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Annual Report
2012 - 2013



 FINANCIAL STATEMENT​S 

 NO​TES TO CONSOLIDATED STATEMENT OF REVENUE AND EXPENSES 


YEAR END MARCH 31, 2013
  1. Net funds raised through charitable gaming and special events are included in Fundraising revenue.

  2. Independent Living Services includes Outreach Attendant Care Services, Supportive Housing, Acquired Brain Injury Services and Northern Medical Clinics.

  3. AccessAbility® Services includes the Assistive Devices Program, Barrier-Free Design Consultation Services and Home & Vehicle Modification® Program.

  4. These financial statements include funds of both Ontario March of Dimes and March of Dimes Canada.

  5. Separate audited financial statements are available for March of Dimes Canada Non-Profit Housing Corporation. Unaudited financial   statements are also available on request for March of Dimes Canada and Rehabilitation Foundation for Disabled Persons Inc., U.S​​close-up of pen

 
 
 
NOTES TO CONSOLIDATED BALANCE-SHEET​


YEAR END MARCH 31, 2013
  1. Working capital (current assets less current liabilities) improved by $997,621 ($4.636 million from $3.639 million).

  2. Accounts receivable includes ‘Due from Associated Organizations’ of $230,396 representing a loan to MODC Non-Profit Housing Corporation on March 31, 2013 for the purchase of land in Sudbury for a Congregate Living Facility.

  3. Many of the funds received by OMOD or MODC are designated for specific purposes and must be utilized within a prescribed time frame. Unexpended funds are either carried forward or returned, depending on the decision of the funder.


    ONTARIO MARCH OF DIMES/MARCH OF DIMES CANADA
    (REHABILITATION FOUNDATION FOR THE DISABLED / REHABILITATION FOUNDATION FOR DISABLED PERSONS CANADA) 

    CONSOLIDATED BALANCE SHEET

    MARCH 31, 2013 WITH COMPARATIVE FIGURES FOR 2012

    ASSETS 2012 2013
    CURRENT ASSETS:    
    Cash and Restricted Cash $7,520,717
    $7,452,071​​
    Short-term Investments​ 1,771,760 -
    Accounts Receivable
    2,987,743
    2,911,240
    Prepaid Expenses​ 250,414 254,014
    Grants and Allocations Receivable 144,086 100,863
    TOTAL CURRENT ASSETS $12,674,720 $10,718,188
    Restricted investments 2,005,401
    1,392,160
    Capital Assets 4,513,359 4,491,623
    Intangible Assets - Trademark 1,413,751 1,413,751
    TOTAL ASSETS

    $20,607,231

    $18,015,722

    LIABILITIES AND FUND BALANCES    
    CURRENT LIABILITIES:
       
    Accounts Payable and Accrued Charges $6,317,270 $5,131,964
    Unexpended Program Grants and Deferred Revenue 1,661,782 1,490,863​
    Government Advances 59,197 456,511
    TOTAL CURRENT LIABILITIES
    $8,038,249
    $7,079,338
    Deferred Capital Grants 1,021,671 860,785

    FUND BALANCES:

       
    Invested in Capital and Intangible Assets $4,905,439 $5,044,589
    Capital Reserve Fund 637,795 562,795
    ​Stabilization Reserve 3,859,548 3,076,055
    Program Development and Evaluation Reserve​ 300,000 -
    ​Ability and Beyond 1,844,529 1,392,160
    TOTAL FUND BALANCES $11,547,311 $10,075,599
    TOTAL LIABILITIES AND FUND BALANCES​ $20,607,231
    $18,015,722​​​​​​​​​​​​​



    ONTARIO MARCH OF DIMES/MARCH OF DIMES CANADA
    (REHABILITATION FOUNDATION FOR THE DISABLED / REHABILITATION FOUNDATION FOR DISABLED PERSONS CANADA) 

    CONSOLIDATED STATEMENT OF REVENUE AND EXPENSES

    MARCH 31, 2013 WITH COMPARATIVE FIGURES FOR 2012

    REVENUE 2012 2013
    Government and Other Grants
    $66,139,499 $64,994,938
    Fees and Sales
    11,758,862
    11,291,494
    Program Recovery
    7,883,985 3,378,476
    Fundraising
    6,141,517
    5,688,768
    Investment and Other 892,248 839,602
    TOTAL REVENUE
    $92,816,111
    $86,193,278
    EXPENSES - PROGRAMS:

    Independent Living Services​ $49,000,023
    $46,459,185
    Employment Services 15,175,410 18,423,491
    AccessAbility Services
    11,705,113 11,917,264
    Passport Services 8,324,526
    2,211,140
    Peer Support Services and Conductive Education 1,197,729  1,100,004
    Recreation and Integration Services
    484,546  533,593
    Issue Advocacy 306,064 321,401
    Affirmative Businesses 135,932 202,856
    Grants and Awards 45,642 53,840

    $86,374,985
    $81,222,774

    Fundraising
      $2,097,080  $1,952,083
    Donor Acquisition 587,036
    400,142
    Administration 7,223,782 7,221,250
    Administration Recovery (5,570,852) (5,432,196)
    Amortization 632,368 598,200
    TOTAL EXPENSES
    $91,344,399 $85,962,253
    EXCESS OF REVENUE OVER EXPENSES​ $1,471,712
    $231,025​​​​​​​​​
 
 
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