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: 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: RIT Board of Directors

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 2023-2024 (formal audit to be completed by: mid-year 2025):

Budget: $2,776,000

Annual Report: Please view here

4. Letter from the IRS showing valid nonprofit status: Click here to view

5. Organization's most recent federal tax return filed under Section 990: Click here to view

6. Verification of current valid registration with the State of California’s Registry of Charitable Trusts: Click here to view

7. Audited financial statements: Click here to view