Financials

WOODGREEN COMMUNITY SERVICES

Financials for 2020-2021 Fiscal Year

CONDENSED STATEMENT OF REVENUE AND EXPENSES

REVENUE ($) 2021 2020
Government of Canada 8,992,051 4,821,907
Government of Ontario 26,030,447 22,808,957
City of Toronto 6,336,499 3,397,276
Fees for services, individuals 2,717,567 6,283,563
United Way 873,724 876,696
Investment income 23,191 105,540
Fundraising & productive enterprises 1,586,036 1,857,263
Amortization of deferred capital contributions 253,606 243,441
Service contracts and Other 3,395,758 3,632,902
TOTAL 50,208,879 47,468,906
EXPENSES ($) 2021 2020
Salaries and benefits 36,668,923 35,162,366
Purchase of services 3,699,739 3,240,754
Building occupancy 3,577,093 3,554,638
Programs, food & transportation 4,227,392 3,724,268
Training incentives 320,742 348,434
Office 950,167 691,927
Recruitment and education 143,783 124,255
Promotion and publicity 91,067 61,365
Amortization of capital assets 385,520 359,374
TOTAL 50,064,426 47,302,621
EXCESS OF REVENUE OVER EXPENSES 144,453 166,285
A group of WoodGreen corporate volunteers, socially distanced and wearing masks outside a building.
Warby Parker volunteers supported WoodGreen’s Food Bank multiple times this year, bringing great energy alongside WoodGreen’s Housing Team.