SV Heart Photography
If we had to sum up this year in one word, it would be more.
Our older adult program participant count grew by 50% and our child-care programs served more kids than we had since before COVID. In July, we started paying staff more with our Living Wage Initiative, which introduced an internal minimum wage of $20/hour. Unfortunately, we also saw more food insecurity with many, many more people in our community visiting our food pantry. We were able to support all these people and more with the help of our community – that’s you!
This report reflects our 2022/2023 fiscal year, which runs from Sept. 1 through Aug. 31.
Goodman Community Center Financials
Fiscal Year 2022-2023
Unrestricted public support revenue and gains
Government Grants 1,463,674
Foundation Grants 1,552,713
Contributions 4,268,413
User fees and tuition 996,439
Investment returns 328,388
Gain on Forgiveness of Debt 1,500,000
Other 78,729
TOTAL $10,188,356*
Expenses
Personnel 4,748,734
Program supplies and activities 2,821,641
Contractual services 599,811
Occupancy 400,278
Depreciation 616,885
Financial services 429,280
Office supplies/phone/equipment 308,089
Insurance 90,628
Printing and postage 76,215
Staff training 124,531
TOTAL $10,216,092*
Change in net assets without donor restrictions -$27,736
This financial information has been condensed and should be read in conjunction with our audited financial statements which are available upon request.
*Revenue in this report includes capital campaign gifts which will be used for renovation and construction costs of the Center’s buildings. We have not included restricted revenue which has been promised but will not be received until future dates.
Board of Directors
Find a complete list of our board of directors here.