Financials

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 seven 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, 2017

Income Statement
Revenues
Grants and Contributions	107,930,876
Contracts	14,956,002
Other income	10,840,751
Total Revenues	133,727,629

Expenses
Direct Program Implementation	114,553,875
General and Administrative	20,465,991
Fundraising and Business Development	1,646,007
Total Expenses	136,665,943

Balance Sheet
Assets	367,899,369
Liabilities	207,186,790
Net Assets
Temporary Restricted	34,939,276
Unrestricted	125,773,303
	160,712,579