2008 Annual Report - Catholic Charities

2008 Financial Statements
Revenue and Expense Summary
REVENUE
Contracts, Grants, &
Government Fees for Service $17,093,514 86.2%
Contributions 3,230,338 16.3%
Other Income 1,214,893 6.1%
Client Fees 490,961 2.5%
Investment Return (2,204,491) -11.1%
Total Public Support and Revenue $19,825,215 100.0%
EXPENSES
Residential and Day Services $12,091,773 54.9%
Caritas Family Services 2,731,077 12.4%
Senior Services 3,403,442 15.4%
Support Services 1,885,488 8.5%
Housing Services 1,068,581 4.8%
Organizational Advancement 777,850 3.5%
Social Concerns 100,362 .5%
Total Expenses $22,058,573 100.0%
Statements of Financial Position
ASSETS 2008 2007
CURRENT ASSETS
Cash and Cash Equivalents $1,400,077 $1,186,310
Accounts Receivable 2,469,537 2,650,861
Accounts Receivable
Affiliated Organizations 313,867 329,944
Notes Receivable (Current Portion) 82,178 74,895
Inventories 59,041 64,570
Prepaid Expenses 105,677 54,253
Total Current Assets $4,430,377 $4,360,833
PROPERTY AND EQUIPMENT
Land $2,129,968 $2,129,968
Buildings and Improvements 12,254,970 12,162,824
Equipment 1,952,946 1,914,199
Total $16,337,884 $16,206,991
Less: Accumulated Depreciation 5,510,778 4,937,915
Total Property and Equipment $10,827,106 $11,269,076
OTHER ASSETS
Accounts Receivable $261,141 $309,084
Funds Held by Foundation 164,401 233,168
Long-term Investments 3,033,427 5,026,502
Notes Receivable (Net of Current Portion) 26,683 106,668
Other 2,700 2,700
Total Other Assets $3,488,352 $5,678,122
Total Assets $18,745,835 $21,308,031
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