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Committee of the Whole/Documents/Financial Statements - Peninsula Streams Society
Appendix

Financial Statements - Peninsula Streams Society

March 9, 2021Pages 203–2052 sections

Profit and Loss and Balance Sheet Summary for the Peninsula Streams Society for the 2020 fiscal year.

2. APPROVAL OF AGENDA (motion to approve)
Total Income 2020: $919,412.38Total Assets as of Dec 31, 2020: $257,169.82Net Profit 2020: $23,930.41

Peninsula Streams Society

PROFIT AND LOSS

January - December 2020

TOTAL
INCOME
Bank-Earned Interest 179.00
Contract Revenue 41,788.50
Corporate Sponsor Donations 19,472.75
Donations from Organizations 15,460.00
Grants 499,943.00
Individual Donations 41,890.71
Membership Dues 2,071.45
Miscellaneous Income 25,867.75
Revenue Deferred Frm Prior Year 272,739.22
Total Income $919,412.38
GROSS PROFIT $919,412.38
EXPENSES
Administrative 90.00
Amortization 672.00
Bank Service Charges 281.70
Bookkeeping 3,780.01
Catering 61.71
Construction - Contractor 609,932.97
Construction Equipment - contracted 333.13
Construction materials 8,593.13
Contract Labour 95,406.23
Dues for outside memberships 346.00
Equipment Rental 359.52
Equipment Repairs 290.01
Freight 461.13
Insurance 1,172.50
Interest 24.97
Labour 492.00
Late Fees 32.03
Meals 95.54
Meeting Space Rental 90.04
Mileage 3,932.56
Miscellaneous Expenses 90.99
Office Supplies 399.56
Payroll Expenses
CPP, Company Expense 5,446.62
EI, Company Expense 2,403.27
Salaries & Wages 110,129.14
Wages for 3rd party billing 1,201.87
WCB Expense 163.00
Total Payroll Expenses 119,343.90
Permit 125.00
Planting materials 6,477.76
Postage 116.24
Printing 420.78
Professional Development 988.55
Professional Fees
Accounting 2,050.00
Consulting 13,785.00
Lab Testing Fees 12,194.21
Total Professional Fees 28,029.21
Software Tools 2,722.04
Supplies
Fieldwork 8,370.80
Office 1,331.35
Total Supplies 9,702.15
Travel 167.00
Website expenses 451.61
Total Expenses $895,481.97
PROFIT $23,930.41

Page 203–205

Peninsula Streams Society

BALANCE SHEET SUMMARY

As of December 31, 2020

TOTAL
Assets
Current Assets 17,053.03
Cash and cash equivalents 200,742.41
Accounts receivable (A/R) 38,534.38
Total Current Assets 256,329.82
Non-current Assets
Property, plant and equipment: 840.00
Total Non-current Assets 840.00
Total Assets $257,169.82
Liabilities and Equity
Current Liabilities 130,513.95
Accounts Payable 84,063.67
Credit Cards 931.24
Total Current Liabilities 215,508.86
Non-current liabilities: 40,000.00
Equity 1,660.96
Total Liabilities and Equity $257,169.82
Page 203–205
Extracted from: 2021 03 09 Committee of the Whole Agenda - Agenda - Pdf