This bar chart illustrates our financial performance last year.
Total Donations we received during the year, $21, 041. These donations flowed in from various sources, illustrated in the charts below.
36% of our donations went right back out as Grants we donated to our beneficiaries, and Projects that directly impact our mission during the year. A total of $7,000 Cash was donated to various organizations, also detailed below, and $618 supporting our Native Bee Habitat installations and maintenance around the Truckee Meadows.
As a startup, and being in our 2nd year of existence, we Retained Assets of $7,115, continuing to build a solid financial base, for financial stability and a platform from which to launch future projects. As of January 1, 2022, we have Total Assetsof $15,707 in cash and inventory and no debt.
Of course, running a business means spending money on things like license fees, insurance, advertising, and just the expenses of running a business. We hate ‘em, try to keep them down, and we wound up with $5,726 in Administrative Expenses, 27% of our budget.
We received 7% of our donations from International sources.
In recognition of this fact, our board allocated a portion of our grant money to organizations outside of the US. In 2021, we donated $500 to Bees for Development, which was matched 1:1 by a nonprofit in the UK.
Last year, we received donations from these places. There are bee lovers all over the world!
HSBF was happy to support the following organizations with cash donations.
Our donation was matched by a UK nonprofit, and supports beekeeping training in Ethiopia.
Researcher Randy Oliver provides open access to scientific honey bee research presented in layman’s terms.
These were the three biggest projects for us in 2021.
We provided the installation, maintenance and signage for 5 native bee habitats: 3 in the Rosewood Nature Study Area, and 2 in Valley Wood Park.
Our bee information booth exhibit was limited last year, due to Covid and the smoke from CA wildfires. Our booth did make an appearance on three occasions in the Reno / Tahoe area.
We are pleased to entrust our funds to Greater Nevada Credit Union, for their support of Caldor Fire victims, Eddy House, the Education Alliance and more. https://www.gncu.org/