Teach For Armenia Annual Report 2022 | Page 111

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OPERATIONS VS . PROGRAM COST RATIO PROGRESSION

As an organization , we strive to optimize our efficiency by directing a higher percentage of funds to direct programmatic costs , while ensuring that we are also dedicating a necessary amount of funding to the operational costs that make our work possible . Our mission to enable collective leadership across the country is not possible without the right team and resources in place to actualize it . With the growth of our program and the addition of diverse initiatives to support our mission , we added a new cost category of Program Support to our cost composition breakdown in 2021 and 2022 , to better reflect the allocation of resources within our organization . We are proud to say that according to Charity Navigator ' s financial performance metrics , Teach For Armenia is within the optimal range for Operations vs . Program expenses .
PROGRAM OPERATIONS PROGRAM SUPPORT
65 % 69 % 74 % 80 % 81 % 85 % 22 %
20 %
67 % 69 %
35 %
31 % 26 % 20 % 19 % 15 %
2015 2016 2017 2018 2019 2020
11 %
2021
11 %
2022
Annual Report 2022

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