2018 Annual Statement
| 2018 | 2017 | |
|---|---|---|
| Revenues & Expenses | ||
| Total Public Support & Revenue | $19,209,863 | $17,241,652 |
| Total Expenses | $18,631,803 | $16,935,818 |
| Change in Net Assets | $578,060 | $305,834 |
| Balance Sheet | ||
| Total Assets | $78,073,206 | $72,170,040 |
| Total Liabilities | $61,763,395 | $56,438,289 |
| Total Net Assets | $16,309,811 | $15,731,751 |
| Total Liabilities & Net Assets | $78,073,206 | $72,170,040 |
| 2018 | 2017 | |
|---|---|---|
| Historic Impact | ||
| Amount Disbursed Since Inception | $303,160,165 | $270,886,703 |
| Number of Loans | 20,900 | 19,762 |
| Clients Served | 14,944 | 14,287 |
| Portfolio & Client Insights | ||
| LiftFund Owned | $48,628,761 | $44,080,486 |
| LiftFund Servicing Portion | $15,746,469 | $12,600,527 |
| Total Portfolio Under Management | $64,375,230 | $53,681,013 |
| Active Clients | 2,677 | 2,683 |
| Average Loan Balance | $23,265 | $21,126 |
| Delinquency Rate | 3.29% | 3.69% |
| Net Losses | 3.96% | 4.93% |
