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Points of Light: Annual Report 2024

Page 13

POINTS OF LIGHT FINANCIAL REPORT

POINTS OF LIGHT FOUNDATION STATEMENT OF FINANCIAL POSITION (*) Assets Current Assets

POINTS OF LIGHT FOUNDATION STATEMENT OF ACTIVITIES (*) Revenue

$

7,013,461

Noncurrent Assets: 12,931,251

Investments

Contributions

$

11,877,021

Corporate Partnership

8,323,558

Special Event

3,196,150

Property and Equipment, Net

92,209

Investment Return, Net

2,294,364

Right-of-use Asset, Operating Leases

48,167

Annual Conference

1,823,089

Program Service

1,711,245

Membership Dues

1,073,875

Total Assets

$

20,085,088

Liabilities Total Liabilities

$

7,564,673

Donated Goods and Services

484,088

Other

26,377

Total Revenue

$

30,809,767

$

15,126,022

Net Assets Without Donor Restrictions

$

With Donor Restrictions Total Net Assets

Total Liabilities and Net Assets

$

$

5,112,734

Expenses

7,407,681

Program Expenses:

12,520,415

Corporate Programs

20,085,088

Convenings

3,253,290

Program Evaluation, Network and Non-Governmental Organizations

2,378,781

529,449

Other Total Program Expenses

$

21,287,542

$

6,635,217

Supporting Expenses: Management and General

2,193,274

Fundraising $

8,828,491

Total Expenses

$

30,116,033

Change in Net Assets

$

693,734

Total Supporting Expenses

(*) Points of Light Foundation’s auditors have expressed an unqualified opinion on our September 30, 2024, consolidated financial statements. The financial statements include associated notes that are essential to understanding the information presented herein. The full set of statements and notes is available at Points of Light’s website, pointsoflight.org.

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