The Rensselaerville Institute
 

 

Finances

Overview 2007

With revenues of $6,659,000 from four sources (Investor and Implementor programs, School Turnaround, The Meeting Center and general support) and expenses of $5,761,000, the year 2007 ended with an increase in net assets of $898,000. ($491,000: unrestricted; $407,000: temporarily and permanently restricted)

While the Institute is an independent 501(c)(3) nonprofit it has an intentional financial structure committed to a diversified source of revenue to insure its long term financial health, serve as a model to other nonprofit organizations and demonstrate our commitment to live by our own principals.

2007 saw strong growth in revenues in both the School Turnaround programs and the Investor and Implementer Programs.

Below is a graph showing a general break down of revenues and expenses for our fiscal and calendar year 2007.

2007 Financial Summary

Operational Revenues and Institute Support- $6,659,000.00

Operational Expenses - $5,761,000.00

 

Download pdf - Audited Consolidated Financial Statement 2007

Download pdf - Audited Consolidated Financial Statement 2006