Financials

Fiscal Year 2015 CGAP

Projected Outcome

Proportions show comparison between fiscal years, presented in thousands.

Presented in thousands.

Projected Cash Balance

(End of Fiscal Year)
$35,530
$21,640 in 2014

Commitment Balance

(End of Fiscal Year)
$7,437

Cash Inflows

2015
2014
Uncommitted Cash Balance at the Beginning of Fiscal Year
2015:21,640
2014:25,275
Commitment Balance at the Beginning of Fiscal Year
2015:7,437
2014:4,028
Donor Contributions Received Thru June
2015:29,850
2014:21,126
Reflows from Previously Committed Grants
2015:0
2014:315
External Funded Output Budget Received
2015:1,206
2014:597
Interest Income
2015:125
2014:130
Total Inflows
2015:60,258
2014:51,471

Expenses

Staff Salaries & Benefits
2015:7,767
2014:7,978
Field Assignment Benefits
2015:367
2014:140
Office Occupancy and Staff Related IT Support
2015:1,245
2014:972
Web Related IT Support
2015:493
2014:826
Consultant Fees
2015:4,181
2014:3,200
Travel Expenses
2015:2,061
2014:2,453
Grants
2015:500
2014:255
Contractual / Firm Services
2015:7,153
2014:5,557
Other Operating Expenses
2015:160
2014:343
Total Expenses
2015:23,937
2014:21,726
Administrative Fee
2015:790
2014:668
Total Expenses Including Administrative Fee
2015:24,727
2014:22,393
Item20142015
Cash Inflows
Uncommitted cash balance at the beginning of fiscal year25,274,61821,640,455
Commitment Balance at the beginning of fiscal year4,027,9987,436,893
FY15 donor contributions received thru June 201529,849,612
FY14 donor contributions received thru June 201421,126,199
Reflows from previously commited grants314,902
External Funded Output budget received596,6181,206,055
Interest Income130,328124,807
Total Inflows51,470,66360,257,822
Expenses by Expense Category
Staff Salaries & Benefits7,978,3787,766,705
Field Assignment Benefits139,692376,353
Office occupancy and staff related IT support972,1511,245,396
Web related IT support825,936492,772
Consultant fees3,200,2174,181,101
Travel Expenses2,453,3094,181,101
Grants255,285500,000
Contractual / Firm services5,557,3957,153,187
Other operating expenses343,359159,919
Total Expenses21,725,72223,936,875
Administrative Fee667,593790,453
Total Expenses including Administrative Fee22,393,21524,727,328
Commitment balance at end of FY7,436,893
Projected Cash Balance at the end of fiscal year21,640,45535,530,494

Projected Expenses

Proportions show comparison between fiscal years, presented in thousands.

Presented in thousands.

Total Expenses

(Including Administrative Fee)
Program Expenses
Administrative Fee
$24,727
$22,393 in 2014

Program Expenses

$23,937
$21,725 in 2014

Administrative Fee

$790
$668 in 2014

Strategic Priorities & Initiatives

2015
2014
Understanding Demand to Effectively Deliver for the Poor
Show Details (2015)
Customers at the Center: 2,629
Graduating the Poor: 173
2015:2,802
2014:25,275
Innovating for Smallholder Families
2015:2,386
2014:873
Developing Robust Provider Ecosystems
Show Details (2015)
Inclusive Payments Ecosystems: 4,932
Digital Finance Frontiers: 1,193
Digital Finance: 734
2015:6,859
2014:7,981
Building an Enabling and Protective Policy Environment Globally
Show Details (2015)
Global Policy Architecture: 1,547
Protecting Customers: 1,345
2015:2,891
2014:1,963
Promoting Effective and Responsible Funding for Financial Inclusion
Show Details (2015)
Guidance for Funders: 706
Measuring Market Development: 559
2015:1,265
2014:1,195
Regional Representatives
2015:602
2014:1,375
Knowledge Product Dissemination & Community Building
Show Details (2015)
Communications & Publications, INCL Printing & Translation: 1,510
Microfinance Gateway: 780
Information Gateway: 734
Gateway Academy: 110
2015:3,094
2014:3,419
Technology Program Wrap up
2015:791
2014:0
Cross Initiatives Work
2015:319
2014:0
Subtotal Strategic Priorities / Initiatives
2015:21,009
2014:19,210

Corporate & Other

Boulder Scholarships
2015:93
2014:109
CG/Excom Meeting
2015:249
2014:309
Staff Training & Retreats
2015:126
2014:184
Grant to MX
2015:500
2014:0
Subtotal Corporate & Other
2015:2,928
2014:2,515
Item20142015
Strategic Priorities / Initiatives
Understanding Demand to Effectively Deliver for the Poor2,403,5512,801,899
Customers at the Center2,629,163
Graduating the Poor172,736
Innovating for Smallholder Families872,7302,629,163
Developing Robust Provider Ecosystems7,980,6996,859,056
Inclusive Payments Ecosystems4,931,622
Digital Finance Frontiers1,193,004
Digital Finance +734,430
Building an Enabling and Protective Policy Environment Globally1,963,4031,264,849
Global Policy Architecture1,546,672
Protecting Customers1,344,721
Promoting Effective and Responsible Funding for Financial Inclusion1,195,3551,264,849
Guidence for Funders706,080
Measuring Market Development558,769
Regional Representatives1,375,360602,106
Knowledge Product Dissemination & Community Building3,419,1783,094,055
Communications & Publications, incl printing & translation1,509,670
Microfinance Gateway779,605
Information Technology Platform694,767
Gateway Academy110,013
Technology Program Wrap up790,769
Cross Initiatives Work319,263
Subtotal Strategic Priorities / Initiatives19,210,27621,009,178
Corporate & Other
Boulder Scholarships109,00093,400
CG / Excom Meeting308,620249,147
Staff Training & Retreats184,370125,879
Management, Administration, and Other1,913,4541,959,271
Grant to MIX500,000
Subtotal Corporate & Other2,515,4442,927,697
Total Program Expences21,725,72023,936,875
Administrative Fee667,593790,453
Grand Total including Administrative Fee22,393,31324,727,328