Accounting 57: Not-For-Profit

Pregnancy Care Center (PCC) is a privately funded faith based - non denominational community service organization chartered as a nonprofit 501(c)(3) under the United States Internal Revenue Code 26 U.S.C 501(c). PCC Mission statement: We Care The Pregnancy Care Center exists to make sure that women are provided with the support they need as they face crucial decisions regarding their pregnancy. PCC offers caring and compassionate help through education, peer counseling, and practical assistance. As part of their community outreach; all facility services are provided free of charge and confidential including the following: Free pregnancy testing with immediate results. Pregnancy option counseling with ongoing support. Ultrasound exams, Community resources and referrals. Classes on Parenting, Childbirth and Nutrition. Infant resources, clothing and care supplies. Healthy Options Prevention Education (Hope Team) Support groups for post abortion and pregnancy loss. PCC is managed by executive director and support staff members; noting that most staff work part time (4-30 hours) on flexible schedules. Organization is governed by a Board of Directors and members serving rotating 3-year terms. Board consists of area community leaders and licensed professionals including Attorneys, Doctors and Accountants. Clinical operations are supervised by board member MD who offers his services at no charge. Board Member CPA provides financial accounting supervision at no charge. PCC has two physical locations to serve the community Downtown Center is located near the City Medical Center and adjacent to a Family Planning Clinic. A new satellite location recently opened in north Professional Center. PCC also funds Hope in Action which is a fully-equipped mobile ultrasound clinic serving the rural areas of Central Valley; staffed by Pregnancy Care Center medical personnel and volunteers.

PCC is privately funded and operates on a fiscal year July June. Last year the center(s) serviced 2,884 clients with 5,000+ clinic visits. The 2012 2013 yearly budgets are funded through area Churches, Community Fundraising, Private Donations and Foundations. Limited public grants are available and have been approved, but unfortunately remain unfunded noting PCC does not actively pursue public grants due to governmental requirements and restrictions regarding faith based teaching alternatives to birth control and abortion services. As a private non-profit, Pregnancy Care Center follows basic FASB reporting guidelines and prepares operating financial reports on a full accrual accounting method with operating items. Fixed Assets and Depreciation methods and schedules are maintained by supervising CPA firm. PCC Bookkeeping Staff and Executive Director have limited accounting exposure; hence deferring to the accounting methods decision to the Board of Directors and CPA firm. Fund sources and types include: General Income general unrestricted use. Source: Churches & Private contributions. Fundraising Projects restricted / assigned uses. Source: Dedicated fundraising projects. Mobile Ultrasound Clinic restricted use. Source: Private Donations & Foundations. North Satellite Center Clinic restricted / assigned use. Source: Churches & Private Donations. Operating budget is based upon prior year revenues of forecasted donations and estimated expenses, final budget is prepared and appropriations approved by Board of Directors in May June for July fiscal year. Current Profit & Loss Budget vs. Actual financials report year to date spending exceeding revenues with the recent opening of the Satellite Center. Undertaking this expansion of services is a large financial commitment to which Executive Director and Board of Directors have fully embraced. While Balance Sheet Financials were not available, the Staff Bookkeeper and Executive Director assured that the Pregnancy Care Center has adequate reserves to continue their outreach mission unimpeded. Executive Director noted donation demographics have shifted over the past few years as large corporate block giving has decreased; however private (smaller increment / general public) and foundation donations increased. PCC Board of Directors works directly with a CPA Accounting firm for preparation of the annual financial audits noting all bookkeeping / accounting practices and tax filings are reviewed by CPA firm serving as a current board member. Center bookkeeping and accounting staff uses Quick Books Not for Profit accounting software with direct file linking to the CPA firm. Again, only limited financial information (no balance sheets) was provided by bookkeeping / accounting staff for review to prepare this written overview.