EO Annual Report

Statement of Financial Position (Unaudited)

Fiscal Year 2024-2025

Assets

EO Companies EO Holdings

EO Companies (EO)

Cash and Cash Equivalents Contributions Receivable, Net Grants Receivable Loans Receivable Prepaid Expense

$ 2,850,111

$ 595,215

The name EO is Latin for “go,” a reflection of the organization’s drive for action, representing EO’s commitment to moving ideas forward and challenging the status quo. By connecting cross-discipline experts, community members, and resources, we create data informed, innovative solutions in our priority areas of early childhood care and education and workforce innovation. EO’s goal is to create communities where people have the resources they need to live longer, healthier lives.

$ 1,896,689 -

$ 748,445

$ 200,000

$ 8,887,500 -

$ 160,186

-

Property & Equipment, Net

$ 5,934,642 $ 22,629,013

Total Assets

$ 20,477,573 $ 23,424,228

EO Holdings

LIABILITIES Accounts Payable & Accrued Liabilities Notes Payable, Net

To bring the Regional Workforce and Child Development Hub to life, EO leveraged a federal program called New Markets Tax Credits (NMTC), which helps direct private investment into community-focused developments. As part of this process, EO created a separate nonprofit entity: EO Holdings. EO Holdings was established to serve as the real estate owner during the required seven-year NMTC compliance period, allowing EO to unlock millions in federal support that reduced project costs and made the Hub possible. Looking ahead, EO Holdings is structured to manage not only the Hub but also future properties that advance EO’s mission. This flexibility ensures that when opportunities arise, whether through tax credit financing or other investment tools, EO has the capacity to secure and steward real estate projects that benefit the region.

$ 658,557

$ -

$ 5,157,837 $ 12,290,000

Other Liabilities Total Liabilities

$ 71,027

-

$ 5,887,421

$ 12,290,000

NET ASSETS Without Donor Restrictions

$ 10,109,962 $ 10,545,793

With Donor Restrictions $ 4,480,190 $ 588,435 Total Net Assets $ 14,590,152 $ 11,134,228 TOTAL LIABILITIES & NET ASSETS $ 20,477,573 $ 23,424,228

Revenue

Expense

9.27% 4.63%

3.62% 4.48%

Corporate and Individual Contributions In-Kind Contributions Grant Revenue Contract Services & Other Revenue

Program Service Expense Management & General Expense Fundraising Expense

12.99%

91.90%

73.11%

Revenue Breakdown

Amount

Expenditure Breakdown

Amount

Corporate and Individual Contributions

$ 646,792

Program Service Expense $ 11,141,428 Management & General Expense $ 438,868 Fundraising Expense $ 543,129 Total Revenue $ 12,123,425

In-Kind Contributions

$ 1,814,500

Grant Revenue $ 10,208,240 Contract Services & Other Revenue $ 1,294,074 Total Revenue $ 13,963,606

ANNUAL REPORT

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