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 2023-2024: Nonprofit Annual Economic Statement

The FY 2024-2025 audit will be conducted in early 2026 and finalized/ published by July 2026.

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 2023-2024 (year of latest finalized audit):

• Adult Services: expended $1,507,725

1,080+ 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. In FY 2023-24, RIT students’ English reading gains outperformed California adult learning goals in all 4 of our class levels. 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. 90% of clients supported by RIT's case workers, had 1 or more issue successfully resolved, or goal reached.

• Youth Services: expended $833,137

910+ youth participated in our Bridge-2-Success Youth Development Program and Youth Newcomer Community Engagement Program. In particular, 539 youth attended RIT's School based academic support at 3 partner public schools, reducing student/teacher ratio in 55+ classrooms. 56 youth and young adults received 1-1 support from RIT youth program staff or trained/vetted volunteers. 1-1 support focused on youth- and family-defined goals and issues, from school enrollment and advocacy, to academic support and mentorship. Students achieved successes including: high school graduation, enrolling in college, accessing student aid, finding a job. 10 newcomer students were recruited to participate in RIT’s Youth Leadership programs (paid internships that build job and leadership skills). Finally, RIT's childcare program welcomed 52 tots while parents attended RIT's English classes.

• Mission Support Expenses: expended $465,315

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.

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