It was a positive year for the Calgary John Howard Society. In 2023-2024, we managed to grow our annual revenue while making significant investments in the agency.
In March, 2024 the Board approved CJHS’s budget for the upcoming fiscal year. It is a balanced budget that allows for continued agency growth and reinvestment into the Agency and our programs.
$11,778,798
$4,110,069
34.9%
$3,208,490
27.3%
$1,008,940
8.5%
$604,013
5.1%
$504,692
4.3%
$514,419
4.4%
$1,828,175
15.5%
$11,809,956
$7,648,096
64.8%
$1,538,314
13.0%
$470,091
4.0%
$936,254
7.9%
$1,217,201
10.3%
| Mar 31, 2024 | Dec 31, 2022 | |
|---|---|---|
| (15 months) | (12 months) | |
| Revenue | ||
| Calgary Homeless Foundation | $ 4,110,069 | $ 2,790,493 |
| Government of Canada | 3,208,490 | 2,181,428 |
| Government of Alberta | 1,008,940 | 1,825,955 |
| City of Calgary | 604,013 | 294,473 |
| United Way | 504,692 | 337,706 |
| Recognition of deferred contributions related to property and equipment | 514,419 | 411,112 |
| Other grants and revenue | 1,828,175 | 1,151,280 |
| 11,778,798 | 8,992,447 |
| Expenses | ||
|---|---|---|
| Salaries, wages and benefits | 7,648,096 | 5,211,609 |
| Programming | 1,538,314 | 1,029,754 |
| Premises | 470,091 | 353,628 |
| Amortization | 936,254 | 761,439 |
| Other expenses | 1,217,201 | 1,489,264 |
| 11,809,956 | 8,845,694 | |
| Excess (deficiency) of revenue over expenses | $ (31,158) | $ 146,753 |
| Mar 31, 2024 | Dec 31, 2022 | |
|---|---|---|
| (15 months) | (12 months) | |
| Assets | ||
| Current | $ 3,319,452 | $ 2,070,509 |
| Assets Held for Sale | 1,760,450 | - |
| 4,061,248 | 2,070,509 | |
| Property and equipment (net) | 11,547,902 | 12,931,560 |
| Investments | 123,437 | 100,000 |
| $ 15,732,587 | $ 15,102,069 |
| Liabilities | ||
|---|---|---|
| Current | $ 710,013 | $ 621,934 |
| Callable debt | 2,200,239 | 2,429,849 |
| 2,910,252 | 3,051,783 | |
| Deferred contributions | 7,469,226 | 6,666,019 |
| 10,379,478 | 9,717,802 |
| Net Assets | ||
|---|---|---|
| Invested in property and equipment | 4,097,390 | 4,260,380 |
| Unrestricted | 1,255,719 | 1,123,887 |
| $ 15,732,587 | $ 15,102,069 |
To download detailed copies of the Calgary John Howard Society’s audited 2023/2024 financial statement, click below.
