Annual Report Financials 2023-2024
2023-2024 ReflectionsFrom Our Board Chair
Dear Stakeholders, Supporters, and Community Members,
As the Chair of the Board of Directors for the Sexual Assault Centre of Edmonton (SACE), I am both humbled and honoured to present this report, reflecting on the accomplishments, challenges, and aspirations of SACE over the past year.
First and foremost, I would like to extend my deepest gratitude to our dedicated staff, volunteers, and partners who continue to work tirelessly in supporting survivors of sexual violence. Your commitment and compassion make a profound difference in the lives of those we serve. I also want to thank our generous donors and supporters whose contributions enable us to carry out our mission.
At SACE, our mission is to provide a safe, supportive, and empowering environment for survivors of sexual violence. We believe in the strength and resilience of survivors and are committed to advocating for their rights, providing comprehensive support services, and working towards a society free from sexual violence.
This year has been one of significant progress and transformation. We have moved to a more accessible location to better serve clients, expanded our services, increased outreach efforts, and deepened our partnerships with local organizations. Our dedicated team has provided critical support to survivors, offering counseling, legal advocacy, and crisis intervention services. We have also focused on enhancing our educational programs, conducting workshops and training sessions to raise awareness about sexual violence, consent, and prevention. These initiatives are crucial in fostering a community that is informed, compassionate, and proactive in preventing sexual violence.
While we celebrate our achievements, we must also acknowledge the challenges we have faced. The demand for our services continues to grow, reflecting the pervasive nature of sexual violence in our society. This increase in demand has stretched our resources, underscoring the need for continued support from our community and stakeholders.
Despite these challenges, we remain resilient and committed to our mission. We have implemented innovative strategies to optimize our resources and ensure that every survivor who reaches out to us receives the support they need. As we move forward, our focus will be on expanding our reach and impact. We will continue to advocate for systemic changes that address the root causes of sexual violence and work towards creating a safer and more equitable society.
In closing, I want to reiterate our unwavering commitment to the survivors we serve and to the broader community. The work we do is both challenging and deeply rewarding, and it is only through the collective efforts of our board, staff, volunteers, and supporters that we can continue to make a difference.
Thank you for your continued trust and support. Together, we will continue to advocate for survivors, challenge systemic injustices, and work towards a world where sexual violence is no longer a reality.
Dr. Barb van Ingen
(she/her)
Board Chair
Financial Report
The financial report summary shared here was prepared from financial statements audited by Grant Thornton LLP. Complete financial statements, including the auditor’s report, may be obtained by contacting them directly at 780.423.8734.
Condensed Statement of Operations – Year Ended March 31
| Revenues (Reported in Statement of Operations) | 2024 | 2023 |
|---|---|---|
| AB CSS- Community & Social Service | $2,089,992 | $2,089,990 |
| AB SCSS - SVP - Wait List Grant | $926,978 | |
| City of Edmonton - FCSS | $465,458 | $477,043 |
| AASAS - Ministry Health Grant | $358,051 | $358,051 |
| AASAS - P1L | $83,925 | $83,925 |
| United Way Giving - AB Capital | $190,261 | $169,739 |
| AB Justice & Solictor General | $150,000 | $150,000 |
| AB Health Services | $104,653 | $102,100 |
| Community Services Recovery Fund | $100,000 | |
| Dept. of National Defence | $76,999 | $50,000 |
| Dept. for Women and Gender Equality | $66,479 | $131,021 |
| Gifts from Other Registered Charities | $51,357 | $41,952 |
| Amortization of Deferred Capital Contributions | $46,222 | $95,892 |
| Donations Through Website | $44,663 | $39,704 |
| Donations -Tax Receipted | $40,875 | $8,602 |
| Interest Earned from Bank Accounts | $32,544 | $8,914 |
| Stollery Hospital - AHS | $23,483 | $23,483 |
| Canadian Womens Foundation | $21,875 | $123,055 |
| Public Ed - Fees/Honorariums | $19,521 | $21,791 |
| Clinical Mobile Counselling | $14,700 | $7,350 |
| United Way Giving (all regions) | $8,305 | |
| Fees for Service and Honorariums | $5,327 | $3,358 |
| AGLC - Raffle Funds | $4,251 | |
| Donations- Not Tax Receipted | $3,137 | $22,557 |
| Other Grants | $192,920 | |
| Alberta Status of Women | $54,009 | |
| Wal-Mart Canada Corp. | $12,842 | |
| $4,929,056 | $4,268,298 | |
| Capital Contributions (Reported in Balance Sheet) | 2024 | 2023 |
|---|---|---|
| Edmonton Community Foundation | $200,000 | |
| AGLC - Casino Fund | $78,453 | |
| ESD -Enhancing Access Grant | $62,905 | |
| Stollery Charitable Foundation | $60,000 | |
| CWF GBV22-AB11830 Cap Building | $20,000 | |
| AGLC - Bingo Fund | $5,000 | |
| AGLC - Raffle Fund | $4,047 | |
| $430,405 | $0 |
| Expenditures | 2024 | 2023 |
|---|---|---|
| Salaries, Contract Services, Wages, and Benefits | $3,845,085 | $3,286,572 |
| Office and Administration | $537,064 | $227,635 |
| Rent and Occupancy Costs | $127,781 | $159,900 |
| Amortization | $84,363 | $217,607 |
| Advertising and Promotion | $63,307 | $147,180 |
| Professional Fees | $27,862 | $22,476 |
| Insurance | $26,749 | $25,045 |
| Fundraising | $21,918 | $726 |
| $4,734,129 | $4,087,141 | |
| Excess of Revenues Over Expenditures | $194,927 | $181,157 |
Condensed Statement of Financial Position – Year Ended March 31
| Assets | 2024 | 2023 |
|---|---|---|
| Current | ||
| Cash | $1,259,999 | $806,652 |
| Short-Term Investments | $800,000 | |
| Accounts Receivable | $29,389 | $261,514 |
| Prepaid Expenses | $24,997 | $36,670 |
| Total | $1,314,385 | $1,904,836 |
| Tangible Capital Assets | $901,694 | $124,064 |
| Total With Capital Assets | $2,216,079 | $2,028,900 |
| Liabilities | 2024 | 2023 |
|---|---|---|
| Current | ||
| Accounts Payable | $174,935 | $120,518 |
| Deferred Income | $23,564 | $35,722 |
| Deferred Contributions | $136,607 | $470,859 |
| Total | $335,106 | $627,099 |
| Deferred Capital Contributions | $430,356 | $55,422 |
| Total After Capital Contributions | $765,462 | $682,521 |
| Net Assets | 2024 | 2023 |
|---|---|---|
| Unrestricted | $290,279 | $527,738 |
| Invested in Capital Assets | $471,338 | $68,641 |
| Operating Reserve | $689,000 | $750,000 |
| Total | $1,450,617 | $1,346,379 |
| Total | $2,216,079 | $2,028,900 |