Equity and Inclusion in Action

2022 Impact Report

$3.2 million directly invested into Equitable Development Activities

Since 2014, our investments have leveraged over $68 million into our neighborhoods.

%

84% of all our resources invested back into community serving programs and services
Statement of Financial Position 2022 2021
Assets $16,392,602 $18,216,384
Cash $4,535,855 $6,713,111
Grants Receivable $2,759,364 $790,118
Endowment $7,729,127 $9,670,992
Program Related Investment (Loan) $300,000 $300,000
Other $1,068,256 $742,233
Liabilities $271,118 $261,914
Accounts Payable $102,674 $78,873
Grants Payable $85,500 $123,750
Other $82,944 $59,291
Net Assets $16,121,484 $17,954,470
Total Liabilities & Net Assets $16,392,602 $18,216,384
Statement of Activities 2022 2021
Revenue $5,859,123 $4,820,752
Grants/Contributions $5,280,731 $4,323,786
Government Grants/Earned Revenue $507,897 $469,890
Other $70,495 $27,076
Expenses $6,065,851 $5,045,716
Grants & Program Services $5,197,422 $4,234,461
Management & General $868,429 $811,255
Net Income ($206,728) ($224,964)
Unrealized Loss/Gains on Investments Endowment ($1,626,258) $1,140,870
Total Net Assets ($1,832,986) $915,906

2022 has been a tumultuous year in the stock market, having a significant impact on the value of non-profit endowments. Neighborhood Allies has deployed assets and resources into communities at its highest rate; however, volatility in the stock market reaching all-time highs has resulted in considerable unrealized (paper reported) losses that effects the presentation of our financial position. The Unrealized Losses on Endowed Investments have no effect on Neighborhood Allies’ ability to meet its financial obligations. Despite economic downturn, Neighborhood Allies has remained resilient and strives to continue on a path of growth and stability while driving change across our focus communities.