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 2015 and 2016 available as a PDF for your convenience.

For the Year Ended June 30, 2016

Assets

Cash and cash equivalents

$6,771,891

Grants and contract receivable, net

13,741,492

Prepaid expenses and other assets

410,547

Investments

13,019,816

Beneficial interest in Pasadena Community Foundation

186,309

Beneficial interest in California Community Foundation

733,985

Property and equipment, net

207,137

Total assets

$35,071,177

Liabilities and Net Assets

Liabilities

2016

Accounts payable and accrued expenses

1,187,265

Accrued payroll expenses and benefits

1,268,998

Total liabilities

$2,456,263

Net Assets  

Unrestricted

$2,164,246

Temporarily restricted

30,450,668

Total net assets

32,614,914

Total liabilities and net assets

$35,071,177

Statement of Activities

For the Year Ended June 30, 2016 

Revenue and support Unrestricted Temporarily Restricted 2016 Total 2015 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

$          -

343,185

4,514

396

-

21,250

56,959

-

 

 

26,649,218

2,957,097

831,533

$2,401,278

814,089

2,864,010

30,628,343

4,803,970

285,078

(3,483)

167,868

 

 

(26,649,218)

(2,957,097)

(831,533)

$2,401,278

1,157,274

2,868,524

30,628,739

4,803,970

306,328

53,476

167,868

 

 

 

 

$2,570,563

975,544

2,911,791

19,818,756

4,257,655

324,487

34,365

190,775

 

 

 

 

Total revenue and support $30,864,152 $11,523,305 $42,387,457 $31,083,936
Functional expenses Unrestricted Temporarily Restricted 2016 Total 2015 Total

Program services

Supporting services: Management and general

Fundraising

Total functional expenses

$24,055,925

4,455,570

2,254,496

30,765,991

-

-

-

$24,055,925

4,455,570

2,254,496

30,765,991

$23,628,267

3,929,800

2,036,265

29,594,332

Net assets, beginning of year as previously reported - - - -
Prior period adjustments - - - -
Change in net assets 98,161 11,523,305 11,621,466 1,489,604
Net assets, beginning of year as restated 2,066,085 18,927,363 20,993,448 19,503,844
Net assets, end of year $2,164,246 $30,450,668 $32,614,914 $20,993,448

Download our Full Audited Financial Statements for 2015 and our Full Audited Financial Statements for 2016

Form 990 Downloads:

2016 (PDF)

2015 (PDF)

2014 (PDF)

2013 (PDF)

2012 (PDF)

2011 (PDF)