Letters to Strangers

“REVENUE - Other Revenues. This refers to a mix of refunds from subscription and utility services received as a discount for nonprofit status, and repayment amounts from microfinance initiatives.”

“EXPENSES - List of Grants and Similar Amounts Paid. This refers to spendings on our Chapters program and our scholarships. The Chapters program supports youth-run branches on-the-ground and grants are made to support their mental health outreach initiatives, including but not limited to: costs associated with inviting a psychologist to speak at their school; costs of training them in crisis response; etc. The scholarships program awards winners with funding to pursue higher-education in a mental health-related field, a personal mental health advocacy project, and/or mental health treatment. For breakdown of these costs, see Part III. EXPENSE - Other Expenses. This refers to professional insurance, subscription services for various technology and software used to deliver our programs, fees associated with legal filings, and expenses made by beneficiaries of microfinance initiatives which were later fully reimbursed and categorized under "Other Revenues".”

“NET ASSETS - Other changes in net assets or fund balances. Total liabilities carried over from the previous year were paid off or discounted. The $8117 of due warehouse rental was waived as a gesture of kindness, and $10000 of the accounts payable was waived as third parties offered heavy discounts for their services as a gesture of goodwill. The remaining $7485 of accounts payable was paid off in full under independent contractor payments. In total, the $25602 of total liabilities carried over from the previous year-end were fully accounted for as we switched from accrual to cash accounting this year, resulting in an increase in available fund balance of the same amount since they are no longer part of funds reserved for outstanding debt.”

“PART II: TOTAL LIABILITIES - There are no loans, accrued amounts, or other such liabilities. Hence, the end-of-year total liabilities amount is $0.”