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Financials

Statement of Activities

Year ended June 30, 2017


Revenue

Government $12,243,732 42%
Corporations $2,545,403 9%
Foundations $1,479,850 5%
Individuals $5,617,588 19%
Other $7,383,535 25%

Total Revenue

$29,270,108

100%

 

Expenses

Program Services:    
     School Support $11,471,836 42%
     Curriculum & Instruction $10,414,402 37%
     Systems & Data
 
   $2,802,963
$24,689,201
10%
 

Supporting Services:
   
     Management & General $2,570,680 9%
     Fundraising
 
  __$550,579
$3,121,260
2%
 

Total Expenses

$27,810,461

100%

 

*In accordance with generally accepted accounting principles, New Visions records contributions as revenue in the year in which they are committed even if the funds are not received. Expenditures are recorded in the year in which they are incurred.