Financial Statements

Carefor: Condensed Financial Statements

Condensed statement of financial position at March 31, 2018 with comparative figures

  March 31, 2018
$000's
March 31, 2017
$000's

Assets:

Accounts receivable and other current assets
Investments
Capital assets

Total assets

6,301
7,178
5,851

19,330

5,271
8,579
5,664

19,514

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

6,216
2,362
3,900
6,852

19,330

5,294
2,960
3,404
7,856

19,514

Condensed statement of operations for the twelve month period ending March 31, 2018 with comparative figures.
  2018   2017

Revenue:

Fees for services
Grants
Donations and fundraising
Amortization of deferred contributions
Other
Investment income

Total revenue

39,249
13,073
935
502
567
108

54,433

37,998
10,775
1,027
532
676
702

51,710

Expenses:

Salaries and benefits
Direct program supplies and expenses
Occupancy costs
Office and general expenses
Amortization of capital assets

Total expenses

43,034
6,493
1,602
3,131
737

54,997

39,575
5,985
1,528
2,389
787

50,264

Net revenue (564) 1,446

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

 

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