Annual Report 2013-14 | Page 30

Expenses 2014 $18,803,943 General and Administrative Total Expenses $14,276,694 $2,660,240 Educational Programs 2013 $2,425,594 $21,464,183 (Decrease) Increase in Unrestricted Net Assets $16,702,288 $700,220 $1,623,966 2014 2013 - $112,809 Net Assets Released from Restrictions $46,908 $126,080 Decrease in Temporarily Restricted Net Assets $46,908 $13,271 ($747,128) $1,610,695 Net Assets, Beginning of Year $21,284,737 $19,674,042 Net Assets, End of Year $20,537,609 $21,284,737 CHANGES IN TEMPORARILY RESTRICTED NET ASSETS Contributions Change in Net Assets DONORS Alberto Gomez Hotel Association of D.C. Sherrie McKenna Arent Fox Jay Castano Sheryl Sherwin AT&T Jay Haddock Sonia Gutierrez Bank of America Kokkoros/Rohrer Family Tempo Books Building Hope Mari Carmen Aponte Care First Blue Cross New Futures Toyota Motor North America, Inc. Carmen Ramirez Patrick Benedict Trudy Hagen Cyndi Benedetti Tucker & Associates PLLC Doris Lesher River Road Unitarian Universalist Congregation Hector Torres Ruth Ticktin Verizon *Note: The majority of donors contributed to our scholarship funds and to the grand opening of the new Sonia Gutierrez Campus. 30 31