MAF Canada’s Financial Report

fy 2016

fy 2015

REVENUES
Donations
Missionary Support 3,675,566 3,742,741
Special Projects and Programs 895,610 1,277,827
General Missions 961,543 1,056,364
Gift in Kind 81,851 30,057


5,614,570 6,106,989
Program Fees 18,000 6,103
Interest 1,860 1,324
Other Revenue and Non-Receipted Donations 1,036,442 823,647


TOTAL REVENUES 6,670,872 6,938,067


EXPENDITURES
Missionary Support 4,217,455 4,096,217
Special Projects and Programs 535,792 987,120
Capital Campaign Fundraising Costs
Dental Fund Costs 87,870 62,459
Development, international Ops & Recruiting 410,036 371,092
General Administration 631,496 718,174
Fundraising Costs 767,842 636,787


TOTAL EXPENDITURES 6,650,492 6,871,849


SURPLUS (DEFICIT) FROM OPERATIONS 20,381 66,218


OTHER
Amortization (134,643) (62,085)
Premium transfers 68,145 73,341
Gain (Loss) on Disposal of Assets 20,150
Gain (Loss) on Exchange and Investments (4,678) (67,345)


(51,026) (56,058)


SURPLUS (DEFICIT) FOR THE YEAR (30,645)  10,129 
20x20
NET ASSETS, beginning of year 3,637,244 3,627,115
NET ASSETS, end of year 3,606,599 3,637,244

How donations to MAF Canada
were used in fy2016

Missionary Support – 63%

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

Special Projects – 10%

This includes emergency relief flights, and other ministry projects involving overseas MAF missionaries

Development of International Programs and Recruitment – 6%

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

Fundraising – 12%

This includes production and distribution of promotional materials, supporting missionaries in fundraising efforts, advertising, and support raising events.

Administration – 9%

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

Downloads

2016annualreport

2015 Annual Report

Click here to download MAF Canada’s fy2016 Annual Report.

financial statement

2015 Audited Financial Statement

Click here to download MAF Canada’s fy2015 Audited Financial Statement.

2015annualreport

2015 Annual Report

Click here to download MAF Canada’s fy2015 Annual Report.

financial statement

2015 Audited Financial Statement

Click here to download MAF Canada’s fy2015 Audited Financial Statement.