Aspen Family and Community Network Society
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
86%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.
My anchor
OVERVIEW
About Aspen Family and Community Network Society:
In 2020, Aspen Family and Community Network Society merged with Boys and Girls Clubs of Calgary to form Trellis Society. As such, this charity profile will no longer be updated.
Founded in 1984, Aspen Family and Community Network Society (Aspen) works to support single parents, new immigrants, Indigenous Peoples, children, youth and families in the Calgary area. Aspen focuses on three major program areas: family, youth, and community.
Aspen recognizes that when families struggle with poverty and other social challenges it can have a lasting negative impact on children. By improving access to food, affordable housing, and financial literacy coaching, Aspen grants families with the necessary skills and supports to be successful. Programming works with families to prevent or escape homelessness and provides foster care services to ensure that children are placed in safe, nurturing, and supportive homes.
With eight youth-focused projects, Aspen aims to break unhealthy patterns of low education, poor health, social isolation, and lack of support networks that young people inherit from their parents. Some of the programs assess and treat mental health issues including addiction and eating disorders. Youths who have difficulties living with family can access support in developing healthy relationships with families, live in Aspen group homes, or receive guidance in living independently through Youth Transitions to Adulthood. In F2018, 95 youths participated in the Element program where they learned job skills and had access to internship opportunities.
Aspen Family and Community Network Society believes that to sustain changes made in the lives of families and youths, they must be surrounded by a supportive community. Aspen works with more than 60 local organizations to ensure that Calgarians can access services including employment training and housing resources. In particular, the 1000 Voices space is 10,000 square feet, containing offices for social service organizations, six meeting workshop rooms, and five private counselling rooms.
My anchor
Results and Impact
Aspen Family and Community Network Society reports that in F2019, 139 of the families that participated in the Home-Stay Prevention program avoided becoming homeless. Under the umbrella of family programming, the In-Home Family Support program works with the families of children who have recently been or may soon be removed from the family home by Children’s Services. F2019, 70% (95) of the families involved avoided having their children removed.
My anchor
Finances
Aspen Family and Community Network Society is a medium-sized charity with donations of $3.8m in F2018. Aspen received $6.9m in government funding, representing 62% of total revenues. Administrative costs are 13% of revenues and fundraising costs are 1% of donations. For every $1 donated 86 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
Aspen has $641k in funding reserves of which $10k is endowed. Excluding endowed funds, the charity could operate for less than one month using reserves.
This charity report is an update that has been sent to Aspen Family and Community Network Society for review. Changes and edits may be forthcoming.
Updated on June 13, 2019 by Madison Kerr.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
---|---|---|---|
Administrative costs as % of revenues | 12.6% | 10.7% | 9.1% |
Fundraising costs as % of donations | 1.4% | 1.9% | 1.5% |
Program cost coverage (%) | 7.0% | 2.5% | 6.4% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
---|---|---|---|
Donations | 3,836 | 3,431 | 4,007 |
Government funding | 6,901 | 7,381 | 7,286 |
Fees for service | 197 | 193 | 153 |
Business activities (net) | 60 | 54 | 64 |
Other income | 111 | 57 | 71 |
Total revenues | 11,105 | 11,117 | 11,581 |
Program costs | 8,970 | 8,584 | 9,133 |
Administrative costs | 1,395 | 1,184 | 1,057 |
Fundraising costs | 53 | 65 | 59 |
Other costs | 437 | 1,079 | 1,203 |
Cash flow from operations | 250 | 205 | 129 |
Funding reserves | 641 | 223 | 593 |
Note: Ci has adjusted for endowment received and amortization of deferred contributions, affecting revenues by ($156k) in F2018, ($99k) in F2017, and ($106k) in F2016. Programming, administrative, fundraising, and other expenses have been broken out according to the charity’s CRA filing. Amortization has been removed pro-rata from programming, administrative, and fundraising expenses.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
3 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.