YouCAN!
Youth Canada Association
797 rue Somerset Street West/Ouest, Suite 34, Ontario, ON K1R 6R3
tel: 613-229-1997 or 1-866-665-1482
fax: 613-233-3700 or 1-877-309-5969
Contents
Introduction....................................................1
About YouCAN! ...............................................4
April 1999 to March 2001 in Review .............5
YouCAN!’s National Board of Directors ..........7
Executive Director’s Report ...........................8
OUR SPONSORS & PARTNERS
WHOSE GRACIOUS SUPPORT HAS ENABLED YOUCAN! TO GROW AND FLOURISH
2000
Department of Justice Canada
National Crime Prevention Centre
Department of Canadian Heritage
Department of Foreign Affairs and International Trade
Royal Canadian Mounted Police
Solicitor General Canada
GOVERNMENT SUPPORTERS FOR
President’s Report ..........................................9
Audited Financial Statements for 2001........10
Audited Financial Statements for 2000........15
PRIVATE & CORPORATE SUPPORTERS
FOR APRIL 1999 – MARCH 2001
MuchMusic
Xerox: The Document Company
Levis Strauss Foundation
The Muttart Foundation
The Trillium Foundation
Jones Soda
Bootlegger
Grand and Toy
The Ottawa-Carleton Regional Police Service
SUPPORTING NGO ’S
The Canadian Commission for UNESCO
Big Brothers and Sisters Canada
St. Leonards Society of Canada
Ontario Association of Corrections and Criminology
– Ottawa Branch
Canadian Criminal Justice Association
Boys and Girls Club of Canada
YWCA
Introduction
“For the non-violent it is not good enough to simply not be violentÉyou shall
pursue the fight to the end, the end which is neither victory or spoil, but
reconciliation and resolution.”
–Lanza del Vasto, 1974.
YouCAN! stands for Youth Organizing to Understand Conflict and
Advocate Nonviolence, also known as Youth Canada Association. It was
formed in April 1997 in response to the need for a youth-led organization
that would focus on developing solutions to address youth violence issues.
We strive to promote a message of non-violence in communities across
Canada and are committed to peacemaking and consensus-building through
youth led initiatives which train youth in conflict resolution and the prevention of violence.
Our mission is to develop and promote nationwide youth-led initiatives
in non-violent conflict resolution and prevention. We facilitate training and
develop such initiatives across Canada to prepare today’s youths for the
challenges of tomorrow. We work to achieve this mission in cooperation
with Canada’s youth by giving youth ownership of the process. This empowers youth within their communities, ensuring a future of peace created by
youth for youth. YouCAN! is guided by a vision of “a nation where all youth
work in partnership with their communities to grow in peaceful and conflict
resolving lifestyles”. This vision is central to YouCAN!’s philosophy of peace
building and non-violence.
20
1
YouCAN! believes this can be
accomplished through youths working together to create a peaceful
future for their schools, communities and society. The concept of for
youth by youth is the basis for the
organization’s structure. YouCAN!
believes that an effective method of
reducing the violence in our schools
and communities is empowering
youth to influence each other in
positive ways.
At YouCAN!, we believe that the federal government should support a
community development approach which assists youth to develop competencies in the area of conflict resolution and violence prevention. A community
development approach involving youth stresses the developmental needs of
young people and the acquisition of the competencies needed for effective
adulthood. This approach suggests that strategies to improve youth outcomes must provide all youth with supports for meeting needs and opportunities to build competencies. Unlike single-problem interventions and ancillary services, a community development approach involving youth focuses
on what all youth need to prepare fully for effective adult lives. Key social
institutions must construct an infrastructure of supports and opportunities
that enable young people to meet their needs and build competencies. This
approach implies that no single institution can operate independently and
effectively serve youth. Families, schools, health and human services, business recreation and cultural organizations, churches and informal groups
need to play major roles to assist youth to build broad competencies.
NOTES TO FINANCIAL STATEMENTS – CONTINUED
A S AT M A R C H 3 1 , 2 0 0 0
4. GRANTS AND CONTRIBUTIONS
2000
1999
(12 MONTHS)
(3 MONTHS)
$ 81,750
68,000
7,000
3,042
5,175
–
10,000
60,000
–
–
17,162
35,440
20,000
15,000
1,500
1,500
–
–
$177,967
147,602
REVENUE
Department of Justice
Heritage Canada
Solicitor General
Human Resources Development Canada
Health Canada
Millenium Bureau
Trillium Foundation of Ontario
Ottawa Association of Corrections and
Criminology
Department of Foreign Affairs
5. STATEMENT OF CASH FLOW
The statement of cash flow has not been prepared since it would not provide any
added useful information.
6. FINANCIAL INSTRUMENTS
The organization’s financial instruments include cash, accounts receivable,
bank indebtedness, accounts payable and accrued liabilities. Unless otherwise
mentioned, the organization is not subject to any important interest rate risk or
credit risk.
The fair value of the financial instruments is comparable to the value recorded in
the financial statements as at March 31, 2000.
2
19
N OT E S TO F IN A N C I A L S TAT E M E N T S
AS AT MARCH 31, 2000
1. STATUTE AND NATURE OF OPERATIONS
The Youth Canada Association (YouCAN!) Association des jeunes canadiens, is a
non-profit charitable organization incorporated under the Canada Corporations
Act. The goal of the organization is to train and develop youth into leaders with
the confidence and ability to build conflict resolving communities. The Association
is tax exempt.
2. SIGNIFICANT ACCOUNT POLICY
Fixed assets
Fixed assets are recorded at cost. Depreciation of fixed assets is provided for over
their estimated useful lives using the diminishing balance method at the following
annual rates:
Rate%
20.0%
30.0%
Furniture and equipment
Computer equipment
3. FIXED ASSETS
ACCUMULATED
Furniture and equipment
Computer equipment
COST
DEPRECIATION
2000
1999
$ 821
8,090
181
2,932
640
5,158
800
6,313
$ 8,911
3,113
5,798
7,113
18
In the past year, YouCAN! has
continued to lead our nation in
youth-led conflict resolution and
peacebuilding. Our definition of
peacebuilding combines violence prevention with the processes of conflict
resolution. We are currently working
on several training modules in the
area of conflict resolution, including:
Peer-Helping, Negotiation, Mediation,
Facilitation, Peace Circles, CrossCultural Conflict Resolution and Youth Taking Action.
It is with a mixture of fear and frustration that we watch as the events
sparked by the September 11th attacks unfold before us. Now more than
ever is YouCAN!’s mission of crucial importance. In the midst of escalating
amounts of violent behaviour in our schools and communities, it is exciting
to be the leaders in youth-led solutions that are having tremendous success
peer-to-peer.
Youth are the leaders of today, not simply the leaders of tomorrow. If
we are to be successful in creating a future culture of peace, youth need
to begin taking action and responsibility for building this new culture. In
YouCAN!’s experience, youth are ready and willing to take on this new challenge.
Now that the foundation for youth-led peacebuilding initiatives has
been laid, do what YouCAN! to reach out and Resolve It! An excellent way
of doing this would be to get involved in our Third International Youth
Conference to be held in Toronto in February 2002.
As you take the time to read this report, reflect on the many accomplishments of our young peace leaders of today. Take the time to dream
of the potential that exists within
Canada’s borders and beyond.
3
About YouCAN!
CHANGES IN NET ASSETS
Invested
in fixed
Unrestricted assets
MAIN PURPOSE OF OUR ORGANIZATION
YouCAN! is a charitable, non-profit organization that is completely run
for-youth-by-youth. Focusing on youth-led peacebuilding, our mission is to
develop and promote nationwide initiatives in non-violent conflict resolution
and violence prevention. Our goal is to facilitate the training and development of such initiatives across Canada to prepare today’s youth for the challenges of tomorrow.
The following are YouCAN!’s core objectives:
• To promote the peaceful resolution of personal, community and
societal conflicts;
• To promote the concept of non-violence, peacebuilding and conflict
resolution;
• To establish a Canadian and International network of youth
peacebuilders;
• To highlight and affirm the work of peacebuilders of all ages, especially
that of young Canadians.
FOR THE YEAR ENDED MARCH 31, 2000
$ 34,745
7,113
41,858
7,582
Excess of revenue over expenses
(expenses over revenue)
Investment in fixed assets
NET ASSETS, END OF YEAR
14,050
(108)
$ 48,687
(1,423)
108
5,798
12,627
–
54,485
34,276
–
41,858
REVENUE AND EXPENSE
FOR THE YEAR ENDED MARCH 31, 2000
2000
1999
(12 MONTHS)
(3 MONTHS)
$177,967
23,876
16,896
46,763
370
265,872
147,602
43,549
52,350
912
4,307
248,720
103,429
88,937
6,997
13,464
11,020
17,960
5,905
4,110
1,423
42,177
123,018
2,175
–
9,287
18,668
14,649
4,000
470
253,245
214,444
$ 12,627
34,276
REVENUE
Grants and contributionsNOTE 4
Contract services
Registration and membership fees
Donations
Other income
EXPENSES
Wages, benefits and contract work
Travel and accommodation
Advertising, promotion and meeting
Rent
Communications
Office expenses and supplies
Printing
Professional fees
Depreciation of fixed assets
EXCESS OF REVENUE OVER EXPENSES
The accompanying notes are an integral part of the financial statements.
4
1999
(12 months) (3 months)
NET ASSETS, BEGINNING OF YEAR
MAJOR ACTIVITIES
Our YouCAN! vision is to foster “A nation where all youth work in partnership
with their communities to grow in peaceful and conflict resolving lifestyles.”
The primary activities undertaken by YouCAN! are:
• Public Education and Research
• Training
• Forums and Conferences
• Workshops
• Publications and Resources
Total
2000
17
BA L A N C E S H E E T
AS AT MARCH 31, 2000
ASSETS
2000
1999
–
90,248
–
14,630
77,354
1,351
90,248
5,798
93,335
7,113
$ 96,046
100,448
CURRENT ASSETS
$
Cash
Accounts receivable
Prepaid expenses
FIXED ASSETS NOTE 3
LIABILITIES
CURRENT LIABILITIES
Bank indebtedness
Accounts payable and accrued liabilities
Deferred contributions – Trillium Foundation
$ 1,666
39,895
–
–
48,590
10,000
41,561
58,590
April 1999–March 2001 In Review
TRAINING
YouthQUAKE 2000: YouCAN! was able to break new ground in 2000, with
hosting the world’s largest youth facilitation training Camp. Eighty-eight
youth were professionally trained over five days in facilitation. The last day
united 400 Toronto area youth for a youth taking action forum that enabled
all the youth trainers to practice their skills.
Thanks to YouthQUAKE 2000 we now have a network of 100 youth facilitators representing every Province and Territory.
Peacebuilders 2000 and Beyond: Fundraising efforts have brought the
Muttart Foundation on board to help YouCAN! create a series of training
modules in peacebuilding. Drafts are currently being developed in the following eight series: Peacebuilding One – Conflict Resolution, Peacebuilding
Two – Peer Helping, Peacebuilding Three – Negotiation, Peacebuilding
Four – Mediation, Peacebuilding Five – Facilitation, Peacebuilding Six
– PeaceCircles, Peacebuilding Seven – Cross Cultural Conflict Resolution,
Peacebuilding Eight – Youth Taking Action.
Training Team 2000: YouCAN! has a formal team of several youth trainers
across Canada.
NET ASSETS
Invested in fixed assets
Unrestricted
5,798
48,687
7,113
34,745
54,485
41,858
$ 96,046
100,448
The accompanying notes are an integral part of the financial statements.
ON BEHALF OF THE BOARD
______________________________, Director
______________________________, Director
16
PUBLIC EDUCATION AND RESEARCH
YouCAN! spent much of its research time and energy this year on a brief
we prepared for the Justice Standing Committee on the proposed new
Youth Criminal Justice Act (an act to replace the current young offenders
act). We are pleased with our government’s efforts to incorporate restorative justice processes and principles to our Youth Justice System. We do,
as can be expected, have some real concerns. Please visit our website at
www.youcan.ca for a copy of our brief. We have also been requested to
appear before the Senate Standing Committee on Legal and Constitution
Affairs.
Strategic planning sessions on the use of our website made it clear that our
website is the most effective way to undertake public education initiatives.
New blue-prints have been created and a sponsor will be sought out to redevelop our web-site in 2002.
5
YouCAN! has continued the research needed in the area of family
violence. YouCAN! has developed a web-site (to be launched in 2002) on
healthy relationships and family violence at www.youcanconnect.ca . Please
visit the website and e-mail your comments. The www.youcanconnect.ca
website will be focus group tested for much of this year.
YouCAN! has partnered with the YWCA, National Youth in Care Network
and Boys and Girls Clubs of Canada to promote the national “Week without
Violence!”. Please visit the website at: www.weekwithoutviolence.ca.
WORKSHOPS
YouCAN! continues to assist community agencies with youth-led workshops
on violence prevention and conflict resolution. A total of 75 workshops were
given by YouCAN! youth members in 2000/2001. The following community
groups are just a few of the many who requested our workshop services:
• The City of Ottawa, Department of Recreation
• Various schools across Canada
• Big Brothers and Sisters Canada
• Various Community Centres across Canada
• Various Church groups
• SPIDR (Society for Professionals In Dispute Resolution): Albuquerque,
New Mexico
• Boys and Girls Clubs of Canada
• BYTE
CONFERENCES AND FORUMS
YouCAN! has partnered to assist with the following conferences in 2000:
• CBAO: Talk works-Violence hurts youth symposium: Toronto, 2001;
• CSC: Youth on Track Forum: Kingston, 2001;
• CBAO: Talk works-Violence hurts youth symposium: Oakville, 2001;
• R2K! (Resolve It 2000): Cornwall, 2000;
• Young People’s Perspective (youth-day forum): Ottawa, 2000;
• YouCAN! Youth Taking Action Forum: Toronto, 2000;
• Western Symposium on Youth Violence: Calgary, 2000;
• Interaction (Bi-Annual Conflict Resolution Conference): Vancouver,
2000;
• Leave Out Violence Conference (LOVE): Toronto, 2000;
• PeaceDay: Scarborough, 2000;
• International Stop Racism Conference: Ottawa, 2000; and,
• War Affected Children Symposium: Ottawa, 2000.
6
FINANCIAL STATEMENTS
AS AT MARCH 31, 2000
AUDITORS’ REPORT
To the Board of Directors of the Youth Canada Association (YouCAN!)
Association des jeunes canadiens
We have audited the balance sheet of the Youth Canada Association
(YouCAN!) Association des jeunes canadiens as at March 31, 2000, the statements of revenue and expenses and changes in net assets for year then ended.
These financial statements are the responsibility of the organization’s management. Our responsibility is to express an opinion on these financial statements
based on our audit.
Except as explained in the following paragraph, we conducted our audit
in accordance with generally accepted auditing standards. Those standards
require that we plan and perform an audit to obtain reasonable assurance
whether the financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by management, as
well as evaluating the overall financial statement presentation.
In common with many charitable organizations, the organization derives
revenue from donations and registration and membership fees the completeness
of which is not susceptible of satisfactory audit verification. Accordingly, our
verification of these revenues was limited to the amounts recorded in the records
of the organization and we were not able to determine whether any adjustments
might be necessary to revenue from donations and registration and membership
fees, excess of revenue over expenses, assets and changes in net assets.
In our opinion, except for the effects of the adjustments, if any, which we
might have determined to be necessary had we been able to satisfy ourselves
concerning the completeness of the revenue from donations and registration
and membership fees referred to in the preceding paragraph, these financial
statements present fairly, in all material respects, the financial position of the
Association as at March 31, 2000 and the results of its operations for the year
then ended in accordance with generally accepted accounting principles. As
required by the Canada Corporations Act, we report that in our opinion, these
principles have been applied on a basis consistent with that of the preceding
year.
Chartered Accountants • Ottawa, Ontario • August 8, 2000
15
N OT E S TO F IN A N C I A L S TAT E M E N T S – C O NTINUED
AS AT MARCH 31, 2001
National Board of Directors
2000–2001
EAST
4. GRANTS AND CONTRIBUTIONS
2001
2000
$ 75,000
25,000
–
40,000
–
–
81,750
68,000
7,000
3,042
5,175
10,000
700
30,000
11,700
25,000
128,396
1,500
1,500
–
–
–
$335,796
177,967
REVENUE
Department of Justice
Heritage Canada
Solicitor General
Human Resources Development Canada
Health Canada
Trillium Foundation of Ontario
Ottawa Association of Corrections and
Criminology
Department of Foreign Affairs
Canadian International Development Agency
Correction Services Canada
Muttart Foundation
Tanja Krajcinovic, Halifax, Nova Scotia
Cathy Ann Kelly (Treasurer), Newfoundland
ONTARIO
Abhi Ahluwalia (Past President), Kitchener
Hiedi Bednar (Secretary), Toronto
QUEBEC
Sylvie Tremblay, Gatineau
WEST
Jamie Lipp (President), Surrey, British Columbia
Lori Grohs, Regina, Saskatchewan
NORTH
Sarah Fox (Vice-President), Whitehorse, Yukon
5. FINANCIAL INSTRUMENTS
The organization’s financial instruments include cash, accounts receivable, accounts
payable and accrued liabilities. Unless otherwise mentioned, the organization is
not subject to any important interest rate risk or credit risk.
The fair value of the financial instruments is comparable to the value recorded in
the financial statements.
14
7
Executive Director’s Report
It’s hard to imagine the growth of this organization in such a short period of time.
There’s so much I could say, but an ancient proverb reminds me that, “He who
talks much, listens little”. My hopes for all of our members, sponsors and friends
in the next decade, is that we all will take the time to listen and to understand
each other. We should learn to take the time to listen no matter what the challenges of diversity and conflict pose for us as individuals or communities.
As you read this report, you will notice a number of organizational growth
areas including: training initiatives, workshops, conferences, forums, public
education and research.
Personal highlights of this past year have been YouCAN!’s international growth, the incredible support from the Muttart Foundation for our
Peacebuilders project, the growing relationship we have with MuchMusic, and
the newly founded partnership with Correctional Services Canada.
It’s amazing how many stories have come from participants of past training
events and forums expressing how their action plans have brought about positive
change. I was thoroughly impressed with the youth we trained in Prince Edward
Island. They organized Scotland’s first national Peer Mediation Conference with
the few tools we could send their way. Our Colombian youth expanded their action
plans once they arrived home after our last national conference. They chose to
further include indigenous youth from the Amazon area. I wish there was space
here to talk about the many successful action plans here in Canada.
YouCAN!’s immediate future promises great growth and change. This fall
our all-youth National Board of Directors will develop a strategic plan to take
YouCAN! to the year 2005. This winter our Peacebuilders Project will be completed with youth trainers ready to deliver eight new modules in the processes
of conflict resolution and we will host four one-day youth forums across Canada.
By next spring we will host our largest international youth conference to-date
and our family violence website will be launched at www.youcanconnect.ca.
With all of this activity, it may be hard to practice the one skill we teach
most – ‘Listen..Listen..Listen.’ I think this principle is best explained this way:
‘First we must listen to ourselves, before we speak. Then we must listen with
our heart not just our ears as others speak to us. Finally, when those around us
are speaking things that are extremely difficult for us to listen to, that is when
we must listen most.’
Thanks to all our members, advisors, directors, staff, consultants, sponsors, family and friends for your support of YouCAN!
In peace,
NOTES TO FINANCIAL STATEMENTS
1. STATUTE AND NATURE OF OPERATIONS
The Youth Canada Association (YouCAN!) Association des jeunes canadiens, is a
non-profit charitable organization incorporated under the Canada Corporations
Act. The goal of the organization is to train and develop youth into leaders with
the confidence and ability to build conflict resolving communities. The Association
is tax exempt.
2. SIGNIFICANT ACCOUNT POLICY
Fixed assets
Fixed assets are recorded at cost. Depreciation of fixed assets is provided for over
their estimated useful lives using the diminishing balance method at the following
annual rates:
Rate%
20.0%
30.0%
Furniture and equipment
Computer equipment
In-kind donations
In-kind donations are recorded at fair value when they can be reasonable estimated and when the materials and/or services are used in the normal course of the
organizations’s operations.
3. FIXED ASSETS
ACCUMULATED
DEPRECIATION
2001
2000
$ 13,436
1,881
5,281
415
8,155
1,466
640
5,158
$ 15,317
5,696
9,621
5,798
COST
Furniture and equipment
Computer equipment
Dave Farthing
8
A S AT M A R C H 3 1 , 2 0 0 1
13
CHANGES IN NET ASSETS
FOR THE YEAR ENDED MARCH 31, 2001
NET ASSETS, BEGINNING OF YEAR
Invested
in fixed
Unrestricted assets
$ 48,687
5,798
2001
54,485
Excess of revenue over expenses
(expenses over revenue)
Investment in fixed assets
NET ASSETS, END OF YEAR
2,582
(6,405)
$ 44,864
–
–
54,485
REVENUE AND EXPENSE
(2,582)
6,405
9,621
Total
2000
41,858
12,627
–
54,485
FOR THE YEAR ENDED MARCH 31, 2001
2001
2000
$335,796
35,562
73,084
5,048
1,410
450,900
177,967
23,876
16,896
46,763
370
265,872
140,367
148,839
5,054
8,682
19,890
32,221
3,213
11,501
–
2,582
103,429
88,937
6,997
13,464
11,020
17,960
5,905
4,110
78,551
1,423
450,900
253,245
REVENUE
Grants and contributionsNOTE 4
Contract services
Registration and membership fees
Donations
Other income
EXPENSES
Wages, benefits and contract work
Travel and accommodation
Advertising, promotion and meeting
Rent
Communications
Office expenses and supplies
Printing
Professional fees
Program expenses
Depreciation of fixed assets
$
EXCESS OF REVENUE OVER EXPENSES
–
12,627
President’s Report
Dear Members,
This has been challenging and exciting year for YouCAN! As a youth-led organization we have been faced with the challenges of empowering youth to take
action on issues of violence in their communities. YouCAN! has taken on many
initiatives that contribute to our vision of creating a culture of peace among
young Canadians.
Throughout the year we have launched many projects. The first of which
is the National Peace Builders Project. This initiative has brought together
resources on conflict resolution, facilitation, negotiation, mediation, peacecircles, and cross-cultural conflict resolution. These resources will enable youth
and youth serving agencies from across Canada to take action in their communities. Another exciting initiative took place in February of this year. Sixty youth
from across Canada gathered in Toronto, Ontario to be trained as youth facilitators. Thirty of these youth facilitators played a lead role in YouCAN!’s second
national conference, Resolve it! 2000, held in Cornwall, Ontario from November
10th to 13th. The conference brought over 400 youth from across the country.
A variety of workshop topics provide these youth with the tools to develop and
carry out action plans in their communities.
YouCAN! continues to host community forums on violence prevention
and provide training workshops in conflict resolution and mediation. We have
also taken great strides in youth-based restorative justice. In March of 2000
YouCAN! presented a Brief to the Standing Committee for Justice and Legal
Affairs to advocate the rights of youth. We look forward to continuing our
efforts in these areas.
These are just a few of the many amazing initiatives that YouCAN! has had
the privilege of being a part of over the last year. We could not have made these
great achievements without the overwhelming support of our staff and many
volunteers.
We look forward to working with you towards the continued success of
YouCAN!
Thank you for your support,
Jamie Lipp
President
The accompanying notes are an integral part of the financial statements.
12
9
FINANCIAL STATEMENTS
AS AT MARCH 31, 2001
AUDITORS’ REPORT
To the Board of Directors of the Youth Canada Association (YouCAN!)
Association des jeunes canadiens
We have audited the balance sheet of the Youth Canada Association
(YouCAN!) Association des jeunes canadiens as at March 31, 2001, the statements of revenue and expenses and changes in net assets for year then ended.
These financial statements are the responsibility of the organization’s management. Our responsibility is to express an opinion on these financial statements
based on our audit.
Except as explained in the following paragraph, we conducted our audit
in accordance with Canadian generally accepted auditing standards. Those
standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by management, as
well as evaluating the overall financial statement presentation.
In common with many charitable organizations, the organization derives
revenue from donations and registration and membership fees the completeness
of which is not susceptible of satisfactory audit verification. Accordingly, our
verification of these revenues was limited to the amounts recorded in the records
of the organization and we were not able to determine whether any adjustments
might be necessary to revenue from donations and registration and membership
fees, excess of revenue over expenses, assets and changes in net assets.
In our opinion, except for the effects of the adjustments, if any, which we
might have determined to be necessary had we been able to satisfy ourselves
concerning the completeness of the revenue from donations and registration
and membership fees referred to in the preceding paragraph, these financial
statements present fairly, in all material respects, the financial position of the
Association as at March 31, 2001 and the results of its operations for the year
then ended in accordance with generally accepted accounting principles. As
required by the Canada Corporations Act, we report that in our opinion, these
principles have been applied on a basis consistent with that of the preceding
year.
Chartered Accountants • Ottawa, Ontario • July 27, 2001
10
BALANCE SHEET
A S AT M A R C H 3 1 , 2 0 0 1
ASSETS
2001
2000
$ 57,619
78,630
509
–
90,248
–
136,758
9,621
90,248
5,798
$146,379
96,046
Bank indebtedness
$
–
Accounts payable and accrued liabilities
56,290
Deferred contributions – Proj. Muttart Foundation 35,604
1,666
39,895
–
91,894
41,561
9,621
44,864
5,798
48,687
54,485
54,485
$146,379
96,046
CURRENT ASSETS
Cash
Accounts receivable
Prepaid expenses
FIXED ASSETS NOTE 3
LIABILITIES
CURRENT LIABILITIES
NET ASSETS
Invested in fixed assets
Unrestricted
The accompanying notes are an integral part of the financial statements.
ON BEHALF OF THE BOARD
______________________________, Director
______________________________, Director
11