MAF Canada’s Financial Report

fy 2019

fy 2018

REVENUES
Donations
Missionary Support 3,383,136 3,408,967
Special Projects and Programs 2,614,362 623,527
General Missions 1,309,849 1,433,211
Gift in Kind 80,960 82,496


7,388,307   5,548,201
Program Fees 25,500 30,000
Interest 38,640 10,959
Other Revenue and Non-Receipted Donations 929,507 1,149,461


TOTAL REVENUES 8,381,954   6,738,621


EXPENDITURES
Missionary Support 4,124,351 4,008,393
Special Projects and Programs 1,075,794 595,950
Development, international Ops & Recruiting 724,797 627,632
General Administration 935,793 790,429
Fundraising Costs 883,170 797,965


TOTAL EXPENDITURES 7,743,905   6,820,369


SURPLUS (DEFICIT) FROM OPERATIONS 638,049   (81,748)


OTHER
Amortization (63,361) (64,965)
Premium transfers 0 0
Gain (Loss) on Disposal of Assets 3,000 0
Gain (Loss) on Exchange and Investments 29,651 43,277


(30,710)   (21,688)


SURPLUS (DEFICIT) FOR THE YEAR 607,339    (103,436) 
20x20
20x20
NET ASSETS, beginning of year 3,528,632 3,632,068
20x20
20x20
NET ASSETS, end of year 4,135,971 3,528,632

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

How gifts were used in fy2019

Missionary Support – 41%

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

Special Projects – 28%

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.

Fundraising – 11%

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

Administration – 11%

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

Downloads

2019annualreport

2019
Annual Report

Click here to download MAF Canada’s 2019 Annual Report.

financial statement

2019
Audited Financial Statement

Click here to download MAF Canada’s 2019 Audited Financial Statement.

2018annualreport

2018
Annual Report

Click here to download MAF Canada’s 2018 Annual Report.

financial statement

2018
Audited Financial Statement

Click here to download MAF Canada’s 2018 Audited Financial Statement.