Serving At The Crossroads

 

2005 ANNUAL REPORT
SERVING AT THE CROSSROADS

 
President's Message
 

Excitement is in the air… as we turn tears into smiles on the faces of the patients treated at the clinic and especially as we look with anticipation towards the future.  I’ll save the story of what lies ahead for another time and focus here on the accomplishments of Serving at the Crossroads (SATC) over this past year.  Many blessings were bestowed upon us as you will see when you review our accomplishments on the following page.

Mayor Vega provided Manos Amigas with a rent free building on the main thoroughfare in town so we could open an interim clinic while we continued our search for a parcel of property on which to build a new, spacious clinic at some point in the not too distant future.  Beginning in April 2005, the Interim, or Phase I Clinic as we like to call it, opened its doors with a small staff – one paid physician, a nurse, pharmacist assistant, administrative aid and a security guard.

News of the “gringo” clinic’s presence spread by word of mouth, more quickly than you can say “Serving at the Crossroads!”  On opening day, nearly 60 people were outside waiting to be treated.  Since the very first day and every morning since, a line of patients begins forming at about 5:30 AM and the clinic gates don’t open until 8:30!  From April – December 2005, the clinic staff saw anywhere from 35 – 60 patients per day, treating conditions such as bronchitis, parasites, dermatitis, gastritis and diarrhea..  At that rate our challenge was to keep the supply of medications flowing from the United States. 

Although we live in the heart of the U.S. pharmaceutical industry in the Mid-Atlantic Region of the country, SATC was not successful in locating a company or contact within the industry that was willing to provide medications on an on-going basis.   However, that did not deter us in keeping our pharmacy shelves stocked.  We continued to provide medications and supplies to the clinic by collecting physician samples from medical practices in the area and purchasing medications outright.  The purchasing of pharmaceuticals was the single biggest demand on the budget.  We have a large formulary and Manos Amigas provides a monthly accounting of the medicines received and dispensed at the clinic. 

Some other remarkable events occurred this year.  Networking and volunteerism took place among the local healthcare professionals; some local funds were collected for the clinic; the mayor became a generous supporter and advocate of the clinic; and barrio leaders helped identify the neediest families.  Manos Amigas Board Members did an incredible job of visiting homes and identifying the needy - undergoing personal transformation in the process, as many saw up close and personal, for the very first time, the extent and level of poverty in their own communities.  They were astounded by what they had uncovered, reporting that "with our own eyes we saw so many sick children and very old people that need health care and now they know about the clinic.  We are certain that we can provide the care they need."   And, with the help of those who have supported Serving at the Crossroads, indeed they can!  For this we thank you.

Robert L. Sumner
President, Serving at the Crossroads

Milestones & Current Position of SATC

Key Event

Timing

Value**

Result

SATC incorporated and granted non profit status

November 2003

$30,000 plus 3 dental suites ($200,000)

Began to accept seed money and in-kind contributions

Major donor identified

1Q 2004

$50,000 plus $100,000 matching grant challenge

Gave strong incentive to raise money

First Donors Banquet held for 125 donors

December 2004

$12,000 plus contacts for in-kind equipment

Introduced key members of Manos Amigas (MA) to donors and showed MA local clinics as models

Ultrasound unit  donated by major, national imaging manufacturer

April 2005

$140,000 value, state- of-the-art unit donated

Critical diagnostic unit capable of performing 8 modalities of imaging

Opened interim clinic in Honduras in temporary quarters

April 2005

Cost $3,000 per month for one physician, two support staff, two maintenance people plus operating expenses

Space donated by Mayor;  Pharmaceutical donations shipped to clinic

General medical, dental equipment and supplies

May 2005

$400,000+ value, general supplies, two exam tables, six hospital beds, dental chairs, sterilizers, etc

First quality hospital equipment and supplies donated with more available as needed

Reached matching Grant of $100,000

May 2005

$200,000 donated by key donor.

Total donations in cash now exceeds $300,000

Executed option to purchase land for construction of new clinic in Honduras

May 2005

$40,000 for 7 acres with Pan American Highway frontage.

Procured an accessible site with room to grow

Successful registration of Manos Amigas de Honduras as a Honduran Non-Profit Organization (NGO)

November 2005

Manos Amigas is a stand alone entity that can receive donations from any donor on their own

Honduras now recognizes the clinic officially and has granted it a license to operate

Completed nine months of Year 1* operating interim (Phase I) clinic in a rehabbed building

 

 

December 2005

- Local physicians volunteer time and skills

- 93 cents of every dollar collected in US goes directly to clinic

- Manos Amigas collected funds amounting to 20% of operating budget

7,500 patient visits completed

Low administrative cost

 

Clinic takes first steps toward sustainability

*Year 1 runs from April ’05 – April ’06.

**Values for donated equipment, mostly used, are estimates of equivalent value if purchased new.CIAL DATA

STATEMENT OF FINANCIAL POSITION

DECEMBER 31, 2005

ASSETS

 

 

TOTAL

 

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

CURRENT ASSETS

 

 

 

 

     Cash and cash equivalents

 

 

 

 

           Checking

$59,928

$59,928

0

0

     Short-term investments

  74,918

  74,918

0

0

       TOTAL CURRENT ASSETS

   134,846

134,846

0

0

 

 

 

 

 

OTHER ASSETS

 

 

 

 

Long-term investments

 183,830

 183,830

0

0

        TOTAL ASSETS

$318,676

$318,676

0

0

LIABILITIES AND NET ASSETS

CURRENT LIABILITIES

 

 

 

 

     Accrued expenses

      $408

                $408

0

0

TOTAL CURRENT LIABILITIES

        408

                  408

0

0

 

 

 

 

 

NET ASSETS

    318,268

           318,268

0

0

 

  $318,676

         $318,676

0

0

The complete audited financial statements are available upon request.

STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS

For the Year Ended December 31, 2005

 

 

TOTAL

 

UNRESTRICTED

TEMPORARILY RESTRICTED

PERMANENTLY RESTRICTED

REVENUE                

 

 

 

 

CONTRIBUTIONS

 

 

 

 

     Corporations

$121,130

$120,100

$1,030

0

     Individuals

  142,905

             142,905

0

0

     In-kind

0

0

0

0

NET ASSETS RELEASED FROM RESTRICTIONS

 

 

 

 

     Satisfaction of time rqmt                       

     and program restrictions

  

         0__

 

        1,030

 

   (1,030)

 

__0__

 

   264,035

     264,035

0

0

OTHER INCOME

 

 

 

 

     Interest and dividend income

     13,081

                13,081

 

 

     Realized gains and losses

      (5,874)

                 (5,874)

0

0

     Unrealized gains and losses

      (1,199)

                 (1,199)

0

0

     Miscellaneous income

____0___

             0___

  __0___

__0__

 

     _6,008

              _   6,008

__0__

__0__

TOTAL REVENUE

 $270,043

      $270,043

0

0

 

 

 

 

 

EXPENSES

 

 

 

 

     Program Costs

$74,508

$74,508

0

0

     Fundraising Costs

       369

       369

0

0

     General and administrative

     2,711

     2,711

    0__

__0__

 

   77,588

   77,588

__0__

__0__

 

 

 

 

 

CHANGE IN NET ASSETS

192,455

 192,455

0

0

 

 

 

 

 

NET ASSETS

 AS OF BEGINNING OF YEAR

 

125,813

 

  125,813

 

__0__