Donors &
Financials
Youthlinc is grateful to the hundreds of donors that help us carry forward our mission. We would not exist without your generosity. We are particularly grateful this year to begin rebounding from 2020.
A special thanks to our Sustaining Members (Legacy Sponsors) who donate consistently year after year to support youth in their endeavors to become lifetime humanitarians. Thank you to the foundations, companies, Rotary Clubs, and individuals who have supported students, mentors, Real Life, Young Humanitarian Award, Local Service Directory, Global Community Leadership, our international partners, and our capital campaign.
Between many volunteers choosing to remain with us for another year, a variety of other revenue streams (grants, sponsorships, etc.), and sacrifices made by the organization and staff, we were able to balance our budget in 2021 and set ourselves up for a sustainable 2022.
As we head into 2022, we are optimistic that due to the sound financial management of Youthlinc during the past 22 years, we will be able to successfully keep operations going into 2023 when society is expected to get back to an even more normal state.
Assets
| 2021 | 2020 | |
|---|---|---|
|
ASSETS |
||
|
Current Assets |
||
|
Cash and cash equivalents |
1,147,336 |
1,148,682 |
|
Accounts Receivable |
2,321 |
- |
|
Prepaid Expenses |
1,130
|
- |
|
Auction item inventory |
3,870 |
- |
|
Total Current Assets |
$1,154,657 |
$1,148,682 |
|
|
||
|
Noncurrent Assets |
||
|
Land |
473,446 |
473,446 |
|
Investments |
1,024,288 |
954,449 |
|
|
||
|
Total Assets |
$2,652,391 |
$2,576,577 |
|
|
||
|
Liabilities and Net Assets |
||
|
Current liabilities |
||
|
Accounts Payable |
13,341 |
(2,725) |
|
Deferred revenue |
236,121 |
681,442 |
|
Small Business Loan |
- |
101,822 |
|
IRA |
1,173 |
698 |
|
Total Current Liabilities |
$250,635 |
$781,237 |
|
|
||
|
Net Assets |
||
|
Unrestricted |
1,214,006 |
1,048,965 |
|
Capital campaign |
530,380 |
199,402 |
|
Temporarily Restricted |
566,395 |
534,910 |
|
Net investment activity |
90,976 |
12,063 |
|
Total Net Assets |
$2,401,757 |
$1,795,340 |
|
|
||
|
Total Liabilities and Net Assets |
$2,652,392 |
$2,576,577 |
revenues & support
| 2021 | 2020 | |
|---|---|---|
|
REVENUES AND SUPPORT |
||
|
Service Year participant fees |
674,754 |
18,873 |
|
Service Year project donations |
132,709 |
61,932 |
|
General fund donations |
4,831
|
6,169 |
|
Sustaining Membership |
11,798 |
111,327 |
|
Capital Campaign |
379,971 |
240,873 |
|
Forfeited deposits |
78,913 |
54,947 |
|
Fundraising events |
100,276 |
53,458 |
|
Grants |
135,020 |
213,000 |
|
SBA Loan Forgiveness |
186,139 |
- |
|
Investment Income and interest |
1,613 |
5,907 |
|
Net investment activity |
68,226 |
21,423 |
|
Total Net Assets |
$1,774,250 |
$787,909 |
expenses
| 2021 | 2020 | |
|---|---|---|
|
EXPENSES |
||
|
Program expense |
736,914 |
388,329 |
|
Project expense |
236,244 |
124,734 |
|
Capital Campaign expense |
48,994 |
123,235
|
|
Overhead expense |
97,031 |
79,743 |
|
Fundraising expense |
46,403 |
51,885 |
|
Total Expenses |
$1,165,586 |
$767,926 |
No Data Found
- Al & Pat Vitale
- Andrea Steenburgh
- Brenden & Teresa Powell
- Brian & Andrea Hebdon
- Brian Mei (Eastern Travel)
- Cecilee Price-Huish & Steve Huish
- Chelsea & Grant Strong
- Chris & Darrin Casper
- Colleen Connelly
- Craig Coleby (Granger Medical)
- Dave & Linda Baugh
- Dave Baranowski
- Deb & Mike Neklason
- Derek & Sidsie Drysdale
- Derick Loyola
- Emilie & Adrian Lefler
- Garner & LeeAnn Meads
- Gene & Evelyn Banks
- Grandeur Peak
- Heber Valley Rotary
- Heidi LeBeau
- Jacque Millard
- Jana Brady
- Jeremy Michel
- Jerika & Dave Mays
- John & Cindy Haglund
- John & Judy Zone
- Jordan Taylor
- Josh & Liz England
- Justin & Britnie Powell
- Karen Hansen
- Kim Hansen & Brian Nelson (Wasatch Pediatrics)
- Kristina Callis-Duffin
- Liz Jensen
- LLH/LHM Foundation
- Mark & Shelly Burningham
- Mark and Margareta Vlasic (Landmark Design)
- Mark Erickson
- Melanie Anderson
- Mike & Karen Draper
- Mike & Lisa Wheeler
- Millcreek Rotary
- Nathan Jones
- Niki & Joe Sepulveda
- Ollie & Carola Michel
- Paul & Kim Stringham
- Paul & Leslie Smoot
- Paul & Susan Matthews
- Rob & Jackie Hibbard
- Rob Berman
- Roy Ostendorf
- Scott & Kristi Phillips
- Shannon Moss
- Shaun & Annette Michel
- Stephanie Black
- Steve Barth
- Sylvia & Frank Jessen
- Teri & Flynn Paulsen
- Troy & Keri Bengtzen
- Tyler & Andrea Young