2017 annual report

Page 11

FINANCIAL REVIEW

*Auditor’s report for fiscal years ended June 30, 2017 and 2016 is available upon request.

FY 16

FY 17 Unrestricted Revenues and Other Support

$ 55,499,953

$ 52,945,145

Expenses

57,631,462

52,154,154

Operating Profit / (Loss)

(2,131,509)

Other Income

12,634,249

790,991 2,785,981

Revenue in Excess of Expenses

$ 10,502,74 0

$

Current Assets

$ 14,990,799

$ 12,237,093

32,365,172

30,795,857

123,633,003

112,343,779

28,939,545

29,919,484

Total Assets

$ 199,928,519

$ 185,296,213

Current Liabilities

$

$

Foundation Investments and Long-term Assets Net Property and Equipment

Long-term Liabilities Net Assets Total Liabilities and Net Assets

IN APPRECIATION OF OUR VOLUNTEERS

6,543,809

3, 576,972

5,618,428

10,401,050

11, 1 2 7,670

182,983,660

168,550,115

$ 199,928,519

$ 185,296,213

La Rabida is a special place, not only because of what we do, but also because of who we are. For our patients and families, our caring and compassionate volunteers are an integral part of the La Rabida experience. From our after-school tutors to our nursing volunteers, there is no shortage of generous spirits who make a difference in the lives of our kids.

From July 1, 2016 through June 30, 2017, 196 volunteers gave 9,457 hours of service to La Rabida. Our volunteers’ generous gifts of time, cheer and goodwill help smooth the way for our patients and their families each and every day. Without our dedicated volunteers, we could not fulfill our mission. For that, we are forever grateful.


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