Here’s how we spend the money…
FY 2016-2017 Revenue FY 2016-2017 Expenses
…because transparency is important to us.
As trusted stewards of all financial contributions, Respite Care is committed to complete transparency, efficiency and accountability. We encourage you to learn more about how your donation is put to work:
HOW IS YOUR DONATION SPENT?
As an organization that doesn’t receive any state or federal funding, the majority of our budget comes from the generosity of our local community. We work hard to supplement the remaining budget with program revenue and fundraising events, being mindful to keep our costs per dollar raised below charity rating agencies and local funders’ recommended amounts:
All of our expenses go towards supporting our mission of providing quality care for children with developmental disabilities. Due to the unique, specialized nature of care required, in conjunction with our commitment to providing our parents complete peace of mind while their child is in our care, we do our best to adhere to a 2:1 staffing ratio. Therefore, payroll is by far our largest expense. Our cost to provide this care is significantly higher than annually raised through program revenue. It’s important to us to be able to offer this care to our families at an affordable rate, which is why our parents pay on a sliding fee scale according to their income. On average, parents pay only $4.50 per hour, per child. Your donation dollars allow us to subsidize the gaping difference, and increasing our ability to meet the needs of families in Larimer County. Thanks to you and our community, we are providing over 59,000 hours of care annually.
Don’t just take our word for it…
DOWNLOAD OUR FINANCIAL DOCUMENTS BELOW.
Respite Care, Inc is a 501 (c)(3) nonprofit organization. We’re externally audited, and all of our financial documents are available for review: