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

I think it's great that the hospitals help Health Center patients. They sent me to a doctor to work on my eyes, and he was responsible for my laser surgery. One of the things I live for is reading, and he saved it. Without that, I would probably be partially blind by now. Forever more, that doctor and the Health Center are in my heart to have saved my eyes. -Thelma

Revenue Composition

Expenses by Program