We receive donations from individuals, governments, foundations and corporations, and have stringent financial controls in place to ensure compliance with donors’ wishes.
One hundred percent of our revenue directly supports WRI’s mission. To maintain our credibility and effectiveness, our income and expenditures are reviewed by professional auditors.
Statement of consolidated activities ($000s)
(At September 30, 2016, with comparative totals for 2015)
|SOURCES OF OPERATING FUNDS||TOTAL 2016||TOTAL 2015|
|Support from Endowment Income/Others||1,238||759|
|Total Unrestricted Revenues and Other Support||90,181||77,291|
|change in operating net asset||548||(88)|
|Change in Designated Net Asset||134||(122)|
|Change in Temporarily Restricted Net Asset||9,051||(7,475)|
|Total Change in Net Asset||9,733||(8,295)|
|Ending Net Assets||90,746||81,014|
The $9 million increase in 2016 net assets was a result of increased revenue in multi-year grants. Many of our large donations run over multiple years and we fully expect renewals.