2017 Financials
Revenues, Gains and Other Support
2017
2016
Contributions and Grants
$3,174,207
$2,395,067
Special Events Revenue
$788,835
$547,876
Less: Direct Cost of Special Events
($251,111)
($220,000)
Student Attrition - Unused Awards
$87,442
$152,481
Donated Facilities, Goods, and Services
$330,190
$275,608
Other Revenue
$2,073
$4,768
Investment Earnings
$4,021
$9,832
Total Revenues and Gains
$4,135,657
$3,165,632
Net Assets Released from Restrictions
$529,885
$80,530
Total Revenues, Gains and Other Support
$4,135,657
$3,165,632
Expenses
2017
2016
Program Services
Tuition and stipends
$432,841
$181,805
Student Development
$156,702
$281,363
Research and Evaluation
$16,273
$17,594
Other Program Related
$1,537,462
$1,143,503
Total Program Services
$2,143,278
$1,624,265
Supporting services
Management and General
$387,539
$350,957
Fundraising
$491,058
$327,089
Total Supporting Services
$878,597
$678,046
Total Expenses
$3,021,875
$2,302,311
Change in Net Assets
$1,113,782
$863,321
Net Assets
2017
2016
Beginning of Year
$1,708,126
$844,805
End of Year
$2,821,908
$1,708,126
Income Sources
51% Foundation 2% Government
23% Corporations 24% Individual
Full audit available upon request.