 2,590,402 36,609,506 |
$24,055,925 4,455,570 2,254,496 30,765,991 |
| Net assets, beginning of year as previously reported | - | - | - | - |
| Prior period adjustments | - | - | - | - |
| Change in net assets | 219,435 | 4,976,558 | 5,195,993 | 11,621,466 |
| Net assets, beginning of year as restated | 2,164,246 | 30,450,668 | 32,614,914 | 20,993,448 |
| Net assets, end of year | $2,383,681 | $35,427,226 | $37,810,907 | $32,614,914 |
Download our Full Audited Financial Statements for 2016 and our Full Audited Financial Statements for 2017.
Form 990 Downloads:
2017 (PDF)
2016 (PDF)
2015 (PDF)
2014 (PDF)
2013 (PDF)