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 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
consulting revenue

$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)