FY 2019 Annual Report • September 1, 2018- August 31, 2019
TOTAL REVENUE TOTAL EXPENSES
$4,950,644 $4,725,340
from 2018: $5,097,782 from 2018: $5,767,143
Assets
Current Assets
Property & Equipment
Other Assets
TOTAL ASSETS
$371,589
$1,648,017
$235,000
$2,254,606
Liabilities & NET assets
Current Liabilities $721,540
Long-term Debt $327,000
Net Assets
TOTAL LIABILITIES & NET ASSETS
“
I learned that one has the
ability to change people,
change their point of view,
help them to be better
people. And everyone can
do it, but maybe they don’t
know how, and a course
like EPI can open the doors.
-JOSÉ, LOCAL MEXICO
PARTICIPANT
$1,206,066
$2,254,606
Figures as of August 31, 2019
REVENUE
EPI is a tuition-driven organization
with more than half of our annual
operating budget covered by
paying students. In fact, our model
is highly sustainable and efficient,
with 64% of our budget covered by
earned income.
While every student pays tuition
to invest themselves in project
outcomes, EPI ensures programs
are affordable to youth from all
economic backgrounds.
“
FINANCIAL SUMMARY
FY2019 Revenue Sources
Tuition
57%
Grants
16%
Donations
12%
Non-Cash
8%
DIVERSE RESOURCES Pacuare
Income
4%
The diversity of our revenue sources helps
promote sustainability of our activities,
which is critical to long-term success. Other
Income
3%
13