Donors &
Financials

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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 amid all the complications 2020 had in store.

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.

The pandemic was complicated to deal with from a financial perspective for Youthlinc in 2020. Since a large portion of our revenues are related to capstone international service trips, when trips had to be postponed, this caused a major shift in our financial profile this year.

Between many volunteers choosing to remain with us for another year, a variety of other revenue streams (grants, sponsorships, Payroll Protection Program, etc.), and sacrifices made by the organization and staff, we were able to balance our budget in 2020 and set ourselves up for a lean but sustainable 2021.

As we head into 2021 with ongoing uncertainty about international travel, we are optimistic that due to the sound financial management of Youthlinc during the past 21 years, we will be able to successfully keep operations going into 2022 when society is expected to get back to a more normal state.

Assets

	2020	2019
ASSETS
Current Assets
Cash and cash equivalents	1,151,628	453,619
Accounts Receivable	17,940	-
American Express Credits and Trip refunds	33,225	-
Auction item inventory	-	5,637
Total Current Assets	$1,202,793	$1,799,812

Noncurrent Assets
Land	473,446	954,499
Investments	954,449	855,910

Total Assets	$2,630,688	$1,799,812

Liabilities and Net Assets
Current liabilities
Accounts Payable	-	4,930
Deferred revenue	725,570	-
Small Business Loan	101,822	-
IRA	698	1,065
Total Current Liabilities	$828,090	$5,995

Net Assets
Unrestricted	994,303	1,248,581
Capital campaign	199,437	93,035
Temporarily Restricted	534,910	399,712
Net investment activity	73,913	52,489
Total Net Assets	$1,802,599	$1,793,817

Total Liabilities and Net Assets	$2,630,688	$1,799,812

revenues & support

	2019	2019
REVENUES AND SUPPORT
Service Year participant fees	18,873	1,349,576
Service Year project donations	61,932	263,841
General fund donations	6,169	7,268
Sustaining Membership	111,327	96,836
Capital Campaign	240,873	-
Forfeited deposits	54,947	14,895
Fundraising events	53,458	99,493
Grants	213,000	158,750
Investment Income and interest	5,907	10,931
Net investment activity	21,423	15,356
Total Net Assets	$787,909	$2,106,947

expenses

	2020	2019
EXPENSES
Program expense	338,329	1,304,734
Project expense	124,734	343,777
Capital Campaign expense	123,235	7,525
Overhead expense	79,743	77,650
Fundraising expense	51,885	75,994
Total Expenses	$767,927	$1,809,681