Financials

		2019		2018
ASSETS
Cash and Cash Equivalents	$	18,319,002	$	22,184,008
Accounts and Contracts Receivable, Net		3,576,409		5,544,245
Accounts and Contracts Receivable – Related Party		460,791		3,572,318
Pledges Receivable		5,163,177		7,503,281
Prepaid Expenses and Other Assets		1,468,061		2,002,727
Investments		42,445,928		42,983,957
Charitable Trusts Receivable		2,724,860		3,999,900
Loans Receivable		25,121,040		25,121,040
Loans Receivable – Related Party		7,397,962		10,538,551
Land, Building, and Equipment, Net		51,891,920		39,033,432
Land and Buildings Held for Sale		42,697		42,697
Total Assets	$	158,611,847	$	162,526,156

LIABILITIES AND NET ASSETS
LIABILITIES
Accounts Payable	$	5,423,517	$	2,901,144
Accrued Payroll and Payroll Expenses		3,743,324		3,470,207
Other Accrued Liabilities		956,821		720,885
Obligations of Split-Interest Agreements		918,160		1,537,556
Accrued Pension Liability		3,404,499		2,256,900
Notes and Mortgages Payable		38,261,519		42,094,736
Total Liabilities		52,707,840		52,981,428

NET ASSETS
Without Donor Restrictions		80,451,086		80,572,171
With Donor Restrictions		25,452,921		28,972,557
Total Net Assets		105,904,007		109,544,728

Total Liabilities and Net Assets	$	158,611,847	$	162,526,156

	2019							2018
		Without Donor Restrictions		With Donor Restrictions		Total		Without Donor Restrictions		With Donor Restrictions		Total
REVENUE AND SUPPORT
Revenue:
Government Fees and Grants	$	22,028,877	$	–	$	22,028,877	$	22,881,668	$	–	$	22,881,668
Program Service Fees		9,960,895		–		9,960,895		10,530,248		–		10,530,248
Other Revenues		637,925		–		637,925		2,615,494		–		2,615,494
Total Revenue		32,627,697		–		32,627,697		36,027,410		–		36,027,410

Support:
Contributions and Private Grants, Net		16,614,665		2,220,808		18,835,473		17,476,819		7,282,723		24,759,542
United Way		–		575,300		575,300		–		877,500		877,500
Total Support		16,614,665		2,796,108		19,410,773		17,476,819		8,160,223		25,637,042
Net Assets Released from Restrictions		6,679,772		(6,679,772)		–		14,890,941		(14,890,941)		–
Total Revenue and Support		55,922,134		(3,883,664)		52,038,470		68,395,170		(6,730,718)		61,664,452

Use of Funds
Housing Stability Services	$	25,715,735	46%
Children and Family Services		10,478,359	19%
Aging and Disability Services		5,831,222	10%
Advocacy and Other Client Programs		5,651,397	10%
Management and General		5,610,351	10%
Fundraising		3,179,760	6%
Total	$	56,466,824	100%