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, 2008 to June 30, 2009.
Assets
Cash and investments $2,681,105
Accounts receivable (net) $1,360,684
Property and equipment (net) $3,440,511
Other assets $132,718
Total Assets .............................................................................. $7,615,018
Liabilities and Net Assets
Accounts payable and accrued expenses $1,096,715
Long-term debt $2,450,509
Other liabilities $150,000
Total Liabilities $3,697,224
Total Net Assets ........................................................................ $3,917,794
Total Liabilities and Net Assets ............................................... $7,615,018
Revenue
Patient service revenue (net) $7,271,824
Grants revenue $2,265,770
Contributions revenue $724,939
In-kind revenue $912,486
Total Revenue ........................................................................... $11,175,019
Expenses
Personnel $7,774,644
Space and facilities $589,853
Supplies $303,670
Contractual $778,310
Depreciation - equipment $70,002
Minor equipment $130,253
Travel $5,710
Other $435,309
In-kind expenses $912,486
Total Expenses ....................................................................... $11,000,237
Excess of Revenue Over Expenses .......................................... $174,782
