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%