Combined Statement of Activities and Changes in Net Assets for the year ended September 30, 2012

Revenue and Support

 

    Grants

102,141,569

    Contracts

        14,863,210

    In-kind contributions

465,347

    Interest and investment income

16,587,822

    Other income

     1,985,496

    Contributed services and goods

13,180,202

    Net assets released from restrictions

49,542,651

Total Revenue and Support

198,766,297

 

 

Expenses

 

    Technical assistance

   145,481,409

    Capital assistance

13,009,754

    General and administrative

19,352,088

    Fundraising

  1,394,342

    Contributed services and goods

13,180,202

Total Expenses

192,417,795

 

 

Change in net assets before other items

6,348,502

 

 

Other Items

 

    Currency gain (loss)

685,633

    Net gain from related entities and combined entities

793,942

    Change in net assets

7,828,007

    Temporarily restricted  net assets

-31,260,752

    Third party minority interest in Global Communities' Holding Company

1,879,074

 

 

Total net assets at the beginning of the year

161,740,534

Total Net assets at end of year

137,007,886

Unrestricted net assets at the beginning of the year

87,150,581

Unrestricted net assets at end of year

93,678,658

 

 

General, administrative and fund raising expenses as a percentage of total resources revenue and support

10.44%

For more information on our financials read our most recent 990.

You can find previous 990s here.

To view our Combined Financial Statements, please click here.