{"id":357,"date":"2023-06-27T03:37:29","date_gmt":"2023-06-27T03:37:29","guid":{"rendered":"https:\/\/upglo-annual.kudos.nyc\/2022\/?page_id=299"},"modified":"2023-07-27T00:57:14","modified_gmt":"2023-07-27T00:57:14","slug":"financials","status":"publish","type":"page","link":"https:\/\/annual-report.upwardlyglobal.org\/2022\/financials\/","title":{"rendered":"Financials"},"content":{"rendered":"\n
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\n Financials <\/h1>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
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\n \n
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\n Statement of Activities <\/h2>\n
\n

Year ended December 31, 2022, Audited, in thousands.<\/p>\n <\/div>\n <\/div>\n\n \n

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\n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n Operating Revenue <\/th>\n \n <\/th>\n <\/tr>\n <\/thead>\n \n
\n Corporate and Foundation Contributions <\/td>\n \n $13,909 <\/td>\n <\/tr>\n
\n Government Grants <\/td>\n \n 2,114 <\/td>\n <\/tr>\n
\n Earned Revenue <\/td>\n \n 1,085 <\/td>\n <\/tr>\n
\n PPP Loan Forgiveness <\/td>\n \n 866 <\/td>\n <\/tr>\n
\n Individual Contributions <\/td>\n \n 670 <\/td>\n <\/tr>\n
\n Special Events, Net <\/td>\n \n 662 <\/td>\n <\/tr>\n
\n In-Kind Contributions <\/td>\n \n 2,432 <\/td>\n <\/tr>\n <\/tbody>\n \n
\n Total Operating Revenue <\/td>\n \n $21,738 <\/td>\n <\/tr>\n <\/tfoot>\n \n <\/table>\n <\/div>\n
\n \n \n \n \n \n \n \n \n \n \n \n
\n Expenditures <\/th>\n \n <\/th>\n <\/tr>\n <\/thead>\n \n
\n Personnel <\/td>\n \n $7,325 <\/td>\n <\/tr>\n
\n General and Administrative Expenses <\/td>\n \n 968 <\/td>\n <\/tr>\n
\n Professional Fees <\/td>\n \n 687 <\/td>\n <\/tr>\n
\n Occupancy and Rentals <\/td>\n \n 337 <\/td>\n <\/tr>\n
\n In-Kind Expenses <\/td>\n \n 2,432 <\/td>\n <\/tr>\n <\/tbody>\n \n
\n Total Expenditures <\/td>\n \n $11,749 <\/td>\n <\/tr>\n <\/tfoot>\n \n <\/table>\n <\/div>\n \n \n \n \n \n \n \n
\n Change in Net Assets <\/td>\n \n $9,989 <\/td>\n <\/tr>\n
\n   <\/td>\n \n <\/td>\n <\/tr>\n
\n + Net Assets – Beginning <\/td>\n \n 10,880 <\/td>\n <\/tr>\n
\n Net Assets – Ending <\/td>\n \n $20,869 <\/td>\n <\/tr>\n <\/table>\n <\/div>\n <\/div>\n <\/div>\n\n
\n <\/linearGradient><\/defs><\/svg>\n <\/div>\n<\/div>\n\n\n
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\n Sources of Funds <\/h3>\n\n \n
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\n <\/canvas>\n <\/div>\n \n
\n $21,738 <\/div>\n <\/div>\n <\/div>\n\n
\n
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\n <\/div>\n
\n 64%\n <\/div>\n
\n Corporate and Foundation Contributions <\/div>\n <\/div>\n
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\n <\/div>\n
\n 11%\n <\/div>\n
\n In-kind Contributions <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 10%\n <\/div>\n
\n Government Grants <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 5%\n <\/div>\n
\n Earned Revenue <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 4%\n <\/div>\n
\n PPP Loan Forgiveness <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 3%\n <\/div>\n
\n Special Events, NET <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 3%\n <\/div>\n
\n Individual Contributions <\/div>\n <\/div>\n <\/div>\n \n <\/div>\n
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\n Uses of Funds <\/h3>\n\n \n
\n
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\n <\/canvas>\n <\/div>\n \n
\n $11,749 <\/div>\n <\/div>\n <\/div>\n\n
\n
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\n <\/div>\n
\n 80%\n <\/div>\n
\n Program <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 15%\n <\/div>\n
\n Management and General <\/div>\n <\/div>\n
\n
\n <\/div>\n
\n 5%\n <\/div>\n
\n Fundraising <\/div>\n <\/div>\n <\/div>\n \n <\/div>\n <\/div>\n <\/div>\n <\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-357","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/pages\/357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/comments?post=357"}],"version-history":[{"count":0,"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/pages\/357\/revisions"}],"wp:attachment":[{"href":"https:\/\/annual-report.upwardlyglobal.org\/2022\/wp-json\/wp\/v2\/media?parent=357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}