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 2017 and 2018 available as a PDF for your convenience.
For the Year Ended June 30, 2018
Assets
|
Cash and cash equivalents |
$11,120,399 |
|
Grants and contract receivable, net |
12,754,337 |
|
Prepaid expenses and other assets |
556,766 |
|
Investments |
14,468,267 |
|
Beneficial interest in Pasadena Community Foundation |
228,439 |
|
Beneficial interest in California Community Foundation |
1,465,375 |
|
Property and equipment, net |
339,072 |
|
Total assets |
$40,932,655 |
Liabilities and Net Assets
|
Liabilities |
2018 |
|
Accounts payable and accrued expenses |
1,697,091 |
|
Accrued payroll expenses and benefits |
1,939,103 |
|
Total liabilities |
$3,636,194 |
| Net Assets | |
|
Unrestricted |
$3,261,253 |
|
Temporarily restricted |
34,035,208 |
|
Total net assets |
37,296,461 |
|
Total liabilities and net assets |
$40,932,655 |
Statement of Activities
For the Year Ended June 30, 2018
| Revenue and support | Unrestricted | Temporarily Restricted | 2018 Total | 2017 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 |
$10,251 1,220,223 6,667 106,537 23,000 - 287,463 -
43,313,028 3,880,981 1,099,062 |
$2,997,668 - 4,159,192 31,754,806 7,522,456 268,323 19,955 178,653
(43,313,028) (3,880,981) (1,099,062) |
$3,007,919 1,220,223 4,165,859 31,861,343 7,545,456 268,323 307,418 178,653
|
$2,329,979 1,413,634 3,212,897 26,009,629 8,192,691 248,706 243,363 154,600
|
| Total revenue and support | $49,947,212 | ($1,392,018) | $48,555,194 | $41,805,499 |
| Functional expenses | Unrestricted | Temporarily Restricted | 2017 Total | 2016 Total |
|
Program services Supporting services: Management and general Fundraising Total functional expenses |
$38,919,763 6,827,532 3,322,345 49,069,640 |
- - - |
$38,919,763 6,827,532 3,322,345 49,069,640 |
$28,607,549 5,411,555 2,590,402 36,609,506 |
| Net assets, beginning of year as previously reported | - | - | - | - |
| Prior period adjustments | - | - | - | - |
| Change in net assets | 877,572 | (1,392,018) | (514,446) | 5,195,993 |
| Net assets, beginning of year as restated | 2,383,681 | 35,427,226 | 37,810,907 | 32,614,914 |
| Net assets, end of year | $3,261,253 | $34,035,208 | $37,296,461 | $37,810,907 |
Download our Full Audited Financial Statements for 2018 and our Full Audited Financial Statements for 2017.
Form 990 Downloads:
2018 (PDF)
2017 (PDF)
2016 (PDF)
2015 (PDF)
2014 (PDF)
2013 (PDF)