Exalta Health Annual Report
October 1, 2018 – September 30, 2019

1,099

Medical Patients Served

1,210

Dental Patients Served

8,691

Total Services Provided

Exalta Health is committed to serving people and families of any ethnicity, language, gender, disability, religion or creed. Thanks to our strong community support, 2019 was a year of growth. We are grateful to our supporters. Thanks to you, we’re making a difference.

Financial

INCOME

TOTAL: $1,695,225

Donations $1,247,269
Services $353,929
Other $94,027
TOTAL $1,695,225

DONATIONS

TOTAL: $1,247,269

Individuals $235,487
Foundations $412,841
Corporations $114,352
Donated Services $255,493
Churches $60,005
Special Events $168,091
TOTAL $1,247,269

“I am very thankful for this place. The mission you have is incredible.”

Dawn, Exalta Health Patient

EXPENSES

TOTAL: $1,817,849

Salaries & Benefits $1,064,676
Donated Services $196,548
Labs/Medical Supplies $168,992
Facility, Equipment, Utilities & Maintenance $43,066
Office Supplies, Dues & Training  $37,026
Contracted Services $12,500
Legal & Accounting $114,965
Printing & Postage $31,495
Insurance (Building & Liability) $17,859
Bank Fees & Interest $15,087
Strategic Planning $13,290
Other  $62,092
TOTAL $1,817,849

Program Services $1,262,249
Management & General $481,958
Fundraising $73,642
TOTAL $1,817,849

Assets & Liabilities

Statements of Financial Position

September 30, 2019, compared to September 30, 2018

ASSETS

2019 2018

Current Assets

Cash and cash equivalents $101,657 $227,797
Prepaid expenses $6,302 $4,525
Total current assets  $107,859  $232,322

Property & Equipment

Land $20,000 $20,000
Building $882,313 $874,766
Medical equipment $22,976 $16,017
Office equipment and furniture $85,736 $87,411
Dental equipment $121,432 $79,343
Total property and equipment $1,132,457 $1,077,537
Less accumulated depreciation $597,875 $573,350
Net property and equipment $534,582 $504,187
TOTAL ASSETS $642,441  $736,509

Liabilities & net assets

2019 2018

Current Liabilities

Accounts payable $39,433 $29,501
Short-term borrowings $40,000
Accrued payroll and payroll taxes $38,675 $29,098
Current portion of long-term debt $1,039 $36,130
Total current liabilities $119,147 $94,729
Long-term debt, net of current portion $4,138
Total liabilities $123,285  $94,729

Net Assets

Unrestricted $437,364 $509,979
Temporarily restricted $81,792 $131,801
Total net assets $519,156 $641,780
Total liabilities & net assets $642,441 $736,509

Complete Audited Financials are available upon request. Contact Thressa Hoekstra at thoekstra@exaltahealth.org.