IRD: 2011 in Review

Finances

International Relief & Development, Inc. And Affiliates Provisional Consolidated Statement of Financial Position

December 31, 2011

IRD ended 2011 in a state of strong financial health. Notably, over 92 percent of revenues provided services to our beneficiaries.

2011 Expenses

Assets

Cash & Cash Equivalents 17,952,426
Contracts Receivable 8,709,150
Grants Receivable 72,603,628
Accounts Receivable 249,668
Prepaid Expenses & Field Advances 3,360,682
Property & Equipment 402,147
Deposits & Other Assets 4,704,028
Total Assets 107,981,729

Liabilities

Accounts Payable & Accrued Expenses 80,579,076
Loan Payable -
Refundable Advances 15,654,175
Deferred Rent 18,375
Total Liabilities 96,251,626

Net Assets

Unrestricted 11,575,649
Temporarily Restricted 154,454
Total Net Assets 11,730,103
Total Liabilities & Net Assets 107,981,729

International Relief & Development, Inc. And Affiliates Provisional Consolidated Statement of Activities

December 31, 2011

IRD manages the resources entrusted to it both wisely and cost efficiently to achieve the program impacts expected by our donors and partners.

2011 Funding by Sector

Revenue & Support

Contract & Grant Revenue 414,280,155
Contributed Goods 63,182,282
Interest Income 3,178
Net Assets Released From Restrictions -
Satisfaction of Program Restrictions -
Total Revenue & Support 477,465,615

Program Services

Community Stabilization 134,662,163
Infrastructure 163,420,371
Sustainable Food & Agriculture 11,762,292
Special Projects 7,765,187
Health 63,765,885
Democracy & Governance 45,480,243
Relief 8,948,526
Total Program Services 435,804,667

Supporting Services

Management & General 40,388,872
Fundraising 8,550
Total Expenses 476,202,089
Change in Net Assets 1,263,526
Net Assets, Beginning of Year 10,466,577
Net Assets, End of Year 11,730,103
Partners & Donors Leadership