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.
   6   7   8   9   10   11   12