2021 Year in Review| World Relief Chicagoland Annual Report

More documents

Recommendations

Info

FINANCIAL SUMMARY2021 INCOME7.38%Gifts in kind3.64%Earned income$9,481,4442021 INCOMETOTAL52.56%Public funding36.41%Private funding25% Churches25% Corporations25% Foundations15% Individuals10% Other2021 EXPENSES79.0%Program expenses$8,705,9432021 EXPENSETOTAL3.5%Fundraising17.5%Administration andother indirect costs22 | Year in Review 2021
WORLD RELIEF CHICAGOLAND FINANCIAL STATEMENT2021 Fiscal Year (October 1, 2020 - September 30, 2021)Income Actual BudgetPublic Grants $ 4,983,571 $ 3,962,700Private Income $ 3,452,317 $ 2,441,710Earned Income $ 345,556 $ 305,000U.S. Ministry Funds $ - $ 10,000Use of Cash Reserves $ - $ 290,500Gifts in Kind (GIK) $ 700,000 $ 700,000Income Total $ 9,481,444 $ 7,709,910ExpensesSalaries $ 4,909,260 $ 4,831,070Other Direct Costs $ 1,971,633 $ 1,358,495Indirect Costs $ 1,125,050 $ 795,250Gifts in Kind (GIK) $ 700,000 $ 700,000Expense Total $ 8,705,943 $ 7,684,815Surplus Carried to FY22* $ 775,501* Thanks to World Relief Chicagoland’s generous supporters, 2021income exceeded program expenses, with a budget surplus allowingfor greater flexibility and innovation in the following fiscal year.Year in Review 2021 | 23
Page 2 and 3: DEAR FRIENDS,As we reflect on the p
Page 4 and 5: 4 | Year in Review 2021
Page 6 and 7: When weconnect witheach other overt
Page 8 and 9: THEJOURNEY OFATIMAJAMILAKHANIBRAHIM
Page 10 and 11: A STORY OF IMPACTIn Afghanistan, Sa
Page 12 and 13: Partners in WelcomeINDIVIDUALSEven
Page 14 and 15: VOLUNTEERSWith more than 1,000 new
Page 16 and 17: CHURCHESFor more than 40 years, chu
Page 18 and 19: FOUNDATIONS AND CORPORATIONSWorld R
Page 20 and 21: BRINGINGPEOPLETOGETHER300+PAID AND
Page 24: AURORA73 S. LaSalle StreetAurora, I

2021 Year in Review| World Relief Chicagoland Annual Report

Create successful ePaper yourself

Delete template?

Save as template?