Issue link: http://endeavor.uberflip.com/i/88132
NETWORK & GLOBAL FINANCIALS QUOTED ENDEAVOR GLOBAL FINANCIALS CONSOLIDATED STATEMENT OF FINANCIAL POSITION (December 31, 2011 in $USD) ASSETS Cash and Cash Equivalents Contributions Receivable Grants Receivable Prepaid Expenses & Other Assets Property & Equipment TOTAL ASSETS LIABILITIES AND NET ASSETS Accounts Payable and Other Accrued Liabilities Due to Affiliated Entities Deferred Rent & Capital Lease Obligations TOTAL LIABILITIES NET ASSETS Unrestricted Temporarily Restricted Permanently Restricted TOTAL NET ASSETS TOTAL LIABILITIES & NET ASSETS COMBINED STATEMENT OF ACTIVITIES (December 31, 2011 in $USD) SUPPORT AND REVENUE Contributions Grants Gala & Other Fund-Raising Events Net Realized & Unrealized Gains on Investments Interest & Other Income In-Kind Services & Goods Net Assets Released From Restriction TOTAL SUPPORT AND REVENUE EXPENSES Search & Selection eMBA Program Entrepreneur Services Endeavor Net Organizational Development Center for High-Impact Entrepreneurship New Country Expansion Partnerships and Network Philanthropic Networks TOTAL PROGRAM EXPENSES Direct Donor Benefits of Gala & Other Fund-Raising Events Management and General Fundraising and Development TOTAL EXPENSES Change in Net Assets Net Assets, Beginning of Year NET ASSETS, END OF YEAR unrestricted 2,971,502 6,044,130 2,596,770 110 243,488 185,698 12,041,698 2,219,930 2,750,000 (2,750,000) 14,791,698 (530,070) 1,191,976 357,108 1,540,884 279,027 1,135,183 851,956 1,481,005 799,901 235,033 7,872,073 211,339 399,938 772,101 9,255,451 0 5,536,247 (530,070) 9,223,254 3,431,997 0 0 25,000 0 0 temporarily permanently restricted 2,219,930 restricted TOTAL 5,191,432 6,044,130 2,596,770 110 243,488 185,698 14,261,628 0 14,261,628 1,191,976 357,108 1,540,884 279,027 1,135,183 851,956 1,481,005 799,901 235,033 7,872,073 211,339 399,938 772,101 9,255,451 5,006,177 12,680,251 14,759,501 2,901,927 25,000 17,686,428 A complete set of the audited financial statements by McGladrey and Pullen for the fiscal year ending December 31, 2011 can be obtained by sending a written request to Endeavor Global, Inc. at 900 Broadway suite 301, New York, 10003, USA US$ 13,857,650 2,247,713 681,997 192,624 1,251,622 18,231,606 279,341 118,624 147,213 545,178 14,759,501 2,901,927 25,000 17,686,428 18,231,606 "With Endeavor, countries can move forward exponentially; without it, they will languish as the world around them moves into a speed, a transformation we have never known, until now." Peter Kellner Richmond Global LLC Founder & Managing Partner Endeavor Global Co-Founder & Board Member 59