IXL Social Enterprise Case Studies Housing January 2012 | Page 18

Revolutionizing the way to make housing affordable for everyone

Exhibit 4.2
Consolidated Statements of Activities and Changes in Net Assets

Year Ended June 30

2011 Total
2010 Total
2009 Total
Revenues and gains
Contributions $157,407,503 $179,208,568 $171,787,684
Donations-in-kind $38,060,546 $62,095,510 $45,718,451
Government grants
$63,318,338
$20,903,370
$17,364,922
Other income, net
$28,551,513
$23,142,632
$10,870,874
Total revenues and gains
$287,337,900
$285,350,080
$245,741,931

Expenses
Program services:
U.S. affiliates
$159,833,807
$130,114,334
$134,986,851
International affiliates
$82,463,243
$72,975,040
$66,012,763
Public awareness and education $26,197,990
$34,083,447
$15,543,764
Total program services
$268,495,040
$237,172,821
$216,543,378

Supporting services:
Fundraising
$37,301,937 $42,844,662 $37,768,754
Management and general
$13,717,040
$12,212,717
$12,809,294
Total supporting services:
$51,018,977
$55,057,379
$50,578,048

Total expenses
$319,514,017
$292,230,200
$267,121,426
Losses (recoveries) on
($189,860)
($120,403)
$1,826,826
(recoveries) on contributions
receivable
Total expenses and losses
$319,324,157
$292,109,797
$268,948,252
(recoveries) on
contributions receivable

Change in net assets
($31,986,257)
($6,759,717)
($23,206,321)
Net assets at beginning of year $196,257,623
$203,017,340
$226,223,661
Net assets at end of year
$164,271,366
$196,257,623
$203,017,

Source: Habitat for Humanity International Annual Report 2010, 2011

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