Page 11 - CLH Foundation - Annual Report - 2020-2021
P. 11
2021 2020
Revenues Revenues
Fundraising* (Schedule 4) $110,056 Fundraising* (Schedule 4) $165,109
Rental Income $36,000 Rental Income $36,000
Donations $30,892 Donations $16,010
Grants** $12,007 Grants** -
Amortization of deferred capital contributions $8,382 Amortization of deferred capital contributions $8,382
TAY & Teen Camp contributions $5,798 TAY & Teen Camp contributions -
Investment income $698 Investment income $9,663
Fundraising $67,843 Fundraising $88,070
$176,610 $147,094
Expenses Expenses
Administrative Services $145,909 Administrative Services $125,413
Professional Fees $23,958 Professional Fees $4,969
Amortization of buildings $18,899 Amortization of buildings $18,899
Advertising and promotion $9,983 Advertising and promotion $1,034
Rent & utilities $6,275 Rent & utilities $6,793
Office $5,212 Office $12,890
Training $1,339 Training $1,385
Interest and bank charges $829 Interest and bank charges $3,445
Insurance $500 Insurance $2,253
Repairs and maintenance – Repairs and maintenance $310
$212,904 $177,391
Deficiency of revenues over ($36,924) Deficiency of revenues over ($30,297)
expenditures from operations expenditures from operations
Unrealized gain (loss) on investments $94,080 Unrealized gain (loss) on investments ($4,459)
Contributions to CLH Developmental ($45,791) Contributions to CLH Developmental ($72,332)
Support Services Support Services
$48,289 ($76,791)
Excess (deficiency) of Excess (deficiency) of
revenues over expenses $11,995 revenues over expenses ($107,088)
*An additional $48,654 raised for programming is being held in deferred revenue until the supported programs can resume
A copy of the full audited Financial Statements **The continuation of our Aging In Place campaign was boosted with a $79,949 County of Simcoe Age-Friendly Housing Grant
is available from CLH Foundation upon request for nine projects. While the projects were paused due to Covid-19, these funds were deferred and will be shown on the 2021/2022 statements.