2021 Annual Report

Page 1

2021 Annual Report 2020 OPERATING EXPENSE $3,058,033

Prevention & Education $313,784

Events $510,298

10%

17%

Fundraisin g $187,758

Fundraising and Administration costs remain constant while KIDS Center’s operating budget expands to meet the growing need for services.

6%

The average cost for comprehensive services for one child is $4,000.

Administra tive & General $132,274

4%

Therapy Services $363,888

2020 OPERATING REVENUE $3,058,033 Program Revenue $524,467

Public Funds $210,294

7%

KIDS Center is a private non-profit and receives no tax payer dollars.

Federal & State Grants $642,583

21%

In -K ind Donations $165,669

5%

42%

Family Support Program $252,512 Contracts 8% $33,280

Annually, KIDS Center strives to maintain a balanced budget with appropriate cash reserves of at least 5 months. In 2020, the COVID-19 pandemic prompted a 9 Events mos. spending and hiring $763,575 freeze forcing KIDS Center 25% to operate at the leanest possible capacity. KIDS Events Corp Center was able to obtain Sponsors a Paycheck Protection $173,000 Loan which enabled us to 5% avoid reductions in staff Corporate Partners beyond unfilled open $22,450 positions. This loan, along 1% with strong community Indi vidual support at year-end, $213,700 enabled us to end the year United Way 7% with reserve funds. These $19,200 Private funds are being reinvested Foundations 1% in the organization through $297,259 increased staffing and cash 10% reserves for future financial Reserve Funds stability.

1%

17%

Evaluation Program $1,297,519

KIDS Center’s fundraising events ensure our vital services are provided at no cost.

$184,569

KIDS Center’s Fall Newsletter 2021 | 7


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