Aspen Family and Community Network Society

2609 - 15 Street NE, Suite 200
Calgary, AB T2E 8Y4
CEO: Shirley Purves
Board Chair: Bruce Edgelow

Website: www.aspenfamily.org
Charitable Reg. #: 11904 7017 RR0001
Sector: Social Services
Operating Charity

Donor Accountability

Grade: B-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #102

Avg. Compensation $66,656

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 0
$80k - $120k 5
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

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 to create better lives for themselves and their families. Aspen has 20 different programs and provides over 3,000 formal clinical services each year. The charity’s programs and research focus on three major areas: Youth, Family and the Community.

Aspen recognizes that children born into poverty are less likely to create successful lives for themselves as adults. To help break this cycle, Aspen offers eight Youth programs that aim to instil hope, build confidence and assist young people in accomplishing their goals to change their independent lives. Two programs include Youth Matters and Youth Transitions to Adulthood. Youth Matters is a program that takes places in schools and community centers in Calgary to help youth and young adults make smart, informed decisions about relationships, school, employment, housing and other important life choices. Youth Transitions to Adulthood helps young people transitioning out of foster care or community group homes build the skills they need to live independently.

The charity’s Family programs help families who are living in poverty and/or facing relationship problems. Aspen knows that if parents can’t provide the provide the essentials of life for themselves, it impacts partners, children, grandchildren and future generations. One of its Family program is Home-Stay Prevention, which works with families who are at immediate risk of homelessness. In F2016, the charity helped 155 families.

Aspen’s Community programs educate Calgarians about resources available to them that help with issues such as poverty, homelessness and hunger. The charity works closely with other agencies, organizations and government to ensure people have access to the supports and resources they need. Its Hand-in-Hand Parent Link Centers provide a safe and supportive environment for families with children under the age of 6. Aspen has three Parent Link Centers in Calgary that offer programs such as clothing exchanges and nutrition courses.

Impact and Results: Aspen reported in its 2016 annual report that 93% of Youth Matters participants demonstrated increased skills/competencies towards a more sustainable livelihood. Additionally, 80% of eligible Youth Transition to Adulthood participants graded from high school. Aspen also reported in its 2017 annual report that over the past 3 years, only 2 out of 351 families in the Home-Stay Prevention program needed to access shelters after graduation.

Financial Review:

Aspen Family and Community Network Society is a medium-sized charity with donations of $3.4m in F2017. Aspen received $7.4m of government funding in F2017, representing 67% of its total revenue. Administrative costs are 11% of revenues and fundraising costs are 2% of donations. Per dollar donated to the charity, $0.87 goes toward its programs, which falls inside Ci’s reasonable range for overhead spending. Funding reserves of $222k can cover less than 1 month of annual program costs, indicating a strong need for donations.

This charity report is an update that has been sent to Aspen Family & Community Network Society for review. Changes and edits may be forthcoming.

Updated on June 22, 2018 by Derek Houlberg.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 10.7%9.5%9.0%
Fundraising costs as % of donations 1.9%1.7%1.7%
Program cost coverage (%) 2.6%6.5%12.0%

Summary Financial Statements

All figures in $000s
201720162015
Donations 3,3753,5294,232
Government funding 7,3817,2867,848
Fees for service 193153225
Business activities (net) 546482
Other income 577183
Total revenues 11,06111,10312,470
Program costs 8,5849,1339,835
Administrative costs 1,1841,0571,120
Fundraising costs 655970
Other costs 1,0791,203619
Cash flow from operations 149(349)825
Funding reserves 2235931,175
Note: Ci did not include amortization of deferred contributions, decreasing total revenues by $103k in F2017, $112k in F2016 and $87k in F2015. Ci did not include gain on sale of fixed assets, decreasing total revenue by $243k in F2015. Ci included deferred capital contributions received in cash as donations, increasing total revenues by $110k in F2015. Rental income included in business activities is reported gross of expenses. Ci included endowment received as donations, increasing total revenues by $4k in F2017 and $6 in F2016. Ci adjusted for deferred revenue, affected total revenues by ($56k) in F2017, ($478k) in F2016 and $195k in F2015. Administrative, fundraising and program costs are from the charity’s T3010 CRA filing. Total other expenditures as reported in the charity’s T3010 CRA filing are included in other costs. Total non-cash expenses include amortization of property, plant and equipment of $188k in F2017, $227 in F2016 and $217k in F2015. Amortization of property, plant and equipment has been backed out of program, administrative and fundraising costs based on % of total expenses.  

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