Below is a summary of Robin Hood's most recent revenue and expense data from our audited financial statements. A copy of Robin Hood's audited financial statements and/or our most recently filed IRS Form 990 is available upon request. To view Robin Hood's IRS Form 990, follow this link: www.guidestar.org.



Robin Hood's board of directors pays for all administrative and fundraising costs.
100% of your donations pay for grants and initiatives to fight poverty.
STATEMENT OF REVENUE AND EXPENSES
For the year ended December 31, 2006
     Non-Board
Contributions
  Revenue from
Board Members
  Total  
REVENUE            
Contributions  101,189,562 39,331,636      140,521,198 **
Gains on board-donated investments      32,452,950    32,452,950  
           
Total Revenue  101,189,562    71,784,586    172,974,148  
           
           
  Grants Paid by
Non-Board Contributions
  Costs Covered by
Board Members
   Total  
EXPENSES            
Program:            
Grants and initiatives  80,598,229        80,598,229  
Salaries, benefits and overhead including
  program and management consulting services
     5,951,901    5,951,901  
Evaluations and consulting services
  for grantees
     724,583    724,583  
Subtotal - Program  80,598,229    6,676,484    87,274,713  
             
Fundraising and Public Information:            
Events production      13,043,304    13,043,304  
Salaries and overhead      4,654,624    4,654,624  
Subtotal - Fundraising and Public Information  -    17,697,928    17,697,928  
             
Administration salaries and overhead:  -    2,475,138    2,475,138  
Total expenses  80,598,229    26,849,550    107,447,779  
             
Change in net assets  20,591,133  44,935,036    65,526,369  
             

 

** Includes $13.3 million of pledges to be collected in future years.

* 100% of non-Board contributions pay for grants and initiatives within one year. Therefore, 2006 contributions will be used to pay for grants and initiatives in 2007.









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