Our financials
Statement of operations and changes in net assets
Fiscal year 2020, with comparative information from Fiscal year 2019
FY 2019 | FY 2020 | ||
---|---|---|---|
Revenue: | Operating1 | 1,596,455 | 1,802,202 |
Scholarship/Awards2 | 50,000 | 75,000 | |
JMVFH3 | 41,000 | 10,000 | |
Undirected donations | 1,089 | 549 | |
Research funds4 | 3,531,769 | 2,690,836 | |
5,220,313 | 4,578,587 |
Expenses: | Operating1 | 1,270,695 | 1,717,372 |
---|---|---|---|
Scholarship/Awards2 | 54,351 | 75,000 | |
JMVFH3 | 15,772 | 0 | |
Undirected donations | 0 | 0 | |
Research funds4 | 3,211,726 | 2,559,645 | |
4,552,544 | 4,352,017 | ||
Net operating surplus (deficit)5 | 667,769 | 226,570 |
Notes
1Includes Forum and Health Canada funding
2Includes Wounded Warriors Canada and Royal Canadian Legion Scholarships, and Dr. Mark Zamorski Award.
3Journal of Military, Veteran and Family Health
4Includes Calian, Public Service Procurement Canada (PSPC), IBM Canada and True Patriot Love Foundation funds. These funds are for indentified research
projects.
5Net operating surplus is restricted based on funding/project agreements