Carefor: Condensed Financial Statements

Condensed statement of financial position at March 31, 2017 with comparative figures

 

March 31, 2017
$000's

March 31, 2016
$000's

Assets:

Accounts receivable and other current assets

Investments

Capital assets

Total assets

5,271

8,579

5,664

19,514

4,906

7,516

5,803

18,225

Liabilities & Net Assets:

Accounts payable and accrued liabilities

Deferred contributions (grants and fundraising)

Deferred contributions related to capital assets

Net assets

Total liabilities and net assets

5,294

2,960

3,404

7,856

19,514

5,030

2,686

3,543

6,966

18,225

Condensed statement of operations for the twelve month period ending March 31, 2017 with comparative figures.

 

2017 

2016

Revenue:

Fees for services

Grants

Donations and fundraising

Amortization of deferred contributions

Other

Investment income

Total revenue

37,998

10,775

1,027

532

676

702

51,710

34,646

9,338

1,080

537

673

(55)

46,219

Expenses:

Salaries and benefits

Direct program supplies and expenses

Occupancy costs

Office and general expenses

Amortization of capital assets

Total expenses

39,575

5,985

1,528

2,389

787

50,264

36,660

5,226

1,499

2,440

771

46,596


Net revenue


1,446


(377)

Carefor's audited financial statements are available on request to info@carefor.ca

CAREFOR is a registered trademark of Carefor Health & Community Services