Change on the Ground, Change in the Air
Operations and Finance
WRI ended 2022 in good financial and operational health. Thanks to the generosity of our donors, WRI continues to increase our impact while stewarding our growth with sound financial management.
WRI’s new strategy includes a greater focus on improving internal systems to facilitate and enable delivery of our mission across the global network. With a new Managing Director and CFO in place, our team is focused on strengthening financial structures; enhancing people management to attract, retain and motivate world class talent; refreshing our technology infrastructure; and aligning our operations across all WRI offices.
The trust of our supporters is one of our highest priorities. WRI consistently receives top ratings from charity evaluators for our strong financial stewardship and commitment to transparency and accountability. Our ratings include a top-rated four stars from Charity Navigator, a Platinum Seal of Approval from Guidestar and an A+ from Charity Watch.
Statement of Consolidated Activities ($000s)
(As of September 30, 2022, with comparative totals for 2021)
SOURCES OF OPERATING FUNDS WITHOUT DONOR RESTRICTIONS |
2022 |
2021 |
---|---|---|
Grants/Contributions |
$201,552 |
$162,562 |
Federal Grants |
9,140 |
5,025 |
Support from Endowment Income/Others |
(533) |
2,494 |
Total Revenues and Other Support |
210,158 |
170,081 |
EXPENSES |
2022 |
2021 |
---|---|---|
Program Activities |
180,380 |
148,201 |
General Administration |
16,642 |
13,753 |
Development |
1,897 |
1,367 |
Total Expenses |
198,919 |
163,321 |
Change in Operating Net Assets |
11,239 |
6,761 |
Total Net Assets at the Beginning of the Fiscal Year |
372,384 |
242,278 |
CHANGE IN NET ASSETS DURING THE FISCAL YEAR |
2022 |
2021 |
---|---|---|
Net Assets without Donor Restrictions |
11,239 |
6,761 |
Net Assets with Donor Restrictions |
(19,555) |
122,598 |
Nonoperating Activities |
(1,092) |
746 |
Total Change in Net Assets |
(9,408) |
130,105 |
Ending Net Assets |
362,976 |
372,384 |