Since it was first established in 2008, Results for Development (R4D) has grown from a revenue of $6 million to more than $37 million.
Financial Statement for Fiscal Year 2020 (not yet audited)
| FY20 | |
| ASSETS | |
| Cash and cash equivalents | $11,308,782 |
| Grants and contracts receivable | $9,050,689 |
| Prepaid expenses | $317,078 |
| Property and equipment, net | $2,139,397 |
| TOTAL ASSETS | $22,815,946 |
| LIABILITIES AND NET ASSETS | |
| Liabilities | |
| Accounts payable and accrued expenses | $491,771 |
| Accrued payroll | $673,073 |
| Grants payable | $1,923,960 |
| Deferred revenue | $8,851,550 |
| Deferred rent | $2,741,516 |
| TOTAL LIABILITIES | $14,681,869 |
| Net Assets | |
| Unrestricted (deficit) | ($2,244,008) |
| Temporarily restricted | $10,378,085 |
| TOTAL NET ASSETS | $22,815,946 |
| TOTAL LIABILITIES AND NET ASSETS | $22,815,946 |
