2015 ANNUAL REPORT HOME GLOBAL GOALS WHAT WE DO VOLUNTEERING LEADERSHIP FINANCIALS OUR PARTNERS FOR GOOD
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 and thorough external reviews. We have been a low-risk auditee for the past six 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 ending September 30, 2015
Income Statement
REVENUES
Grants and Contributions 128,868,573
Contracts 16,078,772
Other income 21,687,447
TOTAL REVENUES 166,634,792
EXPENSES
Direct Program Implementation 137,574,860
General and Administrative 18,569,659
Fundraising and Business Development 1,379,918
TOTAL EXPENSES 157,524,437
Balance Sheet
Assets 299,837,376
Liabilities 140,452,897
Net Assets
Temporary Restricted 48,609,680
Unrestricted 110,774,799
159,384,479

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