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 |
$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)