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2021 <br />ASSETS 2021 2020 <br />Cash $534,839 $258,216 <br />Accounts Receivable $21,007 $79,201 <br />Prepaid Expenses $1,220 $1,219 <br />Net Property and Equipment $411,865 $438,040 <br />Other Assets $27,692 $24,629 <br />Total Assets $996,623 $801,305 <br />LIABILITIES AND NET ASSETS <br />Accounts Payable $1,500 $6,540 <br />Accrued Expenses $55,444 $53,088 <br />PPP Loan (0)79,600 <br />Total Liabilities $56,944 $139,228 <br />NET ASSETS <br />Total Unrestricted $835,499 $618,897 <br />Temporarily Restricted $101,180 $43,180 <br />Total Net Assets $936,679 $662,077 <br />TOTAL NET ASSETS & LIABILITIES $996,623 $801,305 <br />Fundraising & <br />Investment Incomes <br />4% <br />In Kind <br />Support <br />17% <br />Statement of Financial Position December 31, 2021 & 2020 <br />Direct Program <br />Services <br />78% <br />Management <br />& General <br />14% <br />Fundraising <br />8%Total <br />Functional <br />Expenses <br />$952,371 <br />Grants & <br />Contributions <br />64% <br />Program & <br />Rental Fees <br />1% <br />2021 BUSINESS PARTNERS <br />AFTON BAYPORT LAKELAND <br />LIONS <br />ALERUS <br />ANDERSEN CORPORATION <br />ANDERSEN WINDOWS AND <br />DOORS <br />ARTIS SENIOR LIVING <br />BAYPORT MARINA <br />BAYTOWN TOWNSHIP <br />BLUE PENCIL COLLECTIVE <br />BLUESTONE PHYSICIAN <br />SERVICES <br />CARNELIAN-MARINE-ST. <br />CROIX WATERSHED DISTRICT <br />CCF BANK <br />CITY OF BAYPORT <br />CITY OF OAK PARK HEIGHTS <br />CITY OF STILLWATER <br />COMFORT KEEPERS <br />CORTRUST BANK <br />COSTCO <br />DIASORIN, INC. <br />EDINA REALTY <br />FIRST STATE BANK AND TRUST <br />GALOWITZ OLSON <br />HEALING RIVER <br />CHIROPRACTIC <br />KING OF KINGS LUTHERAN <br />CHURCH <br />LAKE ELMO BANK <br />PARAGON POOLS <br />PLATINUM BANK <br />PONY PREESCHOOL CHILD <br />DEVELOPMENT CENTER <br />ROYAL CREDIT UNION <br />SRI <br />TRINITY LUTHERAN CHURCH <br />XCEL ENERGY <br />Support & <br />Revenue <br />$1,226,973 <br />Audited financial statements can be found at www.CommunityThreadMN.org. <br />Financials do not include $308,924 as valued by the Independent Sector for 9,972 <br />volunteer hours at $30.98 per hour. <br />PPP Loan <br />Forgiveness 14% <br />2021 BOARD <br />OF DIRECTORS <br />Fred Anderson <br />Board Treasurer <br />Community Volunteer <br />Lisa Bevens <br />Home to Sweet Home <br />Chris Dressel <br />First State Bank & Trust <br />Josiah Hill <br />Stillwater Area Schools <br />Ruth Hjelmgren <br />Artis Senior Living <br />Kate Kasten <br />Andersen Corporation <br />Sharon King <br />Andersen Corporation <br />Richard McDonough <br />RM Realty <br />Terry Mistalski <br />Healthcare Solutions Pro <br />Renae Pominville <br />Board Secretary <br />Lake Elmo Bank <br />Eric Salman Midwest Spine and Brain <br />Institute <br />Samantha Schindler Board Vice President <br />DiaSorin, Inc. <br />Sarah Stivland Community Volunteer <br />Julie Swedback Swedback Law PLLC