
From Commitments to Action
Operations & Finance
Thanks to the generosity of our donors, WRI continues to expand our impact across priority areas. Our current operational investments include those that strengthen internal systems, assuring we are able to recruit and maintain our high caliber of employees and provide an environment that is adaptable to the needs of our work.
Current initiatives include:
Improvements to our project management culture
In the past year, WRI hired our first Project Management Lead to build out project management capacity globally. This staff member will work with our programs, centers, and offices to make sure they have the resources, training and infrastructure needed for their work, ensuring projects run smoothly from inception to completion.
Technology updates
Our Operations Team began a multi-year, comprehensive technology initiative with the objective of implementing integrated, data driven, fit-for-purpose, user-friendly systems across WRI.
Flexible work
WRI approved a new framework prioritizing the creation of working conditions that maximize our impact while emphasizing productivity in an equitable way. This framework offers options for in-office, remote and telework.
Innovative hiring strategies
WRI’s ability to deliver outcomes that drive positive systems change is only possible when we have the highest-caliber staff, and equip that staff with all the tools it needs. In the past year, WRI hired more than 500 people across the network despite disruptions to the labor market.
Statement of Consolidated Activities ($000s)
(At September 30, 2021, with comparative totals for 2020)
SOURCES OF OPERATING FUNDS WITHOUT DONOR RESTRICTIONS |
2021 |
2020 |
---|---|---|
Grants/Contributions |
$162,562 |
$143,082 |
Federal Grants |
5,025 |
3,778 |
Support from Endowment Income/Others |
2,494 |
2,085 |
Total Revenues and Other Support |
170,081 |
148,945 |
EXPENSES |
2021 |
2020 |
---|---|---|
Program Activities |
148,201 |
131,066 |
General Administration |
13,753 |
11,561 |
Development |
1,367 |
1,288 |
Total Expenses |
163,321 |
143,916 |
Change in Operating Net Assets |
6,761 |
5,029 |
Total Net Assets at the Beginning of the Fiscal Year |
242,278 |
148,109 |
CHANGE IN NET ASSETS DURING THE FISCAL YEAR |
2021 |
2020 |
---|---|---|
Net Assets without Donor Restrictions |
6,761 |
5,029 |
Net Assets with Donor Restrictions |
122,598 |
86,949 |
Nonoperating Activities |
746 |
2,190 |
Total Change in Net Assets |
130,105 |
94,169 |
Ending Net Assets |
372,384 |
242,278 |
