2014 SOURCES OF REVENUE

2014-SOURCES-OF-REVENUE

REVENUE 2014 2013
Bill & Melinda Gates Foundation (BMGF) 13,915,719 10,591,248
Government of the Republic of Korea 3,243,477 1,967,362
Swedish International Development Cooperation Agency (Sida) 1,705,861
Corporations / Individuals / Others 4,434,552 4,647,797
Korean Government Laboratory Support   1,947,422 785,428
Investments (Interest Income) 72,912 7,507
Total Income 23,614,082 19,705,203
EXPENSES 2014 2013
Program Services 20,130,889 15,838,109
Laboratory Support 1,095,012 1,529,379
Management & General   3,042,428 2,959,935
Communication & Advocacy 802,065 897,756
Total Expense 25,070,394 21,225,180
Foreign Exchange Gain (Loss) (778,585) (52,373)
Net Surplus (Deficit) (2,234,897) (1,572,350)

2014 EXPENSE ALLOCATION

2014-EXPENSE-ALLOCATION

ASSETS 2014 2013
Cash and Cash Equivalents 19,727,307 9,576,112
Bank Deposits  8,056,188 26,597,341
Other Current Assets 860,065 1,031,647
Other Assets 762,415 772,608
Total Assets 29,405,975 37,977,708
LIABILITIES AND NET ASSETS 2014 2013
Grant Funds-Deferred Support 23,604,226 29,632,085
Other Current Liabilities 909,256 1,277,424
Net Assets 4,892,493 7,068,199
Total Liabilities and Net Assets 29,405,975 37,977,708

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