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, 2021
Assets
|
Cash and cash equivalents |
$17,536,733 |
|
Grants and contract receivable, net |
22,891,260 |
|
Prepaid expenses and other assets |
993,783 |
|
Operating Investments |
14,596,212 |
|
Beneficial interest in assets held by community foundations |
2,250,761 |
| Property and equipment, net |
318,136 |
|
- |
- |
|
Total assets |
$58,586,885 |
Liabilities and Net Assets
|
Liabilities |
2021 |
|
Accounts payable and accrued expenses |
4,444,320 |
|
Accrued payroll expenses and benefits |
4,572,895 |
|
Total liabilities |
$9,856,758 |
| Net Assets | |
|
Without donor restrictions |
$9,532,111 |
|
With donor restrictions |
39,198,016 |
|
Total net assets |
48,730,127 |
|
Total liabilities and net assets |
$58,586,885 |
Statement of Activities
For the Year Ended June 30, 2021
| Revenue and support | Without donor restrictions |
With donor restrictions |
2021 Total | 2020 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 |
- 1,716,432 639 46,016 - - 433,496 -
60,928,454 5,968,931 1,031,768 |
$3,798,212 - 4,040,326 37,854,735 23,559,580 - 11,645 154,921
(60,928,454) (5,968,931) (1,031,768) |
$3,798,212 $1,716,432 4,040,965 37,900,751 23,559,580 - 445,141 154,921
- - - |
$3,798,212 4,040,965 6,439,523 37,900,751 22,459,580 - 445,141 924,793
|
| Total revenue and support | $70,125,736 | $2,160,138 | $72,385,874 | $71,285,874 |
| Functional expenses | 2021 Total | 2020 Total | ||
|
Program services Supporting services: Management and general Fundraising Total functional expenses |
|
|
$53,502,451 10,102,017 4,887,550 68,492,018 |
$53,502,451 10,102,017 4,887,550 68,492,018 |
| Net assets, beginning of year as previously reported | - | - | ||
| Prior period adjustments | - | - | ||
| Change in net assets | 3,893,856 | 2,273,856 | ||
| Net assets, beginning of year as restated | 38,320,381 | 38,320,381 | ||
| Net assets, end of year | $42,214,237 | $41,113,237 |
Download our Full Audited Financial Statements for 2020 and our Full Audited Statements for 2021.
Form 990 Downloads:
2021 (PDF)
2020 (PDF)
2019 (PDF)
2018 (PDF)
2017 (PDF)
2016 (PDF)
2015 (PDF)
2014 (PDF)
2013 (PDF)