FINANCIALS

REVENUE

 

General: We are pleased to report a positive impact of $83,000 on our net assets. We are grateful for the continued support of our funding partners, including donors and foundations.

 

Contribution Revenue: Generous contributions provided 10.5% of our total revenue this year. These contributions directly supported our vital work in capital funding, behavioral health services, and client assistance.

 

Contract and Fee for Services Revenue: We are grateful for the critical support of state, local, and federal agencies. Their funding, combined with the fees we charge for certain services, accounted for 84.7% for our total revenue in FY23/24, allowing us to deliver essential services to the most vulnerable.

 

EXPENDITURES

 

Programs: Over two thirds, or 68% of total costs, go towards staffing, allowing our team to directly serve clients and the community. Child Wellness and Behavioral Health are our two largest lines of client service, representing a combined 42% of our expenses. We also dedicate significant financial resources, about 19%, to supporting refugees and immigrants. Family & Community Resources and Aging & Independent Living are our two smallest lines of service, representing a combined 12 percent of our expenses. Finally, 26% of our expenses cover Management, Fundraising and General that keeps all programs running smoothly.

 

BALANCE SHEET

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Our liquidity position is sufficient to support programs and operations along with servicing debt. Our net assets increased $83,000 due to an operating surplus, investment income, and continued support from the community.

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Note: This financial report and accompanying charts do not include our affiliate agency, Compass Housing Alliance.