STATEMENTS OF FINANCIAL POSITION

as of December 31, 2010 and 2011

2010

2011

ASSETS
Current assets:
Cash and cash equivalents
Restricted cash
Short term investments at fair value
Pledges receivable
Grants receivable
Foreign fundraising partner receivables
Other receivables
Prepaid expenses and deposits
Total current assets

Property and equipment, net of

accumulated depreciation
Long term investments at fair value
Employee retirement funds, restricted
Other assets
Total assets

8,477,638
129,407
4,820,044
800,842
261,620
131,255
279,617
218,192
15,118,615

239,623
7,452,021
104,260
112,632
$

7,058,725
4,865,959
1,127,966
757,367
186,726
224,930
199,910
14,421,583

272,602
5,965,451
61,778
135,621

23,027,151

20,857,035

385,519
1,500,481
14,500
1,900,500

451,623
529,520
40,541
1,021,684

LIABILITIES AND NET ASSETS

Current liabilities:
Accounts payable
Accrued liabilities
Other liabilities
Total current liabilities

Employees' retirement fiduciary liability

Total liabilities
Net Assets:
Unrestricted net assets
Temporarily restricted net assets
Total net assets
Total liabilities and net assets

104,260
2,004,760

61,778
1,083,462

5,319,988
15,702,403
21,022,391

8,300,764
11,472,809
19,773,573

23,027,151

20,857,035

STATEMENTS OF ACTIVITIES
for the years ended December 31, 2010 and 2011

Unrestricted
Support and Revenue:
Foundations
Corporations
Individuals
Schools and other
Donations in kind
Book sales
Investment income
Loss on currency exchange
Other income
Net assets released from restrictions

Total Support and Revenue

Operating Expenses:
Program services:
Literacy
Gender Equality
Total program services
Supporting services:
Management and general
Fundraising
Total Operating Expenses
Changes in net assets
Translation adjustments
NET ASSETS:
Beginning of year
End of year

303,755 $
1,548,802
7,165,733
120,857
5,123,969
467,217
(220,569)
3,673
20,680,418

2010
Temporarily
Restricted

Total

3,428,489 $
5,671,266
15,188,202
399,014
56,941
121,814
44,286
(20,680,418)

3,732,244
7,220,068
22,353,935
519,871
5,123,969
56,941
589,031
(220,569)
47,959
-

35,193,855

4,229,594

27,811,073
3,990,302
31,801,375

Unrestricted
$

2011
Temporarily
Restricted

Total

1,060,191 $
4,348,834 $
913,981
3,278,471
3,584,619
14,717,979
107,809
243,699
4,557,956
29,182
107,976
131,675
(40,624)
50,286
20,530
19,059,333
(19,059,333)

5,409,025
4,192,452
18,302,598
351,508
4,557,956
29,182
239,651
(40,624)
70,816
-

39,423,449

29,401,527

3,711,037

33,112,564

27,811,073
3,990,302
31,801,375

20,553,592
2,985,373
23,538,965

20,553,592
2,985,373
23,538,965

2,243,153
4,456,540
38,501,068

2,243,153
4,456,540
38,501,068

1,824,427
3,038,851
28,402,243

1,824,427
3,038,851
28,402,243

(3,307,213)
326,437

4,229,594
-

922,381
326,437

999,284
327,423

3,711,037
-

4,710,321
327,423

8,300,764

11,472,809

19,773,573

6,974,057

7,761,772

14,735,829

5,319,988 $

15,702,403 $

21,022,391

11,472,809 $

19,773,573

8,300,764 $

Vertical analysis of balance sheet

Asset

Cash and cash equivalents

Restricted cash
Short term investments at fair value
Pledges receivable
Grants receivable
Foreign fundraising partner receivables
Other receivables
Property and equipment, net of accumulated depreciation
Long term investments at fair value
Employee retirement funds, restricted
Other assets

Total Asset

2010

2011

24%

31.8%

7.9%

3.4%

3.0%

1.1%

.8%

.2%

.1%

3.6%

3.4%

16.8%

15.9%

.4%

.5%

2%

1.6

5.8%

7.0%

65.2%

64.1%

27.8%

30.5%

15.1%

12.5%

24.1%

21.1%

15%

19%

1.6%

2.8%

16.4%

14.1%

100%

100%

LIABILITIES AND NET ASSETS

Accounts payable
Accrued liabilities
Other liabilities
Employees' retirement fiduciary liability
Unrestricted net assets
Temporarily restricted net assets
Total liabilities

Horizontal analysis of balance sheet

Asset

Cash and cash equivalents

Restricted cash
Short term investments at fair value
Pledges receivable
Grants receivable
Foreign fundraising partner receivables
Other receivables
Property and equipment, net of accumulated depreciation
Long term investments at fair value
Employee retirement funds, restricted
Other assets

2010

2011

100%

57.8%

100%

22%

100%

3.0%

100%

18%

100%

11%

100%

14.1%

100%

3.4%

100%

15.9%

100%

15%

100%

16%

100%

7.0%

100%

45.2%

100%

5.9%

100%

33.1%

100%

19%

100%

2.8%

100%

14.1%

Total Asset

LIABILITIES AND NET ASSETS

Accounts payable
Accrued liabilities
Other liabilities
Employees' retirement fiduciary liability
Unrestricted net assets
Temporarily restricted net assets
Total liabilities

Vertical analysis of STATEMENTS OF ACTIVITIES

Revenue
Support and Revenue:

Foundations

Corporations

Individuals

Schools and other

Donations in kind

Book sales

Investment income

Loss on currency exchange

Other income

2010%

2011%

100

100

15%

19%

27%

28%

7%

9%

11%

13%

21%

19%

.6%

1.2%

12%

9.4%

(3%)

(4.3%)

9.4%

5.7%

20.3%

23.8

35%

38%

19.3%

15%

Expenses
Operating Expenses:

Program services:

Literacy

Gender Equality

74.6

76.8%

Total program services

Supporting services:

Management and general

Fundraising
Total Operating Expenses

11.5%

12%

13.9%

11.2%

100%

100%

Horizontal analysis of STATEMENTS OF ACTIVITIES

Revenue
Support and Revenue:

Foundations

Corporations

Individuals

Schools and other

Donations in kind

Book sales

Investment income

Loss on currency exchange

Other income

2010%

2011%

100%

44.5%

100%

19%

100%

22%

100%

7%

100%

1.2%

100%

13%

100%

4.7%

100%

12%

100%

7.9%

100%

21%

100%

21%

100%

23%

100%

17%

100%

20%

100%

32%

100%

13%

100%

21.6%

Expenses
Operating Expenses:

Program services:

Literacy

Gender Equality

Total program services

Supporting services:

Management and general

Fundraising

Total Expenses

Ratio Analysis
Ratios

2010

2011

Defensive interval ratio

Liquid fund indicator
21%
22.2%
Saving indicator
.8%
3%
Debt ratio
17%
16.6%
Revenue ratio
3.4%
12.3%
Contribtion and grant
Govt grant
1.5
1.8
Program service expense
.5
.9
http://www.docstoc.com/docs/516377/Analysis-of-key-financial-ratios-in-Non-profit-Organizations