Financials

Since it was first established in 2008, Results for Development (R4D) has grown from expenditures of $3.6 million to expenditures of more than $26 million.

Our most significant growth can be attributed to grant revenue — from $12.5 million in the first year to $33.6 million in annual revenue for 2016, with a significant amount of multi-year awards from some of the largest and most prestigious foundations in the world. Contract revenue has also significantly increased, and now represents a significant source of revenue that allows for growth and sustainability.

Financial Statement for Fiscal Year 2016

FY16
ASSETS
Cash and cash equivalents $15,478,887
Grants and contracts receivable $11,624,623
Prepaid expenses $309,178
Property and equipment, net $2,084,355
TOTAL ASSETS $29,497,043
 
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses $1,037,396
Accrued payroll $371,196
Grants payable $156,786
Deferred revenue $759,940
Deferred rent $3,151,995
TOTAL LIABILITIES $5,477,313
Net Assets
Unrestricted $792,150
Temporarily restricted $23,227,580
TOTAL NET ASSETS $24,019,730
TOTAL LIABILITIES AND NET ASSETS $29,497,043

See Past Financial Statements

R4D Digital Communities

We create and support global communities of innovators, funders and policymakers for continuous and iterative learning, knowledge generation, exchange and collaboration. Explore some of our communities: