Annual Report (2021-2022)

Financials

4.08% Client housing

0.40% Donations in-kind

7.86% Contracted services

2.66% Client rent contributions/Rental 0.57% Sales and fees

0.07% Interest

3.01% Cost recovery from related party 1.2% Miscellaneous

0.51% Donations

4.37% Other funding agencies

12.34% Fees paid to clients

1.19% Municipal 0.10% United Way

1.90% Food service and supplies

Expenses for the Year Ending March 31, 2022

6.20% Federal

5.60% Program costs/training

Revenue for the Year Ending March 31, 2022

7.54% Building occupancy

Highlights Total expenses increased year-over-year by approximately $3.61 million, to $51.11 million. This represents an increase of approximately 7.60% over the previous year. The increase in revenues and expenses produced a net increase in operating surplus of approximately $296,000, or 16.05% over the comparable surplus amount in the previous period. Overall, Options Community Services had a good financial year and remains in sound financial condition. The Society’s total excess of revenue over expenditures, for the year, amounted to approximately $2.14 million.

80.20% Provincial

Highlights The Society’s 2021-22 total revenue increased year-over-year by approximately $3.90 million, to $53.25 million. This represents an increase of approximately 7.91% over the previous year.

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