Global Communities takes pride in being responsible and effective stewards of our donors’ funds. We have among the tightest financial controls in the NGO community and undergo regular thorough external reviews. We have been a low risk auditee for the past five years and have received an unqualified/unmodified audit opinion during that period. Furthermore, we annually engage with an external audit firm to conduct an independent review or audit for all our international locations to ensure that our field offices are in compliance with our policies and procedures. 

Combined Statement of Activities and Changes in Net Assets
for the year ended September 30, 2014

Revenue and support
Grants 100,035,366
Contracts 14,714,354
In-kind contributions 94,779
Interest and investment income 25,031,368
Other income 2,178,620
Contributed services and goods – non GAAP 26,616,158
Total revenue and support 168,670,645
   
Expenses
Technical assistance 104,301,894
Capital assistance 20,353,565
General and administrative 15,986,323
Fundraising 1,109,165
Contributed services and goods – non GAAP 26,616,158
Total expenses 168,367,105
   
Change in net assets before other items 303,540
   
Other items
Currency gain (loss) (525,826)
Net gain from related entities 2,073,543
   
Change in net assets 1,851,257
   
Total net assets at the beginning of fiscal year 152,179,972
Total net assets at the end of fiscal year 154,031,229
   
Total unrestricted net assets at the beginning of fiscal year 102,772,458
Total unrestricted net assets at the end of fiscal year* 108,439,353
   
* Related entities noncontrolling interest 2,400,915
   
General, administrative and fundraising expenses as a percentage of total expenses 
10.15%

For more information on our financials view our 990s for year ended 20142013 and 2012You can find previous 990s here.

View our Combined Financial Statements for 20142013 and 2012.