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 2018 and 2019 available as a PDF for your convenience.
For the Year Ended June 30, 2019
Assets
|
Cash and cash equivalents |
$9,288,688 |
|
Grants and contract receivable, net |
15,826,024 |
|
Prepaid expenses and other assets |
658,742 |
|
Operating Investments |
14,882,789 |
|
Beneficial interest in Pasadena Community Foundation |
237,568 |
|
Beneficial interest in California Community Foundation |
1,540,301 |
|
Property and equipment, net |
298,248 |
|
Total assets |
$42,732,360 |
Liabilities and Net Assets
|
Liabilities |
2019 |
|
Accounts payable and accrued expenses |
1,938,281 |
|
Accrued payroll expenses and benefits |
2,473,698 |
|
Total liabilities |
$4,411,979 |
| Net Assets | |
|
Without donor restrictions |
$2,878,391 |
|
With donor restrictions |
35,441,990 |
|
Total net assets |
38,320,381 |
|
Total liabilities and net assets |
$42,732,360 |
Statement of Activities
For the Year Ended June 30, 2019
| Revenue and support | Without donor restrictions |
With donor restrictions |
2019 Total | 2018 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 |
$8,250 256,630 770 198,866 - - 516,331 -
49,343,487 4,465,949 916,003 |
$3,121,788 1,039,839 6,438,753 32,365,240 12,394,027 - 4,724 767,850
(49,343,487) (4,465,949) (916,003) |
$3,130,038 1,296,496 6,439,523 32,564,106 12,394,027 - 521,055 767,850
- - - |
$2,329,979 1,220,223 4,165,859 31,861,343 7,545,456 - 307,418 178,653
|
| Total revenue and support | $55,706,286 | $1,406,782 | $57,113,068 | $48,555,194 |
| Functional expenses | 2019 Total | 2018 Total | ||
|
Program services Supporting services: Management and general Fundraising Total functional expenses |
|
|
$43,633,802 8,418,900 4,036,446 56,089,148 |
$38,919,763 6,827,532 3,322,345 49,069,640 |
| Net assets, beginning of year as previously reported | - | - | ||
| Prior period adjustments | - | - | ||
| Change in net assets | 1,023,920 | (514,446) | ||
| Net assets, beginning of year as restated | 37,296,461 | 37,810,907 | ||
| Net assets, end of year | $38,320,381 | $37,296,461 |
Download our Full Audited Financial Statements for 2018 and our Full Audited Financial Statements for 2019.
Form 990 Downloads:
2019 (PDF)
2018 (PDF)
2017 (PDF)
2016 (PDF)
2015 (PDF)
2014 (PDF)
2013 (PDF)