Overview

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
Grants/Contributions $81,620 $71,591
Federal Grants 7,323 4,941
Support from Endowment Income/Others 1,238 759
Total Unrestricted Revenues and Other Support 90,181 77,291
EXPENSES
Program Activities 81,920 70,433
General Administration 5,630 5,017
Development 2,082 1,929
Total Expenses 89,632 77,379
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.