Representative Town Meeting Budget and Special Meeting - DAY 2 (linked)

SAFE FUTURES

TOWN OF WATERFORD
15 Rope Ferry Road
Waterford, CT 06385
860-442-0553
SOCIAL SERVICES GRANT FUNDING REQUEST
ORGANIZATION NAME: Safe Futures, Inc.
REQUEST DATE (FISCAL YEAR): FY 2024
REQUESTED AMOUNT: $6,500
BENEFIT STATEMENT (Describe how these funds will be used)
Funding from this request to the Town of Waterford will be used to continue to provide crisis
intervention services, including: access to 24/7 hotline answered by certified domestic violence
counselor; 24/7 Lethality Assessment Program hotline for law enforcement answered by domestic
violence counselor, immediately connecting victim to services; emergency domestic violence shelter;
and court support services for Waterford residents who are victims of domestic violence, sexual
assault, stalking, and trafficking and seek services from Safe Futures in Fiscal Year 2024 (July 1, 2023-
June 30, 2024).
Per Town of Waterford Budget Guidelines: please attach a certified audit report of all funds
appropriated during the last completed fiscal year to your funding request.
DECLARATION
|, the requester, understand that | am requesting public funds from the Town of Waterford.
| declare that this request does not pose any potential conflict with the Town of Waterford
and | will provide any documentation requested by the Town of Waterford to authorize
funding this request or review the appropriateness of the request.
—_ ef I} 22
Signature: Katherine Verano, Chief Executive Officer Daté :

Safe
Futures
Saving Lives. Restoring Hope. Stopping Abuse.
December 7, 2022
Robert J. Brule
First Selectman
15 Rope Ferry Road
Waterford, CT 06385
RE: Fiscal Year 2024 Budget Request
Dear First Selectman Brule,
Safe Futures, Inc., formerly the Women’s Center of Southeastern Connecticut, Inc., respectfully
requests $6,500 for the Fiscal Year 2024 (July 1, 2023 - June 30, 2024) from the Town of
Waterford. Safe Futures values our ongoing partnership with the Town of Waterford in saving
lives, restoring hope, and changing the future for those impacted by domestic violence, sexual
assault, stalking and trafficking in southeastern Connecticut.
Safe Futures provides services for victims of domestic violence, sexual assault, stalking, and
trafficking in southeastern Connecticut, all 21 towns in New London County. This means that
residents of your town have access to all of the confidential services that Safe Futures provides
when needed. Whether they need to flee their home to our emergency domestic violence
shelter; speak to a counselor on the phone (available 24/7, 365 days/year) or in-person at our
counseling offices in New London or Norwich; require assistance at the New London or Norwich
court houses; have a follow-up with law enforcement and Safe Futures Law Enforcement
Advocate in their home; reside in our transitional, permanent supportive, short-term living, or
Rapid Re-housing housing programs; or wish to attend a weekly support group, the services
they receive from Safe Futures are always free of charge; confidential; provided with equality,
equity, liberation and inclusion; person-centered; trauma-informed; voluntary and provided by
certified domestic violence counselors.
During the 2021-2022 year, 398 residents from the Town of Waterford received crisis
intervention services or prevention education services from Safe Futures. Of these, 2 residents
stayed in our emergency shelter to escape from their abuser. These 2 residents and an
itional 396 (398 total) residents received a multitude of crisis intervention services. This
P 860-447-0366
F 860-440-3327
SafeFuturesCT.org 16 Jay Street, New London, CT 06320
241 Main Street #102 Norwich, CT 06360

included crisis counseling and advocacy at our New London and Norwich offices, as well as,
advocates in the New London and Norwich courts assisting victims to help them navigate the
court process and ensure that their abusers were held accountable.
Our emergency shelter operated at 115% capacity, with victims, and their children and
pets, in safe and confidential hotels throughout the county when further beds were
needed. This was the twelfth year in a row that we operated at over 100% capacity.
37% of the Criminal Docket in the New London and Norwich Courts are domestic
violence cases with Safe Futures court advocates assisting approximately 5,000 victims
in criminal and civil court.
Through the Lethality Assessment Program (LAP), Waterford police officers assess
intimate partner domestic violence victims at the scene of the incident to determine if
they are at risk of being murdered. If the victim is at high risk of being murdered,
Waterford police call a dedicated phone line at Safe Futures, 24/7-365 days/year. Last
year, of the 20 Lethality Screens administered by Waterford police, 16 were deemed
High Risk of Being Murdered, with officers calling in 18 and 88% (16/18) immediately
being connected to services at Safe Futures and all being followed up by Safe Futures
Law Enforcement Advocate Coordinator.
Please do not hesitate to contact Margaret Soussloff, our Chief Operating Officer, at (860) 447-
0366 ext. 214 or msoussloff@safefuturesct.org, if you have any questions regarding this
request or the programs and services provided by Safe Futures.
Sincerely,
Katherine Verdno
Chief Executive Officer

gor,
Zé rs
Safe Futures, Inc. Town of Waterford Fiscal Year 2024 Budget Request
16 Jay Street, New London, CT 06320
Attachments
1. Social Services Funding Request Form
2. Annual Report (None-information within Audit)
3. Audit Report (Fiscal Year ending 6/30/21, Fiscal Year ending 6/30/22 Audit will be
available by 12/31/22)
4. Municipalities Funding
5. FY 2023 Budget (Current Year and Year-to-Date Expenditures)
6. FY 2024 Budget (Proposed Budget)
7. Safe Futures Budget Request Information

f
rutenSs
November 30, 2021
Attached is the audit of our financial statements completed by Doherty, Beals and Banks, P.C.
Changes in net assets for the fiscal year-ended 6-30-21 equal $50,935. Of this surplus:
* The entire amount represents in-kind donations of goods and services.
Changes in net assets for the fiscal year-ended 6-30-20 equal $476,154. Of this surplus:
* $271,794 represents capital improvement grants for which corresponding
on expenditures are on the baiance sheet instead of in expenses.
* The balance represents donation of land and a building, of which the actual donation
amount is $261,700, yielding a shortfall of ($57,340).
None of the surpluses are available for current operations.
Sincerely,
t
Katherine Verano,
Chief Executive Officer
FLondon, CT O8320

SAFE FUTURES, INC.
FINANCIAL STATEMENTS
JUNE 30, 2021
f
PSs

OO 7
SAFE FUTURES, INC.
FINANCIAL STATEMENTS
JUNE 30, 2021
CONTENTS
DOHERTY, BEALS & BANKS, P.C.

Board of Directors
Safe Futures, Inc.
16 Jay Street
New London, CT 06320
INDEPENDENT AUDITOR'S REPORT
We have audited the accompanying financial statements of Safe Futures, Inc., which comprise the statement of
financial position as of June 30, 2021, and the related statements of activities, functional expenses, and cash flows
for the year then ended, and the related notes to the financial statements
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with
accounting principles generally accepted in the United States of America; this includes the design, implementation,
and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are
free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit
in accordance with auditing standards generally accepted in the United States of America and the standards
applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the
United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of
material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments,
the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial
statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion of the effectiveness of the entity’s internal control. Accordingly, we express no such opinion.
An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of
significant accounting estimates made by management, as well as evaluating the overall presentation of the financial
statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
opinion.
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position
of Safe Futures, Inc. as of June 30, 2021, and the changes in its net assets and its cash flows for the year then ended
in accordance with accounting principles generally accepted in the United States of America.
-T- 
Audrey A. Leone, CPA
Stacey L. Gualtieri, CPA
187 Williams St. | New London, CT 06320 | (v) 860.443.2033 ¢{ (f) 860.444.7086 | dbbcpa.com
60 Willow St. Unit 102A | Mystic, CT 06355 | (v) 860.572.7373
aa

Report on Summarized Comparative Information
We have previously audited Safe Futures, Inc.’s 2020 financial statements, and we expressed an unmodified audit
opinion on those audited financial statements in our report dated October 31, 2020. In our opinion, the summarized
comparative information presented herein as of and for the year ended June 30, 2020 is consistent, in all material
respects, with the audited financial statements from which it has been derived.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated September 17, 2020, on
our consideration of Safe Futures, Inc.'s internal control over financial reporting and our tests of its compliance with
certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report
is to describe the scope of our testing of internal control over financial reporting and compliance and the results of
that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That
report is an integral part of an audit performed in accordance with Government Auditing Standards in considering
Safe Futures, Inc.’s internal contro] over financial reporting and compliance.
Other Information
Our audit was conducted for the purpose of forming an opinion on the financial statements as a whole The
accompanying Schedule of Expenditures of Federal Awards, as required by Title 2 U.S. Code of Federal
Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for
Federal Awards, and the accompanying Schedule of Expenditures of State Financial Assistance, as required by the
Connecticut State Single Audit Act, are presented for purposes of additional analysis and are not a required part of
the financial statements. Such information is the responsibility of management, was derived from, and relates
directly to the underlying accounting and other records used to prepare the financial statements. The information
has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional
procedures, including comparing and reconciling such information directly to the underlying accounting and other
records used to prepare the financial statements of to the financial statements themselves, and other additional
procedures in accordance with auditing standards generally accepted in the United States of America. In our
opinion, the information is fairly stated, in all material respects, in relation to the financial statements taken as a
whole.
DOHERTYJ BEALS & BANKS, P.C.
New Londory Connecticut
September 29, 2021
-~2-
A
DOHERTY, BEALS & BANKS, P.C.

SAFE FUTURES, INC.
STATEMENT OF FINANCIAL POSITION
AS OF JUNE 30, 2021
WITH COMPARATIVE TOTALS FOR 2020
é i
ASSETS
2021 2020
CURRENT ASSETS
Cash and cash equivalents $ 1,199,341 $ 1,159.715
Pledges receivable. net of allowance (note 4) 161,389 267.84 |
Grants receivable 290,887 202,678
Prepaid expenses 83,237 25.165
TOTAL CURRENT ASSETS 1,734,854 1,655.399
PROPERTY AND EQUIPMENT
Land 406,514 406.514
Building and improvements 3,567,717 3,530,419
Furniture and equipment 142.056 160.214
4,116,287 4.097.147
Less: accumulated depreciation (1,749,405) (1,652.042)
TOTAL PROPERTY AND EQUIPMENT 2,366,882 2,445,105
OTHER ASSETS
Cash and cash equivalents - restricted 32,217 32.214
Unemployment reserve funds 60,550 49.889
Pledges receivable (net of current portion) (note 4) 85,045 87,275
Beneficial interest in assets held by Community Foundation (note 7) 212,425 168.897
TOTAL OTHER ASSETS 390.237 338.275
TOTAL ASSETS $ 4,491,973 $ 4,438,779
See notes to financial statements,
+
-~3-
DOHERTY, BEALS & BANKS, P.C.

SAFE FUTURES, INC.
STATEMENT OF FINANCIAL POSITION
WITH COMPARATIVE TOTALS FOR 2020
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts payable
Accrued expenses
TOTAL CURRENT LIABILITIES
LONG-TERM LIABILITIES
Payroll Protection Program loan
Unemployment reserve funds (note 8}
TOTAL LIABILITIES
NET ASSETS
Without donor restrictions
With donor restrictions
TOTAL NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
See notes to financial statements.
DOHERTY, BEALS & BANKS, P.C.
AS OF JUNE 30, 2021
-4-
2021 2020
$ 67.395 $ 36.333
255,260 220,761
322.655 257.094
- 73.963
60.530 49.889
383,205 380.946
3,467,379 3,458.965
641,389 598.868
4.108.768 4.037.833
$ 4,491,973 $_ 4,438,779

SAFE FUTURES, INC.
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2021
WITH COMPARATIVE TOTALS FOR 2020
Without Donor With Donor Totals
SUPPORT AND REVENUE Retrictions Restrictions 2021 2020
Government grants $ 1.705.649 $ - $ 1.705.649 $ 1.727.641
Contributions - United Way 11.262 150.900 162,162 166.702
Contributions and private grants 857.319 150.512 1,007.83! 1,018.705
Bequest 169.193 - 169.193 10.000
Program service fees 35.235 - 35,235 43.842
Special events 1,425 - 1.425 27.027
Miscellaneous 3.909 - 3.909 29.979
Interest and dividends 52.903 - $2,903 14.537
Net assets released from restriction:
Purpose restrictions met 258.891 (258,891) - -
TOTAL SUPPORT AND REVENUE 3.095.786 42.521 3.138.307 3.038.433
FUNCTIONAL EXPENSES
Program services:
Housing other 724.799 - 724.799 781.978
Emergency assistance and support 939.760 - 939.760 876.562
Emergency shelter 927.008 - 927.008 619.581
Prevention and outreach 215.054 - 215,054 322.767
Total program services 2,806.62 1 - 2,806.62] 2.600.888
Management and general 219.334 - 219.334 167.285
Fund-raising 61417 - 61.417 65.900
TOTAL FUNCTIONAL EXPENSES 3.087.372 - 3,087,372 2.834.073
CHANGE IN NETS ASSETS- OPERATIONS 8.414 42,521 50.935 204.360
Other changes in net assets:
Capital grants and donations - - - 271,794
CHANGE IN NET ASSETS 8.414 42.521 50,935 476.154
NET ASSETS - BEGINNING 3,458,965 598.868 4.057.833 3.581.679
NET ASSETS - ENDING § 3.467.379 $641,389 $_4,108.768 $4,057,833
See notes to financial statements.
-3-
DOHERTY, BEALS & BANKS, P.C.

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SAFE FUTURES, INC.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED JUNE 30, 2021
WITH COMPARATIVE TOTALS FOR 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Change in net assets
Adjustments to reconcile changes in net assets to net
cash provided (used) by operating activities:
Depreciation
Donation of land and building
(Increase) decrease in:
Contributions restricted for capital purchases
Pledges receivable
Grants reccivable
Prepaid expenses
Increase (decrease) in:
Accounts pavable
Accrued expenses
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment
Contributions restricted for capital purchases
Transferred to funds held by others
NET CASH PROVIDED (USED) FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Forgiveness of PPP loan
Advance on PPP loan
NET CASH PROVIDED (USED) FROM FINANCING ACTIVITIES
CHANGE IN CASH
CASH - BEGINNING
CASH - ENDING
See notes to financial statements.
-7-
DOHERTY. BEALS & BANKS, P.C.
2021 2020
$ 30.935 $ 476.154
145.520 106.687
- (261.700)
- (271.794)
108.682 C11.316)
(88.209) (3.532)
(58.072) 2.037
31.062 (10.912)
34.499 419.7356
194.417 73180
(37.300) (281.464)
- 271.794
(43.528) (7.747)
(80.828) (17417)
(73.963) (209.237)
- 283.200
(73.963) 73.963
39.626 129.726
1.159.715 1.029.989
$ 1.199.341 $ 1.159.715
a

SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Purpose
Safe Futures, Inc. is organized as a non-profit corporation in the State of Connecticut. Safe Futures, Inc.
provides emergency shelter, counseling, traditional housing, community education. including Violence is
Preventable and Restorative Practices curriculum in local school systems, and support services to victims of
domestic violence and sexual assault and their families in the southeastern Connecticut area.
Income Tax Status
The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.
and therefore, has no provision for federal or state income taxes. In addition, the Organization qualifies for
the charitable contribution deduction under Section 170(b)(1}(A) and has been classified as an organization
that is not a private foundation.
The Organization recognizes the tax benefit from uncertain tax positions when it is more-likely-than-not
the position will be sustained upon examination by taxing authorities. As of June 30, 2021, the
Organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial
statements. In the normal course of business, the Organization's tax filings are subject to examination by
federal and state taxing authorities. The Organization's tax returns for the last three years remain open for
examination.
Method of Accounting
The accompanying financial statements were prepared using the accrual basis of accounting. Accordingly,
revenues are recognized when earned and expenditures are recorded when incurred.
Financial Statement Presentation
The Organization follows the reporting requirements of GAAP, which requires that resources be classified
for reporting purposes based on the existence or absence of donor-imposed restrictions. This is
accomplished by classification of fund balances into two classes of net assets: without donor restrictions
and with donor restrictions. Descriptions of the two net asset categories and the types of transactions
affecting each category follow:
e Without Donor Restrictions — Net assets that are not subject to donor-imposed restrictions. Items
that affect this net asset category principally consist of fees for service and related expenses
associated with the core activities of the Organization.
e¢ With Donor Restrictions — Net assets subject to donor-imposed restrictions that will be met either by
actions of the Organization or the passage of time. Items that affect this net asset category are for
contributions for which donor-imposed restrictions have not been met in the year of receipt. Also
included in this category are net assets subject to donor-imposed restrictions to be maintained
permanently by the Organization.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the
United States of America requires management to make estimates and assumptions that affect the reporting
--
DOHERTY. BEALS & BANKS, P.C.

SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2021
1.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the
financial statements, and support, revenue and expenses during the reporting period. Actual results could
differ from those estimates.
Prior Year Comparative Totals
The financial information shown for 2020 in the accompanying financial statements is included to provide
a basis for comparison with 2021 and presents summarized totals only. Such total amounts do not include
sufficient detail to constitute a presentation in conformity with accounting principles generally accepted in
the United States of America. Accordingly, such amounts should be read in conjunction with the
Organization’s financial statements for the year ended June 30, 2020, from which the comparative total
amounts were derived.
Cash and Cash Equivalents
For purposes of the Statement of Cash Flows, Safe Futures, Inc., considers all highly liquid debt
instruments purchased with maturity of three months or less to be cash equivalents.
Investments
The Organization carries investments in marketable securities with readily determinable fair values and all
investments in debt securities at their fair values in the Statement of Financial Position. Unrealized gains
and losses are included in the change in net assets in the accompanying Statement of Activities.
Fair Values of Financial (nstruments
The fair values of financial instruments have been determined through quoted market prices or present
value techniques to approximate the amounts recorded in the statement of financial position.
Generally accepted accounting principles establishes a fair value hierarchy which prioritizes the inputs to
valuation techniques used to measure the fair value. The three levels of the fair value hierarchy are
described as follows:
Level | — Quoted prices (unadjusted) in active markets for identical assets or liabilities where the
organization has the ability to access at the measurement date:
Level 2 — Significant other observable inputs other than quoted prices included in level 1, which are
observable for the asset or liability, either directly or indirectly (i.e. quoted prices in inactive markets,
broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency);
Level 3 — Unobservable inputs are used to the extent that observable inputs are unavailable due to little, if
any, market activity for the asset or liability. Unobservable inputs are developed based on the best
information available, which might include the organization’s own data that reflects assumptions that
market participants would use in pricing the asset or liability.
Property and Equipment
Property and equipment are carried at cost or, if donated, at the approximate fair value at the date of
donation. Depreciation of the Organization's assets is calculated using the straight-line method over the
estimated useful lives of the assets ranging from five to forty years.
-9-
DOHERTY, BEALS & BANKS, P.C.

son,
SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2021
1.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Safe Futures, Inc. capitalizes purchases over $5,000 to property and equipment. Repairs and maintenance
of property and equipment are charged to expenses as incurred.
Contributions
Contributions are recognized when the donor makes a promise to give to the Organization that is, in
substance, unconditional. Contributions that are restricted by the donor are reported as increases in net
assets without donor restrictions if the restrictions expire in the year in which the contributions are
recognized. All other donor-restricted contributions are reported as increases in net assets with donor
restrictions depending on the nature of the restrictions. When a restriction expires, net assets with donor
restrictions are reclassified to net assets without donor restrictions.
Donated Materials and Services
Donated materials and equipment, if of a material amount, are reflected as contributions in the
accompanying statements at their estimated values at date of receipt. The Organization pays for most
services requiring specific expertise.
Approximately $27,892 of donated services and corresponding expenses have been reflected in the
financial staternents. Many volunteers have donated significant amounts of their time in Safe Future's
program services and in its fundraising campaigns that are not recognized as contributions in the financial
statements since the criteria for recognition is not met.
Endowment Spending Policy
In accordance with the endowment fund agreement between Safe Futures and the Community Foundation
of Eastern Connecticut, capital contributions to the endowment are retained and invested. There is no
withdrawal of capital or earnings except upon request by the Board of Safe Futures and approval by the
Community Foundation.
Grants Receivable
Government grant revenue is recognized to the extent of grant expenditures incurred. Grants receivable
consists of the portion of grant expenditures incurred for which payment has yet to be received from the
government or pass-through agencies.
Functional Expense Allocation
The costs of providing various programs and other activities have been summarized on a functional basis in
the Statement of Activities and in the Statement of Functional Expenses. Accordingly, certain costs have
been allocated among the programs and supporting services benefited.
Subsequent Events
Management has evaluated subsequent events through September 29, 2021, the date. which the financial
statements were available for issue.
-10-
DOHERTY, BEALS & BANKS, P.C.

SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS eo
JUNE 30, 2021 \
CONCENTRATION OF CREDIT RISK
The Organization maintains cash balances at financial institutions located in New London County.
Accounts at each institution are insured by the Federal Deposit Insurance Corporation up to $250,000. Safe
Futures has not experienced any losses in such accounts and believes it is not exposed to significant credit
risk on cash or cash equivalents. At June 30, 2021 the Organization’s uninsured cash balances total
$935,860.
STATEMENT OF CASH FLOWS
The Organization considers all short-term investments with a maturity of three months or less to be cash
equivalents.
Cash paid for interest in 2021 $ 555
PLEDGES RECEIVABLE
Safe Futures, Inc. had unconditional pledges receivables representing the following at June 30:
Due In:
2022 $ 224,741 (—
2023 22,019 Nw
2024 23,068
2025 7,068
2026 4,231
Thereafter 1,296
Total Pledges 282,423
Less:
Allowance for bad debt and 31,321
4% discounted cash flow 4,668
Net pledges receivable $ 246,434
NOTES PAYABLE
Safe Futures, Inc., has an agreement for a secured line of credit of $100,000 with a financial institution with
its assets as collateral at a rate of 3.25% and is payable on demand. As of June 30, 2021, there was no
balance outstanding.
-ll-
DOHERTY, BEALS & BANKS, P.C.

SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2021
NET ASSETS WITH DONOR RESTRICTIONS
Net assets with donor restrictions are restricted for the following purpose or periods.
United Way $ 150,900
Eligible Distributions from Community Foundation Fund 22,435
Program services 246,759
420,094
Permanently restricted net assets are as follows:
Beneficial interest in assets held by Community Foundation 189,990
Natalie Anderson Children’s Fund 31,305
221,295
Total Net Assets With Donor Restriction $ 641,389
Net assets were released from restriction during the year to satisfy their purpose or time restriction as
follows:
United Way $ 149,437
Program Services 109,454
$ 258,891
BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATION
The Community Foundation of Eastern Connecticut and Safe Futures, Inc. entered into an agreement dated
December 17, 2013, which created the Safe Futures, Inc. Endowment Fund. The Fund is co-mingled and
invested with the Community Foundation's pool of assets. The Fund is subject to the Community
Foundation's investment guidelines and spending rule and is restricted to benefit Safe Futures, Inc.
The funds were deposited into the Community Foundation’s pool of assets. Safe Future’s contributions
through 2021 were $125,427. The market value of the Fund at June 30, 2021 was $212,425 (this is a Level
3 investment per note 1).
There were no distributions from the endowment during the 2020 — 2021 fiscal year.
UNEMPLOYMENT RESERVE FUND
Safe Futures, Inc. maintains an unemployment fund to self-fund unemployment claims with
Unemployment Services Trust, who is also the administrator of the funds. The purpose of the fund is to
provide benefits to eligible employees for future unemployment claims. As of June 30, 2021 the fund held
$60,550. Unemployment claims paid during the year was $10,808.
-12-
DOHERTY, BEALS & BANKS, P.C.

SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2021
10.
it.
13.
EMPLOYEE BENEFIT PLAN
Safe Futures, Inc. has also established a Section 403(b) defined contribution pension plan. It is available to
substantially all full-time employees. Employees are 100% vested in employee salary deferrals. The
employer contribution to the plan was $37,615.
OPERATING LEASES
Safe Futures, Inc. has lease agreements for copier machines and office space. Minimum future rental
payments under the non-cancelable operating leases in excess of one year as of June 30, 2021, are as
follows:
2022 $ 9,139
2023 6.490
2024 244
Rent expense was $262,314 for the year ended June 30, 2021, and includes rent incurred to temporarily
house clients when space was unavailable, as well as rents paid for clients in scattered site transitional
living program.
CONTINGENT LIABILITIES
Safe Futures Inc., from time to time is involved in litigation arising from its normal operating practices.
After reviewing all significant matters with counsel, management believes that the resolution of these
matters will not materially affect Safe Futures Inc.’s financial position.
AVAILABILITY OF FINANCIAL ASSETS
The following reflects Safe Futures Inc.’s financial assets as of the balance sheet date, reduced by amounts
not available for general use because of contractual or donor-imposed restrictions within one year of the
balance sheet date:
Cash and cash equivalents $ 1,119,528
Grants receivables 290,887
As part of the Safe Future’s liquidity management, it has a policy to structure its financial assets to be
available as its general expenditures, liabilities, and other obligations come due.
PAYCHECK PROTECTION PROGRAM
On April 17, 2020, Safe Futures, Inc. received loan proceeds in the amount of $283,200, pursuant to the
Paycheck Protection Program (the “PPP”) under Division A, Title | of the CARES Act, which was enacted
March 27, 2020.
-1[3-
DOHERTY, BEALS & BANKS, P.C.

SAFE FUTURES, INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2021
13.
PAYCHECK PROTECTION PROGRAM (Continued)
The loan, which was in the form of a note dated April 16, 2020 issued to by the bank, matures on April 16,
2022 and bears interest at a rate of 1.00% per annum, payable monthly commencing on November 16,
2020. The note may be prepaid by the Organization at any time prior to maturity with no prepayment
penalties.
Funds from the loan and accrued interest are forgivable as long as the funds are used for eligible purposes,
including payroll costs, health care benefits, rent, and utilities. Under the terms of the PPP, certain amounts
of the loan may be forgiven if they are used for qualifying expenses as described in the CARES Act. The
Organization applied for and has been notified that $283,200 in eligible expenditures described in the
CARES Act has been forgiven. The Organization recorded $209,237 and $73,963 as grant income for the
years ended June 30, 2020, and June 30, 2021, respectively.
-14-
DOHERTY, BEALS & BANKS, P.C.

Safe Futures Other Municipal Funding Sources/Amounts
Municipal Funding for 2022-2023
Town of East Lyme $1,000 Town of Lisbon $500 TownofN. Stonington $2,250
Town of East Lyme Town of Lyme $1,000 Town of Lyme
Capital Campaign $50,000 Capital Campaign $5,000
Town of Griswold $1,500 Town of Old Lyme $500 Town of Salem $700
Town of Groton $9,600 Town of Montville $2,500 Town of Stonington $5,000
Town of Bozrah 5500 Town of Sprague $250 Town of Waterford $6,500
Town of Ledyard $500
Total Municipal Funding for 2022-2023 $87,300
Public Schools Funding for 2022-2023
: : $34,000
New London Public Schools McKinney Vento grant TBD
Stonington Public Schools Programming 2022-2023 303TBD
Norwich Free Academy Programming 2022-2023
New London High School Education Programming B
2022-2023 | $34 *00
Total Public School Funding for 2022-2023 ’
Community Development Block Grant Funding for 2022-2023
New London CDBG Funding $9,410
Norwich CDBG Funding $15,000
Total CDBG Funding for 2022-2023 $24,410
Grand Total Municipal (Town + School + CDBG) $145,710
Funding for 2022-2023
ARPA Funding 2022-2023
City of New London ARPA $50,867.96
DMHAS ARPA for Katie Blair House Facility, telehealth equipment $4,593.98
$55,461.94
Total ARPA Funding 2022-2023

Safe Futures, Inc.
Agency Budget
2022- 2023
REVENUE
Contributed Support
Individuals/Businesses/Civic
Corp/Comm/Private Foundations
United Way
Local Government Grants
Sponsorships
Total Contributed Support
Earned Revennes
Agency Contracts (CCADV)
Government grants (EFSP)
Federal Contracts (HUD)
State Contracts (DSS & DMHAS)
Other Gov't Contracts/Fees
Program Service Fees
Dividends & Interest/Misc
Total Earned Revenues
Special Events
TOTAL REVENUE
EXPENSES
Salaries & Related Expenses
Salaries & Related Expenses
Grant & Contract Expense
Client Assistance
Other Personnel Expenses
Computer Services
Other Personnel Expenses
Non-Personnel Expenses
Office Supplies
Program Supplies
Telephone
Postage
Equipment Rental
Printing
Books & Subscriptions
Development - Other
Total Non-Personnel
Facilities & Equipment Expenses
Rent
Maintenance
Utilities
Property taxes
Security
Total Facilities & Equip
Travel & Meetings
Travel & Meetings
Depreciation & Amortization
Depreciation & Amortization
Miscellaneous Expenses
Interest & Other
Insurance - Non-employee
Membership Dues
Staff Development
Bank Charges
Advertising
Bad Debt Expenses
Other Expenses
TOTAL EXPENSES
BUDGET
2022-2023
857,500
378,719
169,906
32,400
15,000
1,453,525
1,207,715
5,000
338,096
214,006
54,410
43,000
16,000
1,878,827
60
3,332,352
2,546,609
147,376
32,750
87,917
22,000
44,000
26,000
7,000
14,000
8,800
9,950
16,350
148,100
7,505
51,825
85,660
§,700
4,500
155,190
17,500
125,460
10,772
37,328
3,650
10,000
6,550
106
3,000
50
3,332,352
0

2:34 PM
12/06/22
Accrual Basis
SAFE FUTURES, INC
Profit & Loss
July through October 2022
Expense
6100 - Salaries & related expenses
6000 - Salaries
Total 6000 - Salaries
6200 - Payroll taxes & benefits
6250 « Payroll taxes
6251 - ER Social Security tax
6252 - ER Medicare tax
Total 6250 - Payroll taxes
6255 - Employee benefits
6254 - 403(b) Match
6257 - Medical,dental & life insurance
6258 - Worker's compensation ins.
Total 6255 - Employee benefits
Total 6200 - Payroll taxes & benefits
Total 6100 - Salaries & related expenses
7050 - Client assistance
7051 - Transportation - client
7051.1 - Out of State Transport - client
7051.2 - Transportation - cab
7051.3 - Transport - local bus tickets
7051.4 - Transport in state move clients
7051.6 - Trans. - client gas,pkg fix car
7051 - Transportation - client - Other
Total 7051 - Transportation - client
7052 - Food - client
7052.1 - Food - Gift Cards
7052 - Food - client - Other
Total 7052 - Food - client
7053 - Tuition assist&test fees client
7055 - Other client assistance
7050.1 - Spec Assist- Gift Cards ind
7061 - Phone cards - client
7063 - Laundry - client
7064 « Uniforms - client
7065 + Medicine - client
7056 - Other client assistance - Other
Total 7055 - Other client assistance
7056 - Utilities - client
7066 - Client rents - hotels
7067 - Housing fees
7068 - Client rent - apartment
7070 - Security deposits
7067 - Housing fees - Other
Jul - Oct 22
LNAI
687,861
40.543
9.720
50,262
18.169
41,181
18,622
77,972
128,234
816,095
265
3,445
15
495
1,840
11
6,071
2,175
4,588
3,763
3,234
3,991
492
50
100
30
7,541
12,203
590
25,195
19,463
7,250
on
po)
Total 7067 - Housing fees 26,763
a Total 7050 - Client assistance 77,821
Page 1 of 3

2:34 PM SAFE FUTURES, INC
42/06/22 -
Accrual Basis Profit & Loss
July through October 2022
7500 - Professional fees
7520 - Audit fees
7521 - Payroll services
7530 - Legal fees
7540 - Professional fees - other
7595 - Outside computer services
7596 - Computer services - consulting
Total 7595 - Outside computer services
7599 - Veterinary expense
Total 7500 - Professional fees
8100 - Non-personnel expenses
8110 - Office supplies
8120 - Program supplies
8130 - Telephone & telecommunications
8140 - Postage, shipping, delivery
8142 - Postage - fundraising
8140 - Postage, shipping, delivery - Other
Total 8140 - Postage, shipping, delivery
8150 - Mailing services
8160 - Equip rental & maintenance
8170 - Printing & copying
8172 - Printing ~ fundraising
8173 - Printing - Spec Events
8170 - Printing & copying - Other
Total 8170 - Printing & copying
8180 - Books, subscriptions, reference
8190 - Development - other
Total 8100 - Non-personnel expenses
8200 - Facilities & equipment expenses
8210 - Rent
8211 - Maintenance
8212 - Maintenance - supplies
8213 - Maintenance - waste management
8215 - Maintenance - other services
Total 8211 - Maintenance
8220 - Utilities
8221 - Utilities - electric
8223 - Utilities - water
8224 - Utilities - gas
8225 - Utilities - internet
Total 8220 - Utilities
8230 - Property taxes
8260 - Security expense
Total 8200 - Facilities & equipment expenses
8300 - Travel & meetings expenses
8310 - Travel - staff
dul - Oct 22
Bosco so ed
11,200
2,187
5,951
24,486
11,648
11,648
2,477
57,949
8.242
21,044
13,444
2,201
2,201
24
5,092
96
288
334
718
3,419
19,121
73,301
2,300
16,841
772
14,675
32,289
10,050
7,226
2,120
7,605
27,001
16,015
3,374
80,979
2,823
Page 2 of 3
a,
anton,

2 2:34 PM
12/06/22
Accrual Basis
SAFE FUTURES, INC
Profit & Loss
July through October 2022
8320 - Conference, conventions, & mtgs
Total 8300 - Travel & meetings expenses
8400 - Depreciation & amortization exp
8500 - Other expenses
8510 - interest expense - general
8515 - Late fees
8520 - Insurance - non-employee
8521 + Directors & officers insurance
8522 - Liability, prop. & umbr. insur.
Total 8520 - Insurance - hon-employee
8530 - Membership dues - organization
8540 - Staff development
8550 - Bank charges
8553 - Service charges
8554 - Donation processing fees
8550 - Bank charges - Other
Total 8550 - Bank charges
Total 8500 - Other expenses
8600 - Business expenses
8610 - Bad debt expense
Total 8600 - Business expenses
8700 - Admin charge
a Total Expense
dul - Oct 22
GRO ena
6,294
sersrorecrosprntnmmaaetanast
9,117
21,601
20,989
264
942
11,500
12,443
1,213
4.726
Page 3 of 3

a
Safe Futures, Inc.
Agency Budget
2023-2024
REVENUE
Contributed Support
Individuals/Businesses/Civic
Corp/Comin/Private Foundations
United Way
Local Government Grants
Sponsorships
Total Contributed Support
Earned Revenues .
Agency Contracts (CCADV)
Government grants (EFSP)
Federal Contracts (HUD)
State Contracts (DSS & DMHAS)
Other Gov't Contracts/Fees
Program Service Fees
Dividends & Interest/Mise
Total Earned Revenues
Special Events
TOTAL REVENUE
EXPENSES
Salaries & Related Expenses
Salaries & Related Expenses
. Grant & Contract Expense
Client Assistance
Other Personnel Expenses
Computer Services
Other Personnel Expenses
Non-Personnel Expenses
Office Supplies
Program Supplies
Telephone
Postage
Equipment Rental
Printing
Books & Subscriptions
Development - Other
Total Non-Personnel
Facilities & Equipment Expenses
Rent
Maintenance
Utilities
Property taxes
Security
Total Facilities & Equip
Travel & Meetings
Travel & Meetings
Depreciation & Amortization
Depreciation & Amortization
Miscellaneous Expenses
Interest & Other
Insurance - Non-employee
Membership Dues
Staff Development
Bank Charges
Advertising
Bad Debt Expenses
Other Expenses
TOTAL EXPENSES
BUDGET
2023-2024
$ 957,000
418,367
169,906
32,400
15,000
1,592,673
1,207,715
5,000
200,596
214,006
54,410
43,600
16,000
1,741,327
0
$ 3,334,000
2,586,258
109,376
32,750
87,917
22,000
44,000
26,000
7,000
14,000
8,800
9,950
16,350
148,100
7,505
$1,825
85,660
5,700
4,500
155,190
17,500
125,460
10,772
37,328
3,650
10,000
6,550
100
3,000
50
$ 3,334,000
$ :

Attachment 7
Safe Futures, Inc. Town of Waterford Fiscal Year 2023 Budget Request
16 Jay Street, New London, CT 06320 December 2022
SAFE FUTURES, INC. FISCAL YEAR 2024 BUDGET REQUEST INFORMATION
e Number of Staff Employed:
As of 12/6/22: 46 staff = 28 Full-time; 8 Part-time; 10 Per Diem
e Personnel Costs:
For Fiscal Year 2023-52,546,609
e United Way Funding & % to total budget:
For Fiscal Year 2023-$154,406/5% of total budget
e 2021-2022 Fiscal Year (7/1/2021-6/30/2022) Town of Waterford residents served:
398 (2 residents stayed in our emergency domestic violence shelter)