5Cities Homeless Coalition
Board of Directors
Ken Dalebout, President
Linda Pierce, Vice President
Brad Wilbert, Secretary
Paul Jarvis, Treasurer
Nancy Allison
Peggy Coon
Pat Cusack
Judith M. Higgins
David Hutsko
Mike Martinez
Jane Renahan
Mariam Shah
Executive Director
Janna Nichols
[email protected]
www5CHC.org
P.O. Box 558
Grover Beach, CA 93483
Office (805) 574-1638
Fax (805) 668-2380
5Cities Homeless Coalition
A 501(c)(3)
Nonprofit Corporation
ID #
April 28, 2022
Mr. Jim Lewis
City of Pismo Beach
760 Mattie Road
Pismo Beach, CA 93449
Mr. Lewis and Council,
I am writing to request your consideration of financial support for the work of the 5Cities Homeless Coalition in your upcoming budget deliberations. 5Cities Homeless Coalition is seeking your support of a grant for $25,000 to support our street outreach program and case management activities at the Coalition’s service center.
The 5Cities Homeless Coalition, having recently celebrated our 11th year, is now seen as a lead organization in the region for addressing the breadth of challenges facing homeless and at-risk families.
The efforts of the 5Cities Homeless Coalition are focused on transforming lives, enhancing community awareness through volunteers, faith communities and media communications; expanding client services; and improving the homeless services delivery system in South County. Our strength is in mobilizing community resources, especially utilizing volunteers and in-kind services, and strengthening the network of services.
Our work goes beyond the immediate, to ensure that clients have the plan, skill sets, education and financial means to be successful and self-sufficient. We are proud to share that more than 90% of the households that we have helped to house (or prevented from eviction) remain in their home. Programs include coordinated assessment, information and referral, medical respite, benefits advocacy (SSI, Medicare, etc.), homeless youth mentoring, winter warming center, street outreach, rapid re-housing search and stabilization services and homeless prevention (including budget counseling and financial literacy), and direct financial assistance for immediate needs, rents and deposits. Additionally, in the Spring of 2022, 5Cities Homeless Coalition will pilot a non-congregate emergency shelter project, the first of its kind in San Luis Obispo County.
The Coalition works closely with local government, business, community agencies and organizations to assess current homeless services and opportunities for collaboration to provide for immediate needs and to maximize our efforts without duplication to cooperatively assist those in need. Although we have limited our walk-in hours due to COVID, 5CHC continues to be a “one-stop” for coordinated services. In 2021, we have received over 6,500 calls for assistance, assisted over 300 households to gain or retain permanent housing.
The Coalition recognizes the impact of homelessness not only to those who are displaced but the community as a whole. Our efforts are focused on preventing homelessness in addition to assisting those who have lost their homes. The cost of living here on the Central Coast for those “living on the edge” is extremely challenging. Housing in San Luis Obispo County has been deemed one of the least affordable and available in the country. Rents have continued to skyrocket, rising more quickly here than anywhere else in the state. The effect has been profound with increasing requests for homeless prevention and extended time spent homeless.
I’m sure you’re well aware that this challenge has a direct effect on the City’s goals of maintaining a vibrant tourist-based economy, which is dependent on service industry workers whose wages are not keeping up with housing cost increases. These are among the community members who are seeking our assistance almost daily, many of whom have experienced significant financial hardships due to the pandemic. Assisting these families in maintaining their housing will be extremely important, not only to alleviate the trauma experienced by the family, but also to help support and preserve the workforce that is vital to creating a vibrant tourist-based economy. Any effort to prevent homelessness, quickly resolve or mitigate its impacts can have an effect on the overall community well-being, in addition to the direct effect experienced by the family.
In the past year we have assisted 30 Pismo Beach households with case management and direct financial assistance to help them regain housing or prevent them from being turned out into the streets.
We are also currently registered as a local partner with the State administered COVID-19 Rent Relief Program and have assisted 6 Pismo Beach households in applying for this program. Additionally, our newly expanded street outreach team has connected with 64 unhoused individuals camping or living in their vehicle in the Pismo Beach area. These individuals are provided with access to the Coalition’s housing navigation services, as well as access and referrals for basic needs, health care, mental health treatment, substance abuse treatment, benefit’s assistance, employment resources, and relocation assistance.
Last year the Coalition provided the following services in San Luis Obispo County, in addition to the warming center.
• 163 homeless families received deposit and/or rental assistance to regain housing • 136 families avoided eviction with assistance applying to the CA COVID-19 Rent Relief Program • 4 individuals were assisted with relocation to a stable living environment with family or friends, or to a substance abuse treatment program
• 554 households received coordinated assessment and funding for immediate needs • 32 clients received guidance and help applying for or receiving Social Security, Disability and MediCal benefits to which they are entitled
• 297 individuals living outside were connected to resources through outreach to local encampments • 60 homeless youth received case management with job, education and housing support o 19 of these youth were successfully housed through our youth pilot program that provided rapid re-housing, transitional housing, and host home options for youth.
Coalition staff sincerely appreciates the partnership we have with the City, through this request and your past support with the CDBG award and warming center. With support such as this, we are able to leverage other grants that require a local match, thus enabling us to maximize our community impact.
Attached please find our most recent audit for 2020. We are in the process of amending our fiscal year to July 1 – June 30, and will be conducting an 18-month audit in the coming months. We will gladly make the report available upon its completion. Additionally, I am attaching our most recent program report for the month of March to give you a snapshot of overall impact on our community.
Thank you in advance for your consideration.
Janna Nichols
Executive Director
PO Box 1930
Newport, Oregon 97365
Prepared by
Certified Public Accountant
DECEMBER 31, 2020
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
AUDITED FINANCIAL STATEMENTS
SIGNE GRIMSTAD
530 NW 3rd Street
Ken Dalebout President
Linda Pierce Vice President
Brad Wilbert Secretary
Paul Jarvis Treasurer
Nancy Allison Director
Peggy Coon Director
Pat Cusack Director
Judith Higgins Director
Pastor David Hutsko Director
Chief Jake Miller Director
Jane Renahan Director
Amy Taylor Director
Mike Wooten Director
Janna Nichols Executive Director
Charlotte Alexander Director of Operations
Grover Beach, California 93483
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
BOARD OF DIRECTORS
STAFF
ADDRESS
PO Box 558
100 S. 4th Street
INTRODUCTORY SECTION
Title page
Board of Directors
Table of Contents
FINANCIAL SECTION Page
Independent Auditor's Report 1-2
Statement of Financial Position 3
Statement of Activities 4
Statement of Functional Expenses for Program and Support Services 5 Statement of Cash Flows 6
Notes to the Financial Statements 7-18
5CITIES HOMELESS COALITION, INC.
Table of Contents
GROVER BEACH, CALIFORNIA
1 INDEPENDENT AUDITOR’S REPORT
To the Board of Directors
5Cities Homeless Coalition, Inc.
PO Box 558
Grover Beach, California 93483
I have audited the accompanying financial statements of 5Cities Homeless Coalition, Inc. (a nonprofit corporation), which comprise the statement of financial position as of December 31, 2020, the related statements of activities, functional expenses, and cash flows for the year then ended, and the related notes to the financial statements.
Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
My responsibility is to express an opinion on these financial statements based on my audit. I conducted my audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, I express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion.
5Cities Homeless Coalition, Inc.
May 18, 2021
2 Opinion
In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of 5Cities Homeless Coalition, Inc. as of December 31, 2020, and the changes in its net assets and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
GRIMSTAD & ASSOCIATES
Signe Grimstad
Certified Public Accountant
Newport, Oregon
May 18, 2021
Signe Grimstad CPA
Without Donor With Donor
Restrictions Restrictions Total
Assets
Current assets
Cash 189,159$ 7,500$ 196,659$
Grants receivable 420,666 - 420,666
Prepaid expenses 8,264 - 8,264
Deposits 7,646 - 7,646
Total current assets 625,735 7,500 633,235 Property and equipment
Property and equipment, at cost 1,004,835 - 1,004,835 Less: Accumulated depreciation (28,880) - (28,880)
Net fixed assets 975,955 - 975,955
Other assets
Deposits 500 - 500
Total other assets 500 - 500
Total assets 1,602,190$ 7,500$ 1,609,690$
Liabilities and net assets
Current liabilities
Accounts payable 31,022$ -$ 31,022$
Accrued wages 26,285 - 26,285
Accrued paid time off 10,807 - 10,807
Accrued interest 1,983 - 1,983
Deferred revenue 90,711 - 90,711
Notes payable, current portion 55,226 - 55,226
Total current liabilities 216,034 - 216,034
Long-term liabilities
Notes payable, long-term portion 182,274 - 182,274 Total long-term liabilities 182,274 - 182,274
Total liabilities 398,308 - 398,308
Net assets
Without donor restrictions 1,203,882 - 1,203,882
With donor restrictions -7,500 7,500
Total net assets 1,203,882 7,500 1,211,382
Total liabilities and net assets 1,602,190$ 7,500$ 1,609,690$ 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
STATEMENT OF FINANCIAL POSITION
as of December 31, 2020
The accompanying notes are an integral part of these financial statements. 3 Without Donor With Donor
Restrictions Restrictions Total
Support:
Government grants 54,089$ -$ 54,089$
Foundation grants 87,944 -87,944
Contributions, individuals 320,368 -320,368
Contributions, businesses 59,471 -59,471
Contributions in-kind 131,957 -131,957
Total support 653,829 -653,829
Revenues:
Government contracts 791,481 -791,481
Special events 70,622 -70,622
Bank interest 16 - 16
Realized loss on sale of donated stocks (78)-(78)
Total revenues 862,041 -862,041
Total support and revenues 1,515,870 -1,515,870
Expenses:
Program services:
Housing support 373,187 -373,187
Immediate needs 43,667 -43,667
Homeless youth 83,210 -83,210
Benefits advocacy 64,925 -64,925
Warming center 64,703 64,703
Outreach and other 347,087 -347,087
Total program expenses 976,779 -976,779
Support services:
Management and general 163,363 -163,363
Fundraising 133,221 -133,221
Total expenses 1,273,363 -1,273,363
Change in net assets 242,507 -242,507
Net assets at beginning of fiscal year 971,297 7,500 978,797 Prior period adjustment (9,922) -(9,922)
Net assets at beginning of fiscal year, restated 961,375 7,500 968,875 Net assets at end of fiscal year 1,203,882$ 7,500$ 1,211,382$ 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
STATEMENT OF ACTIVITIES
For the Year Ended December 31, 2020
The accompanying notes are an integral part of these financial statements. 4 Housing Immediate Homeless Benefits Warming Outreach Management Fund-Total Support Needs Youth Advocacy Center and Other Total and General raising Expenses Salaries and wages 75,000$ -$ 31,000$ 51,300$ 24,184$ 177,335$ 358,819$ 118,336$ 41,945$ 519,100$ Payroll taxes 6,195 - 2,561 4,237 1,997 14,648 29,638 9,775 3,465 42,878 Health insurance 1,726 - 714 1,181 557 4,083 8,261 2,724 966 11,951 Workers' compensation 396 - 164 271 128 937 1,896 625 221 2,742 Total personnel costs 83,317 - 34,439 56,989 26,866 197,003 398,614 131,460 46,597 576,671 Accounting and auditing 1,003 1,003 1,003 1,003 1,003 1,003 6,018 4,435 1,504 11,957 Bank and merchant fees - - - - - - - 329 3,251 3,580 Dues and subscriptions - - - - - - - 330 - 330 Employee recruitment - - - - - 4,315 4,315 138 - 4,453 Eviction prevention 154,626 - 2,300 - - - 156,926 - - 156,926 Insurance 2,115 2,115 2,115 2,115 2,115 2,115 12,690 2,644 2,291 17,625 Interest 1,870 221 421 329 318 1,678 4,837 - - 4,837 Information technology - - - - - 4,333 4,333 1,238 619 6,190 Licenses and taxes - - - - - 20 20 2,067 - 2,087 Mileage - 37 25 - 10 52 124 1,008 - 1,132
Miscellaneous - - - - - - - 516 - 516
Occupancy 1,672 1,672 1,672 1,672 1,672 1,672 10,032 2,091 1,811 13,934 Office supplies - - - - - 8,284 8,284 1,788 446 10,518 Payroll service 717 - 297 491 231 1,696 3,432 1,132 402 4,966 Partner contracts - - 15,000 - - 11,800 26,800 - 2,500 29,300 Postage - - - - - 19 19 660 508 1,187 Printing and reproduction - - 38 - - 173 211 - 254 465 Rapid rehousing 109,417 - 23,520 - - - 132,937 - -132,937 Rent - - - - 6,000 41,914 47,914 3,926 5,093 56,933 Repairs and maintenance - - - - - 1,301 1,301 653 - 1,954 Software - - - - - 20 20 - 2,499 2,519 Special event direct costs - - - - - -- - 8,492 8,492 Staff development - - 54 - - 136 190 30 20 240 Supplies and equipment 16,124 36,293 - - 18,556 6,958 77,931 3,993 5,801 87,725 Website 200 200 200 200 200 200 1,200 - 1,818 3,018 Subtotal expenses 371,061 41,541 81,084 62,799 56,971 284,692 898,148 158,438 83,906 1,140,492 Contributions in-kind - - - - 5,606 60,269 65,875 2,267 55,504 123,646 Depreciation 2,126 2,126 2,126 2,126 2,126 2,126 12,756 2,658 2,303 17,717 Less special event direct costs - - - - - - - - (8,492) (8,492) Total expenses 373,187$ 43,667$ 83,210$ 64,925$ 64,703$ 347,087$ 976,779$ 163,363$ 133,221$ 1,273,363$ Percent of total expenses 29.31%3.43%6.53%5.10%5.08%27.26%76.71%12.83%10.46%100.00% 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
STATEMENT OF FUNCTIONAL EXPENSES FOR PROGRAM AND SUPPORT SERVICES For the Year Ended December 31, 2020
Support ServicesProgram Services
The accompanying notes are an integral part of these financial statements. 5 Without Donor With Donor
Restrictions Restrictions Total
Cash flows from operating activities
Change in net assets 242,507$ -$ 242,507$
Adjustments to reconcile change in net assets
to net cash provided by operating activities:
Depreciation 17,717 - 17,717
Loss on sale of donated stocks 78 78
Donated stocks (8,311) (8,311)
Changes in operating assets and liabilities:
(Increase) decrease in:
Grants receivable (260,798) - (260,798)
Prepaid expenses (3,039) - (3,039)
Deposits (6) - (6)
Increase (decrease) in:
Accounts payable 29,196 - 29,196
Accrued wages 11,297 - 11,297
Accrued vacation 6,305 - 6,305
Accrued interest 1,983 1,983
Deferred revenue 52,107 - 52,107
Net cash provided by operating activities 89,036 - 89,036 Cash flows from investing activities
Purchases of fixed assets (105,952) - (105,952)
Proceeds from sales of donated stocks 8,233 8,233 Net cash used by investing activities (97,719) - (97,719) Cash flows from financing activities
Bank line of credit proceeds 42,000 - 42,000
Bank line of credit payments (89,457) - (89,457)
Notes payable proceeds 237,500 - 237,500
Notes payable payments (50,000) - (50,000)
Net cash provided by financing activities 140,043 - 140,043 Net increase in cash and equivalents 131,360 - 131,360 Cash and cash equivalents at beginning of year 57,799 7,500 65,299 Cash and cash equivalents at end of year 189,159$ 7,500$ 196,659$ Supplementary cash flow disclosures
Cash paid for interest 2,854$
Schedule of noncash transactions:
In-kind contributions of stocks (8,311)$
Noncash investment in stocks 8,311
Net noncash transactions -$
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
STATEMENT OF CASH FLOWS
For the Year Ended December 31, 2020
The accompanying notes are an integral part of these financial statements. 6 Note 1 - Description of Organization
Nature of operations
5Cities Homeless Coalition, Inc. (5CHC) is a California nonprofit corporation organized on March 3, 2009. 5CHC works to transform lives in southern San Luis Obispo County, California, from the Cities of Avila Beach to Nipomo. 5CHC mobilizes community resources, fosters hope, and advocates for the homeless and those facing homeless- ness with the vision of building an engaged community that fully understands the complexities of homelessness and actively shares the responsibility of creating and implementing solutions to reduce it and shelter their neighbors. 5CHC derives its revenue from government and other grants, contracts, contributions and fundraising.
Description of programs
Housing Support
The Housing Support Program serves those who are homeless or at risk of losing housing in San Luis Obispo County.
Case management, rental and deposit assistance, information and referral to community services, comprehensive needs assessment, identification of barriers to success, and development of an immediate action plan. Those who visit 5CHC's office are provided access to computer, internet, phone charging, mailing address, food and hygiene supplies. The program also serves veterans who are homeless or at risk of losing housing through a joint effort with Good Samaritan Shelter to provide supportive services for veteran families (SSVF). The United States Department of Veterans Affairs provides funding for this program.
Immediate Needs
Assists homeless and low-income families and individuals who reside in southern San Luis Obispo County with funds to address their immediate needs and move them to self-sufficiency, home stability, and economic improvement.
Assistance is used for utilities, fuel, auto repairs, food, clothing, and unpaid bills paid directly to applicable vendors on behalf of program participants.
Homeless Youth
Matches a case manager with unaccompanied youth aged 16-24 to provide education, connection, and services such as immediate needs, housing, and development of an individualized Action Plan to assist them in living independently, maintaining steady employment, and continuing their education.
Benefits Advocacy
Those enrolled in 5CHC's case management are offered additional guidance and advocacy for obtaining and retaining public benefits such as Supplemental Security Income (SSI), Social Security Disability Insurance (SSDI), CalFresh and other assistance. Participants are encouraged to learn financial literacy and budgeting.
Warming Center
Provides an overnight warming center during the winter months when temperature predications are at or below 40 degrees or rain potential of 50% or more from November through April. Those staying at the warming center are provided meals and laundry services and may arrive by 5pm and leave by 7am the next day.
Outreach and Other Programs
Provide coordinated entry into the homelessness support system that begins with conducting a comprehensive assessment of needs, identification of barriers to success, and development of an immediate action plan for each individual or family who requests assistance. 5CHC's staff serves as a source of information on available resources, knowledge of county programs for the homeless, and referral services for those in need.
Management and General
Includes the functions necessary to maintain 5CHC's support program; ensure an adequate working environment; provide coordination and articulation of 5CHC's program strategy through the office of the executive director; secure proper administrative functioning of the board of directors; maintain competent legal services for the program admin- istration of 5CHC; and manage the financial and budgetary responsibilities of 5CHC. 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
7 Note 1 - Description of Organization (continued)
Fundraising
Includes publicizing and conducting fundraising campaigns; maintaining donor lists; grant writing; conducting special fundraising events; and other activities involved with soliciting contributions and grants from governments, foundations, individuals, businesses, and others.
Note 2 - Significant Accounting Policies
5CHC prepares its financial statements in accordance with generally accepted accounting principles promulgated in the United States of America (U.S.GAAP) for nonprofit entities. The significant accounting and reporting policies used by 5CHC are described subsequently to enhance the usefulness and understandability of the financial statements.
Basis of Accounting
The accompanying financial statements have been prepared on the accrual basis of accounting and, accordingly, reflect all significant receivables, payables, and other accruals.
Use of estimates
The preparation of financial statements in conformity with U.S.GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. On an ongoing basis, 5CHC's manage- ment evaluates the estimates and assumptions based upon historical experience and various other factors and circumstances. 5CHC's management believes that the estimates and assumptions are reasonable in the circum- stances; however, actual results could differ from those estimates.
Net assets
The financial statements report net assets and changes in net assets in two classes that are based upon the existence or absence of restrictions on use that are placed by its donors, as follows:
Net assets without donor restrictions
Net assets without donor restrictions are resources available to support operations. The only limits on the use of these net assets are the broad limits resulting from the nature of the organization, the environment in which it operates, the purposes specified in its corporate documents and its application for tax-exempt status, plus any limits resulting from contractual agreements with creditors and others that are entered into in the course of its operations.
Net assets with donor restrictions
Net assets with donor restrictions are resources that are restricted by donors for use for specified purposes or in certain future periods. Some donor-imposed restrictions are temporary in nature, and the restrictions expire when the resources are used in accordance with the donor's instructions or when the stipulated time has passed. Other donor-imposed restrictions are perpetual in nature; 5CHC must continue to use the resources in accordance with the donors' instructions. Restricted support is recorded as an increase in unrestricted net assets if the restriction expires in the reporting period in which the support is recognized.
When donors' restrictions are satisfied, either by using the resources in the manner specified by the donors or by the passage of time, the expiration of the restrictions are reported in the financial statements by reclassifying the net assets from net assets with donor restrictions to net assets without donor restrictions. Net assets restricted for acquisition of buildings or equipment (or less commonly, the contribution of those assets directly) are reported as net assets with donor restrictions until the specified assets are placed in service by 5CHC, unless the donors provide more specific instructions about the period of the assets' use. 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
8 Note 2 - Significant Accounting Policies (continued)
Classification of transactions
All revenues are reported as increases in net assets without donor restrictions in the statement of activities unless any donor specified the use of the related resources for a particular purpose or in a future period. All expenses are reported as decreases in net assets without donor restrictions. Net investment gains and losses are recorded as increases or decreases, respectively, of restricted net assets until designated to be spent when they are recorded as unrestricted net assets.
Cash and cash equivalents
Cash and cash equivalents include all cash balances on deposit with financial institutions and highly liquid investments with a maturity of three months or less at the date of purchase.
Grants receivable and allowance for doubtful accounts
Receivables are accounted for on the accrual basis and become past due after 60 days. No allowance for uncollectable accounts has been provided, as 5CHC typically collects all outstanding amounts. Grant receivables are written off if all efforts at collection have failed and management determines that collection is unlikely.
Receivables older than 90 days totaled $65,266, at December 31, 2020.
Donations of property and equipment
Donations of property and equipment (long-lived assets) that do not have donor imposed stipulations about how long the property must be used are recorded as unrestricted contributions in the fiscal year received.
Property and equipment
Purchases of fixed assets costing $2,500 or more are capitalized. Donated fixed assets valued at $2,500 or more are capitalized and recorded at fair value at the time of receipt. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. The cost and accumulated depreciation of property sold or retired is removed from the related asset and accumulated depreciation accounts and any resulting gain or loss is recorded in the fiscal year of disposal. Depreciation is calculated utilizing the straight-line method over the estimated useful lives of the assets, that range from 5 to 10 years for furniture and equipment, 10 to 40 years for building and building improvements.
Impairment of long-lived assets
Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Recoverability is measured by a comparison of the carrying amount of the asset to the future net undiscounted cash flow expected to be generated and any estimated proceeds from the eventual disposition. If any long-lived assets are considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount of the asset exceeds the fair value as determined from an appraisal, discounted cash flow analysis or other valuation technique. There was no impairment loss recognized during the year ended December 31, 2020.
Investments
Investments typically consist of donated, publicly traded securities with readily determinable fair values, presented at fair value in the statement of financial position. Realized and unrealized gains and losses are included in the change in net assets in the accompanying statement of activities. Donated securities are recorded at their fair value on the date of donation which is the closing price per share per published stock market reports. Donated securities are sold upon receipt to ensure the highest value of the security is received as intended by the donor(s).
Accounting for contributions
Contributions, including unconditional promises to give, are recognized when received. All contributions are reported as increases in net assets without donor restrictions unless use of the contributed assets is specifically 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
9 Note 2 - Significant Accounting Policies (continued)
Accounting for contributions (continued)
restricted by the donor. Amounts received that are restricted by the donor to use in future periods or for specific purposes are reported as increases in net assets with donor restrictions. Unconditional promises with payments due in future years have an implied restriction to be used in the year the payment is due, and therefore are reported as restricted until the payment is due, unless the contribution is clearly intended to support activities of the current fiscal year. Conditional promises, such as matching grants, are not recognized until they become unconditional, that is, until all conditions on which they depend are substantially met.
Contributions in-kind
5CHC sometimes receives contributions in a form other than cash. Donated supplies are recorded as contributions at the date of the gift and as expenses when the donated items are placed into service or distributed. If 5CHC receives a contribution of land, buildings, or equipment, the contributed asset is recognized as an asset at its estimated fair value at the date of the gift, provided that the value of the asset and its estimated useful life meets 5CHC's capitalization policy. Donated use of facilities is reported as contributions and as expenses at the estimated fair value of similar space for rent under similar conditions. If the use of the space is promised uncon- ditionally for a period greater than one year, the contribution is reported as a contribution and an unconditional promise to give at the date of the gift, and the expense is reported over the term of use. 5CHC benefits from personal services provided by many volunteers. Those volunteers have donated regular amounts of time and services in 5CHC's program operations and in its fundraising campaigns. However, the majority of the contributed services do not meet the criteria for recognition in the financial statements. 5CHC records the fair value of contributed services in the financial statements if the services either (a) create or enhance a nonfinancial asset or (b) require specialized skills; are provided by persons possessing those skills; and would need to be purchased if they were not donated as required by ASC 958.
Grant revenue
Grant revenue is recognized when the qualifying costs are incurred for cost-reimbursement grants or contracts or when a unit of service is provided for performance grants. Grant revenue for federal agencies is subject to indepen- dent audit under the Office of Management and Budget's audit requirements for federal awards and review by grantor agencies. The review could result in the disallowance of expenditures under the terms of the grant or reductions of future grant funds. Based on prior experience, 5CHC's management believes that costs ultimately disallowed, if any, would not materially affect the financial position of the organization.
Expense recognition and allocation
The cost of providing 5CHC's programs and other activities is summarized on a functional basis in the statement of functional expenses. Expenses that can be identified with a specific program or support service are charged directly to that program or support service. Costs common to multiple functions have been allocated among the various functions benefitted using a reasonable allocation method that is consistently applied, as follows:
Salaries, wages, benefits, and payroll taxes are allocated based on activity reports prepared by key personnel.
Occupancy costs such as utilities, depreciation, and interest are allocated based on the actual costs per square foot for each program.
Insurance, some supplies and miscellaneous expenses that cannot be directly identified are allocated on the basis of employee headcount for each program and supporting activity.
Every 3 years, or more often when new space or programs are added, the bases on which costs are allocated are evaluated.
Management and general expenses include those costs that are not directly identifiable with any specific program, but which provide for the overall support and direction of 5CHC. 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
10 Note 2 - Significant Accounting Policies (continued) Expense recognition and allocation (continued)
Fundraising costs are expensed as incurred, even though they may result in contributions received in future years. 5CHC generally does not conduct its fundraising activities in conjunction with its other activities. In the few cases in which it does, such as when the annual report or donor acknowledgements contain requests for contributions, joint costs are allocated between fundraising and management and general expenses in accordance with U.S.
GAAP for costs of activities that include fundraising.
Advertising costs
Advertising costs are recorded as expenses of the applicable program in the period incurred.
Income taxes
5CHC has been determined to be exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2). With few exceptions, 5CHC is no longer subject to U.S. federal and state income tax examinations by tax authorities for fiscal years before January 1, 2016.
The preparation of financial statements in conformity with U.S. GAAP requires 5CHC to report information regarding its exposure to various tax positions taken by 5CHC. 5CHC has determined whether any tax positions have met the recognition threshold and has measured any entity exposure to those tax positions. Management believes that all relevant tax positions have been adequately addressed and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed.
Subsequent events
Management has evaluated subsequent events through May 18, 2021, which was the date the financial statements were available to be issued.
Fair value measurements
FASB ASC 820, Fair Value Measurements and Disclosures, establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure value.
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabil- ities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under FASB ASC 820 are described on the following page.
Level 1. Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that 5CHC has the ability to access.
Level 2. Inputs to the valuation methodology include quoted prices for similar assets or liabilities in active or inactive markets, inputs other than quoted prices that are observable for the asset or liability, and inputs that are derived principally from or corroborated by observable market data by correlation or other means. If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.
Level 3. Inputs to valuation methodology are unobservable and significant to the fair value measurement. 5CHC did not have any assets or liabilities using Level 3 valuation methodology.
The primary uses of fair value measures in 5CHC's financial statements are as follows:
Initial measurement of in-kind contributions including donated public securities.
Change in accounting principles
FASB is the Financial Accounting Standards Board and ASU is Accounting Standards Update. 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
11 Change in accounting principles (continued)
5CHC implemented FASB ASU No. 2016-01 - Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities in the current year. This ASU did not have an effect on 5CHC's financial statements since the required disclosures are made annually. 5CHC implemented FASB ASU No. 2016-18 - Statement of Cash Flows (Topic 230): Restricted Cash in the current year which added a column on the statement of cash flows for restricted cash activity. 5CHC implemented FASB ASU No. 2014-09 - Revenue from Contracts With Customers (Topic 606). This ASU did not have an effect on 5CHC's financial statements.
5CHC implemented FASB ASU No. 2018-08 - Revenue Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made (Topic 958). This ASU did not have an effect on 5CHC's financial statements.
Note 3 - Liquidity and Availability
Financial assets available for general expenditure, that is, without donor or other restrictions limiting their use, within one year of December 31, 2020 are:
Financial assets:Amount
Cash 196,659$
Grants receivable 420,666
Prepaid expenses 8,264
Deposits 7,646
Total financial assets 633,235
Less financial assets held to meet donor-imposed restrictions:
Restricted cash 7,500
Total restricted financial assets 7,500
Amount available for general expenditures within one year 625,735$ Restricted cash of $7,500 is not available for general operations, rather it is restricted for a specific purpose.
The deposits are rental deposits and will be returned to 5CHC in 2021, and, accordingly are included in the amount available for general expenditures in the next year. 5CHC also has a bank line of credit of $125,000 for cash flow purposes if grants receivable continue to be collected slowly during the pandemic.
Note 4 - Cash
Cash and money market funds are held in separate bank and investment accounts. All cash deposits were insured by federal depository insurance at December 31, 2020, and consisted of the following:
Bank Books
SESLOC Credit Union money market 100,016$ 100,016$
SESLOC Credit Union share account 5 5
Mechanics Bank operations 112,560 95,411
Mechanics Bank programs 1,202 1,027
Petty cash - 200
Subtotal cash in banks and on hand 213,783 196,659
Less restricted cash - 7,500
Total operating cash 213,783$ 189,159$
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
GROVER BEACH, CALIFORNIA
5CITIES HOMELESS COALITION, INC.
Balance per
12 Note 5 - Concentrations
Concentrations of grants receivable at December 31, 2020 are as follows:
Amount % of Total
San Luis Obispo County (all grants)364,086$ 86.55%
City of Grover Beach (CDBG)42,591 10.12%
All other 13,989 3.33%
Total accounts receivable 420,666$ 100.00%
Concentrations of support and revenues for the year ended December 31, 2020 are as follows:
Amount % of Total
San Luis Obispo County (all grants)580,816$ 38.32%
City of Grover Beach (all grants)181,032 11.94%
Other government contracts 29,633 1.95%
Other grants 142,033 9.37%
Contributions (individuals and businesses)379,839 25.06% Contributions in-kind 131,957 8.71%
Other 70,560 4.65%
Total support and revenues 1,515,870$ 100.00%
Note 6 - Prepaid Expenses and Deposits
Prepaid expenses and deposits consisted of the following at December 31, 2020:
Prepaid expenses:Amount
Prepaid employee benefits 3,446$
Prepaid rent 4,306
Prepaid property taxes 512
Total prepaid expenses 8,264$
Deposits:
Former office deposit (to be refunded in 2021)7,146$
Warming Center deposit (to be refunded in 2021)500
Subtotal current deposits 7,646
WEX Bank, gas credit card deposit (long-term)500
Total deposits 8,146$
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
13 Note 7 - Property and Equipment
Property and equipment activity for the fiscal year ended December 31, 2020, is detailed in the following schedule.
Beginning Ending
Property and equipment:Balance Additions Disposals Balance Land 350,000$ -$ -$ 350,000$
Building 525,500 - - 525,500
Improvements - 97,759 - 97,759 Vehicles 15,248 - - 15,248
Equipment 8,135 8,193 - 16,328
Fixed assets at cost 898,883 105,952 - 1,004,835 Less: Accumulated depreciation 11,163 17,717 - 28,880 Net fixed assets 887,720$ 88,235$ -$ 975,955$ Note 8 - Investments
Investment activity for the year ended December 31, 2020 is detailed below.
Cost Sale Realized Fair Value
Donated stocks Basis Proceeds Gain(loss)Level
Abbott Labs, 54 shares, 12/2/2020 5,840$ 5,736$ (104)$ 1 Abbott Labs, 23 shares, 12/23/2020 2,471 2,497 26 1 Total 8,311$ 8,233$ (78)$
The stocks were held long enough to sell, accordingly, no other investment income was earned. See Note 14 on in-kind contributions. The above stocks are considered fair value level 1 investments. See Note 2 on pages 10-11 for more details. In brief, the stocks were valued for cost basis at the closing stock market price on the dates of donation.
Note 9 - Deferred Revenue
Deferred revenue consists of payments received from area governments for contracts that have not yet been earned. Deferred revenue is moved to contract revenue once the funds are earned. Deferred revenue for the year ended December 31, 2020 consisted of the following:
Deferred revenue
Vendor, Program Program Amount
City of Arroyo Grande, Warming Center 444$
City of Pismo Beach, operations 15,000
Emergency Food and Shelter National Board Program (EFSP) Coronavirus Aid, Relief, and Economic Security (CARES) Act 188$ EFSP 3,087 3,275
San Luis Obispo County
Community Based Organization (CBO), Preventive Health Grant 21,411 Bank of the Sierra, COVID-19 4,719
Hoag Foundation, operations 8,750
Community Foundation of San Luis Obispo County (CFSLOCo) Eviction Prevention (EP)9,319
Adult Health 17,000
Opportunity to Thrive grant program 4,078
Community Needs 3,715 34,112
Central Coast Funds for Children grant (CCFC)3,000
Total deferred revenue 90,711$
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
14 Note 10 - Bank Line of Credit
5CHC has a $125,000 line of credit with Mechanics Bank at prime plus 2.75% or 8.25% in 2020. The line of credit matures on July 9, 2020, and is secured by all assets of 5CHC. Interest expense on the line of credit totaled $1,505 for 2020 including an annual loan fee of $750. There was no outstanding balance on the credit line at December 31, 2020 and activity for the line during 2020 is as follows:
Beginning Ending
Balance Borrowed Repaid Balance
Bank line of credit activity 47,457$ 42,000$ (89,457)$ -$ Note 11 - Notes Payable
Notes payable consisted of the following at December 31, 2020:
Amount
Note payable to Mechanics Bank for the Paycheck Protection Program loan sponsored by the U.S. Small Business Administration (SBA), dated April 24, 2020, payments begin in 2021 unless the forgiveness application is successful, matures April 24, 2024, repayable in 18 monthly payments of principal plus interest at 1%, totaling $4,924, unsecured. See Note 20.87,500$ Note payable to the SBA for Economic Disaster Injury Loan (EIDL) of $150,000, dated September 1, 2020, matures September 1, 2050 when all outstanding total $641 and begin on September 1, 2021. Secured by all assets of 5CHC and interest expense includes a $100 lien filing fee.150,000 Total notes payable 237,500
Less current portion 55,226
Long-term portion 182,274$
Notes payable maturities are as follows:
Year ending December 31,Amount
2021 55,226$
2022 33,145
2023 3,637
2024 3,738
2025 3,949
Thereafter 137,805
Total Notes payable 237,500$
Note 12 - Net Assets With Donor Restrictions
Net assets with donor restrictions activity for the year ended December 31, 2020, is as follows:
Beginning Ending
Donor and restriction:Balance Received Released Balance New Life Community Church of the Nazarene
for 100 S. 4th Street 2,500$ -$ -$ 2,500$
California Fine Wine for 100 S. 4th Street 5,000 -- 5,000 Total 7,500$ -$ -$ 7,500$
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
15 Note 13 - Special Events
5CHC held four special events during 2020 as detailed below. Special event revenue excludes contributions generated by the events which totaled an additional $10,126, presented in individual contributions on the accompanying statement of activities.
Event Direct Net
Special events:Revenue Costs Income
Empty Bowls 43,570$ 6,533$ 37,037$
Fin's Fiesta and Fin's Giving Tuesday 20,547 806 19,741 Hope for Homeless Golf Tour 14,997 1,153 13,844 Total special events 79,114$ 8,492$ 70,622$
Note 14 - Contributions In-kind
5CHC received in-kind contributions from many donors during the year ended December 31, 2020 as listed below.
In-kind contribution:Amount
Special events auction items and supplies 55,504$
Donated stocks (see Note 8 for details)8,311
Warming Center blankets and other items 5,606
Other program supplies 60,269
Operating supplies 2,267
Total in-kind contributions income 131,957
Less donated stocks capitalized as investments (8,311)
Total in-kind contributions expense 123,646$
In addition to the above in-kind contributions, 141 volunteers provided 1,750 hours of work valued at $52,413 for the year ended December 31, 2020. These services did not meet the criteria for recognition in these financial statements as described in Note 2.
Note 15 - Revenue from Contracts
Disaggregation of revenue
5CHC is awarded contracts from local government agencies for provision of services to individuals and families who are homeless, are facing homelessness, or require support to remain housed in south San Luis Obispo County. Support, such as grants and contributions, are received and recorded as income when received since they are not contracts with performance obligations.
Type of income:Amount % of Total
Contracts 791,481$ 52.21%
Grants and contributions 653,829 43.13%
Other revenue 70,560 4.66%
Total support and revenue 1,515,870$ 100.00%
Grant receivables
Grant receivables on the accompanying statement of financial position records amounts owed for contracts that are either not yet completed or not yet paid for in full. Grant receivables for 2020 are as follows:
Grant receivables beginning balance 159,868$
Grant receivables ending balance 420,666
Amount of change 260,798
Percent change 163%
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
16 Note 15 - Revenue from Contracts (continued)
Deferred revenue
All of the revenue deferred received last year for unearned contract revenue was earned in 2020 as follows:
Beginning Ending
Balance Received Earned Balance
Deferred revenue from contracts 38,604$ 90,711$ (38,604)$ 90,711$ See Note 9 for deferred revenue detail.
Performance obligations
Contracts generally run for one fiscal year, some longer. All contracts are invoiced to funders as services are provided and revenue is earned, typically on a monthly basis. Contract revenue that has not been recognized at December 31, 2020 was approximately $2,123,026. Of these remaining performance obligations, 5CHC expects to recognize revenue of 57% of this balance over the next twelve months and 43% thereafter.
Other revenue and cost of revenue
Other revenue is primarily special events revenue as detailed in Note 13 along with direct costs of special events.
The remaining revenue is interest income and investment loss.
Note 16 - Operating Leases
5CHC leases office and Warming Center space under operating leases that mature in 2021. Rent Expense for the year ended December 31, 2020 totaled $56,933 for these leases as presented in the accompanying state- ment of functional expenses. Future lease maturities total $16,306 to be paid for rent in 2021, with $4,306 due for office rent and $12,000 for Warming Center rent.
Note 17 - Concentrations of Risk
Amounts held in financial institutions may at times be in excess of the Federal Deposit Insurance Corporation and Securities Investor Protection Corporation limits during the year. 5CHC deposits its cash with high quality financial institutions and management believes 5CHC is not exposed to significant credit risk on those amounts.
The majority of 5CHC's grants and contracts are received from governmental agencies and foundations. As such, 5CHC's ability to generate resources via grants and contributions is dependent upon the economic health of the governmental agencies and area foundations. An economic downturn could cause a decrease in grants and contributions that coincides with an increase in demand for 5CHC's services.
Note 18 - Commitments
5CHC has a contract with a construction company for roof, windows, and renovations to its building at 100 S. 4th Street for $50,134. The contract balance at December 31, 2020 was $27,145. Of this amount $12,459 is accrued as accounts payable and $14,686 will be completed in 2021.
Note 19 - Prior Period Adjustments
Prior period adjustments were necessary to correct the beginning balance of net assets including restricted contributions recorded as restricted net assets and as unrestricted deferred revenue, plus the omission of 2019 accruals such as prepaid health insurance, accrued wages and paid-time off. Adjustments to the beginning balance of net assets for these prior year accruals are detailed in the following schedule:
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
17 Note 19 - Prior Period Adjustments (continued)
Prior period adjustments:Unrestricted Restricted Total
Net assets beginning balance at January 1, 2020 971,297$ 7,500$ 978,797$ Reclass restricted net assets from
deferred revenue at year-end 2019 7,500 - 7,500 Record January 2020 health insurance as
prepaid expenses at year-end 2019 2,068 - 2,068 Record accrued wages at year-end 2019 (14,988) - (14,988) Record paid time off at year-end 2019 (4,502) - (4,502) Total prior period adjustments (9,922) - (9,922) Net assets beginning balance, restated 961,375$ 7,500$ 968,875$ Note 20 - Subsequent Events
Funding
The following grants and contracts were awarded or renewed by 5CHC's current funders for one or more fiscal years beginning after December 31, 2020:
Contracts Amount
CAPSLO for various programs 507,811$
City of Grover Beach, Community Development Block Grant 187,301 San Luis Obispo County, various programs 1,332,003
Good Samaritan, Supportive Services for Veterans Families 31,023 Local Initiatives Support Corp., Emergency Rental Assistance 88,936 Total contracts 2,147,074
Grants
Bank of America 10,000
Bank of the Sierra, COVID-19 9,719
Central Coast Funds for Children 3,000
Community Foundation of San Luis Obispo County 62,269
City of Arroyo Grande 444
City of Pismo Beach 15,000
San Luis Obispo County 21,411
Emergency Food and Shelter Program 7,739
Hoag Foundation 8,750
Subtotal grants 138,332
Total contracts and grants 2,285,406$
Bank Line of Credit
Mechanics Bank line of credit was renewed in September 2020. The line maximum borrowing amount remains $125,000, at prime plus 2.75% or 6% initial rate, matures on July 9, 2022 and is secured by all assets of 5CHC.
Notes Payable
The SBA Paycheck Protection Program loan of $87,500 through Mechanics Bank was forgiven in full on March 24, 2021 including accrued interest totaling $812. The loan forgiveness changes the notes payable maturity schedule presented in Note 11 to the following amounts for the EIDL loan only. The negative amount due in 2021 occurred because loan payments do not begin until September 2021 while interest accrued from September 2020 and was added to principal (negative net payments). 5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
Net Assets
18 Note 20 - Subsequent Events (continued)
Notes Payable (continued)
Revised notes payable maturities are as follows:
Year ending December 31,Amount
2021 (2,667)$
2022 3,538
2023 3,637
2024 3,738
2025 3,949
Thereafter 137,805
Total Notes payable 150,000$
5CITIES HOMELESS COALITION, INC.
GROVER BEACH, CALIFORNIA
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended December 31, 2020
19 Case management and financial assistance for deposit, rent and immediate needs for those who are homeless or facing homelessness.
Permanently Housed
This Month: 7
Rapid Rehousing
Year to Date: 28
Average Amount
Spent on Deposit:
$3,258
CA COVID-19 Rent Relief
Applications: 16
Applications Submitted Since
Program Start: 175
Average Amount of
Assistance Received:
$9,131.00
Total Number of
Calls Received:
622
Total Number of
Walk-ins:
152
Households with
Children: 13
Households
without children: 23
Number of Coordinated
Entry Surveys: 36
21 53
Single-Parent
Households:Seniors (62+): Disabled:
Youth
(under 25):Veterans:
10 6 25 3 0
Rapid Re-Housing and Homeless Prevention Programs
Information & Coordinated Entry
5Cities Homeless Coalition
March 2022 Program Report
Assistance begins with a Coordinated Entry Intake, a service utilized by Homeless Service Providers throughout the County that provides a standardized assessment to ensure a consistent, streamlined experience for those seeking services. Clients complete a comprehensive needs assessment, identify barriers to employment or housing, and develop an immediate action plan. Those visiting 5CHC’s offices are provided access to computer, internet, phone charging, mailing address, food, and hygiene supplies.
Homeless Youth
Outreach and case management targeting homeless youth age 16-24, providing support for immediate needs, education and job development, and housing assistance. Program is offered in partnership with Dignity Health, Good Samaritan Shelter, and Lucia Mar Unified School District, Police Departments of Arroyo Grande and Grover Beach. 19 New
Contacts
Made
This
Month
Total # of
Case
Managed
Youth
Youth Who
Gained New
Housing,
Employment,
Benefits, or
Education
Youth
Employed
or in
School
CA COVID-19 Rent Relief Program Closing March 31, 2022
New Benefits
Cases
1 New Benefits
Awarded
1 Cases Opened on
Behalf of Medically
Fragile
1 Outreach Efforts:
5CHC staff conducts outreach to ensure the health and safety of individuals and families living in local encampments. 5CHC works with law enforcement, County Public Health, and others to conduct health checks and provide food, hygiene, and access to case management.
This month, we targeted Grover Beach, Nipomo, and Santa Maria.
Immediate Needs:
Assists homeless and low-income families and individuals in the Five Cities area with limited funds to address their immediate needs, and move them to self–sufficiency. Helping families overcome a one-time barrier can enable them to move toward self-sufficiency, stability, and economic improvement. Examples of assistance include gasoline, clothing, employment readiness, detox/sober living, basic needs, etc. Average amount spent per client: $368.08 Benefits Advocacy/Medically Fragile Clients:
5CHC clients are offered guidance in attaining public benefits, including SSI, Cal Fresh, etc. Housing clients are also encouraged to participate in financial literacy and budgeting training. Our work with medically fragile clients is aimed at improving discharge planning and case management with Arroyo Grande Community Hospital.
Winter Warming Center
5CHC operates an overnight warming center to provide a safe, warm, and dry place for homeless adults to find shelter on nights with forecasted lows below 38°F, or especially stormy weather (with rain forecast at 50% or greater). Funding is made available by the City of Grover Beach Community Development Block Grants, and additional funds from the County of San Luis Obispo, and Cities of Arroyo Grande and Pismo Beach.
News & Happenings
Individuals Connected to Resources
This Month Through Outreach
5CHC has been hard at work over the last year helping eligible tenants who experienced financial hardship as a result of COVID-19 to submit applications for rental assistance through the State's COVID-19 Rent Relief Program. With the program coming to a close as of March 31, 2022, 5CHC made a final push to help all eligible tenants apply and assisted over 80 callers with application questions and submittals. 26 Nights Open
in March
2 Families with
Children
0 Avg. # of
Guests This
Season7
# of 1st Time
Guests
24 San Luis Obispo County
225 Prado Road, Suite A
San Luis Obispo, CA 93401
(805) 543-0696
(805) 544-1921 FAX
www.redcross.org/sanluisobispo
May 4, 2022
James R. Lewis
City Manager
City of Pismo Beach
760 Mattie Road
Pismo Beach, CA 93449
Dear James,
Many thanks to you and the Pismo Beach City Council for your important and ongoing financial support provided to the local American Red Cross.
We respectfully request continued funding in the amount of $5,000. The purpose of the funding is to provide support for ongoing Red Cross services to be available 365 days a year to the residents and visitors of the City of Pismo Beach.
The American Red Cross began serving San Luis Obispo County as an official chapter of the Red Cross in 1917. We have a proud and long history of serving people throughout the county, including your City of Pismo Beach residents. The mission of the Red Cross is to prevent and alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.
The work our small staff and dedicated volunteers do to achieve our mission is outlined below:
• Each year in San Luis Obispo County we assist individuals and families that are affected by fires, floods and other disasters that impact their ability to live in their homes. • We provide financial assistance, temporary housing through local hotels, counseling, and other key services in the first few critical days after the disaster. • We provide free preparedness education for children and adults throughout the County. • We train people in lifesaving skills like first-aid, CPR, and aquatics. • And, we interact with all branches of the armed services providing a variety of services including emergency reporting and communication between service members and their families.
Your contribution to the American Red Cross benefits the City and all residents of Pismo Beach by keeping them safe and ensuring their most basic needs are met in the event of a personal emergency or a large disaster. As a popular tourist destination, it is also important to know that in the event of
a hotel fire or a major disaster, of any kind, trained Red Cross volunteers will be there to aid Pismo Beach visitors along with the rest of your community members.
If the residents or visitors of the City of Pismo Beach need the Red Cross we will be there, thanks to your ongoing support. This is a significant benefit to Pismo Beach and aligns with your focus on safety in the city.
Thank you very much for your past support, and for considering this current request. Please feel free to contact me if you have any questions about the Red Cross or specifically about our role in emergency situations for disasters both great and small.
With best regards,
Anne
Anne Kratz
Regional Philanthropy Officer
805-689-9079
[email protected]
Additional Attachment: Audited Financial Statement
THE AMERICAN NATIONAL RED CROSS
Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) (With Independent Auditors' Report Thereon)
KPMG LLP
Suite 900
8350 Broad Street
McLean, VA 22102
Independent Auditors' Report
The Board of Governors
The American National Red Cross:
Report on the Financial Statements
We have audited the accompanying consolidated financial statements of The American National Red Cross (the Organization), which comprise the consolidated statement of financial position as of June 30, 2021, and the related consolidated statements of activities, functional expenses, and cash flows for the year then ended and the related notes to the consolidated financial statements.
Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with U.S. generally accepted accounting principles; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.
Auditors' Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America.
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the organization's preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the organization's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of The American National Red Cross as of June 30, 2021, and the changes in their net assets and their cash flows for the year then ended, in accordance with U.S. generally accepted accounting principles.
Report on Summarized Comparative Information
We have previously audited The American National Red Cross' 2020 consolidated financial statements, and we expressed an unmodified audit opinion on those audited consolidated financial statements in our report dated October 21, 2020. In our opinion, the summarized comparative information presented herein as of and for the year ended June 30, 2020 is consistent, in all material respects, with the audited consolidated financial statements from which it has been derived.
McLean, Virginia
October 28, 2021
1‹"Plt/(G LEP
2 THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Financial Position
June 30, 2021
(With comparative information as of June 30, 2020)
(In thousands)
Assets
2021 2020
Current assets:
Cash and cash equivalents $ 205,148 235,415
Investments (note 4) 562,450 348,443
Trade receivables, including grants, net of allowance for doubtful accounts of $2,155 in 2021 and $1,700 in 2020 (note 11) 226,657 286,464
Contributions receivable (note 2) 26,089 34,368
Inventories, net of allowance for obsolescence of $87 in 2021 and $180 in 2020 47,394 46,998 Other current assets 50,231 50,989
Total current assets
1,117,969 1,002.677
Noncurrent assets:
Investments (note 4) 1,329,448 1,087,477
Contributions receivable (note 2) 13,939 14,191
Right -of -use assets -operating leases (note 6) 121,765 114,474 Land, buildings, and other property, net (note 3) 728,858 755,519 Assets held for sale. net (note 3) 33.602 30,960
Other assets (note 9) 322,919 261,601
Total noncurrent assets
Total assets
Liabilities and Net Assets
Current liabilities:
Accounts payable and accrued expenses
Current portion of debt (note 5)
Current portion of lease obligation -operating (note 6) Postretirement benefits (note 10)
Other current liabilities (notes 9 and 11)
Total current liabilities
Noncurrent liabilities:
Debt (note 5)
Long-term lease obligation -operating (note 6)
Pension and postretirement benefits (note 10)
Other liabilities (notes 5 and 9)
Total noncurrent liabilities
Total liabilities
Net assets (notes 7 and 8):
Without donor restrictions net assets
With donor restrictions net assets
2,550,531 2,264,222
$ 3:668,500 3.266,899
$ 299,798 253,123
19,169 41,265
25.214 22,689
3,731 3,779
146,439 145,970
494,351 466,826
383,420
109,971
167,317
145,054
596.132
104,096
155.924
131,706
805,762 987.858
1.300,113 1,454,684
710,028
1,658,359
390,796
1,421,419
Total net assets 2.368,387 1,812,215
Commitments and contingencies (notes 4, 5, 6, 10, 11)
Total liabilities and net assets $ 3.668.500 3,266,899
See accompanying notes to consolidated financial statements. 3 THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Activities
Year ended June 30, 2021
(With summarized information for the year ended June 30, 2020) (In thousands)
Without With
donor donor Totals
restrictions restrictions 2021 2020
Operating revenues and gains:
Contributions:
Corporate, foundation and individual giving $ 218,178 311,227 529,405 564,888 United Way and other federated 518 23,201 23.719 33,521 Contracts, including federal government 17,237 163,580 180.817 128,137 Legacies and bequests 70,504 30,408 100,912 125,702
Services and materials 15,522 39,574 55,096 84,058
Products and services:
Biomedical Services 1,883,815 - 1,883,815 1,731,504
Program materials 115,800 - 115,800 108,514
Investment return, net (note 4) 3,372 60,552 63,924 44,551 Other revenues 177,119 37 177,156 86,511
Net assets released from restrictions 658,746 (658,746) - - Total operating revenues and gains
3.160.811 (30,167)
3,130.644 2,907,386
Operating expenses:
Program services:
Services to the Armed Forces 55,201 - 55,201 65,317
Biomedical Services 1,834,750 - 1,834,750 1,766,661
Community Services 22,995 - 22,995 24,888
Domestic Disaster Services 503,552 - 503,552 427,587
Training Services 102,394 - 102,394 122,854
International Relief and Development Services 69,105 - 69,105 82.053 Total program services 2.587,997 - 2,587.997 2,489,360
Supporting services:
Fundraising
Management and general
Total supporting services
165,392 - 165,392 172,690
83,097 - 83,097 89,535
248,489 - 248.489 262,225
Total operating expenses 2,836,486 - 2,836,486 2,751,585 Change in net assets from operations 324,325 (30,167) 294,158 155,801 Nonoperating investment return, net (note 4) 10,603 267,107 277,710 2,416 Pension -related changes other than net periodic
benefit cost (note 10) (15,696) (15,696) 211,834
Change in net assets 319,232 236,940 556,172 370,051
Net assets, beginning of year 390,796 1,421,419 1,812,215 1,442,164 Net assets. end of year $ 710,028 1,658,359 2,368.387 1,812,215 See accompanying notes to consolidated financial statements. 4 THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Functional Expenses
Year ended June 30. 2021
(With summarized information for the year ended June 30, 2020) (In thousands)
Salaries and wages
Employee benefits
Subtotal
Travel and maintenance
Equipment maintenance and rental
Supplies and materials
Contractual services
Financial and material assistance
Depreciation and amortization
Total expenses
Salaries and wages
Employee benefits
Subtotal
Travel and maintenance
Equipment maintenance and rental
Supplies and materials
Contractual services
Financial and material assistance
Depreciation and amortization
Total expenses
See accompanying notes to the consolidated financial statements.
Program services
Services to the
Armed Forces
S 29,390
7,568
36,958
155
299
1,293
7,876
6,976
1,644
S 55.201
Fundraising
S 83,797
20,778
Biomedical Community
Services Services
739.818 10,473
188,683 2,718
928.501 13,191
16.204 17
46.752 508
258,110 841
525.969 3,983
2,160 3,287
57,054 1,168
1,834.750 22,995
Supporting services
Management
and
general
Domestic
Disaster
Services
Training
Services
119,996 39,745
31.033 10,135
151.029 49,880
17,297 883
8.953 744
4,191 12.387
65,341 34,682
244,211 725
12,530 3.093
503.552 102,394
Total
supporting Total expenses
services 2021 2020
41.866 125,663 1,077.306 1.105.500
10.709 31,487 274,742 254,018
104,575 52.575 157,150 1,352.048 1.359,518
136 54 190 35,114 52,680
884 2,487 3,371 61,023 61,942
1,553 382 1.935 279,184 246.239
52,536 26.099 78,635 719,709 672.395
293 414 707 307,336 273,571
5.415 1,086 6.501 82,072 85.240
$ 165,392
83.097 248,489 2,836.486 2.751,585
International
Relief and
Development
Services
Total
program
services
12,221 951.643
3,118 243,255
15,339 1.194,898
368 34,924
396 57,652
427 277,249
3,223 641.074
49.270 306,629
82 75,571
69.105 2.587,997
5 THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Cash Flows
Year ended June 30, 2021
(With comparative information for the year ended June 30, 2020) (In thousands)
2021 2020
Cash flows from operating activities:
Change in net assets $ 556,172 370,051
Adjustments to reconcile change in net assets to net cash (used in) provided by operating activities:
Depreciation and amortization 82,072 85,240
Amortization of right -of -use assets -operating leases 31,748 32,760 Provision for doubtful accounts receivable 1,252 (1,725) Provision for obsolete inventories (93) 2
Net gains on sales of property (9,091) (10,831)
Net investment returns and derivatives gains (223,116) (8,260) Pension and postretirement-related changes other than net periodic benefit costs 15,696 (211,834)
Donor -restricted contributions (28,014) (24,588)
Changes in operating assets and liabilities:
Receivables 67,086 (90,489)
Inventories (303) (8,200)
Other assets (60,560) (7,655)
Accounts payable and accrued expenses 46,675 (11,697)
Decrease in operating lease liability obligations (30,639) (32,781) Other liabilities 9,795 28,556
Pension and postretirement benefits (4,351) (127.449)
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Purchases of property
Proceeds from sales of property
Proceeds from properties held for sale
Purchases of investments
Proceeds from sales of investments
454,329 (18,900)
(66,134)
8.311
8.861
(245,507)
16.667
(49,599)
5,272
17,685
(35.283)
134,495
Net cash (used in) provided by investing activities (277,802) 72,570 Cash flows from financing activities:
Donor -restricted contributions 28,014 24,588
Proceeds from borrowings — 100,000
Repayment of debt (234,808) (43,944)
Net cash (used in) provided by financing activities (206,794) 80,644 Net (decrease) increase in cash and cash equivalents (30,267) 134,314 Cash and cash equivalents. beginning of year 235.415 101,101 Cash and cash equivalents, end of year $ 205,148 235,415 Supplemental disclosure of cash flow information:
Cash paid during the year for interest $ 25,406 29,093
See accompanying notes to consolidated financial statements. 6 THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Summary of Significant Accounting Policies
(a) Organization and Basis of Presentation
The American National Red Cross (the Organization) was established by an Act of the United States Congress on January 5, 1905 for the primary purposes of furnishing volunteer aid to the sick and wounded of the Armed Forces in time of war and to carry on a system of national and international relief in time of peace to mitigate the suffering caused by fire, famine, floods and other great natural calamities. The mission of the Organization has expanded since that time to help people prevent, prepare for, and respond to emergencies.
In March 2020, the World Health Organization declared the novel coronavirus (COVID-19) a pandemic impacting social interaction, travel, economies, and financial markets. The Organization has implemented extensive measures to protect the health and safety of its employees, volunteers, clients and communities and continues to adapt day to day operations and processes to safely carry out its mission. The American National Red Cross continues to monitor and assess the implications to its business, and take necessary actions to mitigate potential adverse consequences.
The accompanying consolidated financial statements present the consolidated financial position and changes in net assets, functional expenses and cash flows of the Organization. The Organization has national and international programs that are conducted by its headquarters, biomedical services, and chartered local chapters. Also, included in the consolidated financial statements are the net assets and operations of Boardman Indemnity Ltd., a 100% owned captive insurance subsidiary (through June 30, 2021) and ARC Receivables Company, LLC, a wholly owned bankruptcy -remote special purpose entity. All significant intra-organizational accounts and transactions have been eliminated.
Program activities include services to the Armed Forces, biomedical services, community services, disaster services, training services, and international relief and development services. Biomedical services include activities associated with the collection, processing, testing, and distribution of whole blood and components at 36 local blood services region operations, a biomedical research facility, and related national support functions.
Net assets, revenues, gains, and losses are classified based on the existence or absence of donor -imposed restrictions. Accordingly, the net assets of the Organization and changes therein are classified and reported as follows:
Without Donor Restrictions — Net assets that are not subject to any donor -imposed stipulations.
With Donor Restrictions — Net assets subject to donor -imposed restrictions on their use that may be met either by actions of the Organization or the passage of time or other legal restrictions requiring that the principal be maintained permanently by the Organization. Generally, the donors permit the Organization to use all or part of the income earned for either general or donor -specified purposes.
7 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) (b) Measure of Operations
The Organization's measure of operations as presented in the consolidated statement of activities includes operating revenue from contributions, product and services, contracts, investment returns made available for current use, and other revenues. The measure of operations includes support for operating activities from both donor -restricted and without donor restrictions sources. Nonoperating activities primarily include pension -related gains other than net periodic benefit cost, and changes in the fair value of investments.
(c) Summarized Comparative Information
The consolidated financial statements are presented with certain prior year summarized comparative information. Such information does not include sufficient detail to constitute a presentation in conformity with U.S. generally accepted accounting principles. Accordingly, such information should be read in conjunction with the Organization's consolidated financial statements for the year ended June 30, 2020 from which the summarized information was derived.
(d) Use of Estimates
The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements. Estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses. Actual results could differ from management's estimates. (e) Cash Equivalents
The Organization considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash equivalents consist of money market mutual funds and overnight investments of approximately S193 million and $220 million as of June 30, 2021 and 2020, respectively. Cash and cash equivalents that are held as part of the investment portfolio purchased with donor -restricted contributions are reported within investments. (t)
Investments
Investments are reported at fair value except for certain alternative investment funds that, as a practical expedient, are reported at estimated fair value utilizing net asset values (NAVs). Net asset value, in some instances may not equal the fair value. The Organization does not intend to sell any of the funds at an amount different from net asset value per share at June 30, 2021. The Organization reviews and evaluates the net asset values provided by the general partners and fund managers and agrees with the valuation methods and assumptions used in determining net asset values of these funds.
Investment income classified as operating revenue consists of interest and dividend income on investments and spending approved for use in operations (note 4). All other realized and unrealized gains or losses are classified as nonoperating activities and are available to support operations in future years and to offset potential market declines.
8 (Continued)
(g)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Investments classified as current investments made by the Organization are expected to be converted into cash within one year.
Investment management fees are netted against investment returns.
Derivative Financial Instruments
The Organization makes use of derivative financial instruments in order to take exposure or mitigate certain risks. Derivative financial instruments are recorded at fair value (notes 4, 5, and 10). Derivatives in an asset and liability position are offset against each other and reported net in investments in the statement of financial position.
(h) Endowment Fund
The Organization has maintained a national endowment fund since 1905. From 1910 until June 30, 2015, any gift to the American Red Cross National Headquarters from a will, trust, or similar instrument that did not direct the use of the funds was deposited into the endowment fund, recorded as net assets with donor restrictions to be kept and invested in perpetuity and, accordingly, reported as net assets with donor restrictions. In fiscal year 2015, the Organization adopted a new policy that gifts to the American Red Cross National Headquarters from a will, trust, or similar instrument dated on or after July 1, 2015 without a direction to the application or purpose of the funds shall be allocated at the discretion of senior management to where the need is greatest. Such amounts will be reported as increases to net assets without donor restrictions. All gifts to the American Red Cross National Headquarters that are designated to be invested in perpetuity shall continue to be deposited into the endowment fund regardless of the date of the gift instrument. (i)
(i)
Inventories
Inventories of supplies purchased for use in program and supporting services are valued using the average cost method. Whole blood and its components are valued at the lower of average cost or net realizable value.
Land, Buildings, and Other Property
Purchases of land, buildings, and other property having a unit cost per established guidelines and a useful life of three or more years are capitalized at cost. Donated assets are capitalized at the estimated fair value at date of receipt. Interest expense incurred during a period of construction, less related interest income earned on proceeds of tax -exempt -borrowings is capitalized.
Property under finance leases is amortized over the lease term. Any gain or loss on the sale of land, buildings and other property is reported as other revenues on the consolidated statement of activities.
Application development costs incurred to develop internal use -software are capitalized and amortized over the expected useful life of the software application. Activities that are considered application development include design of software configuration and interfaces, coding, installation of hardware, and testing. All other expenses incurred to develop internal use software are expensed as incurred. 9 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows:
Class of property
Buildings
Building improvements
Equipment and software
Useful life
in years
45 10
3-15
(k) Long-lived Assets
Long-lived assets, such as land, building, and other property, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If circumstances require a long-lived asset be tested for possible impairment, the Organization first compares undiscounted cash flows expected to be generated by an asset to the carrying value of the asset. If the carrying value of the Tong -lived asset is not recoverable on an undiscounted cash flow basis, an impairment loss is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques, including discounted cash flow models, quoted market values, and third -party independent appraisals, as considered necessary.
(1) Leases
The Organization determines if a contract is a leasing arrangement and the classification of that lease, if applicable, at inception. Operating lease assets represent the right to control the use of an identified asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. For operating leases, the Organization uses the risk -free rate of return. The Organization recognizes operating lease expense for operating leases on a straight-line basis over the lease term.
The Organization leases office space and equipment under noncancelable operating leases which may include renewal or termination options that are reasonably certain of exercise. Most leases include one or more options to renew, with renewal terms that can extend the lease term up to seven years. Leases with an initial term of 12 months or less are not recorded on the balance sheet and are expensed on a straight-line basis. Lease and non -lease components are accounted for together as a single lease component for operating leases associated with office space and equipment leases. 10 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) (m) Property and Casualty Insurance
The Organization maintains various insurance policies under which it assumes a portion of each insured loss. During fiscal years 2021 and 2020, assumed losses were retained by the Organization through its wholly owned insurance subsidiary, Boardman Indemnity, Ltd (Boardman). On June 30, 2021, the Organization dissolved Boardman Indemnity Ltd. and continues to be self -insured without the captive structure. The Organization also purchases insurance to supplement the self -insured coverage.
The liabilities for outstanding losses and incurred but not reported claims have been determined based on actuarial studies and are reported as other liabilities in the consolidated statement of financial position and were approximately $75 million and $76 million as of June 30, 2021 and 2020, respectively.
(n) Revenue Recognition
(i) Contribution Revenue
Contributions, which include unconditional promises to give (pledges), are recognized as revenues in the period received or promised. Contributions receivable due beyond one year are stated at net present value of the estimated cash flows using a risk adjusted -rate. Conditional contributions are recorded when the conditions have been met. Contributions are considered to be without donor restrictions unless specifically restricted by the donor for time or purpose.
The Organization reports contributions in the donor restricted net asset class if they are received with donor stipulations as to their use and/or time. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, net assets with donor restriction are released and reclassified to net assets without donor restriction in the consolidated statement of activities.
Donor restricted -contributions are initially reported as net assets with donor restrictions, even if it is anticipated such restrictions will be met in the current reporting period, except for conditional grants discussed in note (1)(n)(v).
(ii) Revenue from Contracts with Customers
Revenue is recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Organization expects to be entitled to in exchange for those goods or services. Revenue from contracts with customers is disaggregated between Biomedical and Program Materials on the consolidated statement of activities. (iii) Biomedical Revenues
Biomedical provides goods (blood products for hospitals) and services (blood testing) under single contracts with customers with multiple performance obligations. Blood products sold fall under two main categories — Whole Blood Products, which include red cells, plasma, and platelets; and Apheresis Platelet Products, which are the result of donated specific blood components. Testing services are performed over all products prior to the sale and delivery of the products. Because the blood products and blood testing services are not capable of being distinct, the products and services are treated as a bundled performance obligation. 11 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) For products, the performance obligation is satisfied when the customer gains control over the promised asset, which is generally at the time of shipment based on the contractual terms with the customers. Blood products have a limited shelf life, therefore, any associated refunds or discounts, which historically have not been material, are generally recognized in the same accounting period in which the initial revenue is recognized.
For services, the service has been substantially performed and the obligation met at the point in time at which the service is completed. Services are invoiced once the regulated testing process is complete and documentation is sent to the customer.
Performance obligations for blood products and blood testing services are generally satisfied within 30 days, and therefore, there is no substantial difference in revenue recognition based on bundled performance obligations.
The expected length of time between when Organization transfers the promised goods or services to the customer and when the customer pays for those goods or services is 30 days. Generally, there is no difference between the amount of consideration promised and the cash selling price of the blood products and services.
(iv) Program Materials Revenue
The organization provides various health and safety preparedness classes and certifications including CPR, first aid, AED skills, swimming and water safety, Iifeguarding, caregiving skills, and certified nurse assistant (CNA) training and testing. Revenue generated by these training services is included in Program Materials on the consolidated statement of activities.
Program Materials, which consist primarily of training services, performance obligations are satisfied at the point in time at which the training is complete and certification is provided. Revenue is recognized upon completion of distinct performance obligations in the same accounting period in which each specific performance obligation is met. The transaction price is determined for each contract using the standalone selling price and applied to each performance obligation as completed.
(v) Other Revenue
Revenue from grants and contracts, including federal grants, that are considered to be conditional contributions are recorded in the statement of activities under Contracts, including federal government within the contribution section and are recognized as qualifying expenses are incurred under the agreement. The Organization adopted the simultaneous release option for donor restricted -conditional grants that are recognized and used within the same reporting period; therefore, these amounts are reported as without donor restriction. 12 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Gains and losses on investments and other assets and liabilities are reported as increases or decreases in net assets without donor restriction unless their use is restricted by explicit donor stipulation or by law.
(o) Contributed Services and Materials
Contributed services reflect the important impact volunteers have in delivering the Organization's mission. Contributed services are reported at fair value in the financial statements for voluntary donations of services when those services (1) create or enhance nonfinancial assets or (2) require specialized skills provided by individuals possessing those skills and are services, which would be typically purchased if not provided by donation.
The Organization engages more than 300,000 volunteers. A small percentage of these volunteers meet the above criteria and are reported in contributed services. Contributed services for the year ended June 30, 2021 include the services of approximately 9,562 volunteers. The Organization recorded contributed services revenue and related expense of approximately $38 million. The $38 million and $34 million recorded in 2021 and 2020, respectively, represent primarily volunteer efforts in support of disaster services and services to the Armed Forces.
(p)
(p)
Contributed materials are recorded at their fair value at the date of the gift. Gifts of long-lived assets are recorded as restricted support. This restriction is released ratably over the useful life of the asset.
Income Taxes
The American National Red Cross is a not -for -profit -organization incorporated by the U.S. Congress through the issuance of a federal charter. The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. At June 30, 2021 and 2020, the Organization has determined that no income taxes are due for such activities. Accordingly, no provision for income taxes has been recorded in the accompanying financial statements. Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the consolidated financial statements.
Accounts Receivable Securitization
The Organization has an accounts receivable securitization program that is accounted under Accounting Standards Codification (ASC) Topic 860, Transfers and Servicing (note 11). 13 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) (2) Contributions Receivable
The Organization anticipates collection of outstanding contributions receivable as follows at June 30, 2021 and 2020 (in thousands):
2021 2020
Amounts receivable within one year S 29,035 36,516
Amounts receivable in 1 to 5 years (net of discount of $1,220 and S1,355 for 2021 and 2020, respectively) 13,939 14,191 Total contributions receivable before allowance
for uncollectible amounts
42,974 50,707
Less allowance for uncollectible amounts (2,946) (2,148) Contributions receivable, net 40,028 48,559
Less current portion 26,089 34,368
Contributions receivable, net, noncurrent $ 13,939 14,191 Amounts presented above have been discounted to present value using various discount rates ranging between 0.04% and 3.15%.
As of June 30, 2021, the Organization received conditional grants totaling S175 million. These grants are conditional based on incurring qualifying expenses and will be recognized as revenue in the periods in which the conditions are fulfilled.
(3) Land, Buildings, and Other Property
The cost and accumulated depreciation of land, buildings, and other property were as follows at June 30, 2021 and 2020 (in thousands):
2021 2020
Land $ 86,389 88,593
Buildings and improvements 1,050,934 1,053,572
Equipment and software 477,387 550,241
Total cost of assets placed in service
Less accumulated depreciation and amortization
Construction in progress
Land, buildings, and other property. net
1,614,710 1,692,406
(899.559)
13,707
728,858
(946,095)
9,208
755.519
14 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Assets held for sale were as follows at June 30, 2021 and 2020 (in thousands):
Land
Buildings and improvements
2021 2020
$ 12,898
43,664
Total cost of assets held for sale 56,562
Less accumulated depreciation and amortization (22,960) Assets held for sale, net $ 33,602
11,819
32,287
44,106
(13,146)
30,960
These assets have been segregated from land, buildings, and other property and presented as assets held for sale within the accompanying consolidated financial statements. The Organization identified these assets as not critical to supporting its primary mission as part of ongoing assessment procedures. The Organization then evaluated the identified assets using the criteria for classification as held for sale included in ASC 360-10, Impairment and Disposal of Long -Lived Assets. Certain assets or portions of assets identified were determined to meet the criteria and have been classified as such. The carrying value of these assets has been compared to the current appraised values less cost to sell and determined not to be impaired. During fiscal year ended June 30, 2021. the gain on the buildings and improvements assets held for sale was approximately $4 million. which is included in other revenue on the consolidated statement of activities.
(4) Investments and Fair Value Measurements
The Organization applies the provisions of ASC No. 820, Fair Value Measurements, for fair value measurements of investments that are recognized and disclosed at fair value in the financial statements on a recurring basis. ASC No. 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC Topic 820 also establishes a fair value hierarchy that requires the Organization to maximize the use of observable inputs when measuring fair value. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Organization's market assumptions. The three levels of the fair value hierarchy are as follows:
• Level 1 — Quoted prices for identical assets or liabilities in active markets • Level 2 — Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; or market -corroborated inputs • Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
15 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) In certain cases, the inputs to measure fair value may result in an asset or liability falling into more than one level of the fair value hierarchy. In such cases, the determination of the classification of an asset or liability within the fair value hierarchy is based on the least determinate input that is significant to the fair value measurement.
For the years ended June 30, 2021 and 2020, there were no transfers between levels.
The Organization's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.
As of January 1, 2018, the Organization acquired 40% interest in Creative Testing Solutions. As of February 13, 2020, the Organization acquired 50% interest in ARC -One Solutions, LLC. These investments are accounted for using the equity method and are reflected in long-term investments on the Organization's consolidated statement of financial position. The balance at June 30, 2021 reflects the original contribution as well as the Organization's share of the earnings of the investee. Earnings were approximately $16 million for the period ended June 30, 2021 and are reflected in other revenue on the consolidated statement of activities.
The following table represents investments that are measured at fair value on a recurring basis and other investments at June 30, 2021 (in thousands):
June 30, Measured at
2021 Level1 Level2 Level3 NAV(1)
Fixed -income commingled funds $ 24,244 — 24,244 — —
U.S. government and sovereign
securities 90,839 — 90,839 — —
Common and preferred stocks 2,674 2,674 — — —
Exchange -traded funds 161,951 161,951 — — —
Equity commingled funds 98,397 13.452 22,281 — 62,664
Hedge funds 424,292 — — — 424,292
Private equity and debt 249,877 — — — 249,877
Real estate and real assets 2,279 — — — 2,279
Derivative contracts 12,883 50 12,833 — —
Cash equivalents 771,686 1.520 770,166 — —
Investments stated at
fair value
1,839,122 $ 179,647 920,363 — 739,112
Equity method investments 52,776
Total investments S 1,891,898
16 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The following table represents investments that are measured at fair value on a recurring basis and other investments at June 30, 2020 (in thousands):
June 30, Measured at
2020 Level 1 Level 2 Level 3 NAV(1)
Fixed -income commingled funds $ 24,331 — 24,331 — —
U.S. government and sovereign
securities 93,526 — 93,526 — —
Exchange -traded funds 74,327 74,327 — — —
Equity commingled funds 101,875 7,568 35,012 — 59,295
Hedge funds 409,312 — — — 409,312
Private equity and debt 157,630 — — — 157,630
Real estate and real assets 796 — — — 796
Cash equivalents 525,645 77,956 447,689 — —
Investments stated at
fair value 1,387,442 $ 159,851 600,558
Equity method investments 48,478
Total investments $ 1,435,920
627,033
(1) Certain investments are measured at fair value using NAV as a practical expedient and have not been classified in the fair value hierarchy. The NAV amounts have been presented to permit reconciliation of the fair value hierarchy to the amounts presented in the consolidated statement of financial position.
The Organization used quoted prices in principal active markets for identical assets as of the valuation date (Level 1) to value certain cash equivalents at June 30, 2021 and 2020.
For the valuation of certain cash equivalents, U.S. government and sovereign securities, and fixed income and equity commingled funds at June 30, 2021 and 2020, the Organization used significant other observable inputs, particularly dealer market prices for comparable investments as of the valuation date (Level 2). The Level 2 commingled funds have a readily determinable fair value.
For the most part, the valuation of hedge funds, private equity and debt funds, private real estate and private real assets funds, at June 30, 2021 and 2020, are reported at estimated fair value utilizing the net asset values provided by fund managers as a practical expedient. In a few instances, additional supplemental information provided by the fund manager has been utilized to evaluate fund values and level the investments. Reported fund values utilize significant unobservable inputs; the Organization reviews and evaluates the values provided by fund managers and general partners and agrees with the valuation methods and assumptions used in determining the reported fair values of the alternative investments.
The Organization had no Level 3 reportable transactions for both fiscal years ended June 30, 2021 and 2020, respectively.
17 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The following summarizes the nature and risk of those investments that are reported at estimated fair value utilizing net asset value as of June 30, 2021 (in thousands):
Unfunded
Fair value commitments
Equity commingled funds (a) $ 62,664
Hedge funds (b), (d)
Hedge funds (b)
951
423,341
Private equity and debt (d) 249,877
Real estate and real assets (c) 2,279
Total
$ 739,112
Redemption
frequency
Redemption
notice period
— Monthly to 30 days
quarterly
- N/A Fully redeemed
- Monthly to 2-180 days
triennially
86,404 None
5,474 None
91,878
(a) Equity Commingled Fund Investments. Equity mandates are global or sector focused. Underlying equity exposures are global equities and cash for liquidity purposes. Positions are generally long and leverage can be used if managers are allowed to hedge foreign current exposures. (b) Hedge Fund Investments. Hedge fund strategies include equity long/short, relative value, event driven, arbitrage, macro, and opportunistic strategies. Underlying hedge fund holdings can consist of the full spectrum of global equity, fixed income, commodity, and currency instruments. Positions may be long and short; leverage may also be used. Some funds may invest inside pockets, which are a separate share class and are not available for redemption until the investment is liquidated by the manager. (c)
Non -Marketable Investment Strategies. Private equity and debt strategies include leveraged buyout, growth equity, venture capital, and distressed debt. Real estate and real assets strategies include natural resources, such as oil and gas or minerals and mining. Nonmarketable funds do not permit redemptions; capital is returned to investors at the discretion of the investment manager and in accordance with limited partnership terms. Interim distributions of interest and dividends can be made; however, capital and realized gains are generally distributed when underlying investments are liquidated. Funds are able to recall distributions. It is expected that the majority of the nonmarketable investments will be liquidated over the next 10 years.
(d) Represents expected redemptions related to audit holdbacks, where funds retain a portion of requested redemptions until the fund's annual audit is complete in order to accommodate potential final NAV adjustments.
18 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The following table lists the notional/contractual amount of derivatives by contract type included in the Organization's investments at June 30, 2021 and 2020 (in thousands):
Derivative type
Commodity options
Equity contracts
2021 2020
$ 1,106, 000
15,041
The following table lists fair value of derivatives by contract type included in the Organization's investments as of June 30, 2021 and 2020 (in thousands):
Derivative type
Commodity options
Equity contracts
Derivative Assets Derivative Liabilities
2021 2020 2021 2020
$ 32,648 — (19,815)
61 — (11)
Fair value of derivatives
included in investments $ 32,709 — (19,826)
The following table lists gains and losses on derivatives by contract type included in actual return on Organization investments as of June 30, 2021 and 2020 (in thousands):
Derivative type
Commodity options
Equity contracts
Total
$
$
Change in unrealized
Realized gains/(losses) gains/(losses)
2021 2020 2021 2020
(13,518)
50 (13, 468)
For the valuation of the Organization's derivative contracts at June 30, 2021, the Organization used significant other observable inputs as of the valuation date (Level 2), including prices of instruments with similar maturities and characteristics, interest rate yield curves, measures of interest rate volatility, and various market indices. The value was determined and adjusted to reflect nonperformance risk of both the counterparty and the Organization.
The Organization transacts in a variety of derivative instruments, including swaps and options, for investment and hedging purposes, in order to take or mitigate certain exposures. Each instrument's primary underlying exposure could be equities, commodities, interest rates, credit, or currencies. Such contracts involve, to varying degrees, risks of loss from the possible inability of counterparties to meet the terms of their contracts. In the case of over-the-counter derivatives, collateralization and daily marks -to -market mitigate counterparty risk. The Organization also invests in highly liquid, exchange -traded contracts to 19 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) achieve exposure to U.S. Treasury securities; these contracts are also marked -to -market daily, with daily exchanges of variation margin, but do not require collateralization per se. Foreign exchange derivatives can be used to facilitate trade purchases and sales as well as for hedging purposes.
Investment securities are exposed to various risks, such as interest rate, market, and credit. Due to the level of uncertainty related to changes in interest rates, market volatility and credit risks, it is at least reasonably possible that changes in these risks could materially affect the estimated fair value of investments reported in the consolidated statement of financial position as of June 30, 2021. However, the diversification of the Organization's invested assets among these various asset classes and the risk reduction purpose in the case of hedging assets is management's strategy to mitigate the impact of any dramatic change on any one asset class.
The following schedule summarizes the composition of investment return for the years ended June 30, 2021 and 2020 (in thousands):
2021 2020
Without donor With donor
restrictions restrictions Total Total
Investment returns available for
operations:
Other investment returns $ 3,372
3,372
Net nonoperating investment
returns 10,603
Total return on
investments, net $
60,552
60,552
267,107
13,975 327,659
63,924 44,551
63,924 44,551
277,710 2,416
341,634 46,967
20 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) (5) Debt
Debt consists of the following at June 30, 2021 and 2020 (in thousands):
2021 2020
Fixed rate debt:
Bearing interest rates ranging from 0% to 3.83%, due
calendar year 2021 through 2044 $ 402,589 590,007
Variable rate debt:
Variable rate debt with demand repayment rights — 47,390 Total bonds and notes payable 402,589 637,397
Less current portion
Debt, noncurrent portion
19,169 41,265
$ 383,420
596,132
During the fiscal year ended June 30, 2021, the Organization repaid $193.7 million of debt principal, including $150 million of fixed rate debt and $43.7 million of variable rate debt, prior to their maturity dates.
The Organization's debt is generally backed only by the full faith and credit of the Organization. Certain bonds are subject to redemption prior to their maturity at the option of the Organization. The repayment terms of the variable rate debt generally require monthly payments of interest and annual principal reduction. The registered owners of the bonds and notes with demand repayment rights may demand repurchase of the bonds and notes for an amount equal to the principal plus accrued interest. The organization had no outstanding debt with demand repayment rights as of June 30, 2021. Letters of credit or standby credit facilities were established in the aggregate amount of $8 million for fiscal year 2020, to provide liquidity in the event other funding is not available for repurchasing.
Certain of the Organization's debt agreements include covenants that require the Organization to maintain certain levels of financial ratios. The Organization was in compliance with its covenant requirements as of and for the year ended June 30, 2021.
Scheduled maturities and sinking fund requirements of the debt and credit agreements as of June 30, 2021 are as follows (in thousands):
2022 $ 18,000
2023 8,000
2024 8,000
2025 68,000
2026 20,000
Thereafter 277,100
$ 399,100
21 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Interest expense was approximately $28 million for both fiscal years ended June 30, 2021 and 2020, which is included in contractual services on the statement of functional expenses. (a) Bank Lines of Credit
The Organization maintained several committed lines of credit with various banks for its working capital requirements. There were no borrowings outstanding under lines of credit as of June 30, 2021 and 2020. The Organization had unused lines of credit outstanding of approximately $200 million at both June 30, 2021 and June 30, 2020. The amounts available to be borrowed on the lines of credit are subject to the limitations of the Organization's debt covenants. (b) Interest Rate Swap Agreements
The Organization held no variable rate debt at June 30, 2021 and no swaps outstanding at June 30, 2021. The organization held $47 million of variable rate debt at June 30, 2020. Interest rate swap agreements were used by the Organization in fiscal year 2020 to mitigate the risk of changes in interest rates associated with variable interest rate indebtedness. Under such arrangements, a portion of variable rate indebtedness was converted to fixed rates based on a notional principal amount of $39 million. The interest rate swap agreements were derivative instruments that were recognized at fair value and recorded on the statement of financial position. At June 30, 2020, the fair market value was a liability of approximately $4 million and was included in other liabilities in the accompanying consolidated statement of financial position as of June 30, 2020.
The organization had no swaps outstanding at June 30, 2021. The change in fair value on the interest rate swap agreements was a Toss of approximately $1.2 million for the year ended June 30, 2020 and was included in nonoperating gains in the consolidated statements of activities.
For the valuation of the interest rate swaps at June 30, 2020, the Organization used significant other observable inputs as of the valuation date (Level 2), including prices of instruments with similar maturities and characteristics, interest rate yield curves, and measures of interest rate volatility. The value was determined and adjusted to reflect nonperformance risk of both the counterparty and the Organization. See note 4 for definitions of Levels 1, 2, and 3. (c) Letters of Credit
The Organization had unused letters of credit outstanding of approximately $52 million at June 30, 2021 and $55 million at June 30, 2020.
(6) Leases
The Organization has operating and finance leases for real estate, personal property and equipment. The Organization determines if an arrangement is a lease at the inception of a contract and recognizes operating lease expense on a straight-line basis over the lease term. Leases with an initial term of twelve months or less are not recorded on the consolidated statement of financial position and are expensed on a straight-line basis.
22 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The Organization has lease agreements which require payments for lease and non -lease components and has elected to account for these as a single lease component, with any variable elements being recorded as variable lease expense.
Operating lease right -of -use assets and lease liabilities as of June 30, 2021, and 2020, were as follows (in thousands):
Operating leases
Right -of -use assets:
Operating lease assets
Lease liabilities:
Current operating lease liabilities
Noncurrent operating lease liabilities
Total operating lease liabilities
2021 2020
$ 121,765
$ 25,214
109,971
$ 135,185
114,474
22,689
104,096
126,785
Operating expenses for the leasing activity of the Organization as lessee for the years ended June 30, 2021, and 2020, respectively, are as follows (in thousands):
Lease type
Operating lease costs
Short-term lease costs
Total lease cost
2021 2020
$ 32,770 32,760
72 7
S 32,842 32,767
Total rent expense was approximately $41 million and $46 million for the years ended June 30, 2021 and 2020, respectively, and is included in contractual services on the consolidated statement of functional expenses.
23 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The aggregate future lease payments below summarize the remaining future undiscounted cash flows for operating leases as of June 30, 2021, and a reconciliation to operating lease liabilities reported on the consolidated statement of financial position:
2022 $ 27,582
2023 23,600
2024 18,401
2025 13,803
2026 10,275
Thereafter 63,650
Less interest
Total lease payments
Present value of lease liability
157,311
(22,126)
135,185
Average operating lease terms and discount rate at June 30, 2021, and 2020, were as follows:
Weighted average remaining lease term (years):
Weighted average discount rate:
2021 2020
11.58 1.91 %
12.55 2.08 %
The following summarizes cash paid for operating lease liabilities and other non -cash information as of June 30, 2021 and 2020:
2021 2020
Cash paid for amounts included in the measurement
of operating lease liability $ 33,143 32,824
Right -of -use assets obtained in exchange for operating lease obligations 32,814 11,270
24 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Future minimum rental payments to be received by the Organization for office space leased at the National Headquarters building as of June 30, 2021 are as follows (in thousands):
2022 $ 19,491
2023 19,581
2024 19,719
2025 19,860
2026 20,004
Thereafter 81,500
Total minimum lease
payments to be received $ 180,155
The rental income was approximately $19 million for both years ended June 30, 2021, and 2020, respectively, and is included in other revenue on the consolidated statement of activities. (7) Net Assets
The Organization monitors cash and investment reserve requirements across the entire enterprise to ensure service delivery can be performed. Management actively manages short and Tong -term cash needs against all available liquidity from cash, investments, and fair value of land, building, and equipment held for sale. As a result, it continues to have positive mission -related operating net assets, even though the Organization has pension -related and other long-term liabilities.
Net assets with donor restrictions are available for the following purposes or periods as of June 30, 2021 and 2020 (in thousands):
2021 2020
Disaster and humanitarian services S 125,035 122,093
International relief and development services 42,231 80,009 Endowment 1,272,232 1,034,439
Other net assets with restrictions to be held in perpetuity 218,861 184,878 Total with donor restrictions net assets
$ 1,658,359 1,421.419
Endowment at June 30, 2021 and 2020 consist primarily of endowed contributions, the income from which is available principally to fund general operations. Other net assets with donor restrictions to be held in perpetuity consist of beneficial interests in perpetual trusts and other split -interest agreements (note 9).
As part of the Organization's liquidity management, it has a policy to structure its financial assets to be available as its operating expenditures and other obligations come due. In addition, the Organization invests cash in excess of daily requirements in short-term investments. The restricted portion of its financial assets are excluded from the liquidity disclosure as they are used for restricted purposes. 25 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) As of June 30, 2021, and 2020, financial assets and liquidity resources available within one year for general expenditures, such as operating expenses and scheduled principal payments on debt, were as follows (in thousands):
2021 2020
Financial assets:
Cash and cash equivalents $ 205,148 235,415
Short-term investments, net 562,450 348,443
Trade receivable, including grants, net of allowance for 101,657 166,827 doubtful accounts
Contributions receivable 9,669 16,150
Total financial assets available within one year
Liquidity resources:
Letters of credits and other credit facilities
Total financial assets and liquidity resources
available within one year
878,924 766,835
252,000 263,000
$ 1,130,924 1,029,835
(8) Endowments
Effective January 23, 2008, the District of Columbia enacted the Uniform Prudent Management of Institutional Funds Act (UPMIFA), the provisions of which apply to endowment funds existing on or established after that date. Based on its interpretation of the provisions of UPMIFA, the Organization is required to act prudently when making decisions to spend or accumulate donor -restricted endowment assets and in doing so to consider a number of factors, including the duration and preservation of its donor -restricted endowment funds. The Organization classifies as net assets with donor restrictions the original value of gifts donated to be held in perpetuity. The appreciation of the donor -restricted endowment fund is appropriated for expenditure by the Organization in a manner consistent with the standard of prudence prescribed by UPMIFA.
The Organization has adopted, and the Governing Board has approved the Statement of Investment Policies and Objectives for the endowment fund. This policy has identified an appropriate risk posture for the fund, stated expectations and objectives for the fund, provides asset allocation guidelines, and establishes criteria to monitor and evaluate the performance results the fund's managers.
To satisfy its Tong -term rate of return objectives, the Organization relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends).
The Organization makes distributions from income earned on the endowment fund for current operations using the total return method. In establishing this method, the Organization considered the long-term expected return on its funds. To the extent that distributions exceed net investment income, they are made from accumulated gains. The Board of Governors approves the spending rate, calculated as a percentage 26 (Continued)
(9)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) of the five-year calendar trailing average fair value of the endowment fund at the beginning of each fiscal year.
A spending rate of 3.8% has been approved for year 2021, which resulted in total distributions of approximately $63 million. The total distribution also includes a $25 million additional distribution which was contributed into the Organization pension plan. The distributions represent utilization of accumulated realized gains, which were calculated based on the trailing five-year market value. Consistent with 2021, a spending rate of approximately 3.8% of the trailing five-year market value has been approved for 2022.
Changes in endowment net assets for the year ended June 30, 2021 (in thousands):
With donor
restrictions
Total
Endowment net assets, beginning of year $ 1,034,439 1,034,439 Total investment return, net 273,039 273,039
Contributions 28,013 28,013
Appropriation of endowment assets for expenditure (63,259) (63,259) Endowment net assets, end of year
S 1,272,232 1,272,232
Split -Interest Agreements
The Organization is a beneficiary of split -interest agreements in the form of charitable gift annuities, perpetual trusts held by third parties, charitable remainder trusts, and pooled income funds. The value of split -interest agreements is measured as the Organization's share of fair value of the assets. Of the $321 million and $259 million in assets under these agreements as of June 30, 2021 and 2020, respectively, which are included in other assets on the consolidated statement of financial position, $51 million and $42 million, respectively, are charitable gift annuities and the remainder are assets for which the Organization is not the trustee. Liabilities associated with these agreements are $33 million and $32 million for the years ended June 30, 2021 and 2020, respectively, of which $8 million is included in other current liabilities for both years, respectively, and $25 million and $24 million for the years ended June 30, 2021 and 2020 are included in other noncurrent liabilities on the consolidated statement of financial position.
(10) Benefit Plans
(a) The Retirement System of the American National Red Cross and The American Red Cross Life and Health Benefits Plan
Before July 1, 2009, employees of the American Red Cross, including employees of participating local chapters, were covered by the Retirement System of the American National Red Cross (the Plan) after one year of employment and completion of 1,000 hours of service during any consecutive 12-month period. The Plan was closed to employees hired after June 30, 2009. 27 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Subject to provisions contained in collective bargaining agreements where applicable, the Plan was frozen on December 31, 2012 (the freeze date). Employees who were participating in the Plan as of that date keep vested benefits earned but stop earning additional pension benefits.
Prior to the freeze date, the benefit formula was based on years of service and the employees' final average compensation. Final average compensation was calculated using the highest consecutive 48 months of the last 120 months of service before the earlier of retirement or the freeze date.
For funding purposes under the Plan, normal pension costs are determined by the projected unit credit method and are funded currently. The Plan provides a defined -benefit pension, funded entirely by the employer. Prior to July 1, 2005, voluntary after-tax contributions could be made by active members to fund an optional annuity benefit. The Organization's funding policy is set to comply with the funding requirements established under the Pension Protection Act of 2006 and to meet the requirements of Employee Retirement Income Security Act of 1974. During fiscal year 2021, the Organization contributed the required amount for the plan year.
The Plan was amended on January 1, 2019 to allow participants who have not previously commenced benefits to elect a lump -sum payment of their full vested benefit value if otherwise eligible to receive benefits under existing plan provisions, including the provision that the election must be made within the 180-days period commencing on the first day of the month on or next following termination of employment or be retirement eligible. The Plan was further amended effective January 1, 2020 to allow all vested terminated employees and retirement eligible who have not previously commenced benefits to elect lump sum payments. In addition, all previously available distribution options continue to be available.
The Organization also provides medical and dental benefits to retirees and their eligible dependents under The American Red Cross Life and Health Benefits Plan. Generally, retirees and the Organization each pay a portion of the premium costs. The medical and dental plans pay a stated percentage of expenses reduced by deductibles and other coverages. The Organization has the right to modify cost -sharing provisions at any time. In addition, life insurance benefits of $5,000 are provided with no contributions required from the retirees. The Organization's postretirement benefit plans are unfunded. 28 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Effective January 1, 2009, the Organization eliminated plan coverage (retiree medical and life benefits) for all future retirees that did not meet eligibility conditions as of that date. In addition, the plan was amended to transition Medicare eligible retirees to a private fee -for -service plan and to change the premium supplement tables and indexing effective July 1, 2009. Beginning in calendar year 2011, most Medicare eligible retirees were offered a Healthcare Reimbursement Account to utilize in purchasing individual coverage through an external exchange program through Aon Hewitt Retiree Exchange.
Plans can vary from Medicare Advantage, Part D Prescription Drug, and Medicare Supplement Plans.
The following table presents the changes in benefit obligations, changes in Plan assets, and the composition of accrued benefit costs in the consolidated statements of financial position for the years ended June 30, 2021 and 2020 (in thousands):
Pension benefits Postretirement benefits
2021 2020 2021 2020
Changes in benefit obligations:
Benefit obligations at beginning
of year $ 2,514,380 2,450,269 57,503 58,988
Service cost 24 42 15 27
Interest cost 80,700 90,437 1,445 1,968
Plan amendment — — — —
Actuarial (gain) loss (25,924) 145,773 (1,101) 133
Benefits paid (181,762) (172,297) (3,516) (3,613)
Annuity purchase and
reimbursements from
insurance carriers 80 156 — —
Benefit obligations at end of year 2,387,498 2,514,380 54,346 57,503 Changes in plan assets:
Fair value of plan assets at
beginning of year 2,412,180 2,010,272 — —
Actual retum on plan assets 25.298 449,049 — —
Employer contributions 15,000 125,000 — —
Benefits paid (181,762) (172,297) — —
Annuity purchase and
reimbursements from
insurance carriers 80 156 — —
Fair value of plan assets at end
of year
Funded status -accrued
benefit costs
2,270.796 2.412,180 — —
$ (116.702) (102,200) (54.346) (57.503)
29 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Pension -related changes other than net periodic benefit cost for 2021:
Pension Postretirement
benefits benefits
Total
Prior service benefit $ (2,727) — (2,727)
Amortized net Toss (gain) 28,572 (747) 27,825
Net actuarial (gain) loss (44,697) 3,903 (40,794)
$ (18,852) 3,156 (15,696)
Pension -related changes other than net periodic benefit cost for 2020:
Pension Postretirement
benefits benefits
Total
Prior service benefit $ (2,727) — (2,727)
Amortized net Toss (gain) 24,710 (1,302) 23,408
Net actuarial loss 207,152 2,787 209,939
$ 229,135 1,485 230,620
Items not yet recognized as a component of net periodic benefit cost for 2021:
Unrecognized prior service credit
Unrecognized net actuarial Toss
Pension Postretirement
benefits benefits
$ (15,606)
749,562
8,517
Total
(15,606)
758,079
$ 733,956 8,517 742,473
Items not yet recognized as a component of net periodic benefit cost for 2020:
Unrecognized prior service credit
Unrecognized net actuarial loss
Pension Postretirement
benefits benefits
$ (18, 333)
733,438
8,163
Total
(18,333)
741,601
$ 715,105 8,163 723,268
30 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) Estimated amounts to be amortized into net periodic benefit cost over the next fiscal year are as follows:
Prior service credit
Pension Postretirement
benefits benefits
Total
$ (2,727) — (2,727)
Net actuarial loss (gain) 28,572 (747) 27,825
$ 25,845 (747) 25,098
The accumulated benefit obligation for the pension plan was approximately $2.4 billion and $2.5 billion as of June 30, 2021 and 2020, respectively.
The weighted average assumptions used to determine benefit obligations for 2021 and 2020 were as follows:
Discount rate
Pension benefits Postretirement benefits
2021 2020 2021 2020
3.42% 3.37%
2.70% 2.60%
The weighted average assumptions used to determine net benefit cost for 2021 and 2020 were as follows:
Pension benefits Postretirement benefits
2021 2020 2021 2020
Discount rate 3.37 % 3.88 %
Expected return on plan
assets 4.75 % 6.00 %
2.60 % 3.45 %
The expected rate of return assumption on Plan assets was determined by considering current economic and market conditions and by reviewing asset class allocations, historical return analysis, and forward -looking capital market expectations. Asset class allocations were established by considering each class' risk premium commensurate for the level of risk, duration that matches the Plan's liabilities, and incremental diversification benefits. Historical returns and forward -looking capital market expectations were gathered from and compared among the Plan's investment managers and a sampling of the consultant community.
For measurement purposes, approximately a 6.25% annual rate of increase in the per capita cost of covered healthcare benefits was assumed for fiscal year 2021. For measurement purposes. approximately a 7.00% annual rate of increase in the per capita cost of covered healthcare benefits was assumed for fiscal year 2020. For both years the rate was assumed to decrease gradually to
4.50% through 2030 and remain at that level thereafter. 31 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The components of net periodic benefit cost (credit) for the years ended June 30, 2021 and 2020 were as follows (in thousands):
Service cost
Interest cost
Expected retum on plan
assets
Amortization of prior
service credit
Net amortization loss (gain)
Pension benefits Postretirement benefits
2021 2020 2021
S 24 42
80,700 90,437
(95, 919) (114, 910)
(2,727) (2,727)
28,572 24,709
Net periodic
benefit cost
(credit) 5 10,650
(2,449)
16 1,445
(747)
714
2020
27 1,968
(1,302)
693
Assumed healthcare cost trend rates have a significant effect on the amounts reported for the healthcare plans. A one -percentage -point change in assumed healthcare cost trend rates would have the following effects (in thousands):
Point
increase
Effect on total of service and interest cost components S Effect on postretirement benefit obligation
There is no minimum funding requirement for the pension plan during The following benefit payments, which reflect expected future service, be paid, as of June 30, (in thousands):
2022
2023
2024
2025
2026
2027-2031
2 63
Point
decrease
2 (56)
the year ended June 30, 2021.
as appropriate, are expected to
Pension
benefits
$ 242,109
173,661
164,435
162,869
163,780
732,390
S 1,639,244
Postretirement
benefits
3,781
3,739
3,675
3,615
3,544
16,479
34,833
32 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The Organization has investment guidelines for the Retirement System (the Plan) assets. The overall objective of the guidelines is to ensure the Plan's assets appropriately hedge the liability risks and also considering other market risks while ensuring that the portfolio income and liquidity are appropriate to meet the Plan's benefit payments and other expenses. The Plan's investments are designed in such manner that no single investment would have a disproportionate net impact on the plan funded status.
The Plan's asset allocation is reviewed regularly with current market assumptions to realign the asset mix with the Tong -term investment goals for the Plan. (See note 4 for descriptions of the methodologies used to value Plan's assets, including discounted cash flow analysis, comparable analysis, or third -party appraisals. See note 4 for the definitions of Levels 1, 2, and 3.) The Plan's assets were invested in the following categories at June 30, 2021 and 2020:
Pension assets
2021 2020
Cash and short-term investments 49 % 12 %
Fixed income 41 72
Marketable and nonmarketable alternative funds 10 16
100% 100%
The Plan's assets were within authorized asset allocation ranges at June 30, 2021 and 2020.
The following table represents pension plan assets that are measured at fair value on a recurring basis at June 30, 2021 (in thousands):
June 30, Measured at
2021 Level 1 Level 2 Level 3 NAV(1)
U.S. government and sovereign
securities S 849,650 — 849,650 — —
Hedge funds 2.622 — — — 2,622
Private equity and debt 214.612 — — 214,612
Derivative contracts 77.465 15,187 62,278 — —
Cash and cash equivalents 1,126,447 3,013 1,123,434 — — Total plan assets S 2,270,796 18,200 2,035,362 — 217.234 33 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The following table represents pension plan assets that are measured at fair value on a recurring basis at June 30, 2020 (in thousands):
June 30, Measured at
2020 Level 1 Level 2 Level 3 NAV(1)
Fixed -income commingled funds $ 155,384 — 155,384 — —
Corporate obligations 526,782 — 526,782 — —
Foreign government and sovereign
securities 15,049 — 15,049 — —
U.S. government and sovereign
securities 1,036,170 — 1,036,170 — —
Common and preferred stock 175 175 — — —
Hedge funds 207,004 — — — 207,004
Private equity and debt 179,152 — — — 179,152
Derivative contracts 12,705 4,278 8,427 — —
Cash and cash equivalents 279,759 14,411 265.348 — —
Total plan assets $ 2,412,180 18,864
2,007,160 — 386,156
(1) Certain investments are measured at fair value using NAV as a practical expedient and have not been classified in the fair value hierarchy. The NAV amounts have been presented to permit reconciliation of the fair value hierarchy to the amounts presented as total plan assets.
In the above table, certain investment descriptions have been revised. The Organization had no reportable Level 3 transactions for its defined -benefit plan for both fiscal years ended June 30, 2021 and 2020, respectively.
On behalf of the Plan, the Organization transacts in a variety of derivative instruments, including exchange -traded products (ETNs and ETFs), forwards, swaps, options, and futures. Derivatives are used for investment purposes, such as hedging, replication, completion, diversification, and tail -risk reduction. Each instrument's primary underlying exposure is generally interest rates, equities, commodities, or currencies. Such contracts could involve counterparty risk to varying degrees (i.e., risk of loss from the possible inability of counterparties to meet the terms of their contracts). In the case of over-the-counter derivatives, collateralization and daily marks -to -market mitigate counterparty risk.
The Plan makes special use of derivatives to hedge (partially or fully) the interest rate exposure of its pension liabilities. The liabilities are valued via a "discount rate" of investment grade corporate bonds.
Uncertainty of future discount rates adds variability to the Plan's funded status as liability valuations shift with rates. Hedging looks to reduce that risk. During the fiscal year ended June 30, 2021, the Plan used interest rate futures and treasury contracts to manage interest rate exposure and credit default swaps to manage the credit spread exposure. Management of interest rate exposure may change over time based upon a variety of factors, such as market conditions, perceived investment opportunities and risks, and investment goals and objectives.
34 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) The following table lists the notional/contractual amount of derivatives by contract type included in pension plan assets at June 30, 2021 and 2020 (in thousands):
Derivative type
2021 2020
Treasury contracts $ 550,479 —
Interest rate contracts 225,851 513,892
Credit default swaps 2,150,000 1,153,607
Equity contracts — 299,630
The following table lists fair value of derivatives by contract type included in pension plan assets as of June 30, 2021 and 2020 (in thousands):
Derivative type
Derivative assets Derivative liabilities
2021 2020 2021 2020
Treasury contracts $ 14,198 — — —
Interest rate contracts 9.578 4,329 (841) (45)
Credit default swaps 54.530 13.159 — 153
Equity contracts — — — (4,893)
Fair value of derivatives
included in
investments $ 78.306
17,488
(841) (4,785)
The following table lists gains and losses on derivatives by contract type included in actual return on plan assets available for plan benefits as of June 30, 2021 and 2020 (in thousands):
Derivative type
Change in
Realized gains/(losses) unrealized gains/(losses)
2021 2020 2021 2020
Treasury contracts $ (47,190) — 19,091 —
Interest rate contracts (15,493) 60,604 4,525 4,328
Credit default swaps 3,188 7,567 5.041 2,556
Equity contracts — 54,302 — (4.893)
Total $ (59,495) 122,473 28,657 1,991
35 (Continued)
THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2021
(With summarized information for the year ended June 30, 2020) For the valuation of the Plan's derivative contracts at June 30, 2021, the Plan used significant other observable inputs as of the valuation date (Level 2), including prices of instruments with similar maturities and characteristics, interest rate yield curves, measures of interest rate volatility, and various market indices. The value was determined and adjusted to reflect nonperformance risk of both the counterparty and the Plan.
(b) American National Red Cross Savings Plan — 401(k) Plan The Organization sponsors the American Red Cross Savings Plan (the Savings Plan), a defined -contribution plan. In general, employees are eligible to participate upon hire and vest in employer contributions on a three-year cliff schedule. Employer contributions include Red Cross match only. There were $32 million and $33 million in Red Cross employer contributions to the Savings Plan in 2021 and 2020, respectively.
(11) Receivables Securitization Program
The Organization has an asset securitization program. The program is structured to sell the eligible biomedical hospital account receivables, without legal recourse, to a third -party investor, through a wholly owned bankruptcy -remote special purpose entity that is consolidated for financial reporting purposes. The Organization continues servicing the sold receivables. Proceeds received under the securitization program are treated as secured borrowings. The maximum amount of the agreement is $125 million for years ended June 30, 2021 and 2020 and the total cost of the program approximates the 30-day LIBOR plus 1 %. At June 30, 2021 and 2020, the amount of outstanding borrowings under the securitization program was $125 million and $119 million, respectively, and is included in other current liabilities on the statement of financial position.
(12) Commitments and Contingencies
(a) Litigation
The Organization is a defendant in a number of lawsuits incidental to its operations. In the opinion of management, the outcome of such lawsuits will not have a materially adverse effect on the Organization's financial position.
(b) Government Grants
Costs charged to the federal government under cost -reimbursement grants and contracts are subject to government audit. Therefore, all such costs are subject to adjustment. Management believes that adjustments. if any, would not have a significant effect on the consolidated financial statements. (13) Subsequent Events
The Organization has evaluated subsequent events through the date the consolidated financial statements were issued, October 28. 2021.
36 April 18, 2022
assistance league'
San Luis Obispo County
City of Pismo Beach
760 Mattie Road
Pismo Beach, CA 93449
Dear Ms. Goodman:
The members of Assistance League® of San Luis Obispo County, and the families we serve, thank the City of Pismo Beach for its previous support including the most recent grant of $2,500.
This request is for the City of Pismo Beach to consider funding a grant for $3,200 for the 2022-23 school year. The funds would provide new school -appropriate clothing to 20 students in need in grades Kindergarten -12th who attend school in the greater Pismo Beach area.
In the 2022-23 school year, we are budgeted to clothe 2,200 underserved students Kindergarten — 12th grade students from all ten school districts in the County. Students are referred by school personnel who are best qualified to make that determination. Social service agencies and shelters direct families to their,children's school for clothing referrals. All grant funds raised are used only to purchase new school -appropriate clothing for these disadvantaged students in our County.
Assistance League is an all -volunteer organization with 115 members who during the 2020-21 fiscal year volunteered 20,783 hours. The U.S. Department of Labor has given those hours a dollar value of $583,171. Our chapter is governed by a Board of Directors. All decisions regarding volunteer hours and money are voted upon by our Board and Membership. There are committees and chairs to support our philanthropic programs and fundraising efforts. All of our member volunteers are mentored and trained. We have no paid staff.
Assistance League accesses statistics on the number of students eligible for the Free and Reduced Lunch Program for San Luis Obispo County through the California Department of Education website. We record the number of students from each school in the County who are eligible for this program. Using this total number and our Program Budget, we then allocate the number of K - 12th grade students to be clothed in each school. From this data we have learned that 45% of the students in our County are living at or below the Federal Poverty Level. That number equates to more than 14,000 students.
The students are provided a retail shopping experience at Kohl's in Paso Robles, or Old Navy in San Luis Obispo. Our volunteers work closely with the staff of Kohl's and Old Navy to schedule shopping times and dates for students. Each K - 5th grade student is allotted $120 in shopping credit, and each 6th - 12th grade student is allotted $200. The retail stores provide corporate and local store discounts and recognize our tax-exempt status. This allows students to purchase approximately $150 to $250 respectively, worth of new clothing and shoes. Clothing for these older students is more expensive and the cost continues to increase. This age student often Transforming Lives • Strengthening Community
P.O. Box 14260 San Luis Obispo, CA 93406 • Tel: 805-782-0824 • www.alslocounty.org
City of Pismo Beach
Page Two
April 18, 2022
prefers brand name clothing which are valued by students on their campuses. Reality dictates that we must acknowledge this bias. Therefore, for the upcoming school year, we have increased the amount spent on the 6th - 12th grade students from $150 to $200.
Operation School Bell®, our primary philanthropic program, was adopted in 1995. Since then, our organization has provided school -appropriate clothing to more than 32,000 students from low-income families in the County. In 1995, we provided clothing to 100 disadvantaged children in grades K - 6th grade. This school year we have provided clothing for 2,020 students in all grades K-12.
The goal of Operation School Bell is to improve school attendance and participation by enabling students to attend school without feeling self-conscious or out of place due to a lack of proper clothing. It is our belief that when students go to school feeling confident about their appearance, it results in a more successful academic and social experience. To access learning students must have their basic needs met: food, clothing and shelter. Operation School Bell provides a most basic need — clothing.
Our Operation School Bell program is becoming more and more unique in that we deal directly with students. Many of these students have very complicated home lives and are often lost in the dynamics that can accompany the lives of low-income, food insecure families. The students are cheerfully greeted and provided the opportunity to choose the school clothing they prefer. They can return to school the very next day wearing the same styled clothes as their peers.
Students who fail in school challenge the resources of their family and community. Students who succeed in school become contributing members of their community. We believe this aligns with the City of Pismo Beach's vision to "provide a safe place and enhance a vibrant economy." Corresponding directly to the City of Pismo Beach's Goal #4, we believe this program helps sustain the "character and quality of life for the residents." Having a student population that attends school regularly, enabling them to make the most of their education including intra and extra -curricular courses offered, and enriches their lives and the life of their community.
In January of 2022, the chapter conducted a Measured Outcomes Survey which was sent to school personnel in all ten school districts to determine the impact of Operation School Bell on their students.
54.8% reported students' participation in Operation School Bell had a positive effect on classroom behavior,
73.8% reported students' participation in Operation School Bell had a positive effect on student confidence,
97.6 % reported that Operation School Bell serves a high priority need in their school.
City of Pismo Beach
Page Three
April 18, 2022
Enclosed is our 2020-2021 Annual Report which provides additional details about our accomplishments_ We are especially proud that 86% of Assistance League's expenses went directly to program services.
Our goal for the 2021-22 school year was to clothe 2,600 underserved students who live in and attend school in the County. Of this total, 528 students (K-12'h grade) from the Lucia Mar Unified School District participated in our program. The dollar amount to clothe those students was S69,060. In spite of all the restrictions of the State, County, school districts and retail store because of COVID-19 and considering that our members who are almost all of the at -risk age, this was a Herculean effort.
A $3,200 grant from the City of Pismo Beach will allow us to clothe ten K - 5'h grade students and ten 6'h - 12th grade students. All students are judged by their peers and even teachers by the same standards - appearance, attractiveness, level of academic and athletic abilities, and creative talents. The reality is these children are judged in part by the clothing they wear which effects their social and academic performance. Your funding will make a difference in the lives of these underserved students.
Sincerely,
r �
Judy Jimenez
President
Attachments: 2020-2021 Annual Report
2020-2021 Reviewed Financial Statement
3 2020-2021 ANNUAL REPORT
Assistance League of
San Luis Obispo County
Program Services and Chapter Accomplishments
Assistance League is a national 501(c)(3) nonprofit, non-political, nonsectarian, public benefit corporation. The San Luis Obispo County chapter was chartered in 1996 and is an all-volunteer organization with no paid staff.
Raised $585,691 in fiscal year 2020-21 to return to the community.
A total of 1,636 students/children were clothed through Operation School Bell and the Collaboration program.
Provided new, school-appropriate clothing to 1,623 Kindergarten through 12th grade students in need, living and attending school in all ten school districts in San Luis Obispo County through Operation School Bell®. Also, provided to the 1,623
Kindergarten through 12th grade students a grade-appropriate book of their choosing through Operation Bookshelf, a tote filled with grade-appropriate school supplies through
Operation School Supply and dental hygiene supplies
through Operation Dental Kit.
With our program, Collaboration, we have continued our successful collaborations with private donors and provided new clothing to 13 homeless and in-need children . The private donors provide their restricted funds and refer the children. These referred children are clothed in the same process as Operation School Bell students also receiving a grade-appropriate book, school supplies and dental hygiene supplies.
Our member volunteers donated 20,783 service hours with an IRS value of $583,171 determined by the U.S Department of Labor’s Bureau of Labor Statistics.
The chapter maintained its GuideStar Platinum Participant status.
Fundraising
All funds stay within our County to support our programs. Thrift Store $184,672
Contributions and Grants $148,327
“Warm Your Heart . . . Clothe a Child” direct mailer $97,136
Assistance League Thrift Store
Our Thrift Store at 667 A Marsh Street, San Luis Obispo has completed its sixth year of operation. It is staffed entirely by our volunteers. The Thrift Store is the primary source of funding to support our chapter and its philanthropic programs. We were closed temporarily during the COVID-19 pandemic but have reopened with faithful support from our membership and the community. Our careful planning and professional business practices over 25 years have been effective, and our community has benefited. Come see us! Transforming Lives · Strengthening Community
Mission Statement: Assistance League of
San Luis Obispo County volunteers
transforming the lives of children and adults
through community programs.
2021-22 BOARD OF DIRECTORS
Judy Jiménez
President
Sharon Fredricks
VP Membership
Chris Pontius
VP Philanthropic Programs
Jan Hutchinson
VP Resource Development
Cindy Cantrell
VP Marketing and Communications
Jo Anne Painter
VP Strategic Planning
Sue Pino
Thrift Store Operations Manager
Bonnie Long
Recording Secretary
Lynn Ogden
Corresponding Secretary
Anna Aven
Treasurer
————————————————-
ADVISORY COUNCIL
Debbie Arnold, Supervisor SLO
County Board of Supervisors
James J. Brescia, Ed.D.
SLO County Superintendent of Schools
Brandon Downing, Director of Marketing
& Creative Services, KSBY TV
Stephen K. Hall, Esq.
Stephen K. Hall and Associates
Kathleen Maas, Owner
Pear Valley Vineyards
Garret Matsuura,
Owner Arclight Media
Rick Mayfield
Director of Learning and Achievement
San Luis Coastal Unified School District
Patrick O’Hara
Wealth Advisory & Partner
Wacker Wealth Partners
Mary Verdin, President
Verdin
FINANCIAL SUMMARY– Assistance League of San Luis Obispo County For the Fiscal Year ended May 31, 2021
President’s Message
Assistance League of San Luis Obispo County — A Chapter of National Assistance League — Annual Report 2020-2021 Friends of Assistance League of San Luis Obispo County . . .
A sincere thank you to the following individuals and organizations who have made a donation of $250 or more to Operation School Bell through their grants, donations and sponsorships during our 2020-2021 fiscal year. We are extremely grateful for your support and association with our chapter. The children we serve and their families continually let us know how appreciative they are for our assistance. We could not continue our good work without you. Making a difference in the educational experience of a child by providing one of the most basic needs, clothing, is a remarkable thing. You can see from the photos on the cover some of the results of your generosity. Thank you for partnering with Assistance League to make that difference.
Grantors
Donors
Lori and Joe O’Connor
Donna O’Shaughnessy
Oso Libre Winery
Terese and Brent Parker
Roberta Parsons
D’Elaine and Michael Patrick Barbara and Carl Peck
Sue and Ron Pino
Theresa and Amedeo Pino
Dela Pino
Rawlings Family Charity Helen and Garry Robertson
Julie and Rick Rodewald
Judy and Larry Safley
Lynn Shaw Ian Smalley
Barbara and Al Stevens
Team Sweasey Inc.
Debra and Bob Wacker Lynn and Randy Walti
Diana and Jim Weirick
Stephen Peterson and Karen
Willer
Larry Wallace and Patty Winkenbach
Paula and Paul Worsham
Pamela and Richard Zweifel
Country Coast Classics, Inc.
County of San Luis Obispo
KSBY-TV - Your Favorite Charity
Robert H. Janssen Foundation, Inc.
Rotary Club of SLO de Tolosa
MUFG Union Bank Foundation
Hallie and Grant Fraysier
Frank Freeman
Vanessa Fugimoto
Bob Garrett
Laura and Ken Green
Nancy and Chet Grove
Marge and Jim Harris
Kathie and Ken Hendricks
Joe Hendrickson
Jan Hutchinson
Al Jiménez Memorial
Judy Jiménez
Sally Junge
Janet and Larry Koznek
Larry Akey and Francie Levy
Bonnie and Mike Long
Kathleen Maas
Maureen and Stan Marquis
Kent Morrison
Karin and Tom Morris
David and Lynda Nath
Network for Good
Michele and Mike Neuhauser
Jo Anne Painter
Charlene and John Ables
Frances Anacleto
Susan and Craig Armstrong
Linda Asprion
Philip Bailey, Jr.
Ray Johnson and Jan Baum Melanie Bedwell
Barbara Bell
Anne and Chet Boyd
Linda Brownson Mary Brooner
Mary and Jeff Bucher
Fred Buenrostro
Cindy Cantrell
Mary Ellen Cantrell Memorial Marne and John Caruana
Peggi and Jeff Carscaden
Ani and Monico Casillas
Sharon and Jim Chernoff
Citrix Systems Inc.
Joan Collier
Donna and Fred Cummings
Chris Daman
Sharon and Eric Darnton
Dana Denike memorial
Carol and Michael Dobrzensky
Linda and Bill Dugan
Bernice Flood
Albertsons Company Foundation
California Dental Association
Cambria Community Council
Central Coast Funds for Children
City of Arroyo Grande
City of Pismo Beach
Costco
ASSISTANCE LEAGUE OF
SAN LUIS OBISPO COUNTY
REVIEWED FINANCIAL STATEMENTS
For the Years Ended
May 31, 2021 and 2020
ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
INDEPENDENT ACCOUNTANT'S REVIEW REPORT AND FINANCIAL STATEMENTS For the Years Ended May 31, 2021 and 2020
TABLE OF CONTENTS
PAGE
INDEPENDENT ACCOUNTANT'S REVIEW REPORT 1
FINANCIAL STATEMENTS
Comparative Statement of Financial Position 2
Comparative Statement of Activities and Changes in Net Assets 3 Comparative Statement of Cash Flows 4
Comparative Statement of Functional Expenses 5
NOTES TO FINANCIAL STATEMENTS 6-14
BURKART & STEVENS
CPAS AND ADVISORS
11573 Los Osos Valley Road, Ste. 8
San Luis Obispo, California 93405
Telephone: 805,543.6876
Fax: 805.781.2526
www.burkartcpa.com
Independent Accountant's Review Report
Board of Directors
Assistance League of San Luis Obispo County
San Luis Obispo, California
We have reviewed the accompanying comparative financial statements of Assistance League of San Luis Obispo County (a nonprofit organization) which comprise the statements of financial position as of May 31, 2021 and 2020, and the related statements of activities, changes in net assets, functional expenses and cash flows for the year then ended, and the related notes to the financial statements. A review includes primarily applying analytical procedures to management's financial data and making inquiries of organization management. A review is substantially Tess in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion.
Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; this responsibility includes the design, implementation, and maintenance of internal control relevant to the preparation of financial statements that are free from material misstatement whether due to fraud or error.
Accountant's Responsibility
Our responsibility is to conduct the review in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA.
Those standards require us to perform procedures to obtain limited assurance as a basis for reporting whether we are aware of any material modifications that should be made to the financial statements for them to be in accordance with accounting principles generally accepted in the United States of America. We believe that the results of our procedures provide a reasonable basis for our report Accountant's Conclusion
Based on our reviews, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with accounting principles generally accepted in the United States of America.
URKART & STEVENS,
an Accountancy Corporation
San Luis Obispo, CA
August 23, 2021
1 Certified Public Accountants Since 1945
ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
STATEMENT OF FINANCIAL POSITION
MAY 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
ASSETS
Current Assets
Cash and cash equivalents (Note 2)
Prepaid expenses
Inventories (Note 3)
Total Current Assets
Property and Equipment, net of accumulated
depreciation of $ 45,117 at May 31, 2021 and
and $ 41,741 at May 31, 2020 (Notes 1 and 4)
Other Assets
Deposits
Total Assets
LIABILITIES AND NET ASSETS
Current Liabilities
Accounts payable
Sales tax payable
Deferred revenue (Note 1)
Total Current Liabilities
Net Assets
Without Donor Restrictions (Note 6)
With Donor Restrictions (Note 6)
Total Net Assets
Total Liabilities and Net Assets
2021
2020
$ 425,634
$ 310,418
5,916
6,098
164,759
128,604
596,309
445,120
4,358
5,225
5,127
5,127
$ 605,794
$ 455,472
$ 2,799
3,294
30,966
$ 2,837
-
5,370
37,059
8,207
565,400
443,930
3,335
3,335
568,735
447,265
$ 605,794
$ 455,472
See accompanying notes and independent accountant's review report. 2 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
STATEMENT OF ACTIVITIES
AND CHANGES IN NET ASSETS
FOR THE YEAR ENDED MAY 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
Public Support and Revenue
Public Support:
Contributions and grants
Total Public Support
Fundraising:
Thrift shop revenue:
Contributions of merchandise
Sales of donated merchandise
Less: Value of merchandise sold
Net revenue from thrift shop
Fundraising and special events, net
of direct fundraising expenses of $ 3,145
for May 31, 2021 and $ 2,973 for
May 31, 2020 (Note 8)
Revenue:
Membership, net of direct expenses
of $ 974 for May 31, 2021 and $ 145
for May 31, 2020
Investment income
Total Revenue
Public Support and Revenue
Total Public Support and Revenue
Expenses
Program services:
Operation School Bell
Operation Bookshelf
Operation School Supply
Total program services expenses
Supporting services:
Fundraising
Thrift Shop
Management and general
Membership development
Total supporting services
Total Expenses
Change in net assets
Net assets as of beginning of year
Net assets as of end of year
Year Ended May 31, 2021
Without
With
Year Ended
Donor
Donor
May 31, 2020
Restrictions
Restrictions
Total
Totals
$ 148,327
$
$ 148,327
$ 155,678
148,327
-
148,327
155,678
331,107
-
331,107
312,885
288,353
-
288,353
239,675
(288,353)
-
(288,353)
(239,675)
331,107
331,107
312,885
97,136
-
97,136
89,891
9,029
-
9,029
9,631
92 -
92 825
9,121
-
9,121
10,456
585,691
-
585,691
568,910
585,691
585,691
568,910
245,473
245,473
320,342
17,499
-
17,499
23,720
9,563
-
9,563
7,918
272,535
272,535
351,980
146,435
146,435
143,108
34,109
-
34,109
34,018
11,142
11,142
13,330
191,686
-
191,686
190,456
464,221
-
464,221
542,436
121,470
-
121,470
26,474
443,930
3,335 '
447,265
420,791
$ 565,400
$ 3,335
568,735
$ 447,265
See accompanying notes and independent accountants review report. 3 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED MAY 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
CASH FLOWS FROM OPERATING ACTIVITIES
Changes in net assets
Adjustments to reconcile change in net assets to net cash provided by operating activities:
Depreciation
(Increase) decrease in prepaid expenses
(Increase) decrease in inventories
Increase (decrease) in accounts payable
Increase (decrease) in sales tax payable
Increase (decrease) in deferred revenue
Net cash provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment
Net cash flows provided (used) by investing activities
NET INCREASE (DECREASE) IN CASH
CASH AS OF BEGINNING OF YEAR
CASH AS OF END OF YEAR
2021
2020
$ 121,470
$ 26,474
3,376
7,680
182
(1,847)
(36,155)
(18,429)
(38)
(2,373)
3,294
-
25,596
(18,680)
117,725
(7,175)
(2,509)
(805)
(2,509)
(805)
115,216
(7,980)
310,418
318,398
$ 425,634
$ 310,418
SUPPLEMENTAL DISCLOSURES:
There was no cash paid for interest or income taxes for the years ended May 31, 2021 and May 31, 2020.
See accompanying notes and independent accountants review report. 4 Program expenses
Occupancy:
Utilities
Repairs and maintenance
Rent
Insurance
Storage
Depreciation
Professional services
Public relations & advertising
Office supplies
National dues
National conference and meetings
Credit card fees
Licenses
Other
Supplies
Total expenses
Less expenses included with
revenue on statement of activities
Total expenses per statement
of activities
ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
STATEMENT OF FUNCTIONAL EXPENSES
FOR THE YEAR ENDED MAY 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
Year Ended May 31. 2021
Program Services
Support Services
Year Ended
May 31, 2021
Total Expenses
Operation
School Bell
Operation
Bookshelf
Operation
School Supply
Total
Program
Services
Fundraising
Activities
Thrift
Shop
Management
& General
Membership
Development
Total
Support
Services
Year Ended
May 31, 2020
Total Expenses
$ 238,690
$ 17,499
$ 9,563
$ 265,752
$ •
$ -
$ -
$ -
$ -
$ 265,752
$ 334,506
153
-
•
153
-
6,552
460
153
7,165
7,318
7,482
-
-
3,411
-
-
3,411
3,411
4,567
3,941
-
-
3,941
-
118,601
11,824
3,941
134,366
138,307
134,371
2,183
-
-
2,183
-
740
2,521
-
3,261
5,444
5,075
-
-
1,092
-
1,092
1,092
9,724
506
-
-
506
-
2,701
169
-
2,870
3,376
7,680
-
-
-
-
-
7,015
-
7,015
7,015
6,290
•
-
-
241
1,179
-
1,420
1,420
603
•
-
-
-
-
-
2,752
-
2,752
2,752
3,198
-
-
-
-
5,100
5,100
5,100
5,320
•
-
-
-
-
2,690
-
2,690
2,690
6,550
-
-
6,999
-
-
6,999
6,999
8,121
-
-
-
91 91
91 91
-
-
-
-
1,100
1,810
1,857
4,767
4,767
2,366
-
-
-
3.145
6.090
2.597
-
11,832
11,832
9.465
245,473
17,499
9,563
272,535
3,145
146,435
34,109
11,142
194,831
467,366
545,409
(3,145)
-
-
-
(3.145)
(3.145)
(2.973)
$ 245.473
$ 17.499
$ 9.563
$ 272.535
$ -
$ 146,435
$ 34.109
$ 11.142
$ 191.686
$ 464.221
$ 542.436
See accompanying notes and independent accountant's review report. 5 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Activities
Assistance League of San Luis Obispo County (chapter) is a nonprofit corporation and is a chartered chapter of National Assistance League. The chapter provides the following programs:
Operation School Bell provides new clothing, shoes, and dental hygiene kits to grades kindergarten through 12th in the San Luis Obispo County. • Operation Bookshelf provides a new grade appropriate book for grades kindergarten through 12th, as well as their pre-school siblings in the San Luis Obispo County. • Operation School Supply provides grade appropriate school supply totes for grades kindergarten through 12th in the San Luis Obispo County.
The chapter's support and revenues come primarily from contributions and other fundraising efforts including special events and the operating of a thrift store.
Basis of Accounting
The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) on the accrual basis of accounting and, accordingly, reflect all significant receivables, payables and other liabilities.
Basis of Presentation
The financial statements are presented in accordance with the provisions of the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 958, Not -for -Profit Entities. Under ACS 958, the chapter is required to report information regarding its financial position and activities according to two classes of net assets:
Net assets without donor restrictions are net assets not subject to donor -imposed restrictions or law.
• Net assets with donor restrictions are net assets subject to donor -imposed restrictions that can be fulfilled by actions of the chapter pursuant to those restrictions or that expire by the passage of time. Contributions restricted by donors whose restrictions are met in the same reporting periods are recorded as without restrictions. Net assets whose use is limited by donor -imposed restrictions are recorded as net assets with restrictions and are released from restrictions when donor stipulations have been met.
6 ASSISTANCE LEAGUE OF SAN LUIS OBISI'O COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) Comparative Financial Information
The financial statements include certain prior -year summarized comparative information in total but not by net asset class. Such information does not include sufficient detail to constitute a presentation in conformity with U.S. GAAP. Accordingly, such information should be read in conjunction with the chapters' reviewed financial statements for the year ended May 31, 2021, from which the summarized information was derived.
Fair Value Measurements
The chapter follows guidance issued by the FASB on fair value measurements, which establishes a framework for measuring fair value, clarifies the definition of fair value within that framework, and expands disclosures about the use of fair value measurements. This guidance applies wherever fair value is the applicable measurement. This guidance establishes fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair values into Levels 1, 2 and 3.
Level 1 inputs consist of unadjusted quoted prices in active markets for identical instruments and have the highest priority. Level 2 inputs include quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, or inputs other than quoted prices that are directly or indirectly observable. Level 3 inputs are unobservable and are given the lowest priority.
For purposes of financial reporting, the chapter has determined that fair values of its financial instruments, which include cash equivalents, accounts receivable and accounts payable, approximate the carrying values at May 31, 2021 and 2020, based on their short maturities and/or the terms available to the chapter in financial markets.
Cash and Cash Equivalents
Cash and cash equivalents include cash held in checking and money market accounts, time deposits, certificate of deposit and all highly liquid investments with original maturities of three months or less.
Cash and highly liquid financial instruments which are either held for or restricted to Tong -term purposes are excluded from this definition.
Promises to Give
Unconditional promises to give are recognized as contributions in the period received and as assets, decreases in liabilities, or expenses depending on the form of the benefit received. Promises to give are recorded at net realizable value if they are expected to be collected within one year and at net present value if they are expected to be collected in more than one year. Conditional promises to give are recognized when the conditions on which they depend are substantially met. 7 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) Inventories
The chapter maintains inventory of retail gift cards, books, school supplies and dental kits for use in its Operation School Bell, Operation School Supply and Operation Bookshelf programs which is stated at the lower of cost or market determined by the first -in, first -out method. The chapter also maintains an inventory of used clothing and household items donated by chapter members and others for resale by a thrift shop operated by the chapter, which is stated at its estimated fair value.
Concentrations of Credit and Market Risk
The chapter operates in San Luis Obispo, California and is dependent upon the local economy. In January 2020, the World Health Organization declared the novel strain of coronavirus ("COVID-19") a Public Health Emergency of International Concern. The outbreak of COVID-19 has caused business disruptions to local, domestic, and global economies. The chapter complied with local and state health orders that resulted in intermitted closures to its operations during its fiscal year ending May 31, 2021.
Cash and cash equivalents are maintained at high -quality financial institutions and accounts at each institution are insured by the Federal Deposit Insurance Corporation up to $ 250,000. The chapter has not experienced any losses on its cash or cash equivalents.
Property and Equipment
Property and equipment additions are recorded at cost, or if donated, at fair value on the date of donation. The chapter provides for depreciation of property and equipment by use of the straight-line method over the estimated useful lives as follows: (Note 3) Estimated
Useful Lives in Years
Software 3-5
Machinery and Equipment 5-10
Furniture and Fixtures 5-10
Leasehold Improvements 10-45
Property and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Repair and maintenance costs are charged to operating expense as incurred. There were no impairment charges in fiscal year 2021. 8 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) Revenue and Revenue Recognition
Contributions
The organization recognizes contributions when cash, securities, other assets or an unconditional promise to give is received. Conditional promises to give -that is, those with a measurable performance or other barrier and right of return -are not recognized until the conditions on which they depend have been met.
All contributions are considered to be available for use unless specifically restricted by the donor.
When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restrictions is accomplished, these net assets are reclassified to contributions without donor restrictions and reported in the Statement of Activities as net assets released from restrictions. Donor -restricted contributions whose restrictions are met in the same reporting period are reported as support without restrictions.
Thrift Shop Sales
Revenue generated from the sale of donated used clothing and household items from the chapter's thrift shop is recognized at point of sale at which time all performance obligations have been satisfied.
Fundraising Events
The chapter records special event revenue equal to the fair value of direct benefit to donors, and contribution income for the excess received when the event takes places.
Membership
The performance obligation related to membership dues is completely satisfied within the fiscal year, and any membership dues collected in advance of the next fiscal year are recognized as deferred dues revenue.
Donated Materials, Services and Free Use of Facilities
Significant materials, services and free use of facilities are donated to the chapter by various individuals, corporations and other organizations, and are reflected in the accompanying financial statements at their fair values at the date of donation.
In addition, a significant portion of the chapter's functions and programs are conducted by unpaid volunteers. The value of this contributed time is not reflected in the accompanying financial statements since the services do not require specialized skills. During the year ended May 31, 2021, these volunteers donated approximately 20,783 hours with an estimated value of $ 583,171. The value was computed using an estimated hourly rate of $ 28.06, based upon the average hourly earnings of nonagricultural workers for the fiscal year ending May 31, 2021, as determined by the U.S. Department of Labor's Bureau of Labor Statistics, plus 12% for estimated fringe benefits. 9 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) Tax Status
The chapter is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, the chapter qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(2). The chapter is also exempt from state income taxes under Section 23701d of the Revenue and Taxation Code of the State of California.
The chapter has applied the provisions of the FASB's ASC 740-10, Accounting for Uncertainty in Income Taxes. Under ASC 740-10, nonpublic enterprises, including nonprofit organizations, are required to record a tax liability when substantial uncertainties exist as to whether certain income is exempt from federal, state and local income tax. As of May 31, 2021, the chapter had no substantial uncertain income tax provisions.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.
Functional Allocation of Expenses
The costs of program and supporting services have been summarized on a functional basis in the statement of activities. The statement of functional expenses presents the natural classification detail of expenses by function. Accordingly, certain costs have been allocated among the programs and supporting services benefited.
NOTE 2: CASH AND CASH EQUIVALENTS
Cash and cash equivalents at May 31, 2021 consist of the following.
Cash on hand $ 200
Checking accounts:
Founders Community - Operating 54,480
Founders Community - Donor Restricted 3,335
Wells Fargo — Thrift Shop 226,376
Total checking accounts 284,191
Savings accounts:
Founders Community - Money Market
Total savings accounts
Total cash and cash equivalents
141,243
141,243
$ 425,634
10 ASSISTANCE LEAGUE OF SAN LUIS OI3ISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 3: INVENTORIES
Inventories at May 31, 2021 consist of the following:
Retail gift cards, books, school supplies and
dental for use in the Operation School Bell,
Operation School Supply and the Operation
Bookshelf Programs
Used clothing and household items held for
sale at the Thrift Shop
$ 69,419
95,340
Total inventories $ 164759
NOTE 4: PROPERTY AND EQUIPMENT
At May 31, 2021 property and equipment consist of the following:
Property and equipment $ 16,990
Leasehold improvements 32,486
Total property and equipment 49,475
Less: accumulated depreciation (45,117)
Net property and equipment $ 4,358
Depreciation expense for the year ended May 31, 2021 was $ 3,376.
NOTE 5: DEFERRED REVENUE
Changes in deferred revenue for the year ended May 31, 2021 follows:
Deferred membership dues, beginning of year
Membership dues recognized at beginning of the year
Increase in deferred dues for cash received during the year Gift cards, deferred to 2021/2022
Warm Your Heart grant received, deferred to 2021/2022
$ 5,370
(5,370)
5,620
346
25,000
Deferred revenue, end of year $ 30,966
11 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 6: LEASE COMMITMENTS
On March 1, 2015 the chapter entered into a three-year lease agreement with Ursine Partner, LLC for the lease of thrift shop space in San Luis Obispo. In October 2017, additional adjacent space was leased. A lease renewal was signed with a 60-month lease term beginning June 1, 2018 and called for monthly payments of $ 9,122, with a maximum 4% CPI (Consumer Price Index) increase per year. The lease will expire on May 31, 2023. The monthly rental payment for the current term is $ 9,493. The total rent expense for the year ended May 31, 2021 was $ 138,307.
Minimum future lease payments are:
Year Ending May 31,
2022
2023
Payment
Total
$ 118,024
122,745
Total $ 240,769
NOTE 7: NET ASSETS
At May 31, 2021, net assets were restricted by donors or designated by the chapter as follows:
Net assets without donor restrictions:
Undesignated
Total net assets without donor restrictions
Net assets with donor restrictions:
Operation School Bell and capital
improvements
Total net assets with donor restrictions
$ 565,400
565,400
3,335
3,335
Total net assets $ 568,735
12 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
NOTE 8: LIQUID RESOURCE MANAGEMENT
The Chapter regularly monitors liquidity required to meet its operating needs and other contractual commitments, while also striving to maximize the investment of its available funds. For purposes of analyzing resources available to meet general expenditures over a 12-month period, the chapter considers all expenditures related to its ongoing program activities as well as the conduct of services undertaken to support those activities to be general expenditures.
As of May 31, 2021, the following financial assets could readily be made available within one year of the balance sheet date to meet general expenditures:
Cash and cash equivalents $ 425,634
Financial assets available for general expenditures over next 12-months $ 425,634 To build upon its past achievements and ensure future sustainability, the chapter has a long-standing policy that requires the governing board to maintain net assets without restrictions sufficient for one year's operating expenses. However, assets received with donor restrictions to be used in the next fiscal year for operating purposes are considered to be available for general expenditure spending as of May 31, 2021.
In addition to the financial assets available to meet general expenditures over the next 12-months noted above, the chapter has other current assets and deferred revenue that will likely be converted to cash or available for general expenditures during the normal course of next year's operations. Such current assets include the chapter's program and thrift shop inventories and prepaid expenses.
NOTE 9: FUNDRAISING EVENTS AND ACTIVITIES
The chapter conducts various fundraising events and activities to help fund current operations. The revenue and related expenses from such events and activities for the year ended May 31, 2021, are as follows:
Cost of Direct Other
Event Revenue Benefits to Direct Net
Attendees Costs Revenue
Warm Your Heart $ 100,281 $ $ 3,145 $ 97,136
Other
Total special events $ 100,281 $
3,145
$ 97,136
13 ASSISTANCE LEAGUE OF SAN LUIS OBISPO COUNTY
NOTES TO FINANCIAL STATEMENTS
May 31, 2021
14 NOTE 10: NONCASH CONTRIBUTIONS
During the year ended May 31, 2021, in addition to contributions of merchandise to the chapter’s thrift shop, the chapter received noncash contributions of materials that have been reflected in the financial statements of the chapter as follows:
NOTE 11: FUNCTIONALIZED EXPENSES
The financial statements report certain categories of expenses that are attributable to more than one program or supporting function. Therefore, these expenses require allocation on a reasonable basis that is consistently applied. The expenses that are allocated include depreciation, interest, and office and occupancy, which are allocated on a square-footage basis.
NOTE 12: RECENT ACCOUNTING PRONOUNCEMENT
In February 2016, the FASB issued ASU No. 2016-02 Leases (Topic 842), which requires lessees to recognize leases on the balance sheet and disclose key information about leasing arrangements. The new standard establishes a right-of-use (ROU) model that requires a lessee to recognize a ROU asset and lease liability on the statement of financial position for most leases with a term longer than 12 months. Leases will be classified as finance or operating, with classification affecting the pattern and classification of the expense recognition in the consolidated statement of activities. The effective date for this standard has been delayed to annual reporting periods beginning after December 15, 2021.
NOTE 13: SUBSQUENT EVENTS
Assistance League of San Luis Obispo County has evaluated events subsequent to May 31, 2021, to assess the need for potential recognition or disclosures in the financial statements. Such events were evaluated through August 23, 2021, the date these financial statements were available to be issued.
Based upon this evaluation, it was determined that no other subsequent events occurred that require recognition or additional disclosure in the financial statements.
Operating supplies $ 70,956
Total noncash donations $ 70,956
Focused on Abilities™ Since 2003
Association of Amputee Surfers
501(c) (3) Organization
TIN#
PO BOX 1034
Pismo Beach, CA 93449
May 3, 2022
PROJECT: Request for Funds
To: The Honorable Mayor of Pismo Beach and City Council Members:
AmpSurf is a local based non-profit organization established in 2003 to Promote, Inspire, Educate and Rehabilitate (PIER™) all people with disabilities and their families through adaptive surfing and other outdoor activities.
AmpSurf is respectfully requesting the City of Pismo beach to help us accomplish our mission by making a $15,000 donation to help sponsor the disabled Veterans, police, firefighters, and other civilians’ adults and children so that they might participate in our Pismo Beach clinic events, and special programs this year. These funds will be used to cover cost of events held in Pismo beach that are in line with the cities goals and priorities and that benefit the city by having a minimum impact on city services including public works, traffic and parking, help keep our community clean, conserve resources, add to our community’s character and enhance the quality of life of our community members.
As AmpSurf has grown exponentially in scope with the number of people we serve, we still remain a local nonprofit organization dependent on the generosity of individuals and organizations to make it all happen. It takes a substantial amount of equipment, materials, and monetary donations to carry out our vital mission and it’s virtually impossible to accomplish our goals without help from organizations such as the City of Pismo Beach. With your help we can change lives as well as honor our courageous Veterans, and First Responders for the sacrifices they have made!
With the help of the City of Pismo Beach, last year, despite ongoing covid issues, AmpSurf was able to share the healing power of the ocean with over 684 people through our program here locally, this doesn’t include the 134 para surfing athletes we shared our program with here during the 2021 Pismo Beach ISA World Para Surfing Championships, hosted by AmpSurf. With the help of the city, we want to continue to promote our services throughout the community! We do this through the programs listed below.
● Adaptive Learn to Surf Clinics - We hold our introductory adaptive learn to surf clinics to allow those living with disabilities, Veterans and First responders to share the healing power of adaptive surf therapy and our beautiful ocean. These events not only give these participants a unique experience here on our beach, it also provides a great opportunity for local community members (surfers and non-surfers alike) to share in the healing with the participants.
● Operation Restoration – With our various partners around the country we bring Veterans from various regions of the country to experience outdoor activities in Pismo Beach including Surfing, Kayaking, Outrigger Canoeing, Stand-Up Paddleboarding and more. Many of those who attended in the past had never been to Pismo and were determined to bring their families back on vacations and holidays.
● VetSurf/Surf on Saturdays surf clinics at Addie Street – We have combined these two programs and we do them weekly at the Addie Street wall. The program is open to all Veterans, First Responders and those locally living with disabilities. It is a perfect opportunity for these participants to form camaraderie and acceptance with other locals living with similar conditions and to grow new relationships with each other and with volunteers in the community. We have certified instructors on hand for those new to and have been regular local surfers join us to give back to the community. Our goal in these sessions is to help our participants to become self-sufficient in the ocean. Besides surfing we teach them ocean safety, equipment maintenance and surf etiquette.
● 9/11 Memorial Paddle Out - A memorial paddle-out is a symbol of surf culture and a traditional surf tribute to the life and legacy of people who passed away” Every year we host the 9/11 Paddle-Out south of the Pismo Pier as an opportunity for local surfers to pay tribute to the Veterans, First Responders, and civilians to those who gave their lives in the 9/11 attack and since in serving our nation in the war on terror.
● Summer Surf Camp - Starting in June we are offering summer surf mentorship camps.
These are 1-week camps for children between the ages of 5 and 14. Our certified instructors will teach the children how to surf or if they can already surf help to hone their skills.
Between surf sessions we use local skills to teach the children about beach and ocean sustainability, marine life, surf etiquette, equipment maintenance, ocean safety. Our goal is to mentor the children and hopefully guide them to becoming responsible ocean users and surfers.
AmpSurf is respectfully requesting the City of Pismo beach to help us accomplish our mission by making a $15,000 donation to help sponsor the disabled Veterans, police, firefighters, and other civilians’ adults and children so that they might participate in our Pismo Beach clinic events, and special programs this year. These funds will be used to cover cost of events held in Pismo beach that are in line with the cities goals and priorities and that benefit the city by having a minimum impact on city services including public works, traffic and parking, help keep our community clean, conserve resources, add to our community’s character and enhance the quality of life of our community members. We hope that you will again choose to support our overall efforts to share the healing power of adaptive surfing therapy and our amazing community.
Mahalo,
Mahalo,
Dana M. Cummings
AmpSurf L.S.P. Founder/President
USA Surfing, Team Member
P.O. BOX 1034
Pismo Beach, CA 93449
(805) 441-5271
Ampsurf 2022 General Budget Overview
INCOME
Individual Donations $20,260.00
Corp./Org. Donations $225,000.00
Fed Grant $125,000.00
Local Grants
(Gov/NonGov) $256,000.00
Store, Misc. Onetime $30,000.00
Total Income $656,260.00
EXPENSES Operations
Daily clinic costs $197,520.00
Operations Personnel $40,800.00
Contests/Sponsorships/Grants $352,740.00
Operations Personnel $25,000.00
Sub Total $550,260.00
Administrative
Staff (Office/Admin) $60,000.00
Bank Fees $1,000.00
Insurance (all) $14,000.00
Rent and Storage fees $10,000.00
Professional Fee’s $14,000.00
Office Supplies $2,000.00
Rental equipment $2,500.00
Phone/Internet $2,500.00
Sub Total $106,000.00 Total Expenses $656,260.00
For management use only
Management Report
AmpSurf
For the period ended December 31, 2021
Prepared by
AmpSurf
Prepared on
May 6, 2022
2/8
Table of Contents
Profit and Loss.......................................................................................................................................................3 Balance Sheet........................................................................................................................................................7 Statement of Cash Flows.......................................................................................................................................8
AmpSurf 3/8
Profit and Loss
January - December 2021
Total
INCOME
CONTRIBUTIONS - UNRESTRICED 182,411.63
Amazon Smiles 50.67
CFC Contributions 1,196.49
Contributions - other 73,126.76
Donation 8,461.35
Donations thru PayPal 7,215.39
Donations Thru Square 118.32
Donations.41,717.07
FB Donations 1,605.00
Total CONTRIBUTIONS - UNRESTRICED 315,902.68
Donations thru PayPalu 396.73
FUNDRAISING
Fundraising Event 2,468.48
Gold Coast CFC -355.00
Total FUNDRAISING 2,113.48
GRANTS - RESTRICTED FUNDS
Federal Government Grants 124,800.00
Total GRANTS - RESTRICTED FUNDS 124,800.00
IN-KIND CONTRIBUTIONS
In-Kind Donations Tangible Goods 4,013.02
Total IN-KIND CONTRIBUTIONS 4,013.02
MERCHANDISE SALES
Shipping Income 53.60
Total MERCHANDISE SALES 53.60
PRGSERV -INC
CLINICS
Surf Clinics
Refund -248.22
Surf Clinic deposit refund -650.00
Total Surf Clinics -898.22
Total CLINICS -898.22
INSTR SERV INCOME
Fees for Instructor Services 3,278.16
Total INSTR SERV INCOME 3,278.16
Total PRGSERV -INC 2,379.94
Uncategorized Income 3,350.00
Total Income 453,009.45
GROSS PROFIT 453,009.45
EXPENSES
ADMIN & OPERATIONS 4,197.60
Administrative Overhead 4,055.76
AmpSurf 4/8
Total
Accounting fees 450.00
Bank charges 103.15
Dues & Subscriptions 1,702.88
insurance - Liability 2,072.01
Licenses & Fees 3,956.07
Meetings expense 53.19
Misc expenses 330.00
Office Supplies 92.43
Postage 267.17
Rent, parking, other occupancy 195.50
Software Expense 1,874.86
Travel & meetings expenses
Travel 5.00
Total Travel & meetings expenses 5.00
Utilities-Phone 320.00
Total Administrative Overhead 15,478.02
Legal fees 25.00
Professional fees - other 425.54
Total ADMIN & OPERATIONS 20,126.16
Finance charge 7.20
FUNDRAISING.
Fundraising expense 172.87
Fundraising Expenses 915.44
Total FUNDRAISING.1,088.31
Payroll Expenses 2,600.00
Taxes 185.00
Total Payroll Expenses 2,785.00
PRGSERV - EXP 16.00
CLINICS - PRG
Surf Clinic Admin 125.00
Surf Clinic Equipment.
Equip rental & maintenance 280.00
Total Surf Clinic Equipment.280.00
Surf Clinic Operations 3,608.26
Surf Clinic Personnel Operations 2,005.73
Surf Clinic Travel 202.66
Total CLINICS - PRG 6,221.65
CONTEST - PRG 79,403.17
VETPRGS
CA PRG
CA - Admin 152.85
CA - Admin Personnel 1,471.21
CA - Oper Personnel 9,751.68
CA - Operations 26,650.05
AmpSurf 5/8
Total
CA - Supplies 8,479.94
CA - Travel 6,995.77
Total CA PRG 53,501.50
Contest VA PRG
Contest VA Admin 164.83
Contest Operations 11,892.17
Contest Personnel Admin 451.70
Contest Personnel Operations 3,338.85
Contest Supplies 393.64
Contest Travel 2,560.96
Total Contest VA PRG 18,802.15
INSTR-PRG
Instructor Admin 142.88
Instructor Operations 2,393.72
Instructor Personnel Admin 308.86
Instructor Personnel Operations 4,731.70
Instructor Supplies 392.86
Instructor Travel 667.60
Total INSTR-PRG 8,637.62
NE PRG
NE - Admin 125.02
NE - Admin Personnel 308.86
NE - Oper Personnel 2,731.70
NE - Operations 6,101.69
NE - Supplies 1,337.05
NE - Travel 2,048.86
Total NE PRG 12,653.18
NY PRG
NY - Admin 169.99
NY - Admin Personnel 1,308.86
NY - Oper Personnel 5,731.70
NY - Supplies 1,337.05
NY - Travel 789.64
NY- Operations 5,886.88
Total NY PRG 15,224.12
PNW PRG
PNW - Admin 242.88
PNW - Admin Personnel 308.86
PNW - Oper Personnel 7,231.70
PNW - Operations 6,697.48
PNW - Travel 1,775.31
PNW- Supplies 453.64
Total PNW PRG 16,709.87
VetSurf PRG
AmpSurf 6/8
Total
VetSurf - PERS-Admin 308.86
VetSurf - Personnel Operations 5,069.72
VetSurf Admin 142.76
VetSurf Operations 8,716.60
VetSurf Supplies 3,252.51
VetSurf Travel 2,061.62
Total VetSurf PRG 19,552.07
Total VETPRGS 145,080.51
Total PRGSERV - EXP 230,721.33
Uncategorized Expense 1,044.67
Z -FOR DANA TO ALLOCATE
Program Expenses
Insurance 21.88
PayPal Expenses 687.20
Program Travel
Repairs 310.26
Total Program Travel 310.26
Total Program Expenses 1,019.34
Total Z -FOR DANA TO ALLOCATE 1,019.34
Total Uncategorized Expense 2,064.01
Total Expenses 256,792.01
NET OPERATING INCOME 196,217.44
NET INCOME $196,217.44
AmpSurf 7/8
Balance Sheet
As of December 31, 2021
Total
ASSETS
Current Assets
Bank Accounts
B of A 325076683644 142,428.63
Cash -15.00
PayPal 15,925.25
Venmo 2,923.13
Total Bank Accounts 161,262.01
Accounts Receivable
Accounts Receivable 110,144.63
Reimbursement for Expenses -15.00
Total Accounts Receivable 110,129.63
Other Current Assets
Inventory 6,534.00
Uncategorized Asset 4,200.00
Total Other Current Assets 10,734.00
Total Current Assets 282,125.64
Fixed Assets
Accumulated depreciation -13,633.33
Trailer 11,000.00
Vehicles 7,000.00
Total Fixed Assets 4,366.67
TOTAL ASSETS $286,492.31
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Credit Cards
Credit card 60.50
Total Credit Cards 60.50
Total Current Liabilities 60.50
Total Liabilities 60.50
Equity
Opening Bal Equity -5,400.00
Partner Contributions
VA-Sports 2020 124,800.00
Total Partner Contributions 124,800.00
Unrestrict (retained earnings)-29,185.63
Net Income 196,217.44
Total Equity 286,431.81
TOTAL LIABILITIES AND EQUITY $286,492.31
AmpSurf 8/8
Statement of Cash Flows
January - December 2021
Total
OPERATING ACTIVITIES
Net Income 196,217.44
Adjustments to reconcile Net Income to Net Cash provided by operations:
Accounts Receivable -110,144.63
Reimbursement for Expenses 15.00
Uncategorized Asset -4,200.00
Credit card 60.50
Total Adjustments to reconcile Net Income to Net Cash provided by operations:-114,269.13 Net cash provided by operating activities 81,948.31
FINANCING ACTIVITIES
Unrestrict (retained earnings)-4,168.70
Net cash provided by financing activities -4,168.70
NET CASH INCREASE FOR PERIOD 77,779.61
Cash at beginning of period 83,482.40
CASH AT END OF PERIOD $161,262.01
DocuSign Envelope ID: AA447EEF-B2D2-4379-9D86-7A5CADFDF6CF
April 25, 2022
Julia Goodman
City of Pismo Beach
Administrative Services Department
760 Mattie Road
Pismo Beach, CA 93449
RE: Request for Funding of $10,000
Hello Julia,
Thank you for this opportunity to include the Basin Street Regulars among outside agencies who are allowed to request funds from the City. I am secretary and grant writer for the Basin Street Regulars. We are an all-volunteer organization who provides monthly jazz concerts with professional musicians at the Memorial Veteran's Hall in Pismo Beach. This group has also put on the Jazz Jubilee by the Sea for over 45 years, usually held the last weekend of October. It is a three day festival held at multiple venues and over 20 professional jazz bands.
Over the years, the City of Pismo Beach has been extremely supportive of this festival, helping with a sizable cash donation to offset the cost of the festival, approximately $200,000. In turn, we do publicize this event and bring many guests into the community. (See attached data from 2019 and 2020)
Our last live festival was held in 2019. In 2020 we did a virtual Jubilee and broadcast it via our You Tube Channel and Facebook. We canceled the 2021 Jubilee due to a resurgence of COVID and the lack of any available venues. The $10,000 donated by the City of Pismo Beach in 2021 was put aside for the next Jubilee.
At this point, we are tentatively planning a live Jubilee for 2023. Because the month of October is rather impacted with other City of Pismo events as well as other Jazz Fests in California, we are planning to move the Jubilee to January 12th through the 15th, 2023. The City of Pismo has often encouraged us to do that. There should be more availability and better prices for lodging in the area for our many guests.
At this point, we definitely have two venues, the Vet's Hall and St. Paul's Social Hall in Pismo Beach. We have always wanted to keep venues within the City of Pismo Beach; however there just have not been enough venues available within our budget constraints. We are continuing to search for any other venues in Pismo Beach. In the past, we used venues in Arroyo Grande. For January, we are hoping to secure the Community Center in Grover Beach, closer to Pismo and one that our shuttle service can get to without using the freeway.
We do not wish to appear greedy, but are asking if we may again apply for additional funds from the City of Pismo Beach. As everywhere in this country, the prices have increased for almost everything we need to put on this festival. We hire approximately 20 bands, pay each
DocuSign Envelope ID: AA447EEF-B2D2-4379-9D86-7A5CADFDF6CF
BASIN STREET REGULARS • www.pismojazz.com • PO Box 356, Pismo Beach, CA 93448
musician their performance fee, as well as their lodging and travel expenses. Our organization is heavily dependent on grants and donations, in addition to the event fees. All funds from the City of Pismo Beach will be used to pay the musicians, their lodging, and travel expenses.
This past year, the Basin Street Regulars made the transition to be a Non Profit Corporation. We are now Basin Street Regulars, Inc. Tax The 501( C ) (3 ) is applied for, and we should be receiving it by late May. The CPA has not yet completed our taxes, and as soon as we receive them, we will send them to you as a required part of this request for audited funds.
In reviewing the 2022 goals of the City of Pismo Beach, we believe the annual Jazz Jubilee fits best in the vision statement of “enhancing a vibrant tourist-based economy, while becoming a world-renowned tourist destination.”
You can be assured that all our volunteers will work hard to make sure this historical musical event enhances the charm of this area and encourages tourists to come and enjoy the City of Pismo Beach.
LaDean Talcott
Secretary and Grant Writer
Basin Street Regulars, Inc.
2022 Jazz Jubilee by the Sea
209-969-1104
118 Palisade Avenue Unit B
Pismo Beach, CA 93449
DocuSign Envelope ID: AA447EEF-B2D2-4379-9D86-7A5CADFDF6CF
BASIN STREET REGULARS • www.pismojazz.com • PO Box 356, Pismo Beach, CA 93448
Jazz Jubilee by the Sea 2023 Projected Budget
Source Income
Badge Sales 100,000
Thursday Night Ticket Sales 5000
Concessionaire/Vendor Fees 1500
Donations Received (General) 55,000
Grants(includes in-kind) 30,000
Livestream Donations 10,000
Cover Painting Raffle 0
Program Ads 500
Rabobank Interest 10
Misc. Income/Memorabilia 300
Total Income $202,310
Source Expense
Advertising (includes in-kind) 20,000
Badge Fabrication 1000
Badge Refunds 1500
Band Expenses(Videos0 50,000
Band Guest Artist Payments 75,000
Post-Festival Thank You Party 1500
Credit Card and Paypal Expense 800
Booster rewards 800
Equipment Purchase 250
Website Upgrade 500
Equipment Rental 2300
Hospitality Room 300
Misc. Expense/Tech Support 3000
Memorabilia Sales Expense 500
Office Supplies 550
Pianos 150
Postage 1100
Printing 7500
Security 500
Janitor 400
Shuttle Buses 8000
Sites 20,000
Total Expenses $195,650
DocuSign Envelope ID: AA447EEF-B2D2-4379-9D86-7A5CADFDF6CF
BASIN STREET REGULARS • www.pismojazz.com • PO Box 356, Pismo Beach, CA 93448
Jazz Jubilee by the Sea 2019 Attendance Report
Number of PAID Attendees
• All Events: 813
• Friday Only: 81
• Saturday Only: 168
• Sunday Only: 86
• Sponsors: 89 (1 badge per person)
• Patrons: 87
(figured @# of badges given)
1324
Musicians and companions 277
School Bands 135
Total Musicians (103 out of area) 412
Volunteers 100+
Approximate Total 1836
Hotel Survey
Includes attendees and volunteers
Type of Lodging # of
Rooms
Nights People
Motels 282 882 549
Private Homes 51 123 78
RV Parks 99 630 199
Vacation Rentals: AB&B/VRBO 15 47 38
Total 447 1682 864
Out of SLO County /Santa Maria
Attendees
388 1569 783
864 Attendees rented 447 Rooms
for 1682 Nights
Average Hotel/RV/VR
3.94%
Percentage of Reporting Attendees Who
Stayed in a Hotel/RV or VR
65%
Percentage of Attendees
Who Live Out of the SLO/SM area
(5% are from out of state including Australia)
90%
Badge Sales
3 day and 1 day badges
DocuSign Envelope ID: AA447EEF-B2D2-4379-9D86-7A5CADFDF6CF
BASIN STREET REGULARS • www.pismojazz.com • PO Box 356, Pismo Beach, CA 93448
Pismo Jazz Jubilee by the Sea
Virtual Jazz Jubilee 2020
This event was a combination of live streamed music and video recordings. The live stream production was done from an outdoor studio set up outside at the St. Anthony’s Portuguese Hall. A professional production company helped broadcast the event on Saturday, October 23rd via the Facebook Pismo Jazz Jubilee, the YouTube Pismo Jazz Jubilee, YouTube Basin Street Regulars.
Statistics: Saturday, October 23rd, 2020
Views: 4,500 Views
Reach: 7,213
Engagement: 2,942
Comments: 348
Statistics: Sunday, October 24,th, 2020
Views: 1,700
Reach: 18, 382
Engagement: 1,044
Comments: 189
YouTube Bonus Extravaganza (extra videos not included in the Jubilee Production Pismo Jazz Jubilee: 292 Views
Basin Street Regulars: 238 Views
Restream Day of Reporting: Includes Facebook Pismo Jazz Jubilee; YouTube Pismo Jazz Jubilee; YouTube Basin Street Regulars
October 24, 2020
340 Viewers
4036 Views
October 25, 2020
214 Viewers
2170 Views
Community Action Partnership of San Luis Obispo Co. Inc.
1030 Southwood Drive, San Luis Obispo, CA 93401 (805)
544-4355 • Fax (805) 549-8388
www.capslo.org
April 26, 2022
City of Pismo Beach
Attention: Julia Goodman
760 Mattie Road
Pismo Beach, CA 93449
Dear Ms. Goodman,
Thank you to the City of Pismo Beach for its past support of the Community Action Partnership of San Luis Obispo County, Inc. (CAPSLO) programs, which enables our work in your community. CAPSLO is honored to have the opportunity to be considered for funding during FY 22/23. CAPSLO’s Energy Services’ Minor Home Repair Program is requesting $5,000 to provide home repair projects for low-income senior residents of Pismo Beach.
1. Intent of use for the requested funds
CAPSLO offers the Minor Home Repair Program, which provides assistance with basic home repairs for lower income residents in San Luis Obispo County. The program targets low-income individuals, seniors, and disabled residents who lack sufficient resources to have repairs completed in their home. When screening clients in need, several factors are considered including health and safety, disability, economic need, and age.
Home repair services include installation of safety devices, such as wheelchair ramps and lifts, grab bars, handrails, smoke alarms, carbon monoxide (CO) detectors, widening of entryways and hallways, and handheld showerheads, minor plumbing, carpentry, electrical, and drywall. Minor Home Repair is funded by the Area Agency on Aging (AAA), Community Development Block Grant funds and support from the City of Pismo Beach. AAA funding is limited and only available to seniors age 60 plus. Funding from the City of Pismo Beach will enable the Minor Home Repair Program to assist those who cannot be served by AAA funds and increases accessibility in the individual homes.
2. How the requested funds will be used to benefit the City of Pismo Beach Requested funds will be used to benefit the City of Pismo Beach by providing low-income residents with minor home repairs so they can stay in their homes, gain increased accessibility throughout their homes, and live independent lives. These enhancements improve quality of life and help seniors avoid living with their children or costly assisted living. In 2021, CAPSLO Energy Services provided 64 Pismo Beach households with Energy Services – 30 Pismo Beach households received assistance with their utility bills; 18 households received assistance with minor home repair. Energy Services also provided free weatherization services to 16 households with funding from other sources, which assists low-income residents with their energy costs.
3. How the requested funds help achieve the Fiscal Year 2022 & 2023 City Goals CAPSLO’s Energy Services aligns with the City of Pismo Beach’s FY 22/23 goals of “Public Safety” and “Community Character and Quality of Life for Residents” by directly making Pismo residents’ homes up to safety code and more accessible. The Minor Home Repair program enables residents to remain independent and in their homes by constructing and installing handicapped access improvements; removing architectural barriers; and by bringing their homes up to health and safety standards and addressing building code
violations. These improvements help maintain the longevity and quality of these homes and consequently, the local neighborhoods. Clients are interviewed to assess their needs and can be cross-referred to CAPSLO programs and other community resources. Priority is given to clients who are severely disabled, lower income, or who do not have other resources or family members to assist them. Repairs will be carried out by Energy staff who work under CAPSLO’s contractor’s license #623259.
Thank you for your consideration of this request for funding to provide these valuable Energy services in Pismo Beach.
Sincerely,
Elizabeth “Biz” Steinberg,
Chief Executive Officer
Community Action Partnership of San Luis Obispo Co. Inc.
1030 Southwood Drive, San Luis Obispo, CA 93401 (805)
544-4355 • Fax (805) 549-8388
www.capslo.org
April 26, 2022
City of Pismo Beach
Attention: Julia Goodman
760 Mattie Road
Pismo Beach, CA 93449
Dear Ms. Goodman,
Thank you to the City of Pismo Beach for its past support of the Community Action Partnership of San Luis Obispo County's (CAPSLO) programs, which enables our work in your community. CAPSLO is honored to have the opportunity to be considered for funding during FY 22/23. CAPSLO’s Center for Health and Prevention (The Center) is requesting $5,000 to provide free to low-cost family planning and reproductive health services to men, women, teens, and undocumented individuals living in Pismo Beach.
1. Intent of use for the requested funds
CAPSLO's The Center has been a provider of quality, caring, confidential reproductive health services for low- income, uninsured, marginalized and underserved members of our community for over 50 years. The Center has two locations, one in San Luis Obispo near Cal Poly, and one in Arroyo Grande that serves the Five Cities communities. Clinic hours are Monday through Friday, from 8:30 am to 5:30 pm (5:00 on Friday), with walk-ins welcome and same-day appointments available. No one is turned away for inability to pay. The clinic is ADA accessible and has bilingual/bicultural staff.
Funding for The Center will support the services offered in the Arroyo Grande clinic, including sexual health education, pregnancy testing and counseling, testing for cervical and testicular cancers, all contraceptive methods and emergency contraception (Plan B), testing and treatment for sexually transmitted infections (STIs), HIV and Hepatitis C testing and referrals, menopausal services, pap smears, and treatment for abnormal pap tests.
For 26 years, the Teen Wellness Program has operated to promote healthy behaviors among teens in our community. Local teens (wellness providers) are hired to work as medical assistants in the clinic, providing teen-only hours and a teen-friendly atmosphere helps put patients at ease. Patients are encouraged to come with their friends and partners to ask questions, get tested, access contraception, and support each other. Teen Wellness Providers are offered youth development opportunities and career training: they participate in in- service training, team-building workshops.
2. How the requested funds will be used to benefit the City of Pismo Beach Requested funds will be used to benefit the City of Pismo Beach by providing comprehensive reproductive health services to residents. The Center is the only reproductive health clinic that is free of charge (the Public Health Department does not provide reproductive health services). For low-income people without health insurance, The Center’s convenient location on Grand Avenue in Arroyo Grande provides easy access to available reproductive health care. No one is turned away for inability to pay.
Center revenue has decreased in the last two years due to the incapability to see large numbers during the pandemic and a decrease in Federal Title X family planning funds. During 2021, The Center clinics served 118 unduplicated clients (214 visits) from Pismo Beach. These numbers are considerably lower than pre-pandemic years (down from 146 clients and 268 in 2019), but we expect them to increase now that pandemic restrictions have eased.
3. How the requested funds help achieve the Fiscal Year 2022 & 2023 City Goals The services The Center provides coincide with the City of Pismo Beach’s FY 22/23 goals of “Public Safety” and “Community Character and Quality of Life for Residents” by providing low or no-cost preventative reproductive health and family planning services for Pismo Beach residents. Pregnancy and STI prevention saves local taxpayers’ dollars: the CDC reported that STI treatment alone amounts to over $16 billion in lifetime medical costs in 2018 (CDC, 2021). Effectively educating and providing contraception to teens reduces the number of unplanned pregnancies, births, STI’s and HIV. This gives teens the opportunity to continue their education, pursue a career or vocation, avoid social and economic costs associated with early childbearing, and decreases the number of children born into poverty. The estimated annual U.S. taxpayer savings of evidence-based teen pregnancy intervention is over $356 million (Thomas, 2012). Funding from the City of Pismo Beach will enable The Center in Arroyo Grande to provide sexual and reproductive health services to adult and teen residents of all genders who reside in Pismo Beach during FY 22/23. Funds will also ensure that low-income adults receive adequate health care. Clients are referred to partner service agencies for preventative and other health care needs.
Thank you for the consideration of this request for funding to provide vital health care services to residents of Pismo Beach.
Sincerely,
Elizabeth “Biz” Steinberg,
Chief Executive Officer
Community Action Partnership of San Luis Obispo Co. Inc.
1030 Southwood Drive, San Luis Obispo, CA 93401 (805)
544-4355 • Fax (805) 549-8388
www.capslo.org
April 26, 2022
City of Pismo Beach
Attention: Julia Goodman
760 Mattie Road
Pismo Beach, CA 93449
Dear Ms. Goodman,
Thank you to the City of Pismo Beach for your support of the Community Action Partnership of San Luis Obispo County, Inc. (CAPSLO) programs and for the opportunity to be considered for funding during FY 22/23. CAPSLO is requesting $4,500 to provide homeless services to Pismo Beach residents through the 40 Prado Homeless Services Center.
1. Intent of use for the requested funds
CAPSLO has provided comprehensive homeless services to individuals and families since 1989. The 40 Prado Homeless Services Center, located in the City of San Luis Obispo, "sets a path" to end homelessness by assisting clients in stabilizing their lives so that they can increase their economic security and eventually obtain permanent and affordable housing. 40 Prado is a 100-bed overnight aggregate shelter which provides meals, overnight shelter, case management, onsite primary medical care, mental health and substance abuse services (SLO-HUB), services for veterans, recuperative care for those discharged from the hospital, early childhood education, mail/phone services, shower and laundry facilities, and companion animal kennels. For individuals who cannot or refuse to sleep indoors in the shelter (such as those who do not wish to kennel their pets or victims of prior sexual assault), 40 Prado offers a safe parking alternative on site, where individuals utilize other shelter services, but sleep overnight in their cars. Participants are assigned a Case Manager to assist with finding stable housing.
Prior to the COVID-19 pandemic, 40 Prado served 1,517 homeless individuals, including nearly one-third over age 65 annually. Costs of operating the center are ongoing and we anticipate the need to provide services will increase as the number of homeless individuals and those at-risk of homelessness rises with the local housing crisis. It is critical to maintain funding for current program costs and staffing in order to provide safe and stable services for potentially 1,500 individuals during FY 22/23. Funds will be used for program expenses of staff maintenance, utilities, building and equipment repair, breakfasts and dinners, laundry, and administrative costs.
2. How the requested funds will be used to benefit the City of Pismo Beach CAPSLO partners with 5Cities Homeless Coalition, whose focus is on southern SLO County, and the El Camino Homeless Organization (ECHO) who focuses on northern SLO County, using the Coordinated Entry System to provide a system of screening, diversion, and case management services to homeless individuals and families throughout the county. 40 Prado receives participants from all over SLO County. Homeless individuals and families across the county are connected to benefits, medical and behavioral health care, community resources, available employment training and workforce programs, and other supportive services that promote long-term health and housing stability.
During the pandemic, 40 Prado was limited to half the intake capacity. 40 Prado served 508 individuals in 2021.
Twelve individuals with a last known or current address in Pismo Beach received services provided by 40 Prado. Requested funds will be used to directly provide homeless services for residents with a last known address located in Pismo Beach.
3. How the requested funds help achieve the Fiscal Year 2022 & 2023 City Goals 40 Prado achieves the City of Pismo Beach’s FY 22/23 goals of “Public Safety” and “Community Character and Quality of Life for Residents” by focusing on the safety of the homeless resident population and improving quality of life for those living on the streets. 40 Prado is the very definition of a “Safe Place.” It is shelter from the storm, no matter what that storm is. Those who are a paycheck short of making rent are welcome; a mother with three little ones who was just laid off is welcome; and so is a senior whose spouse recently died and they can no longer make it on their own. Clients who experience unexpected setbacks caused by illness, loss of a job, or other sudden circumstances beyond their control are considered qualified if they are also income-eligible.
However, most clients are very-low or no income (below 200% of the FPL).
To reach these individuals, a trusting relationship with outreach staff is used to help them utilize day services at 40 Prado, where they can be entered into the coordinated entry system, and receive behavioral health care, primary health care, counseling for substance use disorder and other wrap around services. Moving homeless individuals who are living on the streets and in encampments into the shelter at night or into the Safe Parking program benefits the entire Pismo Beach community and its thriving tourist industry.
Thank you for your consideration of this request for funding to help support homeless participants on the path to self-sufficiency.
Sincerely,
Elizabeth “Biz” Steinberg,
Chief Executive Officer
COMMUNITY ACTION PARTNERSHIP OF
SAN LUIS OBISPO COUNTY, INC.
REPORT ON EXAMINATION OF FINANCIAL STATEMENTS
AND ADDITIONAL INFORMATION
FOR THE YEAR ENDED
MARCH 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
REPORT ON EXAMINATION OF FINANCIAL STATEMENTS
AND ADDITIONAL INFORMATION
MARCH 31, 2021
TABLE OF CONTENTS
Page
Independent Auditor's Report 1
FINANCIAL STATEMENTS
Statement of Financial Position 3
Statement of Activities 4
Combining Statement of Revenue and Expense by Functional Program 5 Statement of Cash Flows 7
Notes to Financial Statements 8
ADDITIONAL INFORMATION
Schedule of Expenditures of Federal Awards 21
Note to Schedule of Expenditures of Federal Awards 24
Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 25 Independent Auditor's Report on Compliance for Each Major Federal Program and on Internal Control Over Compliance Required by the Uniform Guidance 27 Supplemental Schedules:
Statements of Revenue and Expense:
Department of Community Services and Development —
CSBG Discretionary Award for 6/1/19-5/31/20 29
Department of Community Services and Development — CSBG 30 Department of Community Services and Development —
CSBG Discretionary Award for 1/1/20-5/31/21 31
Department of Community Services and Development —
CSBG CARES Act Award 3/27/20-5/31/22 32
Department of Community Services and Development —
CSBG CARES Act Discretionary Award 3/27/20-5/31/22 33
Head Start/Early Head Start Programs — San Luis Obispo County 34 Department of Health and Human Services —
Early Head Start Child Care Partnership Program 35
Page
Head Start/Early Head Start Program — Northern San Diego County 36 Department of Health and Human Services —
Head Start/Early Head Start Programs — Monterey County 37 Department of Health and Human Services —
Migrant and Seasonal Head Start/Early Head Start 38
Department of Health and Human Services —
Migrant and Seasonal Early Head Start Child Care Partnership Program 39 Department of Health and Human Services —
Migrant and Seasonal Early Head Start Child Care Partnership Program 40 Department of Health and Human Services —
Migrant and Seasonal Early Head Start Child Care Partnership Program 41 Essential Access Health —
Federal Title X — Family Planning —#778-5320-71209-20-21 42 State of California Department of Health Services —
Family Planning and Clinical Program: F-PACT 43
San Luis Obispo County —
Federal Emergency Management Agency/Emergency Food and
Shelter Program (FEMA/EFSP) 44
U.S. Department of Veterans Affairs —
Supportive Services for Veteran Families (SSVF) #18-CA-358 45 Area Agency on Aging CAA# 90102A — San Luis Obispo —
Home Repair Services 46
Area Agency on Aging CAA# 90102B — Santa Maria —
Home Repair Services 47
Area Agency on Aging CAA# 90102C —
Adult Day Services IIIB Funding 48
Area Agency on Aging CAA# 90102D —
Adult Day Services IIID Funding 49
Area Agency on Aging CAA# 01102A — San Luis Obispo —
Home Repair Services 50
Area Agency on Aging CAA# 01102E — Santa Maria —
Home Repair Services 51
Area Agency on Aging #FP102A — San Luis Obispo —
State — Dignity at Home Fall Prevention 52
Area Agency on Aging #FP102B — Santa Maria —
State — Dignity at Home Fall Prevention 53
Area Agency on Aging CM# 01102C —
Adult Day Services IIIB Funding 54
Area Agency on Aging CAA# 01748H —
Adult Day Services AAAN HR748 Funding 55
Page
Department of Community Services and Development —
Department of Energy (DOE) 56
Department of Community Services and Development —
Department of Energy (DOE)
Disgorgement Assistance Program (DAP): Weatherization 57 Department of Community Services and Development —
Department of Energy (DOE)
Disgorgement Assistance Program (DAP):
/Assurance 16 / Home Energy Assistance Program (HEAP) 58 Department of Community Services and Development —
Low Income Housing Energy Assistance Program (LIHEAP): Weatherization 59 Department of Community Services and Development —
LIHEAP: Energy Crisis Intervention Program (ECIP) / Assurance 16 / Home Energy Assistance Program (HEAP) 60
Department of Community Services and Development —
LIHEAP: Weatherization 61
Department of Community Services and Development —
LIHEAP: Energy Crisis Intervention Program (ECIP) / Assurance 16 / Home Energy Assistance Program (HEAP) 62
Department of Community Services and Development —
CARES LIHEAP: Weatherization 63
Department of Community Services and Development —
CARES LIHEAP: Energy Crisis Intervention Program (ECIP) / Assurance 16 / Home Energy Assistance Program (HEAP) 64
Department of Community Services and Development —
LIHEAP: Weatherization 65
Department of Community Services and Development —
LIHEAP: Energy Crisis Intervention Program (ECIP) / Assurance 16 / Home Energy Assistance Program (HEAP) 66
Schedules of Expenditures for State Funded Child Care Programs:
Schedule of Expenditures for State Funded Child Care Programs 67 Resource and Referral Programs 68
Alternative Payment Programs 69
Child Care Resource Center— Other Programs 70
State Migrant Programs 71
Center -Based and Family Child Care (FCC) Programs 72
SCHEDULE OF FINDINGS AND QUESTIONED COSTS 73
BROWN
ARMSTRONG
C‘-unto-ro Hi
INDEPENDENT AUDITOR'S REPORT
Board of Directors
Community Action Partnership of
San Luis Obispo County, Inc.
San Luis Obispo, California
Report on the Financial Statements
www.ba.cpa
661-324-4971
We have audited the accompanying financial statements of Community Action Partnership of San Luis Obispo County, Inc. (the Agency), which comprise the statement of financial position as of March 31, 2021; the related statement of activities. combining statement of revenue and expense by functional program, and statement of cash flows for the year then ended; and the related notes to the financial statements.
Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Agency's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Agency's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
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Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Agency as of March 31, 2021, and the changes in its net assets, revenue and expense by functional program, and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Other Matters
Other Information
Our audit was conducted for the purpose of forming an opinion on the financial statements as a whole.
The statements of revenue and expense and schedules of expenditures for state funded child care programs are presented for purposes of additional analysis and are not a required part of the financial statements. The accompanying schedule of expenditures of federal awards, as required by Title 2 U.S.
Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, is presented for purposes of additional analysis and is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated, in all material respects, in relation to the financial statements as a whole.
Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated October 21, 2021, on our consideration of the Agency's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Agency's internal control over financial reporting and compliance.
Report on Summarized Comparative Information
We have audited the financial statements of the Agency. as of March 31, 2020, and expressed an unmodified opinion on those financial statements in our report dated September 30, 2020. In our opinion, the summarized comparative information presented herein as of and for the year ended March 31, 2020, is consistent, in all material respects, with the audited financial statements from which it has been derived.
Bakersfield, California
October 21, 2021
BROWN ARMSTRONG
ACCOUNTANCY CORPORATION
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2 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF FINANCIAL POSITION
MARCH 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
Without Total All Funds
Donor With Donor
Restrictions Restrictions 2021 2020
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents $ 4,146,224 $ - $ 4,146,224 $ 3,321,118 Grants and Accounts Receivable 13,089,794 11,302 13,101,096 9,349,568 Inventory (Note E) 56,944 56,944 63,755
Prepaid Expenses 146,550 146,550 155,211
TOTAL CURRENT ASSETS 17,439,512 11,302 17,450,814 12,889,652 PROPERTY AND EQUIPMENT, Net (Note F) 16,603,898 - 16,603,898 16,372,994 DEPOSITS 73,684 - 73,684 71,922
TOTAL ASSETS $ 34,117,094 $ 11,302 $ 34,128,396 $ 29,334,568
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Lines of Credit (Note G)
Current Portion - Notes Payable (Note H)
Accounts Payable and Accrued Liabilities
California Department of Education Reserves
Unearned Deferred Income
$ 450,000 S
95,311
6,015,401
1,935,717
7.189,244
$ 450.000 $ 650,068
95,311 95,311
6,015,401 5,323,123
1,935,717 394,936
7,189,244 4,862,618
TOTAL CURRENT LIABILITIES 15,685,672 15,685,672 11,326,056 NOTES PAYABLE (Note H) 650,734 650,734 700,317
NET ASSETS (Note C) 17,780,688 11,302 17.791.990 17,308,195 TOTAL LIABILITIES AND NET ASSETS $ 34,117,094 $ 11,302 $ 34,128,396 $ 29,334,568 See Notes to Financial Statements.
3 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED MARCH 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
REVENUE AND SUPPORT
Federal Grants and Contracts
State Revenue
City and County Revenue
Corporate and Foundation Revenue
Participant Support
Donations and Fundraising
Other Income, including Interest
In -Kind Revenue
Net Assets Released from Donor
Restrictions (Note D)
Satisfaction of Program Restrictions
Total Revenue and Support
EXPENDITURES
General Fund
Community Services Block Grant and
Administration
Head Start and Early Head Start
Migrant and Seasonal Head Start
State Child Development Programs
Child Care Resource and Referral
Child Care Food Programs
Health and Prevention Services
Housing Support, Sheltering, and
Veterans Services
Energy Conservation Programs
Family Support Services
Total Expenditures
CHANGE IN NET ASSETS
ADJUSTMENTS TO NET ASSETS
Changes in Property, Equipment, and
Other Net Assets
NET ASSETS, Beginning of the Year
NET ASSETS, End of the Year
Without
Donor
Restrictions
$ 59,626,655
24,390,426
5,810,047
1,776,367
377,623
693,874
40,080
3,997,425
8,701
96,721,198
188,922
484,243
20,971,937
36,199.552
9,743.853
15,253,409
1,485,255
2,660.502
5,279,050
2,472.840
1,756.787
96,496,350
224,848
256,346
17,299,494
$ 17,780,688
With Donor
Restrictions
11,302
(8,701)
2,601
2,601
8,701
11,302
Total All Funds
2021
$ 59,626,655
24,401,728
5,810,047
1,776,367
377,623
693,874
40,080
3,997,425
2020
$ 59,716,247
25,543,770
4,829,048
1,638,853
618,989
821,183
55,400
5,079,923
96,723,799 98,303,413
188,922 94,487
484,243 324,726
20.971,937 18,884,981
36,199,552 38,717,224
9,743,853 11,916,239
15, 253, 409 14,108, 081
1,485,255 2,262,351
2.660,502 3,334,977
5,279,050 3,750.196
2,472,840 2,620,193
1,756,787 1,672.213
96,496,350 97,685,668
227,449 617,745
256,346
17,308,195
$ 17,791,990
(203,400)
16,893,850
$ 17,308,195
See Notes to Financial Statements.
4 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
COMBINING STATEMENT OF REVENUE AND EXPENSE BY FUNCTIONAL PROGRAM FOR THE YEAR ENDED MARCH 31, 2021
REVENUE
Federal Grants and Contracts
State Revenue
City and County Revenue
Participant Support
Corporate and Foundation Revenue
Donations and Fundraising
Other Income, including Interest
In -Kind Revenue
TOTAL REVENUE
EXPENDITURES
Personnel Costs
Employee Benefits
Volunteer Services In -Kind
Service Provider Payments
Consultants, Legal, and Audit
Subcontractors In -Kind
Materials and Supplies
Travel and Transportation
Repairs and Maintenance
Training and Seminars
Rent
Space In -Kind
Utilities and Telephone
Insurance
Capital Purchases
Human Resource Support Costs
Medical and Participant Costs
Postage, Printing. and Other
Other In -Kind
Interest and Depreciation Expense
Delegate Agency Services
Indirect Expense
TOTAL EXPENDITURES
CHANGE IN NET ASSETS
3,230
4,372
21,660
3,402
13.742 (6.253.996)
188,922
CSBG and
General Fund Administration
$
134,511
76.355
9,685
220,551
121,715
1,997
18,534
$ 484,243
Head Start
and Early
Head Start
Migrant and
Seasonal
Head Start
State Child
Development
Programs
$ 18,598,728 $ 34,662,271 $
5,579
47,429 25,100
63,049
396 12
2,325,384 1,443,541
9,705,632
37,601
620
484,243 20,971,937 36,199,552 9,743,853
3,654,060 9,078,974 12,869,123 5,152,875
1,292,828 3,556,115 4,573,503 2,133,446
- 360,941 675,959 -
2,349 815,660 4,190,044 417,396
433,111 1,049,844 180,817 34,855
1,574,460 72,852
232.572 1,068,408 2,255,642 483,519
7,351 92,188 196,979 20,190
296.873 316,543 754,094 240,240
269 37,685 119,409 300,295 18,784
176,391 620,523 697,864 228,812
- 376,885 671,116
99,335 230,852 446,372 135,737
232,727 77,426 167,316 32,520
114,908 453,892 63,275
228,939 62,504 173,536 35,662
28,382 78,849 4,397
44,017 42,103 89,112 25,066
- 13,098 23,614 -
- 5,170,689 -
1,372,715 2,157,884 717,080
484,243 20,971,937 36,199,552 9,743,853
$ 31,629 $ $ - $ $
See Notes to Financial Statements.
5 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
COMBINING STATEMENT OF REVENUE AND EXPENSE BY FUNCTIONAL PROGRAM (Continued) FOR THE YEAR ENDED MARCH 31, 2021
Child Care
Resource and
Referral
12,680,235
2,271,036
282,168
4,320
455
14,397
Child Care
Food
Programs
$ 1,485,255
15,252,610 1,485,255
Health and
Prevention
Services
Housing
Support,
Sheltering,
and Veterans
$ 776.091 $ 2,378,019
1,675,169
305,429 1,783,556
15,098
33,229
25,728
4.746
474,974
518,805
1,355
129,868
2,835,490 5,286,578
Energy
Conservation
Programs
$ 1,185,928
34,931
132,577
1,060,241
4,100
23,207
45,959
2,486,944
Family
Support
Services Total All Funds
$ 56,121
300,182
1,244,921
42,756
10,363
64,157
13 38,276
$ 59,626,655
24,401,728
5,810,047
377,623
1,776, 367
693,874
40,080
3,997,425
1,756,787 96,723,799
1,741,437 162,715 1,283,474 1,672,072 916,753 973,162 37,504,646 543,988 60.792 417.654 595.416 327,811 318,092 13,819,645 6,717 65,359 - 1,228 1,110,204
10,974,706 764,104 1.617 1.150,759 17,273 58,495 18,514,118 1,980 7,046 47,740 204,161 - 87,721 2,047,273
21.593 45,959 - 1,714,864
564,349 378,876 128,030 192,886 750,720 64,586 6,121,586 1,378 9,299 5.124 36,450 62,348 9,160 440,467
68,127 14,992 61,090 85,955 44,380 12,580 1,913,407
15,244 1,052 11,456 1,454 1,548 987 508,183
122,820 10,548 17,484 70,675 51,603 35,223 2,031,942
- 36,948 1,084,948
29,352 13,300 44,671 59,109 17,551 22,027 1,098,305
4,012 - 26,166 22,916 12,255 578,567
- 694,235 - 1,326,309
26,281 1,886 51.641 25.243 8,139 5,393 623,596
5 310,138 183 - 421,954
22,890 7,903 24.110 11.602 36,731 3,789 328,984
7,680 - 42,916 - 100 87,409
35.676 10,176 49,254
- - - 5,170,689
1,122,449 52,737 194,432 315,893 179,769 127,297 -
15,253,409 1,485,255 2,660,502 5,279,050 2,472,840 1,756,787 96,496,350 $ (799) $
$ 174,988 $ 7,527 $ 14,104 $ - $ 227,449
See Notes to Financial Statements.
6 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED MARCH 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
Without Total All Funds
Donor With Donor
Restrictions Restrictions 2021 2020
Cash Flows From Operating Activities
Change in net assets $ 224.848 $ 2,601 $ 227,449 $ 617,745 Adjustments to reconcile change in net assets
to net cash provided by (used in) operating activities:
Depreciation 35,832 - 35,832 32,199
Changes in assets and liabilities:
(Increase) decrease in assets:
Grants and accounts receivable (3,742,827) (8,701) (3,751,528) (1,534,291) Inventory 6,810 6,810 3,696
Prepaid expenses 8.661 8,661 56.064
Deposits (1,763) (1,763) (6,962)
Increase (decrease) in liabilities:
Accounts payable and accrued liabilities 692,278 692,278 996,376 California Department of Education Reserves 1,540,781 1,540,781 1,476 Unearned deferred income 2,326,625 2,326,625 2,685,776
Net cash provided by (used in) operating activities 1,091,245 (6,100) 1,085,145 2,852,079
Cash Flows From Investing Activities
Asset purchases, less retirements (10,388) (10,388) (80,329) Assets charged to restricted net assets
Net cash (used in) provided by investing activities (10,388) (10,388) (80,329) Cash Flows From Financing Activities
Proceeds received from line -of -credit 450,000 450,000 Payments made on Tine -of -credit, less interest of
$23,600 and $30,023, respectively (650.068) (650,068) (733.552) Payments made on notes payable, Tess
interest of $51,812 and $55.038, respectively (49,583) (49,583) (70,297) Net cash (used in) provided by financing activities (249,651) (249,651) (803,849) Net increase (decrease) in cash and
cash equivalents 831,206 (6,100) 825,106 1,967,901
Cash and Cash Equivalents:
Beginning of Year 3,315,018 6,100 3,321,118 1,353,217
End of Year
Supplemental Information
Interest paid
Non -cash items: in -kind donations received
$ 4,146.224 $ - $ 4,146,224 $ 3.321,118
$ 55,597 $ 75,412
S 3,997,425 $ 5,079,923
See Notes to Financial Statements.
7 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE A — MAJOR PROGRAM ACTIVITIES
Community Action Partnership of San Luis Obispo County, Inc., (the Agency) was founded as a nonprofit public benefit corporation in December 1965. The Agency was organized for the purpose of directing available public and private resources for a coordinated effort in the prevention of poverty and the circumstances that perpetuate it. The Agency is primarily funded through federal, state, and local government units.
General Fund
The General Fund accommodates a small number of activities that foster community awareness and has unrestricted activities which support other programs of the Agency.
Administration and Community Services Block Grant
Administration contains all indirect costs that are charged out to programs based on the Agency's approved indirect cost rate from the United States Department of Health and Human Services. It also separately accounts for the Community Services Block Grant (CSBG) funds that support both program and administrative activities.
Head Start, Early Head Start, and Early Head Start Child Care Partnership Programs The Head Start and Early Head Start Programs operate in San Luis Obispo, Kern, San Diego, and Monterey counties, offering 776 Head Start and 466 Early Head Start income -eligible and at -risk children, pregnant women, and families a comprehensive program responding to their emotional, social, health, and nutritional needs. Through community participation, staff development, and family involvement, the Agency's goal is to provide children a successful beginning, leading to a better future, and help parents move toward self-sufficiency.
The Early Head Start Child Care Partnership grant operates in San Luis Obispo, Kern, and San Diego counties. The funds provide for collaborative relationships with local partners to deliver comprehensive child care services to 164 additional Early Head Start children birth to three years old and pregnant women in disadvantaged communities within these counties.
Migrant and Seasonal Head Start (MSHS)/Migrant and Seasonal Early Head Start (MSEHS) and Migrant Early Head Start Child Care Partnership Programs
The MSHS and MSEHS Programs provide low-income migrant and seasonal farmworker families with programs that serve 2,146 children from pre -natal stages to five years of age. The high -quality, comprehensive child development programs operate in the nine California counties of Fresno, Kern, Monterey, Orange, San Benito, San Joaquin, San Luis Obispo, Santa Barbara, and Ventura. Full -day services are provided in center -based and family child care options that operate five days per week for 7- 8 months during peak agricultural periods. Community Action Partnership of Madera County, our delegate agency, provides services for 519 children in Fresno County.
The Migrant Early Head Start Child Care Partnership grants operate in Fresno, Kern, Monterey, Orange, San Benito, San Joaquin, Santa Barbara, and Ventura counties. These grants enable the Agency to meet the unique needs of 534 migrant at -risk children and pregnant moms who work in the agricultural fields throughout the eight -county service area. Community Action Partnership of Madera County, our delegate agency, provides services for 30 of the children in Fresno County. 8 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE A — MAJOR PROGRAM ACTIVITIES (Continued)
State Child Development Programs
The program provides high -quality, full and part -day child care for approximately 891 children, birth through five years of age, in 8 counties: San Luis Obispo, Monterey, San Joaquin, San Diego, Ventura, Santa Barbara, Kern, and Fresno. Families typically pay a fee for services provided based on their income and an established sliding scale. During the year most of these fees were waived due to COVID-
19. Child Care Resource Connection (CCRC)
The Agency's Child Care Resource Connection (CCRC) helps parents and community members find child care through the Resource and Referral Program. The Alternative Payment Program provides eligible parents/caretakers with financial assistance to offset child care costs to pursue job training, employment, or further their education. The program served 1,673 children from 1,002 families and also offered training and licensing assistance to those who wanted to become child care providers. A Toy and Resource Library, open to the public, connects families with local and state resources dedicated to creating a safe environment for all children.
The Child Care Planning Council, housed within CCRC, serves as the lead implementing agency for the local Quality Rating and Improvement System. Services were delivered to 96 programs including private and publicly funded center -based sites and family child care homes. Additionally, the program provided 47 trainings and awarded $16,780 in stipends to 242 early care and education professionals.
Child Care Food Programs
The programs provide healthy meals to children eligible to participate in the Child Care Food Program administered by the California Department of Education. Approximately 807,042 meals were served to children, 476,309 of those were to children enrolled in child care through the CCRC program. The remaining meals were served to center -based children in San Luis Obispo County and in our outlying service areas extending from San Diego County in the south to San Joaquin County in the north.
Health and Prevention Services Programs
The programs provide reproductive health care medical services, education, and advocacy. The focus is on prevention: age -appropriate sexuality education for county school districts; youth development, free to low cost reproductive health care services including teen peer clinics. and menopausal services, as well as health screening and education clinics for seniors and the removal of gang and anti -social tattoos.
The two clinics, located in the cities of San Luis Obispo and Arroyo Grande, served 4,903 unduplicated clients; youth programs served 923 clients. The tattoo removal program, located in a local hospital, only served 3 clients due to the inability to have clients enter the premises. The laser system is now relocated to the Arroyo Grande Clinic. The Adult Wellness Program provided outreach and COVID-19 supplies to local seniors; a decision was made to cease operations and close the program in December 2020.
Sheltering and Veterans Services Programs
Through the Coordinated Entry Program. staff worked to assess client needs and provide referrals to assist in securing available public resources for 1,381 clients. Case managers worked with 590 persons to stabilize income and/or obtain permanent housing or housing support. 9 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE A — MAJOR PROGRAM ACTIVITIES (Continued)
Sheltering and Veterans Services Programs (Continued)
Homeless Service programs shelter, feed, and offer an array of services to those facing a housing crisis throughout San Luis Obispo County, with the goal of helping individuals achieve stability and self- sufficiency. Volunteers, an integral part of the program, who help with meals and fundraising were cut off from serving in the shelter due to COVID-19 restrictions and our safe policies. 23,714 total shelter nights were provided through our evening program. The Agency also provided a safe parking program operated seven days a week and a seasonal warming station. A total of 41,964 breakfasts and dinners were provided.
Additional services include day sheltering, laundry services, mental health counseling, AA/NA groups, a pet kennel, and access to social services for approximately 65 individuals daily. Community Health Centers of the Central Coast are also offering on -site at 40 Prado Homeless Services Center primary care services four days a week.
Veterans Programs include the Supportive Services for Veteran Families program (SSVF) and the Homeless Veterans' Reintegration Program (HVRP). SSVF provides eligible Veteran families who are either homeless or very low-income, with outreach, case management, and assistance in obtaining Veterans Administration (VA) and other benefits to stay in or acquire permanent housing on a sustainable basis. HVRP is a Department of Labor grant that focuses exclusively on competitive employment for homeless veterans.
Energy Conservation Programs
The Energy Conservation Programs offer free energy saving home improvements and minor home repairs to qualified lower -income households.
Programs funded by PG&E and 3C Ren provided over 940 households basic weatherization services in San Luis Obispo, Santa Cruz, Santa Barbara, and Monterey counties. The Low Income Home Energy Assistance Program (LIHEAP) and the Department of Energy (DOE) Weatherization Assistance Program assisted 233 households with weatherization services, heating and cooling, and water heater replacements. These programs cut monthly bills up to 40 percent through the installation of weather- stripping, insulation, and efficient lighting. The Home Energy Assistance Program (HEAP) program assisted 1,310 qualified households with payment of their utilities. Minor repairs, including handicap access, were performed for 622 households through funding provided by the Area Agency on Aging and the Community Development Block Grant's Home Repair Programs.
Family and Community Support Services
Family and Community Support Services programs incude Direct Services, Services Affirming Family Empowerment (SAFE), and the Financial Empowerment Program. These contracts assist families to meet their basic needs to achieve a stable, safe home environment and sustain self-sufficiency. A range of services are provided to minimize family stressors, ensure child safety, and support family well-being. A total of 583 families were served by these programs. During the year, due to the impact of COVID-19 on our community, the program staff also reached out to over 300 families making multiple deliveries of donated emergency food and personal protective supplies.
Family and Community Support Services
Adult Day Services offers a licensed, social model day care program in North San Luis Obispo County that is now reduced to 6 to 7 adults daily due to COVID-19 restrictions. The program provides a safe and stimulating environment for frail elderly adults who may have significant memory loss or dementia. The center operates five days per week and is designed to meet the needs of working families. A full, hot lunch is served daily and paid staff and volunteers provided care and activities. 10 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE B — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accrual Basis of Accounting
The accounting records of the Agency are maintained on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.
Fund Accounting
To ensure observance of restrictions placed on the use of resources available, the Agency accounts are maintained in accordance with the principles of fund accounting. Fund accounting calls for resources for the various programs to be classified for accounting and reporting purposes according to the activities and objectives specified by donors and grantors. Separate accounts are maintained for each fund.
Accounting in Accordance with Financial Accounting Standards Board Accounting Standards Codification (ASC) Topic 958-205 and Topic 605
The Agency reports contributions of cash and other assets as net assets with donor restrictions if received with donor stipulations that limit the use of the asset contributed. When a stipulated time restriction or purpose restriction is met, net assets with donor restrictions are reclassified to net assets without donor restrictions and reported in the statement of activities as net assets released from donor restrictions.
Net Assets Without Donor Restrictions
These include net asset balances that are not subject to donor -imposed restrictions and may be expended for any purpose in performing the primary objectives of the Agency.
Net Assets With Donor Restrictions
These include net asset balances that are subject to stipulations imposed by donors and grantors. Some donor restrictions are temporary in nature; those restrictions will be met by actions of the Agency or by the passage of time.
Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, net assets, and revenues and expenses for the reporting period.
Actual results could differ from those estimates.
Fair Values of Financial Instruments
The following methods and assumptions were used to estimate the fair value of financial instruments:
Cash and cash equivalents: The carrying amount reported in the statement of financial position for cash and cash equivalents approximates its fair value.
Accounts receivable and accounts payable: The carrying amounts of accounts receivable and accounts payable in the statement of financial position approximate fair value.
Notes payable: The carrying value of the Agency's debt approximates fair value because of the variable nature of market interest rates.
11 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE B — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Concentrations of Credit Risk
Financial instruments that potentially subject the Agency to concentrations of credit risk consist principally of uninsured cash balances. The Agency places its cash deposits with quality financial institutions. The Agency maintains its cash balances in interest bearing accounts and $250,000 is FDIC insured. The approximate uninsured balance at March 31, 2021, was $6,790,726.
Concentration of Revenue Sources
During the year ended March 31, 2021, the Agency had two major revenue sources that accounted for approximately 87% of the total Agency revenue. The U.S. Department of Health and Human Services accounted for approximately 66.6%, while the California Department of Education accounted for approximately 20.4% of the total revenue.
Cash and Cash Equivalents
Cash is defined as cash in demand deposit accounts as well as cash on hand. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and investments so near their maturity that the risk of changes in value due to changes in interest rates is negligible. These are generally investments with maturity dates within three months of their acquisition date. Not included as cash equivalents are funds restricted as to their use, regardless of liquidity or the maturity dates of investments.
Inventory
Inventory is stated in the accompanying financial statements at the lower of cost, first -in, first -out basis, or market.
Property and Equipment
As shown in Note F, property and equipment are stated at cost. Depreciation is computed on the straight-line method over the estimated useful lives of the respective assets. Leasehold improvements are stated at cost, and amortized by the straight-line method over the estimated useful life or remaining term of lease, whichever is less.
The Agency reports gifts of land, buildings, and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long-lived assets are reported as restricted support. Absent explicit donor stipulations about how long those Tong -lived assets must be maintained, the Agency reports expirations of donor restrictions when the donated or acquired long-lived assets are placed in service.
The Agency capitalizes all asset purchases of $5,000 or more that have a useful life of at least two years.
Assets purchased with grant funds, which are expensed in the period acquired. are recorded in the accompanying statement of financial position as an asset, with a corresponding entry to net assets. In order to reflect the decrease in value over the life of these assets, depreciation is charged directly to net assets annually.
12 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE B — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Vacation Policy
Vacation benefits are accrued on a monthly basis. The maximum carryover of unused vacation hours varies from 240 to 320 hours depending on the length of employee service. Seasonal staff are paid out vacation pay in full annually upon furlough. Employees are also allowed an annual election of a specific number of vacation hours to be paid out in the following calendar year-end.
Sick and Emergency Paid Leave
For introductory, regular, and limited term employees, both full and part time, sick leave accrues monthly up to a maximum of 280 hours. An additional 3 days is also granted based on a requirement from the State of California. Employees have the option to convert up to a maximum of 6 work days of unused sick leave to vacation days each year. Emergency paid leave of 80 hours was allowed for all staff due to the "California State of Emergency" when the COVID-19 virus started spreading two weeks into the year.
Allocation of Expenses
Administrative expenses are charged to operating programs through an approved indirect cost rate, currently at 8%, approved annually by the U.S. Department of Health and Human Services.
Donated Materials and Services
Donated materials and services (in -kind) are reflected as contributions in the accompanying financial statements at their fair market value if such services would have been purchased if not provided by donation or require specialized skills and are provided by individuals possessing such specialized skills.
In -kind contributions to the Agency vary by program, but generally include volunteer services, contractors, rent, and supplies. The total in -kind contributions for the year ended March 31, 2021, were $3,997,425.
Summarized Financial Information for 2020
The financial statements include certain prior year summarized comparative information in total but not by net asset class. Such information does not include sufficient detail to constitute a presentation in conformity with accounting principles generally accepted in the United States of America. Accordingly, such information should be read in conjunction with the Agency's financial statements for the year ended March 31, 2020, from which the summarized information was derived.
Current Accounting Pronouncements
In May 2014, the FASB issued Accounting Standards Update (ASU) 2014-09. Revenue from Contracts with Customers (Topic 606). The ASU and all subsequently issues clarifying ASUs replaced most existing revenue recognition guidance under accounting principles generally accepted in the United States of America (U.S. GAAP). The ASUs also required expanded disclosures relating to the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The Organization adopted the new standard for the year ended December 31, 2020, using the full retrospective method.
In June 2018, FASB released ASU 2018-08, Clarifying the Scope of the Accounting Guidance for Contributions Received and Contributions Made. This update provides clarifying guidance on accounting for the grants and contracts of nonprofit organizations as they relate to the new revenue recognition standards implemented by ASU 2014-09 and aims to minimize diversity in the classification of grants and contracts that exist under current guidance.
13 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE B — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Current Accounting Pronouncements (Continued)
The adoption of these ASUs did not have a significant impact on the financial statements. Based on the Organization's evaluation process and review of its contracts and contributions, the timing and amount of revenue recognized previously is consistent with how revenue is recognized under the new standards. No changes were required to previously reported revenues as a result of adoption.
NOTE C — NET ASSETS WITH DONOR RESTRICTIONS
Net assets with donor restrictions are part of the net assets of the Agency resulting from contributions and other inflows of assets whose use by the Agency is limited by donor -imposed stipulations that either expire by passage of time or can be fulfilled and removed by actions of the Agency pursuant to those stipulations. At March 31, 2021, net assets with donor restrictions consisted of the following:
California Department of Education Programs:
Materials and Supplies
Infant/Toddler
CHST - 0049 $ 3,536
CCIP - 0049 7,766
$ 11,302
NOTE D — NET ASSETS RELEASED FROM DONOR RESTRICTIONS
Net assets were released from donor restrictions by incurring expenses satisfying the restricted purposes or by occurrence of other events specified by donors. For the year ended March 31, 2021, the following net assets were released from donor restrictions:
California Department of Education Programs:
Materials and Supplies
Infant/Toddler
NOTE E — INVENTORY
CHST - 9049 $ 1,096
CCIP - 9049 7,605
Inventory at March 31, 2021, consisted of the following:
Energy and Weatherization Materials
Office and General Supplies
$ 8,701
$ 47.772
9,172
56,944
14 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE F — PROPERTY AND EQUIPMENT
At March 31, 2021, property and equipment consisted of the following:
Office furniture and equipment
Automobiles, trucks, and buses
Buildings and improvements
Land
Cost
$ 4,336,643
4.326,525
25,199,965
33,863,133
Accumulated
Depreciation
$ 2,968,755
3,040,284
13, 944,494
Net Book
Value
$ 1,367,888
1,286,241
11,255,471
19, 953, 533 13,909,600
2,694,298 - 2,694,298
$ 36,557.431 $ 19,953,533 $ 16,603,898
Of the $866,429 total depreciation for the fiscal year, $35,832 was expensed and $830,597 was charged directly to the property and equipment net assets.
NOTE G — LINES OF CREDIT
During the year, the Agency had two active lines of credit as follows:
Lender 1:
Interest Rate:
Secured by:
Maturity Date:
Lender 2:
Interest Rate:
Secured by:
Bank of the Sierra, $1,000,000 revolving line of credit used in daily operations.
Wall Street Journal prime rate plus 0.5 percentage points over the index rate. The prime rate decreased on March 16, 2020, to 3.25%.
Unrestricted inventory, chattel paper, accounts, equipment, a deed of trust on a property in Arroyo Grande, California, and general intangibles. Minimum payments are equal to the interest charged on the outstanding balance for the preceding 31 days.
December 20, 2022. As of March 31, 2021. the balance due was $0.00.
San Luis Obispo County Housing Trust Fund, Revolving Line of Credit of $600,000 for use in the development of the 40 Prado Homeless Services Center.
Fixed rate of 2%. $600,000 was advanced on July 18, 2018, no payments due until 2023.
Deed of Trust. Assignment of Rents, Security Agreement and Fixture Filing and creates a lien against the Property located at 40 Prado Road in San Luis Obispo. California.
Maturity Date: May 1, 2023. As of March 31, 2021. the balance due was $450,000. 15 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE H — NOTES PAYABLE
At March 31, 2021, notes payable consisted of the following:
Note payable to bank, for acquisition of Nipomo land and buildings, with interest at 6%, due in monthly payments of $1,717. The note matures September 11, 2028, and is secured by the land and buildings at 965 El Camino Real, Atascadero. $ 122,697 Note payable to bank, for the Adele Stern Head Start Center in Nipomo, fully amortizing U.S. Department of Agriculture (USDA) guaranteed loan due in monthly payments of $3,629, with a variable interest rate based on the Wall Street Journal Prime Rate plus 2 percentage points with a minimum rate of 6.5% per annum. The rate is currently at
6.5%. The note matures June 3, 2044, and is secured by the land and buildings located at 291 N. Thompson Road, Nipomo.
Note payable to California Health Facilities Financing Authority, secured by first deed of trust. with principal and interest at 3% due in monthly installments of $2,597. The note matures October 1, 2024, and is secured by the clinic building and land at 1152 E.
Grand Avenue, Arroyo Grande.
519,945
103,403
746,045
Less current portion 95.311
650,734
Future principal maturities on notes payable are as follows:
Year Ending March 31,
2022 5 95,311
2023 95,311
2024 95,311
2025 82,328
2026 64,152
Thereafter 313,632
$ 746,045
Interest expense on these notes for the year ended March 31, 2021, was $45,728.
NOTE I — INCOME TAXES
The Agency has received tax-exempt status under Section 501(c)(3) of the Internal Revenue Code, and Section 23701(d) of the State of California Revenue and Taxation Code.
Open Tax Years
The Agency files information tax returns in the U.S. and California. With few exceptions, the Agency is no longer subject to U.S. federal and State of California income tax examinations by tax authorities for years before 2018.
16 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE J — EMPLOYEE BENEFIT PLANS
Defined Contribution Plan
The Agency maintains a defined contributory retirement plan available for its employees which allows participants to make tax deferred investment contributions. The plan qualifies under the provisions of Section 403 (b) of the Internal Revenue Code of 1954, as amended. Total employer's cash contributions made by the Agency to the plan for the year ended March 31, 2021, were $1,600,951, averaging 4.26% of total salaries and wages.
Cafeteria Plan
The Agency maintains a non-discriminatory Internal Revenue Code Section 125 Cafeteria Plan for all employees. Under the plan, an employee may pay for family member health insurance, child care, medical expenses, or employee sponsored insurance. These supplemental payments are pre-tax dollars and not subject to employment or income taxes.
NOTE K — TRANSFERS
Transfers represent the recordation of assets expensed in the current period in accordance with the grantor's terms and conditions. When the Board of Directors deems it appropriate, transfers are also made from unrestricted funds to cover current year deficits of restricted operating programs.
NOTE L — LIQUIDITY
As of March 31, 2021, the following schedule shows financial assets held by the Agency and the amounts of those assets that could readily be made available within 12 months of the statement of financial position date to meet general expenditures. As part of the Agency's liquidity management, it has a policy to structure its financial assets to be available as its general expenditures, liabilities, and other obligations come due. To help manage unanticipated liquidity needs, the Agency has a line of credit in the amount of $1,000,000, which it could draw upon.
Financial assets held at year-end:
Cash and cash equivalents
Grants and accounts receivable
Less: Donor restrictions
$ 4,146,224
13,101,096
17, 247, 320
(11,302)
Financial assets available to meet expenditures
over the next 12 months $ 17,236,018
The Agency has certain donor -restricted financial assets limited to use or purpose which are not available for expenditure within one year in the normal course of operations. Accordingly, these assets are not available for general expenditure within one year of the statement of financial position date. 17 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE M — AVAILABILITY OF NET ASSETS
Net assets restricted under grant agreement are restricted for the following purposes or periods. 1) Subject to the passage of time:
Housing Support, Sheltering and Veteran's Programs
Federal Home Loan Bank award in the amount of $720,000 to fund development costs for 40 Prado Homeless Service Center in the current fiscal year. Site must be retained until 2033 (15 years) as a homeless shelter and/or serve low income clients or award converts to a loan.
State of California Emergency Housing Assistance Program (EHAP) grant $250:052 to fund development costs for 40 Prado Homeless Service Center in the current fiscal year. Additional funds of $749,943 were received in prior fiscal years. Site must operate as a homeless shelter until 2028, 10 years from 2018 completion date.
Health and Prevention Services
City of San Luis Obispo Community Development Block Grant (CDBG) awarded in 1996 for $121,000 to purchase and develop site for Health Service Clinic in the City of San Luis Obispo to serve low income clients. Per agreement, the Agency must maintain site for thirty years after close of escrow, 2026.
2) Subject to use limitations:
Children and Families Services
Notices of Federal Interest have been recorded on deeds of properties purchased with federal funds. Such sites cannot be sold, subletted, or used as collateral without the written consent of the federal government. Even though these assets are owned by the Agency, the federal government retains an interest written into the grant deed for each location. $ 720,000
999,995
32,268
$ 1,752,263
Santos Arrona Head Start Center in Atascadero, CA $ 484,328 Kerman Migrant Center in Kerman, CA 59,356
Buena Vista Migrant Center in Lamont, CA 261,189
Las Rosas Migrant Center in Wasco, CA 56,229
Adele Stern Head Start Center in Nipomo, CA 329,934
El Jardin Migrant Center in Santa Ana, CA 1,775,591
Georgia Brown Early Head Start Center in Paso Robles, CA 399,876 $ 3,366,503
Total Net Assets with Restrictions $ 5.118,766
18 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE N — COMMITMENTS AND CONTINGENCIES
Commitments
The Agency conducts administrative and program operations at various leased facilities. Future minimum payments under operating leases are as follows:
Year Ending March 31,
2022 $ 1,788,719
2023 1,424,056
2024 663,838
2025 293,166
2026 162,783
Thereafter 255,765
$ 4,588,327
Total rent expense for the year ended March 31, 2021; was $1,967,900. Additional mortgage expense of $64,042 was rolled up into the summarized rent reported on the combining statement of revenue and expense by functional program for a total of $2,031,942.
Grant Awards
Grant awards require the fulfillment of certain conditions as set forth in the instruments of grant. Failure to fulfill the conditions could result in the return of the funds to the grantors. The Agency deems this contingency remote since, by accepting the grants and their terms, it has accommodated the objectives of the organization to the provisions of the grants. The Agency's management is of the opinion that the Agency has complied with the terms of all grants.
NOTE 0 — COVID-19
On March 18, 2020, a State of Emergency was declared by Governor Gavin Newsom due to the spread of the coronavirus (COVID-19). A shelter in place order was given and, in response, the Agency closed 90% of its offices and outlying service sites such as Head Start centers, Energy and Weatherization services. and Adult Day Services to name a few. The Agency's staff immediately began to enact a plan to continue services to our communities where possible. Remote work plans were put into place and remote services for Head Start, Child Development, Health Services, Family Community Services, and Adult Day Care participants were implemented. New services were implemented such as food and supply delivery to low income seniors and families. Three months later, the Agency was able to start up Energy and Weatherization services and Head Start/State Child Development Services. In September, Adult Day services was opened on a limited basis. Due to the essential nature of migrant and seasonal farm work, the Agency never closed migrant programs. New operating policies and plans were put into place and children were safely being served in family child care homes and centers at reduced class sizes.
19 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE P — SUBSEQUENT EVENTS
The Agency has evaluated its financial position and activities from the March 31, 2021 year-end of this report through October 21, 2021, which is the date that the financial statements were available to be issued.
Since the State of Emergency was declared just two weeks prior to the start of the Agency's Fiscal Year, there was significant financial impact on the results of operations. Due to the nature of the current COVID-19 situation, it is predictable that there will continue to be an impact on services and operating results. It is difficult to measure or project the future impact on the costs to deliver on -going services and the availability of resources. The hardest hit resource has been human resources. Staff vacancies are a big concern and can impact our ability to serve our community, meet our goals and result in a loss of earnings.
No other material subsequent events that required recognition or disclosure were identified. 20 ADDITIONAL INFORMATION
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
FOR THE YEAR ENDED MARCH 31, 2021
Grantor / Pass -Through Grantor /
or Program Title
Federal Expenditures
CFDA Grantor's or Amounts
Number Number Eamed
Department of Agriculture:
Pass -Through Program From:
California Department of Education:
Child Care Food Program - Day Care Homes 10.558 04469-CACFP-40-NP-DCH $ 902,845 Child Care Food Program - Day Care Homes Expansion Funds 10.558 13664-B6210-00 9,200 Child Care Food Program - Center Based 10.558 04469-CACFP-40-NP-CS 573.209 Total Department of Agriculture: 1,485.254
Department of Health and Human Services:
Head Start & Early Head Start 4/1/20 - 3/31/21 93.600 09CH011448/01 7.126,135 Head Start & Early Head Start CARES 4/1/20 - 3/31/21 93.600 09CH011448/01C3 237,060 Early Head Start Partnerships 4/1/20 - 7/31/20 93.600 09HP000252/01 805,155 Early Head Start Partnerships 8/1/20 - 3/31/21 93.600 09HP000252/02 1,331,389 Early Head Start Partnerships CARES 8/1/20 - 3/31/21 93.600 09HP000252/02C3 22,384 Head Start & Early Head Start 4/1/20 - 3/31/21 93.600 09CH9010460/04 5,197,687 Head Start & Early Head Start CARES 4/1/20 - 3/31/21 93.600 09CH9010460/04C3 275,976 Head Start & Early Head Start 4/1/20 - 6/30/20 93.600 09CH011137/01 994,063 Head Start & Early Head Start 7/1/20 - 3/31/21 93.600 09CH011137/02 2,507,626 Head Start & Early Head Start CARES 7/1/20 - 3/31/21 93.600 09CH011137/02C3 101,253 Migrant Seasonal Head Start 4/1/20 - 8/31/20 93.600 90CM009821/05 15,427,344 Migrant Seasonal Head Start 9/1/20 - 3/31/21 93.600 90CM009851/01 11,340,270 Migrant Seasonal Head Start CARES 9/1/20 - 3/31/21 93.600 90CM009851/01C3 496,598 Migrant Seasonal Early Head Start Partnerships 4/1/20 - 8/31/20 93.600 90HM000019/01 2,509,959 Migrant Seasonal Early Head Start Partnerships 9/1/20 - 3/31/21 93.600 90HM000019/02 2,284,885 Migrant Seasonal Early Head Start Partnerships CARES 9/1/20 - 3/31/21 93.600 90HM000019/02C3 38,981 Migrant Seasonal Early Head Start Partnerships 4/1/20 - 8/31/20 93.600 9OHM000010/03 786,809 Migrant Seasonal Early Head Start Partnerships 9/1/20 - 3/31/21 93.600 9OHM000010/04 671,571 Migrant Seasonal Early Head Start Partnerships CARES 9/1/20 - 3/31/21 93.600 9OHM000010/04C3 12,534 Migrant Seasonal Early Head Start Partnerships 4/1/20 - 2/28/21 93.600 9OHM000011/02 999,881 Migrant Seasonal Early Head Start Partnerships CARES 4/1/20 - 2/28/21 93.600 9OHM000011/02C3 18,879 Migrant Seasonal Early Head Start Partnerships 3/1/21 - 3/31/21 93.600 9OHM000011/03 74,560 Office of Adolescent Health 4/1/20 - 6/30/20 93.297 TP1AH000109/05 240,340 Substance Abuse and Mental Health Services Administration 4/30/20-9/29/20 93.243 6H79T1080534-03M001 156,202 Substance Abuse and Mental Health Services Administration 9/30/20-3/31/21 93.243 6H79T1080534-04M002 164,486 Pass -Through Program From:
Area Agency on Aging:
AAA Title IIIB Home Repair 4/1/20 - 6/30/20
AAA Title IIIB Home Repair 7/1/20 - 3/31/21
AAA Title IIIB Home Repair 4/1/20 - 6/30/20
AAA Title IIIB Home Repair 7/1/20 - 3/31/21
AAA Title IIIB Adult Day Care 4/1/20 - 6/30/20
AAA Title IIIB Adult Day Care 7/1/20 - 3/31/21
93.044
93.044
93.044
93.044
93.044
93.044
CAA# 90102A
CAA# 01102A
CAA# 90102E
CAA# 01102E
CAA# 90102C
CAA# 01102C
23.342
120,680
10,117
45,056
12,877
36,714
See accompanying note to schedule of expenditures of federal awards. 21 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (Continued)
FOR THE YEAR ENDED MARCH 31, 2021
Grantor / Pass -Through Grantor /
or Program Title
Federal Expenditures
CFDA Grantor's or Amounts
Number Number Earned
Department of Health and Human Services: (Continued)
Pass -Through Program From:
California Department of Community Services and Development:
Community Services Block Grant Discretionary 4/1/20- 5/31/20 93.569 19F-4441 Community Services Block Grant (CSBG) 4/1/20 - 12/31/20 93.569 20E-3039 228,726 Community Services Block Grant Discretionary 6/1/20- 3/31/21 93.569 20E-3039 Disc 32,000 Community Services Block Grant (CSBG) 1/1/21 - 3/31/21 93.569 21F-4039 69,609 Community Services Block Grant CARES ACT 3/27/20 - 3/31/21 93.569 20E-3678 138,403 Community Services Block Grant Discretionary CARES ACT 3/27/20 - 3/31/21 93.569 20E-3678 Disc 15,505 LIHEAP Weatherization 4/1/20 - 6/30/20 93.568 19B-5033
LIHEAP - A16, ECIP, HEAP 4/1/20 - 6/30/20 93.568 198-5033 LIHEAP Weatherization 4/1/20 - 3/31/21 93.568 208-2033 257,608 LIHEAP - A16, ECIP, HEAP 4/1/20 - 3/31/21 93.568 20B-2033 323,696 Pass -Through Program From:
Califomia Department of Community Services & Development (Cont'd):
CARES LIHEAP Weatherization 7/1/20 - 3/31/21 93.568 20U-2582 35,216 CARES LIHEAP - A16, ECIP, HEAP 7/1/20 - 3/31/21 93.568 20U-2582 167,215 LIHEAP Weatherization 11/1/20 - 3/31/21 93.568 218-5033 11,099 LIHEAP - A16. ECIP, HEAP 11/1/20 - 3/31/21 93.568 218-5033 165,087 Pass -Through Program From:
California Department of Education (CDE):
CDE Child Care Programs 93.434 N/A 3,057
CDE Child Care Programs 93.575 N/A 4,692,675
CDE Child Care Programs 93.596 N/A 1,472,650
Pass -Through Program From:
Department of Health and Human Services:
Pass -Through Program From:
County of San Luis Obispo, Department of Social Services:
CalWorks Homeless Services 4/1/20-6/30/20 93.558 PO# 25013530 CalWorks Homeless Services 7/1/20-3/31/21 93.558 SOR# 6109 2020 CalWorks Stage 1 4/1/20 - 6/30/20 93.558 C005-2018 346,804 CalWorks Stage 1 7/1/20 - 3/31/21 93.558 C005-2018 958,453 CalWorks Direct Services 4/1/20 - 6/30/20 93.558 C018-2019 37,859 CalWorks Direct Services 7/1/20 - 3/31/21 93.558 C018-2020 257,108 CalWorks South County SAFE Family Advocates 4/1/20 - 6/30/20 93.556 CO24-2019 37,076 CalWorks South County SAFE Family Advocates 7/1/20 - 3/31/21 93.556 CO24-2020 195,452 CalWorks Cal Leam 4/1/20 - 6/30/20 93.558 C006-2019 7,490 CalWorks Cal Learn 7/1/20 - 3/31/21 93.558 C006-2020 49,828 Emergency Child Care Bridge Program for Foster Children 4/1/20 -6/30/20 93.558 C017-2019 83,051 Emergency Child Care Bridge Program for Foster Children 7/1/20 - 3/31/21 93.558 C017-2020 220,595 Pass -Through Program From:
Essential Access Health:
Family Planning Title X 4/1/20 - 3/31/21
93.217 778-5320-71209-20-21 496,000
Total Department of Health and Human Services: 64,373,075 See accompanying note to schedule of expenditures of federal awards. 22 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (Continued)
FOR THE YEAR ENDED MARCH 31, 2021
Grantor / Pass -Through Grantor /
or Program Title
Department of Energy:
Pass -Through Program From:
California Department of Community Services and Development DOE Weatherization 4/1/19 - 6/30/20
Total Department of Energy:
Department of Homeland Security:
Pass -Through Program From:
Pass -Through County of San Luis Obispo:
Emergency Food & Shelter-FEMA 4/1/20-6/30/20
Emergency Food & Shelter-FEMA 7/1/20-3/31/21
Total Department of Homeland Security:
Department of Housing and Urban Development:
Pass -Through Program From:
Cities and Counties located in California:
Case Management 4/1/20 - 5/31/20
Case Management 6/1/20 - 3/31/21
CDBG 4/01/20 - 3/31/21
CDBG 4/01/20 - 3/31/21
CDBG 4/01/20 - 3/31/21
Emergency Shelter Grant 4/1/20 - 6/30/20
Emergency Shelter Grant 7/1/20 - 3/31/21
Total Department of Housing and Urban Development:
Department of Labor
Homeless Veteran's Rehabilitation Program 4/01/20 - 6/30/20 Homeless Veteran's Rehabilitation Program 7/1/20 - 3/31/21 Total Department of Labor:
Department of Veteran Services:
Supportive Services for Veteran Families 5/1/20 - 9/8/20 Supportive Services for Veteran Families 9/9/20 - 1/5/21 Supportive Services for Veteran Families 1/6/21 - 3/31/21 Total Department of Veteran Services:
TOTAL ALL AWARDS
Federal
CFDA
Number
Grantor's
Number
Expenditures
or Amounts
Earned
81.042
17C-4024
97.024 086400-001 Phase 36
97.024 086400-001 Phase 37
14.267
14.267
14.218
14.218
14.218
14.231
14.231
17.805
17.805
64.033
64.033
64.033
CA1628L9D141802
CA1628L9D141903
County of San Luis Obispo
Robles and San Luis Obispo
City of Santa Maria
E-19-UC-06-0508
E-20-UC-06-0508
HV-33816-19-60-5-6
HV-33816-19-60-5-6
2018-CA-358-CA
2018-CA-358-20
2018-CA-358-C2
8,643
8,643
47,000
178,240
107,873
137,562
33,476
90,620
594,771
38,746
121,388
160.134
571,380
663,788
653,386
1,888,554
S 68,510,431
See accompanying note to schedule of expenditures of federal awards. 23 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
NOTE TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
FOR THE YEAR ENDED MARCH 31, 2021
NOTE 1 — BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards includes the federal and state grant activity of Community Action Partnership of San Luis Obispo County, Inc., (the Agency) and is presented on the accrual basis of accounting. The Federal information in this schedule is presented in accordance with the requirements of the U.S. Office of Management and Budget (OMB) and the Uniform Guidance.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. The Agency has elected not to use the 10% de minimis indirect cost rate. Administrative expenses are charged to operating programs based upon an annually approved indirect cost rate, currently at 8%, from the U.S. Department of Health and Human Services. 24 A BROWN
ARMSTRONG
01;link it ruvi l4 tin I .i
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661-324-4971
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER
FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Board of Directors
Community Action Partnership of
San Luis Obispo County, Inc.
San Luis Obispo, California
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Community Action Partnership of San Luis Obispo County, Inc. (the Agency), which comprise the statement of financial position as of March 31, 2021; the related statement of activities, combining statement of revenue and expense by functional program, and statement of cash flows for the year then ended; and the related notes to the financial statements, and have issued our report thereon dated October 21, 2021.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the Agency's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Agency's internal control.
Accordingly, we do not express an opinion on the effectiveness of the Agency's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency. or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency. or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
25 '.f
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Agency's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the Agency's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Agency's internal control and compliance.
Accordingly, this communication is not suitable for any other purpose.
Bakersfield, California
October 21, 2021
BROWN ARMSTRONG
ACCOUNTANCY CORPORATION
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ARMSTRONG
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INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR
EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL
OVER COMPLIANCE REQUIRED BY THE UNIFORM GUIDANCE
Board of Directors
Community Action Partnership of
San Luis Obispo County, Inc.
San Luis Obispo, California
Report on Compliance for Each Major Federal Program
We have audited Community Action Partnership of San Luis Obispo County, Inc.'s (the Agency) compliance with the types of compliance requirements described in the U.S. Office of Management and Budget (OMB) Compliance Supplement that could have a direct and material effect on each of the Agency's major federal programs for the year ended March 31, 2021. The Agency's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs.
Management's Responsibility
Management is responsible for compliance with federal statutes, regulations, and the terms and conditions of its federal awards applicable to its federal programs.
Auditor's Responsibility
Our responsibility is to express an opinion on compliance for each of the Agency's major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America: the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations. Part 200, Uniform Administrative Requirements, Cost Principles. and Audit Requirements for Federal Awards (Uniform Guidance). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about the Agency's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances.
We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of the Agency's compliance.
Opinion on Each Major Federal Program
In our opinion, the Agency complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended March 31, 2021.
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Report on Internal Control Over Compliance
Management of the Agency is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the Agency's internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the Agency's internal control over compliance.
A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is Tess severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.
Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose.
Bakersfield, California
October 21, 2021
BROWN ARMSTRONG
ACCOUNTANCY CORPORATION
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28 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CSBG DISCRETIONARY AWARD FOR 6/1/19-5/31/20
FOR THE YEAR ENDED MARCH 31, 2021
19F-4441
Actual Budget
6/1/2019 4/1/2020 Total 6/1/2019 Budget vs.
Through Through Audited Reported through Actual
3/31/2020 5/31/2020 Costs Costs 5/31/2020 Variance
REVENUE
Grants and Contracts $ 30,000 $ - $ 30,000 $ 30,000 $ 30,000 $ Other Revenue
TOTAL REVENUE
EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
Subtotal Administrative Costs
30,000 30,000
30,000 30,000
2,222 - 2,222 2.222 2.222
2,222 2,222
Program Costs
Salaries and Wages 18,567 - 18,567
Employee Benefits 9,211 9,211
Operating Expenses and Equipment - -
Out -of -State Travel
Subcontractor Services
Other Costs
Subtotal Program Costs
TOTAL EXPENSE
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
27,778 27,778
2,222 2,222
18,567
9,211
18,567
9.211
27,778 27,778
30,000 - 30,000 30,000 30,000
$
29 REVENUE
Grants and Contracts
Other Revenue
TOTAL REVENUE
EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
Subtotal Administrative Costs
Program Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
Subtotal Program Costs
TOTAL EXPENSE
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CSBG
FOR THE YEAR ENDED MARCH 31, 2021
20E-3039
Actual
1/1/2020
Through
3/31/2020
$ 77,989
77,989
5,777
5,777
42,860
15,296
14.056
72,212
77,989
4/1/2020
Through
12/31/2020
Total
Audited
Costs
$ 228.726 $ 306,715
228.726
16,942
16,942
111,191
37.318
63,275
211,784
228.726
$ $
Reported
Costs
Budget
1/1/2020
through
12/31/2020
Budget vs.
Actual
Variance
$ 306,715 $ 306,715 $
306,715 306,715
22,719 22,719
22,719 22,719
154,051
52,614
77,331
154,051
52,614
77,331
283,996 283,996
306,715 306,715
$ $
30 306.715
22,719
22.719
152,276
54,389
77,331
283.996
306,715
(1,775)
1,775
21F-4039
1/1/2021
Through
3/31/2021
$ 69.609
69,609
5.156
5.156
36,509
11,529
16.415
64,453
69,609
$ $ $
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CSBG DISCRETIONARY AWARD FOR 1/1/20-5/31/21
FOR THE YEAR ENDED MARCH 31, 2021
20E-3039 Discretionary
Actual Budget
4/1/2020 1/1/2021 Total 1/1/2020 Budget vs.
Through Through Audited Reported through Actual
12/31/2020 3/31/2021 Costs Costs 5/31/2021 Variance
REVENUE
Grants and Contracts $ 32,000 $ $ 32,000 $ 32,000 $ 32.000 $ Other Revenue - - - -
TOTAL REVENUE
EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
Subtotal Administrative Costs
32.000 32,000
2370 2,370
2,370 2,370
32,000 32000
2,370 2.370
2,370 2.370
Program Costs
Salaries and Wages 22.020 22,020 22,020 19,931 (2,089)
Employee Benefits 7,610 7,610 7.610 9,699 2,089
Operating Expenses and Equipment - - - - -
Out -of -State Travel
Subcontractor Services
Other Costs
Subtotal Program Costs 29,630 - 29,630 29,630 29,630
TOTAL EXPENSE 32,000 - 32,000 32,000 32,000
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
31 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CSBG CARES ACT AWARD 3127/20-5131/22
FOR THE YEAR ENDED MARCH 31, 2021
REVENUE
Grants and Contracts
Other Revenue
TOTAL REVENUE
20E-3678
Actual Budget
3/27/2020 4/1/2020 Total 3/27/2020 Budget vs.
Through Through Audited Reported through Actual
3/31/2020 3/31/2021 Costs Costs 5/31/2022 Variance
$
$ 138,403 $ 138,403 $ 138,403 $ 415,964 $ 277,561
138,403 138,403 138,403 415,964 277,561
EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits - - -
Operating Expenses 44.579 44,579 44,579 83,996 39,417
Equipment - 24,751 24.751
Out -of -State Travel - - -
Subcontractor Services - 525 525 525 32,000 31,475
Other Costs 6.911 6.911 6,911 21,312 14,401
Subtotal Administrative Costs
52,015 52,015 52,015 162,059 110,044
Program Costs
Salaries and Wages 42,762 42,762
Employee Benefits 13,022 13,022
Operating Expenses 30,604 30,604
Out -of -State Travel - -
Subcontractor Services
Other Costs
Subtotal Program Costs
TOTAL EXPENSE
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
42,762
13,022
30,604
86,141
28,059
139,705
43,379
15,037
109,101
86,388 86,388 86,388 253,905 167,517
138,403 138,403 138,402 415,964 277,561
$ 0 $ 0 $ 1 $ $ (0)
32 REVENUE
Grants and Contracts
Other Revenue
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CSBG CARES ACT DISCRETIONARY AWARD 3/27/20-5/31/22
FOR THE YEAR ENDED MARCH 31, 2021
20E-3678 Discretionary
Actual Budget
3/27/2020 4/1/2020 Total 3/27/2020 Budget vs.
Through Through Audited Reported through Actual
3/31/2020 3/31/2021 Costs Costs 5/31/2022 Variance
$ 15,505 $ 15.505 $ 15,505 $ 40.370 $ 24.865
TOTAL REVENUE 15,505
15,505 15.505
40.370 24.865
EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits -
Operating Expenses and Equipment _
Out -of -State Travel
Subcontractor Services
Other Costs 1.149 1.149 1,149 2,990 1,842
Subtotal Administrative Costs 1.149
Program Costs
Salaries and Wages 9,300
Employee Benefits 5.056
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
1,149 1,149
2,990 1,842
9,300 9,300 24,133 14,833
5.056 5,056 11,152 6,096
- 2,095 2,095
Subtotal Program Costs 14,356 14,356 14,356 37,380 23,024 TOTAL EXPENSE - 15,505 15,505 15,505 40,370 24,865
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE $ $ $ $ - $ $
33 REVENUE
Grants and Contracts
In -Kind Contributions (a)
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
HEAD START/EARLY HEAD START PROGRAMS - SAN LUIS OBISPO COUNTY FOR THE YEAR ENDED MARCH 31, 2021
Head Start / Early Head Start: 09CH011448/01
HS Training HS Operating EHS Training EHS Operating COVID-19 CAN 20 CAN 22 CAN 21 CAN 25 CAN 90900
In -Kind
$ 35,375 $ 3,544,118 $ 51,448 $ 3,495,194 $ 237,060 $
TOTAL REVENUE 35,375
3,544,118 51,448
3,495,194 237,060
297,290
Total
Head Start and
Early Head Start
$ 7,363,195
297,290
297.290 7,660,485
EXPENSE
Salaries and Wages 1,892,069 1,942,680 127,845 3,962,594 Employee Benefits 801,429 763,468 46,076 - 1,610,973
Volunteer Services In -Kind - - 147,537 147,537
Service Provider Payments - - 118,044 118.044
Consultants and Contractual 2,231 29,567 2,231 7,920 - 41,949 Contractual In -Kind - 4,329 4,329
Materials and Supplies 13,024 152.786 14.079 103.230 38.555 - 321,674 Travel and Transportation - 30,690 19,032 1,550 51,272
Repairs and Maintenance - 125,729 67,817 6,898 - 200,444 Training and Seminars 16,686 28,919 - 45,605
Rent - 113,330 - 147,267 - 260,597
Space In -Kind - 138,201 138,201
Utilities and Telephone 70,253 47,388 - 117,641
Insurance 15,778 - 3,731 19,509
Capital Purchases - -
Human Resources Support - 12,918 - 6,421 19,339
Medical and Participant Costs 647 1,646 2.227 2,700 7,220 Postage, Printing, and Other 167 37,028 181 6,593 126 - 44,095 Supplies and Food In -Kind - 5,673 5,673
Indirect Expense 2,620 260,895 3.811 258,903 17,560 - 543,789 TOTAL EXPENSE 35,375 3,544,118 51.448 3,495,194 237.060 297,290 7,660.485
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE $
Notes:
(a) California Department of Education Contracts contributed $2,597,404 in matching non-federal share for grant #09CH011448/01. This amount was not included in the in -kind shown above but was incorporated in the reporting to the funder. 34 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF HEALTH AND HUMAN SERVICES
EARLY HEAD START CHILD CARE PARTNERSHIP PROGRAM
FOR THE PERIODS AUGUST 1, 2019 THROUGH JULY 31, 2020
AND AUGUST 1, 2020 THROUGH MARCH 31, 2021
09HP000252/01 09HP000252/02
8/1/2019 4/1/2020 8/1/2019 8/1/2020
Through Through Through Through
3/31/2020 7/31/2020 7/31/2020 3/31/2021
REVENUE
Grants and Contracts $ 1,530,745 $ 805,155 $ 2,335,900 $ 1,353,773 In -Kind Contributions (a) 73,090 9,562 82,652 55,684
TOTAL REVENUE
1,603,835 814,717
2,418,552 1,409,457
EXPENSE
Salaries and Wages 697,557 372,202 1,069,759 595,733
Employee Benefits 305,877 158,601 464,478 247,111
Volunteer Services In -Kind 67,511 9,462 76,973 40,125
Service Provider Payments 156,822 86,973 243,795 160,853 Consultants and Contractual 32,703 26,615 59,318 59,944 Contractual In -Kind 1.418 75 1,493 204
Materials and Supplies 67,131 38,320 105,451 85,983
Travel and Transportation 20,046 1,600 21,846 3.295
Mileage In -Kind 1.165 - 1,165 223
Repairs and Maintenance 26,459 12,982 39,441 30,249
Training and Seminars 13,759 1,108 14,867 3.105
Rent 60.288 27,149 87,437 28,050
Space In -Kind - 14,043
Utilities and Telephone 19,019 10,628 29,647 18,383
Insurance 994 1,520 2,514 12,799
Capital Purchases
Human Resources Support 2,335 3,801 6,136 1.862
Medical and Participant Costs 2.056 1,235 3,291 1,161
Postage, Printing, and Other 12,310 2,580 14,890 4,966
Supplies and Food In -Kind 2.996 25 3,021 1.089
Indirect Expense 113,389 59,641 173,030 100,279
TOTAL EXPENSE (b)(c)
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSES
1,603,835 814,717 2,418,552 1,409.457
Notes'
(a) California Department of Education Contracts contributed $1,358,662 in matching non-federal share for grant #09HP000252/01 and $823,800 in matching non-federal share for grant #09HP000252/02. These amounts were not included in the in -kind shown above but were incorporated in the reporting to the funder. (b) July 31, 2021, expenditures of Grant Funds are accounted for by common accounting number (CAN) as follows:
CAN 28 - EHS CCP Operating
CAN 21 - EHS CCP T&TA
$ 2,299,736
36,164
TOTAL EXPENSE $ 2.335,900
(c) COVID-19 One Time Funding expenditures for CAN 0-G980900 for 8/1/20 through 3/31/21 are $22,384. 35 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
HEAD START/EARLY HEAD START PROGRAM - NORTHERN SAN DIEGO COUNTY FOR THE YEAR ENDED MARCH 31, 2021
Start / Early Head Start: 09CH010460/04 Total
HS Training HS Operations EHS Training EHS Operations COVID-19 First 5 Head Start and CAN 20 CAN 22 CAN 21 CAN 25 CAN 90900 InKind San Diego Early Head Start
REVENUE
Grants and Contracts $ 37,454 $ 3,915,063 $ 27,769 $ 1,217,401 $ 275,976 $ - $ 47,429 $ 5,521,092 Program Support - - - - 396 396
In -Kind Contributions (a) - 922,912 - 922,912
TOTAL REVENUE
37,454 3,915,063 27,769 1,217.401 275.976 922,912 47,825 6,444,400
EXPENSE
Salaries and Wages 1,893,065 686.415 138.856 25,537 2,743,873 Employee Benefits 641,779 280,067 68,640 - 12.497 1,002,983 Volunteer Services In -Kind - - - 58,982 - 58,982
Consultants and Contractual 1.625 410,026 1,625 20,396 433,672 Contractual In -Kind - 705.719 - 705,719
Materials and Supplies 1.953 227,867 4,365 57,386 40,830 - 1,298 333,699 Travel and Transportation 14,164 - 5,442 - 19,606
Repairs and Maintenance 63,423 - 10,534 6,469 80,426
Training and Seminars 30.724 987 19,721 5,201 25 56,658 Rent 238,360 - 33,858 - - 272,218
Space In -Kind 157.992 157,992
Utilities and Telephone 48,222 12,396 - 60,618
Insurance 23,539 1,597 25,136
Capital Purchases 29,375 5,625 35,000
Human Resources Support 15,402 2,486 - - 17,888
Medical and Participant Costs 7,277 - 1,378 651 4,950 14,256 Postage, Printing. and Other 378 13,748 1 4.859 63 - 19,049 Supplies and Food In -Kind - - - 219 219
Indirect Expense 2,774 287.829 2.057 89,761 20,442 - 3,543 406,406 TOTAL EXPENSE 37,454 3,915,063 27,769 1,217,401 275,976 922,912 47,825 6,444,400
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSES $ $ $ $ $ $ $ $
Notes:
(a) California Department of Education Contracts contributed $447,269 in matching non-federal share for grant #09CH010460/04. This amount was not included in the in -kind shown above but was incorporated in the reporting to the funder.
36 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF HEALTH AND HUMAN SERVICES
HEAD START/EARLY HEAD START PROGRAMS - MONTEREY COUNTY
FOR THE PERIODS JULY 1, 2019 THROUGH JUNE 30, 2020
AND JULY 1, 2020 THROUGH MARCH 31, 2021
REVENUE
Grants and Contracts
In -Kind Contributions (a)
TOTAL REVENUE
09CH011137/01 09CH011137/02
7/1/2019 4/1/2020 7/1/2019 7/1/2020
Through Through Through Through
3/31/2020 6/30/2020 6/30/2020 3/31/2021
$ 2,398,952 $ 994.063 $ 3,393.015 $ 2,608,879
22,428 38,443 60,871 1,001,493
2,421,380 1,032,506
3,453,886 3,610,372
EXPENSE
Salaries and Wages 791,782 368,865 1.160,647 1,035,708
Employee Benefits 247,694 131,046 378,740 405,402
Volunteer Services In -Kind 6,363 21,717 28,080 83,118
Service Provider Payments 84,606 116,481 201,087 320,389 Consultants and Contractual 319,496 165,802 485,298 334,782 Contractual In -Kind - 864,132
Materials and Supplies 377,355 58,042 435,397 165,353
Travel and Transportation 67,114 2,172 69,286 15,591
Repairs and Maintenance 65,908 7,947 73,855 50,039
Training and Seminars 19,310 2,004 21.314 10,927
Rent 1,626 4,867 6,493 27,641
Space In -Kind 15,006 16,726 31,732 49,923
Utilities and Telephone 10,797 3,648 14,445 19,932
Insurance 3,177 2,703 5,880 15,760
Capital Purchases 224,563 57,877 282.440
Human Resources Support 15,932 1,972 17,904 2,770
Medical and Participant Costs 5,104 6 5,110 2,259
Postage, Printing, and Other 3,422 1,284 4,706 9,075
Supplies and Food In -Kind 1,059 - 1,059 4,320
Indirect Expense 161,066 69.347 230.413 193,251
TOTAL EXPENSE (b)(c)
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
2,421,380 1.032,506 3,453,886 3,610,372
Notes:
(a) California Department of Education Contracts contributed $99,559 in matching non-federal share for grant #09CH011137/02. This amount was not included in the in -kind shown above but was incorporated in the reporting to the funder.
(b) June 30. 2020 expenditures of Grant Funds are accounted for by common accounting number (CAN) as follows:
CAN# 9-G094120
CAN# 9-G094121
CAN# 9-G094122
CAN# 9-G904125
EHS T&TA
HS T&TA
HS Operations
EHS Operations
23,431
21,310
2.021,191
1,327.083
TOTAL EXPENSE S 3.393,015
(c) COVID-19 One Time Funding expenditures for CAN 0-G980900 for 7/1/20 through 3/31/21 are S101,253. 37 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF HEALTH AND HUMAN SERVICES
MIGRANT AND SEASONAL HEAD START/EARLY HEAD START
FOR THE PERIODS SEPTEMBER 1, 2019 THROUGH AUGUST 31, 2020 AND SEPTEMBER 1, 2020 THROUGH MARCH 31, 2021
REVENUE
Grants and Contracts
City, County, and Other Income
In -Kind Contributions (a)
TOTAL REVENUE
EXPENSE
Salaries and Wages
Employee Benefits
Volunteer Services In -Kind
Service Provider Payments
Consultants and Contractual
Contractual In -Kind
Materials and Supplies
Travel and Transportation
Repairs and Maintenance
Training and Seminars
Rent
Space In -Kind
Utilities and Telephone
Insurance
Capital Purchases
Human Resources Support
Medical and Participant Costs
Postage, Printing, and Other
Supplies and Food In -Kind
Delegate Agency Contract
Indirect Expense
TOTAL EXPENSE (b)(c)
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
90CM9821/05
9/1/2019
Through
3/31/2020
$ 11,806.596
7,559
732,517
4/1/2020
Through
8/31/2020
$ 15,427,344
24,365
542,561
12,546,672 15,994,270
4,419,473 5,869,455
1,916,347 2,154,958
337,593 263,459
780,216 1,312,429
69,703 68,091
68,068 14,420
450.609 962,986
278,610 81,037
295,669 426,274
57,142 134,740
367,735 245,645
313,532 252,649
190,491 172,397
1,293 149,225
137,945 160,977
87,300 75,731
21,457 57,800
28,090 31,753
13,324 12,033
1,994,944 2,608,810
717,131 939,401
12,546,672 15, 994, 270
$
9/1/2019
Through
8/31/2020
$ 27,233,940
31,924
1,275,078
90C M009851 /01
9/1/2020
Through
3/31/2021
$ 11,836,868
6,326
575,004
28,540,942 12,418,198
10,288,928
4,071,305
601,052
2,092,645
137,794
82,488
1.413,595
359,647
721,943
191,882
613,380
566,181
362,888
150,518
298,922
163,031
79,257
59,843
25,357
4,603,754
1,656,532
4.461,660
1,519,927
244,050
805,407
75,822
2,652
631,816
102,283
316,595
79.529
317,412
320,394
212,626
262,195
70.022
6,733
40,121
7,908
2,249,850
691.196
28.540,942 12,418,198
Notes:
(a) California Department of Education Contracts contributed $1,196,782 in matching non-federal share for grant #90CM9821/05 and $588,910 in matching non-federal share for grant #90CM009851/01. These amounts were not included in the in -kind shown above but were incorporated in the reporting to the funder. (b) Training expenditures for MSHS CAN 20 for 9/1/19 through 8/31/20 are $235,349 and for 9/1/20 through 3/31/21 are $103.551. Training expenditures for MSEHS CAN 21 for 9/1/19 through 8/31/20 are $40,854 and for 9/1/20 through 3/31/21 are $13.401.
(c) COVID budget expenditures for CAN 900 for 9/1/20 through 3/31/21 are $496,598. 38 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF HEALTH AND HUMAN SERVICES
MIGRANT AND SEASONAL EARLY HEAD START CHILD CARE PARTNERSHIP PROGRAM FOR THE PERIOD SEPTEMBER 1, 2019 THROUGH AUGUST 31, 2020 AND SEPTEMBER 1, 2020 THROUGH MARCH 31, 2021
REVENUE
Grants and Contracts
In -Kind Contributions (a)
TOTAL REVENUE
90H M000019/01 90H M000019/02
9/1/2019 4/1/2020 9/1/2019 9/1/2020
Through Through Through Through
3/31/2020 8/31/2020 8/31/2020 3/31/2021
$ 2.431,684 $ 2,509,959 $ 4,941,643 $ 2,323,866
175,850 85,192 261,042 117,373
2.607,534 2,595,151
5,202,685 2.441,239
EXPENSE
Salaries and Wages 922,713 933,579 1,856,292 953,204
Employee Benefits 368,289 338,588 706,877 346,941
Volunteer Services In -Kind 48,143 42,016 90,159 58,983 Service Provider Payments 652,768 605,769 1,258,537 563,880 Consultants and Contractual 4,665 12,268 16,933 16,195
Contractual In -Kind 91,627 330 91,957 731
Materials and Supplies 88,386 211,002 299.388 108,337
Travel and Transportation 36,731 5,691 42,422 3,241
Repairs and Maintenance 56,961 51,036 107,997 52,663
Training and Seminars 11,958 41,818 53,776 15,338
Rent 49,461 40,787 90,248 50,067
Space In -Kind 30,944 40,602 71,546 57,259
Utilities and Telephone 24,384 22,061 46,445 23,098
Insurance 16,673 16,673
Capital Purchases 1,956 26,895 28,851 3,825
Human Resources Support 15.804 6,040 21,844 7,893
Medical and Participant Costs 13,515 9,329 22,844 688
Postage, Printing, and Other 4.112 4,491 8,603 6,641
Supplies and Food In -Kind 5,137 2,245 7,382 400
Indirect Expense 179,980 183,931 363,911 171,855
TOTAL EXPENSE (b)(c)
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
2.607,534 2,595,151 5,202,685 2,441,239
Notes:
(a) California Department of Education Contracts contributed $552,453 in matching non-federal share for grant #90HM000019/01 and $230,536 in matching non-federal share for grant #90HM000019/02. These amounts were not included in the in -kind shown above but were incorporated in the reporting to the funder. (b) August 31, 2020 expenditures of Grant Funds are accounted for by common accounting number (CAN) as folIONS:
CAN# 9-G989128
CAN# 9-G989121
$ 4854,814
86,829
TOTAL EXPENSE S 4.941.643
(c) COVID-19 One Time Funding expenditures for CAN 0-G980900 for 9/1/20 through 3/31/21 are $38,981. 39 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF HEALTH AND HUMAN SERVICES
MIGRANT AND SEASONAL EARLY HEAD START CHILD CARE PARTNERSHIP PROGRAM FOR THE PERIOD SEPTEMBER 1, 2019 THROUGH AUGUST 31, 2020 AND SEPTEMBER 1, 2020 THROUGH MARCH 31, 2021
90HM000010/03 90HM000010/04
9/1/2019 4/1/2020 9/1/2019 9/1/2020
Through Through Through Through
3/31/2020 8/31/2020 8/31/2020 3/31/2021
REVENUE
Grants and Contracts $ 697,879 $ 786,809 $ 1,484,688 $ 684,105 In -Kind Contributions 46,098 27,644 73,742 22,720
TOTAL REVENUE 743,977 814,453 1,558,430 706,825
EXPENSE
Salaries and Wages 180,704 156,976 337,680 191,020
Employee Benefits 71,248 44,590 115,838 61,886
Volunteer Services In -Kind 28,284 27,093 55,377 22,275 Service Provider Payments 249,685 244,887 494,572 224,363 Consultants and Contractual 4,622 4,622 4,568
Contractual In -Kind 15.597 - 15.597 42
Materials and Supplies 18,633 45,453 64,086 24,202
Travel and Transportation 9.314 592 9,906 904
Repairs and Maintenance 8.540 4,900 13.440 7.728
Training and Seminars 3,537 10,403 13,940 3,501
Rent 14.200 10,232 24,432 16,346
Space In -Kind 21 - 21 212
Utilities and Telephone 3,348 4,927 8,275 4,398
Insurance 1,416 1,416 -
Human Resources Support 2,897 2,343 5,240 2,325
Medical and Participant Costs 1,737 2,095 3,832 235
Postage, Printing, and Other 1,039 1,220 2,259 1,532
Supplies and Food In -Kind 2,197 550 2,747 191
Delegate Agency Contract 82,814 214,373 297,187 97,656
Indirect Expense 45,560 42,403 87,963 43,441
TOTAL EXPENSE (a)(b) 743,977 814,453 1,558,430 706.825
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
Notes:
(a) August 31, 2020 expenditures of Grant Funds are accounted for by common accounting number (CAN) as follows:
CAN# 9-G989128
CAN# 9-G989121
$ 1,457,761
26.927
TOTAL EXPENSE $ 1.484.688
(b) COVID-19 One Time Funding expenditures for CAN 0-G980900 for 9/1/20 through 3/31/21 are $12,534. 40 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF HEALTH AND HUMAN SERVICES
MIGRANT AND SEASONAL EARLY HEAD START CHILD CARE PARTNERSHIP PROGRAM FOR THE PERIOD MARCH 1, 2020 THROUGH FEBRUARY 28, 2021
AND MARCH 1, 2021 THROUGH MARCH 31, 2021
9OHM000011/02 9OHM000011/03
3/1/2020 4/1/2020 3/1/2020 3/1/2021
Through Through Through Through
3/31/2020 2/28/2021 2/28/2021 3/31/2021
REVENUE
Grants and Contracts $ 80,119 $ 1,018,760 $ 1,098,879 $ 74,560 In -Kind Contributions 9,085 72,820 81,905 228
TOTAL REVENUE
89,204 1,091,580
1,180,784 74,788
EXPENSE
Salaries and Wages 23,059 239,339 262,398 24,667
Employee Benefits 5,322 84,714 90,036 6,678
Volunteer Services In -Kind 1.795 17,853 19,648 228
Service Provider Payments 38,301 409,368 447,669 23,811 Consultants and Contractual 155 1,764 1,919 2,108
Contractual In -Kind 7,000 54,676 61,676 -
Materials and Supplies 3,487 152,403 155,890 6,712
Travel and Transportation 914 2,790 3,704 374
Repairs and Maintenance 534 6.821 7.355 415
Training and Seminars 8 12,919 12,927 2,048
Rent 1,288 14,394 15,682 1,338
Utilities and Telephone 123 5,425 5,548 385
Human Resources Support 1 9,147 9,148 -
Medical and Participant Costs 939 1,798 2,737 171
Postage, Printing, and Other 53 2,414 2,467 330
Supplies and Food In -Kind 290 291 581 -
Indirect Expense 5,935 75,464 81,399 5,523
TOTAL EXPENSE (a)(b)
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
89,204 1,091,580 1,180,784
74,788
Notes:
(a) February 28, 2021 expenditures of Grant Funds are accounted for by common accounting number (CAN) as follows:
CAN# 0-G984122 $ 1,055,000
CAN# 0-G984121 25,000
CAN# 0-G980900 18.879
TOTAL EXPENSE $ 1.098,879
(b) COVID-19 One Time Funding expenditures for CAN 0-G980900 for 4/1/20 through 2/28/21 are $18,879. 41 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
ESSENTIAL ACCESS HEALTH
FEDERAL TITLE X - FAMILY PLANNING - #778-5320-71209-20-21 FOR THE YEAR ENDED MARCH 31, 2021
4/1/2020
Through
3/31/2021
REVENUE
Grants and Contracts $ 496,000
TOTAL REVENUE 496,000
EXPENSE
Salaries and Wages 280,001
Employee Benefits 70,461
Medical and Program Ssupplies 25,886
Materials and Supplies 27,459
Travel and Transportation 804
Training and Seminars 9,956
Advertising 44,000
Utilities and Telephone 692
Indirect Cost 36,741
TOTAL EXPENSE 496,000
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
42 REVENUE
Grants and Contracts
Participant Support
Foundation Revenue
Donations
Other Revenue
TOTAL REVENUE
EXPENSE
Salaries and Wages
Employee Benefits
Consultants and Contractual
Medical Expenses
Materials and Supplies
Travel and Transportation
Repairs and Maintenance
Training and Seminars
Rent
Utilities and Telephone
Insurance
Capital Purchases
Human Resources Support
Postage. Printing, and Other
Interest and Depreciation
Indirect Expense
TOTAL EXPENSE
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
STATE OF CALIFORNIA DEPARTMENT OF HEALTH SERVICES
FAMILY PLANNING AND CLINICAL PROGRAM: F-PACT
FOR THE YEAR ENDED MARCH 31, 2021
For the Period 4/1/2020-6/30/2020
San Luis
Obispo
Clinic
$ 248,771
1,395
2,746
252,912
Arroyo 4/1/2020
Grande Through
Clinic 6/30/2020
$ 134,304
639
250
135,193
$ 383,075
2,034
2,996
For the Period 7/1/2020-3/31/2021
San Luis Arroyo
Obispo Grande
Clinic Clinic
$ 662.283
5,362
15,363
2,942
$ 508,007
5,756
1,396
388,105 685,950 515,159
7/1/2020
Through
3/31/2021
$ 1,170,290
11,118
15,363
4,338
1,201,109
Total
Clinical
Programs
$ 1,553,365
13,152
15,363
7,334
1,589,214
97,982 43,986 141,968 243,499 176,713 420.212 562,180
29,371 23,582 52,953 85,003 53,500 138,503 191,456
1,413 1,413 2,826 6,707 4,339 11,046 13,872
49,256 19,831 69,087 122,009 93,156 215,165 284,252
28,455 11,595 40,050 29,527 25,281 54.808 94,858
86 - 86 320 254 574 660
7,172 7,499 14,671 19,041 21,096 40,137 54,808
532 532 1.241 - 1,241 1,773
3,159 5,055 8,214 14,167 10,719 24,886 33,100
- 19.033 6,143 25,176 25,176
1,264 744 2,008 2,196 1,780 3,976 5,984
8,563 963 9,526 6,869 5,163 12,032 21,558
1,353 6,538 7,891 6,386 19,626 26.012 33,903
18,180 9,174 27,354 43,969 31,851 75,820 103,174
246,786 130,380 377,166 599,967 449,621 1,049,588 1,426,754 $ 6,126
$ 4,813
$ 10,939 $ 85,983 $ 65,538
$ 151,521
$ 162,460
43 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
SAN LUIS OBISPO COUNTY
FEDERAL EMERGENCY MANAGEMENT AGENCY /
EMERGENCY FOOD AND SHELTER PROGRAM (FEMA/EFSP)
FOR THE YEAR ENDED MARCH 31, 2021
Phase 36 Phase 37
7/1/2019 4/1 /2020 7/1/2019 7/1/2020
Through Through Through Through
3/31/2020 6/30/2020 6/30/2020 3/31/2021
REVENUE
Grants and Contracts $ 21,272 $ - $ 21,272 $ 8,643
Other Income - -
TOTAL REVENUE 21,272
21,272 8,643
EXPENSE
Utilities 8,713 8,713 92
Janitoral 4,650 4,650 517
Repairs and Maintenance 1,043 1,043 7,635
Program Supplies 1,916 1,916 399
Food Supplies 3,907 3,907 -
Equipment Repair and Maintenance 603 603
Laundry Service 440 440
TOTAL EXPENSE 21,272
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
21,272 8,643
44 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
U.S. DEPARTMENT OF VETERANS AFFAIRS
SUPPORTIVE SERVICES FOR VETERAN FAMILIES (SSVF) #18-CA-358 FOR THE YEAR ENDED MARCH 31, 2021
REVENUE
Grants and Contracts
TOTAL REVENUE
EXPENSE
Salaries and Wages
Employee Benefits
Consultants and Contractual
Materials and Supplies
Travel and Transportation
Repairs and Maintenance
Training and Seminars
Rent
Utilities and Telephone
Insurance
Human Resources Support
Postage. Printing, and Other
Indirect Cost
TOTAL EXPENSE
EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE
2018-CA-358-20
10/1/2019 4/1/2020 10/1/2019
Through Through Through
3/31/2020 12/31/2020 12/31/2020
$ 402,638 8 663,788 8 1,066,426
402,638 663,788 1,066,426
134,801
45,804
129,793
16,059
15,907
3,111
450
20,962
4,507
432
987
29,825
402.638
$ $
2018-CA-358-CA
4/1/2020
Through
9/30/2020
$ 571,380
571,380
133.670 268.471 138,075
45,489 91,293 41,195
389,769 519.562 302,528
6,934 22,993 19,173
5,409 21,316 7,417
2,443 5,554 3,071
1,125 1,575 -
24,272 45,234 12,096
4,475 8,982 4,607
685 1,117 496
347 1,334 398
49.170 78.995 42,324
663,788 1,066.426 571,380
$ $
2018-CA-358-C2
1/1/2021
Through
3/31/2021
$ 653,386
653,386
170,026
55,729
337,245
11,591
5,678
1,769
13,538
4,063
4,929
358
61 48.399
653.386
$
45 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 90102A - SAN LUIS OBISPO
HOME REPAIR SERVICES
FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020
7/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 6/30/2020 Costs 7/1/2019.6/30/2020 7/1/2019-6/30/2020 Vanance
REVENUE
Grants and Contracts S 164,158 5 23.342 S 187,500 5 187,500 $ 187,500 S - In -Kind 99,859 2,207 102,066 102.066 46,875 (55,191)
Program Income 2,660 345 3,005 2,980 2,000 (1,005)
Donations -Unrestricted
TOTAL REVENUE
EXPENSE
Personnel.
Salaries and Wages
Payroll Taxes
Employee Benefits
In -Kind Personnel
Total Personnel
Travel and Training'
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
266,677 25.894
292,571 292,546
236,375 (56,196)
78,781 12.595 91,376 90,100 88,000 (3.376)
6,754 946 7.700 7.742 7.500 (200)
23.265 3.933 27,198 27,088 26,000 (1,198)
25,516 -
108,800 17.474
792
12E1,274 150,446
121,500 (4,7741
792 792 2,500 1.708
Tolal Travel and Training 792 792 792 2,500 1,708
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants.
Consultants
In -Kind Consultants
Total Consultants
Other Costs
Rent 1,730 538 2.268 2.249 2,550 282
Telephone 929 129 1,058 1,040 t,450 392
Utilities 675 77 752 752 850 98
Insurance 1.120 t,120 1.120 1.300 180
Accounlrng/Auditing - - - - - -
Office Supplies/Postage 641 147 788 788 1,300 512
Vehicle Operations 4,615 357 4,972 5,363 5,895 923
Vehicle Repairs and Maintenance 478 - 478 478 1.885 1,407 Building Repairs and Maintenance 611 106 717 716 1.175 456 Equipment Repairs and Maintenance
Equipment Rental
Volunteer Expense - - - -
Taxes and Licenses - 700 700
Printing - 200 200
Advertising - - 125 125
Memberships/Subscriptions - -
Outside Services
Program Supplies 33.464 2,963 36.427 113.949 76.493 40,066 Other Costs 606 141 747 743 943 196
Indirect/Allocated Costs 12.357 1,755 14,112 14.110 17.509 3,397 Other In -Kind 99 859 2.207 102,066 (102,0661
Total Other Costs 157.085 8.420 165,505 141.308 112.375 (53.130) TOTAL EXPENSE 266.677 25894 292,571 292 546 236.375 (56,196) Excess (Deficiency) of Revenue
Over Expense S
46 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 90102B - SANTA MARIA
HOME REPAIR SERVICES
FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020
7/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3(31/2020 6/30/2020 Costs 7/1/2019-6/30/2020 7/1/2019-6/30/2020 Variance
REVENUE
Grants and Contracts 5 69.884 5 10.117 $ 80.001 $ 80,000 $ 80,000 5 (1) In -Kind 45,294 45.294 45.274 20,000 (25.294)
Program Income 655 870 1,525 1,525 1,000 (525)
Donations -Unrestricted
TOTAL REVENUE
115,833 10,987 126.820 126.799 101,000 (25,820)
EXPENSE
Personnel:
Salaries and Wages 31,708 4,053 35.761 36,271 40,314 4,553 Payroll Taxes 2.749 284 3.033 3.053 3.978 945
Employee benefits 11,837 2.473 14.310 13.962 16,726 2.416 In'Kind Personnel - 11,318 -
Total Personnel
Travel and Training:
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
46.294 6.810
828
Total Travel and Training 828
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants
Consultants
hrK nil Consultants
Total Consultants
53.104 64,604
61,018 7,914
828 828 2,200 1,372
828 828 2.200 1.372
Other Costs
Rent 882 265 1.147 1.138 1.650 503
Telephone 472 31 503 480 650 147
Utilities 460 39 499 499 750 251
Insurance 481 481 481 500 19
Accounting/Auditing _
-
Office Supplies:Postage 429 74 503 503 800 297
Vehicle Operations 2.661 2.661 2.661 3.700 1,039
Vehide Repairs and Maintenance 253 253 253 6(10 347
Building Repairs and Maintenance 332 67 399 399 850 451 Equipment Repass and Maintenance -
Equipment Rental
Volunteer Expense
-
Taxes and Licenses 196 196 196 400 204
Printing
-
Advertising -
Memberships/Subscriptions - - -
Outside Services - _ 19.601 19.601
Program Supplies 11.608 2 764 14.372 48,232 800 (13 572) Other Costs 418 123 541 486 7.481 G.940
Indirect/Allocated Costs 5,225 814 6.039 6.039 (6.039)
Other In -Kind 45.294 45.294 (45.294)
Total Other Costs 66.711 4.177 72,888 61.367 37,782 (35.106) TOTAL EXPENSE 115.833 10.987 126.620 126.799 101,000 (25.820) Excess (Deficiency) of Revenue
Over Expense
47 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 90102C
ADULT DAY SERVICES IIIB FUNDING
FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020
7/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 6/3012020 Costs 7/1/2019-6/30/2020 7/1/2019-6/30/2020 Variance
REVENUE
Grants and Contracts (AAA) 5 51.000 5 2,877 5 53.877 5 53,877 S 53.877 5 Grants and Contracts (VA) - -
Grants and Contracts (CBO) 13,200 1,028 14.228 14,228 13,200 (1,028) In -Kind 14.824 4.176 19.000 19,000 11,640 (7,360)
Donations -Unrestricted - - - - -
Program Support 12,853 4.961 17.814 17,814 34.696 16,682 Other Revenue (Client Contributions) 15.261 1.000 16.261 16,261 18,000 1,739 TOTAL REVENUE 107.138 14.042 121.180 121,180 131,413 10.233
EXPENSE
Personnel:
Salaries and Wages
Payroll Taxes
Employee Benefits
In -Kind personnel
Total Personnel
Travel and Training:
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
48,450 3.458 51.908 51,908 59,995 8.087
4.151 307 4.458 4,458 5,447 989
13,149 1,162 14.311 14.311 19.589 5,278
6.689 6,689 6,689 5.600 (1.089)
72,439 4,927 77,366 77,366 90,631 13,265
414
50 414 322 300
50 50 138
(114)
88 Total Travel and Training 464 - 464 372 438 (26)
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants:
Consultants
In -Kind Consultants
Total Consultants
2,321
2.321
2.321 2.321
2,321
2.321
2,321 2.321
Other Costs.
Rent 6.184 896 7.080 7,081 7,004 (76)
Telephone 358 2 360 360 400 40
Utilities 532 37 569 568 1,290 631
Janitorial 706 - 706 706 744 38
Insurance 162 162 162 1,140 978
Accounting/Auditing - - - - -
Office Supplies/Postage 287 - 287 287 460 173
Vehicle Operations - 92 192 192
Vehicle Repairs and Maintenance - -
Buihling Repairs and Maintenance 509 193 702 702 1,000 298 Equipment Repairs and Maintenance 646 646 646 656 10
Equipment Rental -
Volunteer Expense - - - -
Taxes and Licenses 74 74 74 80 6
Printing 92 92 92 60 (32)
Advertising - - - 480 489
Memberships/Subscnptions 145 - 145 145 138 (7)
Outside Services (Nutrition) 7,284 7.284 7.284 7,400 116 Program Supplies 2,930 112 3.042 3.042 2.370 (672)
Indirect/Allocated Costs 6.837 732 7.569 7,569 8.659 1.090 Other In -Kind 8,135 4,176 12,311 12.311 6,040 (6,271)
Total Other Costs 34,235 6.794 41,029 41.121 38,023 (3,006) TOTAL EXPENSE 197.138 14.042 121.180 121,180 131,413 10.233 Excess (Deficiency) of Revenue
OverExnense 5 - S - 5 - 5 5 5
48 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 90102D
ADULT DAY SERVICES IIID FUNDING
FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020
REVENUE
Grants and Contracts (AAA)
Grants and Contracts (VA)
Grants and Contracts (CBO)
In -Kind
Donations -Unrestricted
Program Support
Other Revenue (Client Contributions)
TOTAL REVENUE
7/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 6/30/2020 Costs 7/1/2019.3/31/2020 7/1/2019.6/30/2020 Variance 5 5 10.000 $ 10.000 $ 10.000 5 10.000 $
10,000 10.000
10,000 10,000
EXPENSE
Personnel:
Salaries and Wages - 5,891 5,891 5.891 5,691
Payroll Taxes 400 400 400 400
Employee Benefits 1,407 1,407 1.407 1,407
In -Kind personnel - -
Total Personnel
Travel and Training:
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
Total Travel and Training
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants
Consultants
In -Kind Consultants
Total Consultants
7,698 7.698
7,698 7,698
Other Costs.
Rent - 1.370 1.370 1.370 1.370
Telephone - 64 64 64 64
Utilities 6 6 6 6
Janitorial - -
Insurance
Accounting/Auditing
Office Supplies:Postage - -
Vehicle Operations - -
Vehicle Repairs and Maintenance - - -
Building Repairs and Maintenance 28 28 28 28
Equipment Repairs and Maintenance -
Equipment Rental -
Volunteer Expense - -
Taxes and Licenses -
Pnnlulg - -
Advertising - -
Memberships/Subscriptions -
Outside Services (Nutrition) - - -
Program Supplies - 42 42 42 42
Other Costs 51 51 51 51
Indirect/Allocated Costs 741 741 741 741
Other In -Kind - -
Total Other Costs - 2.302 2.302 2.302 2.302
TOTAL EXPENSE 10,000 10,000 10,000 10.000
Excess (Deficiency) of Revenue
OverExpense
49 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 01102A - SAN LUIS OBISPO
HOME REPAIR SERVICES
FOR THE PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021
7/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 6/30/2021 Costs 7/1/2020-3/31/2021 7/1/2020-6/30/2021 Variance
REVENUE
Grants and Contracts $ 120,680 5 $ 120,680 5 120,680 5 125,000 5 4,320 In -Kind 34.072 34,072 34,072 31,250 (2.822)
Program Income 1,470 1.470 1,470 2,000 530
Donations -Unrestricted - - -
TOTAL REVENUE 156.222
156,222 156.222
158,250 2.028
EXPENSE
Personnel:
Salaries and Wages 53,948 53.948 53,948 56,993 3.045
Payroll Taxes 3,718 3.718 3,717 5,671 1,953
Employee Benefits 13,385 13.385 13,386 17,458 4.073
In -Kind Personnel - - 8,518 -
Total Personnel 71.051 71,051 79.569 80.122 9.071
Travel and Training.
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
388
388 388 2.000 1,612
Total Travel and Training 388 388 388 2,000 1,612
Equipment
Expendabte
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants:
Consultants
In -Kind Consultants
Total Consultants
Other Costs:
Rent 1,561 1.561 1,562 1,975 414
Telephone 449 - 449 449 890 441
Utilities 361 - 361 361 664 303
Insurance - - 1,200 1.200
Accounting/Auditing - - _ _ _
Office Supplies/Postage 588 588 588 900 312
Vehicle Operations 2,841 2.841 2.841 5,330 2,489
Vehicle Repairs and Maintenance 527 527 527 1,455 928
Building Repairs and Maintenance 335 335 335 900 565
Equipment Repairs and Maintenance
Equipment Rental - -
Volunteer Expense -
Taxes and Licenses - 700 700
Printing - - 150 150
Advertising 100 100
MembershipsiSuhscriptions -
Outside Services - -
Program Supplies 34,591 34.591 60.144 51,704 17.113
Other Costs 410 - 410 410 900 490
Indirect/Allocated Costs 9,048 9.048 9.048 9.260 212
Other In -Kind 34.072 34.072 (34.072)
Total Other Costs 84,783 84.783 78,265 76,128 (8.655)
TOTAL EXPENSE 156,222 - 156,222 156,222 158,250 2.028
Excess (Deficiency) of Revenue
Over Expense $ - 5 5 - 5 $ $
50 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 01102E - SANTA MARIA
HOME REPAIR SERVICES
FOR THE PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021
7/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 6/302021 Costs 7/1/2020-6/30/2021 7/12020-6/30/2021 Variance
REVENUE
Grants and Contracts 5 45.056 5 $ 45,056 $ 50.000 5 50,000 $ 4,944 In -Kind 9.681 9.681 9.681 12,500 2.819
Program Income 1,415 - 1,415 1,415 1,000 (415)
Donations -Unrestricted - - -
TOTAL REVENUE 56,152
56.152 61,096
63,500 7,348
EXPENSE
Personnel:
Salaries and Wages 20.204 20.204 22,275 23,697 3.493
Payroll Taxes 1.389 1.389 1.621 2.336 947
Employee Benefits 3,955 - 3.955 4,485 7,187 3,232
In -Kind Personnel - - 2.420
Total Personnel 25.548 25.548 30,801 33,220 7,672
Travel and Training:
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
156
156 156 2,000 1,644
Total Travel and Training 156 156 156 2,000 1,844
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants:
Consultants
In -Kind Consultants
Total Consultants
Other Costs:
Rent 797 797 797 1.375 578
Telephone 339 339 339 450 111
Utilities 173 173 173 395 222
Insurance - - 500 500
Accounting/Auditing - - -
Office Supplies/Postage 283 283 283 (283)
Vehicle Operations 1.493 1493 1.493 2,700 1.207
Vehicle Repairs and Maintenance 545 545
Building Repairs and Maintenance 217 217 217 680 463
Equipment Repairs and Maintenance - -
Equipmenl Rental -
Volunteer Expense
Taxes and Licenses - 400 400
Printing - -
Advertising - -
Memberships/Subscriptions - -
Outside Services - -
Progrant Supplies 13.841 13.841 22,846 16,860 3,019
Other Costs 182 - 182 182 671 499
Indirect/Allocated Costs 3.442 3.442 3.809 3,704 262
Other In -Kind 9.681 - 9.681 (9.6811
Total Other Costs 30,448 - 30.448 30.139 28.280 (2.168) TOTAL EXPENSE 56.152 56.152 6t.096 63.500 7.348
Excess (Deficiencvl of Revenue
Over Expense $ $ 5 5 - $ 5
51 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING #FP102A - SAN LUIS OBISPO
STATE - DIGNITY AT HOME FALL PREVENTION
FOR THE PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021
7/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/3)/202I 6/30/2021 Costs 7/1/2020.3/31/2021 7/1/2020-6/30/2021 Variance
REVENUE
Grants and Contracts S 32,991 $ $ 32,991 S 32,991 S 59.513 S 26,522 In -Kind
Program Income - 1,100 1.100
Donations-U nre sl ncted
TOTAL REVENUE 32.991 32.991 32,991 60,613 27.622
EXPENSE
Personnel:
Salaries and Wages
Payroll Taxes
Employee Benefits
In -Kind Personnel
16.002 16.002 16,002 16,702 700
1,535 1,535 1.536 1.224 (311)
4,120 4,120 4,120 3.947 (173)
Total Personnel 21,657
Travel and Training.
Stan Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
146
21,657 21,657
21.873 216
146 146 1.200 1.054
Total Travel and Training 146 146 146 1,200 1.054
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants.
Consultants
In -Kind Consultants
Total Consultants
Other Costs:
Rent 87 87 87 1.200 1.113
Telephone 168 - 168 168 200 32
Utilities 59 - 59 59 250 191
Insurance - 600 600
Accounting/Auditing - - - - -
Oflice Supplies/Postage 166 166 166 750 584
Vehicle Operations 739 739 739 3.200 2,461
Vehicle Repairs and Maintenance 1,425 1.425
Budding Repairs and Maintenance 350 350
Equipment Repairs and Maintenance
Equipment Rental
Volunteer Expense - -
Taxes and Licenses - 800 800
Printing - 280 280
Advertising -
Memberships/Subscnpbons - - -
Outside Services
Program Supplies 7.344 7.344 7,344 23.275 15.931
Other Costs 182 182 162 720 538
I ndirecl/AJtocaled Costs 2,443 - 2,443 2.443 4.490 2,047 Other In -Kind -
Total Other Costs
TOTAL EXPENSE
Excess (Deficiency) of Revenue
Over Expense
11.188
32.991
11.188 11. 188
32.991 32,991
37.540 26.352
60.613 27.622
52 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING #FP102B - SANTA MARIA
STATE - DIGNITY AT HOME FALL PREVENTION
FOR THE PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021
7/1/2020
Through
3/31/2021
411 /2021
Through
6/30/2021
REVENUE
Grants and Contracts S 1.940 S
In -Kind -
Program Income
Donations -Unrestricted
TOTAL REVENUE 1.940
EXPENSE
Personnel:
Salaries and Wages
Payroll Taxes
Employee Benefits
In -Kind Personnel
Total Personnel
Travel and Training
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
Total Travel and Training
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants
Consultants
In -Kind Consultants
Total Consultants
Other Costs.
Rent
Telephone
Utilities
Insurance
Accounting/Auditing
Office Supplies/Postage
Vehicle Operations
Vehicle Repairs and Maintenance
Building Repairs and Maintenance
Equipment Repairs and Maintenance
Equipment Rental
Volunteer Expense
Taxes and Licenses
Printing
Advertising
Memberships;Subsoiptions
Outside Services
Program Supplies
Other Costs
Indirect/Allocated Costs
Other In -Kind
Total Other Costs
TOTAL EXPENSE
Excess (Deficiency) of Revenue
Over Expense
1,006
61 136
Total
Audited
Costs
Reported
Expenses Total Budget
7/1/2020-6/30/2021 7/1/2020-6/30/2021 Variance
S 1.940 S 1,940 S 34,931
800
1,940 1,940 35,731
1,006
81 136
1,223 1,223
I1 11
11 11
37 37
514
144
1.006
81 136
1.223
11 11
37 10,006
848
2,812
13,666
1.200
1.200
5 32.991
800
33,791
9,000
767
2,676
12,443
1.200
1,200
1,500 1,489
275 275
300 300
600 600
950 939
2,300 2,263
950 950
550 550
1,000 1,000
280 280
514 514 9,072 8,558
- 501 501
144 144 2,587 2.443
717 717
1.940 1.940
s
717 20,865 20.148
1,940
35,731 33,791
s s S
53 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 01102C
ADULT DAY SERVICES IIIB FUNDING
FOR THE PERIOD JULY 1, 2020 THROUGH JUNE 30, 2021
7/12020 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 6/302021 Costs 7/1/2020-6/30/2021 7/1/2020-6/30/2021 Variance
REVENUE
Grants and Contracts (AAA) $ 34.278 S $ 34,278 $ 34,278 $ 51,000 S 16,722 Grants and Contracts (VA) - _ - _ _
Grants and Contracts (CB()) 10,630 10,630 5,750 11,500 870 In -Kind 12,632 12,632 11.520 11,500 (1,132)
Donations -Unrestricted - - -
Program Support _ _ - _
Other Revenue (Client Contributions) 4,135 - 4,135 4.135 14,981 10,846 TOTAL REVENUE 61.675 61.675 55,683 88,981 27,306
EXPENSE
Personnel:
Salaries and Wages 25,950 25.950 21,747 39,054 13,104
Payroll Taxes 2,136 - 2,136 1.795 3.525 1.389
Employee Benefits 9.316 9.316 9,397 15,134 5,818
In -Kind Personnel 679 679 662 1,500 821
Total Personnel 38,081 38,081 33.601
59,213 21.132
Travel and Training:
Staff Travel - 188 188
In -Kind Staff Travel
Staff Training 88 88 88 75 (13)
In -Kind Staff Training
Total Travel and Training 88 88 88 263 175
Equipment
Expendable
Non -Expendable _
In -Kind Equipment - - - -
Total Equipment
Consultants:
Consultants
In -Kind Consultants
Total Consultants
Other Costs:
Rent 3,380 3.380 3,380 4,509 1,129
Telephone 281 281 280 250 (31)
Utilities 423 423 429 750 327
Janitorial 421 421 421 (421)
Insurance - - 713 713
Accounting/Auditing - -
Office Supplies/Postage 106 106 106 276 170
Vehicle Operations 164 164 164 275 111
Vehicle Repairs and Maintenance _ - -
Building Repairs and Maintenance 1.154 1.154 1,154 1,690 536 Equipment Repairs and Maintenance 41 41 41 62 21
Equipment Rental -
Volunleer Expense _
Taxes and Licenses 38 - 38 38 50 12
Printing - 50 50
Advertising
Memberships/Subscriptions - - 75 75
Outside Services (Nutrition) 417 417 346 2,688 2.271
Program Supplies 1,037 1,037 1,011 1.835 798
Other Costs 458 458 458 543 85
Indirect/Allocated Costs 3.633 3.633 3,308 5,739 2.106
Other In -Kind 11,953 - 11,953 10.858 10,000 (1,953)
Total Other Costs 23.506 23.506 21,994 29,505 5.999
TOTAL EXPENSE 61,675 61.675 55.683 88.981 27,306
Excess (Deficiency) of Revenue
OverExuense $ - $ - S
54 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 01748H
ADULT DAY SERVICES AAAN HR748 FUNDING
FOR THE PERIOD JANUARY 1, 2020 THROUGH SEPTEMBER 30, 2021 1/1/2021 4/112021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 9/30/2021 Costs 1/1/2021-9/30/2021 1/1/2021-9/30/2021 Variance
REVENUE
Grants and Contracts (AAA) 5 2,436 5 - 5 2,436 5
Grants and Contracts (VA) -
Grants and Contracts (CBO)
In -Kind
Donations-Unrestricled
Program Support
Other Revenue (Client Contributions)
2,436 $
11,140 5 8,704
TOTAL REVENUE 2,436 2,436 2,436 11,140 8,704
EXPENSE
Personnel:
Salaries and Wages 1.269 1.269 1,269 4,487 3,218
Payroll Taxes 176 176 176 405 229
Employee Benefits 421 421 421 1,423 1,002
In -Kind Personnel - - - -
Total Personnel 1,866
Travel and Training:
Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
Total Travel and Training
Equipment
Expendable
Non -Expendable
En -Kind Equipment
Total Equipment
Consultants
Consultants
In -Kind Consultants
Total Consultants
Other Costs
Rent
Telephone
Utilities
Janitorial
Insurance
Accounting/Auditing
Office Supplies/Postage
Vehicle Operations
Vehicle Repairs and Maintenance
Building Repairs and Maintenance
Equipment Repairs and Maintenance
Equipment Rental
Volunteer Expense
Taxes and Licenses
Printing
Advertising
Memberships/Subscriptions
Outside Services (Nutrition)
Program Supplies
Other Program Supplies
Indirect/Allocated Costs
Other In -Kind
390
180
Total Other Costs 570
TOTAL EXPENSE 2.436
Excess (Deficiency) of Revenue
1,866 1,866
390
180
6,315 4,449
390 4,000 3,610
180 825 645
570 570 4.625
2.436 2.436 11,140
Over Exoense $ S 5 S - 5
4,255
8.704
$
55 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
DEPARTMENT OF ENERGY (DOE)
FOR THE PERIOD JUNE 1, 2018 THROUGH JUNE 30, 2020
17C-4024
6/1/2018 4/1/2019 4/1/2020 Total Reported
Through Through Through Audited Expenses Total Budget
3/31/2019 3/31/2020 6130/2020 Costs 611/2018-3/31/2020 6/1/2018-6130/2020 Variance
REVENUE
Grants and Contracts $ 57,598 $ 36,667 S $ 94,265 5 90,964 $ 107,087 $ 12,822 TOTAL REVENUE 57.598 36.667 94,265 90.964 107.087 12,822
EXPENSE
ADMINISTRATIVE COSTS
Administrative Costs
Administrative Equipment
Total
3,186 1,995
3.186 1.995
5,181 4,951
5,181 4,951
6,164 983
6.164 983
TRAINING AND TECHNICAL ASSISTANCE
Training and Technical Assistance 800 800
Out -of -State Travel
Total
800 800
PROGRAM COSTS
Liability Insurance 259 259 259 (259)
Intake 1,082 3,818 4.900 4,900 5,400 500
Outreach 1,336 3,888 5,224 5,224 6,000 776
Direct Program Activities 22,468 13.700 36,168 30,375 38,000 1,832 Minor Vehicle and Equipment - _ - -
General/Operating Expenses 1.030 907 1,937 1.937 2.000 63 Other Program Costs 17.402 10,121 27.523 30.226 31.923 4,400 Client Education 795 1,979 2.774 2,774 2.800 26
Automation Supplemental -
Health and Safety Activities 10,299 10,299 10,318 14,000 3.701 Total 54,412 34,672 89,084 86,013 100,123 11.039
TOTAL EXPENSE 57,598 36,667 94,265 90,964 107.087 12,822 Excess (Deficiency) of Revenue
Over Expense $ S S $ $ $ $
56 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
DEPARTMENT OF ENERGY (DOE)
DISGORGEMENT ASSISTANCE PROGRAM (DAP): WEATHERIZATION
FOR PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2021
20D - 1033
10/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 3/31/2021 Costs 10/1/2019-3/31/2021 10/1/2019-12/31/2021 Variance
REVENUE
Grants and Contracts $ 13,022 $ 20,586 $ 33,608 $
Other Revenue
TOTAL REVENUE
13,022 20,586
12,675 $
41,000 $ 7,392
33.608 12,675 41,000 7,392
EXPENSE
PROGRAM COSTS
Intake 3,280 3,280
Outreach 2,050 2,050
Training 2,050 2,050
Total
DIRECT PROGRAM COSTS
Direct Program Costs
13.022 20,586
33,608 12,675
7,380 7,380
33.620 12
Total 13.022 20,586 33,608 12,675 33,620 12
TOTAL EXPENSE 13,022 20,586 33,608 12,675 41,000 7,392
Excess (Deficiency) of Revenue
Over Expense $ $ $ $ $ $
57 REVENUE
Grants and Contracts
Other Revenue
TOTAL REVENUE
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
DEPARTMENT OF ENERGY (DOE)
DISGORGEMENT ASSISTANCE PROGRAM (DAP): / ASSURANCE 16 /
HOME ENERGY ASSISTANCE PROGRAM (HEAP)
FOR PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2021
20D - 1033
10/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 3/31/2021 Costs 10/1/2019-3/31/2021 10/1/2019-12/31/2021 Variance $ 1,318 $ 3,086 $ 4,404 $ 1,129 $ 8.426 $ 4,022
1,318 3.086
4,404 1,129
8,426 4,022
EXPENSE
ASSURANCE 16
Assurance 16 Activities 42 42 42 2,471 2,429
ADMINISTRATIVE COSTS
Administrative Costs 683 1,127 1.810 494 2,471 661
PROGRAM SUPPORT COSTS
Intake - - 279 279
Outreach 145 145 145 174 29
Training - - 70 70
Total 145 145 145 523 378
PROGRAM SERVICES COSTS
ECIP Emergency Heating and Cooling Services (EHCS) 448 1,959 2,407 448 2,961 554 Total 448 1,959 2,407 448 2,961 554
TOTAL EXPENSE 1,318 3,086 4,404 1,129 8,426 4,022
Excess (Deficiency) of Revenue
Over Expense $ $ $ $ $ $
58 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
LOW INCOME HOUSING ENERGY ASSISTANCE PROGRAM (LIHEAP): WEATHERIZATION FOR THE PERIOD OCTOBER 1, 2018 THROUGH JUNE 30, 2020
19B - 5033
10/1/2018 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 6/30/2020 Costs 10/1/2018-6/30/2020 10/1/2018-6/30/2020 Variance
REVENUE
Grants and Contracts $ 361,883 $ - $ 361,883 $ 358,919 $ 361,883 $ Other Revenue - - -
TOTAL REVENUE 361,883 - 361,883 358,919 361,883
EXPENSE
PROGRAM COSTS
Intake 26,152 - 26,152 26,152 28,951 2,799
Outreach 17,978 17,978 17,978 18,094 116
Training 6,754 - 6,754 6,754 18,094 11,340
Total 50,884 - 50,884 50,884 65,139 14,255
DIRECT PROGRAM COSTS
Direct Program Costs 310,999
Total
TOTAL EXPENSE
Excess (Deficiency) of Revenue
Over Expense
310,999
361,883
$
$
310,999 308,035
310,999 308,035
361,883
296,744 (14,255)
296,744 (14,255)
358,919 361,883
$ $ $
59 REVENUE
Grants and Contracts
Other Revenue
TOTAL REVENUE
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
LIHEAP: ENERGY CRISIS INTERVENTION PROGRAM (ECIP) / ASSURANCE 16 /
HOME ENERGY ASSISTANCE PROGRAM (HEAP)
FOR THE PERIOD OCTOBER 1, 2018 THROUGH JUNE 30, 2020
19B - 5033
10/1/2018 4/1/2019 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 3/31/2020 Costs 10/1/2018-3/31/2020 10/1/2018-6/30/2020 Variance $ 650,115 $
$ 650,115 $ 650,115 $ 650,115 $
650,115 650.115
650.115 650,115
EXPENSE
ASSURANCE 16
Assurance 16 Activities 72,377 72,377 72,377 72,377
ADMINISTRATIVE COSTS
Administrative Costs 72,377 72,377 72,377 72,377
PROGRAM SUPPORT COSTS
Intake 69,283 69,283 69,283 69,283
Outreach 43,302 43,302 43,302 43,302
Training 2,617 2,617 2,617 17,321
14,704
Total 115,202 115,202 115,202 129,906 14,704
PROGRAM SERVICES COSTS
ECIP Emergency Heating and Cooling Services (EHCS) 390,159 390,159 390,159 375,455 Total 390,159 390,159 390,159 375,455
TOTAL EXPENSE 650,115 650,115 650,115 650,115
(14,704)
(14,704)
Excess (Deficiency) of Revenue
Over Expense $ $ $ $ $ $
60 REVENUE
Grants and Contracts
Other Revenue
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
LIHEAP: WEATHERIZATION
FOR PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2021
20B - 2033
10/1/2019 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2020 3/31/2021 Costs 10/1/2019-3/31/2021 10/1/2019-12/31/2021 Variance $ 102.160 $ 257,608 $ 359,768 $ 138,169 S 359,768 $
TOTAL REVENUE 102,160
257,608 359,768
138,169 359,768
EXPENSE
PROGRAM COSTS
Intake 8,081 18.411 26,492 8,679 28,781
Outreach 5,947 12,041 17,988 16,084 17,988
Training 7,637 1,297 8,934 8,159 17,988
Total
DIRECT PROGRAM COSTS
Direct Program Costs
21,665 31,749
80,495 225,859
53,414 32,922
306,354 105,247
2,289
9,054
64,757 11,343
295,011 (11,343)
Total 80,495 225,859 306,354 105,247 295,011 (11,343)
TOTAL EXPENSE 102,160 257,608 359,768 138,169 359,768
Excess (Deficiency) of Revenue
Over Expense
61 REVENUE
Grants and Contracts
Other Revenue
TOTAL REVENUE
EXPENSE
ASSURANCE 16
Assurance 16 Activities
ADMINISTRATIVE COSTS
Administrative Costs
PROGRAM SUPPORT COSTS
Intake
Outreach
Training
Total
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
LIHEAP: ENERGY CRISIS INTERVENTION PROGRAM (ECIP) / ASSURANCE 16 /
HOME ENERGY ASSISTANCE PROGRAM (HEAP)
FOR THE PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2021
20B - 2033
10/1/2019
Through
3/31/2020
$ 246,060
246,060
28,003
25,794
26,492
14,386
1,672
42,550
4/1/2020
Through
3/31/2021
Total
Audited
Costs
Reported
Expenses Total Budget
10/1/2019-3/31/2021 10/1/2019-12/31/2021 Variance
$ 323.696 $ 569,756 $ 448.647 $
323,696
44,480
43,060
42.832
28.942
3,172
74,946
PROGRAM SERVICES COSTS
ECIP Emergency Heating and Cooling Services (EHCS) 149,713 161,210 Total 149,713 161,210 310,923 237,338
TOTAL EXPENSE 246.060 323.696
569,756 448,647
72,483 70,535
68,854 47,404
69,324
43.328
4.844
58,638
30,998
3,734
117,496 93,370
310.923 237,338
Excess (Deficiency) of Revenue
Over Expense
62 569,756 448,647
569,576 $
569,576
72,483
72.483
69,324
43,328
17.331
129,983
294.627
294,627
569,576
(180)
(180)
3.629
12.487
12,487
(16,296)
(16.296)
(180)
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CARES LIHEAP: WEATHERIZATION
FOR PERIOD JULY 1, 2020 THROUGH MARCH 31, 2021
20U - 2582
7/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 9/30/2021 Costs 7/1/2020-3/31/2021 7/1/2020-9/30/2021 Variance
REVENUE
Grants and Contracts $ 35,216 $ $ 35,216 $ 14,833 $ 35,216 $ Other Revenue
TOTAL REVENUE
EXPENSE
PROGRAM COSTS
Intake
Outreach
Training
35,216 35,216
14,833 35,216
1,984 1,984 253 2,817
1,761 - 1,761 190 1,761
- - 1,761
833
1,761
Total 3,745 - 3,745 443 6,339 2,594
DIRECT PROGRAM COSTS
Direct Program Costs 31,471
Total
TOTAL EXPENSE
Excess (Deficiency) of Revenue
Over Expense
31,471
35,216
$
31,471 14,390
31,471 14,390
35,216
28,877 (2,594)
28,877 (2,594)
14,833 35,216
63 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CARES LIHEAP: ENERGY CRISIS INTERVENTION PROGRAM (ECIP) / ASSURANCE 16 /
HOME ENERGY ASSISTANCE PROGRAM (HEAP)
FOR THE PERIOD JULY 1, 2020 THROUGH MARCH 31, 2021
20U - 2582
7/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 9/30/2021 Costs 7/1/2020-3/31/2021 7/1/2020-9/30/2021 Variance
REVENUE
Grants and Contracts $ 167,215 S
Other Revenue
TOTAL REVENUE 167.215
$ 167.215 $
98.148 S 183,891 S 16,676
167,215 98,148
183,891 16.676
EXPENSE
ASSURANCE 16
Assurance 16 Activities 19,472 19.472 12,735 19,472
ADMINISTRATIVE COSTS
Administrative Costs 14,995 14.995 8,675 19,472 4.477
PROGRAM SUPPORT COSTS
Intake 23.665 23,665 11,442 23.665
Outreach 12.402 12,402 4,713 14,791 2.389
Training - 5.916 5.916
Total 36,067 36.067 16.155 44.372 8,305
EMERGENCY HEATING AND COOLING COSTS
EHCS Costs 36,928 36.928 28.279 29,581 (7,347)
Total 36.928 36.928 28.279 29,581 (7,347)
BUSINESS CONTINUATION PLAN COSTS
Business Continuation Plan Costs Total 2,907 2.907
Total 2,907 2.907
PROGRAM SERVICES COSTS
ECIP Emeraency Heating and Cooking Services (EHCS) 59.753 59,753 32.304 68.087 8,334 Total 59,753 59.753 32.304 68,087 8,334
TOTAL EXPENSE 167.215 167.215 98,148 183,891 16.676
Excess (Deficiency) of Revenue
Over Expense $ $ $ $ $ $
64 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
LIHEAP: WEATHERIZATION
FOR PERIOD NOVEMBER 1, 2020 THROUGH MARCH 31, 2021
21 B - 5033
11/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 3/31/2022 Costs 11/1/2020-3/31/2021 11/1/2020-12/31/2021 Variance
REVENUE
Grants and Contracts $ 11,099 $ $ 11,099 $
Other Revenue
TOTAL REVENUE
11,099 11.099
$
349,090 $ 337,991
349.090 337,991
EXPENSE
PROGRAM COSTS
Intake 2,371 2,371 27,927 25,556
Outreach 2,721 2,721 17,455 14,734
Training 17,455 17,455
Total
5,092 5,092 62,837 57,745
DIRECT PROGRAM COSTS
Direct Program Costs 6,007 6,007 286,253 280,246
Total 6,007 6,007 286,253 280,246
TOTAL EXPENSE 11,099 11,099 349,090 337,991
Excess (Deficiency) of Revenue
Over Expense
65 REVENUE
Grants and Contracts
Other Revenue
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
STATEMENT OF REVENUE AND EXPENSE
DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
LIHEAP: ENERGY CRISIS INTERVENTION PROGRAM (ECIP) / ASSURANCE 16 !
HOME ENERGY ASSISTANCE PROGRAM (HEAP)
FOR THE PERIOD NOVEMBER 1, 2020 THROUGH MARCH 31, 2021
21 B - 5033
11/1/2020 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 3/31/2022 Costs 11/1/2020-3/31/2021 11/1/2020-12/31/2021 Variance S 165,087 $ $ 165,087 $
552,787 $ 387,700
TOTAL REVENUE 165.087 165,087 552,787 387,700
EXPENSE
ASSURANCE 16
Assurance 16 Activities 15,149 15,149 70,254 55,105
ADMINISTRATIVE COSTS
Administrative Costs 13,051 13,051 70,254 57.203
PROGRAM SUPPORT COSTS
Intake 365 365 67,311 66,946
Outreach 1,179 1.179 42,069 40,890
Training - - 16,828 16,828
Total 1,544 1,544 126,208 124,664
PROGRAM SERVICES COSTS
ECIP Emergency Heating and Cooling Services (EHCS) 135,343 135.343 286,071 150,728 Total 135,343 135.343 286,071 150,728
TOTAL EXPENSE 165,087 165,087 552,787 387.700
Excess (Deficiency) of Revenue
Over Expense $ $ $ S $ $
66 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES FOR STATE FUNDED CHILD CARE PROGRAMS FOR THE NINE MONTHS ENDED MARCH 31, 2021
EXPENDITURES
Direct Payments to Providers
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment
6500 Replacement Equipment
Depreciation on Assets not Purchased with Public Funds
Start -Up Expenses - Service Level Exemption (a)
Indirect Costs (b)
Total Expenses Claimed for Reimbursement (c)
Supplemental Expenses - Head Start
Supplemental Expenses - CACFP
Total Supplemental Expenses
Total Expenditures
Total
Resource and
Referral
Programs
91,578
34,218
15,474
40,504
14,542
196,316
Total
Alternative
Payment
Programs
$ 7,093.648
525,900
171,593
50,369
111,664
636,254
8,589,428
Total
Other CCRC
Resource
Programs
$
30,725
12,699
4,250
13,528
4,897
66,099
Total
Migrant
Child Care
Programs
$ 178,398
308,572
823,006
457,791
145,319
172,120
26,398
377,763
162,528
2,651,895
2,224,415
2,224,415
Total
Center -
Based
Programs
$ 118,606
643,635
1,589,134
1,022,719
408,933
377,470
15,285
317,264
4,493,046
8,061,419
8,061,419
Total
Contracts
$ 7,390,652
952,207
3,060,343
1,699.020
624,345
715,286
41,683
377,763
1,135,485
15, 996.784
10, 285.834
10, 285, 834
$ 196,316 $ 8,589,428 $ 66,099 $ 4,876,310 $ 12.554,465 $ 26,282,618 Notes.
(a) Start-up expenses for state migrant and state preschool programs. (b) The indirect cost plan is approved by the U.S. Department of Health and Human Services. (c) Any food expenses have been allocated to the appropriate contracts.
We have examined the claims filed for reimbursement and the original records supporting the transactions recorded under the contracts listed above to an extent considered necessary to assure ourselves that the amounts claimed by the contractor were eligible for reimbursement, reasonable, necessary. and adequately supported. according to governing laws, regulations. and contract provisions. 67 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES FOR STATE FUNDED CHILD CARE PROGRAMS
RESOURCE AND REFERRAL PROGRAMS
FOR THE NINE MONTHS ENDED MARCH 31, 2021
EXPENDITURES
Direct Payments to Providers
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment
6500 Replacement Equipment
Depreciation on Assets not Purchased with Public Funds
Start -Up Expenses - Service Level Exemption (a)
Indirect Costs (b)
Total Expenses Claimed for Reimbursement (c)
Supplemental Expenses
Total Expenditures
Notes:
(a) No start-up expenses.
(b) The indirect cost plan is approved by the U.S. Department of Health and Human Services. (c) Any food expenses have been allocated to the appropriate contracts.
R&R Programs
Resource &
Referral
CRRP-0049
7/1 /20-3/31 /21
91,578
34,218
15,474
40,504
14.542
196,316
$ 196,316
We have examined the claims filed for reimbursement and the original records supporting the transactions recorded under the contracts listed above to an extent considered necessary to assure ourselves that the amounts claimed by the contractor were eligible for reimbursement, reasonable, necessary, and adequately supported, according to governing laws. regulations, and contract provisions. 68 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES FOR STATE FUNDED CHILD CARE PROGRAMS
ALTERNATIVE PAYMENT PROGRAMS
FOR THE NINE MONTHS ENDED MARCH 31, 2021
EXPENDITURES
Direct Payments to Providers
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment
6500 Replacement Equipment
Depreciation on Assets not Purchased with Public Funds
Start -Up Expenses - Service Level Exemption (a)
Indirect Costs (b)
AP Programs
Alternative
Payment
CAPP-9053
7/ 1 /20-3/31 /21
AP Programs
Alternative
Payment
CAPP-0052
711 /20-3/31 /21
AP Programs
Alt. Payment
Stage 2
C2AP-0047
7/1 /20-3/31/21
AP Programs
Alt. Payment
Stage 3
C3AP-0046
7/1/20-3131/21
Total
Alternative
Payment
CDE Contracts
5 353,676 5 2,534,550 5 1,840,802 $ 2.364.620 $ 7,093.648
32.440 202,904 168,618 121,938 525,900
7.469 46,934 72,483 44,707 171,593
164 22,395 23,161 4,649 50.369
1,859 38,109 46,524 25.172 111,664
31,649
227.591 172,127
204,887 636.254
Total Expenses Claimed for Reimbursement (c) 427,257 3,072.483 2.323,715 2,765,973 8,589,428 Supplemental Expenses
Total Expenditures $ 427.257 5 3.072,483 S 2.323,715 S 2.765.973 S 8.589.428 Notes:
(a) No start-up expenses.
(b) The indirect cost plan is approved by the U.S. Department of Health and Human Services. (c) Any food expenses have been allocated to the appropriate contracts.
We have examined the claims filed for reimbursement and the original records supporting the transactions recorded under the contracts fisted above to an extent considered necessary to assure ourselves that the amounts claimed by the contractor were eligible for reimbursement, reasonable. necessary, and adequately supported, according to governing laws, regulations, and contract provisions. 69 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES FOR STATE FUNDED CHILD CARE PROGRAMS
CHILD CARE RESOURCE CENTER - OTHER PROGRAMS
FOR THE NINE MONTHS ENDED MARCH 31, 2021
EXPENDITURES
Direct Payments to Providers
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment
6500 Replacement Equipment
Depreciation on Assets not Purchased with Public Funds
Start -Up Expenses - Service Level Exemption (a)
Indirect Costs (b)
CCRC Other
Child Care
Initiative
CCIP-0049
7/1/20-3/31/21
CCRC Other
Health &
Safety
CHST-0049
7/1/20-3/31/21
$ S
CCRC Other
Local Childcare
Planning Council
CLPC-0039
7/1/20-3/31/21
Total
CCRC
Other
CDE Contracts
S - $
13.928 16,797
3,825 8,874
124 - 4,126
1,324 1,816 10,388
1,536
30,725
12,699
4,250
13,528
146 3.215 4.897
Total Expenses Claimed for Reimbursement (c) 20.737 1,962 43,400 66,099 Supplemental Expenses
Total Expenditures S 20,737 S 1,962 $ 43,400 $ 66.099
Notes:
(a) No start-up expenses.
(b) The indirect cost plan is approved by the U.S. Department of Health and Human Services. (c) Any food expenses have been allocated to the appropriate contracts.
We have examined the claims filed for reimbursement and the original records supporting the transactions recorded under the contracts listed above to an extent considered necessary to assure ourselves that the amounts claimed by the contractor were eligible for reimbursement, reasonable, necessary, and adequately supported, according to governing laws, regulations. and contract provisions. 70 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES FOR STATE FUNDED CHILD CARE PROGRAMS
STATE MIGRANT PROGRAMS
FOR THE NINE MONTHS ENDED MARCH 31, 2021
EXPENDITURES
Direct Payments to Providers
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment
6500 Replacement Equipment
Depreciation
Start -Up Expenses - Service Level Exemption (a)
Indirect Costs (b)
State Migrant
State
Migrant
CMIG-0011
7/1/20-3/31/21
State Migrant
Specialized
Services
CMSS-0011
7/1/20-3/31/21
$ 161,713 $
97,863
286.114
153,574
51,959
64,954
State Migrant
State
Migrant
CMIG-0012
7/1/20-3/31/21
State Migrant
Specialized
Services
CMSS-0012
7/1/20-3/31/21
Total
State
Migrant
CDE Contracts
S 16,685 $ - $ 178.398
73,490 89,849 47,370 308,572
19,402 396,550 120,940 823,006
38,343 186,921 78,953 457,791
974 86,134 6,252 145,319
8,437 91,022 7,707 172,120
26,398 26.398
64,315 11,252
377,763
66.063
20,898
377,763
162.528
Total Expenses Claimed for Reimbursement (c) 880,492 151,898 1.337,385 282,120 2,651.895 Supplemental Expenses - Head Start. QRIS
Supplemental Expenses - CACFP
664,024 1,560.391
Total Supplemental Expenses 664.024
2,224,415
1 560.391 2.224, 415
Total Expenditures S 1,544,516 $ 151,898 5 2.897.776 5 282,120 5 4,876,310 Notes:
(a) Start-up expenses for CMIG-0012.
(b) The indirect cost plan is approved by the U.S. Department of Health and Human Services. (c) Any food expenses have been allocated to the appropriate contracts.
We have examined the claims filed for reimbursement and the original records supporting the transactions recorded under the contracts listed above to an extent considered necessary to assure ourselves that the amounts claimed by the contractor were eligible for reimbursement. reasonable, necessary. and adequately supported, according to governing laws, regulations. and contract provisions. 71 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF EXPENDITURES FOR STATE FUNDED CHILD CARE PROGRAMS
CENTER -BASED AND FAMILY CHILD CARE (FCC) PROGRAMS
FOR THE NINE MONTHS ENDED MARCH 31, 2021
EXPENDITURES
Direct Payments to Providers
1000 Certificated Salaries
2000 Classified Salaries
3000 Employee Benefits
4000 Books and Supplies
5000 Services and Other Operating Expenses
6100/6200 Other Approved Capital Outlay
6400 New Equipment
6500 Replacement Equipment
Depreciation on Assets not Purchased with Public Funds
Start -Up Expenses - Service Level Exemption (a)
Indirect Costs (b)
Total Expenses Claimed for Reimbursement
Supplemental Expenses - Head Start
Supplemental Expenses - CACFP
General
Child Care
CCTR-0238
7/1/20-3/31/21
$ 118,606
144,005
490,277
243,610
103,569
74,787
90,337
State
Preschool
CSPP-0525
7/1/20-3/31/21
$
499,630
1,098,857
779,109
305,364
302,683
15,285
Total
Center -Based
and FCC
Programs
$ 118,606
643,635
1,589,134
1,022,719
408,933
377,470
15,285
226.927 317,264
1,265,191 3.227,855 4,493,046
3,097,925 4,963,494 8,061,419
Total Supplemental Expenses 3,097,925
4,963,494 8,061,419
Total Expenditures $ 4,363,116 $ 8,191,349 $ 12,554,465 Notes:
(a) The indirect cost plan is approved by the U.S. Department of Health and Human Services. (b) Any food expenses have been allocated to the appropriate contracts.
We have examined the claims filed for reimbursement and the original records supporting the transactions recorded under the contracts listed above to an extent considered necessary to assure ourselves that the amounts claimed by the contractor were eligible for reimbursement, reasonable, necessary, and adequately supported, according to governing laws, regulations, and contract provisions. 72 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
FOR THE YEAR ENDED MARCH 31, 2021
SECTION I — SUMMARY OF AUDITOR'S RESULTS
Financial Statements
Type of auditor's report issued: Unmodified
Internal control over financial reporting:
• Material weakness identified? Yes X No
• Significant deficiencies identified that
are not considered to be material weaknesses? Yes X None Reported Noncompliance material to financial statements noted? Yes X No Federal Awards
Internal control over major federal programs:
• Material weakness identified? Yes X No
• Significant deficiencies identified that
are not considered to be material weaknesses? Yes X None Reported Type of auditor's report issued on compliance for major programs: Unmodified Any audit findings disclosed that are required to be reported in accordance with the Uniform Guidance? Yes X No
Identification of major programs:
CFDA Number(s) Name of Federal Program or Cluster
93.600
93.575/93.596
Head Start, Early Head Start, and Migrant Head Start
Child Care Development Fund Cluster
Dollar threshold used to distinguish between Type A and B programs: $2,055.313 Auditee qualified as low -risk auditee? X Yes No
73 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (Continued)
FOR THE YEAR ENDED MARCH 31, 2021
SECTION II — FINANCIAL STATEMENT FINDINGS
None.
SECTION III — FEDERAL AWARDS FINDINGS AND QUESTIONED COSTS None.
SECTION IV — STATUS OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS None.
74 April 29, 2022
City of Pismo Beach
Attn: Pismo Beach City Council & Julia Goodman
760 Mattie Rd.
Pismo Beach, CA 93449
RE: ECOSLO’s 2022 Fund Request
Dear City Council Members and Ms. Goodman:
Thank you to the City of Pismo Beach’s continued support and funding of ECOSLO’s annual SLO County Creeks to Coast Cleanup event each September. Due to the COVID-19 pandemic in both 2020 and 2021, we pivoted this annual program to invite households to go out into their community with cleanup kits prepared by ECOSLO, to pick up trash and care for their local communities and natural environment. While the past two years were an extreme adjustment from the normal, large-scale Creeks to Coast Cleanup event, the cleanup kits were very successful in cleaning up SLO County, including the Pismo Beach and Shell Beach areas. In total, last September 842 ECOSLO volunteers collected 4,727 pounds of trash and recyclables, which included a total of 27,358 items being prevented from entering our waterways and ocean.
Creeks to Coast Cleanup: September 2021
Within Pismo Beach, there were 31 cleanups and 85 pounds of trash and recyclables that were picked up during the month of September and saved from entering the coastline along Pismo Beach.
Of the 1,339 items collected in Pismo Beach, 479 were cigarette butts, 243 were pieces of plastic (tiny trash that is less than 2.5 cm), and 138 were food wrappers (candy, chips, etc.). In a normal year, ECOSLO hosts four different sites throughout Pismo Beach. With the cleanup kits, however, participants were able to volunteer on their own time, throughout the month of September, which allowed 31 cleanups to take place, to clean up trash that was polluting their city.
Adopt-A-Spot: April through October 2021
As a result of the success from both 2020 and 2021 Creeks to Coast Cleanup events, ECOSLO started a temporary ongoing cleanup program, Adopt-A-Spot. This program began in the City of Pismo Beach in April 2021. We were able to start this program in Pismo Beach as a result of funding in 2020 and 2021 and needing to pivot our programs during the COVID-19 pandemic. This program focused on community members within Pismo Beach and Shell Beach areas to conduct their own, monthly cleanups with supplies provided by ECOSLO. After talking to city officials, the City of Pismo
Beach and ECOSLO determined 12 specific sites within Pismo Beach and Shell Beach that were adopted by volunteers. These sites include the downtown core of Pismo Beach (from Harloe Avenue to Addie Street), Bello Street, Shell Beach Road, and the neighborhoods from Vista Del Mar Avenue to Palisade Avenue.
The results from those monthly cleanups are as follows:
●36 cleanups during this time period (April through August, as well as October) ●186 pounds of trash
●3,371 items picked up, including:
○1,339 cigarette butts (which was half of the trash picked up!) ○600 food wrappers (candy, chips, etc.)
○95 plastic/foam take-out containers
ECOSLO has witnessed the support and dedication that comes from our volunteers, and it is unmistakable that there is a deep commitment to protect our beautiful beaches and waterways here in SLO County, especially in Pismo Beach and Shell Beach. We are excited to continue our volunteer cleanup programs in Pismo and Shell Beach this year and see the community continue to come together to take care of their beautiful neighborhoods and natural environments.
PURPOSE
Due to the COVID-19 pandemic, as people are not able to eat inside restaurants and are enjoying meals more often in outside areas with to-go containers, there has been a major influx in trash polluting our lovely community. While Pismo Beach is a well-known tourist destination with pristine beaches and enticing restaurants, the city alone was hit hard by trash as a consequence of this pandemic.
Here at ECOSLO, we have noticed the increase in trash all across the county and we want to ask for your support to continue to protect the county, especially in Pismo Beach as we continue to protect and clean the natural areas surrounding us that are negatively impacted by trash. To be able to do this, we request $5,000 in funding from the City of Pismo Beach to host cleanup sites and provide cleanup kits to our community SLO County for Creeks to Coast 2022. This funding would help ECOSLO to put together a smaller set of 100 cleanup kits, and help us to re-launch and organize approximately 30 cleanup sites throughout the county on September 17, 2022.
Our community is committed to making a difference by coming together for volunteer cleanup events. At ECOSLO, we are empowering people to come together metaphorically to help put an end to the trash that is disrupting our enjoyment of natural areas. Both the cleanup kits and the group event cleanup in September will guide volunteers in SLO County to join together to protect the areas that mean the most to them, while becoming aware of the trash problem that continues to disrupt many cities.
For Creeks to Coast Cleanup 2022, each volunteer will receive:
●Cleanup materials such as gloves and bags
●Safety information related to what items they may find during a cleanup ●Sustainability and recycling information to help households reduce waste and learn more about local recycling in SLO County
●Informational materials such as the top items typically picked up and how to track cleanup items volunteers find via the CleanSwell phone application and TIDES database ●Offers and notes of thanks that our wonderful sponsoring cities and local businesses choose to provide as a token of gratitude to our amazing volunteers Please help ECOSLO continue to work with the community to clean this county so that people can enjoy the places they love without being overwhelmed by excessive trash. Your generous grant support will contribute in these ways:
●Allow ECOSLO to distribute cleanup kits to community members in September during the annual Creeks to Coast Cleanup (as part of International & California Coastal Cleanup Day). ●Host and re-launch cleanup sites through SLO County on Saturday, September 17th, including at least four sites in Pismo Beach.
●Help ECOSLO engage with communities to encourage them to volunteer to clean up an area that is local and meaningful for them, and that enhances the community where they live and play.
ECOSLO has served as the environmental center for San Luis Obispo County since 1971. ECOSLO protects and preserves the natural environment and human well-being through advocacy, education, and action.
BENEFITS
To recognize the City of Pismo Beach’s support, ECOSLO will list the City of Pismo Beach as a Whale Sponsor, our highest level of recognition. This would result in prominently displaying your logo on the cleanup kits, online and print advertising when possible, tagged in ECOSLO’s social media posts for Creeks to Coast Cleanup, a “Thank You” in New Times, as well as your city’s logo displayed on our website.
Since the beginning of COVID-19, the trash that has been seen throughout Pismo Beach is threatening the natural beauty and enchantment of downtown as well as the coastal areas. Most of the volunteers are local residents caring for their community, not only for themselves, but for the benefit of visitors. As seen with Creeks to Coast Cleanup this year, there are people in the community who want to help keep Pismo Beach clean, and ECOSLO can help empower them to do so. We can equip and empower volunteers to lead cleanups that will directly help the Pismo and Shell Beach communities, as well as the surrounding areas of SLO County.
RELATION TO CITY GOALS
Our cleanup work connects with three of the four vision statements as outlined by the Pismo Beach City Council, in relation to the City’s goals for 2022 and 2023. Cleanup efforts ensure that there is a safe place provided for residents and visitors alike, to enjoy the beach, ocean, and general natural beauty of the coastline in Pismo Beach. By focusing recruitment efforts on community members,
SLO County Creeks to Coast Cleanup helps maintain the small beach town character we enjoy in SLO County.Our cleanups help to enhance a vibrant tourist-based economy as the beach, downtown core, and surrounding neighborhoods are cleaned and well-cared for by its community.
Our cleanups also assist in the identified major city goals by helping to maintain a clean and safe public space for the community. The specific goals related to the cleanup are as follows:
●Water conservation: All cleanups sites will prevent trash from making its way into our waterways and ocean.
●Local coastal plan: By getting the community directly involved, it not only connects them deeper to their home and gets them more invested, but maintains cleanliness and care for the area as well.
●Downtown improvements: We guide community members to specific locations and assist in the preservation and appearance of one the most trafficked areas of the City of Pismo Beach, downtown and the beachfront.
●Mitigate the COVID-19 negative impacts:Through cleanups led by ECOSLO, as well as individual household cleanup kits, we empower our community of SLO County to help take care of their beloved areas from the trash influx that has occurred from the pandemic. This will also help people get out in a safe and healthy way to better the environment and the City of Pismo Beach.
Thank you for considering our request. Please contact me if you have any questions or need any additional information. You can contact me by phone at (805) 544-1777 or email me at [email protected].
Thank you,
Mary A. Ciesinski
Executive Director
Mar 31, 22 Feb 28, 22 $ Change % Change
ASSETS
Current Assets
Checking/Savings
Checking - CoastHills -53,051.83 -39,874.80 -13,177.03 -33.1% Savings - CoastHills 14,552.44 14,551.82 0.62 0.0%
CD - CoastHills 92,934.78 92,887.45 47.33 0.1%
Paypal 460.92 680.13 -219.21 -32.2%
Petty Cash 205.27 205.27 0.00 0.0%
Total Checking/Savings 55,101.58 68,449.87 -13,348.29 -19.5% Accounts Receivable
Accounts Receivable 4,500.00 4,500.00 0.00 0.0%
Total Accounts Receivable 4,500.00 4,500.00 0.00 0.0%
Other Current Assets
DRD Advance 65,346.00 65,346.00 0.00 0.0%
Total Other Current Assets 65,346.00 65,346.00 0.00 0.0% Total Current Assets 124,947.58 138,295.87 -13,348.29 -9.7% Fixed Assets
Equipment 126,864.18 126,864.18 0.00 0.0%
N/R-M. Rafferty (Restitution)
Allowance for doubtful accounts -20,000.00 -20,000.00 0.00 0.0% N/R-M. Rafferty (Restitution) - Other 21,647.77 21,692.59 -44.82 -0.2% Total N/R-M. Rafferty (Restitution)1,647.77 1,692.59 -44.82 -2.7% Equip Office - Orig Cost 10,456.00 10,456.00 0.00 0.0%
Equip Office - Accum Depreciati -10,456.00 -10,456.00 0.00 0.0% Total Fixed Assets 128,511.95 128,556.77 -44.82 0.0%
Other Assets
Security Deposit 2,200.00 2,200.00 0.00 0.0%
Total Other Assets 2,200.00 2,200.00 0.00 0.0%
TOTAL ASSETS 255,659.53 269,052.64 -13,393.11 -5.0%
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 0.00 748.35 -748.35 -100.0%
Total Accounts Payable 0.00 748.35 -748.35 -100.0%
Credit Cards
Commerce Bank 610.78 4,780.17 -4,169.39 -87.2%
Total Credit Cards 610.78 4,780.17 -4,169.39 -87.2%
Other Current Liabilities
CALFIRE Advance 0.00 -2,606.85 2,606.85 100.0%
Payroll Liabilities 3,239.33 4,612.86 -1,373.53 -29.8%
Total Other Current Liabilities 3,239.33 2,006.01 1,233.32 61.5% Total Current Liabilities 3,850.11 7,534.53 -3,684.42 -48.9% Total Liabilities 3,850.11 7,534.53 -3,684.42 -48.9%
ECOSLO
Balance Sheet
As of March 31, 2022