June 30, 2025
Assets
| Cash and cash equivalents | $41,949,833 |
| Grants and contract receivable, net | 37,201,965 |
| Prepaid expenses and other assets | 433,898 |
| Operating Investments | 2,205,813 |
| Beneficial interest in assets held by community foundations | 2,421,949 |
| Property and equipment, net | 72,999 |
| Operating lease right-of-use assets | 1,583,775 |
| Total assets | $85,870,232 |
Liabilities and Net Assets
| Liabilities | 2025 |
|---|---|
| Accounts payable and accrued expenses | $8,108,625 |
| Accrued payroll expenses and benefits | 3,465,504 |
| Grants payable | 2,957,614 |
| Operating lease liabilities | 1,583,775 |
| Total liabilities | $16,115,518 |
| Net Assets | |
| Without donor restrictions | $4,093,712 |
| With donor restrictions | 65,661,002 |
| Total net assets | 69,754,714 |
| Total liabilities and net assets | $85,870,232 |
Statement of Activities
For the Year Ended June 30, 2025
| Revenue and support | Without donor restrictions |
With donor restrictions |
2025 Total | 2024 Total |
| Conf. and special events
Contract fees Contributions Corp. and found. grants Gov’t grants & contracts In-kind contributions Net investment gain (loss) Other income Total revenue, support, and gains Net assets released Program services Project admin. fees Strategic initiative and |
10,250
258,070 7,645 – – – 1,097,164 – $1,373,129
140,332,817 6,754,064 3,916,767 |
$2,704,275
2,130,880 7,156,619 46,150,415 91,965,757 235,463 31,769 113,330 $150,488,508
(140332817) (6,754,064) (3,916,767) |
$2,714,525
$2,388,950 7,164,264 46,150,415 91,965,757 235,463 1,128,933 113,330 $151,861,637
– – – |
$2,816,398
2,601,745 7,414,690 45,030,113 121,641,570 505,105 (1,196,164) 97,302 $178,910,759
|
| Total revenue and support | $152,376,777 | $(515,140) | $151,861,637 | $178,910,759 |
| Functional expenses | Without Donor Restrictions | With Donor Restrictions | 2025 Total | 2024 Total |
| Program services
Management and general Total functional expenses Loss on uncollectible cont Total expenses and losses |
|
|
$140,240,517
11,162,181 151,402,698 92,300 151,494,998 |
$153,906,534
12,363,132 166,269,666 1,016,726 167,286,392 |
| Net assets, beginning | 3,211,933 | 66,172,260 | 69,384,193 | 55,303,212 |
| Change in net assets | 881,779 | (511,258) | 370,521 | 14,080,981 |
| Net assets, ending | 4,093,712 | 65,661,002 | 69,754,714 | 69,384,193 |
Download our Full Audited Statements for 2024 and our Full Audited Statements for 2025.
CP Financial Explained for Funders
Form 990 Downloads:
2024 (PDF)
2023 (PDF)
2022 (PDF)
2021 (PDF)
2020 (PDF)
2019 (PDF)
2018 (PDF)