Page 11 - childfamily2019annual

11 I Annual Report 2019

FINANCIAL OVERVIEW

CHILD & FAMILY CENTER
(A California Nonprofit Corporation)

STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2019
(WITH COMPARATIVE TOTALS FOR 2018)

Without With
Donor Donor Total
Restrictions Restrictions 2019 2018
REVENUE AND SUPPORT
Governmental service contracts $ 12,066,810 $ - $ 12,066,810 $ 10,961,103
Contract settlements 13,916 13,916 (976,683)
Contributions and grants 101,021 228,000 329,021 997,354
Fees for services 7,763 7,763 4,798
Fundraising events revenue 209,528 209,528 219,892
In-kind contributions 313,689 313,689 250,761
Interest and dividend income 7,625 7,625 6,602
Other income 23,707 23,707 18,850
Rental income 132,693 132,693 132,693
Realized and unrealized gain on beneficial
interest in funds held by others 6,358 6,358 10,252
Net assets released from restriction 467,832 (467,832)
Total revenue and support 13,350,942 (239,832) 13,111,110 11,625,622

EXPENSES
Program services 11,000,041 11,000,041 9,758,820
Support services 1,617,264 1,617,264 1,725,017
Fundraising expenses 470,689 470,689 447,988
Total expenses 13,087,994 13,087,994 11,931,825

CHANGE IN NET ASSETS 262,948 (239,832) 23,116 (306,203)

NET ASSETS, BEGINNING OF YEAR 4,531,385 535,000 5,066,385 4,678,352

MERGED NET ASSETS 694,236

NET ASSETS, AT BEGINNING OF YEAR
AFTER MERGER (Note 1) 4,531,385 535,000 5,066,385 5,372,588

NET ASSETS, END OF YEAR $ 4,794,333 $ 295,168 $ 5,089,501 $ 5,066,385