EDC’s revenue totaled $206.5 million in fiscal year 2013. A surplus of $1 million brings our net assets to $20 million as of September 30, 2013.
EDC continually invests its net assets to support our projects, programs, and research.
Fiscal years ended September 30, 2013 and 2012.
|$, in thousands|
|Revenue (including change in temporarily restricted assets)||$206,474||$194,500|
|Salaries and Benefits||89,749||90,035|
|Materials, Supplies, and Other Costs||64,195||61,364|
|Change in Net Assets||$1,030||$1,872|
|Property and Equipment, Net||15,763||17,775|
|Liabilities and Net Assets|
|Total Liabilities and Net Assets||$61,099||$62,949|
Revenues from FY 2004 through FY 2013 (in millions)
U.S. Government: International (54%)
U.S. Government: Domestic (37%)
Private and Other Public* (9%)
* Includes development banks, foundations, corporations, state and local agencies, and other nonprofits
Program Services (91.7%)