2021 Annual Report
2021 FINANCES YEAR – IN – REVIEW
In 2021 we diversified our funding sources to reduce reliance on our Founding Partner , 360 Blue . The result : while 73 % of revenue came directly from 360 Blue in 2020 , only 16 % of our revenue came from 360 Blue in 2021 . That ’ s an improvement of 57 %! We still value our relationship with 360 Blue greatly , but we believe long-term sustainability comes from a diverse revenue portfolio .
We ’ ve also seen a 23 % increase in direct cash donations and a 30 % decrease in administrative costs . That means more of your gifts are going directly to fuel our programs on the ground .
REVENUE
|
2021 |
2020 |
Contributions |
$ 336,805 |
$ 257,802 |
Special Events |
$ 41,326 |
$ 49,210 |
Cash Totals |
$ 378,131 |
$ 307,012 |
In-Kind |
$ 0 |
$ 135,954 |
Total Revenue |
$ 378,131 |
$ 442,966 |
EXPENSES
Programs |
$ 267,374 |
$ 292,755 |
Administration |
$ 88,622 |
$ 126,604 |
Total Expenses |
$ 355,996 |
$ 419,359 |
Net Revenue |
$ 22,135 |
$ 23,607 |
Net Assets , End of Year |
$ 356,763 |
$ 334,628 |
Programs vs . Administration = |
75 % / 25 % |
70 % / 30 % |
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