Ymca Vancouver Financial Statements

For the F2019 and F2018 analyses, Ci has consolidated the financial statements of the YMCA of Greater Vancouver, the YMCA of Greater Vancouver Foundation and the YMCA of Greater Vancouver Properties Foundation. Since the YMCA Vancouver did not release F2017 financial data for its real estate foundation, Ci only consolidated the charity and its foundation for F2017. Ci awarded full points for financial transparency while the YMCA of Vancouver released all financial reports of the charity and the foundation. In 2019, the YMCA of Vancouver reported providing direct financial support to more than 10,750 people in need. The charity reports that this funding totalled $2.0 million, which equates to an average of $186 per person. Note: It has consolidated the audited financial statements of the YMCA of Greater Vancouver, the YMCA of Greater Vancouver Foundation and the YMCA of Greater Vancouver Properties Foundation. Therefore, benefits transferred between the three related parties are excluded from income and expenses. Ci excluded foundation grants that were recognized as revenue, which impacted total revenues and expenses by ($1.1 million) during F2019, ($2.0 million) during F2018 and ($1.0 million) during F2017. Ci excluded grants from the Real Estate Foundation that were recorded as revenues, which impacted total revenues and expenses of ($3.3 million) during the 2019 period and ($2.9 million) during the 2018 period.

Ci excluded Grants from the Real Estate Foundation that were recognized as deferred capital contributions, which impacted the total cost of ($200,000) in F2019 and ($200,000) in F2018. Ci excluded foundation grants for the What Really Matters fundraising campaign, which impacted total spending in F2019 of ($4.2 million), F2018 of ($1.0 million) and F2017 of ($300,000). He noted that verified financial data from the YMCA Vancouver and its foundation show different numbers for grants recorded as revenues that could not be reconciled. Ci adjusted for unabbreviated differences in foundation grants that impacted total revenues of ($171,000) over the 2019 period, $285,000 in the first year of 2018 and $337,000 over the 2017 period. Ci adjusted for deferred gifts, amortization of deferred capital contributions and limited capital deposits. This impacted total donations and revenues of $2.7 million in fiscal 2019, $715,000 in fiscal 2018 and $13.2 million in fiscal 2017. Ci included interest expenses that impacted other and total expenses of $573,000 in the 2019 quarter, $128,000 in the 2018 operations and $28,000 in the 2017 fiscal year. We are proud to be one of the most trusted charities in Metro Vancouver.

To better serve the community, we carefully monitor our performance, successfully manage our financial assets, and work to set high-level strategic directions for our advocacy, services and operations. Audited financial statements for current and past years are available on the charity`s website. In this sense, it is important to note that as part of its activities, the YMCA may acquire products and services from parties in which a director may have an interest. In such a case, the Director shall declare a conflict of interest and shall refrain from voting on any obligation associated with the party concerned or from participating in a discussion or decision on the matter in order to avoid a conflict of interest. In April 2016, the YMCA of Vancouver launched its $140 million fundraising campaign, “What Really Matters.” As part of the campaign, YMCA Vancouver planned to build new ymca facilities in Surrey, South Vancouver, Chilliwack and Coquitlam. In 2019, the charity announced that it had cancelled plans for a YMCA in downtown Surrey due to rising construction costs. However, the charity has opened a Chilliwack YMCA and has future plans to open a site in Coquitlam. The YMCA Vancouver and its foundations have a total of $74.4 million in funding reserves, of which $10.6 million is funded by donors. Without donation funds, the YMCA Vancouver can cover 127% or 15 months of program costs. | Spring/Summer 2020 Covid-19 Response Issue For a given dollar, 83 cents is available for programs after fundraising and administration/management overhead (excluding surplus).

The charity`s cash and investments (funding reserves) relative to program spending over the past year. For more information on Canadian charities, visit www.charityintelligence.ca. While Ci highlights these important findings, they may not be a complete representation of the results and impact of the YMCA of Greater Vancouver. The YMCA of Greater Vancouver offers services in 222 locations in Vancouver, Chilliwack, Richmond and more. YMCA Vancouver works with 290 community partners to deliver its services. The charity`s programs include child care, health and fitness, mental wellness, job placement services, immigration services, youth programs, summer camps, networking groups and private events. In 2019, the YMCA of Vancouver said it served more than 120,000 people in total. YMCA Vancouver is a medium-sized charity that donated $4.3 million in 2019. However, the charity and its foundations also received $33.2 million in service fees (51% of revenues), $14.7 million in government grants (23% of revenues) and $4.3 million in business or rental revenues (7% of revenues). YMCA Vancouver`s capital expenditures were negative in fiscal 2018, with the Corporation receiving $55.7 million from the sale of its property at 5055 Joyce Street. The YMCA of Vancouver also received $15.4 million in proceeds from Vancouver property sales in fiscal 2017, exceeding its capital expenditures.

. Our strategic plan and annual report will show you how we are implementing our mission and actions in results and supporting a healthy future for the YWCA and those we serve. Focus 20/20: Ymca of Greater Vancouver Strategic Plan Canada Revenue Agency Registered Charity Information Return Charity Registration Number: 803,976,075 RR0001 Disclosure of Payments to Board Members As a not-for-profit organization, the YMCAs of Québec strive for excellence in ethics, transparency, accountability and effectiveness. In fact, we follow Imagine Canada`s standards for this purpose. Ci`s Star Rating is calculated on the basis of the following independent metrics: YMCA du Grand Vancouver Rapport annuel 2015 YMCA du Grand Vancouver 2015 États financiers Insert YMCA du Grand Vancouver 2015 États financiers vérifiés Le Fonds de dotation du YMCA du Grand Vancouver Rapport annuel 2015 Le Fonds de dotation du YMCA du Grand Vancouver 2015 États financiers vérifiés Note basée sur les rapports publics de l`organisme de bienfaisance sur le travail qu`il a accompli et le les résultats qu`il atteint. Get inspired and find out what`s going on at YWCA Metro Vancouver. Contact, our semi-annual newsletter, includes stories, advocacy updates, special announcements, and more. The YMCA of Greater Vancouver (YMCA Vancouver) was founded in 1886 and aims to empower communities through the inclusion of children and families. YMCA Vancouver operates throughout the Lower Mainland region of British Columbia. It has three main objectives: to help children and families thrive, to promote healthy living, and to foster belonging and bonding. Ymca Vancouver believes that community-based programs are essential to helping children, adults and seniors reach their full potential. YWCA Metro Vancouver`s holistic advocacy and integrated services are rooted in the fundamentals of safety, housing, early learning and child care, and employment.

We strive to support women on the path to personal and economic stability, give children the best possible start, and create new opportunities for education, employment and leadership. The Standards Program Trust Mark is a trademark of Imagine Canada used under license from YWCA Metro Vancouver. The proven effects per dollar ci are calculated based on the information available on the program. YMCA of Greater Vancouver Annual Report 2017 YMCA of Greater Vancouver 2017 Audited Financial Statements The Young Men`s Christian Association 2017 Audited Financial Statements YMCA of Greater Vancouver Foundation 2017 Annual Report YMCA of Greater Vancouver Foundation 2017 Audited Financial Statements Administrative costs are 8% of revenues (less investment income) and fundraising costs are 9% of donations. This results in overhead costs of a total of 17%. For every dollar donated to the YMCA Vancouver, 83 cents goes to its programs. This is within the reasonable range of here for overhead. .

This report on charities is an update sent to the YMCA of Greater Vancouver. Changes and modifications may be made shortly. YWCA Metro Vancouver is accredited under the Imagine Canada Standards Program. 2020 has been a year like no other, but focusing on our mission – helping women and children build a bright future – has allowed us to deliver our services without interruption and reach many people in need. Thanks to our resilience and our supporters, we have achieved significant success in 2020. The YMCAs of Québec are currently affiliated with an organization in which a director has an interest. During the year ended December 31, 2018, a total of $61,835.22 (including taxes of $39,400.59 in 2017) was paid to this organization for the provision of telecommunications services […].