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1. What are the total expenses and losses (see Consolidated Statement of Activities) as a percentage of total net assets (see Consolidated Statements of Financial

1. What are the total expenses and losses (see Consolidated Statement of Activities) as a percentage of total net assets (see Consolidated Statements of Financial Position)? Do you think this is a healthy percentage? What about the unrestricted and restricted net assets?

Total expenses and losses are $226,597,766 and total net assets are $359,846,541.

Unrestricted net assets are $165,323,688 and restricted (temporarily and permanent) net assets are $194,522,853.

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