Financial & Services Overview FOR FISCAL YEAR July 1, 2012 to June 30, 2013
Revenues & Support
Contributions
Church Contributions
United Way allocations
Private sector grants
Government grants & contracts
Program service fees
Special Events (net of expenses)
Other Income
Total Revenue
$725,641
$151,079
$302,741
$605,064
$10,221,008
$591,310
$271,433
$217,439
$13,085,715
Expenses
Foster care services
$4,298,249
Refugee services
$4,877,152
General & administration
$1,224,712
Birth parent services and adoptions
(BPS& A)
$359,546
Fundraising
$624,855
Disaster Response (DR)
$206,752
Older Adult & Caregiver Services (OACS)
$393,880
Prevention Services (PES)
$400,767
Legal Immigration Services (ILS)
$143,642
___________________________________________
$12,529,555
Change in Net Assets (2012)
$457,174
Change in Net Assets (2013)
$556,160
Other Income
2%
Contributions
Special Events
6%
2%
Program service fees
4%
Church Contributions
1%
United Way allocations
2%
Private sector grants
5%
Government grants &
contracts
78%
Fundraising
5%
(DR) (OACS) (PES) (ILS)
3% 1%
2% 3%
(BPS& A)
3%
General &
administration
10%
Foster care services
34%
Refugee services
39%
LFS needs to manage for a surplus of revenue over expenses in order to maintain reasonable reserves, respond to
emerging needs and provide a buffer against sudden loss of revenue in these volatile economic times.
These surplus funds have helped LFS restore its reserves and line of credit.