We are global stewards whose goal is to minimize internal costs to maximize external potential.
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.
2019 Program Expenses by Activity
2019 Expenses by Function
2019 Program Expenses by Region
Financial Statements
Combined Statement of Activities and Changes in Net Assets for the year ended September 30, 2019
| Income Statement | |
|---|---|
| Revenues | |
| Grants and Contributions | 94,518,262 |
| Contracts | 20,750,569 |
| In-kind Contributions | 79,112 |
| Interest and Investment Income | 68,422,619 |
| Other income | 1,085,269 |
| Total Revenues | 184,855,831 |
| Expenses | |
| Program Services | 92,913,665 |
| Capital Assistance | 53,042,979 |
| General and Administrative | 21,808,360 |
| Total Expenses | 167,765,004 |
| Balance Sheet | |
|---|---|
| Assets | 407,928,113 |
| Liabilities | 239,550,989 |
| Net Assets | |
| With Donor Restrictions | 27,393,132 |
| Without Donor Restrictions | 140,983,992 |
| 168,377,124 | |
