a year of powerful change.

2021 Impact Report

Income Statement 2021 2020
Assets $18,216,384 $17,244,366
Cash $6,713,111 $6,873,950
Grants Receivable $790,118 $645,511
Endowment $9,670,992 $8,979,002
Program Related Investment (Loan) $300,000 --
Other $742,233 $745,903
Liabilities $261,914 $205,801
Accounts Payable $78,873 $81,100
Grants Payable $123,750 $62,600
Other $59,291 $62,101
Net Assets $17,954,470 $17,038,565
Total Liabilities & Net Assets $18,216,384 $17,244,366
Statement of Activities 2021 2020
Revenue $5,961,622 $11,540,244
Grants/Contributions $4,323,786 $9,952,950
Government Grants/Earned Revenue $469,890 $752,152
Investment Income $1,140,870 $774,433
Other $27,076 $60,709
Expenses $5,045,716 $4,229,300
Grants & Program Services $4,234,461 $3,599,561
Management & General $811,255 $629,739
Net Income $915,906 $7,310,944
Expenses $4,234,209 $3,248,520
Grants & Program Services $3,603,122 $2,804,111
Management & General $631,087 $444,409
Net Income $7,308,655 $6,146,927

$4.2 million directly invested into Equitable Development Activities

Since 2014, our investments have leveraged over $58 million into our neighborhoods.

We awarded $1 million in grants directly into neighborhoods through RISE HIGH, The Accelerator and FEC.