Mission Services of Hamilton, Inc. (a corporation without share capital) Financial Statements For the year ended March 31, 2015
|
|
- Marcus Blankenship
- 6 years ago
- Views:
Transcription
1 Financial Statements For the year ended March 31, 2015
2 Financial Statements For the year ended March 31, 2015 Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position Statement of Revenue and Expenditures Statement of Changes in Net Assets Statement of Cash Flows
3 IBDO Tel: Fax: TolI free: BOO Canada LLP 3115 Harvester Road, Suite 400 Burlington ON L7N 3N8 Canada Independent Auditor's Report To the Directors of Mission Services of Hamilton, Inc. We have audited the accompanying financial statements of Mission Services of Hamilton, Inc. (the "Organization"), which comprise the statement of financial position as at March 31,2015, the statements of revenue and expenditures, changes in net assets and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations. and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Organization's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Organization's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified audit opinion. Basis for Qualified Opinion In common with many not-far-profit organizations, the Organization derives revenue from donations, the completeness of which is not susceptible to satisfactory audit verification. Accordingly, our verification of this revenue was limited to the amounts recorded in the records of the Organization. Therefore, we were not able to determine whether any adjustments might be necessary to donation revenue, excess of revenue over expenditures, and cash flows from operations for the years ended March 31, 2015 and 2014, current assets as at March 31,2015 and 2014 and net assets as at April 1 and March 31 for both the 2014 and 2015 years. Our audit opinion on the financial statements for the year ended March 31, 2014 was modified accordingly because of the possible effects of this limitation in scope. Opinion In our opinion, except for the possible effects of the matter described in the Basis for Qualified Opinion paragraph, the financial statements present fairly, in all material respects, the financial position of Mission Services of Hamilton, Inc. as at March 31, 2015 and the results of its operations and its cash flows for the year then ended in accordance with Canadian accounting standards for not-for-profit organizations. l3d::j <:AI--)I"t-CA /...L.f' Chartered Professional Accountants, Licensed Public Accountants Burlington, Ontario May 26,2015 BDO Canada LLP, a Canadian limited liability partnership. is a member of BDO Inter~ ational Limited. a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.
4 Statement of Financial Position March 31 Assets Current Cash (Note 2) Cash - Trusteeship cli~nt funds (Note 3) Accounts receivable Prepaid expenses Capital assets (Note 4) Reserve cash (Note 5) Liabilities and Net Assets Current Accounts payable and accrued liabilities Trusteeship client funds (Note 3) Deferred contributions Deferred lease rental (Note' 6) Due to related party (Note 7) Current portion of term loan (Note 8) Deferred lease rental (Note 6) Term loan (Note 8) Net ASlets Unrestricted Invested In capital assets Internally restricted (Note 5) $ 642,761 $ 553, , , ,140 64, ,390,827 1,212,123 3,318,764 3,470, a.179 $ 5,207,239 $ 5,141,458 $ 452,432 $ 533, , ,642 27,956 6,000 5,000 1,470 3, ,181,489 1,161,049 77,500 82,500 j j.36z.li ,151 23,030 ( ) 3,318,764 3,470, ~ ~.179 3,839,~ $ $ 5,141,458 '--";'-'-;!""-_~ Director The acx:ompanylng notes are an Integral part of lhese financial statements. 3
5 Statement of Revenue and Expenditures For the ~ear ended March Revenue Contract revenue $ 67,088 Donations - operations 2,698,736 Donations - designated 136,043 Donations in kind 95,640 Government funding 3,416,016 Other income 8,330 Rental income 19 z Expenditures Administrative and professional fees 300,999 Amortization 200,489 Bank charges and interest 39,547 Development costs 722,855 Donations in kind 95,640 Occupancy costs 671,510 Other personnel and volunteer costs 55,255 Program costs 317,606 Wages and benefits 3,931,827 6, Excess (deficiency) of revenue over expenditures from operations 105,530 Gain (loss) on sale of capital assets (395) Contribution of net assets from related parties (Note 7) Excess of revenue over expenditures for the ~ear $ 105, $ 102,945 2, ,504 62, ,727 19,826 5, , ,306 40, ,774 62, ,385 76, ,529 3,947, (288,720) 3,998 1, $ 951,202 The accompanying notes are an integral part of these financial statements. 4
6 Statement of Changes in Net Assets For the year ended March 31 Invested in Capital Internally Unrestricted Assets Restricted Total Total Balance, beginning of year $ (195,028) $3,470,156 $ 459,179 $ 3,734,307 $ 2,783,105 Excess (deficiency) of revenue over expenditure 305,624 (200,489) 105, ,202 Purchased capital assets (151,389) 151,389 Net book value of capital assets sold 695 (695) Capital grant contributions received 101,597 (101,597) Inter-fund transfers (Note 5) (38,469) 38,469 Balance; end of ~ear $ $ ,764 $ $ 3, $ 3,734,307 The accompanying notes are an integral part of these financial statements. 5
7 Statement of Cash Flows For the year ended March Cash flows from operating activities Excess of revenue over expenditures for the year Adjustments to reconcile excess of revenue over expenditures to net cash provided by operating activities (Gain) loss on sale of capital assets Amortization of capital assets Amortization of deferred lease rental Non-cash contribution of net assets from related parties Changes in non-cash working capital balances Accounts receivable Prepaid expenses Accounts payable and accrued liabilities Deferred contributions $ 105, ,489 (5,000) (43,084) (9,108) (80,590) 62,586 $ 951,202 (3,998) 199,306 (5,000) (1.211,214) 152,679 15, ,935 (4,852) 230, ,287 Cash flows from investing activities Purchased capital assets Sale of capital assets Capital grants received Repayments from related parties (151,389) ,597 (17,543) 5,425 33,104 (49,492) 20,986 Cash flows from financing activities Repayments to related party Repayment of term loan (1,870) (51,726) (987) (48,742) (53,596) (49,729) Increase in cash during the year 127, ,544 Cash, beginning of year 1,012, ,120 Cash, end of year $ 1,140,399 $ 1,012,664 Represented by Cash Reserve cash $ 642, ,648 $ 553, ,179 $ $ 1,012,664 The accompanying notes are an integral part of these financial statements, 6
8 March 31, Significant Accounting Policies Nature of Organization Mission Services of Hamilton, Inc. is a Christian, registered charitable not-for-profit organization incorporated without share capital. The purpose of the Organization is to serve men, women and children in the greater Hamilton area in response to basic human needs and to support them in reaching their potential, thereby fulfilling God's call to act justly, to show mercy and to offer hope. As a registered not-for-profit organization, Mission Services of Hamilton, Inc. is exempt from federal and provincial income taxes. Basis of Accounting The financial statements have been prepared using Canadian accounting standards for notfor-profit organizations. Revenue Recognition The Organization follows the deferral method of accounting for contributions. Externally restricted donations and government funding are recognized as revenue in the year in which the related expenses are incurred. Unrestricted donations and government funding are recognized as revenue when received or receivable if the amount to be received can be reasonably estimated and collection is reasonably assured. Externally restricted capital grants are amortized on the same basis as the assets to which they relate. Amortization of these capital grants for the year amounted to $174,690 ( $184,903). Contract, rental and other revenue is recorded when the service is provided and collection is reasonably assured. Donations-in-Kind Donations of supplies, food, equipment and sundry items which are used in the normal course of the Organization's operations and would otherwise have been purchased are recorded at their fair market value at the date of contribution. Contributed Services Volunteers contribute significant amounts of time to assist the Organization in carrying out its service delivery activities. Because of the difficulty in determining their fair value, contributed services are not recognized in the financial statements. Capital Assets Capital assets are stated at cost less accumulated amortization. Amortization based on the estimated useful life of the asset is calculated as follows: Buildings Vehicles Furniture and equipment Computer equipment 5% declining balance basis 30% declining balance basis 20% declining balance basis 30% declining balance basis 7
9 March 31, Significant Accounting Policies (Continued) Leased Assets Leases are classified as capital or operating leases. A lease that transfers substantially all of the benefits and risks incidental to the ownership of property is classified as a capital lease. At the inception of a capital lease, an asset and an obligation are recorded at an amount equal to the lesser of the present value of the minimum lease payments and the property's fair value at the beginning of the lease. All other leases are accounted for as operating leases wherein rental payments are expensed on a straight-line basis. Financial Instruments Financial instruments are recorded at fair value when acquired or issued. In subsequent periods, financial instruments are reported at cost or amortized cost less impairment, if applicable. Financial assets are tested for impairment when changes in circumstances indicate the asset could be impaired. Transaction costs on the acquisition, sale or issue of financial instruments are charged to the financial instrument for those measured at amortized cost. Use of Estimates The preparation of financial statements in accordance with Canadian accounting standards for not-for-profit organizations requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from management's best estimates as additional information becomes available in the future. 2. Cash The Organization has available $300,000 of operating credit facilities at the bank's prime rate plus 0.75%. The facilities are secured by land and buildings owned by the Organization. There were no funds advanced under these credit facilities at March 31, Cash - Trusteeship Client Funds The Organization operates a trusteeship program in which funds are received and disbursed on behalf of clients. 8
10 March 31, Capital Assets Land Buildings Vehicles Furniture and equipment Computer equipment Capital grants Net book value $ $ Accumulated Accumulated Cost Amortization Cost Amortization 379,078 $ - $ 379,078 $ 10,048,290 3,893,483 9,945,866 3,572, ,538 82,100 90,449 63,661 1,131,168 1,006,161 1,107, , , , , ,995 12,075,219 5,373,884 11,926,636 5,000,815 (7,078,576) (3,696,005) (6,976,980) (3,521,315) $ 1, $ 4,949,656 $ 1,479,500 $ 3,318,764 $ 3,470, Reserve Cash and Internally Restricted Net Assets The reserve cash and internally restricted net assets are approved by the Board of Directors and relate to funds specifically held for capital projects and to fund future operations. During the year, the Board of Directors approved a transfer of $62,500 ( $37,000) from unrestricted net assets to internally restricted net assets. In addition, the Board of Directors approved expenditures during the year of $24,031 ( $59,221) from internally restricted net assets for repairs and maintenance. 6. Deferred Lease Rental The Organization purchased a property in October 2011 for a total purchase price of $450,000. A portion of the property was subsequently leased back to the vendor. Total cash of $350,000 was paid to the vendor, with the balance of $100,000 representing deferred rent related to the lease agreement entered into with the vendor, which is being amortized over the term of the lease of 20 years. 9
11 March 31, Related Party Transactions and Balances The Organization and Mission Services of Hamilton Foundation are related by virtue of sharing controlling members of their Board of Directors and management. The accounts of Mission Services of Hamilton Foundation are not reflected in these financial statements. Mission Services of Hamilton Foundation is a registered charity incorporated without share capital. and is exempt from federal and provincial income taxes. The following is a summary of financial information: Mission Services of Hamilton Foundation Total assets $ $ 144,318 Total liabilities $ ! Net assets $ $ (19?94) Revenue $ ! Expenditures i 124,491 )& Cash flows from operating activities i lalgg~ i ~~ ~gl The Organization's related party transactions with Mission Services of Hamilton Foundation for the year were as follows: Designated donations received from Mission Services of Hamilton Foundation $ ,147 $ These transactions are in the normal course of operations and are measured at the exchange value. which is the amount of consideration established and agreed to by the related parties. During the previous year. Harbour Rescue Mission. Inc. and Hamilton Employment and Training Centre. Inc. (related parties by virtue of a common Board of Directors and management) ceased operations and were dissolved. Assets of these organizations totalling $ were transferred to Mission Services of Hamilton. Inc. This transaction was measured at the carrying amount of the assets acquired. $ and $ from Harbour Rescue Mission. Inc. and Hamilton Employment and Training Centre. Inc. respectively. and has been recognized in the Organization's statement of revenue and expenditures for the previous year. Harbour Rescue Mission. Inc. and Hamilton Employment and Training Centre. Inc. were registered not-for-profit organizations incorporated without share capital. and were exempt from federal and provincial income taxes. 10
12 March 31, Related Party Transactions and Balances (Continued) Due to Related Party Due to Mission Services of Hamilton Foundation $ 1,470 $ 3,340 This balance is unsecured, non-interest-bearing, and has no specific repayment terms. 8. Term Loan 3.74% term loan, monthly payments of $4,906 principal and interest, maturing March 2018 Less: Current portion 2015 $ 162,532 $ 53,724 $ 108,808 $ ,258 50, ,602 The term loan is secured by a general security agreement and a first collateral mortgage for $1,500,000 on the land and building located at 196 Wentworth Street North, Hamilton, Ontario. Principal repayments required over the next three years are as follows: $ 53,724 55,768 53, Capital Funding and Contingent Liabilities Capital funding was received in 2002 in the amount of $575,000 from the City of Hamilton under the Supporting Communities Partnership Initiative (SCPI). This funding was utilized to fund the renovations to the 309 James Street North and the 325 James Street North properties. An agreement is in place which may require the repayment of these funds if the properties are sold or cease to be used for their intended purposes. Capital funding was received in fiscal 2003 in the amount of $750,000 from the Ministry of Community and Social Services. This funding was utilized to assist in the renovations to 81 Stuart Street (Inasmuch House). An agreement has been registered placing a restriction on title of the property, which prohibits any changes to the property without written approval from the Ministry. 11
13 March 31, Lease Commitments The Organization has entered into various operating leases for office equipment. The future minimum annual lease payments are as follows: $ 43,450 43,450 22, Financial Instrument Risks Liquidity Risk Liquidity risk is the risk that the Organization encounters difficulty in meeting its obligations associated with financial liabilities. Liquidity risk includes the risk that, as a result of operational liquidity requirements, the Organization will not have sufficient funds to settle a transaction on the due date; will be forced to sell financial assets at a value which is less than what they are worth; or may be unable to settle or recover a financial asset. Liquidity risk arises from the Organization's accounts payable and accrued liabilities, term loan and amounts due to related party balances. This risk has not changed from the prior year. Credit Risk Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. The Organization is exposed to credit risk resulting from the possibility that a customer or counterparty to a financial instrument defaults on their financial obligation. The Organization's financial instruments that are exposed to concentrations or credit risk relate primarily to its accounts receivable balances. This risk has not changed from the prior year. 12
Back to God Ministries International Financial Statements For the year ended June 30, 2016
Financial Statements For the year ended June 30, 2016 Financial Statements For the year ended June 30, 2016 Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position
More informationBack to God Ministries International Finandal Statements For the year ended June 30, 2015
Back to God Ministries International Finandal Statements For the year ended June 30, 2015 Financial Statements For the year ended June 30, 2015 Contents Independent Auditor's Report 2 Financial Statements
More informationCHATS - Community & Home Assistance to Seniors Financial Statements For the year ended March 31, 2015
CHATS - Community & Home Assistance to Seniors Financial Statements For the year ended March 31, 2015 Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement
More informationEnded March
Appendix A: Self-Directed Care Ontario Financial Statements for the Period Ended March 31. 2018 Tel: 705 726 6331 Fax: 705 722 6588 www.bdo.ca BOO Canada LLP 300 Lakeshore Drive Suite 300 Barrie, ON L4N
More informationCANADIAN FOUNDATION FOR ECONOMIC EDUCATION
CANADIAN FOUNDATION FOR ECONOMIC EDUCATION FINANCIAL STATEMENTS March 31, 2018 CONTENTS INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Balance Sheet 2 Statement of Changes in Net Assets 3 Statement
More informationMuskoka Victim Services
Financial Statements March 31, 2018 Page Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Operations and Changes In Net Assets 4 Statement of Cash Flows
More informationONTARIO ASSOCIATION OF CHILDREN'S AID SOCIETIES
Financial Statements of ONTARIO ASSOCIATION OF CHILDREN'S AID SOCIETIES Year ended March 31, 2017 KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900
More informationFinancial Statements of MOVEMBER CANADA. Year ended April 30, 2018
Financial Statements of MOVEMBER CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS' REPORT To the
More informationGILDA'S CLUB GREATER TORONTO
Financial Statements of GILDA'S CLUB GREATER TORONTO KPMG LLP Telephone (416) 228-7000 Yonge Corporate Centre Fax (416) 228-7123 4100 Yonge Street Suite 200 Internet www.kpmg.ca Toronto ON M2P 2H3 Canada
More informationOwl Child Care Services of Ontario Financial Statements For the Year Ended December 31, 2016
Financial Statements For the Year Ended December 31, 2016 Owl Chi Id Care Services of Ontario Financial Statements For the Year Ended December 31, 2016 Contents Independent Auditor's Report 1-2 Financial
More informationTHE BRUNSWICK STREET MISSION Financial Statements Year Ended December 31, 2014
Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page FINANCIAL STATEMENTS Statement of Operations and Net Assets 2 Statement of Financial Position 3 Statement of Changes
More informationPeel Senior Link Financial Statements For the year ended March 31, 2018
Financial Statements For the year ended March 31, 2018 Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations
More informationFAMILY SERVICES WINDSOR-ESSEX FINANCIAL STATEMENTS
FINANCIAL STATEMENTS FINANCIAL STATEMENTS Table of Contents Page INDEPENDENT AUDITOR'S REPORT 1-2 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Operations 4 Statement of Changes in
More informationHOSPICE WELLINGTON INC. (A Not-for-Profit Organization) FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2010
FINANCIAL STATEMENTS FINANCIAL STATEMENTS Page Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations 5 Statement of Cash
More informationHABITAT FOR HUMANITY - NATIONAL CAPITAL REGION
Financial Statements of HABITAT FOR HUMANITY - NATIONAL CAPITAL REGION December 31, 2015 April 26, 2016 INDEPENDENT AUDITORS' REPORT To the Members of Habitat for Humanity - National Capital Region: We
More informationBig Brothers Big Sisters of London and Area. Financial Statements March 31, 2017
Big Brothers Big Sisters of London and Area Financial Statements March 31, October 5, Independent Auditor s Report To the Directors of Big Brothers Big Sisters of London and Area We have audited the accompanying
More informationFood Banks Canada Financial Statements For the year ended March 31, 2016
Financial Statements For the year ended Contents Independent Auditor's Report 2-3 Financial Statements Statement of Financial Position 4 Statement of Operations and Changes in Net Assets 5 Statement of
More informationTHE BRUNSWICK STREET MISSION Financial Statements Year Ended December 31, 2016
Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page FINANCIAL STATEMENTS Statement of Operations 2 Statement of Financial Position 3 Statement of Changes in Net Assets
More informationONTARIO NONPROFIT NETWORK CONTENTS FINANCIAL STATEMENTS MARCH 31, 2017
ONTARIO NONPROFIT NETWORK FINANCIAL STATEMENTS MARCH 31, 2017 CONTENTS INDEPENDENT AUDITORS' REPORT 1-2 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Operations 4 Statement of Changes
More informationHarvest Bible Chapel Oakville Financial Statements For the year ended December 31, 2016
Financial Statements For the year ended December 31, 2016 Contents Page Independent Auditors' Report Financial Statements Statement of Financial Position 1 Statement of Changes in Net Assets 2 Statement
More informationFood Banks Canada Financial Statements For the year ended March 31, 2018
Financial Statements For the year ended Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Operations and Changes in Net Assets 4 Statement of Cash
More informationFinancial Statements. Surrey Place Centre Charitable Foundation. March 31, 2013 and March 31, 2012
Financial Statements Surrey Place Centre Charitable Foundation March 31, 2013 and March 31, 2012 Contents Page Independent Auditor's Report 1-2 Statements of Financial Position 3 Statements of Operations
More informationHABITAT FOR HUMANITY - NATIONAL CAPITAL REGION
Financial Statements of HABITAT FOR HUMANITY - NATIONAL CAPITAL REGION December 31, 2014 June 19, 2015 INDEPENDENT AUDITORS' REPORT To the Members of Habitat for Humanity - National Capital Region: We
More informationIndependent Auditors' Report 2. Statement of Financial Position 3. Statement of Operations 4. Statement of Changes in Net Assets (Deficiency) 5
The Pension Office Corporation Financial Statements For the Year Ended December 31, 2017 Contents Independent Auditors' Report 2 Financial Statements Statement of Financial Position 3 Statement of Operations
More informationThe Young Women s Christian Association of Banff. Financial Statements March 31, 2017
Financial Statements To: Independent Auditors Report The Members of The Young Women s Christian Association of Banff We have audited the accompanying financial statements of The Young Women s Christian
More informationIndependent Auditors' Report to the Members 1. Statement of Financial Position 2. Statement of Operations 3. Statement of Changes in Net Assets 4
Financial Statements December 31, 2014 Index Page Independent Auditors' Report to the Members 1 Financial Statements Statement of Financial Position 2 Statement of Operations 3 Statement of Changes in
More informationFinancial Statements. Toronto Christian Resource Centre Toronto, Ontario December 31, 2016
Financial Statements Toronto Christian Resource Centre Toronto, Ontario Contents Independent Auditors' Report...3-4 Statement of Financial Position...5-6 Statement of Changes in Net Assets...7 Statement
More informationSonshine Society of Christian Community Services Auditor's Report and Financial Statements December 31, 2013
Auditor's Report and Financial Statements Independent Auditor's Report To: The members of I have audited the accompanying financial statements of, which comprise the balance sheet as at and the statements
More informationKnox Oakville Non-Profit Homes For Seniors Inc. Financial Statements For the year ended November 30, 2016
Knox Oakville Non-Profit Homes For Seniors Inc. Financial Statements For the year ended November 30, 2016 Financial Statements For the year ended November 30, 2016 Contents Independent Auditor's Report
More informationWorld Renew (Incorporated in Canada) Financial Statements For the year ended June 30, 2017
(Incorporated in Canada) Financial Statements For the year ended June 30, 2017 Financial Statements For the year ended June 30, 2017 Contents Independent Auditor's Report 2 Financial Statements Statement
More informationKITCHENER-WATERLOO COUNSELLING SERVICES INCORPORATED
Financial Statements of KITCHENER-WATERLOO COUNSELLING SERVICES INCORPORATED For the year ended December 31, 2012 7 Union Street East Waterloo, Ontario N2J 1B5 Telephone (519) 579-5520 Fax (519) 570-3611
More informationYoung Men's Christian Association of Brandon. Financial Statements For the year ended August 31, 2017
Young Men's Christian Association of Brandon Financial Statements For the year ended August 31, 2017 Financial Statements For the year ended August 31, 2017 Contents Independent Auditor's Report 2 Financial
More informationHabitat For Humanity Ontario Gateway North
Financial Statements December 31, 2016 Page Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Operations and Changes In Net Assets 4 Statement of Cash Flows
More informationFINANCIAL STATEMENTS DECEMBER 31, 2015 CONTENTS. Management`s Responsibility for the Financial Statements Independent Auditor s Report...
FINANCIAL STATEMENTS DECEMBER 31, 2015 CONTENTS Management`s Responsibility for the Financial Statements................................... 1 Independent Auditor s Report......................................................
More informationHabitat For Humanity Muskoka
Financial Statements For the year ended December 31, 2010 Page Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Operations and Changes In Net Assets 4
More informationJEWISH VOCATIONAL SERVICE OF METROPOLITAN TORONTO
Financial Statements of JEWISH VOCATIONAL SERVICE OF KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS'
More informationBRAIN INJURY SERVICES OF HAMILTON
Financial Statements of BRAIN INJURY SERVICES OF HAMILTON Year ended March 31, 2017 KPMG LLP Commerce Place 21 King Street West, Suite 700 Hamilton Ontario L8P 4W7 Canada INDEPENDENT AUDITORS' REPORT To
More informationFinancial statements of Ovarian Cancer Canada. March 31, 2018
Financial statements of Ovarian Cancer Canada March 31, 2018 Independent Auditor s Report... 1 2 Statement of financial position... 3 Statement of operations... 4 Statement of changes in fund balances...
More informationYWCA of Kitchener-Waterloo Financial Statements For the year ended December 31, 2017
Financial Statements For the year ended Contents Independent Auditor's Report 2-3 Financial Statements Balance Sheet 4 Statement of Changes in Fund Balances 5 Statement of Operations 6 Statement of Cash
More informationTHE CANADIAN NATIONAL INSTITUTE FOR THE BLIND
Financial Statements of THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND KPMG LLP Yonge Corporate Centre 4100 Yonge Street Suite 200 Toronto ON M2P 2H3 Canada Telephone (416) 228-7000 Fax (416) 228-7123 Internet
More informationONTARIO SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
Financial Statements of ONTARIO SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390
More informationHABITAT FOR HUMANITY HALTON/MISSISSAUGA
Financial Statements for the Year Ended December 31, 2015 and Independent Auditors' Report to the Directors FINANCIAL STATEMENTS CONTENTS Independent Auditors' Report to the Directors...1 Statement of
More informationFRIENDS OF HOSPICE OTTAWA
Financial Statements of FRIENDS OF HOSPICE OTTAWA Table of Contents Page Independent Auditors' Report Statements of Financial Position 1 Statements of Operations 2 Statements of Changes in Net Assets 3
More informationKitchener-Waterloo Counselling Services Incorporated Financial Statements For the year ended December 31, 2013
Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1-2 Page FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations
More informationTHE CANADIAN NATIONAL INSTITUTE FOR THE BLIND
Financial Statements of THE CANADIAN NATIONAL INSTITUTE FOR THE BLIND INDEPENDENT AUDITORS' REPORT To the National Board and Members of The Canadian National Institute for the Blind We have audited the
More informationMUSLIM ASSOCIATION OF CALGARY
Consolidated Financial Statements of MUSLIM ASSOCIATION OF CALGARY KPMG LLP 205 5th Avenue SW Suite 3100 Calgary AB T2P 4B9 Telephone (403) 691-8000 Fax (403) 691-8008 www.kpmg.ca INDEPENDENT AUDITORS'
More informationWE CHARITY (FORMERLY FREE THE CHILDREN) NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016
NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 INDEX TO NON-CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 INDEPENDENT AUDITOR'S REPORT 1-2 Page NON-CONSOLIDATED
More informationThe Kitchener-Waterloo YMCA. Financial Statements December 31, 2017
The Kitchener-Waterloo YMCA Financial Statements December 31, March 26, 2018 Independent Auditor s Report To the Members of The Kitchener-Waterloo YMCA We have audited the accompanying financial statements
More informationWATARI RESEARCH ASSOCIATION
Financial Statements Year Ended March 31, 2012 Page AUDITORS REPORT 1 FINANCIAL STATEMENTS Balance Sheet 2 Statement of Changes in Net Assets 3 Statement of Operations 4 Statement of Cash Flows 5 Notes
More informationWorld Society for the Protection of Animals Canada (o/a World Animal Protection) Financial Statements For the year ended December 31, 2016
World Society for the Protection of Animals Canada Financial Statements For the year ended Contents Independent Auditor's Report 2-3 Financial Statements Statement of Financial Position 4 Statement of
More informationETOBICOKE SERVICES FOR SENIORS
Financial statements of (O/A ESS Support Services) INDEPENDENT AUDITOR'S REPORT To the Members of Etobicoke Services for Seniors We have audited the financial statements of Etobicoke Services for Seniors,
More informationTHE FOUNDATION FOR GENE & CELL THERAPY
Financial Statements of THE FOUNDATION FOR GENE & CELL THERAPY KPMG LLP 140 Fullarton Street Suite 1400 London ON N6A 5P2 Canada Tel 519 672-4800 Fax 519 672-5684 INDEPENDENT AUDITORS' REPORT To the Board
More informationTHE WELLSPRING CANCER SUPPORT FOUNDATION
Financial Statements of THE WELLSPRING CANCER SUPPORT FOUNDATION KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT
More informationYor-Sup Net Support Services Network Financial Statements For the Year Ended March 31, 2018
Financial Statements For the Year Ended March 31, 2018 Contents Independent Auditor's Report Financial Statements Statement of Financial Position 2 Statement of Operations and Net Assets 3 Statement of
More informationCANADIAN SUPPLY CHAIN SECTOR COUNCIL
Financial statements of CANADIAN SUPPLY CHAIN SECTOR COUNCIL INDEPENDENT AUDITORS' REPORT To the Members of CANADIAN SUPPLY CHAIN SECTOR COUNCIL We have audited the financial statements of the Canadian
More informationJohn Howard Society of Thunder Bay Financial Statements March 31, 2016
Financial Statements March 31, 2016 Contents Page Management's Responsibility Independent Auditors' Report Financial Statements Statement of Financial Position... 1 Statement of Operations and Changes
More informationFinancial Statements. Toronto Children s Care Inc. December 31, 2017
Financial Statements Toronto Children s Care Inc. December 31, 2017 Contents Page Independent Auditor s Report 1-2 Statement of Financial Position 3 Statements of Operations and Changes in Fund Balances
More informationFinancial Statements of OXFAM CANADA. Year ended March 31, 2016
Financial Statements of OXFAM CANADA KPMG LLP 150 Elgin Street, Suite 1800 Ottawa ON K2P 2P8 Canada Telephone 613-212-5764 Fax 613-212-2896 INDEPENDENT AUDITORS' REPORT To the Directors of Oxfam Canada
More informationWCS WILDLIFE CONSERVATION SOCIETY CANADA
Financial Statements of WCS WILDLIFE CONSERVATION SOCIETY CANADA Year ended June 30, 2016 KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900
More informationFinancial statements. Covenant House Toronto June 30, 2016
Financial statements Covenant House Toronto Independent auditors report To the Board of Directors of Covenant House Toronto Report on the financial statements We have audited the accompanying financial
More informationBlue Sea Philanthropy Inc. Financial Statements For the year ended December 31, 2017
Financial Statements For the year ended December 31, 2017 Contents Independent Auditor's Report 2-3 Financial Statements Balance Sheet 4 Statement of Operations and Net Assets 5 Statement of Cash Flows
More informationLutherwood. Financial Statements March 31, 2017
Financial Statements June 19, 2017 Independent Auditor s Report To the Board of Governors of Lutherwood We have audited the accompanying financial statements of Lutherwood, which comprise the statement
More informationCYSTIC FIBROSIS CANADA
Financial Statements of CYSTIC FIBROSIS CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS' REPORT
More informationKitchener-Waterloo Counselling Services Incorporated Financial Statements For the year ended December 31, 2015
Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1-2 Page FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations
More informationCoast to Coast Against Cancer Foundation. Financial Statements For the year ended December 31, 2016
Coast to Coast Against Cancer Foundation Financial Statements For the year ended December 31, 2016 Independent Auditor's Report To the directors of Coast to Coast Against Cancer Foundation Report on the
More informationThe Young Women s Christian Association of Banff. Financial Statements March 31, 2016
Financial Statements To: Independent Auditors Report The Members of The Young Women s Christian Association of Banff We have audited the accompanying financial statements of The Young Women s Christian
More informationFinal Draft. Human Concern International Financial Statements For the year ended March 31, Contents
Financial Statements For the year ended March 31, 2016 Contents Independent Auditor's Report 1 Financial Statements Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Operations
More informationTHE GOOD COMPANIONS FINANCIAL STATEMENTS MARCH 31, 2018
FINANCIAL STATEMENTS MARCH 31, 2018 1. INDEPENDENT AUDITORS' REPORT To the Members of The Good Companions Report on the Financial Statements We have audited the accompanying financial statements of The
More informationAUTISM SOCIETY OF NEWFOUNDLAND AND LABRADOR INC. Financial Statements Year Ended March 31, 2017
Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Changes in Net Assets 3 Statement of Revenues
More informationFinancial Statements of. Ukrainian Home for the Aged. March 31, 2015
Financial Statements of INDEPENDENT AUDITORS' REPORT To the Members of We have audited the accompanying financial statements of, which comprise the statement of financial position as at, and the statements
More informationCalgary Inter-Faith Food Bank Society
Financial statements Calgary Inter-Faith Food Bank Society Independent auditors report To the Members of Calgary Inter-Faith Food Bank Society We have audited the accompanying financial statements of Calgary
More informationCANADIAN ASSOCIATION OF UNIVERSITY BUSINESS OFFICERS
Financial Statements of CANADIAN ASSOCIATION OF UNIVERSITY BUSINESS - May 13, 2018, 10:37 PM Version 1.11 last saved May 13, 2018 at 10:37:48 PM INDEPENDENT AUDITORS' REPORT To the Members of the Canadian
More informationONTARIO SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
Financial Statements of ONTARIO SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390
More informationTHE GOOD COMPANIONS FINANCIAL STATEMENTS MARCH 31, 2016
FINANCIAL STATEMENTS MARCH 31, 2016 1. INDEPENDENT AUDITORS' REPORT To the Members of The Good Companions Report on the Financial Statements We have audited the accompanying financial statements of The
More informationFinancial statements of The Kidney Foundation of Canada. December 31, 2014
Financial statements of The Kidney Foundation of Canada Independent Auditor s Report... 1 2 Statement of operations... 3 Statement of changes in fund balances... 4 Statement of financial position... 5
More informationCANADIAN MENTAL HEALTH ASSOCIATION ELGIN BRANCH. Financial Statements. March 31, 2015
CANADIAN MENTAL HEALTH ASSOCIATION ELGIN BRANCH Financial Statements March 31, 2015 CANADIAN MENTAL HEALTH ASSOCIATION ELGIN BRANCH Financial Statements Table of Contents PAGE Independent Auditors' Report
More informationTHE LEUKEMIA & LYMPHOMA SOCIETY OF CANADA/ SOCIÉTÉ DE LEUCÉMIE & LYMPHOME DU CANADA
Financial Statements of THE LEUKEMIA & LYMPHOMA SOCIETY OF CANADA/ SOCIÉTÉ DE LEUCÉMIE & LYMPHOME DU CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada
More informationHOCKEY SUR GAZON CANADA. FINANCIAL STATEMENTS (Expressed in Canadian Dollars)
HOCKEY SUR GAZON CANADA FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2017 INDEPENDENT AUDITORS' REPORT To the Members of Field Hockey Canada We have audited the accompanying financial statements of
More informationCYSTIC FIBROSIS CANADA
Financial Statements of CYSTIC FIBROSIS CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS' REPORT
More informationFinancial Statements. Childhood Cancer Canada Foundation/ Fondation Canadienne Du Cancer Chez L'Enfant. September 30, 2013
Financial Statements Childhood Cancer Canada Foundation/ September 30, 2013 Contents Page Independent Auditor's Report 1-2 Statement of Revenue and Expenses 3 Statement of Changes in Net Assets 4 Statement
More informationCanadian Rugby Union - Federation canadienne de Rugby Financial Statements For the year ended December 31, 2013
f l 1 Financial Statements For the year ended December 31, 2013 Contents Independent Auditor's Report 2. 3 Financial Statements Statement of Financial Position 4 Statement of Changes in Net Assets 5 Statement
More informationTHE LEUKEMIA & LYMPHOMA SOCIETY OF CANADA/ SOCIÉTÉ DE LEUCÉMIE & LYMPHOME DU CANADA
Financial Statements of THE LEUKEMIA & LYMPHOMA SOCIETY OF CANADA/ SOCIÉTÉ DE LEUCÉMIE & LYMPHOME DU CANADA KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada
More informationConsolidated financial statements. United Way of Halifax Region. December 31, 2017
Consolidated financial statements United Way of Halifax Region December 31, 2017 Contents Page Independent auditor s report 1-2 Consolidated statement of revenue and expenses 3 Consolidated balance sheet
More informationAlzheimer Society of Toronto Financial Statements For the year ended March 31, 2018
Alzheimer Society of Toronto Financial Statements For the year ended March 31, 2018 Contents Independent Auditor's Report 2-3 Financial Statements Statement of Revenue and Expenses 4 Statement of Financial
More informationStarlight Children's Foundation Canada Fondation pour l'enfance Starlight Canada. Financial Statements December 31, 2016
Financial Statements Financial Statements Table of Contents Independent Auditor's Report 1-2 Statement of Financial Position 3 Statement of Changes in Net Assets 4 Statement of Revenues and Expenses 5
More informationTHE GRADUATE STUDENTS ASSOCIATION OF MCMASTER UNIVERSITY
Financial Statements of THE GRADUATE STUDENTS ASSOCIATION OF MCMASTER UNIVERSITY KPMG LLP Commerce Place 21 King Street West, Suite 700 Hamilton Ontario L8P 4W7 Canada Telephone (905) 523-8200 Fax (905)
More informationHelp Lesotho. Financial Statements. June 30, 2016
Financial Statements June 30, 2016 Financial Statements June 30, 2016 Page Independent Auditor's Report 3-4 Statement of Operations 5 Statement of Changes in Net Assets 6 Statement of Financial Position
More informationSEARCHMONT SKI ASSOCIATION INC.
Financial Statements of SEARCHMONT SKI ASSOCIATION INC. KPMG LLP 111 Elgin Street, Suite 200 Sault Ste. Marie ON P6A 6L6 Canada Tel 705-949-5811 Fax 705-949-0911 INDEPENDENT AUDITORS' REPORT To the Board
More informationARRABON, INCORPORATED
FINANCIAL STATEMENTS Independent Auditor's Report Page 1 Balance Sheet 2 Statement of Operations 3 Statement of Changes in Net Assets 4 Statement of Cash Flows 5 Notes to the Financial Statements 6 to
More informationSeniors Association of Greater Edmonton
Financial Statements Financial Statements Page Management Responsibility Statement 3 Independent Auditors' Report 4 Statement of Operations 5 Statement of Changes in Net Assets 6 Statement of Financial
More informationFRIENDS OF SASKATCHEWAN CHILDREN INC. FINANCIAL STATEMENTS
FRIENDS OF SASKATCHEWAN CHILDREN INC. FINANCIAL STATEMENTS December 31, 2013 Deloitte LLP 122 1st Ave. S. Suite 400, PCS Tower Saskatoon SK S7K 7E5 Canada Tel: 306-343-4400 Fax: 306-343-4480 www.deloitte.ca
More informationTHE ARTHRITIS SOCIETY/ LA SOCIÉTÉ D'ARTHRITE
Financial Statements of THE ARTHRITIS SOCIETY/ KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS' REPORT
More informationHALTON CATHOLIC CHILDREN S EDUCATION FOUNDATION
Financial Statements of HALTON CATHOLIC CHILDREN S EDUCATION FOUNDATION Year ended March 31, 2017 KPMG LLP Commerce Place 21 King Street West, Suite 700 Hamilton Ontario L8P 4W7 Canada Telephone (905)
More informationFinancial statements of The Kidney Foundation of Canada. December 31, 2016
Financial statements of The Kidney Foundation of Canada Independent Auditor s Report... 1 2 Statement of operations... 3 Statement of changes in fund balances... 4 Statement of financial position... 5
More informationAUTISM SOCIETY OF NEWFOUNDLAND AND LABRADOR INC. Financial Statements Year Ended March 31, 2015
Financial Statements Index to Financial Statements INDEPENDENT AUDITOR'S REPORT 1 Page FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Changes in Net Assets 3 Statement of Revenues
More informationHAMILTON ASSOCIATION FOR CHRISTIAN EDUCATION INCORPORATED (O/A Hamilton District Christian High School)
HAMILTON ASSOCIATION FOR CHRISTIAN EDUCATION INCORPORATED FINANCIAL STATEMENTS HAMILTON ASSOCIATION FOR CHRISTIAN EDUCATION INCORPORATED INDEX Page INDEPENDENT AUDITORS' REPORT 1-2 FINANCIAL STATEMENTS
More informationFinancial Statements of INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS OF CANADA
Financial Statements of INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS OF CANADA Year ended December 31, 2010 KPMG LLP Telephone (416) 228-7000 Chartered Accountants Fax (416) 228-7123 Yonge Corporate
More informationFRIENDS OF THE GREENBELT FOUNDATION
Financial Statements of FRIENDS OF THE GREENBELT FOUNDATION KPMG LLP Vaughan Metropolitan Centre 100 New Park Place, Suite 1400 Vaughan ON L4K 0J3 Canada Tel 905-265-5900 Fax 905-265-6390 INDEPENDENT AUDITORS'
More informationJohn Howard Society of the Central and South Okanagan Financial Statements For the year ended March 31, 2017
Financial Statements For the year ended Contents Independent Auditor's Report 2 Financial Statements Statement of Financial Position 3 Statement of Operations 4 Statement of Changes in Net Assets (Debt)
More informationWhistler Community Services Society Financial Statements For the year ended March 31, 2015
Financial Statements For the year ended March 31, 2015 Financial Statements For the year ended March 31, 2015 Contents Independent Auditor's Report 2-3 Financial Statements Statement of Financial Position
More information