Aspen Family and Community Network Society
Calgary, AB T2E 8Y4
CEO: Shirley Purves
Board Chair: Henry Kutarna
Charitable Reg. #: 11904 7017 RR0001
Social Results Reporting
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #118
Avg. Compensation $64,399
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||1|
|$80k - $120k||6|
|$40k - $80k||2|
About Aspen Family and Community Network Society:
Founded in 1984, Aspen Family and Community Network Society (Aspen) works in Calgary and helps people overcome poverty so that they can create better lives for themselves and their families. According to Aspen's 2015 annual report, one in ten people in Calgary live in poverty. To help these people break from the poverty cycle, Aspen runs programs that fall into three major focus areas: youth, family and the community.
Aspen Family and Community Network Society believes that children born into poverty are less likely to create successful lives for themselves as adults. To break this cycle, Aspen offers eight Youth programs that give kids the care, security and life skills they need to live healthy, independent lives. One such program is In-Home Family Support, which protects children living in potentially unsafe households. Through this program, Aspen educates families on how to handle conflict, build strong relationships and take care of their children. The charity's 2015 annual report states that of the families helped in 2015, 80% of children returned or remained at home. Aspen also runs a Youth Transitions to Adulthood program that teaches at-risk youth about skills needed for independent living, such as money management and transportation. Of the 24 youth who participated in 2015, 78% completed the program and 91% of eligible youth graduated from high school.
Aspen Family and Community Network Society's Family programs help families who live in poverty and/or face relationship problems. One such program is Stay Home Prevention, which works with families who are at immediate risk of homelessness. Stay Home Prevention helped 135 families in 2015, of which 97% avoided eviction and maintained their home.
Aspen's Community programs educate Calgarians about resources available to them that help with issues such as poverty, homelessness and hunger. One such program, the Enmax/Aspen Energy Indicators Study, teaches families at risk of eviction about how to lower their energy costs and access utility support. Aspen helped 120 households avoid utility disconnection and 278 families accessed utility support in 2015.
Aspen Family and Community Network Society is a medium-sized charity with donations of $4.0m in F2015. Administrative costs are 9% of revenues and fundraising costs are 2% of donations, which falls well within Ci's reasonable range for overhead spending. $0.11 of every donated dollar goes toward overhead costs.
The charity's funding reserves of $1.2m can cover only 12% of annual program costs, indicating a funding need.
This charity report is an update that is currently being reviewed by Aspen. Changes and edits may be forthcoming.
Updated on June 28, 2016 by Katie Khodawandi.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||9.1%||15.6%||15.8%|
|Fundraising costs as % of donations||1.7%||1.9%||2.0%|
|Program cost coverage (%)||12.0%||1.1%||1.5%|
Summary Financial StatementsAll figures in $000s
|Fees for service||225||219||231|
|Business activities (net)||82||59||0|
|Cash flow from operations||1,249||176||439|