Pismo Beach City Council
May 11, 2023

5cities homeless coalition
resources. support. hope.
5Cities Homeless Coalition
Board of Directors
Ken Dalebout, President
Linda Pierce, Vice President
Mariam Shah, Vice President
Brad Wilbert, Secretary
Paul Jarvis, Treasurer
Nancy Allison
Peggy Coon
Pat Cusack
Kassi Dee
Mike Martinez
Donna Milne
Lisa Murdoch
Jane Renahan
Adam Verdin
Mike Wooten
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

EQUAL HOUSING

OPPORTUNITY
April 21, 2023
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 general operating and case management activities at the Coalition's service center.

The 5Cities Homeless Coalition, having recently celebrated our 12th 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, 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, at the end 2022, 5Cities Homeless Coalition piloted a non -congregate emergency shelter project, the first of its kind in San Luis Obispo County. During its first quarter in operation, the shelter engaged 22 participants in the 90-day program that provides intensive case management focused on housing placement and retention. We are happy to report that 19 participants secured employment in their first 30 days, 11 eligible participants have been referred for Emergency Housing Vouchers (Section 8) and 3 have secured permanent housing prior to their 90-day milestone.

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. 5CHC continues to be a "one -stop" for coordinated services. So far in our 22-23 year, we have received over 4,300 calls for assistance, assisted over 2,800 walk-ins to our Housing Navigation Center, and assisted over 270 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. This request will directly address the City's goal of supporting regional efforts to address housing and homelessness challenges in our community. 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. 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 29 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.

Additionally, our newly expanded street outreach team has connected with 45 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.

So far in 22-23 program year (data from July 1, 2022 — March 31, 2023), the Coalition provided the following services in San Luis Obispo County:
• 151 homeless families received deposit and/or rental assistance to regain housing • 121 families at risk of eviction received rental assistance to prevent homelessness • 16 individuals were assisted with relocation to a stable living environment with family or friends, or to a substance abuse treatment program
• 486 households received coordinated assessment and funding for immediate needs • 663 shelter nights provided at our winter warming center (open 58 nights, 117 unique individuals received shelter)
• 250 individuals living outside were connected to resources through outreach to local encampments • 40 homeless youth received case management with job, education and housing support 0 24 of these youth gained new housing, employment, or education 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 2021-22 (18-month audit due to change in fiscal year).

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

5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

AUDITED FINANCIAL STATEMENTS
JUNE 30, 2022
Prepared by

SIGNE GRIMSTAD
Certified Public Accountant
530 NW 3rd Street
PO Box 1930
Newport, Oregon 97365

5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

BOARD OF DIRECTORS
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
Michael Martinez Director
Jane Renahan Director
Mariam Shah Director
STAFF
Janna Nichols Executive Director
Charlotte Alexander Director of Operations

ADDRESS
100 S. 4th Street
PO Box 558
Grover Beach, California 93483

5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA
Table of Contents

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

SUPPLEMENTARY INFORMATION SECTION

SINGLE AUDIT REPORTS
Schedule of Expenditures of Federal Awards 19
Notes to the Schedule of Expenditures of Federal Awards 20 Schedule of Findings and Questioned Costs 21
Schedule of Prior Year Findings and Questioned Costs 22 Schedule of Findings and Questioned Costs - Sections II and III 23 Independent Auditor's Report on Compliance for Each Major Federal Program and on Internal Control Over Compliance Required by the Uniform Guidance
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 24-26
27-28

Newport Office:

P.O. Box 1930
530 N.W. 3rd St. Ste E
Newport, OR 97365
(541) 265-5411
Fax (541) 265-9255
[email protected]
Lincoln City Office:
1349 N.W. 15th Street
Lincoln City, OR 97367
(541) 994-5252
Fax (541) 994-2105
Members:

AICPA OSCPA & OAIA

GRIMSTAD & ASSOCIATE
Certified Public Accountants

INDEPENDENT AUDITOR'S REPORT
To the Board of Directors
5Cities Homeless Coalition
PO Box 558
Grover Beach, California 93483
Report on the Audit of the Financial Statements
Opinion
I have audited the accompanying financial statements of 5Cities Homeless. Coalition (a nonprofit corporation), which comprise the statement of financial position as of June 30, 2022, and the related statements of activities, functional expenses for program and support services, and cash flows for the 18 months then ended, and the related notes to the financial statements.

In my opinion, the financial statements present fairly, in all material respects. the financial position of 5Cities Homeless Coalition as of June 30, 2022, and the changes in its net assets and its cash flows for the 18 months then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinion
I conducted my 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.

My responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of my report. I am required to be independent of 5Cities Homeless Coalition and to meet my other ethical responsibilities, in accordance with the relevant ethical requirements relating to my audit.

I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinions.

Responsibilities of Management 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, and for 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.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about 5Cities Homeless Coalition's ability to continue as a going concern within one year after the date that the financial statements are available to be issued.

Auditor's Responsibilities for the Audit of the Financial Statements My objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes my opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting 1 5Cities Homeless Coalition
November 9, 2022
from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with generally accepted auditing standards and Government Auditing Standards, 1:
• Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. • Obtain an understanding of internal control relevant to the audit 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 5Cities Homeless Coalition's internal control. Accordingly, no such opinion is expressed. • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
• Conclude whether, in my judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about 5Cities Homeless Coalition's ability to continue as a going concern for a reasonable period of time.

I am required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control -related matters, that I identified during the audit.

Supplementary Information
My audit was conducted for the purpose of forming an opinion on the financial statements as a whole. The accompanying schedule of expenditures of federal awards, as required by Title 2 U.S. Code of Federal Regulations 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 my opinion, the schedule of expenditures of federal awards 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, I have also issued my report dated November 9, 2022, on my consideration of 5Cities Homeless Coalition's internal control over financial reporting and on tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of my testing of internal control over financial reporting and •compliance and the results of that testing, and not to provide an opinion on the effectiveness of 5Cities Homeless Coalition's 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 5Cities Homeless Coalition's internal control over financial reporting and compliance.

GRIM_STAD & ASSOCIATE
Signe Gfirr
Certified Public Accountant, Newport, Oregon
November 9, 2022
2 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

STATEMENT OF FINANCIAL POSITION
as of June 30, 2022
Without Donor With Donor
Restrictions Restrictions Total
Assets
Current assets
Cash $ 554,783 $ 204,121 $ 758,904
Bank certificate of deposit 40,085 40,085
Grants and contracts receivable 327,949 327,949
Prepaid expenses 3,314 3,314
Total current assets
Property and equipment
Property and equipment, at cost
Less: Accumulated depreciation
926,131 204,121 1,130,252
2,237,970 2,237,970
(70,256) (70,256)
Net fixed assets 2,167,714 2,167,714
Total assets $ 3,093,845 $ 204,121 $ 3,297,966
Liabilities and net assets
Current liabilities
Accounts payable $ 492,753 $ $ 492,753
Accrued wages 39,197 39,197
Accrued paid time off 10,543 10,543
Accrued interest 5,719 5,719
Deferred revenue 568,707 44,633 613,340
Notes payable, current portion 4,242 4,242
Total current liabilities 1,121,161 44,633 1,165,794
Long-term liabilities
Notes payable, long-term portion
Total long-term liabilities
325,758 325,758
325,758 325,758
Total liabilities 1,446,919 44,633 1,491,552
Net assets
Without donor restrictions 1,610,926 1,610,926
Designated reserve 36,000 36,000
With donor restrictions 159,488 159,488
Total net assets 1,646,926 159,488 1,806,414
Total liabilities and net assets $ 3,093,845 $ 204,121 $ 3,297,966 The accompanying notes are an integral part of these financial statements. 3 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

STATEMENT OF ACTIVITIES
For the 18 Months Ended June 30, 2022
Without Donor With Donor
Restrictions Restrictions Total
Support:

Government grants $ 137,940 $ 105,922 $ 243,862
Foundation grants 86,182 155,164 241,346
Contributions, individuals 373,839 10,000 383,839
Contributions, businesses - 83,219 83,219
Contributions in -kind 124,554 124,554
Total support 722,515
354,305 1,076,820
Revenue:

Government contracts 2,941,547 2,941,547
Special events 83,084 83,084
Miscellaneous 1,000 1,000
Bank interest 250 - 250
Loss on disposal of property and equipment (1,815) (1,815) Total revenues 3,024,066 3,024,066
Total support and revenues 3,746,581 354,305 4,100,886
Reclassifications:

Net assets with donor restrictions
released from restrictions
202,317 (202,317)
Total support, revenues and reclassifications 3,948,898 151,988 4,100,886 Expenses:

Program services:

Housing support
Immediate needs
Homeless youth
Benefits advocacy
Warming center
Outreach and other
Total program expenses
1,202, 522
204,065
160,305
89,455
157,332
1,038,084
1,202,522
204,065
160,305
89,455
157,332
1,038,084
2,851,763 2,851,763
Support services:

Management and general 515,897 515,897
Fundraising 138,194 - 138,194
Total expenses 3,505,854 3,505,854
Change in net assets 443,044 151,988 595,032
Net assets at beginning of fiscal year 1,203,882 7,500 1,211,382 Net assets at end of fiscal year $ 1,646,926 $ 159.488 $ 1,806,414 The accompanying notes are an integral part of these financial statements. 4 Salaries and wages
Payroll taxes
Health insurance
Workers' compensation
Total personnel costs
Accounting and auditing
Bank and merchant fees
Dues and subscriptions
Employee recruitment
Eviction prevention
Host homes
Insurance
Interest
Information technology
Licenses and taxes
Mileage
Miscellaneous
Occupancy
Office supplies
Payroll service
Partner contracts
Postage and printing
Professional services
Rapid rehousing
Special event direct costs
Staff development
Supplies and equipment
Transitional housing/rent
Website
Subtotal expenses
Contributions in -kind
Depreciation
Less special event direct costs
Total expenses
Percent of total expenses
5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

STATEMENT OF FUNCTIONAL EXPENSES FOR PROGRAM AND SUPPORT SERVICES For the 18 Months Ended June 30, 2022
Housing Immediate
Support Needs
$ 234,467 $
19,586
8,285
1,344
263,682
1,086
314

1.458
133,413
3,410
2,018
250
47 6,107
2,629
1,471
163,163
Program Services
Homeless Benefits Warming Outreach
Youth Advocacy Center and Other Total
- $ 46,770 $ 70,847 $ 71,581 $ 549,210 $ 972,875
- 3,907 5,918 5,979 45,877 81.267
- 1,653 2,504 2,529 19,408 34,379
268 406 411 3,149 5,578
1,086
406
1,400
25,000
Support Services
Management Fund -
and General raising
$ 296,581
24,774
10,480
1,701
52,598 79,675 80,500 617,644 1,094,099
1,086 1,086 1,086
560 85 195
592 672 1,189
2,735 -
6,683 -
645 922 2,120
382 545 1,255
47 68 155
16 1,850
1,155 1,651 3,796
497 771 1,634
293 445 449
11,149
1 564,667 - 28,771
676 - 233 158 281
40,614 173,311 957 2,168 16,445
1,300 - 60,925 - 27,082
1,086
760
2,392
8,259
4,887
605
426
12,547
5,803
3,446
246,736
20 7,394

2.322
73,592
171
25 $ 78,639
6,569
2,779
451
Total
Expenses
$ 1,348,095
112,610
47,638
7,730
333,536 88,438 1.516,073
6,516
1,914

6.709
137,548
6,683
15,356
9,087
1,125
489
1,850
25,256
11,334
6,104
446,048
21 7,394
593438
3,670
307,087
89,478
25 1,186,305 201,203 158,159 88,263 149,186 988,115 2,771,231 - - - - 6,000 35,899 41,899
16,217 2,862 2,146 1,192 2,146 14,070 38,633
$1,202,522 $204,065 $160,305 $ 89,455 $157,332 $1,038,084 $ 2,851,763

34.30% 5.82% 4.57% 2.55% 4.49% 29.61%

81.34%
15,212
1,828
497
1,103
8,658
13,285
9,381
999
1,779
31,842
16,935
1,861
276
1,740
20,802
4,306
1,887
1,629 23,357
5,993 7,821
106 2,517
333 8,145
137,548
6,683
3,023 27,037
13,285
682 19,150
85 2,209
489
3,629
2,064 59,162
2,836 31,105
493 8,458
446,048
4,753 5,050
7,394
593,438
4,822 4,822
209 5,619
802 328,691
93,784
1,912
465,927 116,268 3,353,426
42,815 24,840 109,554
7,155 1,908 47,696
- (4,822) (4,822)
$ 515,897 $138,194 $ 3,505,854

14.72% 3.94% 100.00%
The accompanying notes are an integral part of these financial statements. 5 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

STATEMENT OF CASH FLOWS
For the 18 Months Ended June 30, 2022
Cash flows from operating activities
Change in net assets
Adjustments to reconcile change in net assets
to net cash provided by operating activities:

Depreciation
Donated vehicle
Loss on disposal of fixed assets
Changes in operating assets and liabilities:
(Increase) decrease in:

Grants and contracts receivable
Prepaid expenses
Deposits
Increase (decrease) in:

Accounts payable
Accrued wages
Accrued vacation
Accrued interest
Deferred revenue
Net cash provided by operating activities
Cash flows from investing activities
Purchases of property and equipment
Investment in bank certificate of deposit
Net cash used by investing activities
Cash flows from financing activities
Bank line of credit proceeds
Bank line of credit payments
Notes payable proceeds
Notes payable payments
Net cash provided by financing activities
Net increase in cash and equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Supplementary cash flow disclosures
Cash paid for interest
Schedule of noncash transactions:

In -kind contribution of Dodge Grand Caravan
Noncash acquisition of property and equipment
Net noncash transactions
Without Donor With Donor
Restrictions Restrictions Total
$ 443,044 $ 151,988 $ 595,032
47,696
(15,000)
1,815
92,717
4,950
8,146
461,731
12,912
(264)
3,736
477,996
44,633
47,696
(15,000)
1,815
92,717
4,950
8,146
461,731
12,912
(264)
3,736
522,629
1,539,479 196,621 1,736,100
(1,226,270)
(40,085)
(1,266,355)
370,000
(370,000)
180,000
(87, 500)
92,500
365,624 196,621
189,159 7,500
$ 554,783 $ 204,121
$ 9,548
$ 15,000
(15,000)
(1,226,270)
(40,085)
(1,266,355)
370,000
(370,000)
180,000
(87,500)
92,500
562,245
196,659
$ 758,904
The accompanying notes are an integral part of these financial statements. 6 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
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 bits 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. 7 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
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. 8 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
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 and contracts 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 and contract receivables are written off if all efforts at collection have failed and management determines that collection is unlikely.

Receivables older than 90 days totaled $87,297, at June 30, 2022.

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 period 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 improve- ments.

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 18 months ended June 30, 2022.

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 9 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
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. 10 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
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 July 1, 2017.

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 November 9, 2022, which was the date the financial state- ments 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 (if any).

Change in accounting principles
FASB is the Financial Accounting Standards Board and ASU is Accounting Standards Update. 11 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Change in accounting principles (continued)
5CHC implemented FASB ASU No. 2016-02 - Leases (Topic 842) in the current fiscal period. The ASU did not have an effect on 5CHC's financial statements since the entity's leases have already matured or have lease terms of less than one year.

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 June 30, 2022 are:

Financial assets: Amount
Cash $ 758,904
Bank certificate of deposit 40,085
Grants and contracts receivable 327,949
Prepaid expenses 3,314
Total financial assets 1,130,252
Less financial assets held to meet board designations and donor -imposed restrictions:

Designated reserve 36,000
Restricted cash 204,121
Bank certificate of deposit 40,085
Total restricted financial assets 280,206
Amount available for general expenditures within one year $ 850,046 Restricted cash is not available for general operations, rather it is restricted for a specific purpose. Cash designated as a reserve by the board of directors is available to be used for operations if the board of directors approves redirection of the designated reserve. The bank CD matures in January 2023, when it will be available for used unless reinvested for another future period.
5CHC also has a bank line of credit of $300,000 for cash flow purposes as necessary.

Note 4 - Cash
Cash and money market funds are held in separate bank and investment accounts. Cash deposits totaling $500,000 or 46% of total cash was insured by federal depository insurance at June 30, 2022. Cash consisted of the following at June 30, 2022:

Balance per Bank Balances
Books Bank Insured Uninsured
SESLOC Credit Union money market $ 254,064 $ 254,064 $ 209,910 $ 44,154 SESLOC Credit Union CD 40,085 40,085 40,085 -
SESLOC Credit Union share account 5 5 5 -
Mechanics Bank operations 503,632 803,174 248,997 554,177 Mechanics Bank programs 1,003 1,003 1,003 -
Petty cash 200 - -
Subtotal cash in banks and on hand 798,989 1,098,331 500,000 598,331 Less bank certificate of deposit 40,085 - -
Less restricted cash 204,121 - -
Total operating cash $ 554,783 $ 1,098,331 $ 500,000 $ 598,331 12 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Note 5 - Concentrations
Concentrations of grants and contracts receivable at June 30, 2022 are as follows:

Amount % of Total
San Luis Obispo County (SLOC, all grants/contracts)
Community Action Partnership of SLOC
Emergency Food and Shelter Program (EFSP)
All other
Total accounts receivable
$ 211.676
58,372
31,699
26,202

64.55%

17.80%

9.66%

7.99%
$ 327,949 100.00%
Concentrations of support and revenue for the 18 months ended June 30, 2022 are as follows:

Amount % of Total
San Luis Obispo County (all grants) $ 2,704,164 65.94%
Other government contracts 237,383 5.79%
Other grants 485,208 11.83%
Contributions (individuals and businesses) 467,058 11.39% Contributions in -kind 124,554 3.04%
Other 82,519 2.01%
Total support and revenues $ 4,100,886 100.00%
Note 6 - Prepaid Expenses
Prepaid expenses and deposits consisted of the following at June 30, 2022:

Prepaid expenses: Amount
Prepaid employee benefits $ 3,064
Prepaid other insurance 250
Total prepaid expenses $ 3,314
Note 7 - Property and Equipment
Property and equipment activity for the 18 months ended June 30, 2022, is detailed in the following schedule.

Beginning Ending
Property and equipment: Balance Additions Disposals Balance Land $ 350,000 $ - $ - $ 350,000
Construction in progress (CIP) Cabins - 895,750 895,750 Building 525,500 - 525,500
Improvements 97,759 223,544 - 321,303
Vehicles 15,248 105,804 - 121,052
Equipment 16,328 16,172 (8,135) 24,365
Fixed assets at cost 1,004,835 1,241,270 (8,135) 2,237,970 Less: Accumulated depreciation 28,880 47,696 (6,320) 70,256 Net fixed assets $ 975,955 $ 1,193,574 $ (1,815) $ 2,167,714 13 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Note 8 - Deferred Revenue
Deferred revenue consists of payments received from grantors and contractors that have not yet been earned.

Deferred revenue is moved to grant or contract revenue once the funds are earned. Deferred revenue for the 18 months ended June 30, 2022 consisted of the following:

Deferred revenue
Vendor, Program Program Amount
Bank of America $ 8,003
George Hoag Family Foundation 20,000
Emergency Food and Shelter National Board Program (EFSP) 26,004 San Luis Obispo County
Emergency Solutions Grant (ESG) COVID-19 2B (Cabins) 472,552 Community Foundation of San Luis Obispo County (CFSLOCo) Youth 1,525
Emergency Solutions Grant (ESG) COVID-19 2 60,709
Adult Health 15,274 77,508
Central Coast Funds for Children grant (CCFC) 1,167
Other donors 8,106
Total deferred revenue $ 613,340
Note 9 - Bank Line of Credit
5CHC has a $300,000 line of credit with Mechanics Bank at prime plus 2.75% or 5.75% initial rate beginning August 2021, increasing to 6% on March 17, 2022. The credit line matures on July 9, 2022, and is secured by all assets of 5CHC. Interest expense totaled $7,404 for the 18 months ended June 30, 2022. The annual loan fee for the line of credit was $1,500. There was no outstanding balance on the credit line at June 30, 2022, as 5CHC borrowed and repaid $370,000 during the 18 months ended June 30, 2022.

Note 10 - Note Payable
The note payable consisted of the following at June 30, 2022:

Note payable to the SBA for Economic Disaster Injury Loan (EIDL) of $330,000, dated September 1, 2020, matures September 1, 2050 when all outstanding principal and interest are due. Monthly payments of principal plus interest at 2.75% total $1,426 and begin on September 1, 2022. Secured by all assets of 5CHC.

Total notes payable
Less current portion
Amount
330,000
330,000
4,242
Long-term portion $ 325,758
Note payable maturities are as follows:

Year ending June 30, Amount
2023 $ 4,242
2024 8,098
2025 8,323
2026 8,555
2027 8,794
Thereafter 291,988
Total Notes payable $ 330,000
14 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Note 11 - Net Assets Without Donor Restrictions - Designated Reserve The 5CHC board of directors designated funds of $25,000 transferred from operating funds to begin a reserve for future needs in July 2021, as well as monthly transfers to the reserve of $1,000, until the reserve increases to $100,000. Activity for the reserve during the 18 months ended June 30, 2022 is as follows:

Designated reserve
Beginning
Balance
Ending
Received Released Balance
$ - $ 36,000 $ - $ 36,000
Note 12 - Net Assets With Donor Restrictions
Activity for net assets with donor restrictions for the 18 months ended June 30, 2022 is as follows:

Beginning
Balance Received Released
Donor and restriction:

New Life Community Church of the Nazarene
for 100 S. 4th Street
California Fine Wine for 100 S. 4th Street
Bank of America, rental assistance, housing
Bank of the Sierra, COVID-19
Umpqua Bank, homeless youth
Central Coast Funds for Children
Community Foundation of San Luis Obispo County
(CFSLOC), adult health
CFSLOC, homeless prevention, crisis response
CFSLOC, eviction prevention
CFSLOC, immediate needs
CFSLOC, undocumented families rent assistance
CFSLOC, homeless youth
City of Arroyo Grande, warming center
City of Pismo Beach, Pismo residents relief
Eastern Star LLC, Barca laundry facility
Emergency Food and Shelter Program (EFSP),
COVID-19 assistance
EFSP, American Rescue Plan Act (ARPA)
George Hoag Family Foundation, HESG
Kiwanis, 100 S. 4th Street
Michael Miner, HEARTH ESG
PG&E, COVID-19 and homeless recovery
State of California, COVID-19 assistance
Total
$ 2,500
5,000
20,000
9,719
3,500
5,145
36,000
16,872
9,319
9,078
10,000
4,000
444
40,000
50,000
13,940
26,538
28,750
1,000
10,000
35,000
25,000
$ 7,500 $ 354,305
Ending
Balance
$ (2,500) $
(5,000)
(11,997)
(9,719)
(3,500)
(3,978)
(20,726)
(16,872)
(9,319)
(9,078)
(10,000)
(2,475)
(444)
(15,000)
(10,473)
(4,000)
(8,750)
(153)
(3,333)
(30,000)
(25,000)
8,003
1,167
15,274
1,525
25,000
50,000
3,467
22,538
20,000
847
6,667
5,000
$ (202,317) $ 159,488
Note 13 - Special Events
5CHC held special events during the 18 months ended June 30, 2022, as detailed below. Special event revenue excludes contributions generated by the events which totaled an additional $12,270. presented in individual contributions on the accompanying statement of activities.

Empty Bowls
Fin's Fiesta and Fin's Giving Tuesday
Hope for Homeless Golf Tour
Total special events
Revenue Direct Costs Net Income
$ 46,810 $ 1, 877 $ 44,933
25,498 1,594 23,904
15,598 1,351 14,247
$ 87,906 $ 4,822 $ 83,084
15 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Note 14 - Contributions In -kind
5CHC received in -kind contributions from many donors during the 18 months ended June 30, 2022 as listed below.

In -kind contribution:

Special events auction items and supplies
Donated stocks Dodge Grand Caravan
Warming Center rent
Program supplies and materials
Operating supplies
Total in -kind contributions income
Less donated vehicle capitalized as an asset
Amount
$ 24,840
15,000
6,000
35,899
42,815
124,554
(15, 000)
Total in -kind contributions expense $ 109,554
In addition to the above in -kind contributions, 167 volunteers provided 1,690 hours of work valued at $50,616 for the 18 months ended June 30, 2022. 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 $ 2,941,547 71.73%
Grants and contributions 1,076,820 26.26%
Other revenue 82,519 2.01%
Total support and revenue $ 4,100,886 100.00%
Grants and contracts receivable
Receivables on the accompanying statement of financial position records amounts owed for grants and contracts that are either not yet completed or not yet paid for in full. Receivables at June 30, 2022 follows:

Grants and contracts receivable beginning balance $ 420,666 Grants and contracts receivable ending balance 327,949
Amount of change (92,717)
Percent change -22%
Deferred revenue
All of the deferred revenue received last year for unearned grants and contracts was earned during the 18 months ended June 30, 2022 as follows:

Beginning Ending
Balance Received Earned Balance
Deferred revenue from grants and contracts $ 90,711 $ 613,340 $ (90,711) $613,340 See Note 8 for deferred revenue detail.
16 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Note 15 - Revenue from Contracts (continued)
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 June 30, 2022 was approximately $3,936,419 (see Note 19). Of these remaining performance obligations, 5CHC expects to recognize revenue of 87% of this balance over the next twelve months and 13% 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 loss on disposal of property and equipment.

Note 16 - Operating Leases
5CHC leased office and Warming Center space under operating leases that matured in January 2021 and April 2022, respectively. Three residential units were also leased during 2021 and 2022 and matured by June 30, 2022.

Rent expense for the 18 months ended June 30, 2022 totaled $93,784 for these leases as presented in the accompanying statement of functional expenses as transitional housing/rent. All operating leases matured by June 30, 2022 resulting in no future lease obligations for the leases described in this paragraph. 5CHC entered into a use permit with San Luis Obispo County for the building site of the Cabins for Change project in the City of Grover Beach. The County waived the use permit fee.

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 two contracts with a construction company for roof, windows, and renovations to its building at 100 S. 4th Street, and for construction of the pallet shelter project called "Cabins for Change" both in the City of Grover Beach. The 4th Street renovation project construction contract totals $214,835, of which $120,603 is completed leaving a balance to finish of $94,232 at June 30, 2022. June work completed totaled $74,933 and is included in accounts payable at June 30, 2022. The renovations were completed in the summer of 2022.

The Cabins for Change project on Longbranch (Cabins) has a total construction contract of $863,186, currently.

Of this amount, $285,418, less retainage of $28,542 or $256,876, was completed by June 30, 2022 leaving a a balance of $606,310 to complete the cabins. June 2022 work completed totaled $85,892 and is included in accounts payable at June 30, 2022. The cabins are expected to be completed by fall of 2022 and will provide temporary housing with 18 400 square foot cabins. Included in the project are separate bathroom facilities, community space, landscaping, and staff work space.

Note 19 - Subsequent Events
Bank Line of Credit
Mechanics Bank line of credit was renewed in August 2022. The line maximum borrowing amount remains $300,000, at prime plus 2.75% or 6% initial rate, matures on July 9, 2023 and is secured by all assets of 5CHC. 17 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE FINANCIAL STATEMENTS
For the 18 Months Ended June 30, 2022
Note 19 - Subsequent Events (continued)
Note Payable
Payments for the SBA EIDL began on September 1, 2022 consisting of payments of principal plus interest at

2.75% totaling $1,426 per month. See Note 10 for details.

New Lease
On June 27, 2022, 5CHC entered into a ground lease with the City of Grover Beach for a building site for development of a future shelter for homeless individuals and families. The lease matures in 55 years with annual payments of $1, that are expected to be waived.

Funding
The following grants and contracts were awarded or renewed by 5CHC's current funders for one or more fiscal years with the following spendable balances for work performed after June 30, 2022 Contracts:

California Emergency Solutions and Housing
CAPSLO, HUD Community Services Block Grant (CSBG)
City of Grover Beach, HUD CDBG
City of Grover Beach, HUD CDBG COVID-19 round 1
City of Grover Beach, HUD CDBG COVID-19 rounds 2 and 3
San Luis Obispo County (SLOC), HUD CDBG COVID-19
SLOC, HUD HEARTH Emergency Solutions Grant (HESG)
SLOC, HUD Emergency Solutions Grant (ESG) COVID-19
SLOC, HUD ESG COVID-19 round 1
SLOC, HUD ESG COVID-19 round 2
SLOC, HUD ESG round 1
SLOC, HUD ESG round 2
SLOC, Homeless Housing, Assistance, and Prevention (HHAP) SLOC, HHAP, Youth Continuum of Care (CoC)
SLOC, Permanent Local Housing Allocation (PLHA)
Good Samaritan, Supportive Services for Veterans Families (SSVF) Good Samaritan, SSVF
Total contracts
Grants:

Bank of America, HESG match
Central Coast Funds for Children, youth programs
CFSLOC, Adult Health 2022
CFSLOC, Knight Youth Fund
Order of the Eastern Star California - 97 Central Coast Star, Barca laundry Emergency Food and Shelter Program (EFSP), grant no. 39 EFSP, American Rescue Plan Act (ARPA)
George Hoag Family Foundation, HESG match
Michael Miner, HESG match
Kiwanis Service Club
New Life Community Church, Immediate Needs Program
PG&E, Homeless Recovery
City of Pismo Beach, Immediate Needs Program
Subtotal grants
Total contracts and grants
Amount
$ 54,871
286,964
7,649
16,739
222,358
176,593
58,993
13,713
613,963
640,673
71,420
1,364,215
177,076
179,302
29,164
9,719
13,007
3,936,419
8,003
1,167
15,274
1,525
50,000
3,467
22,538
20,000
6,667
847
1,592
5,000
25,000
161,080
$ 4,097,499
18 Supplementary Information
Single Audit Reports

5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
For the 18 Months Ended June 30, 2022
Pass -through
Federal Entity Passed Total
CFDA Identifying Through to Federal
Federal Grantor/Pass-through Grantor/Program or Cluster Title Number Number Subrecipients Expenditures Department of Housing and Urban Development
Passed through Community Action Partnership of San Luis Obispo County (CAPSLO)
COVID-19, CDBG Grants/Entitlement Grants 14.218 B-O-UW-06-0508 $ $ 38,743 Passed through the City of Grover Beach
CDBG Grants/Entitlement Grants (GB CDBG 19-21) 14.218 17-CDBG-12027 23,370 60,726 COVID-19, CDBG Grants/Entitlement Grants (GB CDBG CV1) 14.218 20-CDBG-CV1-00020 32,246 COVID-19, CDBG Grants/Entitlement Grants (GB CDBG CV2r3) 14.218 20-CDBG-CV1-00022 25,833 COVID-19, CDBG Grants/Entitlement Grants 14.218 20-CDBG-CV2-3-00077 770 Passed through San Luis Obispo County
CDBG Grants/Entitlement Grants 14.218 B-21-UC-06-0508 39,267 COVID-19, CDBG Grants/Entitlement Grants 14.218 B-20-UW-06-0508 47,000 Subtotal CFDA 14.218 23,370 244,585
Passed through San Luis Obispo County
COVID-19, Emergency Solutions Grants (ESG-CV2 B) * 14.231 E-20-UW-06-0508 1,029,924 COVID-19, Emergency Solutions Grants (ESG-CV1) * 14.231 E-20-UW-06-0508 31,296 100,682 COVID-19, Emergency Solutions Grants (ESG-CV 2 A) * 14.231 E-20-UW-06-0508 - 278,954 COVID-19, Emergency Solutions Grants (CA-ESG CV1) " 14.231 20-ESGCV1-0030 82,982 326,325 COVID-19, Emergency Solutions Grants (CA-ESG CV2) " 14.231 20-ESGCV1-0030 12,233 524,141 Emergency Solutions Grants * 14.231 20-ESG-15561 50,206 116,255 Emergency Solutions Grants * 14.231 19-ESG-13115 - 80,557 Emergency Solutions Grants * 14.231 E-20-UC-06-0508 54,364 Subtotal CFDA 14.231 176,717 2,511,202
Passed through CAPSLO
Continuum of Care Program 14,267 UNKNOWN - 29,000
Total Department of Housing and Urban Development 200,087 2,784,787 Department of the Treasury
Passed through Local Initiatives Support Corporation
Emergency Rental Assistance Program
Total Department of the Treasury
Department of Veterans Affairs
Passed through Good Samaritan
Supportive Services for Veterans Families
Supportive Services for Veterans Families

21.023 52511-0001 88,936
88,936

64.033 20-CA-359 - 21,512

64.033 21-CA-359 - 29,223
Total Department of Veterans Affairs 50,735
Department of Homeland Security
Passed through United Way Worldwide
COVID-19, Emergency Food & Shelter Program
COVID-19, Emergency Food & Shelter Program,
American Rescue Plan Act (ARPA)
Emergency Food & Shelter Program (Phase 37-39)
Total Department of Housing and Urban Development
Total Federal Expenditures
* Major federal program

97.024 086400-037 - 3,513

97.024

97.024
086400-037
086400-037
4,000
10,622

18.135
$ 200,087 $2,942,593
The accompanying notes are an integral part of this schedule. 19 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

NOTES TO THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS For the 18 Months Ended June 30, 2022
Note 1 - Basis of Presentation
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of 5Cities Homeless Coalition (5CHC) under programs of the federal government for the 18 months ended June 30, 2022. The information in the SEFA is prepared in accordance with the 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). Because the SEFA presents only a selected portion of the operations of 5CHC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of 5CHC.

Note 2 - Summary of Significant Accounting Policies
Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. 5CHC has elected not to use the ten percent de minimis indirect cost rate as allowed under the Uniform Guidance.
20 Findings and Recommendations

5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For the 18 Months Ended June 30, 2022
Section I - Summary of Auditor's Results
Financial Statements
Type of report the auditor issued on whether the financial statements were prepared in accordance with GAAP: Unqualified
Internal control over financial reporting:

Material weakness(es) identified? yes ✓ no
Significant deficiency(ies) identified? yes ✓ none reported Noncompliance material to financial statements noted? yes ✓ no Federal Awards
Internal control over major federal programs:

Material weakness(es) identified? yes ✓ no
Significant deficiency(ies) identified? yes ✓ none reported Type of auditors' report issued on compliance for major federal programs: Unmodified Any audit findings disclosed that are required to be reported in accordance with 2 CFR Section 200.516(a)? yes ✓
no
Identification of major federal programs:

CFDA Number(s): Name of Federal Program or Cluster:

14.231 Emergency Solutions Grants Program
Dollar threshold used to distinguish between Type A and Type B programs: $750,000 Auditee qualified as low risk auditee under 2 CFR Section 200.520? yes ✓ no 21 5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS
For the 18 Months Ended June 30, 2022
Section I - Summary of Auditor's Results
This section is not applicable since this is the first single audit for 5Cities Homeless Coalition.

5CITIES HOMELESS COALITION, INC.

GROVER BEACH, CALIFORNIA

SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For the 18 Months Ended June 30, 2022
Section II - Financial Statement Findings
None reported
Section III - Federal Award Findings and Questioned Costs None reported

Newport Office:

P.O. Box 1930
530 N.W. 3rd St. Ste E
Newport, OR 97365
(541) 265-5411
Fax (541) 265-9255
[email protected]
Lincoln City Office:
1349 N.W. 15th Street
Lincoln City, OR 97367
(541) 994-5252
Fax (541) 994-2105
Members:

AICPA OSCPA & OAIA

GRIMSTAD & ASSOCIATE
Certified Public Accountants
Independent Auditor's Report on Compliance for Each Major Program and on Internal Control Over Compliance Required by the Uniform Guidance Board of Directors and Management of
5Cities Homeless Coalition
PO Box 558
Grover Beach, California 93483
Report on Compliance for Each Major Federal Program
Opinion on Each Major Federal Program
I have audited 5Cities Homeless Coalition's (5CHC's) compliance with the types of compliance requirements identified in the OMB Compliance Supplement that could have a direct and material effect on 5CHC's major federal program for the 18 months ended June 30, 2022. 5CHC's major federal program is identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs.

In my opinion, 5CHC complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on its major federal program for the 18 months ended June 30, 2022.

Basis for Opinion on Each Major Federal Program
I conducted my 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). My responsibilities under those standards and the Uniform Guidance are further described in the Auditor's Responsibilities for the Audit of Compliance section of my report.

I am required to be independent of 5CHC and to meet my other ethical responsibilities, in accordance with relevant ethical requirements relating to my audit. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion on compliance on the major federal program. My audit does not provide a legal determination of 5CHC's compliance with the compliance requirements referred to above, Responsibilities of Management for Compliance
Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to 5CHC's federal program.

Auditor's Responsibilities for the Audit of Compliance
My objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on SCHC's compliance based on my audit. Reasonable 24 5Cities Homeless Coalition
November 9, 2022
assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards, Government Auditing Standards, and the Uniform Guidance will always detect material noncompliance when it exists. The risk of not detecting material noncompliance resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about 5CHC's compliance with the requirements of its major federal program as a whole.

In performing an audit in accordance with generally accepted auditing standards, Government Auditing standards, and the Uniform Guidance, I:
• Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding 5CHC's compliance with the compliance requirements referred to above and performing such other procedures as I considered necessary in the circumstances.
• Obtain an understanding of 5CHC's internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances 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 5CHC's internal control over compliance. Accordingly, no such opinion is expressed.

I am required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that I identified during the audit.

Report on 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 a 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 less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

My consideration of internal control over compliance was for the limited purpose described in the Auditor's Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant in internal control overcompliance. Given these limitations, during my audit I did not identify any deficiencies in internal control over compliance that I consider to be material weaknesses, as defined above.

However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified.

My audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed. 25 5Cities Homeless Coalition
November 9, 2022
The purpose of this report on internal control over compliance is solely to describe the scope of my 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.

GRIMSTAD & ASSOCIATE
Signe rimstad
Certified Public Accountant
Newport, Oregon
November 9, 2022
26 Newport Office:

P.O. Box 1930
530 N.W. 3rd St. Ste E
Newport, OR 97365
(541) 265-5411
Fax (541) 265-9255
into ,g rimstad-assoc. com
Lincoln City Office:
1349 N.W 15th Street
Lincoln City, OR 97367
(541) 994-5252
Fax (541) 994-2105
Members:

AICPA OSCPA & OAIA

GRIMSTAD & ASSOCIATE
Certified Public Accountants
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
5Cities Homeless Coalition
PO Box 558
Grover Beach, California 93483
I 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 5Cities Homeless Coalition (5CHC) (a nonprofit organization), which comprise the statement of financial position as of June 30, 2022, and the related statements of activities, functional expenses, and cash flows for the 18 months then ended, and the related notes to the financial statements, and have issued my report thereon dated November 9, 2022.

Report on Internal Control Over Financial Reporting
In planning and performing my audit of the financial statements, I considered 5CHC'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 my opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of SCHC's internal control. Accordingly, I do not express an opinion on the effectiveness of 5CHC'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.

My 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 my audit I did not identify any deficiencies in internal control that I consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
27 5Cities Homeless Coalition
November 9, 2022
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether 5CHC's financial statements are free from material misstatement, I 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 my audit, and accordingly, I do not express such an opinion. The results of my 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 my testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the organization'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 organization's internal control and compliance.

Accordingly, this communication is not suitable for any other purpose.

GRIMSTAD & ASSOCIATE
Signe G i4sta6-
Certified Public Accountant
November 9, 2022
28 5Cities Homeless Coalition
March 2023 Program Report
bcities homeless coalition
resources. support. hope.

Problem Solving & Coordinated Entry
5CHC's assistance for South County residents begins with a Coordinated Entry Intake, a standardized assessment utilized by Homeless Service Providers throughout the County to ensure a consistent, streamlined experience for those seeking services. This problem -solving process first works to divert people from falling into homelessness by identifying immediate action steps, providing assistance with immediate needs to overcome a one-time barrier and then, if necessary, connects them with services and short-term financial assistance to help stabilize their housing situation. 5CHC's Housing Navigation Center offers access to computer, internet, phone, mailing address, food, and hygiene supplies.

Single -Parent
Households: Seniors (62+): Disabled: Youth (under 25): Veterans:

Number of Coordinated
Entry Surveys: 49
-
X
il
Households With
Children: 20
• •
Households Without
Children: 29
••
Housing Navigation Services
irt
Total Number
Incoming Calls:
314
Total Number of
Walk-ins:
396
11 5CHC's housing navigation services are offered throughout San Luis Obispo County to assist resident to regain stabile housing after experiencing a housing crisis. Those currently experiencing homelessness and those who are facing a loss of housing receive case management stabilization services and financial assistance for deposit, rent and immediate needs. These programs prevent the loss of housing and aid those who are unhoused with new housing.

Rapid Rehousing - Permanently Housed
This Month: 9
Year to Date: 151
Financial Assistance This Month
• Total Deposit: • Total Rent:
$15,340 $ 6,065
• Avg/ Household: • Avg/ Household:
$3,835 $1,213
Prevented Homelessness (Eviction)
This Month: 26
Year to Date: 121
Financial Assistance This Month
• Total Deposit: $00
• Avg/ Household:
$00
• Total Rent:
$59,042
▪ Avg/ Household:
$2,567

Outreach Efforts
5CHC's Outreach Program is key to addressing the needs of those who are chronically homeless living in South County, by helping them to navigate a transition to affordable housing and services. To meet this difficult challenge, 5CHC's Outreach Team has specialized knowledge of the issues facing those they serve and "goes to where they are." 5CHC works to provide food and essential services while serving as a bridge to community services such as housing, medical, behavioral health, and substance use disorder treatment. 5CHC partners with County Public Health, A.G.

Community Hospital, veteran services, and law enforcement, among others.

Shelter Services
Total Nights
Open
58 Avg. # of
Guests This
Season
# of 1st Time
Guests
Individuals Connected
to Resources
This Month
28 left fPft
Warming Center - Opening on November 1 and continuing through the winter season, 5CHC operates an overnight warming center to provide a safe, warm, and dry place for families and individuals to find shelter on nights with specific forecasts of inclement weather.

Cabins for Change - This is 5CHC's newest program, offering emergency shelter in 20 individual cabins for single adults and couples. This shelter incorporates dignity, compassion and structured guidance via an intensive case -managed, limited -stay program in partnership with the County of San Luis Obispo and City of Grover Beach.

The shelter opened Dec. 23, 2022. There is currently a waiting list, with all cabins occupied.

Permanently Housed
Homeless Youth
Gained Employment
00 3
Current Cabin
Occupancy:

Therapy Animals
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.

Total # of Case
Managed Youth
New Contacts
Made This Month
Youth Who Gained New
Housing, Employment,
Benefits, or Education
5Cities Homeless Coalition
A 501(c)(3) Nonprofit I Tax ID #27-0413593
(805) 574-1638 1 5CHC.org
P.O. Box 558
Grover Beach, CA 93483-0558
@5citieshomelesscoalition
0g®

op American Red Cross
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
March 31, 2023
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 $10,000. 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 resolute volunteers do to achieve our mission is outlined below:
• Each year in San Luis Obispo County we assist individuals and families that are impacted 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 delivering exceptional services to the public, as the Red Cross aids as needed during a personal or community disaster. Additionally, our financial support and counselling and referral services contributes to keeping individuals and families from becoming homeless after experiencing a disaster.

Of note specifically, we were there for the residents and visitors of Pismo Beach and the other communities in San Luis Obispo County in both January 2023 and again in March 2023 when the dangerous and damaging storms and floods impacted residents and visitors. And we are still assisting in the aftermath of this devastation.

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,
AMC
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, 2022
(With summarized information for the year ended June 30, 2021) (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
Opinion
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, 2022, 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.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of the Organization as of June 30, 2022, and the changes in its net assets and its cash flows for the year then ended in accordance with U.S. generally accepted accounting principles.

Basis for Opinion
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are required to be independent of the Organization and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Responsibilities of Management for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with U.S. generally accepted accounting principles, and for 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.

In preparing the consolidated financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Organization's ability to continue as a going concern for one year after the date that the consolidated financial statements are issued.

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the consolidated financial statements.

KPMG LLP a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

In performing an audit in accordance with GAAS, we:
• Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements.
• Obtain an understanding of internal control relevant to the audit 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, no such opinion is expressed. • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements.
• Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Organization's ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.

Report on Summarized Comparative Information
We have previously audited the Organization's 2021 consolidated financial statements, and we expressed an unmodified audit opinion on those audited consolidated financial statements in our report dated October 28, 2021. In our opinion, the summarized comparative information presented herein as of and for the year ended June 30, 2021, is consistent, in all material respects, with the audited consolidated financial statements from which it has been derived.

McLean, Virginia
October 26, 2022
I�PN�Cs LLB
2 THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Financial Position
June 30, 2022
(With comparative information as of June 30, 2021)
(In thousands)
Assets
2022 2021
Current assets:

Cash and cash equivalents $ 292,369
Investments (note 4) 470,946
Trade receivables, including grants, net of allowance for doubtful accounts of $1,792 in 2022 and $2,155 in 2021 (note 11) 244,559
Contributions receivable (note 2) 30,724
Inventories, net of allowance for obsolescence of $250 in 2022 and $87 in 2021 59,996 Other current assets 48,518
Total current assets
205,148
562,450
226,657
26,089
47,394
50,231
1,147,112 1,117, 969
Noncurrent assets:

Investments (note 4) 1,515,968 1,329,448
Contributions receivable (note 2) 24,936 13,939
Right -of -use assets -operating leases (note 6) 123,213 121,765 Land, buildings, and other property, net (note 3) 700,114 728,858 Assets held for sale, net (note 3) 27,985 33,602
Prepaid pension assets (note 10) 66,975 -
Other assets (note 9) 265,879 322,919
Total noncurrent assets
Total assets
Liabilities and Net Assets
2,725,070 2,550,531
$ 3,872,182 3,668,500
Current liabilities:

Accounts payable and accrued expenses $ 354,043 299,798 Current portion of debt (note 5) 8,331 19,169
Current portion of lease obligation -operating (note 6) 25,530 25,214 Postretirement benefits (note 10) 3,745 3,731
Other current liabilities (notes 9 and 11) 135,141 146,439 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
526,790 494,351
373,103
110,686
39,047
122,266
383,420
109,971
167,317
145,054
645,102 805,762
1,171,892 1,300,113
1,016,509
1,683,781
710,028
1,658,359
Total net assets 2,700,290 2,368,387
Commitments and contingencies (notes 4, 5, 6, 10, 11)
Total liabilities and net assets $ 3,872,182 3,668,500
See accompanying notes to consolidated financial statements. 3 THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Activities
Year ended June 30, 2022
(With summarized information for the year ended June 30, 2021) (In thousands)
Without With
donor donor Totals
restrictions restrictions 2022 2021
Operating revenues and gains:

Contributions:

Corporate, foundation and individual giving $ 254,678 577,434 832,112 529,405 United Way and other federated 5,292 16,857 22,149 23,719 Contracts, including federal government 5,687 52,957 58,644 180,817 Legacies and bequests 89,593 25,457 115,050 100,912
Services and materials 16,637 36,981 53,618 55,096
Products and services:

Biomedical Services 1,883,092 1,883,092 1,883,815
Program materials 135,663 - 135,663 115,800
Investment return, net (note 4) 1,729 46,976 48,705 63,924 Other revenues 69,422 69 69,491 177,156
Net assets released from restrictions 634,694 (634,694) - - Total operating revenues and gains
Operating expenses:

Program services:

Services to the Armed Forces
Biomedical Services
Community Services
Domestic Disaster Services
Training Services
International Relief and Development Services
3,096,487 122,037
69,074
2,022,534
28,383
443,229
118,082
116,434
Total program services 2,797,736
Supporting services:

Fundraising
Management and general
Total supporting services
188,885
97,856
286,741
3,218,524 3,130,644
69,074
2,022,534
28,383
443,229
118,082
116,434
55,201
1,834,750
22,995
503,552
102,394
69,105
2,797,736 2,587,997
188,885 165,392
97,856 83,097
286,741 248,489
Total operating expenses 3,084,477 3,084,477 2,836,486
Change in net assets from operations 12,010 122,037 134,047 294,158 Nonoperating investment return, net (note 4) (14,508) (96,615) (111,123) 277,710 Pension -related changes other than net periodic
benefit cost (note 10) 308,979 308,979 (15,696)
Change in net assets 306,481 25,422 331,903 556,172
Net assets, beginning of year 710,028 1,658,359 2,368,387 1,812,215 Net assets, end of year $ 1,016,509 1,683,781 2,700,290 2,368,387 See accompanying notes to consolidated financial statements. 4 Salaries and wages
Employee benefits
Subtotal

THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Functional Expenses
Year ended June 30, 2022
(With summarized information for the year ended June 30, 2021) (In thousands)
Program services
International
Domestic Relief and Total
Service to Biomedical Community Disaster Training Development program Armed Forces Services Services Services Services Services services $ 30,656 772,611 11,782 120,538 46,855 13,135 995,577
15,929 401,446 6,122 62,632 24,345 6,825 517,299
46,585 1,174,057 17,904 183,170 71,200 19,960 1,512,876 Travel and maintenance 843 18,708 88 22,735 1,332 795 44,501 Equipment maintenance and rental 413 43,660 456 9,533 178 251 54,491 Supplies and materials 1,304 277,178 1,106 3,697 15,624 236 299,145 Contractual services 6,951 446,097 3,791 58,673 26,435 3,961 545,908 Financial and material assistance 11,412 2,416 3,825 153,592 932 91,203 263,380 Depreciation and amortization 1,566 60,418 1,213 11,829 2,381 28 77,435 Total expenses
Salaries and wages
Employee benefits
Subtotal
$ 69,074 2,022,534 28,383 443,229 118,082 116,434 2,797,736 Supporting services
Management Total
and supporting Total expenses
Fundraising general services 2022 2021
$ 84,248 44,998 129,246 1,124,823 1,077,306
43,775 23,381 67,156 584,455 274,742
128,023 68,379 196,402 1,709,278 1,352,048
Travel and maintenance 1,332 434 1,766 46,267 35,114
Equipment maintenance and rental 971 921 1,892 56,383 61,023 Supplies and materials 1,888 421 2,309 301,454 279,184
Contractual services 51,284 25,919 77,203 623,111 719,709 Financial and material assistance 370 783 1,153 264,533 307,336 Depreciation and amortization 5,017 999 6,016 83,451 82,072 Total expenses $ 188,885
See accompanying notes to the consolidated financial statements. 97,856 286,741
5 3,084,477 2,836,486

THE AMERICAN NATIONAL RED CROSS
Consolidated Statement of Cash Flows
Year ended June 30, 2022
(With comparative information for the year ended June 30, 2021) (In thousands)
2022 2021
Cash flows from operating activities:

Change in net assets $ 331,903 556,172
Adjustments to reconcile change in net assets to net cash (used in) provided by operating activities:

Depreciation and amortization 83,451 82,072
Amortization of right -of -use assets -operating leases 32,466 31,748 Provision for doubtful accounts receivable (248) 1,252
Provision for obsolete inventories 163 (93)
Net gains on sales of property (11,563) (9,091)
Net investment returns and derivatives gains 51,716 (223,116) Pension and postretirement-related changes other than net periodic benefit costs (308,979) 15,696
Donor -restricted contributions (12,561) (28,014)
Changes in operating assets and liabilities:

Receivables (33,286) 67,086
Inventories (12,765) (303)
Other assets 58,753 (60,560)
Accounts payable and accrued expenses 54,245 46,675
Decrease in operating lease liability obligations (32,883) (30,639) Other liabilities (34,086) 9,795
Pension and postretirement benefits 113,748 (4,351)
Net cash provided by operating activities 280,074 454,329 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
Net cash used in investing activities
Cash flows from financing activities:

Donor -restricted contributions
Repayment of debt
Net cash used in financing activities
(65,457) (66,134)
12,281 8,311
15,649 8,861
(559,054) (245,507)
412,322 16,667
(184,259) (277,802)
12,561 28,014
(21,155) (234,808)
(8,594) (206,794)
Net increase (decrease) in cash and cash equivalents 87,221 (30,267) Cash and cash equivalents, beginning of year 205,148 235,415 Cash and cash equivalents, end of year $ 292,369 205,148 Supplemental disclosure of cash flow information:

Cash paid during the year for interest $ 14,871 25,406
See accompanying notes to consolidated financial statements. 6 THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (1) 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.

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 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.
(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, 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 changes other than net periodic benefit cost, and changes in the fair value of investments.
7 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (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, 2021 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 $279 million and $193 million as of June 30, 2022 and 2021, respectively. Cash and cash equivalents that are held as part of the investment portfolio purchased with donor -restricted contributions are reported within investments. (f)
(9)
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, 2022. 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.

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 invest in or mitigate certain risks. Derivative financial instruments are recorded at fair value (notes 4 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.
8 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (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)
(1)
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 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. The costs incurred in cloud computing arrangements are capitalized and amortized over the term of the hosting arrangement. 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.

Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows:

Class of property
Useful life
in years
Buildings 45
Building improvements 10
Equipment and software 3-15
9 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (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 long-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. Renewal or termination options are not reasonably certain of exercise and are therefore not recognized in lease assets and liabilities until the date of exercise.

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. (m) Property and Casualty Insurance
The Organization maintains various insurance policies under which it assumes a portion of each insured loss. During fiscal year 2021, 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 $81 million and $75 million as of June 30, 2022 and 2021, 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. 10 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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 related services under single contracts with customers with multiple performance obligations. Blood products sold fall under two main categories — Whole Blood Derived Products, which include red cells, plasma, and cryoprecipitate; and Plateletpheresis Products, which include single donor platelets and plasma.

Testing services are performed over all products prior to the sale and delivery of the products.

Because the blood products and related blood testing services are not capable of being distinct, the products and services are treated as a bundled performance obligation.

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 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.
11 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (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, lifeguarding, caregiving skills, and other professional healthcare courses such as BLS (Basic Life Support). 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.

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 nearly 300,000 volunteers annually. A small percentage of these volunteers meet the above criteria and are reported in contributed services. Contributed services for the year ended June 30, 2022 include the services of approximately 9,693 volunteers. The Organization recorded contributed services revenue and related expense of approximately $35 million and $38 million in 2022 and 2021, respectively. These amounts primarily represent volunteer efforts in support of Disaster Services and Services to the Armed Forces.

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. For gifts that are not long-lived assets, the restriction is released as the item is used. The Organization does not sell in -kind contributions.
12 (Continued)

(p)
(q)
(r)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) For the years ended June 30, 2022 and 2021, contributed nonfinancial assets recognized within the statement of activities included (in thousands):

Item
Program
Clothing and household Domestic Disaster
goods Services, Biomedical
Services, and
Services to the
Armed Forces
Food Domestic Disaster
Services and
Biomedical Services
Medical supplies Domestic Disaster
Services and
Biomedical Services
Various All Programs
Total
Income Taxes
Fair value
technique
Estimated based
on US wholesale
prices of identical
or similar products.
2022 2021
$ 6,339 2,624
Estimated based on
US wholesale
prices of identical
or similar products. 6,349 6,653
Estimated based on
US wholesale
prices of identical
or similar products. 633 1,524
Estimated based on
US wholesale
prices of identical
or similar products. 5,701 6,380
$ 19,022 17,181
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, 2022 and 2021, 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 for under Accounting Standards Codification (ASC) Topic 860, Transfers and Servicing (note 11).

Newly Adopted Accounting Pronouncements
In September 2020, the FASB issued ASU 2020-07, Presentation and Disclosures by Not -for -Profit Entities for Contributed Nonfinancial Assets. ASU 2020-07 requires contributed nonfinancial assets to be presented in a separate line item in the income statement and the amount of the contribution must be disaggregated by type in the footnotes. The Organization has adopted ASU 2020-07 retrospectively 13 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) for the fiscal year ended June 30, 2022 and resulted in no material impact on the consolidated statement of activities.
(2) Contributions Receivable
The Organization anticipates collection of outstanding contributions receivable as follows at June 30, 2022 and 2021 (in thousands):
(3)
2022 2021
Amounts receivable within one year $ 33,785
Amounts receivable in 1 to 5 years (net of discount of $1,206 and $1,220 for 2022 and 2021, respectively) 24,936
Total contributions receivable before allowance
for uncollectible amounts
29,035
13,939
58,721 42,974
Less allowance for uncollectible amounts (3,061) (2,946) Contributions receivable, net 55,660 40,028
Less current portion 30,724 26,089
Contributions receivable, net, noncurrent $ 24,936 13,939 Amounts presented above have been discounted to present value using various discount rates ranging between 0.04% and 3.25%.

As of June 30, 2022, the Organization received conditional grants totaling $56 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.

Land, Buildings, and Other Property
The cost and accumulated depreciation of land, buildings, and other property were as follows at June 30, 2022 and 2021 (in thousands):
2022 2021
Land $ 84,091 86,389
Buildings and improvements 1,040,119 1,050,934
Equipment and software 463,466 477,387
Total cost of assets placed in service
Less accumulated depreciation
Construction in progress
Land, buildings, and other property, net
1,587,676 1,614,710
(929, 717)
42,155
$ 700,114
(899, 559)
13,707
728,858
14 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) Assets held for sale were as follows at June 30, 2022 and 2021 (in thousands):

Land
Buildings and improvements
2022 2021
$ 10,667
33,537
12,898
43,664
Total cost of assets held for sale 44,204 56,562
Less accumulated depreciation and amortization (16,219) (22,960) Assets held for sale, net $ 27,985 33,602
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, 2022, the gain on the buildings and improvements assets held for sale was approximately $8 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 Topic 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 Topic 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, 2022
(With summarized information for the year ended June 30, 2021) 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, 2022 and 2021, 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, 2022 reflects the original contribution, any subsequent distributions received and contributions made, as well as the Organization's share of the earnings of the investee. Earnings were approximately $8 million for the period ended June 30, 2022 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, 2022 (in thousands):

June 30, Measured at
2022 Level 1 Level 2 Level 3 NAV(1
Fixed -income commingled funds $ 21,748 21,748 — —
U.S. government and sovereign
securities 82,137 — 82,137 — —
Common and preferred stocks 635 635 — —
Hedge funds 100,124 — — — 100,124
Private equity and debt 475,465 — — — 475,465
Real estate and real assets 5,363 — 5,363
Derivative contracts 13,287 — 13,287 — —
Cash equivalents 1,235,818 4,362 1,231,456
Investments stated at
fair value
1,934,577 4,997
Equity method investments 52,337
Total investments $ 1,986,914
1,348,628 580,952
16 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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(')
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 $ 1,891,898
(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, 2022 and 2021.

For the valuation of certain cash equivalents, U.S. government and sovereign securities, and fixed income and equity commingled funds at June 30, 2022 and 2021, 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, 2022 and 2021, 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, 2022 and 2021, respectively.
17 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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, 2022 (in thousands):

Hedge funds (a),(c)
Hedge funds (a)
Private equity and debt (b)
Real estate and real assets (b)
Total
Unfunded Redemption Redemption
Fair value commitments frequency notice period
$ 992 — N/A Fully redeemed
99,132 Monthly to 2-180 days
triennially
475,465 79,133 None
5,363 3,206 None
$ 580,952
82,339
(a) 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. (b) 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.
(c) 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.

The following table lists the notional/contractual amount of derivatives by contract type included in the Organization's investments at June 30, 2022 and 2021 (in thousands):

Derivative type
Commodity options
Equity contracts
2022 2021
$ 1,106, 000 1,106, 000
1,140,710 15,041
18 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) The following table lists fair value of derivatives by contract type included in the Organization's investments as of June 30, 2022 and 2021 (in thousands):

Derivative type
Commodity options
Equity contracts
Derivative Assets Derivative Liabilities
2022 2021 2022 2021
$ 6,810
20,264
Fair value of derivatives
included in investments $
32,648
61 27,074 32,709
(85) (19,815)
(13,703) (11)
(13,788) (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, 2022 and 2021 (in thousands):

Derivative type
Commodity options
Equity contracts
Total
Change in unrealized
Realized gains/(losses) gains/(losses)
2022 2021 2022 2021
$ — (6,108) (13, 518)
(19,141) 6,511 50
$ (19,141) 403 (13,468)
For the valuation of the Organization's derivative contracts at June 30, 2022, 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, 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 achieve exposure to U.S. Treasury securities; these contracts are also marked -to -market daily, with daily exchanges of variation margin, which generally offers higher protection against counterparty risk than collateralization. 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, 2022. However, the diversification of the Organization's invested assets among these various asset classes and the risk 19 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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, 2022 and 2021 (in thousands):
2022 2021
Without donor With donor
restrictions restrictions Total Total
Investment returns available for operations:

Other investment returns $ 1,729 46,976 48,705 63,924
Net nonoperating investment returns
1,729 46,976 48,705 63,924
(14,508) (96,615) (111,123) 277,710
Total return on
investments, net $ (12,779) (49,639) (62,418) 341,634
(5) Debt
Debt consists of the following at June 30, 2022 and 2021 (in thousands):
2022 2021
Fixed rate debt bearing interest rates ranging from 0% to 3.83%, due calendar year 2022 through 2044 $ 381,434 402,589
Total bonds and notes payable 381,434 402,589
Less current portion 8,331 19,169
Debt, noncurrent portion $ 373,103 383,420
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.

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, 2022.
20 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) Scheduled maturities and sinking fund requirements of the debt and credit agreements as of June 30, 2022 are as follows (in thousands):
2023 $ 8,000
2024 8,000
2025 68,000
2026 20,000
2027 31,000
Thereafter 246,100
$ 381,100
Interest expense was approximately $15 million and $28 million for fiscal years ended June 30, 2022 and 2021, respectively, 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, 2022 and 2021. The Organization had unused lines of credit outstanding of approximately $200 million at both June 30, 2022 and June 30, 2021. The amounts available to be borrowed on the lines of credit are subject to the limitations of the Organization's debt covenants. (b) Letters of Credit
The Organization had unused letters of credit outstanding of approximately $52 million at June 30, 2022 and June 30, 2021.
(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.

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.
21 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) Operating lease right -of -use assets and lease liabilities as of June 30, 2022, and 2021, 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
2022 2021
$ 123,213
$ 25,530
110,686
$ 136,216
121,765
25,214
109,971
135,185
Operating expenses for the leasing activity of the Organization as lessee for the years ended June 30, 2022, and 2021, respectively, are as follows (in thousands):

Lease type
Operating lease costs
Short-term lease costs
Total lease cost
2022 2021
$ 34,018 32,770
84 72
$ 34,102 32,842
Total rent expense was approximately $43 million and $41 million for the years ended June 30, 2022 and 2021, respectively, and is included in contractual services on the consolidated statement of functional expenses.

The aggregate future lease payments below summarize the remaining future undiscounted cash flows for operating leases as of June 30, 2022, and a reconciliation to operating lease liabilities reported on the consolidated statement of financial position:
2023 $ 27,861
2024 23,417
2025 18,858
2026 14,733
2027 11,939
Thereafter 60,653
Less interest
Total lease payments
157,461
(21, 245)
Present value of lease liability $ 136,216
22 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) Average operating lease terms and discount rate at June 30, 2022, and 2021, were as follows:

Weighted average remaining lease term (years)
Weighted average discount rate
2022 2021

11.22 1.95

11.58 1.91 %
The following summarizes cash paid for operating lease liabilities and other non -cash information as of June 30, 2022 and 2021:
2022 2021
Cash paid for amounts included in the measurement
of operating lease liability $ 34,780 33,143
Right -of -use assets obtained in exchange for operating lease obligations 26,987 32,814
Future minimum rental payments to be received by the Organization for office space leased at the National Headquarters building as of June 30, 2022 are as follows (in thousands):
2023 $ 20,484
2024 20,931
2025 21,312
2026 21,617
2027 21,838
Thereafter 66,891
Total minimum lease
payments to be received $ 173,073
The rental income was approximately $20 million and $19 million for the years ended June 30, 2022, and 2021, respectively, and is included in other revenue on the consolidated statement of activities. 23 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (7) Net Assets
Net assets with donor restrictions are available for the following purposes or periods as of June 30, 2022 and 2021 (in thousands):
2022 2021
Disaster and Humanitarian Services $ 136,406 125,035
International Relief and Development Services 124,496 42,231 Endowment 1,236,904 1,272,232
Other net assets with restrictions to be held in perpetuity 185,975 218,861 Total with donor restrictions net assets
$ 1,683,781
1,658,359
Endowment at June 30, 2022 and 2021 consists 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.

As of June 30, 2022, and 2021, 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):
2022 2021
Financial assets:

Cash and cash equivalents $ 292,369 205,148
Short-term investments, net 470,946 562,450
Trade receivable, including grants, net of allowance for 121,102 101,657 doubtful accounts
Contributions receivable 7,467 9,669
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
891,884 878,924
252,000 252,000
$ 1,143, 884
1,130,924
24 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (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 long-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 based on the prior fiscal year-end market value.

A spending rate of 3.8% has been approved for year 2022, which resulted in total distributions of approximately $47 million. The distributions represent utilization of accumulated realized gains, which were calculated based on the prior fiscal year-end market value. Consistent with 2022, a spending rate of approximately 3.8% of the prior fiscal year-end market value has been approved for 2023.

Changes in endowment net assets for the year ended June 30, 2022 (in thousands):
2022 2021
With donor
restrictions Total Total
Endowment net assets, beginning of year $ 1,272,232 1,272,232 1,034,439 Total investment return, net (863) (863) 273,039
Contributions 12,561 12,561 28,013
Appropriation of endowment assets for expenditure (47,026) (47,026) (63,259) Endowment net assets, end of year $ 1,236,904
1,236,904 1,272,232
25 (Continued)

(9)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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 $266 million and $321 million in assets under these agreements as of June 30, 2022 and 2021, respectively, which are included in other assets on the consolidated statement of financial position, $43 million and $51 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 $30 million and $33 million for the years ended June 30, 2022 and 2021, respectively, of which $8 million is included in other current liabilities for both years, respectively, and $23 million and $25 million for the years ended June 30, 2022 and 2021 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.

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 2022, 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.
26 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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.

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. Plans can vary from Medicare Advantage, Part D Prescription Drug, and Medicare Supplement Plans.

The Organization completed an annuity purchase for retirees with benefits of $1,600 per month or less, effective April 13, 2022. A one-time charge under settlement accounting resulted in $266.7 million being recognized based on the annuity purchase and lump sums paid through June 2022.

The fiscal year 2022 expense was remeasured on April 30, 2022 to reflect the settlement and economic conditions at that time.

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, 2022 and 2021 (in thousands):

Pension benefits Postretirement benefits
2022 2021 2022 2021
Changes in benefit obligations:

Benefit obligations at beginning
of year $ 2,387,498 2,514,380 54,346 57,503
Service cost 21 24 11 15
Interest cost 75,128 80,700 1,416 1,445
Plan amendment — — —
Actuarial (gain) (345,653) (25,924) (9,552) (1,101)
Benefits paid (108,136) (181,762) (3,429) (3,516)
Annuity purchase and
reimbursements from
insurance carriers 5 80 — —
Settlements (787, 316)
Benefit obligations at end of year $ 1,221,547 2,387,498 42,792 54,346 27 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) Pension benefits Postretirement benefits
2022 2021 2022 2021
Changes in plan assets:

Fair value of plan assets at
beginning of year $ 2,270,796 2,412,180
Actual return on plan assets (291,827) 25,298
Employer contributions 205,000 15,000
Benefits paid (108,136) (181,762)
Annuity purchase and
reimbursements from
insurance carriers 5 80
Settlements (787, 316)
Fair value of plan assets at end
of year 1,288,522 2,270,796
Funded status -accrued
benefit costs
$ 66,975 (116,702) (42,792) (54,346)
Pension -related changes other than net periodic benefit cost for 2022:

Pension Postretirement
benefits benefits
Total
Prior service benefit $ (2,727) — (2,727)
Amortized net loss (gain) 23,282 (985) 22,297
Net actuarial loss 10,127 12,538 22,665
Net settlement loss 266,744 — 266,744
$ 297,426 11,553 308,979
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 loss (gain) 28,572 (747) 27,825
Net actuarial (gain) loss (44,697) 3,903 (40,794)
$ (18,852) 3,156 (15,696)
28 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) Items not yet recognized as a component of net periodic benefit cost for 2022:

Unrecognized prior service credit
Unrecognized net actuarial loss
Pension Postretirement
benefits benefits
Total
$ (12,879) (12,879)
449,410 17,084 466,494
$ 436,531 17,084 453,615
Items not yet recognized as a component of net periodic benefit cost for 2021:

Unrecognized prior service credit
Unrecognized net actuarial loss
Pension Postretirement
benefits benefits
Total
$ (15,606) — (15,606)
749,562 8,517 758,079
$ 733,956 8,517 742,473
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) 23,282 (985) 22,297
$ 20,555 (985) 19,570
The accumulated benefit obligation for the pension plan was approximately $1.2 billion and $2.4 billion as of June 30, 2022 and 2021, respectively.

The weighted average assumptions used to determine benefit obligations for 2022 and 2021 were as follows:

Discount rate
Pension benefits Postretirement benefits
2022 2021 2022 2021

5.26 % 3.42

4.90% 2.70%
29 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) The weighted average assumptions used to determine net benefit cost for 2022 and 2021 were as follows:

Pension benefits Postretirement benefits
2022 2021 2022 2021
Discount rate 3.42 % 3.37
Expected return on plan
assets 2.30 % 4.75 %

2.70 % 2.60 %
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 years 2022 and 2021 respectively. For both years the rate was assumed to decrease gradually to 4.5% through 2031 and remain at that level thereafter.

The components of net periodic benefit cost (credit) for the years ended June 30, 2022 and 2021 were as follows (in thousands):

Pension benefits Postretirement benefits
2022 2021 2022 2021
Service cost $ 21 24 11 16
Interest cost 75,128 80,700 1,416 1,445
Expected return on plan
assets (43,699) (95,919) — —
Amortization of prior service credit (2,727) (2,727)
Net amortization loss (gain) 23,282 28,572 (985) (747)
Settlement loss 266,743 — — —
Net periodic
benefit cost $ 318,748
10,650
442 714
There is no minimum funding requirement for the pension plan during the year ended June 30, 2022. 30 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid, as of June 30, (in thousands):

Pension Postretirement
benefits benefits
2023 $ 156,691 3,837
2024 95,360 3,700
2025 95,346 3,616
2026 97,937 3,548
2027 92,539 3,462
2028-2032 427,989 15,998
$ 965,862
34,161
The Organization has investment guidelines for the Retirement System (the Plan) assets. The overall objective is to ensure the Plan's assets appropriately hedge the liability risks, 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 long-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, 2022 and 2021:

Cash and short-term investments
Fixed income
Marketable and nonmarketable alternative funds
Pension assets
2022 2021
64 %
36 49 %
41 10
100% 100%
The Plan's assets were within authorized asset allocation ranges at June 30, 2022 and 2021. 31 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) The following table represents pension plan assets that are measured at fair value on a recurring basis at June 30, 2022 (in thousands):

June 30, Measured at
2022 Level 1 Level 2 Level 3 NAV(')
U.S. government and sovereign
securities $ 480,894 480,894 —
Hedge funds 2,460 — 2,460
Private equity and debt 2,184 2,184
Derivative contracts (29,996) (290) (29,706) —
Cash and cash equivalents 832,981 4,125 828,856
Total plan assets $ 1,288,523
3,835 1,280,044 4,644
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 Level2 Level NAV(1)
U.S. government and sovereign
securities $ 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 $ 2,270,796 18,200
2,035,362 217,234
(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.

The Organization had no reportable Level 3 transactions for its defined -benefit plan for both fiscal years ended June 30, 2022 and 2021, 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 and credit risk 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 32 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) liability valuations shift with rates. Hedging looks to reduce that risk. During the fiscal year ended June 30, 2022, 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.

The following table lists the notional/contractual amount of derivatives by contract type included in pension plan assets at June 30, 2022 and 2021 (in thousands):

Derivative type
Treasury contracts
Interest rate contracts
Credit default swaps
Equity contracts
2022 2021
$ 2,121, 542
(81,494)
2,710,000
1,410,025
550,479
225,851
2,150, 000
The following table lists fair value of derivatives by contract type included in pension plan assets as of June 30, 2022 and 2021 (in thousands):

Derivative type
Derivative assets Derivative liabilities
2022 2021 2022 2021
Treasury contracts $ 3,733 14,198 (39,598)
Interest rate contracts — 9,578 (290)
Credit default swaps — 54,530 (1,558)
Equity contracts 24,972 — (17,255)
Fair value of derivatives
included in
investments $ 28,705
78,306
(841)
(58, 701) (841)
33 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) 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, 2022 and 2021 (in thousands):

Derivative type
Treasury contracts
Interest rate contracts
Credit default swaps
Equity contracts
Total
Change in
Realized gains/(losses) unrealized gains/(losses)
2022 2021 2022 2021
$ (128,906)
36,902
(14,923)
(19,343)
(47,190)
(15,493)
3,188
(50,063) 19,091
(9,027) 4,525
(44,434) 5,041
7,717
$ (126,270) (59,495) (95,807) 28,657
For the valuation of the Plan's derivative contracts at June 30, 2022, 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 $34 million and $32 million in Red Cross employer contributions to the Savings Plan in 2022 and 2021, 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, 2022 and 2021 and the total cost of the program approximates the 30-day LIBOR plus 1 %. At June 30, 2022 and 2021, the amount of outstanding borrowings under the securitization program was $123 million and $125 million, respectively, and is included in other current liabilities on the statement of financial position.
34 (Continued)

THE AMERICAN NATIONAL RED CROSS
Notes to Consolidated Financial Statements
June 30, 2022
(With summarized information for the year ended June 30, 2021) (12) Commitments and Contingencies
(a) Litigation
The Organization is a party to various litigation, investigations and regulatory inquiries incidental to its operations. In the opinion of management, the ultimate resolution of these matters will not have a materially adverse effect on the Organization's financial position or future results of operations. (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 26, 2022.
35 March 27, 2023
City of Pismo Beach
760 Mattie Road
Pismo Beach, CA 93449
Dear Ms. France:

AL
assistance league°
San Luis Obispo County
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 $3,200.

This request is for the City of Pismo Beach to consider funding a grant for $3,500 for the 2023-24 school year. The funds would provide new school -appropriate clothing to 20 students in need in grades Kindergarten -12'h who attend school in the greater Pismo Beach area.

In the 2023-24 school year, we are budgeted to clothe 2,200 Kindergarten — 12'h grade underserved 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 110 members who during the 2021-22 fiscal year volunteered 20,449 hours. The U.S. Department of Labor has given those hours a dollar value of $607,744. 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, trained and are required to complete background checks. 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 - 12'h grade students to be clothed in each school. From this data we have learned that 49% of the students in our County are living at or below the Federal Poverty Level. That number equates to more than 16,000 students.

The students are provided a retail shopping experience at Kohl's in Paso Robles, or Old Navy in San Luis Obispo. The students are met by our volunteers at the stores and assisted with their shopping. Our volunteers work closely with the staff of Kohl's and Old Navy to schedule shopping dates and times for students. Each K - 5'h grade student is allotted $150 in shopping credit, and each 6th - 12'h grade student is allotted $200. This is an increase from $120 to $150 for K — 5th grade students for the 2023-24 school year. The cost of clothing continues to rise. The retail stores provide corporate and local store discounts and recognize our tax-exempt status. This allows students to purchase approximately $175 to $250 respectively, worth of new clothing and shoes.

Clothing for these older students is more expensive. This age student often prefers brand name clothing which are valued by students on their campuses. Reality dictates that we must acknowledge this bias. Therefore, last year we increased the amount spent on the 6'h - 12'h grade 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
March 27, 2023
students from $150 to $200. It is our desire that students have enough purchasing power for a complete school wardrobe.

Operation School Bell®, our primary philanthropic program, was adopted in 1995. Since then, our organization has provided school -appropriate clothing to more than 36,000 students from low- income families in the County. In 1995, we provided clothing to 100 disadvantaged children in grades K - 6m grade. This school year we have provided clothing for 2,373 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 with 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.

In the San Luis Obispo County Schools Annual Education Report 2014, it states that students living in poverty are 20% to 55% lower in academic achievement than students who are not. This statistic is still valid and defining. When impoverished students walk onto their school campus, they are already at a disadvantage because of circumstances they cannot control. That is a loss most importantly to the students, but also to the community in which we all live, work and learn.

Under resourced and homeless students are at a huge disadvantage in getting the full benefit of the education available to them. The dynamics of impoverished, homeless families are destructive elements in students' lives. The daily and unrelenting instability in the life of a homeless child can be partially ameliorated by appropriate school clothing. It can make the child's school day a safe, normal and nourishing place. The most recent data collected by the California Department of Education in October of 2022 reports that the end -of -the year homeless student total for 2021-22 was 2,764 students of the more than 32,000 students in San Luis Obispo County. Of that number more than 1,110 students were in the Lucia Mar Unified School District. It is the district with the most homeless students by a factor of two. Many of our school districts have departments that specifically address homeless students and their many issues. We know that many of the students we clothed are referred by these school district personnel.

We believe our goal in clothing homeless students aligns with the City of Pismo Beach's "'Goal Statement: Build on the strength of our local community to preserve the City's "Classic California" charm and ensure an exceptional quality of life for our residents. Priorities: Deliver exceptional services to the public."' We feel certain Operation School Bell helps sustain the "character and quality of life for the residents." Having a student population that attends school regularly, enables 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.

City of Pismo Beach
Page Three
March 27, 2023
Corresponding directly to the City of Pismo Beach's "Goal Statement: Support regional efforts to address housing needs and homelessness. Priorities: Support and participate in regional efforts in a collaborative manner," Operation School Bell is the best example of a collaborative effort between Assistance League, all K — 12th grade schools County -wide, the department stores of Kohl's and Old Navy, and the grantors and donors who support this program. It is a positive way to foster students' academic and social success in school. Students who fail in school challenge the resources of their family and community. Students who succeed in school become contributing members of their community.

In March of 2023, 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.

83.7% reported students' participation in Operation School Bell had a positive effect on classroom behavior,

65.4% reported students' participation in Operation School Bell had a positive effect on student confidence,

98.2 % reported that Operation School Bell serves a high priority need in their school.

Enclosed is our 2021-2022 Annual Report which provides additional details about our accomplishments. We are especially proud that 88% of Assistance League's expenses went directly to program services.

Our goal for the 2022-22 3chool year was to clothe 2,200 underserved students who live in and attend school in the County. Of this total, 775 students (K-12tI grade) from the Lucia Mar Unified School District participated in our program. The dollar amount to clothe those students was $90,690.

A $3,500 grant from the City of Pismo Beach will allow us to clothe ten K - 5th grade students and ten 6`" - 12`" 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 affects their social and academic performance. Your funding will make a difference in the lives of these underserved students.

CinrarPly
Judy .Jimenez
President
Attachments: 2021-2022 Annual Report
2021-2022 Reviewed Financial Statement
3 Assistance League®
4kIJ of San Luis Obispo County
..1
assistance league2021 2022 ANNUAL REPORT

assistance league"
San Luis Obispo County
Program Services
and Chapter Accomplishments
Assistance League® is a national 501(c)(3) nonprofit, non -political, non-sectarian, public benefit corporation. The San Luis Obispo County chapter was chartered in 1996 and is an all -volunteer organization with no paid staff. • Raised $654,363 in the fiscal year 2021-22 to return to the community. • A total of 2,027 students/children were clothed through Operation School Bell®.
• Provided new, school -appropriate clothing to 1,990 kindergarten through 12th-grade students in need, living and attending school in all 10 school districts in San Luis Obispo County through Operation School Bell.

Also, provided to the 1,990 Kindergarten through 12th-grade students was 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. • Assistance League collaborates with school districts and social service agencies to assist families and their children in emergency situations, e.g. abuse and fires, by providing the services of Operation School Bell. There were 37 of these children in need who were provided new clothing; they were clothed in the same process as Operation School Bell students and also received a grade -appropriate book, school supplies and dental hygiene supplies. • Our member volunteers donated 20,449 service hours with an IRS value of $607,744 determined by the U.S Department of Labor's Bureau of Labor Statistics.
• The chapter maintained its Candid (formerly GuideStar) Platinum Participant status.

Fundraising
All funds stay within our County to support our programs. • Thrift Store $255,144
• Contributions and Grants $117,029
• "Warm Your Heart ... Clothe a Child" direct mailer $121,094 Assistance League® Thrift Store
Our Thrift Store at 667 A Marsh Street, San Luis Obispo, California, has completed its seventh 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. Our careful planning and professional business practices over 26 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.
2022-23 Board of Directors
Judy Jimenez
President
Bonnie Long
President -Elect
Cheryl Quilici
VP Membership
Chris Pontius
VP Philanthropic Programs
Lynn Ogden
VP Resource Development
Nancy Winkenbach
VP Marketing and Communications
Jo Anne Painter
VP Strategic Planning
Sue Pino
Thrift Store Operations Manager
Marylyn Hoffman
Recording Secretary
Carol Dobrzensky
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
and 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
Mary Verdin, President, Verdin

Friends of Assistance League of San Luis Obispo County...

A sincere thank you to the following individuals and organizations who have donated $250 or more through their grants and donations during our 2021-22 fiscal year.

Charlene and John Ables
Frances Anacleto
Susan and Craig Armstrong
Linda Asprion
Russell Banner
Ray Johnson and Jan Baum
Melanie Bedwell
Anne and Chet Boyd
Carolyn and James Brescia
Mary Brooks
Linda Brownson
Fred Buenrostro
Cindy Cantrell
Michele Cantrell
Peggi and Jeff Carscaden
Ani and Monico Casillas
Sharon and Jim Chernoff
Susan and Jim Claypool
Joan Collier
Diane Cotter
Donna and Fred Cummings
Chris Daman
Sharon and Eric Darnton
Diane and Thomas Dixon
Carol and Michael
Dobrzensky
Joyce and Arthur Duarte
Linda and Bill Dugan
Eric Edelson
Dalene Eimon
Linda and John Falkenstien
Vicki Fesler
First National Book Bank
Five Cities Community
Service Foundation
Bernice Flood
Candace and Bert Forbes
Hallie and Grant Fraysier
Sharon and Bob Fredricks
The Gap
Bob Garrett
Jacqueline Ghosin
Karen and Jack Gould
Laura and Ken Green
JoAnne and Neil Grossman
Nancy and Chet Grove
Marge and Jim Harris
Kathie and Ken Hendricks
Marylyn Hoffman
Carol and Richard
Hungerford
Jan Hutchinson
International Brotherhood
of Electrical Workers
Local 639
Judy Jimenez
Al Jimenez Memorial
Marc Johnston
Sally Junge Memorial
Jocalyn Keegan
Barbara and Don Kidd
Isabel and Ralph Kirsch
Janet and Larry Koznek
Cindy and Ken Krafthefer
Susan Lawson
Carol Lawton
Susie and Ben Lerner
Bonnie and Mike Long
Maureen and Roy Luebbers
Kathleen Maas
Diane Mandala
Maureen and Stan Marquis
Sharla and Gary Mattevi
Pat and Ben McAdams
Sheri McGuire-Huerta
Vita and Michael Miller
Kent Morrison
Karin and Tom Morris
Kim and John Mullen
Brian Nath and Dolores Ross
family
David Nath Memorial
Jo Anne Painter
Terese and Brent Parker
Roberta Parsons
Barbara and Carl Peck
Sue and Ron Pino
Dela Pino
Christine and Steve Pontius
Cheryl and David Quilici
Linda Rawlings
Kitty and Kevin Rice
Helen and Garry Robertson
Mitzi Robinson
Julie and Rick Rodewald
Cleo Schiff
Lynn Shaw
Robyn and Mark Shoffner
Ian Smalley
Charron Sparks
Meredith Takken
Tolosa Children's Dental
Center
Stephen Urbani
Vanessa and Richard Veen
Jason Viloria
Debra and Bob Wacker
Lynn and Randy Walti
Diana and Jim Weirick
Stephen Peterson
and Karen Willer
Nancy and Jerry Winkenbach
Paula and Paul Worsham
Naomi Yamagata
Sharon and Dick Zeches
Local Dentists' Donations
for Operation Dental Kit
Beck Family Dentistry
Ron Brunick, DDS, Inc.

Copp Dental Group
Hiltbrand and Krueckel, DDS
Kurt M. Leavitt, DDS
Edward Montoya, DMD
Grants
American Legion Auxiliary
Cambria Unit #432
Bank of the Sierra
Cambria Community Council
Central Coast Funds for
Children
City of Arroyo Grande
County of San Luis Obispo
Country Coast Classic Inc.

Mechanics Bank
Rotary Club of Morro Bay
Rotary Club of San Luis
Obispo de Tolosa
The Community Foundation
San Luis Obispo County
San Luis Obispo United
Methodist Church
Smart & Final Charitable
Foundation
Talley Fund for Vineyard
and Farm Workers
Unitarian Universalist
Fellowship
Financial Summary -Assistance League of San Luis Obispo County for the Fiscal Year Ended May 31, 2022

STATEMENT OF FINANCIAL POSITION
ASSETS
Cash and Cash Equivalents
Other Current Assets
Other Assets

TOTAL ASSETS

SUPPORT AND REVENUE
Net Revenue from Thrift Store
Net Revenue from Special Events
Grants and Contributions
Membership
Investment Return

TOTAL SUPPORT AND REVENUI
May 31, 2022 May 31, 2021
$ 464,480 $
214,830
18,543
May 31, 2022

LIABILITIES AND NET ASSETS
425,634 Total Liabilities $
164,759 Net Assets
15,401 TOTAL LIABILITIES AND
$ 697,853 $ 605,794
$ 255,144
121,094
117,029
7,702
203
687,833
May 31, 2021
10,020 $ 37,059
568,735
NET ASSETS $ 697,853 $

EXPENSES
$ 184,672 Program Services:
97,136 Operation School Bell
148,327 Operation School Supplies
9,029 Operation Bookshelf
92 501,172
439,256 Total Program Expenses
- Program Services
Management & General
Membership
Supporting Services
Fundraising
Management and General
Membership Development
Total Supporting Services

TOTAL EXPENSES

CHANGE IN NET ASSETS
NET ASSETS at prior year end
NET ASSETS - End of the year
605,794
298,285 245,473
10,679 9,563
29,162 17,499
338,126 272,535
32,919 34,109
11,029 11,142
43,948 45,251
382,074 317,786
119,098 121,470
568,735 447,265
$ 687,833 $ 568,735

AL
assistance league`
San Luis Obispo County
P.O. Box 14260
San Luis Obispo, California 93406
www.alslocounty.org
President's Message
Dear Friends,
On behalf of the Board of Directors
and members of Assistance League® of
San Luis Obispo County, I am pleased
to present our 2021-2022 Annual
Report.

Our very successful Thrift Store, in
its seventh year of operation, remained
open, despite strict precautions.

The monthly sales reports were
unprecedented, the Grants and Donor
Development Committee surpassed
their goals, and our "Warm Your
Heart...Clothe a Child" Campaign was
record -breaking.

Our Operation School Bell®
Program in North and South counties
provided clothing, a tote filled with
school supplies, a grade -appropriate
book and a dental kit to more than
2,000 underserved students in our
County.

Our goal this fiscal year is to
provide clothing to more than 2,200
underserved students. We also have
been able to increase the dollar amount
of the clothing budget for the 6th-
through 12th-grade students. We hope
to increase the dollar amount for the
K- through 5th-grade students next
fiscal year.

We are so grateful for the
continued support of our generous
community as we strive to fulfill
our mission to transform the lives
of children and adults through
community programs.

Please visit our website, www.
alslocounty.org, for more information
about our chapter.

Ci n r'Ar:w
i uuy Jul LelLCI, 11CJ1uC1LL
Operation School Bell

Assistance League of San Luis
Obispo County
Reviewed Financial Statements
May 31, 2022 and 2021

Assistance League of San Luis Obispo County
May 31, 2022 and 2021

CONTENTS
Financial Statements
Independent Accountant's Review Report
Comparative Statement of Financial Position
Comparative Statement of Activities and Changes in Net Assets Comparative Statement of Cash Flows
Comparative Statement of Functional Expenses
Notes to the Financial Statements
Page
1 3
4 6
7 9

Kenneth J Filipponi

CERTIFIED PUBLIC ACCOUNTANT
Independent Accountant's Review Report
To the Board of Directors
Assistance League of San Luis Obispo County
San Luis Obispo, California
I have reviewed the accompanying comparative financial statements of Assistance League of San Luis Obispo County (a nonprofit organization), which comprise the statement of financial position as of May 31, 2022 and 2021 and the related statements of activities and changes in net assets, functional expenses and cash flows for the years 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 management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, I do not express such an opinion.

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.

Accountant's Responsibility
My responsibility is to conduct the review engagements 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 me to perform procedures to obtain limited assurance as a basis for reporting whether I am 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. I believe that the results of my procedures provide a reasonable basis for my conclusion.
(805) 461-4970
1 Post Office Box 420 Atascadero, CA 93423

Independent Accountant's Review Report
Accountant's Conclusion
Based on my reviews, I am not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in accordance with accounting principles generally accepted in the United States of America.

Kenneth J Filipponi CPA
Certified Public Accountant
August 10, 2022
2 Assistance League of San Luis Obispo County
Statement of Financial Position
May 31, 2022 With Comparative Totals for 2021
Note 2022 2021
Assets
Current Assets
Cash and cash equivalents 1.e.2. $ 464,480 $ 425,634
Accounts receivable 1.f. 3,000
Inventories 1.h.3. 214,830 164,759
Prepaid expenses 7,544 5,916
Total Current Assets
689,854 596,309
Property and equipment, net
Deposits

4. 2,872 4,358
5,127 5,127
Total Assets $ 697,853 $ 605,794
Liabilities and Net Assets
Current Liabilities
Accounts payable $ 644 $ 2,799
Sales tax payable 2,508 3,294
Deferred revenue 5. 6,868 30,966
Total Current Liabilities
10,020 37,059
Net Assets
Without Donor Restrictions 687,833 565,400
Contributed and other surplus 3,335
Total Net Assets
Total Liabilities and Net Assets
687,833 568,735
$ 697,853 $ 605,794
See accompanying notes and independent accountant's review report. 3 Assistance League of San Luis Obispo County
Statement of Activities and Changes in Net Assets
For the Year Ended May 31, 2022 With Comparative Totals for 2021 Year Ended May 31, 2022 2021
Without
Donor With Donor
Restrictions Restrictions Total
Revenue, gains and other support
Fundraising:

Thrift Shop Revenue:

Contributions of merchandise
Sales of donated merchandise
Less: Value of merchandise sold
$ 408,335 $
339,432
(339,432)
$ 408,335 $ 331,107
339,432 288,353
(339,432) (288,353)
Net revenue from thrift shop 408,335 408,335 331,107
Fundraising and special events
Revenue 124,124 124,124 100,281
Less Direct costs (3,030) (3,030) (3,145)
Net revenue from fundraising events and
activities 121,094 121,094 97,136
Revenue:

Membership, net of direct expenses of $1,546 for
May 31, 2022 and $974 for May 31, 2021
Investment income
Contributions and grants
7,702 7,702 9,029
203 203 92
117,029 117,029 148,327
Total Revenue 124,934 124,934 157,448
Net assets released from restrictions:

Satisfaction of program restrictions
3,335 (3,335)
Total net assets released from restrictions
3,335 (3,335)
Total revenues, gains and other support
657,698 (3,335) 654,363 585,691
See accompanying notes and independent accountant's review report. 4 Assistance League of San Luis Obispo County
Statement of Activities and Changes in Net Assets
For the Year Ended May 31, 2022 With Comparative Totals for 2021 Year Ended May 31, 2022 2021
Without
Donor With Donor
Restrictions Restrictions Total
Expenses
Program services:

Operation School Bell
Operation Bookshelf
Operation School Supply/Dental Kit
298,285
29,162
10,679
298,285
29,162
10,679
245,473
17,499
9,563
Total program services 338,126
338,126 272,535
Supporting services:

Thrift Shop
Management and general
Membership development
153,191
32,919
11,029
153,191 146,435
32,919 34,109
11,029 11,142
Total supporting services 197,139
197,139 191,686
Total Expenses
Changes in net assets
535,265
122,433
(3,335)
535,265 464,221
119,098 121,470
Net assets at beginning of year
565,400 3,335 568,735 447,265
Net assets at end of year
$ 687,833 $ $ 687,833 $ 568,735
See accompanying notes and independent accountant's review report. 5 Assistance League of San Luis Obispo County
Statement of Cash Flows
For the Year Ended May 31, 2022 With Comparative Totals for 2021 Note 2022 2021
CASH FLOWS FROM OPERATING ACTIVITIES:

Changes in net assets $ 119,098 $ 121,470
Depreciation 2,162 3,376
(Increase) decrease in accounts receivable (3,000)
(Increase) decrease in inventories (50,070) (36,155)
(Increase) decrease in prepaid expenses (1,629) 182
Increase (decrease) in accounts payable (2,155) (38)
Increase (decrease) in deferred revenue (24,098) 25,596 Increase (decrease) in sales tax payable (787) 3,294

TOTAL CASH FLOWS FROM OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES:

Purchase of property and equipment

TOTAL CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES:

Net cash increase (decreases) in cash and cash equivalents Cash and cash equivalents at beginning of year
39,521 117,725
(675) (2,509)
(675) (2,509)
38,846 115,216
425,634 310,418
Cash and cash equivalents at end of year $ 464,480 $ 425,634 See accompanying notes and independent accountant's review report. 6 Assistance League of San Luis Obispo County
Statement of Functional Expenses
For the Year Ended May 31, 2022 With Comparative Totals for 2021 Year Ended May 31, 2022
Program Services Supporting Services
Operation Total
School Total Total Expenses
Operation Operation Supply/Dental Program Fundraising Management Membership Supporting Total Year Ended School Bell Bookshelf Kits Services Activities Thrift Shop and General Development Services Expenses May 31, 2021 Program expenses $ 290,951 $ 29,162 $ 10,679 $ 330,792 $ $ $ $ $ $ 330,792 $ 265,752 Occupancy:

Utilities 156 156 6,675 469 156 7,300 7,456 7,318
Repairs and maintenance 3,525 3,525 3,525 3,411
Rent 4,394 4,394 126,861 14,619 5,786 147,266 151,660 138,307 Insurance 2,460 2,460 834 2,841 3,675 6,135 5,444
Storage 1,092
Depreciation 324 324 1,730 108 1,838 2,162 3,376
Professional services 7,323 7,323 7,323 7,015
Public relations and advertising 100 932 1,032 1,032 1,420 Office supplies 3,170 3,170 3,170 2,752
National dues 4,540 4,540 4,540 5,100
National conference and
meetings 279 279 279 2,690
Credit card fees 8,668 8,668 8,668 6,999
Licenses 91
Other 445 154 547 1,146 1,146 4,767
See accompanying notes and independent accountant's review report.

Assistance League of San Luis Obispo County
Statement of Functional Expenses
For the Year Ended May 31, 2022 With Comparative Totals for 2021 Year Ended May 31, 2022
Program Services Supporting Services
Operation Total
School Total Total Expenses
Operation Operation Supply/Dental Program Fundraising Management Membership Supporting Total Year Ended School Bell Bookshelf Kits Services Activities Thrift Shop and General Development Services Expenses May 31, 2021 Supplies 3,030 4,353 3,024 10,407 10,407
11,832
291,275
29,162 10,679 338,126 3,030 153,191
32,919 11,029 200,169 538,295 467,366
Less expenses included with
revenue on statement of
activities (3,030) (3,030) (3,030) (3,145)
Total expenses per
statement of activities
$ 298,285 $ 29,162 $ 10,679 $ 338,126 $ $ 153,191 $ 32,919 $ 11,029 $ 197,139 $ 535,265 $ 464,221 See accompanying notes and independent accountant's review report.

Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

1. Significant Accounting Policies
a. 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.
* Operation Dental Kit provides a dental hygiene kit for grades kindergarten through 12th in 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.
b. Basis of accounting and preparation
i. 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. ii. Basis of preparation
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. 9 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

1. Significant Accounting Policies
c. 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 chapter's reviewed financial statements for the year ended May 31, 2022, from which the summarized information was derived. d. 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, 2022 and 2021, based on their short maturities and/or the terms available to the chapter in financial markets.
e. 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 long-term purposes are excluded from this definition.
f. Accounts Receivable
i. No allowance required - all collectible
The chapter considers accounts receivable to be fully collectible; accordingly, no allowance for doubtful accounts is required.
10 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

1. Significant Accounting Policies
g. 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.
h. 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, Operation Dental Kit, 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. i. 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.

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.
1•
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 4)
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 2022. 11 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

1. Significant Accounting Policies
1•
Property and equipment
Depreciation expense for May 31, 2022 was $ 2,162 (2021 - $ 3,376). k. Revenue recognition
i. 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. ii. 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. iii. 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. iv. 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.

I. 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.
12 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

1. Significant Accounting Policies
I. Donated Materials, Services and Free Use of Facilities 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, 2022, these volunteers donated approximately 20,449 hours with an estimated value of $607,744. The value was computed using an estimated hourly rate of $29.72, based upon the 12-month average hourly wage "production and nonsupervisory employees on private nonfarm payrolls, seasonally adjusted" (nonagricultural workers in the U.S.) of $25.84 and increasing the amount by $3.88, or 15% to estimate fringe benefits, as of December 31, 2021 as determined by the U.S.

Department of Labor's Bureau of Labor Statistics.
m. Income taxes
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, 2022, the chapter had no substantial uncertain income tax provisions. n. Use of estimates
i. Actual results could differ
The preparation of financial statements in accordance 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 and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and may have impact on future periods. o. Impairment of long lived assets
i. Description of process for evaluation
In the event that facts and circumstances indicate that the chapter's long-lived assets may be impaired, an evaluation of recoverability would be performed. Such an evaluation entails comparing the estimated future undiscounted cash flows associated with the asset to the asset's carrying amount to determine if a write down to market value or discounted cash flow value is required. The chapter considers that no circumstances exist that would require such an evaluation. 13 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

1. Significant Accounting Policies
P.

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.

2. Cash and Cash Equivalents
Cash and cash equivalents consist of the following:
2022 2021
Cash on hand - Thrift Shop $ 200 $ 200
Founders Community - Operating 81,516 54,480
Founders Community - Donor Restricted 3,335
Wells Fargo - Thrift Shop 266,333 226,376
Founders Community- Money Market 116,431 141,243
Totals

3. Inventories
Inventories consist of the following:
$ 464,480 $ 425,634
2022 2021
Retail gift cards, books, school supplies and dental kits for use in the Operation School Bell, Operation School Supply, Operation Dental Kit, and the Operation Bookshelf Programs
Used clothing and household items held for sale at the Thrift Shop $ 104,697 $ 69,419
110,133 95,340
Totals $ 214,830 $ 164,759
14 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

4. Property and equipment
Property and equipment consist of the following:
2022 2021
Accumulated Net Book Net Book
Cost Depreciation Value Value
Property and equipment
Leasehold improvements
$ 17,665 $ (16,168) $ 1,497 $ 2,353
32,486 (31,111) 1,375 2,005
Totals $ 50,151 $ (47,279) $ 2,872 $ 4,358

5. Deferred Revenue
Changes in deferred revenue for the year ended May 31 consists of:
2022
Deferred revenue, beginning of year $ 30,966
Membership dues recognized at beginning of the year (5,620) Recognize Warm Your Heart revenue (25,504)
Increase in membership dues 6,335
Increase in gift card revenue 691
Deferred revenue, end of year
$ 6,868

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 $9,835. The total rent expense for the year ended May 31, 2022 was $151,660.
15 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021 a. Operating lease minimum payments by period
The chapter has entered into lease and operating agreements with minimum aggregate annual payments for the next five years as follows:
2023 $ 122,745
Total $ 122,745

7. Net Assets
At May 31, 2022, net assets were restricted by donors or designated by the chapter as follows:

Net assets without donor restrictions:

Undesignated $ 687,833
Total Net Assets $ 687,833

8. Liquid Resource Management
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, 2022.

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.

As of May 31, 2022, 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
Accounts receivable
$ 464,480
3,000
Financial assets available for general expenditures over next 12-months $ 467,480 16 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

9. Fundraising Events and Activities
a. 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, 2022, are as follows:

Cost of Direct
Benefits to
Event Revenue Attendees Other Direct Costs Net Revenue
Warm Your Heart
$ 124,124 $ $ (3,030) $ 121,094
Totals
$ 124,124 $ $ (3,030) $ 121,094

10. Noncash Contributions
During the year ended May 31, 2022, 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:

Operating supplies $ 55,857
Total noncash contributions $ 55,857

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.

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.
17 Assistance League of San Luis Obispo County
Notes to the Financial Statements
For the Year Ended May 31, 2022 With Comparative Totals for 2021

13. Subsequent Events
Assistance League of San Luis Obispo County has evaluated events subsequent to May 31, 2022, to assess the need for potential recognition or disclosures in the financial statements. Such events were evaluated through the report date, 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.
18 VP%
Focused oR AbilIUies
AMPSURF.ORG
April 18th, 2023
PROJECT: Request for Funds
To: The Honorable Mayor of Pismo Beach and City Council Members:

Focused on Abilities TM Since 2003
Association of Amputee Surfers
501(c) (3) Organization
TIN#68-0569858
PO BOX 1034
Pismo Beach, CA 93449
The Association of Amputee Surfers (DBA AmpSurf and the Para Surf League) is a local based non-profit organization established in 2003 to Promote, Inspire, Educate and Rehabilitate (PIERTM) all people with disabilities and their families through adaptive surfing and other outdoor activities.

We are respectfully requesting the City of Pismo beach to help us accomplish our mission by making a $15,000 donation to help the Disabled Veterans, First Responders, and other civilian adults and children living with disabilities we serve, 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 we have 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 we were able to share the healing power of the ocean with over 730 people through our program here locally, this doesn't include the 180 para surfing athletes we shared our program with here during the 2022 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,
6,
c-x
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
[email protected]

Ampsurf 2023 proposed General Budget
INCOME
Individual Donatiopns
Corp./Org. Donations
Fed Grant
Local Grants (Gov/NonGov)
CFC, Store, Misc. onetime
Total Income

EXPENSES
Operations
$24,020.00
$150,000.00
$205,000.00
$206,400.00
$20,000.00
Daily clinic costs $197,520.00
Contests/Sponsorships/Grants $180,000.00
Para Surf League Events $141,400.00
Sub Total $518,920.00
Administrative
Staff $40,000.00
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 $3,000.00
Sub Total
Total
Expenses
$86,500.00
$605,420.00
$605,420.00

Management Report
Association of Amputee Surfers (DBA AmpSurf/PSL)
For the period ended December 31, 2022
Prepared by
AccAmpSurf
Prepared on
April 18, 2023
For management use only

Table of Contents
Profit and Loss 3
Balance Sheet 7
Statement of Cash Flows 8
2/8

Profit and Loss
January - December 2022
Total
INCOME
CONTRIBUTIONS - UNRESTRICED 4,003.46
Amazon Smiles 69.35
CFC Contributions 576.15
CONTESTS Refunded EXP 47.65
Contributions - other 13,063.00
Discounts/Refunds received 92.34
Donation 235,002.25
Donations thru PayPal 6,308.97
Donations Thru Square 6,547.72
FB Donations 1,415.00
PayPal Giving Fund 1,903.70
Total CONTRIBUTIONS - UNRESTRICED 269,029.59

GRANTS - RESTRICTED FUNDS
Federal Government Grants 75,099.00
Total GRANTS - RESTRICTED FUNDS 75,099.00
MERCHANDISE SALES 7,850.59
Shipping Income 6.70
Total MERCHANDISE SALES 7,857.29

PRGSERV -INC

CLINICS
Surf Clinics
Refund 198.38
Surf Clinic deposit refund -825.82
Total Surf Clinics -627.44
Total CLINICS
Total PRGSERV -INC
Uncategorized Income
Total Income
-627.44
-627.44
3,019.98
354,378.42
GROSS PROF 354,378.42

EXPENSEF

ADMIN & OPERATIONS
Administrative Overhead
Accounting fees
Bank charges
PayPal Charges
Total Bank charges
Business Memberships
Dues & Subscriptions
Insurance - D&O
Insurance - Liability
Legal fees
1,000.00
188.82
158.05
346.87
150.00
1,268.02
2,955.36
541.33
2,965.00
Association of Amputee Surfers (DBA AmpSurf/PSL) 3/8

Total
Licenses & Fees 130.00
Meetings expense 35.34
Misc expenses 2,592.31
Office Supplies 15.07
Postage 174.50
Software Expense 9,066.33
Travel & meetings expenses
Meals 102.03
Travel 15.00
Total Travel & meetings expenses 117.03
Utilities 1,364.17
Utilities -Phone 378.17
Total Utilities 1,742.34
Total Administrative Overhead
Professional fees - other
Total ADMIN & OPERATIONS
FUNDRAISING.

Fundraising Printing & Postage
23,099.50
1,050.00
24,149.50

24.40 Total FUNDRAISING. 24.40
Melio Credit card fee 6.00
Payroll Expenses
Fed - Futa Expense 572.80
Taxes 242.62
Wages 2,176.00
Total Payroll Expenses

PRGSERV - EXP

CLINICS - PRG
Surf Clinic Admin
Surf Clinic Equipment.

Equip rental & maintenance
2,991.42
2,265.00
3,811.40
3,832.01
150.00
Total Surf Clinic Equipment.

Surf Clinic Operations
Surf Clinic Personnel Operations
Surf Clinic Travel
Total CLINICS - PRG

CONTEST - PRG
CONTEST Sponsorship (NonVeteran)

VETPRGS
CA PRG
CA - Admin
CA - Admin Personnel
CA - Oper Personnel
CA - Operations
CA - Supplies
3,982.01
3,994.67
853.10
1,980.02
16,886.20
135,354.54
957.02
399.66
3,491.00
4,668.06
27,168.28
5,637.51
Association of Amputee Surfers (DBA AmpSurf/PSL) 4/8

CA - Travel
Total CA PRG
Contest VA PRG
Contest VA Admin
Contest Operations
Contest Personnel Admin
Contest Personnel Operations
Contest Supplies
Contest Travel
Total Contest VA PRG

INSTR-PRG
Instructor Admin
Instructor Operations
Instructor Personnel Admin
Instructor Personnel Operations
Instructor Supplies
Instructor Travel
Total INSTR-PRG
NE PRG
NE - Admin
NE - Admin Personnel
NE - Oper Personnel
NE - Operations
NE - Supplies
NE - Travel
Total
13,225.06
54,589.57
107.16
25,186.09
191.00
1,432.44
4,223.78
7,575.71
38,716.18

89.30 2,241.62
191.00
1,431.59
1,085.91
3,663.47
8,702.89

91.05 191.00
2,176.83
9,794.26
1,096.91
456.86
Total NE PRG
NY PRG
NY - Admin
NY - Admin Personnel
NY - Equipment
NY - Oper Personnel
NY - Supplies
NY - Travel
NY- Operations
Total NY PRG

PNW PRG
PNW - Admin
PNW - Admin Personnel
PNW - Oper Personnel
PNW - Operations
PNW - Travel
PNW- Supplies
Total PNW PRG
PR PRG
13,806.91

89.30 191.00
281.30
2,176.83
1,463.04
437.86
6,707.77
11,347.10

99.29 191.00
2,176.83
2,937.16
1,651.29
1,909.68
8,965.25
Association of Amputee Surfers (DBA AmpSurf/PSL) 5/8

PR - OPER PERSONNEL

PR - OPERATIONS

PR - SUPPLIES
Total PR PRG
VetSurf PRG
VetSurf - PERS-Admin
VetSurf - Personnel Operations
VetSurf Admin
VetSurf Equipment
VetSurf Operations
VetSurf Supplies
VetSurf Travel
Total
744.39
399.18
3,347.64
4,491.21
188.50
1,842.44
107.04
100.00
6,784.70
5,788.52
2,931.85
Total VetSurf PRG
Total VETPRGS
Total PRGSERV - EXP
Uncategorized Expense

Z -FOR DANA TO ALLOCATE
Program Expenses
PayPal Expenses
17,743.05
158,362.16
311,559.92
2,437.69

89.67 Total Program Expenses 89.67
Total Z -FOR DANA TO ALLOCATE 89.67
Total Uncategorized Expense 2,527.36
Total Expenses 341,258.60
NET OPERATING INCOME 13,119.82

OTHER EXPENSES
Reconciliation Discrepancies 92.86
Total Other Expenses 92.86
NET OTHER INCOME -92.86
NET INCOME $13,026.96
Association of Amputee Surfers (DBA AmpSurf/PSL) 6/8

Balance Sheet
As of December 31, 2022
Total
ASSETS
Current Assets
Bank Accounts
B of A 325076683644 146,723.02
PayPal 17,488.61
SESLOC - Checking - S9 -1,178.95
Venmo 1,872.84
Total Bank Accounts 164,905.52
Accounts Receivable
Accounts Receivable 131,506.43
Total Accounts Receivable
Other Current Assets
Uncategorized Asset
131,506.43
3,644.00
Total Other Current Assets 3,644.00
Total Current Assets 300,055.95
Fixed Assets
Accumulated depreciation -13,633.33
Trailer 11,000.00
Vehicles 7,000.00
Total Fixed Assets 4,366.67
TOTAL ASSETS $304,422.62

LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts payable
1,240.64
Total Accounts Payable
Other Current Liabilities
Payroll Liabilities

CA PIT / SDI

CA SUI / ETT
Federal Taxes (941/944)
Total Payroll Liabilities
1,240.64

0.00 23.94

76.16 332.92
433.02
Total Other Current Liabilities 433.02
Total Current Liabilities 1,673.66
Total Liabilities
Equity
Unrestrict (retained earnings)
Net Income
Total Equity
1,673.66
289,722.00
13,026.96
302,748.96
TOTAL LIABILITIES AND EQUITY $304,422.62
Association of Amputee Surfers (DBA AmpSurf/PSL) 7/8

Statement of Cash Flows
January - December 2022
Total

OPERATING ACTIVITIES
Net Income
Adjustments to reconcile Net Income to Net Cash provided by operations:

Accounts Receivable
Uncategorized Asset
Payroll Liabilities:CA PIT / SDI
Payroll Liabilities:CA SUI / ETT
Payroll Liabilities:Federal Taxes (941/944)
13,026.96
-17,515.00
-3,644.00

23.94 76.16
332.92
Total Adjustments to reconcile Net Income to Net Cash provided by operations: -20,725.98 Net cash provided by operating activities -7,699.02

NET CASH INCREASE FOR PERIOD
Cash at beginning of period

CASH AT END OF PERIOD
-7,699.02
172,604.54
$164,905.52
Association of Amputee Surfers (DBA AmpSurf/PSL) 8/8

CAPSL
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 21, 2023
Pismo Beach City Council
760 Mattie Road
Pismo Beach, CA 93449
Dear City Council Members,
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 2023-2024. CAPSLO's Energy Services' Minor Home Repair Program is requesting $4,200 to provide home repair projects for low- income senior residents of Pismo Beach.

1. Intent of use for the requested funds
CAPSLO operates 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, as well as 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 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 2022, CAPSLO Energy Services provided 63 Pismo Beach households with Energy Services, including 34 Pismo Beach households that received assistance with their utility bills, 21 households that received assistance with minor home repair, and 8 households that received free weatherization services with funding from other sources. These services assist low- income residents with their energy costs.

3. How the requested funds help achieve the Fiscal Year 2023 & 2024 City Goals CAPSLO's Energy Services aligns with the City of Pismo Beach's FY 2023 & 2024 goals of "Public Safety" and "Community Character and Quality of Life for Residents" by making Pismo Beach residents' homes

up to safety codes and more accessible. The Minor Home Repair program brings homes up to health and safety standards and addressing building code violations, constructs and installs handicapped access improvements, and removes architectural barriers. These improvements enable residents to remain independent and in their homes, maintain the longevity and quality of homes, and consequently, local neighborhoods. Clients are first interviewed to assess their needs and can be cross -referred to other CAPSLO programs and resources in the community. 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 very much for your consideration of this request for funding to provide these valuable Energy Services in Pismo Beach.

Sincerely,
UG`
tt&spS-qt.A..

Elizabeth "Biz" Steinberg,
Chief Executive Officer

CAPSL
Community Action Partnership of San Luis Obispo o. Inc. 1030 Southwood Drive, San Luis Obispo, CA
93401 (805) 544-4355 • Fax (805) 549-8388
www.capslo.org
April 21, 2023
Pismo Beach City Council
760 Mattie Road
Pismo Beach, CA 93449
Dear City Council Members,
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 2023-2024. 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 51 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, treatment for abnormal pap tests, and referrals for no cost mammograms. Clients are referred to partner agencies for preventive and other health care needs. These services are fundamental and critical to Pismo Beach's low-income residents' reproductive health.

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 provides services free of charge (the Public Health Department in Grover Beach 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.

Center revenue has decreased in the last three years due to the inability to see large numbers during the pandemic and an over 50% decrease in Federal Title X family planning funds. This decrease is having reverberating effects on the program. During 2022, The Center clinics served 88 unduplicated clients from Pismo Beach in 240 visits. These numbers are considerably lower than pre -pandemic years (down from 146 clients and 268 visits in 2019), but we expect them to increase now that pandemic restrictions have been lifted.

3. How the requested funds help achieve the Fiscal Year 2023 & 2024 City Goals The services The Center provides online with the City of Pismo Beach's FY 2023-2024 goals of "Public Safety" and "Community Character and Quality of Life for Residents" by providing low or no -cost preventive reproductive health and family planning services for Pismo Beach residents. Pregnancy and STI prevention is highly cost-effective, saving local taxpayers' dollars: the CDC reported that STI treatment amounts to over $16 billion in lifetime medical costs (CDC, 2021) and estimates of savings accrued to taxpayers by preventing unintended pregnancies ranges from $4.7 billion to $6.2 billion (NIH, 2011).

Importantly, prevention provides teens with 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.

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 and identities who reside in Pismo Beach in 2023-2024. Funds will also ensure that low-income adults receive adequate health care.

Thank you very much for your consideration of this request to provide vital health care services to residents of Pismo Beach.

Sincerely,
ars,S-ctu
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# 01102B — 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 CAA# 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
Ci xi mtu PunrzC Ac tx3 rANrts
www.ba .cpa
661-324-4971

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
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 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 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.
1 BAKERSFIELD FRESNO STOCKTON
4200Truxtun Avenue, Suite 300 10 River Park Place East, Suite 208 2423 West IAarch Lane, Suite 202 liakerslfeld, CA 93309 Fresno, CA 93720 Stockton, CA 95219 661-324-4971 559-476-3592 209-451-4533
REGISTERED] mMh lhr Prth rr Cmnymnu ArrmrnNr.7 [hrrf{ ++ Mard mid MEMBER of Or Arru.iran 1nAfhrm 1 CrrhfnN Pd hlkAtionrrlonc

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
therdin Nivsli4Ptimr .
,i(e_o_oz,414-ewlet
2 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.

STATEMENT OF FINANCIAL POSITION
MARCH 31, 2021
(WITH COMPARATIVE TOTALS FOR 2020)
ASSETS

CURRENT ASSETS
Cash and Cash Equivalents
Grants and Accounts Receivable
Inventory (Note E)
Prepaid Expenses

TOTAL CURRENT ASSETS
PROPERTY AND EQUIPMENT, Net (Note F)

DEPOSITS

TOTAL ASSETS

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

TOTAL CURRENT LIABILITIES
NOTES PAYABLE (Note H)
NET ASSETS (Note C)

TOTAL LIABILITIES AND NET ASSETS
Without
Donor With Donor
Restrictions Restrictions
$ 4,146,224 $
13,089,794
56,944
146,550
17,439,512
16,603,898
73,684
$ 34,117,094
$ 450,000
95,311
6,015,401
1,935,717
7,189,244
15,685,672
650,734
17,780,688
$ 34,117,094
11,302
11,302
Total All Funds
2021
- $ 4,146,224
13,101,096
56,944
146,550
17,450,814
16,603,898
73,684
2020
$ 3,321,118
9,349,568
63,755
155,211
12,889,652
16,372,994
71,922
$ 11,302 $ 34,128,396 $ 29,334,568
$
$ 450,000
95,311
6,015,401
- 1,935,717
- 7,189,244
$ 650,068
95,311
5,323,123
394,936
4,862,618
15,685,672 11,326,056
650,734 700,317
11,302 17,791,990 17,308,195
$ 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
Without
Donor With Donor
Restrictions Restrictions
$ 59,626,655
24,390,426
5,810,047
1,776,367
377,623
693,874
40,080
3,997,425
$
11,302
8,701 (8,701)
96,721,198 2,601

EXPENDITURES
General Fund 188,922
Community Services Block Grant and
Administration 484,243
Head Start and Early Head Start 20,971,937
Migrant and Seasonal Head Start 36,199,552
State Child Development Programs 9,743,853
Child Care Resource and Referral 15,253,409
Child Care Food Programs 1,485,255
Health and Prevention Services 2,660,502
Housing Support, Sheltering, and
Veterans Services 5,279,050
Energy Conservation Programs 2,472,840
Family Support Services 1,756,787
Total Expenditures 96,496,350

CHANGE IN NET ASSETS

ADJUSTMENTS TO NET ASSETS
Changes in Property, Equipment, and
Other Net Assets
NET ASSETS, Beginning of the Year
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
96,723,799
2020
$ 59,716,247
25,543,770
4,829,048
1,638,853
618,989
821,183
55,400
5,079,923
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
224,848 2,601 227,449 617,745
256,346
17,299,494 8,701
NET ASSETS, End of the Year $ 17,780,688 $ 11,302
See Notes to Financial Statements.
4 256,346
17,308,195
$ 17,791,990
(203,400)
16,893,850
$ 17,308,195

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
CSBG and
General Fund Administration
$
134,511
76,355
9,685
$ 484,243
Head Start Migrant and State Child
and Early Seasonal Development
Head Start Head Start Programs
$ 18,598,728 $ 34,662,271 $
- 5,579 9,705,632
47,429 25,100
- - 37,601
- 63,049
396 12
- - 620
2,325,384 1,443,541
220,551 484,243 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
121,715 2,349 815,660 4,190,044 417,396
- 433,111 1,049,844 180,817 34,855
- 1,574,460 72,852
1,997 232,572 1,068,408 2,255,642 483,519
7,351 92,188 196,979 20,190
18,534 296,873 316,543 754,094 240,240
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
3,230 232,727 77,426 167,316 32,520
- 114,908 453,892 63,275
4,372 228,939 62,504 173,536 35,662
- 28,382 78,849 4,397
21,660 44,017 42,103 89,112 25,066
- - 13,098 23,614
3,402 - -
- - 5,170,689
13,742 (6,253,996) 1,372,715 2,157,884 717,080
188,922 484,243 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
Housing
Child Care Child Care Health and Support, Energy Family Resource and Food Prevention Sheltering, Conservation Support Referral Programs Services and Veterans Programs Services Total All Funds $ - $ 1,485,255 $ 776,091 $ 2,378,019 $ 1,185,928 $ 56,121 $ 59,626,655 12,680,235 - 1,675,169 - 34,931 300,182 24,401,728
2,271,036 305,429 1,783,556 132,577 1,244,921 5,810,047 282,168 15,098 - 42,756 377,623
- 33,229 474,974 1,060,241 10,363 1,776,367
4,320 25,728 518,805 4,100 64,157 693,874
455 4,746 1,355 23,207 13 40,080
14,397 129,868 45,959 38,276 3,997,425
15,252,610
1,485,255 2,835,490 5,286,578 2,486,944 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 line -of -credit, less interest of
$23,600 and $30,023, respectively (650,068) - (650,068) (733,552) Payments made on notes payable, less
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
End of Year
6,100 3,321,118 1,353,217
$ 4,146,224 $ - $ 4,146,224 $ 3,321,118
Supplemental Information
Interest paid $ 55,597 $ 75,412
Non -cash items: in -kind donations received $ 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 long-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 CHST - 9049 $ 1,096
Infant/Toddler CCIP - 9049 7,605
NOTE E — INVENTORY
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 $ 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.

Santos Arrona Head Start Center in Atascadero, CA
Kerman Migrant Center in Kerman, CA
Buena Vista Migrant Center in Lamont, CA
Las Rosas Migrant Center in Wasco, CA
Adele Stern Head Start Center in Nipomo, CA
El Jardin Migrant Center in Santa Ana, CA
Georgia Brown Early Head Start Center in Paso Robles, CA $ 720,000
999,995
32,268
$ 1,752,263
$ 484,328
59,356
261,189
56,229
329,934
1,775,591
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 Earned
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# 90102B
CAA# 01102B
CAA# 90102C
CAA# 01102C
See accompanying note to schedule of expenditures of federal awards. 21 23,342
120,680
10,117
45,056
12,877
36,714

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 19B-5033 LIHEAP Weatherization 4/1/20 - 3/31/21 93.568 20B-2033 257,608 LIHEAP - A16, ECIP, HEAP 4/1/20 - 3/31/21 93.568 20B-2033 323,696 Pass -Through Program From:

California 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 21B-5033 11,099 LIHEAP - A16, ECIP, HEAP 11/1/20 - 3/31/21 93.568 21B-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 Learn 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
Federal
CFDA
Number
Grantor's
Number
Expenditures
or Amounts
Earned
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

81.042

97.024

97.024

14.267

14.267

14.218

14.218

14.218

14.231

14.231

17.805

17.805

64.033

64.033

64.033
17C-4024
086400-001 Phase 36
086400-001 Phase 37
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
See accompanying note to schedule of expenditures of federal awards. 23 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
$ 68,510,431

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 L�+
BROWN

ARMSTRONG
CERTIFIED PUBLIC AcCx)u rnr''i5
www.ba.cpa
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 BAKERSFIELD FRESNO STOCKTON
4200Truxtun Avenue, Suite 300 10 River Park Place East, Suite 208 2423 West March Lane, Suite 202 Bakersfield, CA 93309 Fresno, CA 93720 Stockton, CA 95219 661-324-4971 559-476-3592 209-451-4833
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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
thdten lit4414-11114:011--
26 L�+
BROWN

ARMSTRONG
CERTIFIED PUBLIC AcCx)u rnr''i5
www.ba.cpa
661-324-4971

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.
27 BAKERSFIELD FRESNO STOCKTON
4200Truxtun Avenue, Suite 300 10 River Park Place East, Suite 208 2423 West March Lane, Suite 202 Bakersfield, CA 93309 Fresno, CA 93720 Stockton, CA 95219 661-324-4971 559-476-3592 209-451-4833
A: 1LRF.rr :r rT rhr Pdir Cmnpaxu Ass rangy C7R'rn;(r+1 wwra mrd MLNITLFC o1 the nrummx Ir+Ythrr, ni C.f+7+1rrd PUNIIC A rrrrr. t

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 less 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
tht,071
,.(e,d4,z,n-awi 6veiLitlwxt--
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 30,000

EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
30,000 30,000 30,000
2,222 - 2,222 2,222 2,222
Subtotal Administrative Costs 2,222
Program Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
2,222 2,222 2,222
18,567 - 18,567 18,567 18,567
9,211 - 9,211 9,211 9,211
Subtotal Program Costs 27,778 - 27,778 27,778 27,778
TOTAL EXPENSE 30,000 - 30,000 30,000 30,000

EXCESS (DEFICIENCY) OF

REVENUE OVER EXPENSE
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
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 21F-4039
Actual Budget
1/1/2020 4/1/2020 Total 1/1/2020 Budget vs. 1/1/2021
Through Through Audited Reported through Actual Through 3/31/2020 12/31/2020 Costs Costs 12/31/2020 Variance 3/31/2021 $ 77,989 $ 228,726 $ 306,715 $ 306,715 $ 306,715 $ $ 69,609 77,989 228,726 306,715 306,715 306,715 69,609
5,777 16,942
5,777 16,942
22,719 22,719
22,719 22,719
22,719 5,156
22,719 5,156
42,860 111,191 154,051 154,051 152,276
15,296 37,318 52,614 52,614 54,389
14,056 63,275 77,331 77,331 77,331
(1,775)
1,775
36,509
11,529
16,415
Subtotal Program Costs 72,212 211,784 283,996 283,996 283,996 - 64,453 TOTAL EXPENSE 77,989 228,726 306,715 306,715 306,715 69,609

EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE $ $ $ $ $ $ $
30 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 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
$ 32,000 $ - $ 32,000 $ 32,000 $ 32,000 $
TOTAL REVENUE 32,000

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
32,000 32,000 32,000
2,370 2,370
2,370 2,370
22,020
7,610
22,020
7,610
29,630 29,630
32,000 32,000
31 2,370 2,370
2,370 2,370
22,020 19,931
7,610 9,699
29,630
32,000
29,630
32,000
(2,089)
2,089

COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.

STATEMENT OF REVENUE AND EXPENSE

DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT
CSBG CARES ACT AWARD 3/27/20-5/31/22
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 42,762
Employee Benefits 13,022 13,022 13,022
Operating Expenses 30,604 30,604 30,604
Out -of -State Travel - - -
Subcontractor Services
Other Costs
86,141
28,059
139,705
43,379
15,037
109,101
Subtotal Program Costs 86,388 86,388 86,388 253,905 167,517 TOTAL EXPENSE - 138,403 138,403 138,402 415,964 277,561

EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE $ $ 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

EXPENSE
Administrative Costs
Salaries and Wages
Employee Benefits
Operating Expenses and Equipment
Out -of -State Travel
Subcontractor Services
Other Costs
1,149
Subtotal Administrative Costs 1,149
15,505 15,505
1,149 1,149
1,149 1,149
40,370 24,865
2,990 1,842
2,990 1,842
Program Costs
Salaries and Wages 9,300 9,300 9,300 24,133 14,833
Employee Benefits 5,056 5,056 5,056 11,152 6,096
Operating Expenses and Equipment - - - 2,095 2,095
Out -of -State Travel - -
Subcontractor Services
Other Costs
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 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

REVENUE
Grants and Contracts $ 35,375 $ 3,544,118 $ 51,448 $ 3,495,194 $ 237,060 $ In -Kind Contributions (a) -
TOTAL REVENUE 35,375
3,544,118 51,448
3,495,194 237,060
Total
Head Start and
Early Head Start
- $ 7,363,195
297,290 297,290
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

EXCESS (DEFICIENCY) OF

REVENUE OVER EXPENSE
$
3,544,118 51,448
3,495,194 237,060
297,290 7,660,485
$ - $ - $ $ $ $
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

REVENUE
Grants and Contracts
In -Kind Contributions (a)

TOTAL REVENUE
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
$ 1,530,745 $ 805,155 $ 2,335,900 $ 1,353,773
73,090 9,562 82,652 55,684
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 1,800 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
09C H 011137/01 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 EHS T&TA $ 23,431
CAN# 9-G094121 HST&TA 21,310
CAN# 9-G094122 HS Operations 2,021,191
CAN# 9-G904125 EHS Operations 1,327,083
TOTAL EXPENSE $ 3,393,015
(c) COVID-19 One Time Funding expenditures for CAN 0-G980900 for 7/1/20 through 3/31/21 are $101,253. 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
900M9821 /05 90CM009851/01
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
$ 11,806,596
7,559
732,517
$ 15,427,344
24,365
542,561
12,546,672 15,994,270
$ 27,233,940
31,924
1,275,078
$ 11,836,868
6,326
575,004
28,540,942 12,418,198

EXPENSE
Salaries and Wages 4,419,473 5,869,455 10,288,928 4,461,660 Employee Benefits 1,916,347 2,154,958 4,071,305 1,519,927 Volunteer Services In -Kind 337,593 263,459 601,052 244,050 Service Provider Payments 780,216 1,312,429 2,092,645 805,407 Consultants and Contractual 69,703 68,091 137,794 75,822 Contractual In -Kind 68,068 14,420 82,488 2,652
Materials and Supplies 450,609 962,986 1,413,595 631,816 Travel and Transportation 278,610 81,037 359,647 102,283 Repairs and Maintenance 295,669 426,274 721,943 316,595 Training and Seminars 57,142 134,740 191,882 79,529
Rent 367,735 245,645 613,380 317,412
Space In -Kind 313,532 252,649 566,181 320,394
Utilities and Telephone 190,491 172,397 362,888 212,626 Insurance 1,293 149,225 150,518 -
Capital Purchases 137,945 160,977 298,922 262,195
Human Resources Support 87,300 75,731 163,031 70,022
Medical and Participant Costs 21,457 57,800 79,257 6,733 Postage, Printing, and Other 28,090 31,753 59,843 40,121 Supplies and Food In -Kind 13,324 12,033 25,357 7,908
Delegate Agency Contract 1,994,944 2,608,810 4,603,754 2,249,850 Indirect Expense 717,131 939,401 1,656,532 691,196
TOTAL EXPENSE (b)(c)

EXCESS (DEFICIENCY) OF

REVENUE OVER EXPENSE
12,546,672 15,994,270 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 M 000019/02
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) 2,607,534 2,595,151 5,202,685 2,441,239

EXCESS (DEFICIENCY) OF

REVENUE OVER EXPENSE
$ $ $
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 follows:

CAN# 9-G989128
CAN# 9-G989121
$ 4,854,814
86,829
TOTAL EXPENSE $ 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

REVENUE
Grants and Contracts
In -Kind Contributions
90H M 000010/03 90H M 000010/04
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
$ 697,879 $ 786,809 $ 1,484,688 $ 684,105
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
90H M 000011 /02 90H M 000011 /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
CAN# 0-G984121
CAN# 0-G980900
$ 1,055,000
25,000
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 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 For the Period 7/1/2020-3/31/2021 San Luis Arroyo 4/1/2020 San Luis Arroyo 7/1/2020 Total Obispo Grande Through Obispo Grande Through Clinical
Clinic Clinic 6/30/2020 Clinic Clinic 3/31/2021 Programs

REVENUE
Grants and Contracts $ 248,771 $ 134,304 $ 383,075 $ 662,283 $ 508,007 $ 1,170,290 $ 1,553,365 Participant Support 1,395 639 2,034 5,362 5,756 11,118 13,152 Foundation Revenue - - 15,363 15,363 15,363
Donations 2,746 250 2,996 2,942 1,396 4,338 7,334
Other Revenue - - - - - - -
TOTAL REVENUE 252,912
135,193 388,105
685,950 515,159
1,201,109 1,589,214

EXPENSE
Salaries and Wages 97,982 43,986 141,968 243,499 176,713 420,212 562,180 Employee Benefits 29,371 23,582 52,953 85,003 53,500 138,503 191,456 Consultants and Contractual 1,413 1,413 2,826 6,707 4,339 11,046 13,872 Medical Expenses 49,256 19,831 69,087 122,009 93,156 215,165 284,252 Materials and Supplies 28,455 11,595 40,050 29,527 25,281 54,808 94,858 Travel and Transportation 86 - 86 320 254 574 660
Repairs and Maintenance 7,172 7,499 14,671 19,041 21,096 40,137 54,808 Training and Seminars - -
Rent 532 - 532 1,241 - 1,241 1,773
Utilities and Telephone 3,159 5,055 8,214 14,167 10,719 24,886 33,100 Insurance - - - 19,033 6,143 25,176 25,176
Capital Purchases - - -
Human Resources Support 1,264 744 2,008 2,196 1,780 3,976 5,984 Postage, Printing, and Other 8,563 963 9,526 6,869 5,163 12,032 21,558 Interest and Depreciation 1,353 6,538 7,891 6,386 19,626 26,012 33,903 Indirect Expense 18,180 9,174 27,354 43,969 31,851 75,820 103,174 TOTAL EXPENSE 246,786
130,380 377,166
599,967 449,621
1,049,588 1,426, 754

EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE $ 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 - 21,272 8,643

EXCESS (DEFICIENCY) OF
REVENUE OVER EXPENSE $ $ $ - $
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
2018-CA-358-20
10/1/2019
Through
3/31/2020
4/1/2020
Through
12/31/2020
10/1/2019
Through
12/31/2020
$ 402,638 $ 663,788 $ 1,066,426
402,638 663,788 1,066,426
2018-CA-358-CA
4/1/2020
Through
9/30/2020
$ 571,380
571,380
134,801 133,670 268,471 138,075
45,804 45,489 91,293 41,195
129,793 389,769 519,562 302,528
16,059 6,934 22,993 19,173
15,907 5,409 21,316 7,417
3,111 2,443 5,554 3,071
450 1,125 1,575
20,962 24,272 45,234 12,096
4,507 4,475 8,982 4,607
432 685 1,117 496
987 347 1,334 398
29,825 49,170 78,995 42,324
TOTAL EXPENSE 402,638

EXCESS (DEFICIENCY) OF

REVENUE OVER EXPENSE
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 Variance

REVENUE
Grants and Contracts $ 164,158 $ 23,342 $ 187,500 $ 187,500 $ 187,500 $ 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 266,677 25,894 292,571 292;546 236,375 (56,196)

EXPENSE
Personnel:

Salaries and Wages 78,781 12,595 91,376 90,100 88,000 (3,376) Payroll Taxes 6,754 946 7,700 7,742 7,500 (200)
Employee Benefits 23,265 3,933 27,198 27,088 26,000 (1,198) In -Kind Personnel - - 25,516 - -
Total Personnel 108800 17,474 126,274 150,446 121,500 (4,774) 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
792
792
792 792 2,500 1,708
792 792 2,500 1,708
Other Costs:

Rent 1,730 538 2,268 2,249 2,550 282
Telephone 929 129 1,058 1,040 1,450 392
Utilities 675 77 752 752 850 98
Insurance 1,120 1,120 1,120 1,300 180
Accounting/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 1,175 458 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 - - (102,066)
Total Other Costs 157,085 8,420 165,505 141,308 112,375 (53,130) TOTAL EXPENSE 266,677 25,894 292,571 292,546 236,375 (56,196) Excess (Deficiency) of Revenue
Over Expense $ - $ $ $ - $ - $
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 $ 69,884 $ 10,117 $ 80,001 $ 80,000 $ 80,000 $ (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
53,104 64,604
61,018 7,914
828 828 2,200 1,372
Total Travel and Training 828 828 828 2,200 1,372
Equipment
Expendable
Non -Expendable
In -Kind Equipment
Total Equipment
Consultants:

Consultants
In -Kind Consultants
Total Consultants
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
Vehicle Repairs and Maintenance 253 253 253 600 347
Building Repairs and Maintenance 332 67 399 399 850 451 Equipment Repairs 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 6,940
Indirect/Allocated Costs 5,225 814 6,039 6,039 - (6,039) Other In -Kind 45,294 45,294 (45,294)
Total Other Costs 68,711 4,177 72,888 61,367 37,782 (35,106) TOTAL EXPENSE 115,833 10,987 126,820 126,799 101,000 (25,820) Excess (Deficiency) of Revenue
OverE)pense $ $ $ $ $ $
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 6/30/2020 Costs 7/1/2019-6/30/2020 7/1/2019-6/30/2020 Variance

REVENUE
Grants and Contracts (AAA) $ 51,000 $ 2,877 $ 53,877 $ 53,877 $ 53,877 $ 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 16,882 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 48,450 3,458 51,908 51,908 59,995 8,087 Payroll Taxes 4,151 307 4,458 4,458 5,447 989
Employee Benefits 13,149 1,162 14,311 14,311 19,589 5,278 In -Kind personnel 6,689 - 6,689 6,689 5,600 (1,089)
Total Personnel
72,439 4,927 77,366 77,366 90,631 13,265
Travel and Training:

Staff Travel 414 414 322 300 (114)
In -Kind Staff Travel - - -
Staff Training 50 50 50 138 88
In -Kind Staff Training - - -
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 1,200 631
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 - - - - -
Building 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 - - - 480 480
Memberships/Subscriptions 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 OtherIn-Kind8,135 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 107,138 14,042 121,180 121,180 131,413 10,233 Excess (Deficiency) of Revenue
Over Expense $ - $ $ - $ - $ - $
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 $
$ 10,000 $ 10,000 $ 10,000 $ 10,000 $
10,000 10,000
10,000 10,000

EXPENSE
Personnel:

Salaries and Wages 5,891 5,891 5,891 5,891
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
Printing
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
Over Expense $ $ $ $ $ $
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 $ $ 120,680 $ 120,680 $ 125,000 $ 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
Travel and Training:

Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
388
71,051 79,569
80,122 9,071
388 388 2,000 1,612
Total Travel and Training 388 388 388 2,000 1,612
Equipment
Expendable
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
Memberships/Subscriptions
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 76,265 76,128 (8,655)
TOTAL EXPENSE 156,222 156,222 156,222 158,250 2,028
Excess (Deficiency) of Revenue
Over Expense $ $ $ $ $ $
50 COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.

STATEMENT OF REVENUE AND EXPENSE
AREA AGENCY ON AGING CAA# 01102B - 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 6/30/2021 Costs 7/1/2020-6/30/2021 7/1/2020-6/30/2021 Variance

REVENUE
Grants and Contracts $ 45,056 $ $ 45,056 $ 50,000 $ 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 1,844
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 1,493 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 - -
Equipment Rental
Volunteer Expense -
Taxes and Licenses 400 400
Printing -
Advertising
Memberships/Subscriptions
Outside Services - -
Program Supplies 13,841 13,841 22,846 16,860 3,019
Other Costs 182 182 182 671 489
Indirect/Allocated Costs 3,442 3,442 3,809 3,704 262
Other In -Kind 9,681 9,681 - (9,681)
Total Other Costs 30,448 30,448 30,139 28,280 (2,168)
TOTAL EXPENSE 56,152 56,152 61,096 63,500 7,348
Excess (Deficiency) of Revenue
OverExnense $ $ $ $ $ $
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
3/31/2021 6/30/2021 Costs 7/1/2020-3/31/2021 7/1/2020-6/30/2021 Variance

REVENUE
Grants and Contracts $ 32,991 $ $ 32,991 $ 32,991 $ 59,513 $ 26,522 In -Kind - - -
Program Income 1,100 1,100
Donations -Unrestricted -
TOTAL REVENUE 32,991
32,991 32,991
60,613 27,622

EXPENSE
Personnel:

Salaries and Wages 16,002 16,002 16,002 16,702 700
Payroll Taxes 1,535 1,535 1,535 1,224 (311)
Employee Benefits 4,120 4,120 4,120 3,947 (173)
In -Kind Personnel - - -
Total Personnel 21,657 21,657 21,657 21,873 216
Travel and Training:

Staff Travel
In -Kind Staff Travel
Staff Training
In -Kind Staff Training
146
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 - - -
Office Supplies/Postage 166 166 166 750 584
Vehicle Operations 739 739 739 3,200 2,461
Vehicle Repairs and Maintenance - - 1,425 1,425
Building Repairs and Maintenance 350 350
Equipment Repairs and Maintenance -
Equipment Rental
Volunteer Expense - -
Taxes and Licenses 800 800
Printing 280 280
Advertising -
Memberships/Subscriptions
Outside Services - - -
Program Supplies 7,344 7,344 7,344 23,275 15,931
Other Costs 182 182 182 720 538
Indirect/Allocated Costs 2,443 2,443 2,443 4,490 2,047
Other In -Kind - -
Total Other Costs 11,188 11,188 11,188 37,540 26,352
TOTAL EXPENSE 32,991 32,991 32,991 60,613 27,622
Excess (Deficiency) of Revenue
Over Expense $ $ $ $ $ $
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 4/1/2021 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 6/30/2021 Costs 7/1/2020-6/30/2021 7/1/2020-6/30/2021 Variance

REVENUE
Grants and Contracts $ 1,940 $ $ 1,940 $ 1,940 $ 34,931 $ 32,991 In -Kind - - - - -
Program Income - - - 800 800
Donations -Unrestricted - - -
TOTAL REVENUE 1,940 1,940 1,940 35,731 33,791

EXPENSE
Personnel:

Salaries and Wages 1,006 1,006 1,006 10,006 9,000
Payroll Taxes 81 81 81 848 767
Employee Benefits 136 136 136 2,812 2,676
In -Kind Personnel - - -
Total Personnel 1,223 1,223 1,223 13,666 12,443
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
1,200 1,200
1,200 1,200
Other Costs:

Rent 11 11 11 1,500 1,489
Telephone - - - 275 275
Utilities - - - 300 300
Insurance - - - 600 600
Accounting/Auditing - - -
Office Supplies/Postage 11 11 11 950 939
Vehicle Operations 37 37 37 2,300 2,263
Vehicle Repairs and Maintenance - - - 950 950
Building Repairs and Maintenance - - - 550 550
Equipment Repairs and Maintenance - - -
Equipment Rental - - -
Volunteer Expense - - - - -
Taxes and Licenses - - - 1,000 1,000
Printing - - - 280 280
Advertising - - -
Memberships/Subscriptions - - -
Outside Services - - -
Program Supplies 514 514 514 9,072 8,558
Other Costs - - - 501 501
Indirect/Allocated Costs 144 - 144 144 2,587 2,443
Other In -Kind - -
Total Other Costs 717 717 717 20,865 20,148
TOTAL EXPENSE 1,940 - 1 940 1,940 35,731 33,791
Excess (Deficiency) of Revenue
Over Expense $ - $ - $ - $ - $ - $
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
7/1/2020 4/1/2020 Total Reported
Through Through Audited Expenses Total Budget
3/31/2021 6/30/2021 Costs 7/1/2020-6/30/2021 7/1/2020-6/30/2021 Variance

REVENUE
Grants and Contracts (AAA) $ 34,278 $ - $ 34,278 $ 34,278 $ 51,000 $ 16,722 Grants and Contracts (VA) - - - - - -
Grants and Contracts (CBO) 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 - - - -
Volunteer 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
Over Expense $ - $ - $ - $ $ $
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

REVENUE
Grants and Contracts (AAA)
Grants and Contracts (VA)
Grants and Contracts (CBO)
In -Kind
Donations -Unrestricted
Program Support
Other Revenue (Client Contributions)
1/1/2021 4/1/2021 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 $ 2,436 $ - $ 2,436 $ 2,436 $ 11,140 $ 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
In -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 390 - 390 390 4,000
Indirect/Allocated Costs 180 - 180 180 825
Other In -Kind
1,866 1,866 6,315 4,449
Total Other Costs 570 - 570 570 4,825
TOTAL EXPENSE 2,436 - 2,436 2,436 11,140
3,610
645
4,255
8,704
Excess (Deficiency) of Revenue
Over Expense $ $ - $ $ - $ - $
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 6/30/2020 Costs 6/1/2018-3/31/2020 6/1/2018-6/30/2020 Variance

REVENUE
Grants and Contracts $ 57,598 $ 36,667 $ - $ 94,265 $ 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 $ $ $ - $ $ $ $
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 $
33,608 12,675
41,000 $ 7,392
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
Total

TOTAL EXPENSE
Excess (Deficiency) of Revenue
Over Expense
7,380 7,380
13,022 20,586 33,608 12,675 33,620 12
13,022 20,586 33,608 12,675 33,620 12
13,022 20,586 33,608 12,675 41,000 7,392
$
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 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
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 $ 361,883 $ $ 361,883 $ 358,919 $ 361,883 $
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
361,883 358,919
59 296,744 (14,255)
296,744 (14,255)
361,883 -

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

TOTAL REVENUE

EXPENSE

PROGRAM COSTS
Intake
Outreach
Training
Total

DIRECT PROGRAM COSTS
Direct Program Costs
Total

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
LIHEAP: WEATHERIZATION
FOR PERIOD OCTOBER 1, 2019 THROUGH MARCH 31, 2021
20B - 2033
10/1/2019
Through
3/31/2020
$ 102,160
102,160
8,081
5,947
7,637
21,665
80,495
80,495
102,160
$
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
$ 257,608 $ 359,768 $ 138,169 $
257,608
18,411
12,041
1,297
31,749
225,859
225,859
257,608
$
359,768 138,169
26,492
17,988
8,934
8,679
16,084
8,159
53,414 32,922
306,354 105,247
306,354 105,247
359,768 138,169
$ - $
61 359,768 $
359,768
28,781
17,988
17,988
64,757
295,011
295,011
359,768
2,289
9,054
11,343
(11,343)
(11,343)

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, 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 $ 246,060 $ 323,696 $ 569,756 $ 448,647 $ 569,576 $ (180) 246,060 323,696 569,756 448,647
569,576 (180)

EXPENSE
ASSURANCE 16
Assurance 16 Activities 28,003 44,480 72,483 70,535 72,483

ADMINISTRATIVE COSTS
Administrative Costs 25,794 43,060 68,854 47,404 72,483

PROGRAM SUPPORT COSTS
Intake 26,492 42,832 69,324 58,638 69,324
Outreach 14,386 28,942 43,328 30,998 43,328
Training 1,672 3,172 4,844 3,734 17,331
3,629
12,487
Total 42,550 74,946 117,496 93,370 129,983 12,487

PROGRAM SERVICES COSTS
ECIP Emergency Heating and Cooling Services (EHCS) 149,713 161,210 310,923 237,338 294,627 (16,296) Total 149,713 161,210 310,923 237,338 294,627 (16,296)
TOTAL EXPENSE 246,060 323,696 569,756 448,647 569,576 (180) Excess (Deficiency) of Revenue
Over Expense $ - $ $ $ $ $
62 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 35,216 - 35,216 14,833 35,216

EXPENSE

PROGRAM COSTS
Intake
Outreach
Training
1,984
1,761
1,984 253 2,817
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 (Deficiencv)of Revenue
Over Expense
31,471
31,471 14,390
31,471 14,390
28,877 (2,594)
28,877 (2,594)
35,216 - 35,216 14,833 35,216
63 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
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 $ 167,215 $ - $ 167,215 $ 98,148 $ 183,891 $ 16,676
TOTAL REVENUE 167,215
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 Emergency Heating and Cooling 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 $ - $ 349,090 $ 337,991 Other Revenue

TOTAL REVENUE
11,099 11,099
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

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 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 $ 165,087 $
$ 165,087 $
165,087 165,087
552,787 $ 387,700
552,787 387,700

EXPENSE
ASSURANCE 16
Assurance 16Activities 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

PROGRAM SERVICES COSTS
ECIP Emergency Heating and Cooling Services (EHCS) 135,343 135,343 Total 135,343 135,343
TOTAL EXPENSE 165,087 165,087
Excess (Deficiency) of Revenue
Over Expense $ $ $ $
66 126,208 124,664
286,071
286,071
552,787
150,728
150,728
387,700

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
Total
Migrant
Child Care
Programs
$ 178,398
308,572
823,006
457,791
145,319
172,120
26,398
377,763
162,528
66,099 2,651,895
2,224,415
2,224,415
Total
Center -
Based
Programs
Total
Contracts
$ 118,606 $ 7,390,652
643,635 952,207
1,589,134 3,060,343
1,022,719 1,699,020
408,933 624,345
377,470 715,286
15,285 41,683
317,264
4,493,046
8,061,419
377,763
1,135,485
15, 996, 784
10, 285, 834
8,061,419 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)
Total Expenses Claimed for Reimbursement (c)
Supplemental Expenses
Total Expenditures
AP Programs
Altemative
Payment
CAPP-9053
7/1/20-3/31/21
AP Programs
Alternative
Payment
CAPP-0052
7/1/20-3/31/21
AP Programs
Alt. Payment
Stage 2
C2AP-0047
7/1 /20-3/31 /21
AP Programs
Alt. Payment
Stage 3
C3AP-0046
7/1/20-3/31/21
Total
Alternative
Payment
CDE Contracts
$ 353,676 $ 2,534,550 $ 1,840,802 $ 2,364,620 $ 7,093,648 32,440
7,469
164
1,859
31,649
202,904
46,934
22,395
38,109
168,618
72,483
23,161
46,524
227,591 172,127
427,257 3,072,483 2,323,715
121,938 525,900
44,707 171,593
4,649 50,369
25,172 111,664
204,887 636,254
2,765,973 8,589,428
$ 427,257 $ 3,072,483 $ 2,323,715 $ 2,765,973 $ 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 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 goveming 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) 1,536 146
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
13,928
3,825
124
1,324
1,816
Total Expenses Claimed for Reimbursement (c) 20,737 1,962 Supplemental Expenses -
Total Expenditures $ 20,737 $ 1,962
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. 16,797
8,874
4,126
10,388
3,215
43,400
$ 43,400
CCRC Other
Local Childcare
Planning Council
CLPC-0039
7/1 /20-3/31 /21
Total
CCRC
Other
CDE Contracts
- $
30,725
12,699
4,250
13,528
4,897
66,099
$ 66,099
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
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
$ 161,713 $ - $ 16,685 $ - $ 178,398
97,863 73,490 89,849 47,370 308,572
286,114 19,402 396,550 120,940 823,006
153,574 38,343 186,921 78,953 457,791
51,959 974 86,134 6,252 145,319
64,954 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 664,024
Supplemental Expenses - CACFP
Total Supplemental Expenses 664,024
1,560,391 2,224,415
1,560,391 2,224,415
Total Expenditures $ 1,544,516 $ 151,898 $ 2,897,776 $ 282,120 $ 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
State
Preschool
CSPP-0525
7/1/20-3/31/21
$
499,630
1,098,857
779,109
305,364
302,683
15,285
90,337 226,927
1,265,191 3,227,855
3,097,925 4,963,494
Total Supplemental Expenses 3,097,925
Total
Center -Based
and FCC
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
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 �I
�•�1 .. /

DIVERSITY COALITIO
N
Sr,iALUIS OBISPO COUNTY
Dear Pismo Beach City Council,
The Diversity Coalition's mission is to build and sustain a coalition that seeks a more diverse, equitable, and inclusive community through advocacy and education.

We share the City of Pismo Beach's vision to provide a safe place for all, and our program supports Goal #1 of the city's strategic plan: Focus on providing resources toward ensuring the safety of the community.

We promote safety and inclusion through our School Speaker program and Fostering Understanding in Our Community community forums. This program is entering its seventh year, reaching over 4,000 local middle and high school students and hundreds of community members annually with guest speakers ranging from Holocaust survivors, African and Asian refugees, and others who have had their lives affected by bias, prejudice, or hate. The program began with the Lucia Mar School District in 2017, expanded to include the San Luis Coastal School District in 2019, and into the North County in the 2022/2023 school year. We work with teachers to pair speakers and curriculum, creating preparation activities, hosting engaging presentations with the speakers, and supporting follow-up activities integrated with the school curriculum. After presenting at schools, speakers attend community forums and panels to engage with the broader public through our Fostering Understanding program.

We request $5,000 in furtherance of our community forums and partnerships with teachers at Judkins Middle School and Arroyo Grande High School to deliver five guest speakers to these schools and the broader community during the 2023/2024 school year. We estimate we will serve over 1000 students at these schools as well as several hundred community members at our Fostering Understanding community forums with world-renowned speakers.

The local need for diversity programming is clear: In 2021 the local Unity Committee, created by the SLO Sheriff's Office, presented a report endorsed by the sheriff that proved beyond a doubt that racism exists locally, hardened into our social, political and economic structures and systems. A 2020 CA Attorney General report ranked SLO County as #1 in hate crimes per capita against Asians, more than twice as prevalent as in any other county in the state. And in 2021, SLO County ranked #1 on the Central Coast for hate crimes with 12 vs. only 5 in more populous Santa Barbara County. Studies conducted by the Community Foundation of SLO County demonstrate the critical need to teach tolerance. Fifty -percent of 11th graders who identified as lesbian, gay, or bisexual reported seriously considering suicide in the past 12 months (2015).

We operate with an eight -person volunteer Board composed of community members with diverse backgrounds and skills who each have specific roles and responsibilities as Board members. This educational program is core to our work as an organization and has the full support of our Board.

Thank you for your time and consideration,
Kendra Paulding
Board Member
Diversity Coalition San Luis Obispo County
P.O. Box 376, Arroyo Grande, CA 93421 I EIN 82-2075135

Board Report
Diversity Coalition of San Luis Obispo County
For the period ended February 28, 2023
fr

DIVERSITY OALITION
SAN 141515 OB I SPO QLFNTV,
Prepared by

CG BOOKKEEPING
Prepared on
March 22, 2023

Table of Contents
Statement of Financial Position - Previous Month Comparison 3 Statement of Financial Position - Year over Year Comparison 4 Statement of Activity - YTD Previous Month Comparison 5 Statement of Activity - YTD Comparison Previous Year Comparison 7 Transaction List For the Previous Month 9
2/11

Statement of Financial Position - Previous Month Comparison As of February 28, 2023
Total
As of Feb 28, 2023 As of Jan 31, 2023 (PP)
ASSETS
Current Assets
Bank Accounts
Coast Hills Credit Union 47,499.74 33,779.22
PayPal 1,624.84 1,524.38
Savings 21.53 21.53
Total Bank Accounts
49,146.11 35,325.13
Total Current Assets

TOTAL ASSETS
49,146.11
$49,146.11
35,325.13
$35,325.13

LIABILITIES AND EQUITY
Liabilities
Total Liabilities
Equity
Opening Balance Equity
Unrestricted Net Assets
Net Revenue
Total Equity

5.00 56,688.69
-7,547.58

5.00 56,688.69
-21,368.56
49,146.11 35,325.13

TOTAL LIABILITIES AND EQUITY
$49,146.11 $35,325.13
Diversity Coalition of San Luis Obispo County 3/11

Statement of Financial Position - Year over Year Comparison As of February 28, 2023
Total
As of Feb 28, 2023 As of Feb 28, 2022 (PY)
ASSETS
Current Assets
Bank Accounts
Coast Hills Credit Union 47,499.74 72,466.89
PayPal 1,624.84
Savings 21.53 5.00
Total Bank Accounts
49,146.11 72,471.89
Total Current Assets
49,146.11 72,471.89

TOTAL ASSETS
$49,146.11 $72,471.89

LIABILITIES AND EQUITY
Liabilities
Total Liabilities
Equity
Opening Balance Equity
Unrestricted Net Assets
Net Revenue
Total Equity

5.00 56,688.69
-7,547.58

5.00 62,602.04
9,864.85
49,146.11 72,471.89

TOTAL LIABILITIES AND EQUITY
$49,146.11 $72,471.89
Diversity Coalition of San Luis Obispo County 4/11

Statement of Activity - YTD Previous Month Comparison
February 2023
Total
Feb 2023 Jan 2023 (PP) Jul 2022 - Feb 2023 (YTD)

REVENUE
Fundraising
Grants
Individ, Business Contributions
Total Fundraising
Interest Income
Total Revenue
17,500.00 5,000.00
2,560.10 5,833.86
20,060.10 10,833.86
20,060.10 10,833.86
30,000.00
23,074.99
53,074.99

0.49 53,075.48

COST OF GOODS SOLD
Cost of Goods Sold 977.50 977.50
Total Cost of Goods Sold 0.00 977.50 977.50

GROSS PROFIT
20,060.10 9,856.36 52,097.98

EXPENDITURES
Advertising
Website 68.55 392.55
Total Advertising 68.55 392.55
Facilities and Equipment
Rent, Parking, Utilities 300.00
Total Facilities and Equipment 300.00
Fundraising Expense
Advertising & Printing 633.57 633.57
Total Fundraising Expense 633.57 633.57
Insurance - Worker's Compensation 47.76 45.21 400.37
Operations
Bank Fees 2.54 45.61
Postage, Mailing Service 914.47
Software 130.14 199.09 1,383.14
Supplies 133.17 28.95 756.52
Taxes & Licenses 165.00
Total Operations 265.85 228.04 3,264.74
Payroll Expenses
Taxes 409.91 418.32 2,892.78
Wages 3,872.05 3,751.80 34,268.16
Total Payroll Expenses 4,281.96 4,170.12 37,160.94
Professional Services 3,900.00
Accounting Fees 1,500.00
Outside Contract Services 325.00 233.00 5,433.00
Tax Preparation 1,100.00
Total Professional Services 325.00 233.00 11,933.00
Program Expense
Donations 360.00 360.00
Speakers 2,278.64
Diversity Coalition of San Luis Obispo County 5/11

Total
Feb 2023 Jan 2023 (PP) Jul 2022 - Feb 2023 (YTD)
Supplies 541.10
Venue Rental 950.00 262.50 1,850.22
Total Program Expense 950.00 622.50 5,029.96
Travel and Meetings
Conference, Convention, Meeting 21.18
Total Travel and Meetings
Total Expenditures

21.18 5,939.12 5,932.44 59,136.31
NET OPERATING REVENUE 14,120.98
3,923.92 -7,038.33

OTHER EXPENDITURES
Ask My Treasurer 300.00 209.25 509.25
Total Other Expenditures 300.00 209.25 509.25

NET OTHER REVENUE

NET REVENUE
-300.00 -209.25 -509.25
$13,820.98 $3,714.67 $-7,547.58
Diversity Coalition of San Luis Obispo County 6/11

Statement of Activity - YTD Comparison Previous Year Comparison February 2023
Total
Feb 2023 Feb 2022 (PY) Jul 2022 - Feb 2023 (YTD)

REVENUE
Fundraising
Grants
Individ, Business Contributions
Total Fundraising
Interest Income
Total Revenue
17,500.00
2,560.10
20,060.10
20,060.10
821.41
821.41
821.41
30,000.00
23,074.99
53,074.99

0.49 53,075.48

COST OF GOODS SOLD
Cost of Goods Sold
Total Cost of Goods Sold

0.00 1,266.50
1,266.50
977.50
977.50
GROSS PROFIT 20,060.10 -445.09 52,097.98

EXPENDITURES
Advertising
Website 68.55 392.55
Total Advertising 68.55 392.55
Facilities and Equipment
Rent, Parking, Utilities 300.00
Total Facilities and Equipment 300.00
Fundraising Expense
Advertising & Printing 633.57
Total Fundraising Expense 633.57
Insurance - Worker's Compensation 47.76 400.37
Operations
Bank Fees 2.54 45.61
Postage, Mailing Service 914.47
Software 130.14 102.53 1,383.14
Supplies 133.17 756.52
Taxes & Licenses 165.00
Total Operations 265.85 102.53 3,264.74
Payroll Expenses
Taxes 409.91 2,892.78
Wages 3,872.05 34,268.16
Total Payroll Expenses 4,281.96 37,160.94
Professional Services 3,900.00
Accounting Fees 280.00 1,500.00
Legal Fees 759.00
Outside Contract Services 325.00 500.00 5,433.00
Tax Preparation 1,100.00
Total Professional Services 325.00 1,539.00 11,933.00
Program Expense
Donations 200.00 360.00
Diversity Coalition of San Luis Obispo County 7/11

Total
Feb 2023 Feb 2022 (PY) Jul 2022 - Feb 2023 (YTD)
Speakers 2,278.64
Supplies 541.10
Venue Rental 950.00 1,850.22
Total Program Expense 950.00 200.00 5,029.96
Travel and Meetings
Conference, Convention, Meeting 21.18
Total Travel and Meetings 21.18
Total Expenditures 5,939.12 1,841.53 59,136.31

NET OPERATING REVENUE
14,120.98 -2,286.62 -7,038.33

OTHER EXPENDITURES
Ask My Treasurer
Total Other Expenditures
300.00 509.25
300.00 0.00 509.25

NET OTHER REVENUE

NET REVENUE
-300.00
$13,820.98

0.00 $-2,286.62
-509.25
$-7,547.58
Diversity Coalition of San Luis Obispo County 8/11

Diversity Coalition of San Luis Obispo County 9/11
Transaction List For the Previous Month
February 2023
Date Transaction Type Num Posting Name Memo/Description Account Split Amount 02/01/2023 Bill Dec '22 Grant Writing Yes Greg Ellis Accounts Payable (A/P) Professional Services:Outside
Contract Services 325.00
02/01/2023 Deposit Yes Stripe Donations
TYPE: TRANSFER ID:
1800948598 CO: STRIPE
Deposit STRIPE Coast Hills Credit Union
Fundraising:Individ, Business
Contributions 1,145.70
02/01/2023 Expenditure Yes G-Suite
GOOGLE GSUITE_diversitys
650-2530000 CA Date 02/01/23
2 3032002725 4 7372
Withdrawal Debit Card Coast Hills Credit Union Operations:Software -24.00 02/03/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 01/23/2023-
01/29/2023 Direct Deposit Payable -Split-828.65
02/03/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 01/23/2023-
01/29/2023 Coast Hills Credit Union Direct Deposit Payable -828.65 02/03/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
01/01/2023-03/31/2023 Coast Hills Credit Union Payroll Liabilities -32.83 02/03/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
02/01/2023-02/03/2023 Coast Hills Credit Union Payroll Liabilities -35.49 02/03/2023 Tax Payment Yes IRS
Tax Payment for Period:
02/01/2023-02/03/2023 Coast Hills Credit Union Payroll Liabilities -145.56 02/06/2023 Expenditure Yes Zoom
ZOOM.US 888-799-9666
WWW.ZOOM.US CA Date
02/06/23 2 3037000044 4 4814
Withdrawal Debit Card Coast Hills Credit Union Operations:Software -93.99 02/06/2023 Expenditure Yes Next Insurance
TYPE: NEXT Insur ID:
1800948598 CO: NEXT Insur
(AP I Withdrawal NEXT Insur
(AP I Coast Hills Credit Union
Insurance - Worker's
Compensation -13.79
02/08/2023 Expenditure Yes Little Green Light
#303927000024 BP LITTLE

GREEN LIGHT
WWW.LITTLEGRE WA
Withdrawal Bill Payment Coast Hills Credit Union Operations:Software -12.15 02/09/2023 Expenditure Yes Staples
STAPLES 1385 ATASCADERO
CA Date 02/09/23 2
3040325678 0 5943 Withdrawal
Debit Card Coast Hills Credit Union Operations:Supplies -133.17 02/10/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 01/30/2023-
02/05/2023 Direct Deposit Payable -Split-916.59
02/10/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 01/30/2023-
02/05/2023 Coast Hills Credit Union Direct Deposit Payable -916.59 02/10/2023 Tax Payment Yes IRS
Tax Payment for Period:
02/08/2023-02/10/2023 Coast Hills Credit Union Payroll Liabilities -178.06

Diversity Coalition of San Luis Obispo County 10/11
Date Transaction Type Num Posting Name Memo/Description Account Split Amount 02/10/2023 Bill Payment (Check)Yes Greg Ellis
Invoice no. Dec '22 Grant
Writing Coast Hills Credit Union Accounts Payable (A/P)-325.00 02/13/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
02/08/2023-02/10/2023 Coast Hills Credit Union Payroll Liabilities -44.51 02/13/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
01/01/2023-03/31/2023 Coast Hills Credit Union Payroll Liabilities -37.04 02/13/2023 Expenditure Yes Next Insurance
TYPE: NEXT Insur ID:
1800948598 CO: NEXT Insur
(AP I Withdrawal NEXT Insur
(AP I Coast Hills Credit Union
Insurance - Worker's
Compensation -9.96
02/13/2023 Deposit Yes Amazon Smile
TYPE: AmazonSmil ID:
9215319235 CO:

AMZNGCXUWWZP Deposit
AMZNGCXUWWZP Coast Hills Credit Union
Fundraising:Individ, Business
Contributions 7.56
02/14/2023 Check 1058 Yes
Astro Financial and Insurance
Services Draft 001058 - Insurance Policy Coast Hills Credit Union Ask My Treasurer -300.00 02/17/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 02/06/2023-
02/12/2023 Direct Deposit Payable -Split-1,019.67
02/17/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 02/06/2023-
02/12/2023 Coast Hills Credit Union Direct Deposit Payable -1,019.67 02/17/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
02/15/2023-02/17/2023 Coast Hills Credit Union Payroll Liabilities -57.39 02/17/2023 Tax Payment Yes IRS
Tax Payment for Period:
02/15/2023-02/17/2023 Coast Hills Credit Union Payroll Liabilities -217.43 02/17/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
01/01/2023-03/31/2023 Coast Hills Credit Union Payroll Liabilities -42.09 02/18/2023 Deposit Yes Dorothy Hines PayPal
Fundraising:Individ, Business
Contributions 103.00
02/18/2023 Expenditure Yes Paypal Fees PayPal Operations:Bank Fees -2.54 02/21/2023 Expenditure Yes Next Insurance
TYPE: NEXT Insur ID:
1800948598 CO: NEXT Insur
(AP I Withdrawal NEXT Insur
(AP I Coast Hills Credit Union
Insurance - Worker's
Compensation -11.24
02/21/2023 Expenditure Yes Vistaprint
VISTAPRINT 866-207-4955 MA
Date 02/21/23 2 3052719580 7
2741 Withdrawal Debit Card Coast Hills Credit Union Operations:Supplies -110.66 02/23/2023 Expenditure Yes Wix.com
Withdrawal Debit Card
WIX.COM*976272361 800-
6000949 NY Date 01/18/22 2
2018138813 9 4816 Coast Hills Credit Union Advertising:Website -68.55 02/24/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 02/13/2023-
02/19/2023 Direct Deposit Payable -Split-602.86
02/24/2023 Payroll Check DD Yes Rita P. Casaverde
Pay Period: 02/13/2023-
02/19/2023 Coast Hills Credit Union Direct Deposit Payable -602.86

Diversity Coalition of San Luis Obispo County 11/11
Date Transaction Type Num Posting Name Memo/Description Account Split Amount 02/24/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
02/22/2023-02/24/2023 Coast Hills Credit Union Payroll Liabilities -19.02 02/24/2023 Tax Payment Yes IRS
Tax Payment for Period:
02/22/2023-02/24/2023 Coast Hills Credit Union Payroll Liabilities -103.04 02/24/2023 Tax Payment Yes CA EDD
Tax Payment for Period:
01/01/2023-03/31/2023 Coast Hills Credit Union Payroll Liabilities -1.73 02/26/2023 Deposit Yes Vistaprint
Voucher VISTAPRINT
8662074955 MA Date 02/26/23
7 3057715357 3 2741
Withdrawal Adjustment Credit Coast Hills Credit Union Operations:Supplies 110.66 02/27/2023 Expenditure Yes Next Insurance
TYPE: NEXT Insur ID:
1800948598 CO: NEXT Insur
(AP I Withdrawal NEXT Insur
(AP I Coast Hills Credit Union
Insurance - Worker's
Compensation -12.77
02/27/2023 Deposit Yes Square Deposit
TYPE: 230227P2 ID:
9424300002 CO: Square Inc
Deposit Square Inc Coast Hills Credit Union
Fundraising:Individ, Business
Contributions 92.13
02/28/2023 Check 1059 Yes Tank Farm Center Draft 001059 - Security Deposit Coast Hills Credit Union Program Expense:Venue Rental -300.00 02/28/2023 Check 1060 Yes Tank Farm Center Draft 001060 - May 10th Event Coast Hills Credit Union Program Expense:Venue Rental -650.00 02/28/2023 Deposit Yes
Check Received 25.00 Check
Received 50.00 Check
Received 35.00 Check
Received 17,500.00 Check
Received 725.71 Check
Received 130.00 Deposit by
Check Coast Hills Credit Union -Split-18,711.71

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Mayor and Pismo Beach Council Members
Atlenlion: Emily France EFranc ei2P is m oBeach org
760 Mate Road
Pismo Beach, CA 03449
Dear Mayor Waage and Councilmembers Reiss, Guthrie, Inman & Newlon_
Smart Share Housing Solulicns, Inc. requests funding for the budget year 2023,24 in the amount of $3,500.00 to supp.orl provision of affordable housing for residents of the City of Pismo Beach through its HomeShareSLD program.

HomeShareSLO is modeled after 60— homeshare programs
nationwide, which have provided housing and community building opportunities via a secure matching syslem that connects compalible providers and persons seeking safe, affordable housing and companionship. HemeShareSLD employs a proven low cost melhod to create affordable housing of existing stock, through building community conneclion rather than using bricks and mortar.

To date, program slaff has been successful in screening and serving 7 Pismo Beach residents. While this number is not high in terms of a lol of clients, the help that having a housemale provides to Pismo Beach home providing seniors, such as Lynn, who has limited mobility in a wheelchair, is high. Lynn has the security of a trusled person in her home and assistance with tasks such as taking out the trash and changing light bulbs, that can be impossible from her chair. At the same time, low rent and a safe, secure place to live assists Lyrnn:s housemale, Maria.

The HorneShareSLC program works toward meeting several Pismo Beach goals as specified in ' FiscaI Year 2024 & 2025 City Goals":

Housing & Homelessness: The HomesharesLO program
creates housing by helping people open up extra bedrooms While the housing created may not all (or mostly be in Pismo Beach itself, the regional supply helps residents of each of the Count +'s jurisdictions- Tour investment in H onie ha reS LO will help us continue to build housing opportunity, community conneclion, outreach and training to the citizens of Pismo Beach. To date, the prbg ram has matched 141 unique clients in 67 homeshare matches, creating more than 70 safe
affordable housing units for residents vito need them. In addilion to creating affordable housing, it provides safety and security for the City's growing number of seniors aging in place.

Community Character: A HomeShare SLO match can help resolve neglected residential appearance on the inside and outside of a provider's home. Sharing a home can generate $600 to $1200 a month, for the provider. Over 12 months, more than $9,600.00 can be generated for repairs, home restoring needs and property taxes.

Public Safety: Importantly, with the appearance of a clean and safe exterior, a home can become less prey to possible criminal activity. Less apparent criminal activity can reduce the number of Public Safety calls to a neighborhood. Moreover, with a significant percentage of Pismo Beach's population single senior women, having a trusted person in the home can add to the feeling of safety —and having someone there in the event of a fall or accident can be lifesaving. This can minimize public safety calls —and mean calls get made when necessary.

Water supply: A homeshare match makes efficient use of existing housing stock, which typically is larger than the needs of a single person. The homeshare "creates" affordable housing without the costs and impacts of new construction, in the process conserving resources, such as water, with less new construction and less new landscaping.

Safe, secure housing can be challenging for many. Affordable housing for single seniors is an increasing challenge for their quality of life. Fixed incomes fail to keep up with the rising cost of living. With an average Social Security payment of less than $1500 for senior women (several hundred dollars less than the average for men), many senior women renters are priced out of the market. Average rents are substantially more than a single Social Security check. The prospect of homelessness is devastating at any age, particularly when a person is over 65 years old, with healthcare needs, for instance. The quality and length of life can be severely affected.

According to the US Census table below 688 persons over the age of 65 live alone in their own home in Pismo Beach. Most homes have 2 or more bedrooms and 20% received Food Stamps.
( https://www.seniorcare.com/directory/ca/pismo-beach/#census_footnote) Many seniors may be "house rich" yet "cash poor". This creates challenges to aging in place, senior safety and healthcare for approximately 15% of Pismo Beach senior households.

Isolation can develop as seniors lose mobility and the ability to socialize outside the home. https://data.census.gov/table?q=age+65+years+and+own+home+alone+in+Pism o+Beach+city,+California&tid=DECENNIALSF32000.P011
Homeshare programs are a creative, low cost way to bridge gaps between the over and under housed, while building community and fighting the impacts of social isolation. It's a particularly important tool given that funding and support for construction of new affordable housing is limited and demanding, at a time housing need continues to increase. Homeshares effectively create new housing within existing housing units.

Another step toward preserving Pismo Beach's "Classic California" charm.

Homesharing is a nationally proven way out of housing challenges for many. It's a new concept to many San Luis Obispo County residents. Many residents, particularly seniors, have little experience sharing housing with non -family members. Single senior women are most often "over- housed" struggling with making ends meet and isolation.

They often are dealing with a new, possibly frightening concept. Several preliminary steps are required under these circumstances, for program success.

Your financial support will help connect city residents through these actions:

Outreach to identify appropriate isolated and/or financially challenged seniors who may have unmet needs homesharing could meet; Training to explain how homesharing works, including mechanisms for maintaining privacy within the home, household agreements and realistic expectations — explanation of procedures of the matching process, background and security screening of both parties and help with clarifying need & expectations and how to end a homesharing agreement;
Screening for safety and security of all program participants; Understanding and sharing the success with others.

Your funding for the 2023-24 fiscal year will allow the program to:

Provide housing mentoring assistance for up to 15 Pismo Beach residents who reach out to program staff with housing inquiries
Assist up to 5 Pismo Beach residents with program enrollment, including application, background screening, client introductions, match agreement assistance and ongoing match support
Facilitate a minimum of 3 outreach and training events in Pismo Beach & the Five Cities area to help residents understand homesharing opportunities and benefits and be able to consider if a homeshare may be right for them Thank you for considering this request. Smart Share Housing Solutions' ten -member volunteer board of directors, program staff and volunteers look forward to partnering with you to provide needed safe, affordable housing, income, companionship and security, along with tools for housing success and resilience to the seniors of Pismo Beach. We appreciate the opportunity to innovate, lead and provide safe, decent affordable housing and an added sense of community in Pismo Beach.

Please find attached requested documents:
• 2022 financial statements: balance sheet, P&L and cash flow • 2018 organizational audit: with a relatively small operating budget of less than $150,000 annually, with three part-time staff and reliance on a high number of volunteers for service provision, Smart Share does not spend the significant

resources required for an annual audit.

Warmly,
Anne Wyatt, Executive Director
Smart Share Housing Solutions, Inc.

PO Box 15034, San Luis Obispo, CA 93406
(805) 215-5474
SmartShareHousingSolutions.org
anne(a�smartsharehousingsolutions.orq

01 /06/23
Accrual Basis
11:26 AM Smart Share Housing Solutions
Balance Sheet
As of December 31, 2022
ASSETS
Current Assets
Checking/Savings
CoastHills - Checking - 80
CoastHills - Bus Basic - 00
SLO County ARPA Grant
Waterman Contributions
CoastHills - Bus Basic - 00 - Other
Total CoastHills - Bus Basic - 00
Dec 31, 22 Dec 31, 21 $ Change
60,870.41 7,147.64 53,722.77
50,000.00 0.00 50,000.00
286,282.12 0.00 286,282.12
40,667.40 72,669.82 -32,002.42
376,949.52 72,669.82 304,279.70
Total Checking/Savings 437,819.93 79,817.46 358,002.47
Other Current Assets
Prepaid D&O Insurance 1,488.34 1,308.25 180.09
Prepaid Liability Insurance 1,832.62 1,832.62 0.00
WC Insurance Deposit 355.00 355.00 0.00
Total Other Current Assets 3,675.96 3,495.87 180.09
Total Current Assets 441,495.89 83,313.33 358,182.56
TOTAL ASSETS 441,495.89 83,313.33 358,182.56

LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
20000 • Accounts Payable 5,842.44 140.97 5,701.47
Total Accounts Payable 5,842.44 140.97 5,701.47
Other Current Liabilities
Unearned SLO County ARPA
Restricted Waterman Reserves
Deferred Grant Income
County of SLO - 22-23
City of San Luis Obispo 22-23
County of SLO CBO 21-22
City of San Luis Obispo - 21-22
City of Pismo Beach
Total Deferred Grant Income
24000 • Payroll Liabilities
Fed - WH Tax Payable
Fed - Social Security Payable
Fed - Medicare Tax Payable
CA - State WH Payable
CA - SDI Payable
CA - Unemployment Payable
CA - ETT Payable
Total 24000 • Payroll Liabilities
Total Other Current Liabilities
Total Current Liabilities
Total Liabilities
Equity
32000 • Unrestricted Net Assets
Net Income
Total Equity
50,000.00 0.00 50,000.00
286,282.12 100.00 286,182.12
4,999.96 0.00 4,999.96
3,999.98 0.00 3,999.98

0.00 5,000.00 -5,000.00

0.00 2,302.10 -2,302.10

0.00 1,749.98 -1,749.98
8,999.94 9,052.08 -52.14
294.00 472.00 -178.00
589.62 697.00 -107.38
137.88 163.02 -25.14

50.98 124.61 -73.63

52.31 67.45 -15.14

23.64 0.00 23.64

0.82 0.00 0.82
1,149.25 1,524.08 -374.83
346,431.31 10,676.16 335,755.15
352,273.75 10,817.13 341,456.62
352,273.75 10,817.13 341,456.62
72,494.34 38,019.02 34,475.32
16,727.80 34,477.18 -17,749.38
89,222.14 72,496.20 16,725.94
TOTAL LIABILITIES & EQUITY 441,495.89 83,313.33 358,182.56