Financials

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 2019 and 2020 available as a PDF for your convenience.

For the Year Ended June 30, 2020

Assets

Cash and cash equivalents

$14,508,673

Grants and contract receivable, net

14,213,280

Prepaid expenses and other assets

576,315

Operating Investments

14,741,256

Beneficial interest in assets held by community foundations

1,785,604

Property and equipment, net

309,211

-

-

Total assets

$42,732,360

Liabilities and Net Assets

Liabilities

2019

Accounts payable and accrued expenses

1,826,590

Accrued payroll expenses and benefits

3,193,512

Total liabilities

$5,020,102

Net Assets  

Without donor restrictions

$4,512,109

With donor restrictions

36,602,128

Total net assets

41,114,237

Total liabilities and net assets

$46,134,339

Statement of Activities

For the Year Ended June 30, 2020

Revenue and support Without donor restrictions
With donor restrictions
2020 Total 2019 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

$8,250

639

770

46,016

-

-

433,496

-

 

 

60,928,454

5,968,931

1,031,768

$3,798,212

4,040,326

6,438,753

37,854,735

22,459,580

-

11,645

924,793

 

 

(60,928,454)

(5,968,931)

(1,031,768)

$3,798,212

4,040,965

6,439,523

37,900,751

22,459,580

-

445,141

924,793

 

 

 

-

-

-

$3,130,038

1,296,496

6,439,523

32,564,106

12,394,027

-

521,055

767,850

 

 

 

 

Total revenue and support $70,125,736 $1,160,138 $71,285,874 $57,113,068
Functional expenses     2020 Total 2019 Total

Program services

Supporting services: Management and general

Fundraising

Total functional expenses

 

 

 

 

 

 

$53,502,451

10,102,017

4,887,550

68,492,018

$43,633,802

8,418,900

4,036,446

56,089,148

Net assets, beginning of year as previously reported     - -
Prior period adjustments     - -
Change in net assets     2,793,856 1,023,920
Net assets, beginning of year as restated     38,320,381 37,296,461
Net assets, end of year     $41,114,237 $38,320,381

Download our Full Audited Financial Statements for 2019 and Full Audited Financial Statements for 2020.

Form 990 Downloads:

2020 (PDF)

2019 (PDF)

2018 (PDF)

2017 (PDF)

2016 (PDF)

2015 (PDF)

2014 (PDF)

2013 (PDF)