Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
03/25/25 HOMELESSNESS COMMITTEE (2)
(183 HOMELESSNESS COMMITTEE AGENDA BAKERSFIELD REGULAR MEETING PHF SOUND COIF�A091U),i^' ,�. March 25, 2025, 12:00 p.m. City Hall North Conference Room A 1600 Truxtun Avenue Members Committee Member Andrae Gonzales - Chair Committee Member Eric Arias Larry Koman 1. ROLL CALL 2. PUBLIC STATEMENTS a. Agenda Item Public Statements b. Non-Agenda Item Public Statements 3. ADOPTION OF THE MINUTES a. Adoption of the November 26, 2024 meeting minutes. Staff recommends adoption of minutes. 4. STAFF REPORTS a. Homelessness Committee Staff Report 3.25.2025 Staff recommends committee receive and file report. 5. NEW BUSINESS a. Update from the Bakersfield Kern Regional Homeless Collaborative Staff recommends the Committee receive and file the presentation. 6. COMMITTEE COMMENTS 7. ADJOURNMENT U 1,21 HOUSING AND HOMELESSNESS COMMITTEE ` u MINUTES �^ mrroau�., REGULAR MEETING November 26, 2024, 12:00 p.m. City Hall North Conference Room A 1600 Truxtun Avenue Members Present: Committee MemberAndrae Gonzales - Chair Committee Member Eric Arias Members Absent: Committee Member Ken Weir City Staff: Anthony Valdez, Assistant City Manager Jennifer Byers, Economic and Community Development Director Juan Heredia, Administrative Analyst III Josh Rudnick, Deputy City Attorney Jamie Achterberg, Assistant to the City Manager Nicole Anderberg, Bakersfield Police Lieutenant Carla Reyes, City Clerk Technician Renee Taylor, Administrative Analyst II Jaritza Nunez, Management Assistant Kayla Hickey, Management Assistant Pricilla Martinez, Principal Planner Nicole Franco, Planner Alyssa Olivera, Planner I Others Present: Other Community Members 1. ROLL CALL 2. PUBLIC STATEMENTS a. Agenda Item Public Statements None. b. Non-Agenda Item Public Statements None. 1 Page 2 of 36 3. ADOPTION OF THE MINUTES a. Adoption of October 22, 2024, Regular meeting minutes Moved by: Committee Member Eric Arias Staff recommend adoption of the minutes Approved 4. STAFF REPORTS a. November 2024 - Staff update on the City's efforts to address housing and homelessness Economic and Community Development Byers made staff comments. Assistant City Manager Valdez made additional staff comments. Lieutenant Anderberg made additional staff comments. Moved by: Committee Member Eric Arias Staff recommend committee receive and file report. Approved 1. November Monthly Report 2. Additional materials provided ECD 5. NEW BUSINESS a. Discussion on moving guests of the Brundage Lane Navigation Center into permanent housing Theo Dues, Mercy House made staff comments. Moved by: Committee MemberAndrae Gonzales Staff recommends receive and file of the presentation. Approved 1. Written materials submitted by Mercy House 6. COMMITTEE COMMENTS None. 2 Page 3of36 7. ADJOURNMENT The meeting adjourned at 1.03 p.m. MANPREET KAUR, CHAIR JULIE DRIMAKIS, CITY CLERK 3 Page 4of36 • BAKERSFIELD ADMINISTRATIVE REPORT MEETING DATE: March 25,2025 AGENDA CATEGORY: Staff Reports TO: Homelessness Committee FROM: Jennifer M. Byers DATE: March 20, 2025 SUBJECT: March 2025—Staff update on the City's efforts to address homelessness Monthly report on homelessness- March 2025 RECOMMENDATION: Staff recommends committee receive and file report. BACKGROUND: The City Manager's Office, Economic and Community Development Department, and Bakersfield Police Department provide a monthly report to the Homelessness Committee.The monthly report provides data on homelessness and the Community Vitality Initiative. FISCAL IMPACT: There is no impact to the General Fund. COUNCIL GOAL: Safety and Resilience ATTACHMENTS: 1. Homelessness Monthly Report—March 2025 Page 5of36 BAKERSFIELD THE S 0 U N D 0IF 5,04001 ',1?P4fer Homelessness Committee Monthly Report March 2025 HOUSING The City of Bakersfield aims to ensure every Bakersfield resident has access to safe, secure, and affordable homes that meet their needs. The City contracts several companies to design, construct, and operate affordable housing projects. OMEN=. Units Units Under Units in Pre- Anticipated Project Developer Recently Completed Construction Development completion date 889 Oak Street HA 40 -- August 2024 Chelsea Auburn Street Apts. Investments -- 60 -- November 2025 Corps. 1209 M Street HA -- 4 -- December 2025 CityServe Housing CityServe 126 -- April 2025 (Homekey) Renaissance at Baker HA/CCF -- 85 -- April 2025 4t" Street Senior GHEAII -- 16 -- June 2025 Housing Ramkabir City -- -- 37 Apply for Homekey+ 800 South Baker HA -- -- 8 May 2025 City View HA -- -- 37 August 2025 Letzring Sr. Housing HA -- -- 150 2026 Bakersfield Senior Center Housing & HA -- -- 36 2026 Facility Project Niles Street HA -- -- 51 2026 Haley Housing Haley 40 2026 Housing LP South Union Danco -- -- 50 Wa/Po CCF -- -- 69 1 L'ua g e Page 6of36 Fairfax Commons HA -- -- 82 40 291 560 Totals 891 � 4 HOMELESSNESS Flood The City of Bakersfield contracts with Flood Ministries for street outreach services Ministries to unsheltered individuals. February Report Contacts with HomelessAverage Weekly Contacts with homeless individuals in the field 269 189 Unique Contacts with homeless individuals in the field 224 149 Service Acceptance and Resistance . Shelter Referrals 641 376 Referred individuals who accepted shelter 431 197 Referred individuals who refused shelter 373 179 Percentage of individuals refusing service 46% 48% Average Weekly City's Brundage Lane Navigation Center (BLNC) turn-aways due to 80 63 lack of dorm/pet capacity (includes field contacts, walk-in, & call-ins) BLNC turn-aways due to lack of dorm capacity 76 56 Male 44 29 Female 20 18 Couple (# of individuals) 12 9 BLNC turn-aways due to lack of pet capacity 4 7 Male 2 2 Female 2 2 Couple (# of individuals) 0 3 Transportation - - Shelters Total Transported 73 67 Transported to Brundage Lane Navigation Center 60 44 Transported to Open Door Network 10 9 Transported to The Mission 3 14 2 1 rl Page 7of36 OutreachRiver Medical Number of Events Total4 32 Number of Total Attendees 48 515 Number of Deliveries to Shelter 1 9 Number of Housing Placements 0 4 The City of Bakersfield contracts with the Open Door Network for a jobs program see serving multiple City functions. The City also funded an Open Door Network Jobs e s rc94magine ro be Center building near Downtown Bakersfield. February Report Total Calendar YTD Max. Capacity Filled Newly Hired Employees 1 8 -- -- Current Employees 70 -- 70 100% Male 36 -- -- -- Female 34 -1 -- -- -- Permanent Job Placements 0 2 -- -- MERCY The City of Bakersfield contracts with Mercy House to operate all aspects of HOUSE the City's Brundage Lane Navigation Center (BLNC). ReportFebruary Average Capacity Filled Weekly City's Brundage Lane Navigation Center beds filled 289 299 98% Male 133.00 135 99% Female 106.00 110 96% Couple (# of individuals) 54.00 54 100% Permanent Housing Placements Date Number of Placements 3 452 3 1 rl Page 8of36 *BLNC's current maximum capacity is 295 beds. Each night four(4) beds are held open for the Bakersfield Police Department to utilize which brings the functional capacity to 299. Mercy House Average Length of Stay Fiscal Year-to-Date 160 142 m 140 N 120 103 100 w N 80 59 0 60 52 35 40 22 z 20 1-7 Days 8-30 Days 31-90 Days 91-180 Days 181-365 Days >365 Days Average Length of Stay* *Average length of stay may reflect duplicate lengths of stay for all clients. Page 9of36 COMMUNITY VITALITY INITIATIVE The City of Bakersfield's Community Vitality Initiative (CVI) centralizes and coordinates calls for service related to homelessness. City staff report on the source of calls, types of service requested, and the teams that respond to each call. Call Sources • Computer Aided-Dispatch (CAD): calls to the Bakersfield Police Department • Internal: calls directly to the Call Center • Council: calls from City Council and the City's HELP Desk. Source Number of Calls Percent Source of Calls CAD 963 89% y 2 79 9% Internal CAI..)Council 18 2% Inlerinal C OUInCII 100% 89 Total 1060 CAD Calls Over Time 1300 1218 1200 v 1100 U 1000 909 0 N 900 757 800 660 661 780 D 700 621 Z 600 500 July August September October November December January Call Types and Response 6o% TEAM RESPONSE RATES TO s�s 1�11 Total 0CV CALLS Code LE 1-4 366 Code HE 1-2 229 40% RRT (Clean-Up) 397 0% Flood 207 Impact 847 20% *294 are co-response calls, RRT, and .0 HE 1-2 are Code Enforcement Data o% Code I...EA. code HE I RRT 4 2 (clean Up) Mood Vmpact ➢2Ser'leQ 24% .11.1.5% 26% .11.4% :56% Page 10 of 36 C7 O C 00 —+ 96' 0 o � Ln 00 ol • CN rN ' CN 4- 0 N ^ N — coa� N Lo ry • u�... C � U -6 o r o / m E OOo O Q lll-� (Y)014 INDu,,,,,,,,,,,,,,,,,,, 0 � a� cry � • U � .� C a E 'Q) O � N 07 0 U N 4- J N •— © ' � E U 1 - o N 4) U N rr� � 00 ry:Y Cl u p....... � cry cry ......) I.A...I • tr") ......... .' ( I..A...I ra.... Cl G.or..: rr Cl ry:Y I rr� • BAKERSFIELD ADMINISTRATIVE REPORT MEETING DATE: February 18,2025 AGENDA CATEGORY: New Business TO: Homelessness Committee FROM: Anthony Valdez,Assistant City Manager DATE: February 18, 2025 SUBJECT: Update from the Bakersfield Kern Regional Homeless Collaborative RECOMMENDATION: Staff recommends the Committee receive and file the presentation. BACKGROUND: The Bakersfield Kern Regional Homeless Collaborative, commonly referred to as BKRHC or "the collaborative," is an independent 501(C)3 nonprofit organization that works to reduce the impacts of homelessness in Kern County through collaborative planning and action that expands access to permanent affordable housing and supportive services. The Collaborative serves as Kern County's official U.S. Housing and Urban Development recognized Continnum of Care (CoC). In 2019,following passage of the PSVS-Measure N sales tax,the City of Bakersfield, Kern County and other services providers recognized the need for one organization to "own" the region's response to homelessness.The City and County each pledged$155,000 to support on-going funding for full-time staff, creation of an Executive Board and creation of a non-Profit. City Manager Christian Clegg and Assistant City Manager Anthony Valdez both serve on the nine member Executive Board for the Collaborative. In recent years,the Collaborative has developed a new strategic plan to address homelessness, revitalized the Homeless Information Management System, coordinated homeless prevention programming, submitted successful grant applications including the Encampment Resolution Fund, and managed successful homeless Point-in-Time Counts. Representatives from the Collaborative will join the Committee for an update on the organization's work. FISCAL IMPACT: Each year the City contributes $155,000 in PSVS funding towards the operations of the Bakersfield Kern Regional Homeless Collaborative. COUNCIL GOAL: Safety and Resilience ATTACHMENTS: BKRHC Budget BKRHC Audit Page 13 of 36 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Profit & Loss per Month - ALL CLASSES July through December 2024 ElftC REGIONAL HOMELESS COLLABORATIVE Jul24 Aug24 Sep24 Oct24 Ordinary Income/Expense Income 4000-Grant Income Elevance Health(Anthem) 0.00 0.00 32,000.00 4,542.00 City of Bakersfield 0.00 0.00 155,000.00 0.00 4000-Grant Income-Other -52,117.35 353,527.25 56,701.51 260,850.28 Total 4000-Grant Income -52,117.35 353,527.25 243,701.51 265,392.28 4200-Individual Contributions 73.00 73.00 144.00 85.00 4300- Membership Dues 4,550.00 2,000.00 2,150.00 2,350.00 4400-Interest Income 20,522.26 19,373.85 16,780.00 17,192.99 4500-In-Kind Donations 1,150.00 1,150.00 1,150.00 1,150.00 Total Income -25,822.09 376,124.10 263,925.51 286,170.27 Expense 5001 -Bank&Interest Charges 66.63 44.91 84.37 165.01 5003-Computer Supplies&Software 457.32 466.75 457.32 768.71 5011 -In-Kind Expenses 1,150.00 1,150.00 1,150.00 1,150.00 5013- Liability Insurance 236.21 236.21 236.24 259.63 5014- Meeting Expense 360.00 648.74 1,166.27 223.32 5019-Payroll Expenses 5020- Executive Director 0.00 0.00 0.00 0.00 5022-Administrative Analyst 0.00 0.00 0.00 0.00 5023-Administrative Coordinator 4,616.43 4,478.50 4,833.66 4,567.42 5025-BNL Coordinator 5,045.63 1,330.94 0.00 3,115.23 5026-Administrative Assistant 1,691.00 1,700.00 1,830.00 1,704.00 5027-Program Administrator 8,738.96 6,943.74 7,317.63 6,943.74 5030-Taxes 1,526.65 1,101.81 1,068.05 1,359.89 5031 -Health Insurance 5,692.62 1,659.07 -79.84 3,489.34 5032-401(K) 1,009.84 726.41 702.06 819.51 5033-Worker's Comp 89.47 69.00 67.43 75.96 5034-Vacation Accural Expense 1,935.67 131.77 346.84 60.84 Total 5019-Payroll Expenses 30,346.27 18,141.24 16,085.83 22,135.93 5042-Printing 105.60 1,343.09 396.69 204.33 5043-Professional Develop/Education 1,543.31 0.00 1,718.56 0.00 5044-Professional Fees 5045-Accounting Fees 5,000.00 5,000.00 5,000.00 11,000.00 5047-Contract Labor 200.00 200.00 200.00 200.00 5048-Human Relations 564.70 563.13 753.78 555.26 5049-Information Technology-IT 1,250.00 1,250.00 1,666.67 1,666.67 5050- Legal Fees 416.67 416.67 416.67 0.00 5051 -Technical Assistance 582.40 574.40 381.60 389.60 5052-Payroll Processing 948.12 612.86 419.00 498.90 5054-Grant Writing/Strategic Consult 7,500.00 7,500.00 7,500.00 7,500.00 Total 5044-Professional Fees 16,461.89 16,117.06 16,337.72 21,810.43 5061 - Repair&Maintenance 1,165.91 0.00 0.00 0.00 Page 14 Of 36 Page 1 of 4 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Profit & Loss per Month - ALL CLASSES July through December 2024 ElftC REGIONAL HOMELESS COLLABORATIVE Jul24 Aug24 Sep24 Oct24 5063-Supplies 5064-Community Engagement Items 244.88 0.00 0.00 533.56 5066-Homeless Outreach 0.00 0.00 0.00 0.00 5067-Office 675.43 52.76 2,301.24 197.63 5068-PIT Count 0.00 0.00 0.00 0.00 Total 5063-Supplies 920.31 52.76 2,301.24 731.19 5071 -Utilities 5072-Alarm 57.50 57.50 0.00 57.50 5073-Gas&Electric 1,467.36 5,730.01 0.00 1,675.63 5074-Telephone&Internet 434.43 404.43 238.19 599.82 5075-Water 515.92 785.62 522.95 331.99 5071 -Utilities-Other 109.62 150.00 75.00 483.96 Total 5071 -Utilities 2,584.83 7,127.56 836.14 3,148.90 Total Expense 55,398.28 45,328.32 40,770.38 50,597.45 Net Ordinary Income -81,220.37 330,795.78 223,155.13 235,572.82 Other Income/Expense Other Expense 6000-Grant Allocation 6003-Alliance 0.00 0.00 0.00 282.00 6004-Open Door Network 1,724.31 4,540.42 4,107.40 8,569.01 6006-CAPK 15,069.80 20,987.66 0.00 36,316.83 6009-CVAF 0.00 6,080.66 0.00 10,964.27 6010-Flood 0.00 35,822.27 47,649.15 40,923.70 6012-Housing Authority -69,496.00 285,986.24 0.00 1,994.87 6013- K.C.Network for Children 0.00 0.00 1,996.47 0.00 6021 - Kern Health System 0.00 0.00 0.00 63,158.40 Others 584.54 110.00 2,948.49 2,749.33 Total 6000-Grant Allocation -52,117.35 353,527.25 56,701.51 164,958.41 Total Other Expense -52,117.35 353,527.25 56,701.51 164,958.41 Net Other Income 52,117.35 -353,527.25 -56,701.51 -164,958.41 Net Income -29,103.02 -22,731.47 166,453.62 70,614.41 Page 15 Of 36 Page 2 of 4 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Profit & Loss per Month - ALL CLASSES July through December 2024 ElftC REGIONAL HOMELESS COLLABORATIVE Nov24 Dec24 TOTAL Ordinary Income/Expense Income 4000-Grant Income Elevance Health(Anthem) 3,792.38 18,583.32 58,917.70 City of Bakersfield 0.00 0.00 155,000.00 4000-Grant Income-Other 458,889.78 140,329.36 1,218,180.83 Total 4000-Grant Income 462,682.16 158,912.68 1,432,098.53 4200-Individual Contributions 40.00 40.00 455.00 4300- Membership Dues 1,050.00 0.00 12,100.00 4400-Interest Income 16,137.38 15,223.85 105,230.33 4500-In-Kind Donations 1,150.00 1,150.00 6,900.00 Total Income 481,059.54 175,326.53 1,556,783.86 Expense 5001 -Bank&Interest Charges 17.86 2.56 381.34 5003-Computer Supplies&Software 543.57 543.57 3,237.24 5011 -In-Kind Expenses 1,150.00 1,150.00 6,900.00 5013- Liability Insurance 259.63 259.63 1,487.55 5014- Meeting Expense 2,545.25 3,166.34 8,109.92 5019-Payroll Expenses 5020- Executive Director 0.00 0.00 0.00 5022-Administrative Analyst 0.00 0.00 0.00 5023-Administrative Coordinator 4,332.77 4,553.64 27,382.42 5025-BNL Coordinator 4,263.78 4,673.77 18,429.35 5026-Administrative Assistant 1,348.00 1,448.70 9,721.70 5027-Program Administrator 6,943.74 6,943.74 43,831.55 5030-Taxes 1,425.94 1,342.07 7,824.41 5031 -Health Insurance 2,778.61 -136.38 13,403.42 5032-401(K) 847.41 883.99 4,989.22 5033-Worker's Comp 77.79 80.47 460.12 5034-Vacation Accural Expense 600.76 100.21 3,176.09 Total 5019-Payroll Expenses 22,618.80 19,890.21 129,218.28 5042-Printing 254.90 0.00 2,304.61 5043-Professional Develop/Education 2,219.58 3,095.49 8,576.94 5044-Professional Fees 5045-Accounting Fees 8,500.00 5,000.00 39,500.00 5047-Contract Labor 200.00 200.00 1,200.00 5048-Human Relations 560.35 992.43 3,989.65 5049-Information Technology-IT 1,666.67 1,666.67 9,166.68 5050- Legal Fees 833.34 416.67 2,500.02 5051 -Technical Assistance 393.60 393.60 2,715.20 5052-Payroll Processing 480.36 571.72 3,530.96 5054-Grant Writing/Strategic Consult 19,500.00 7,500.00 57,000.00 Total 5044-Professional Fees 32,134.32 16,741.09 119,602.51 5061 - Repair&Maintenance 0.00 0.00 1,165.91 Page 16 Of 36 Page 3 of 4 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Profit & Loss per Month - ALL CLASSES July through December 2024 ElftC REGIONAL HOMELESS COLLABORATIVE Nov24 Dec24 TOTAL 5063-Supplies 5064-Community Engagement Items 635.43 0.00 1,413.87 5066-Homeless Outreach 0.00 33.56 33.56 5067-Office 143.59 273.16 3,643.81 5068-PIT Count 2,171.95 3,566.20 5,738.15 Total 5063-Supplies 2,950.97 3,872.92 10,829.39 5071 -Utilities 5072-Alarm 57.50 57.50 287.50 5073-Gas&Electric 949.59 1,021.19 10,843.78 5074-Telephone&Internet 414.63 414.63 2,506.13 5075-Water 1,416.69 328.75 3,901.92 5071 -Utilities-Other 331.78 211.85 1,362.21 Total 5071 -Utilities 3,170.19 2,033.92 18,901.54 Total Expense 67,865.07 50,755.73 310,715.23 Net Ordinary Income 413,194.47 124,570.80 1,246,068.63 Other Income/Expense Other Expense 6000-Grant Allocation 6003-Alliance 0.00 0.00 282.00 6004-Open Door Network 3,417.33 6,809.76 29,168.23 6006-CAPK 24,463.67 29,733.29 126,571.25 6009-CVAF 18,780.04 0.00 35,824.97 6010-Flood 44,492.07 110,999.39 279,886.58 6012-Housing Authority 370,018.07 10,118.12 598,621.30 6013- K.C.Network for Children 0.00 219.52 2,215.99 6021 - Kern Health System 0.00 0.00 63,158.40 Others 1,510.98 1,032.60 8,935.94 Total 6000-Grant Allocation 462,682.16 158,912.68 1,144,664.66 Total Other Expense 462,682.16 158,912.68 1,144,664.66 Net Other Income -462,682.16 -158,912.68 -1,144,664.66 Net Income -49,487.69 -34,341.88 101,403.97 Page 17 Of 36 Page 4 of 4 1:48 PM Bakersfield Kern Regional Homeless Collaborative 02/04/25 Accrual Basis Grants - Budget vs. Actual Expense July 2019 through December 2024 EOW, REGIONAL HOMELESS COLLABORATIVE Jul'19-Dec 24 Budget $Over Budget Anthem Grant 2023-325 Flex Funds 0.00 50,000.00 -50,000.00 2023-324 Move in Kits 28,917.70 58,000.00 -29,082.30 Total Anthem Grant 28,917.70 108,000.00 -79,082.30 ERF2R Encampments 2023-307 CAPK 71,749.54 139,968.00 -68,218.46 2023-310 HA 4,696,000.00 4,696,000.00 0.00 2023-311 Flood 521,521.29 1,865,454.32 -1,343,933.03 2023-000 Admin-ERF2R 173,726.52 347,453.02 -173,726.50 Total ERF2R Encampments 5,462,997.35 7,048,875.34 -1,585,877.99 HHAP-1 2022 Non-Dedicated 0.00 0.00 0.00 2020-026-A01 CAPK-OS 10,337.94 10,337.94 0.00 2022-001 Alliance-OS 1,929.20 1,929.20 0.00 2022-002 Mission-OS 3,516.80 3,516.80 0.00 2022-004 Dignity-OS 2,744.00 2,744.00 0.00 2022-006 All of Us or None-OS 11,811.92 11,811.92 0.00 2022-007 BHC-OS 26,599.37 26,599.37 0.00 2022-008 Women's Center-OS 180.00 180.00 0.00 2022-019 Flood-OS 20,000.00 20,000.00 0.00 2020-001 BHC-Prev 550,000.00 550,000.00 0.00 2020-002 CVAF-Youth-OS 125,100.38 125,100.38 0.00 2020-003 HA-Incentive 30,000.00 30,000.00 0.00 2020-004 HA-Rent-RA 328,190.02 328,190.02 0.00 2020-005 CAPK-CES 78,000.00 78,000.00 0.00 2020-006 BHC-Housing-RA 50,000.00 50,000.00 0.00 2020-022 BHC-Union-OUTREACH 56,310.00 56,310.00 0.00 2020-032 AAFV-Housing-PH 33,282.00 33,282.00 0.00 2020-033 BHC-Casa-PH 8,082.00 8,082.00 0.00 2020-034 BHC-WayHome-PH 32,234.00 32,234.00 0.00 2020-035 BHC-Housing-RA 5,000.00 5,000.00 0.00 2020-036 CVAF-CARP-PH 22,287.50 22,287.50 0.00 2023-326 Flood 0.00 92,804.50 -92,804.50 2020-000 Admin-HHAP-1 78,337.35 78,337.35 0.00 Total HHAP-1 1,473,942.48 1,566,746.98 -92,804.50 HHAP#2 2022-011 BHC Case Mgmt. 150,000.00 150,000.00 0.00 2022-017 CAPK 200,000.00 200,000.00 0.00 2022-013 BHRS-HMIS 26,916.78 37,066.40 -10,149.62 2022-014 CVAF-Youth-OS 192,001.84 192,001.84 0.00 2022-015A BKRHC-RemovingBarrier 60,366.80 60,366.80 0.00 2022-016 BKRHC-Moving In Kits 50,000.00 50,000.00 0.00 2022-000 Admin-HHAP-2 15,567.89 51,892.96 -36,325.07 Total HHAP#2 694,853.31 741,328.00 -46,474.69 Page 18 Of 36 Pagel of 2 1:48 PM Bakersfield Kern Regional Homeless Collaborative 02/04/25 Accrual Basis Grants - Budget vs. Actual Expense July 2019 through December 2024 11§dmc REGIONAL HOMELESS, COLLABORATIVE Jul'19-Dec 24 Budget $Over Budget HHAP#3 2023-300 Open Door 300,000.00 300,000.00 0.00 2023-301 K.C.Network for Child 25,556.31 60,000.00 -34,443.69 2023-303 HA 363,261.40 940,000.00 -576,738.60 2023-304 Flood 1,855.59 50,000.00 -48,144.41 2023-306 KHS-HMIS 63,158.40 99,530.00 -36,371.60 2023-308 CVAF 53,010.03 212,883.00 -159,872.97 2023-313 CAPK 98,149.41 150,000.00 -51,850.59 2023-000 Admin HHAP-3 69,671.00 139,342.00 -69,671.00 HHAP#3-Other 0.00 38,844.73 -38,844.73 Total HHAP#3 974,662.14 1,990,599.73 -1,015,937.59 HHAP-4 2023-312 Open Door 0.00 300,000.00 -300,000.00 2023-314 Move In Kits 70,947.82 95,030.81 -24,082.99 2023-322 Casa Esperanza 0.00 100,000.00 -100,000.00 2023-000 Admin-HHAP#4 22,373.84 74,579.44 -52,205.60 HHAP-4-Other 0.00 495,810.31 -495,810.31 Total HHAP-4 93,321.66 1,065,420.56 -972,098.90 Kaiser 2.0 2022-020 CVAF-CARP 0.00 21,636.00 -21,636.00 2022-000 Admin-Kaiser2.0 0.00 2,404.00 -2,404.00 Kaiser 2.0-Other 0.00 0.00 0.00 Total Kaiser 2.0 0.00 24,040.00 -24,040.00 TOTAL 8,728,694.64 12,545,010.61 -3,816,315.97 Page 19 Of 36 Page 2 of 2 10:10AM Bakersfield Kern Regional Homeless Collaborative 02/06/25 Accrual Basis Operating Budget vs. Actual July through December 2024 ERIM COLLABORATIVE Jul-Dec 24 Budget $over Budget Ordinary Income/Expense Income 4000 •Grant Income Elevance Wealth(Anthem) 32,000.00 City of Bakersfield 155,000.00 155,000.00 0.00 County of Kern 0.00 155,000.00 -155,000.00 CoC-23 0.00 442,534.00 -442,534.00 4000 •Grant Income-other 100,000.00 0.00 100,000.00 Total 4000 •Grant Income 287,000.00 752,534.00 -465,534.00 4001 •Admin Fees from Grants WWAP-2 0.00 10,378.59 -10,378.59 WWAP-3 0.00 46,447.33 -46,447.33 WWAP-4 0.00 14,915.89 -14,915.89 ERF2R 0.00 115,817.67 -115,817.67 4001 •Admin Fees from Grants-other 0.00 0.00 0.00 Total 4001 •Admin Fees from Grants 0.00 187,559.48 -187,559.48 4100 •Corporate Contributions 0.00 10,000.00 -10,000.00 4200 Individual Contributions 455.00 2,200.00 -1,745.00 4300 Membership Dues 12,100.00 10,500.00 1,600.00 4400 Interest Income 105,230.33 150,000.00 -44,769.67 4500 In-Kind Donations 6,900.00 13,800.00 -6,900.00 Total Income 411,685.33 1,126,593.48 -714,908.15 Expense 5001 Bank&Interest Charges 381.34 1,300.00 -918.66 5003 Computer Supplies&Software 3,237.24 6,500.00 -3,262.76 5008 Dues&Subscriptions 0.00 1,000.00 -1,000.00 5011 In-Kind Expenses 6,900.00 13,800.00 -6,900.00 5013 Liability Insurance 1,487.55 3,500.00 -2,012.45 5014• Meeting Expense 8,109.92 8,500.00 -390.08 5015• Mileage 0.00 2,000.00 -2,000.00 5019 •Payroll Expenses 5020 Executive Director 0.00 130,000.00 -130,000.00 5022 Administrative Analyst 0.00 70,000.00 -70,000.00 5023 Administrative Coordinator 27,382.42 54,000.00 -26,617.58 5025 BNL Coordinator 18,429.35 65,000.00 -46,570.65 5026 Administrative Assistant 9,721.70 20,000.00 -10,278.30 5027 Program Administrator 43,831.55 92,000.00 -48,168.45 5030 •Taxes 7,824.41 30,000.00 -22,175.59 5031 • Wealth Insurance 13,403.42 40,000.00 -26,596.58 5032 •401(K) 4,989.22 17,000.00 -12,010.78 5033 Worker's Comp 460.12 3,500.00 -3,039.88 5034 Vacation Accural Expense 3,176.09 5,500.00 -2,323.91 5035 Market Compensation Adjustment 0.00 40,000.00 -40,000.00 Page 20 of 36 Pagel of 2 10:10AM Bakersfield Kern Regional Homeless Collaborative 02/06/25 Accrual Basis Operating Budget vs. Actual July through December 2024 ERIM COLLABORATIVE Jul-Dec 24 Budget $Over Budget Total 5019 •Payroll Expenses 129,218.28 56 -437,781.72 5041 Postage&Freight 0.00 300.00 -300.00 5042 Printing 2,304.61 5,000.00 -2,695.39 5043 Professional Develop/Education 8,576.94 15,000.00 -6,423.06 5044 Professional Fees 5045 Accounting Fees 39,500.00 80,000.00 -40,500.00 5047 Contract Labor 1,200.00 10,000.00 -8,800.00 5048 Human Relations 3,989.65 8,000.00 -4,010.35 5049 Information Technology-IT 9,166.68 25,000.00 -15,833.32 5050 Legal Fees 2,500.02 5,000.00 -2,499.98 5051 Technical Assistance 2,715.20 5,000.00 -2,284.80 5052 Payroll Processing 3,530.96 5,500.00 -1,969.04 5054 Grant Writing/Strategic Consult 57,000.00 50,000.00 7,000.00 Total 5044•Professional Fees 119,602.51 188,500.00 -68,897.49 5061 • Repair&Maintenance 1,165.91 5,000.00 -3,834.09 5063 •Supplies 5064 Community Engagement Items 1,413.87 5,000.00 -3,586.13 5066 Homeless Outreach 33.56 5067 Office 3,643.81 15,000.00 -11,356.19 5068 PIT Count 5,738.15 20,000.00 -14,261.85 Total 5063 •Supplies 10,829.39 40,000.00 -29,170.61 5071 •Utilities 5072 Alarm 287.50 20,000.00 -19,712.50 5073 Gas&Electric 10,843.78 10,000.00 843.78 5074 Telephone&Internet 2,506.13 7,500.00 -4,993.87 5075 Water 3,901.92 5,000.00 -1,098.08 5071 Utilities-Other 1,362.21 4,100.00 -2,737.79 Total 5071 •Utilities 18,901.54 46,600.00 -27,698.46 Total Expense 310,715.23 904,000.00 -593,284.77 Net Ordinary Income 100,970.10 222,593.48 -121,623.38 Net Income 100,970.10 222,593.48 -121,623.38 Page 21 of 36 Page 2 of 2 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Balance Sheet As of December 31, 2024 E0111 ftla l� o REGION IL HOMELESS COLLABORATIVE Jul 31,24 Aug 31,24 Sep 30,24 Oct 31,24 ASSETS Current Assets Checking/Savings 1000- Mission Operating#4975 482,716.97 399,289.64 313,768.72 282,311.22 1002- Mission Money Mkt#6773 100,351.50 100,374.18 100,317.49 100,351.09 1003- Mission ICS#773 5,380,492.73 5,401,843.90 4,775,330.59 4,794,039.98 Total Checking/Savings 5,963,561.20 5,901,507.72 5,189,416.80 5,176,702.29 Accounts Receivable 11000-"Accounts Receivable 245,697.00 245,697.00 245,697.00 245,697.00 Total Accounts Receivable 245,697.00 245,697.00 245,697.00 245,697.00 Total Current Assets 6,209,258.20 6,147,204.72 5,435,113.80 5,422,399.29 Other Assets 1400-Prepaid Expenses 1401 -Human Relations 1,350.00 1,181.25 1,012.50 843.75 1402- Liability Insurance 472.45 236.24 3,115.54 2,855.91 1403-IT Subscription 1,250.00 0.00 18,333.33 16,666.66 Total 1400-Prepaid Expenses 3,072.45 1,417.49 22,461.37 20,366.32 Total Other Assets 3,072.45 1,417.49 22,461.37 20,366.32 TOTAL ASSETS 632123330.65 631483622.21 534573575.17 534423765.61 LIABILITIES&EQUITY Liabilities Current Liabilities Accounts Payable 1500-Accounts Payable 549,404.42 861,422.95 90,513.84 173,365.25 Total Accounts Payable 549,404.42 861,422.95 90,513.84 173,365.25 Credit Cards 1600- MasterCard#4073 1,513.05 1,913.03 3,676.15 298.34 Total Credit Cards 1,513.05 1,913.03 3,676.15 298.34 Other Current Liabilities 1900-Accrued Vacation Leave 9,294.21 9,425.98 9,772.82 9,833.66 2000-Deferred 2002-State of California-HHAP#1 108,356.49 108,356.49 108,356.49 107,922.62 2005-State of California-HHAP#2 10,149.62 10,149.62 10,149.62 10,149.62 2006-State of California-Admin#2 20,757.19 20,757.19 20,757.19 20,757.19 2007-State of California-HHAP#3 1,490,498.87 1,468,792.41 1,468,792.41 1,369,411.34 2008-State of California-Admin#3 92,894.67 92,894.67 92,894.67 92,894.67 2009-State of California-HHAP#4 953,723.64 946,721.73 938,249.37 927,075.27 2010-State of California-Admin#4 59,663.55 59,663.55 59,663.55 59,663.55 2016- Kaiser 2.0 24,040.00 24,040.00 24,040.00 24,040.00 2018- ERF2R-Encampment 1,986,401.19 1,661,582.31 1,615,353.16 1,565,925.79 2019- ERF2R-Admin 231,635.35 231,635.35 231,635.35 231,635.35 2020- Elevance Health(Anthem) 90,000.00 90,000.00 56,000.00 51,458.00 2021 -Anthem-Admin 10,000.00 10,000.00 10,000.00 10,000.00 Page 22 Of 36 Page 1 of 4 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Balance Sheet As of December 31, 2024 E0111 ftla l� o REGION IL HOMELESS COLLABORATIVE Jul 31,24 Aug 31,24 Sep 30,24 Oct 31,24 Total 2000-Deferred 5,078,120.57 4,724,593.32 4,635,891.81 4,470,933.40 Total Other Current Liabilities 5,087,414.78 4,734,019.30 4,645,664.63 4,480,767.06 Total Current Liabilities 5,638,332.25 5,597,355.28 4,739,854.62 4,654,430.65 Total Liabilities 5,638,332.25 5,597,355.28 4,739,854.62 4,654,430.65 Equity 3200-Unrestricted Net Assets 603,101.42 603,101.42 603,101.42 603,101.42 Net Income -29,103.02 -51,834.49 114,619.13 185,233.54 Total Equity 573,998.40 551,266.93 717,720.55 788,334.96 TOTAL LIABILITIES&EQUITY 632123330.65 631483622.21 53457,575. 77 534423765.61 Page 23 Of 36 Page 2 of 4 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Balance Sheet As of December 31, 2024 E0111 ftla l� o REGION IL HOMELESS COLLABORATIVE Nov 30,24 Dec 31,24 ASSETS Current Assets Checking/Savings 1000- Mission Operating#4975 107,774.55 347,806.92 1002- Mission Money Mkt#6773 100,338.80 100,327.19 1003- Mission ICS#773 4,860,939.65 4,054,769.13 Total Checking/Savings 5,069,053.00 4,502,903.24 Accounts Receivable 11000-"Accounts Receivable 245,697.00 245,697.00 Total Accounts Receivable 245,697.00 245,697.00 Total Current Assets 5,314,750.00 4,748,600.24 Other Assets 1400-Prepaid Expenses 1401 -Human Relations 675.00 506.25 1402- Liability Insurance 2,596.28 2,336.65 1403-IT Subscription 14,999.99 13,333.32 Total 1400-Prepaid Expenses 18,271.27 16,176.22 Total Other Assets 18,271.27 16,176.22 TOTAL ASSETS 533333021.27 437643776.46 LIABILITIES&EQUITY Liabilities Current Liabilities Accounts Payable 1500-Accounts Payable 521,629.41 146,937.33 Total Accounts Payable 521,629.41 146,937.33 Credit Cards 1600- MasterCard#4073 3,858.93 3,460.55 Total Credit Cards 3,858.93 3,460.55 Other Current Liabilities 1900-Accrued Vacation Leave 10,434.42 10,534.63 2000-Deferred 2002-State of California-HHAP#1 102,922.62 92,804.50 2005-State of California-HHAP#2 10,149.62 10,149.62 2006-State of California-Admin#2 20,757.19 20,757.19 2007-State of California-HHAP#3 962,906.23 946,266.59 2008-State of California-Admin#3 92,894.67 92,894.67 2009-State of California-HHAP#4 922,181.32 919,893.30 2010-State of California-Admin#4 59,663.55 59,663.55 2016- Kaiser 2.0 24,040.00 24,040.00 2018- ERF2R-Encampment 1,523,435.07 1,412,151.49 2019- ERF2R-Admin 231,635.35 231,635.35 2020- Elevance Health(Anthem) 97,665.62 79,082.30 2021 -Anthem-Admin 10,000.00 10,000.00 Page 24 Of 36 Page 3 of 4 Accrual Basis Bakersfield Kern Regional Homeless Collaborative Balance Sheet As of December 31, 2024 E0111 ftla l� o REGION IL HOMELESS COLLABORATIVE Nov 30,24 Dec 31,24 Total 2000-Deferred 4,05 3,899,338.56 Total Other Current Liabilities 4,068,685.66 3,909,873.19 Total Current Liabilities 4,594,174.00 4,060,271.07 Total Liabilities 4,594,174.00 4,060,271.07 Equity 3200-Unrestricted Net Assets 603,101.42 603,101.42 Net Income 135,745.85 101,403.97 Total Equity 738,847.27 704,505.39 TOTAL LIABILITIES&EQUITY 533333021.27 437643776.46 Page 25 Of 36 Page 4 of 4 i k f i i { k f i f i III f Mi I i�� M� Mf1 EM�M�M.I REGIONAL H M E L E� S »»»»»»»»»»»>IIIII Il1l1l1i11l 11l1llllllllll++ 4a, CLLRTIE FINANCIAL REPORT �, � IIIIIIIIIII;{IIIIIIIIIIIII+p June 30, 2024 i i ���� r rrrrr� rr�I4 ro,�,I4ili �l Page 26 of 36 CONTENTS INDEPENDENT AUDITOR'S REPORT 1-2 FINANCIAL STATEMENTS Statements of financial position 3 Statements of activities 4 Statements of cash flows 5 Statements of functional expenses 6 Notes to financial statements 7-9 Page 27 of 36 /rF DANIEL S PHIILLIPS �VAUGHAN & BOCK CPAs and Advisors Member of AICPA Division for Firms Private Companies Practice Section PATRICK W.PAGGI INDEPENDENT AUDITOR'S REPORT To the Board of Directors Bakersfield-Kern Regional Homeless Collaborative Bakersfield, California Opinion We have audited the financial statements of Bakersfield-Kern Regional Homeless Collaborative (the Collaborative), which comprise the statements of financial position as of June 30, 2024 and 2023, the related statements of activities, cash flows and functional expenses for the years then ended, and the related notes to the financial statements. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Collaborative as of June 30, 2024 and 2023, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Basis for Opinion We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Collaborative and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Collaborative's ability to continue as a going concern within one year after the date that the financial statements are issued or available to be issued. -1- 300 New Stine Road—Bakersfield,CA 93309—Tel.661.834.7411—Fax.661.834.4839—www.dpvb.com Page 28 of 36 Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. In performing an audit in accordance with GAAS, we: • Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Collaborative's internal control. Accordingly, no such opinion is expressed. • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. • Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Collaborative's ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control—related matters that we identified du/riinnfig the audit. DGvYVL?/CrC/y I f'VLC�f/V}� & -5'O C4 Bakersfield, California January 31,2025 -2- Page 29 of 36 BAKERSFIELD-KERN REGIONAL HOMELESS COLLABORATIVE STATEMENTS OF FINANCIAL POSITION June 30, 2024 and 2023 2024 2023 ASSETS Current Assets Cash and cash equivalents $ 6,090,329 $ 3,393,057 Grants receivable 245,697 21,474 Prepaid expenses 4,728 3,822 Total assets $ 6,340,754 $ 3,418,353 LIABILITIES AND NET ASSETS Current Liabilities Accounts payable $ 704,291 $ 149,419 Accrued expenses 7,359 10,847 Deferred revenue 5,026,004 2,868,800 Total current liabilities 5,737,654 3,029,066 Commitment (Note 5) Net Assets Without Donor Restrictions 603,100 389,287 Total liabilities and net assets $ 6,340,754 $ 3,418,353 See Notes to Financial Statements. - 3- Page 30 of 36 BAKERSFIELD-KERN REGIONAL HOMELESS COLLABORATIVE STATEMENTS OF ACTIVITIES Years Ended June 30, 2024 and 2023 2024 2023 Revenue and support: Contracts and grants $ 6,784,738 $ 1,352,157 Contributions: Cash 18,585 22,779 In-kind (Note 1) 13,800 13,800 Membership dues 11,742 11,250 Interest 218,684 49,209 Total revenue and support 7,047,549 1,449,195 Expenses: Programs 6,709,376 1,468,244 General and administrative 124,360 110,950 Total expenses 6,833,736 1,579,194 Change in net assets without donor restrictions 213,813 (129,999) Net assets without donor restrictions, beginning 389,287 519,286 Net assets without donor restrictions, ending $ 603,100 $ 389,287 See Notes to Financial Statements. -4- Page 31 of 36 BAKERSFIELD-KERN REGIONAL HOMELESS COLLABORATIVE STATEMENTS OF CASH FLOWS Years Ended June 30, 2024 and 2023 2024 2023 Cash Flows From Operating Activities Change in net assets without donor restrictions $ 213,813 $ (129,999) Changes in assets and liabilities: (Increase) decrease in: Grants receivable (224,223) 191,568 Prepaid expenses (906) (167) Increase (decrease)in: Accounts payable and accrued expenses 551,384 (13,907) Deferred revenue 2,157,204 774,754 Net cash provided by operating activities 2,697,272 822,249 Net increase in cash and cash equivalents 2,697,272 822,249 Cash and cash equivalents: Beginning 3,393,057 2,570,808 Ending $ 6,090,329 $ 3,393,057 See Notes to Financial Statements. - 5- Page 32 of 36 O M — LC) — qt r- I-- lqt N O 0 O O LC) LO O LO M O N LO M LO 0 O N M N O N r- M 0 0 0 M r- r- - LC) LC) 0.) � 0.) N M O Nq�t co O M O I-- 1-- O (0 N qqt N — — — — I-- 00 N — LC) 60- 60- O M — O — O 0 O 0 LC) O LC) O r� O O O � M LC) O ' ' ' 00 O 00 LC) CO CO 00 — O — O M O � � LC) LC) CA M .L N (9 O LC) O N LC) O N N � — N 4) E E Q 60 60 M O O LC) O LC) — Mqqt 0 0 0 LC) O qqt LC) N LC) M O O N r� O LC) O N LC) O � Mqqt 00 00 O N O (0 00 r- (14 LC') (14 (0 00 N _ 00 -� N M O 00 r- LC) q;t LC) N M N — — — (0 p) 00 N O a_ fA fA le to ti Cl O T- to Lo 1� to O 00 N 1'. toLp to0) 1� CO CO CDLO CO N � T- CD1* CO NM 00 Cl M — M I M ti O M N M O W W 1- ,t ti to to 00 to -* M 00 1-. O 00 M N N N M W ++ CO LO O 1� Cl Cl N N N Cl) > O Cl) M (C) Q O O O ('7 0 (Y) m -a > 00 O O T" O M 1,- N 00 LO O O N Q = ' T- O ' O W to M to N ' ' O ' O 00 Oco ' to O O O M M O M N M qe M (6 J N " qe qe Lt) P.- N M N Ito N O N = ;_ cn (' 'a Q ff} ff} W J W cn qeCOti Cl) qeOONOqeOCO I,- CO O to LO O O Cl) O O O N O O qe O N O ' ti M N N qe 00 CO CD qe M 00 O N Lp M M O Z E O ti M O 00 Lp O O ti O M N O N O W i CO LO 1,- N N N O O O M 1l. J X N o c4 c4 Z W Na.N W O H 0 E Z U N a, Z c c 111 Cl) U) ., a� > E � c 0- N c o 0 0 3 acne °? o Q c J S > co L c 0) U W L cn c L.L LL Z O O O O WCO O U W W (n L E Co (n E o Y Q C Q U :� Q Q H N E Co O O cn � Co m fn � (Dcna" U SU) am ry- 0a- Da_ fl� 0 (n BAKERSFIELD-KERN REGIONAL HOMELESS COLLABORATIVE NOTES TO FINANCIAL STATEMENTS Note 1. Nature of the Collaborative and Significant Accounting Policies Nature of activities: Bakersfield-Kern Regional Homeless Collaborative (the Collaborative) is a not-for- profit organization, formed September 25, 2019, whose mission is to put an end to homelessness in Kern County through collaborative planning and action. The Collaborative is designated as the Bakersfield / Kern County CA-604 Continuum of Care, designed to promote community-wide commitment to the goal of ending homelessness; provide funding for efforts by nonprofit providers, and state and local governments to quickly rehouse homeless individuals and families. Together they are a collective action, committed to ending homelessness. The members of the Collaborative strive towards "housing first". When people are housed first basic needs are met faster, helping them live independently and minimizes the costs to communities. A summary of the accounting policies are as follows: Basis of presentation: The financial statements of the Collaborative have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP"), which require the Collaborative to report information regarding its financial position and activities according to the following net asset classifications: Net assets without donor restrictions: Net assets that are not subject to donor-imposed restrictions and may be expended for any purpose in performing the primary objectives of the Collaborative. These net assets may be used at the discretion of the Collaborative's management and the board of directors. Net assets with donor restrictions: Net assets subject to stipulations imposed by donors, and grantors. Some donor restrictions are temporary in nature; those restrictions will be met by actions of the Collaborative or by the passage of time. Other donor restrictions are perpetual in nature, where by the donor has stipulated the funds be maintained in perpetuity. Donor restricted contributions are reported as an increase in net assets with donor restrictions. When a restriction expires, net assets are reclassified from net assets with donor restrictions to net assets without donor restrictions in the statements of activities. Measure of operations: The statements of activities reports all changes in net assets, including changes in net assets from operating and nonoperating activities. Operating activities consist of those items attributable to the Collaborative's ongoing activities. Nonoperating activities are limited to resources that are more unusual or nonrecurring in nature. Use of estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and cash equivalents: For purposes of reporting cash flows, the Collaboration considers all cash accounts and money market accounts which are not subject to withdrawal restrictions or penalties to be cash equivalents. The Collaborative maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Collaborative has not experienced any losses in such accounts. The Collaborative believes it is not exposed to any significant credit risk on cash and cash equivalents, and has adopted an insured cash sweep account to minimize the credit risk on cash and cash equivalents. - 7- Page 34 of 36 BAKERSFIELD-KERN REGIONAL HOMELESS COLLABORATIVE NOTES TO FINANCIAL STATEMENTS Grants receivable: The Collaborative's receivables relate to cost-reimbursements provided under contracts and grants with the County of Kern, State of California, U.S. Department of Housing and Urban Development as well as private foundations. Revenue and support: Contributions received and unconditional promises to give are measured at their fair values and are reported as an increase in net assets. The Collaborative reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit the use of the donated assets, or if they are designated as support for future periods. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, net assets with donor restrictions are reclassified to net assets without donor restrictions and reported in the statements of activities as net assets released from restrictions. Donor-restricted contributions whose restrictions are met in the same reporting period are reported as support without donor restrictions. Donated facilities: In-kind contributions for each of the years ended June 30, 2024 and 2023 totaled $13,800 and has been recognized in the statements of activities as in-kind revenue and occupancy expense. Facility donations are recorded and reflected in the accompanying financial statements at their fair values at the date of receipt. Public relations and advertising: Public relations and advertising costs are expensed when incurred. Public relations and advertising costs amounted to $2,527 and $4,740 for the years ended June 30, 2024 and 2023, respectively. Income taxes: The Collaborative is a not-for-profit corporation and has been recognized as tax exempt pursuant to Section 501(c)(3) of the Internal Revenue Code and related California Franchise Tax Board code sections. Under the accounting standard guidance on accounting for uncertainty in income taxes, which address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements, the Collaborative may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Collaborative's tax positions and concluded that they had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Functional allocation of expenses: The cost of providing the various programs and other activities are summarized on a functional basis in the statements of activities. Management allocates costs between general and administrative or the appropriate program based on evaluations of the related benefits. General and administrative expenses include those expenses that are not directly identifiable with any other specific function but provide for the overall support and direction of the Collaborative. Indirect expenses, such as utilities, are allocated based on the amount of square footage each program occupies in the building. Subsequent events: Management has evaluated subsequent events through January 31, 2025, the date on which the financial statements were available to be issued. There were no subsequent events identified by management that would require disclosure in the financial statements. - 8- Page 35 of 36 BAKERSFIELD-KERN REGIONAL HOMELESS COLLABORATIVE NOTES TO FINANCIAL STATEMENTS Note 2. Financial Assets and Liquidity of Resources The following table represents the Collaborative's financial assets at June 30, 2024 and 2023, reduced by amounts not available for general expenditure within one year. Financial assets are considered unavailable if they represent funds held for other agencies and net assets with donor restrictions. 2024 2023 Financial assets: Cash and cash equivalents $ 6,090,329 $ 3,393,057 Grants receivable 245,697 21,474 Financial assets available to meet general expenditures over the next twelve months $ 6,336,026 $ 3,414,531 The Collaborative's goal is to meet operating needs as they come due. Note 3. Concentrations of Revenue For the year then ended June 30, 2024, 85% of the Collaborative's revenue was received from one grantor agency. For the year then ended June 30, 2023, 93% of the Collaborative's revenue was received from three grantor agencies. Management believes the contracts will be renewed on an ongoing basis. Note 4. Retirement Plan The Collaborative has established a salary deferral plan under section 401(k) of the Internal Revenue Code. The plan allows eligible employees to defer a portion of their compensation ranging from 1% to 91%. Such deferrals accumulate on a tax deferred basis until the employee withdraws the funds. The Collaborative is required to match a portion of the employees' contribution. For 2024 and 2023, the rate of the Collaborative match was 5%. Total expense recorded for the Collaborative's match was $18,216 and $14,062 for the years ended June 30, 2024 and 2023, respectively. Note 5. Commitment The Collaborative has a lease agreement with the County of Kern to occupy office space for a three-year period, with an option to extend for an additional two-year period. The agreement requires the Collaborative to operate and maintain the premises in exchange for occupying the facility rent free. - 9- Page 36 of 36