Your 2022 Year-End Review
Thank you for a successful 2022! As the world felt the shock of the war in Ukraine, along with skyrocketing inflation and ongoing supply chain issues, you helped us stay the course.
During the last year, we graduated the fifth cohort of students and welcomed the sixth. Also, Heather Cannon (US Co-Founder & Executive Director) returned to Liberia after nine years and saw first-hand how your generous support opened doors for Liberian Youth.
Looking ahead to 2023, we started the year by adding a driver’s education program, reaching 100% solar energy capacity, and planning our new campus in Brewerville, Liberia. Our 2021 anonymous $50,000 donor made all these initiatives possible. Additionally, 2023 marks our 10th Anniversary, and that is an accomplishment we all need to celebrate!
Revenue
You generously raised $16,545.01 for Liberian Youth in 2022. Here is the breakdown:
- 83% from businesses and individuals
- 17% of employer match programs
Expenses
Uniting Distant Stars allocated $27,198.03 to the programs and projects listed below. Please note that $10,787.80 from the 2021 donations carried over.
- The 4th and 5th cohorts of students received learning materials and supplies from your generous help of $5,705 (20.98%). You supported 70 graduates from the 5th cohort who received their diplomas on October 15, 2021.
- Two sponsors for six vocational training students for 50% scholarships or learning materials support for $515 (1.89%).
- Three sponsors supported eight academic students with full 2022--2023 school year scholarships at $1.520 (5.59%).
- Capital purchases of a used Toyota Corolla with license, insurance, and accessories for Driver’s Ed and Solar installation equipment and labor at $17,500 (64.34%)
- Administrative costs at $1,958.03 (7.2%).
Assets
Furthermore, current assets are $18,021.34, of which 29% is allocated for projects from the 2021 large donor, 21% for the new center construction), 3% for programs, 40% unrestricted funds for operational and program needs, and 7% set aside for reserves. If you want to see how this compares to 2021, click this link.
Donors
Our heartfelt Thanks to all our supporters for your continued commitment to Liberian students receiving quality education! (*** represents Star Champions (Monthly Donors)
Board Members, Volunteers & Staff