FINANCIALS

REVENUE

 

General Revenue: We are pleased to report a positive net margin of $2.3 million. We are grateful for the continued support of our funding partners, including donors and foundations.

 

Contribution Revenue: Generous contributions provided 9.25% of our total revenue this year. These contributions directly supported our vital work in capital funding, behavioral health services, and client assistance.

 

Contract and Fee for Services Revenue: We are grateful for the critical support of state, local, and federal agencies. Their funding accounted for 87.2% for our total revenue in FY22/23, allowing us to deliver essential services to the most vulnerable.

 

EXPENDITURES

 

Programs: Two thirds, or 66%, of total costs go towards staffing, allowing our team to directly serve clients and our communities. Child Welfare and Behavioral Health are our two largest lines of service, representing 46% of our expenses. We also dedicate significant resources, about 20%, to Refugee and Immigrant Services. The remaining 28% covers Management and General expenditures, which keeps all programs running smoothly.

 

BALANCE SHEET

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Our liquidity position is sufficient to support programs and operations along with servicing debt. Our net assets increased $2.3 million due to an operating surplus, investment income, and continued support from our communities.

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Note: This financial report and accompanying charts do not include our affiliate agency, Compass Housing Alliance.