Comments on the 2024 financial statements

1. FINANCIAL RESULTS FOR 2024:

• Total Income: 4’780’591.76 CHF
• Total Expenses: 4’769’618.07 CHF
• Surplus: CHF 10,973.69

2. ANALYZING THE MAIN SOURCES OF REVENUE AND EXPENSES:

Revenue : We can analyze revenue from two points of view:

• By type of activity: Identify which activities generate the most revenue.
• By location: : Evaluate revenues according to the regions or locations where the activities were carried out. graph 1

Expense analysis:We aim to identify and analyze the Foundation’s various costs in order to optimize the use of our resources. The main costs are broken down as follows:

• Overheads: These include
• staff salaries and benefits, office supplies, telecommunications costs, and other ongoing operating expenses.
• Scholarship costs: Funds allocated in the form of scholarships, grants or direct aid to beneficiaries.
• Operating expenses by sector: Costs required to maintain each home, broken down by region:
• Operating expenses Fribourg, Operating expenses Geneva, Operating expenses Zurich
• Operating costs Valais and Operating costs Vaud.

This detailed analysis will enable us to understand where our resources are most stretched and identify opportunities to improve our financial efficiency. see chart 2

Operating Expense Ratio:
Formula: (Overhead + Salaries) / Total Expenses
Objective: To measure the proportion of total expenses devoted to operating expenses.

Operating Expense Ratio:
The operating ratio measures a company’s operating efficiency by comparing its overheads and salaries to its total expenses.

General expenses + Salaries: 2’684’264.67CHF
Total expenses : 4’769’618.07 CHF
Operating ratio ≈ 0.56. This equals approximately 56.00%.