Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information

The World Resources Institute (WRI) and its subsidiaries reported total assets of $261,740,321 as of September 30, 2020, an increase from $169,995,735 in 2019. The organization's total operating revenues for the 2020 fiscal year were $235,894,882, with total operating expenses of $143,915,998. Independent auditors Grant Thornton LLP issued an unmodified opinion on the financial statements and confirmed compliance with the major federal program identified as the USAID Hay Tao Program. WRI's work focuses on seven critical issues: Climate, Energy, Food, Forests, Water, Cities and Ocean, supported by disciplinary centers in Business, Economics, Finance, and Governance. The organization maintains a donor-restricted endowment of $25 million (cost basis) and operates regional offices in China and Africa, as well as subsidiaries in India and Europe.

• As of September 30, 2020, the World Resources Institute and its subsidiaries held total assets of $261,740,321, compared to $169,995,735 on September 30, 2019.
• For the fiscal year ended September 30, 2020, total operating revenues were $235,894,882 and total operating expenses were $143,915,998.
• The organization's net assets increased to $242,278,481 by September 30, 2020, from $148,109,469 in 2019.
• Grant Thornton LLP issued an unmodified opinion on the consolidated financial statements for 2020 and 2019, stating they present fairly the financial position of the Institute.
• The auditor identified the USAID Hay Tao Program as the major federal program and concluded that the Institute complied in all material respects with the compliance requirements for this program for the year ended September 30, 2020.
• WRI's programmatic focus is divided into seven critical issues: Climate, Energy, Food, Forests, Water, Cities and Ocean.
• The Institute maintains a donor-restricted endowment established on January 1, 1991, with a cost basis of $25 million.
• The organization operates through several subsidiaries and offices, including WRI India (a for-profit company), WRI Europe (a not-for-profit foundation), a Beijing Representative Office (WRI China), and an Africa Regional Office (WRI Africa).
• For the year ended September 30, 2020, total federal expenditures amounted to $3,778,168.
• The Institute reported a total of $2,113,038 in alternative investments (hedge funds and private equity funds) as of September 30, 2020, which are valued using the net asset value (NAV) per share.

APA

World Resources Institute (2020). Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information. https://files.wri.org/s3fs-public/uploads/wri-fy20-audit-a133_0.pdf

Chicago

World Resources Institute. Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information. 2020. https://files.wri.org/s3fs-public/uploads/wri-fy20-audit-a133_0.pdf.

Wikipedia

{{cite report |author=World Resources Institute |title=Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information |date=30 September 2020 |url=https://files.wri.org/s3fs-public/uploads/wri-fy20-audit-a133_0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2020independent, author = {{World Resources Institute}}, title = {{Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information}}, institution = {World Resources Institute}, year = {2020}, month = sep, url = {https://files.wri.org/s3fs-public/uploads/wri-fy20-audit-a133_0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }