2024-25_ImpactReport_ENG_AccessibleWeb - Flipbook - Page 29
FINANCIALS 2024-2025
This impact report covers the 12-month fiscal period from April 1, 2024 to March 31, 2025.
Statement of Operations
2024-2025
REVENUES:
Philanthropic support
Other revenue
Government grants
Investment income
Unrealized investment gain
$5,018,774
$372,895
$5,512,098
$1,769,152
$120,301
TOTAL REVENUES:
$12,793,220
TOTAL EXPENSES:
$13,718,242
Excess of revenues over expenses
($925,022)
Operating deficiency before unrealized investment gain
($1,045,323)
TOTAL EXPENSES:
$13,718,242
Fundraising
expenses
$1,485,398
(11%)
Administrative
expenses
$1,574,619
(11%)
Grants and
charitable
program
expenses*
$10,658,225
(78%)
Statement of Financial Position
2024-2025
ASSETS
Current assets
Investments
Equipment
$993,808
$19,691,267
$30,344
Total assets
$20,715,419
LIABILITIES
Accounts payable and accrued liabilities
Deferred revenue
Total liabilities
$1,656,661
$1,679,154
$3,335,815
FUND BALANCES
Endowment fund
Restricted fund
Internally restricted fund
Unrestricted fund
$179,165
$10,200
$17,134,607
$55,632
Total liabilities and funds
$20,715,419
*Charitable program expenses include grant management, advocacy, capacity-building, and evaluation. See page 56 for a breakdown of grants and charitable
program expenses.
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