Financials

2020 Financials

Consolidated Balance Sheet

2020 2019
ASSETS
Cash and Cash Equivalents $ 21,664,401 $ 18,319,002
Accounts and Contracts   Receivable, Net 3,904,526 3,576,409
Accounts and Contracts   Receivable – Related Party 1,575,257 88,882
Pledges Receivable 4,350,430 5,163,177
Prepaid Expenses and Other   Assets 1,505,160 1,468,061
Investments 42,777,231 42,445,928
Charitable Trusts Receivable 2,562,689 2,724,860
Loans Receivable 25,121,040 25,121,040
Loans Receivable – Related   Party 14,542,888 7,397,962
Land, Building, and Equipment,   Net 53,861,601 51,891,920
Land and Buildings Held for   Sale 42,697 42,697
Total Assets $171,907,920 $158,239,938
LIABILITIES AND NET ASSETS
LIABILITIES
Accounts Payable $ 1,352,299 $ 4,750,842
Accounts Payable – Related   Party 300,766
Accrued Payroll and Payroll   Expenses 3,663,559 3,743,324
Other Accrued Liabilities 1,086,364 956,820
Obligations of Split-Interest   Agreements 865,318 918,160
Accrued Pension Liability 5,124,022 3,404,499
Notes and Mortgages Payable 37,906,649 38,261,519
Total Liabilities 49,998,211 52,335,931
NET ASSETS
Without Donor Restrictions 101,623,398 81,757,224
With Donor Restrictions 20,286,310 24,146,783
Total Net Assets 121,909,708 105,904,007
Total Liabilities and Net   Assets $171,907,920 $158,239,938

Revenue and Support

2019 2019 2020 2020
$ % $ %
Government Fees and Grants 22,028,877 67.5% 36,391,746 72.0%
Program Service Fees 9,960,895 30.5% 11,100,216 22.0%
Other Revenue 637,925 2.0% 3,022,268 6.0%
Total Revenue 32,627,697 50,514,230
Contributions, grants, net 18,835,473 97.0% 25,898,980 98.0%
United Way 575,300 3.0% 522,800 2.0%
Total Support 19,410,773 26,421,780
Total Revenue and Support 52,038,470 76,936,010
Total use of Funds 56,466,824 60,376,679
Fundraising 6% 3,191,226 5%
Management and General 10% 5,269,195 9%
Advocacy and other client programs 10% 5,728,516 9%
Aging and Disability 10% 6,200,455 10%
Children’s and Family 19% 9,980,374 17%
Housing Stability 46% 30,006,913 50%
Total 0% 101% 100%

2020 Annual Report

Donate Now ENews