charity: water's 2011 Annual Report

A lot has happened this past year.
Read all about it in our Annual Report.

Financials

Financial Recap

Our 2011 financial position is the strongest to date.
As a result, we really increased our capacity to invest in
new and exciting ways of tackling the water crisis. We also got
better at doing things bigger and faster. And we started 2012
with a renewed confidence in the strength of our model and
vision for the future.

$1,786,109
2007
$6,278,270
2008
$8,545,043
2009
$15,849,350
2010
$27,084,678
2011
Total Money Raised

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Charity: water financial summary

bar graph of charity: water's 2011 financial summary

When we say 100%, we mean 100%.

Download our 100% Model Audit Opinion here »

100% Water

In 2011, we sent $17,646,927 to 2,406 water projects in
15 developing countries. That’s 100% of every dollar
raised by the public. Here’s where the money went:

$17,646,927

100% of all public donations directly
funded water projects

  • Ethiopia $8,454,337
  • Cambodia $1,509,477
  • Malawi $1,273,507
  • Kenya $939,796
  • Rwanda $953,766
  • India $861,315
  • Tanzania $798,114
  • Sierra Leone $720,584
  • Bangladesh $410,454
  • Guatemala $393,627
  • Honduras $356,080
  • DRC $298,334
  • Nepal $249,500
  • Bolivia $225,068
  • Liberia $202,968

100% Operations

In 2011, we invested $3,403,359 of private donations in our own infrastructure, including competitive staff salaries and benefits, technologies, water program development, trips to the field, special events and office operations.
Here’s where the money went:

  • Payroll $1,969,405
  • Professional Fees $488,432
  • Credit Card Fees $260,462
  • Office Equipment & Supplies $216,642
  • Travel $213,972
  • Rent & Utilities $108,627
  • Shipping, Printing & Postage $107,503
  • Events $22,131
  • Marketing $16,185
$3,403,359

100% of our staff and operating
costs were funded by private donors
and events

Total Support

  • Individuals
  • Foundations & Organizations
  • Corporations
  • Special Events*
  • * includes individual contributions

Total
Support
65% of donations for
water were raised
online. 78% of all
contributions came
from individual donors.

Organizational
Efficiency

  • Program Services
  • Development
  • Management & General

Efficiency
It costs just 6¢
to raise $1.

Consolidated Statement of Financial Position

Charity Global, Inc. for the year ended December 31, 2011, with summarized comparative figures at December 31, 2010.

Assets Unrestricted Temporarily Restricted 2011 2010
Cash and cash equivalents $7,015,537 $10,768,577 $17,784,114 $10,095,966
Contributions and pledges receivable (net) $321,118 $5,647,785 $5,968,903 $3,153,452
Prepaids and other current assets $125,564 - $125,564 $109,729
Fixed assets (net of accumulated depreciation) $228,806 - $228,806 $166,893
Total assets $7,691,025 $16,416,362 $24,107,387 $13,526,040
 
LIABILITIES AND NET ASSETS
Liabilities:
» Committed to water programs - $10,472,362 $10,472,362 $5,535,190
» Accounts payable $32,230 - $32,230 $82,574
» Accrued expenses $61,873 - $61,873 $63,562
Total liabilities $94,103 $10,472,362 $10,566,465 $5,681,326
Net assets:
» Unrestricted $7,596,922 - $7,596,922 $2,330,493
» Temporarily restricted - $5,944,000 $5,944,000 $5,514,221
Total net assets $7,596,922 $5,944,000 $13,540,922 $7,844,714
TOTAL LIABILITIES & NET ASSETS $7,691,025 $16,416,362 $24,107,387 $13,526,040

CONSOLIDATED STATEMENT OF ACTIVITIES

Charity Global, Inc. for the year ended December 31, 2011, with summarized comparative figures for the year ended December 31, 2010.

Public Support And Revenue Unrestricted Temporarily Restricted 2011 2010
Public Support:
» Individuals $6,573,723 $13,327,455 $19,901,178 $10,818,740
» Corporations $236,701 $1,287,620 $1,524,321 $1,751,960
» Foundations and Other Organizations $1,407,938 $2,117,000 $3,524,938 $2,211,945
» Special Event Revenue
Contributions $631,987 $1,344,631 $1,976,618 $1,063,369
Ticket Sales $247,360 $247,360 $76,640
Net direct benefit to donor ($304,970) ($304,970) ($139,817)
Revenue
» Interest and other Income $34,651 $34,651 $33,486
» Foreign currency remeasurement (loss) gain ($2,012)
Net assets released due to satisfaction of restrictions $17,646,927 ($17,646,927)
Total public support and revenue $26,474,317 $429,779 $26,904,096 $15,814,311
 
Expenses
Program Services $18,505,476 $18,505,476 $9,378,708
Management and general $1,166,703 $1,166,703 $934,174
Development $1,528,984 $1,528,984 $1,044,384
Total Expenses $21,201,163 $21,201,163 $11,357,266
 
CHANGE IN NET ASSETS BEFORE THE EFFECT
OF IN-KIND DONATIONS AND OTHER ITEMS		 $5,273,154 $429,779 $5,702,933 $4,457,045
» Donated goods, services, use of facilities-revenue $1,624,843 $1,624,843 $498,621
» Donated goods, services, use of facilities-expense ($1,624,843) ($1,624,843) ($498,621)
» Loss on disposal of equipment ($6,725) ($6,725)
CHANGE IN NET ASSETS $5,266,429 $429,779 $5,696,708 $4,457,045
 
NET ASSETS AT BEGINNING OF YEAR $2,330,493 $5,514,221 $7,844,714 $3,387,669
 
NET ASSETS AT END OF YEAR $7,596,922 $5,944,000 $13,540,922 $7,844,714