Driving Change and Transforming Lives Together
2023 Impact Report
financials
Please find our consolidated financial information from 2023 below.
Driving Change and Transforming Lives Together
2023 Impact Report
financials
Please find our consolidated financial information from 2023 below.
$2.6 million directly invested into Equitable Development Activities
Since 2014, our investments have leveraged over $79 million into our neighborhoods.
%
81% of all our resources invested back into community serving programs and services
| Statement of Financial Position | 2023 | 2022 |
| Assets | $16,613,943 | $16,392,602 |
| Cash | $3,381,850 | $4,535,855 |
| Grants Receivable | $2,667,017 | $2,759,364 |
| Endowment | $8,732,947 | $7,729,127 |
| Program Related Investment (Loan) | $1,787,536 | $300,000 |
| Other | $44,593 | $1,068,256 |
| Liabilities | $165,732 | $271,118 |
| Accounts Payable | $94,507 | $102,674 |
| Grants Payable | $15,000 | $85,500 |
| Other | $56,225 | $82,944 |
| Net Assets | $16,448,211 | $16,121,484 |
| Total Liabilities & Net Assets | $16,639,478 | $16,392,602 |
| Income Statement | 2023 | 2022 |
| Revenue | $5,005,175 | $5,859,123 |
| Grants/Contributions | $4,442,200 | $5,280,731 |
| Government Grants/Earned Revenue | $329,830 | $507,897 |
| Other | $233,145 | $70,495 |
| Expenses | $5,695,041 | $6,065,851 |
| Grants & Program Services | $4,623,889 | $5,197,422 |
| Management & General | $1,071,152 | $868,429 |
| Investment Income | $1,016,593 | ($206,728) |
| Unrealized Loss/Gains on Investments | $1,016,593 | ($1,626,258) |
| Change in Net Assets | $312,268 | ($1,832,986) |
Neighborhood Allies
429 Fourth Avenue, Suite 1900
Pittsburgh, PA 15219
412.471.3727
www.neighborhoodallies.org info@neighborhoodallies.org