MAF Canada’s Financial Report

fy 2020

fy 2019

REVENUES
Donations
Missionary Support $ 3,089,909 $ 3,383,136
Special Projects and Programs 789,018 2,614,362
General Missions 1,594,672 1,309,849
Gift in Kind 1,948,201 80,960
7,421,800 7,388,307
Program Fees 42,000 25,500
Interest 26,550 38,640
Other Revenue and Non-Receipted Donations 1,573,180 929,507
9,063,530 8,381,954
 
EXPENDITURES
Missionary Support 3,610,334 4,124,351
Special Projects and Programs 1,295,341 1.075,794
Development, international Ops & Recruiting 815,951 724,797
General Administration 953,235 935,793
Fundraising Costs 910,334 883,170
7,585,195 7,743,905
SURPLUS FROM OPERATIONS 1,478,335 638,049
 
OTHER
Amortization (82,729) (63,361)
Gain on disposal of assets 722,771 3,000
Gain on exchange and investments 95,031 29,651
735,073 (30,710)
NET SURPLUS FOR THE YEAR 2,213,408 607,339
NET ASSETS, beginning of year 4,135,971 3,528,632
           
NET ASSETS, end of year $ 6,349,379 $ 4,135,971

Mission Aviation Fellowship of Canada fiscal year runs from
October 1 – September 30.

How gifts were used in fy2020

2020 Missionary Support

Missionary Support – 47%

Includes living expenses, housing, salaries, education, repatriation costs, furlough expenses, and travel to and from the field.

2020 Special Programs

Special Projects – 24%

Includes emergency relief flights, and other ministry projects involving overseas MAF missionaries.

Development of International Programs and Recruitment – 9%

Includes ongoing recruiting of MAF personnel as well as supporting the advancement of international programs.

2020 Fundraising

Fundraising – 10%

Includes production and distribution of promotional materials, fundraising efforts, advertising, and support raising events.

2020 Administration

Administration – 10%

Support of overseas staff including newsletters, donor receipting, payroll, training, travel, & other critical functions.

Downloads

2018annualreport

2020
Annual Report

Click here to download MAF Canada’s 2020 Annual Report.

financial statement

2020
Audited Financial Statement

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