FINANCES
For a non-profit organization that provides largely State
funded services, EBI held up well in the face of the fourth consecutive
year of the California State Budget Crisis. EBI’s revenues grew from
$2.3 million dollars in 2004 to $2.58 million in fiscal year 2005, a
12% increase. EBI successfully secured grants from private foundations
and received $160,000 to support EBI’s programs.
Individual donor
contributions brought in $32,610 for the year (up 83% from the previous
year). This increased
revenue allowed us to keep pace with increases
in expenses, a total increase of 9%, driven by double digit increases
in worker’s
compensation premiums, health benefit premiums and liability insurance
premiums. EBI administrative operations stayed at a relatively low portion
of overall expenses 11.3%.
Looking towards the future, the Board of Directors of East Bay Innovations established an endowment. The goal of the endowment is through donor planned giving to grow the principal to a size where the income can help support agency operations.
| By the Numbers | ||||
| Revenue | Expenses | |||
|---|---|---|---|---|
| Supported Living Services | $1,493,056 | Programs | $2,209,390 | |
| Independent Living Services | $488,917 | Administration | $285,393 | |
| Employment Services | $368,509 | Fundraising | $21,598 | |
| Youth Empowerment | $25,830 | Total Expenses | $2,516,381 | |
| Grants | $171,497 | |||
| Cash Donations | $32,610 | |||
| Interest | $1,765 | |||
| Total Revenue | $2,582,184 | Change in Net Assets | $65,803 | |
PROGRAMS REPORT
Employment Services
The purpose of the Employment Services program is to assist
people with disabilities, mostly people with developmental disabilities,
to obtain a job that is a match for each client’s interests, skills
and experience. Once a job is found EBI provides
on-the-job training and support to help each person to become successful.
This year EBI found jobs
for 33 people, the highest amount ever, at an average wage of $10.10 per
hour.
94% of the people placed in jobs stayed on the job for 90 days or more (Department
of Rehabilitations standard for a successful placement). Grocery and Retail jobs
were the industries that experienced the most placements accounting for 57%.
EBI continued its commitment
to assisting young adults with disabilities to transition from school to a job
by assisting 6 people to obtain employment within 6 months of leaving school.*
EBI also established a Business
Advisory Council (BAC) made
up of volunteer business professionals. Currently the BAC has
14 members who perform general outreach to the business community to help heighten
awareness of the value of people with disabilities as employees. BAC activities
led to 2 job opportunities for people we serve during the first six months of
the BAC’s existence. **
Independent Living Services
Independent Living Services (ILS)
assists people with developmental disabilities to live on their own through
teaching the people we serve independent living skills and by providing
an array of support and advocacy services.
This year ILS increased the number of people receiving services from 68 to
76. Among the people served 33% were people of color. EBI’s ILS program
continued to effectively assist people to access affordable housing, only four
people served were paying over 50% of their income for housing.
Encouraging the people we serve to live a healthy lifestyle is a constant commitment
of EBI. To this end, the ILS program
assisted 85% of the people served attend an annual physical exam and 61% to
attend an annual dental exam.
Supported Living Services
Supported Living Services (SLS)
also assists people with developmental disabilities to live on their own,
but SLS serves people
who typically need more support than ILS and
some people EBI serves need
24-hour support to live well on their own.
This year SLS increased
the number of people served to 31 (up from 28). 30 out of the 31 people served
through SLS have affordable
housing, with only one person paying more than 50% of their income towards
rent.
Encouraging people to monitor their health, SLS assisted
84% people served to attend a physical and 81% to attend a dental exam.
Continuing to be challenged by low State funding for the service, the SLS staff
turnover rate increased from 39% to 46% for the year.
*Program support from the Special Hope Foundation;
** Program support from State Council on Developmental Disabilities