Funding
Financial Information
We have been successful in diversifying revenue sources that has enabled
Access Community Health Centers' expansion of services. The following is an
overview of our finances from July 1, 2010 to June 30, 2011.
Assets
Cash and investments $2,613,326
Accounts receivable (net) $3,061,703
Property and equipment (net) $6,339,966
Other assets $244,786
Total Assets .............................................................................. $12,259,781
Liabilities and Net Assets
Accounts payable and accrued expenses $1,928,715
Long-term debt $4,549,068
Other liabilities -
Total Liabilities $6,477,783
Total Net Assets $5,781,998
Total Liabilities and Net Assets ............................................... $12,259,781
Operations Revenues and Expenses FY11
Revenue
Patient service revenue (net) $15,360,701
Grants revenue $2,709,904
Contributions revenue $1,326,261
In-kind revenue $1,207,639
Total Revenue ........................................................................... $20,604,505
Expenses
Personnel $11,894,367
Space and facilities $879,617
Supplies $664,875
Contractual $4,705,087
Depreciation - equipment $279,810
Minor equipment $196,348
Travel $16,417
Other $677,985
In-kind expenses $1,207,639
Total Expenses ....................................................................... $20,522,145
Excess of Revenue Over Expenses .......................................... $82,360
