FINANCIAL SUMMARY
Refugee & Immigrant Transitions has systematically grown our programs and funding in the Bay Area. We have worked strategically to diversify our revenue base to ensure sustainability. We receive support from individuals, community partners, foundations, corporations, and government sources. See our list of supporters here. Our fiscal year is July 1 to June 30.
FY 2022-2023 Support and Revenue
$2,606,116 (Audited)
Government: $1,087,824
Partner Contract Revenue: $160,931
Individuals: $447,807
Foundations and Corporations: $879,597
In-kind: $22,845
Other: $7,112
FY 2022-2023 Expenses
$2,509,902 (Audited)
Program: $2,187,538
Management and General: $176,096
Fundraising: $146,268
FY 2022-2023: Nonprofit Annual Economic Statement
The FY 2023-2024 audit will be conducted in early 2025 and finalized/ published by July 2025.
1. Name of the CEO or employee who has daily managerial responsibilities:
Jane Pak and Laura Vaudreuil, Co-Executive Directors
2. Names of officers and directors, and all other boards of directors on which they serve:
3. Total budget and expenditures, and a program-by-program description of all monies expended or budgeted during calendar or fiscal year:
FY 2022-2023 (year of latest finalized audit):
Adult Services: expended $1,444,903
Approx. 1000 adults enrolled in our English Language and Literacy Program and Adult Newcomer Community Engagement Program. Our priority student population are adults reading at four English language levels: Literacy, Low Beginner, High Beginner, and Low Intermediate. (Levels according to the National Reporting System for Adult Education.) RIT students gain English, vocational, and other critical skills, and often outperform California state averages for English learners. In addition, RIT provides multilingual and multicultural case worker support to help families navigate systems, connect to community resources, and adjust to their new lives in the U.S.
Youth Services: expended $742,635
Approx. 950 youth participated in our Bridge-2-Success Youth Development Program and Youth Newcomer Community Engagement Program. RIT’s program helps newcomer youth connect and engage with schools and communities, stay in school and graduate, and access youth leadership opportunities.
Mission Support Expenses: expended $322,364
Our mission support expenses (management and general + fundraising) includes expenses that are critical for the functioning of the agency and successful program delivery. These include rent, fringe benefits, liability insurance, impact data collection, administrative support, HR, fundraising, and communications.
FY 2022-2023 (year of latest finalized audit):
Budget: $2,776,000
Annual Report: Please view here
4. Letter from the IRS showing valid nonprofit status:
5. Organization's most recent federal tax return filed under Section 990:
6. Verification of current valid registration with the State of California’s Registry of Charitable Trusts:
7. Audited financial statements: