Condensed statement of revenue and expenses
Revenue ($)
2019
2018
Government of Canada
4,848,558
4,094,510
Government of Ontario
22,641,125
20,522,374
City of Toronto
6,879,024
6,437,265
Fees for service, Individuals
6,297,663
6,371,152
United Way
982,044
977,709
Investment income
82,443
28,910
Fundraising & productive enterprises
1,337,427
1,451,060
Amortization of deferred capital contributions
209,608
168,684
Service contracts and Other
3,127,456
2,846,520
Total
46,405,348
42,898,184
Expenses ($)
2019
2018
Salaries and benefits
34,829,721
32,482,161
Purchase of services
2,881,259
2,220,273
Building occupancy
3,473,477
3,456,318
Programs, food & transportation
3,384,044
2,967,642
Training subsidies
474,595
378,833
Office, loan interest, and general
910,080
941,963
Promotion and publicity
47,951
87,519
Amortization of capital assets
324,221
284,793
Total
46,325,347
42,819,502
Excess of revenue over expenses
80,001
78,682
Expenses by program
- Supporting Independence, 40%
- Administration, 10%
- Breaking the Cycle of Poverty, 12%
- Building Strong Communities, 9%
- Employment Solutions, 9%
- Investing in a Healthy Start for Children and Families, 20%
