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, 2016

Income Statement
Revenues
Grants and Contributions	115,570,155
Contracts	15,414,601
Other income	23,786,665
Total Revenues	154,771,421

Expenses
Direct Program Implementation	131,383,348
General and Administrative	20,116,892
Fundraising and Business Development	1,438,153
Total Expenses	152,938,393

Balance Sheet
Assets	331,094,436
Liabilities	173,110,533
Net Assets
Temporary Restricted	42,489,255
Unrestricted	115,494,648
	157,983,903