1 2.7 %
Education and other
17%
Marketing and membership
Financial Highlights
1 4.7 %
Standards and guidelines
The Statement of Financial Position at the close of fiscal year 2022 indicated that CLSI had total assets of $16.6 million. The majority of those assets were in investments. CLSI’s largest liabilities were deferred membership dues and subscriptions of approximately $2.2 million. Deferred membership dues and subscriptions will be earned and recognized as revenue over the upcoming year. CLSI’s unrestricted net assets, also known as the organization’s reserves, were $13.3 million in, of which $12 million represent liquid reserves with horizons less than one year. CLSI’s operations generated $1.3 million in income during FY2022, but investment losses caused net assets to decrease by $372 thousand for the year. The change in net assets represented approximately $11 million in revenues, $10 million in expenses, and $1.7 million in investment losses. CLSI has three primary revenue streams: sales of standards, membership dues, and grants revenue. CLSI’s primary expense categories are: standards and product development, global health partnerships, marketing, information technology, and general and administrative.
20%
Management and general
32%
Standards and product development
Membership dues
24%
39%
4 0.6 %
Global health program
Grants and contracts
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