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