Las Trampas prides itself on fiscal responsibility to assure that services to the people served by the agency will continue far into the future. As non-profit serving adults with developmental disabilities, our primary funding source is the Regional Center of the East Bay, funded by the California Department of Developmental Services. Thus, most of our funding is dependent upon state and Federal programs. With such funding increasingly in question, we rely on donations and community support to bridge the gap between State-mandated rates for services and the increased costs of providing quality services.
Our fiscal year starts on July 1st of each year and continues to the following year ending on June 30th to align with the State of California’s fiscal year and our primary funding sources. Each year, Las Trampas engages an independent auditor to review our financial information and our accounting practices and prepare and submit our annual tax return. This audit usually takes 4 to 5 months to complete after the fiscal year’s closure. Information will be updated upon its completion.
Below, you will be able to review key financial information for the most recently ended fiscal year of which an audit has been completed.
2019-2020 Financial Information
Audited Financial Information for Fiscal Year Ending 06/30/2020
Total revenue equaled $8,229,735. The following outlines our funding sources:
- Tuition and Fees – $5,276,477
- Investment and Other Revenues – $327,022
- Sale of Properties – $1,776,036
- Contributions – $232,848
- Fundraising Events – $44,462
- Grants – $559,340
- In-Kind Contributions – $13,550
FUNCTIONAL EXPENSES BY CATEGORY
Total expenses equaled $6,125,671. The following outlines the segments where these funds were spent by programs, administration, and fundraising:
- Program Services – $5,006,079
- General and Administrative – $867,323
- Fundraising – $252,269