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 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
consulting revenue

$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)