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Cascade AIDS Project sees solid assets growth.
The Cascade AIDS Project is slim but stable, according to the 2000 annual report released this week.
The nonprofit organization reported a $260,000 increase in net assets over last year, despite a revenue increase of only $84,150. Government contracts, grants and trimming the $2.95 million operating budget by $82,800 brightened CAP's financial outlook.
"CAP today is stronger, healthier, more diverse and better poised for the future than at any other time in our 15-year history," said Craig Hartzman, president of CAP's board of directors.
Executive Director Thomas Bruner said the agency has "never been this financially healthy in its history." …
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