AGENDA - aphasia.ca · submission to the LHIN Update on Endowment Report The semi-annual report was included in the Board package. Silvia briefed the Board on the results. The return

AGENDA Date: Nov 25, 2019

Time: 18:00-20:00 Meeting Chair: Silvia Gomes

Meeting Location: 73 Scarsdale Road, Toronto, ON Conference Call: 416-343-2655 ID# 3767334

Founder Patricia Arato Charitable Reg No. 13306 5227 RR0001

Agenda Item Details

Call to Order Welcome Welcome and introduction of new member (Peter B)

Welcome Maria

Welcome Special Guests

Approval of the Agenda Motion Required

Approval of the Minutes of Previous Meeting

Motion required approving minutes for Oct 28, 2019

Business Arising from Previous Minutes

Caryl to post Razan’s presentation on the Board website – completed

Executive committee to discuss recruitment of new Board Members - ongoing

Quality, Research, and Ethics

To be carried forward

Governance and Nominations Committee

Update – John Gayle

Fund Development Committee Updates, ICare, Annual Appeal – Jane Brenneman Gibson

Executive Report Motion Required: To approve Executive Report

Finance Report Finance Report - Nida

Other Business MOH update

Holiday Party on Dec 15

In Camera Session

Meeting termination Motion Required

Date of the next meeting Jan 27, 2020 @ 18:00

AGENDA Date: Nov 25, 2019

Time: 18:00-20:00 Meeting Chair: Silvia Gomes

Meeting Location: 73 Scarsdale Road, Toronto, ON Conference Call: 416-343-2655 ID# 3767334

Founder Patricia Arato Charitable Reg No. 13306 5227 RR0001

Items included in this Package Agenda Minutes for Oct 28, 2019 Annual Appeal Samples Executive Report Financial Report

Page 1 of 3

Minutes of the Board of Directors Meeting Of the Aphasia Institute

Monday, October 28, 2019

Present: Staff Silvia Gomes Aura Kagan Jane Brenneman Gibson Carrie Harrison Nida Chaudhary Camilla Todesco George Kopulos Housseyn Belaiour Conference Call Hicham El Chazli Regrets: John Gayle Peter Blakely

Topic Discussed Outcome/Action 1. Call to Order Silvia called the meeting to order at 6:08 p.m.

2. Welcome Silvia welcomed everyone to the Board meeting.

She introduced the new Board member Housseyn Belaiour and our staff guests – Robbyn Draimin and Razan Rawdat

3. Approval of the Agenda

Motion to approve the agenda

Moved: Jane Brenneman Gibson Seconded: Nida Chaudhary

Carried 4. Approval of the

Minutes of the Previous Meeting

Motion to approve the minutes of June 17 & Sept 26, 2019

Moved: George Kopulos Seconded: Jane Brenneman Gibson

Carried

5. Business Arising from Previous Minutes

All action items completed

Page 2 of 3

Topic Discussed Outcome/Action 6. Special

Presentation Razan provided a presentation on the Ministry of Health deliverables and what we have achieved.

Action: Caryl to post Razan’s presentation on the Board website

7. Quality, Research, and Ethics

No matters were raised at this meeting

8. Governance and Nominations

George provided a brief update – that the Human Resource board position is still open. Aura suggested that the Executive Committee will discuss if there is a necessity of soliciting for new board candidates at this point and time given the number of new board members that have joined the Board this year.

Action: Executive committee to discuss the recruitment of new Board members

9. Fund Development Committee Update

Jane updated the Board on Fund Development

Walk, Talk ‘n Roll

Thank-you email for WTR went out to Fundraisers

The Board package contained comparative charts for the WTR and Annual Appeal. The trend is that people are donating more, but we have fewer donors

It was noted that the Board reached their fundraising goal this year

10. Executive Report The Executive Report was presented.

A meeting with the Deputy Minister and ADM is scheduled for Oct 30.

We have hired someone for Carrie’s position.

Motion to approve the Executive Report.

Moved: Jane Brenneman Gibson Seconded: Housseyn Belaiour

Carried

11. Finance Report Nida presented the Financial Report.

Overall, revenue has a positive variance of $64K and expenditures are under budget by $19K

Page 3 of 3

Topic Discussed Outcome/Action Motion required to approve the Q2 financial results for submission to the LHIN

Update on Endowment Report

The semi-annual report was included in the Board package. Silvia briefed the Board on the results. The return of 5.21% underperformed the benchmark which had a return of 8.63%. This was largely due to stock selection (including energy and financial stocks).

This is the second time the return has underperformed the benchmark. Jane suggested that if it underperforms the benchmark for the third time, we will ask the Investment Committee to speak to the Board.

Moved: Housseyn Belaiour Seconded: Jane Brenneman Gibson

Carried

12. Other Business Website Discussion – Hicham briefed the Board on the website. We currently have a website that is old and difficult to maintain. There are two components to the website – Content creation (WordPress) and E-commerce (Woo Commerce). Our current provider was approached, but their cost is too high. We have sourced another provider who will be doing the Discovery phase for us.

The fileservers also have to be upgraded and we are hoping that we can go to the LHIN for funding

13. In Camera Session

14. Next Meeting Date Nov 25, 2019

Meeting Termination The meeting was terminated at 7:15 pm

Motion to terminate the meeting

Moved: Camilla Todesco Seconded: Jane Brenneman Gibson

Carried

By my signature, I hereby confirm that these minutes accurately reflect the business conducted at the October 28, 2019, Aphasia Institute Board Meeting.

It Gets Better...

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APHASIA INSTITUTE73 Scarsdale Road, Toronto, ON M3B 2R2

73 Scarsdale Road, Toronto, ON M3B 2R2 • www.aphasia.ca

APHASIA INSTITUTEThe Pat Arato Aphasia Centre

73 Scarsdale Road, Toronto, ON

M3B 2R2

Your stamp will save us

money

Thank you!

Executive Report to the Aphasia Institute Board of Directors – November 2019

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Vision Statement There are no barriers to living successfully with aphasia Mission Statement Give hope to people with aphasia and their families by developing and sharing innovative solutions that reduce language barriers to full life participation

Executive Report:Nov 2019

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Acronyms A list of acronyms to assist you as you navigate this report: AAH Aging At Home ALC CAMS

Alternate Level of Care Communicative Access Measures for Stroke

CAPS Community Accountability Planning Submission CCAC Community Care Access Centre Central LHIN COLA

Central Local Health Integration Network Cost of Living Allowance

CSS Community Support Service CSS Network HRDC

Community Support Service Network Human Resource Development Canada

H-SAA Hospital Service Accountability Agreements HSF Heart & Stroke Foundation H-SIP Health System Improvement Pre-Proposals

Health System Improvement Project IHN Important Health Notice IHSP Integrated Health Service Plan M-SAA Multi-Sector Accountability Agreement MOHLTC Ministry of Health and Long-Term Care OAHPP Ontario Agency for Health Protection and Promotion OCSA Ontario Community Support Association OHA Ontario Hospital Association OHRS/MIS Ontario Healthcare Reporting Standards / Management Information

System OSN OSS OTF

Ontario Stroke Network Ontario Stroke System Ontario Trillium Foundation

OTN The Ontario Telemedicine Network SCA™ Supported Conversation for Adults with Aphasia SHKN Seniors Health Knowledge Network SNAGA Health Service Needs Assessment and Gap Analysis TRI Toronto Rehabilitation Institute WERS WTR

Web Enabled Reporting System Walk Talk ‘n’ Roll


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This report is respectfully submitted by the Executive Staff Team:

Aura Kagan, Executive Director and Director of Education and Applied Research Catherine Brookman, Consultant Executive Leadership, Research and Program Innovation Carrie Harrison, Director of Finance and Operations (Maria Martinez in learning mode) Rochelle Cohen-Schneider, Director of Clinical and Educational Services

Prepared with administrative support from Caryl Pereira and Razan Rawdat


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Updates related to:

Strategy Case for Support

The THINK TANK meeting referred to in the previous executive report laid the seeds for confidence in going forward with a bigger ‘ask’ in relation to our current negotiations with MOHLTC. The case for support was presented in an in-person meeting. See below under Ministry/CLHIN for more information

Finance and Operations (including agency related –LHIN, human resources) Finance Financial Report included in the Board Package

Operations

We have selected a vendor - MediaDocs, to support us with the discovery phase of our website. In our first meeting with MediaDocs, key stakeholders provided input on our audiences, what we would like our website to look like, and what our current ‘pain points’ are from a website design as well as technical aspects

We are in the final stages of transferring over our land line phones to IP phones We welcome our new Director of Finance and Operations, Maria Martinez. Maria is

shadowing Carrie for the next few weeks. Carrie has graciously agreed to be available to provide support for Maria after her official retirement date

External Relationships

Ministry/CLHIN

Aura, Silvia and Jane met with the Deputy Minister of Health, Helen Angus, Assistant Deputy Minister (DM), Melanie Fraser and Amy Olmstead, Director, Home and Community Care Branch on October 30th 2019. The purpose of the meeting was to 1) provide an up date on our successful provincial project and 2) explore funding options to maximize the Ministry investment by sustaining and scaling impact

As part of the discussion about sustaining and growing this successful provincial initiative, DM Angus indicated that it makes sense for annualized funding to flow via a provincial as opposed to a local funding body such as CLHIN or an OHT


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However, provincial structures such as Health Ontario are currently in a transitional phase and an interim solution was therefore discussed to ensure that the province does not lose the investment already made or lose ground on the momentum that has started to build. In relation to this, the Aphasia Institute has been asked to submit a two-year plan to allow for continuity until such time as a provincial body is in a position to take over

Our contact, Amy Olmstead has generously agreed to review a draft submission of the proposal. We aim to submit our final version before the end of November. We have been extremely fortunate in receiving input and advice and can give examples in person at the board meeting

The LHIN’s are beginning their transition period and are reduced from 14 separate bodies to five regional bodies. We have received notice that Kim Baker, CEO of the Central LHIN, has chosen not to pursue opportunities in the new regional model. Scott McLeod will be the Central Regional Lead

Communications The Communication Committee meets on a weekly basis. Based on the expertise of the

committee we have made several changes/enhancements to the Annual Appeal Campaign:

o Utilized an address verification software that identified donor address that were invalid (thanks to advice and support from Peter)

o Engaged another company to produce our Annual Appeal graphics and layout (samples included in the Board Package)

o These improvements have really stepped up the Annual Appeal quality, direct mail out, and e-blast

Revenue Generation/Fund Development (including fundraising, donor cultivation)

The Executive Team has been very busy working on two submissions, the Ministry of

Health funding proposal due November 30 and the Ontario Brain Institute (OBI) grant due December 20

o Re OBI, we have already met with our assigned evaluation expert and think we will benefit from his expertise. Can provide more information at the upcoming meeting

The craft and bake sale has raised over $1,400 Training, Education and Publications Aura Kagan, Elyse Shumway and Robbyn Draimin attended the American Speech-

Language-Hearing Association (ASHA) Convention in Orlando from November 21 - 23. They presented on Rating Anchors for Measures Related to Conversation and Aphasia


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Severity: Establishing Consensus and SCA and advocating for communicative access to Interprofessional services

Rochelle Cohen-Schneider has a publication forthcoming in the American Speech Language and Hearing Association (ASHA) Perspectives Special Interest Groups Issue regarding Neurogenic Communication Disorders, entitled “Spotlight on the Clinician in the Life Participation Approach to Aphasia: Balancing Relationship-Centred Care and Professionalism”. Rochelle was supported by Melodie Chan (Research & Development Coordinator) and Allison Tedesco (Manager, Client Services, Social Worker) as co-authors, along with two other individuals from U.S.A.

Robbyn Draimin presented on Ministry of Health funded offerings to Central Region Stroke Network SLP Regional Stroke Rounds (online) and Trillium in Mississauga

The third webinar in our Fall Speaker Series took place with Dr. Tom Sather from University of Wisconsin presenting on Sense of Place: Novel interventions for aphasia focusing on the role of place

The Your Life Toolkit has been translated into Danish as the result of a licensing agreement finalized earlier this year

A pilot study is currently under way to establish the typical time it takes a learner to complete the new SCA eLearning module. The study is required in order to begin offering ASHA CEUs for the module

Direct Service General The registration process for the Winter Term (January 2020) has begun Clients are completing the annual client engagement survey. This is an important but time

consuming process since a large proportion of our clients require communication support to complete the survey

A new group has started for people and their families living with Primary Progressive Aphasia

A Town Hall Meeting was held last week. Staff shared updates on our Operational Plan. We also provided information from the annual client and volunteers survey which asks them three different questions about programs and services e.g. What do you like about programs and services offered at AI?; How can programs and services be improved?; and, What should programs and services look like in 2024? (guiding clients to look further into the future) These questions are based on questions we used when developing our strategic plan

Students The two SLP students from Australia have completed their placement


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The SLP department at U of T have increased their class size and need more placement sites for their students. We will be taking one extra student from U of T each year in the Winter months

30 SLP students from McMaster University completed a Study Day onsite, observing programming and receiving an Introduction to SCA

Volunteers Seven volunteers received the Ontario Volunteer Service Award (Oct 23rd) We are currently preparing to receive requests for clinical reference letters from student

volunteers applying to Graduate programs (Speech, Health Sciences, and Social Work etc.). We typically get requests from 14 – 20 volunteers and may be asked to process approximately one to six letters per volunteer

Volunteer Training for Supported Conversation SCA™ took place on Nov 8 & 15. 13 volunteers attended, including 3 who did it as a “refresher”

Volunteer Seminar planned for Nov 28th – external speaker to explore the diverse experiences of the multiple generations; identifying the learning and working styles of the multi-generational mix (i.e. Traditionalists, Boomers, Zoomers, Gen X, Gen Y, Gen Z etc.)

Research and Project Updates

Aphasia Community Hub We have had over 900 sign-ups to the Aphasia Community Hub and over 300

completions of the eLearning module that resides on the Hub With the help of our vendor, Shore, we are currently working on implementing the ability

to register for other Aphasia Institute trainings through the Community Hub. Testing of this aspect of the platform is underway

Gift of Conversation Package 250 boxes were designed for Speech-Language Pathologists in Ontario that include a

variety of resources from the Aphasia Institute. The idea was to create ‘champions’ for SCA. All 250 gifts have been delivered upon request across the province. Here is a testimonial that we recently received

o I’m just writing to let you and the amazing team at the Aphasia Institute know what an incredible resource the Gift of Conversation has been to myself and my colleagues... Having had it for only a month, we have used the provided slides for educating several volunteers and a co-op student about Supported Conversation for Adults with Aphasia, and I was able to provide one of my patient’s family members education about how to best communicate with their loved one in a more


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timely, clear, and systematic way. We are also in the process of putting together a 10 minute presentation intended for orientation to all new staff and will be utilizing the slides, as well as providing a link to the website, should new staff want further in depth training. In addition, my colleagues have utilized the pictographic resources (ParticiPics) to create a low tech AAC booklet for a severely impaired patient, and myself and a physiatrist have provided several ESL and aphasic patients with stroke education using the “what is aphasia” resource provided within. In these ways, I really feel the Gift of Conversation packet has helped staff, students and volunteers feel supported in enhancing communication accessibility at our hospital and beyond. In turn, provided care and health outcomes for our patients, their families and caregivers is better than ever. Thank you so much to the Aphasia Institute for your hard work and dedication in providing this fantastic resource!

SCA-Acute This project is in its final stages and current work is focused on the creation of a new

resource for families in the acute care context An “implementation” planning and support initiative is underway in parallel with the last

stage of the SCA-Acute project. The goal of this initiative is to support the North York General Hospital (NYGH) teams to identify ways to become more communicatively accessible as a unit, beyond the end of the research project, as well as to leverage resources they have already received through the research and through the MOH grant

As a result of the above, our team is offering in-service education sessions condensing the SCA methods and awareness of resources, not only for recent participants in the research project, but also for any other staff who may be available when the sessions take place

New Beginnings Program Research Recruitment is underway for a second cohort of participants to join the February-April

2020 program QRE Committee Two external recruitment requests were received and reviewed by the Executive Staff

according to a template recommended by the QRE Committee. This time saving step for certain types of requests has improved efficiencies and standardization of request related to recruitment


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Upcoming Events

Month Board Meeting Board Education Events to attend

November 2019 Board Meeting Nov 25

Volunteer Training Nov 8 & 15

December 2019

Holiday Party Dec 15

January 2020 Board Meeting Jan 27

February 2020

March 2020 Board Meeting March 23

April 2020 Board Meeting April 27

May 2020

June 2020 Board Meeting June 15

Walk, Talk ‘n Roll TBD

For management use only

Management Report

Aphasia Institute For the period ended October 31, 2019

Prepared on

November 6, 2019

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Table of Contents

Financial Executive Summary .......................................................................................................................................... 3

Balance Sheet .................................................................................................................................................................... 5

1 Budget vs. Actuals for fiscal year .................................................................................................................................. 8

Aphasia Institute 3/8

Financial Executive Summary 2019/20 Budget (History)

The 2019/20 Budget was prepared using an 80% certainty factor, as it is difficult to predict unexpected revenue e.g. major donation or mitigation strategies. The balanced budget was presented to the Board with the understanding that the Aphasia Institute had several mitigation strategies in the works for Professional Training outside Ontario, but could not predict the revenue or expenditures that would be forthcoming.

The one-time funding for the Ministry of Health and Long Term Care is included in the budget and is the final year of funding

For the budget, we planned for an additional $25K increase to our lease of building costs over last year. However, we may see an increase to additional rent (e.g. janitorial services, snowplowing, insurance on building). Additional rent costs will be distributed to tenants in the building, based on square footage if the costs are applicable to all tenants or it may be a direct charge to specific tenant e.g. plumber.

Financial Current Position Summary:

Revenue Highlights

Overall revenue has a positive budget variance of $69K: Fund development has a positive variance of $19K, ($12K due to 2 estate donations, $4K for Walk Talk ‘n

Roll and $3k timing differences for general donation and In Memoriums) Social Enterprise (professional training and resources) has a positive variance $36K (primarily due to training

in Denmark in October) Investment income has a positive variance of $12K related to income from non-endowment investments Other Miscellaneous revenues $2K

Expenditure Highlights

Overall expenditures are under budget (a positive variance) by $13K: Salaries & benefits have a positive variance to budget of $5K timing variance Printing supplies has a negative variance to budget of -$17K related to supplies/resource purchased for the

Ministry of Health deliverables Information and Technology costs have a positive variance of $11K to budget. Timing difference for

maintenance support Consultants costs are below budget by $10K; timing difference Other Miscellaneous expenses $4K positive variance

Endowment Investment:

You will note on our balance sheet our RBC Endowment Investment is recognized as 1.194M, this represents Book Value and not Fair Market Value. The fair market value as of November 6, 2019 was $1.224M. An investment committee meets with the investment manager of the Endowment Fund semi-annually to review the performance of these assets.

Financial Forecast as of March 31, 2020, Position Summary:

For the expected year-end forecast, we expect to have a net income of $0 - $20K surplus. We may have unforeseen IT expenditures related to new file servers that will be shortly outdated. We are investigating further to determine opportunities via cloud based technology, as well as one-time funding from the LHIN to support these additional costs.

2019/20 Revenue Forecast $70K positive variance to budget

Breakdown of revenue forecasted variances:


HRDC Grant positive variance of $6K. We received funding approval for 2 summer students vs. 1 student budgeted

Donations positive variance $20K ($12K from two estate donations, an estimated $1K increase from monthly donations from 2 new donors and $4K increase from Walk Talk ‘n Roll, $3K other donations)

Social Enterprise (professional training) is forecasted to positive variance to budget of $32K related to an off- site training in Copenhagen

Investment income has a positive variance of $12K related to income from non-endowment investments

2019/20 Expenditure Forecast -$58K negative variance to budget) Breakdown of expenditure forecasted variances:

Salaries and benefits are forecasted to have a negative variance of -$16K which relates to the hiring of two approved HRDC students (revenue offsets expenditure). Additional money set aside to allow for support as required to train Maria, the new Director of Finance and Operations and a one day a week clinical staff person to conduct assessments that are related to research. The research expenditures will be drawn down from the Equity Impact Fund at the end of the yearC

Printing supplies has a negative forecast variance of -$29K. This is as a result of the additional training costs associated with the off-site training sessions and increased printing material relating to the Ministry of Health Grant

Equipment lease and support has a negative variance of -$3K due to increase in annual support costs associated with Client’s software subscription (CIMS)

Consultant expenses have a negative variance of -$4K Negative variance for other Miscellaneous expenses -$6K


Balance Sheet As of October 31, 2019

Total As of Oct 31, 2019 As of Oct 31, 2018 (PY) ASSETS

Current Assets Cash and Cash Equivalent

12100 Bank/Asset 0.00 0.00 12120 Petty Cash 500.00 500.00 12150 ING Direct Savings 569.49 569.49 12190 Bank - Scotia 212,678.66 226,956.14 12197 Petty cash US$ 78.69 78.69 Total 12100 Bank/Asset 213,826.84 228,104.32

12110 Undeposited Funds-1 0.00 272.00 Total Cash and Cash Equivalent 213,826.84 228,376.32

Accounts Receivable (A/R) 12300 Accounts Receivable 5,312.57 3,510.49

12301 CAP Fee 10,604.50 5,806.50 12305 Other Income 17,684.00 0.00 Total 12300 Accounts Receivable 33,601.07 9,316.99

Total Accounts Receivable (A/R) 33,601.07 9,316.99 12220 Investments-RBC 605,707.79 406,380.75

12155 Cash with broker 779.09 779.09 12221 Investments-RBC Sustainability 12,586.47 12,586.47 12222 Investments-RBC Endowment 1,193,518.89 1,129,227.02 Total 12220 Investments-RBC 1,812,592.24 1,548,973.33

12600 Prepaids 0.00 1,170.34 12690 Prepaid Expense - General 13,323.52 14,333.05 Total 12600 Prepaids 13,323.52 15,503.39

Clearing -308.06 0.00 Total Current Assets 2,073,035.61 1,802,170.03

Non-current Assets Property, plant and equipment

32800 Fixed Assets 0.00 0.00 32850 Furn & Equip 14,893.44 14,893.44

32850a New Workstations 24,076.36 24,076.36 Total 32850 Furn & Equip 38,969.80 38,969.80

32851 Accum. Amort. - F & E -25,783.21 -21,020.58 32859 Computer 09/10 0.00 0.00

32683 Dell Servers 25,019.61 25,019.61 Total 32859 Computer 09/10 25,019.61 25,019.61

32860 Acc.Amort Computer -21,542.34 -16,801.74 32865 Leasehold Improvements 8,426.49 8,426.49

32685a Leaseholds Cabling and Electric 11,167.43 11,167.43 Total 32865 Leasehold Improvements 19,593.92 19,593.92

32866 Accum. Amort. Leasehold Improv. -15,564.32 -13,604.93 32882 CAMS Web 10,361.27 10,361.27 32886 Acc.Amort Website -10,361.27 -10,361.27 Total 32800 Fixed Assets 20,693.46 32,156.08


Total As of Oct 31, 2019 As of Oct 31, 2018 (PY)

Total Property, plant and equipment 20,693.46 32,156.08 Total Non Current Assets 20,693.46 32,156.08

Total Assets $2,093,729.07 $1,834,326.11

LIABILITIES AND EQUITY Liabilities

Current Liabilities Accounts Payable (A/P)

42330 Accounts Payable 5,176.62 12,163.60 Total Accounts Payable (A/P) 5,176.62 12,163.60

Credit Card Scotiavisa 556.04 0.00 Total Credit Card 556.04 0.00

42370 GST/HST Payable -3,159.64 -3,216.90 42390 Accrued Liabilities 0.00 144.34 42400 Other Liabilites

42498 Social Fund 973.44 1,528.79 Total 42400 Other Liabilites 973.44 1,528.79

42510 Payroll Liabilities 39,697.54 23,644.26 42510a RRSP and Benefits Accrual -903.33 -1,076.75 42800 Deferred 0.00 0.00

2000D Deferred Donations 0.00 0.00 42846 Deferred Donations iCare 18,403.23 13,722.99 42846E Endowment 137,778.51 63,778.47 42846x SCA-Acute Care Project 6,199.94 6,485.39 Total 2000D Deferred Donations 162,381.68 83,986.85

2000e Deferred Contributions 0.00 401.00 42856a Deferred Rev.-New Horizon Grant 1,722.82 3,645.00 42856g Deferred Contributions LHIN 2016 Servers 13,903.36 23,943.41 Total 2000e Deferred Contributions 15,626.18 27,989.41

2000G Deferred Grants 0.00 0.00 42856c Def Rev-City of Tor CSP Grant 10,136.45 9,992.50 42866 Deferred Grant 4,804.73 2,904.73 Total 2000G Deferred Grants 14,941.18 12,897.23

42840b Deferred- Training Income 1,300.00 2,328.00 42846a Deferred Program Fees 24,282.00 13,978.68

42846a1 Deferred Program waivers -7,824.67 -4,771.32 Total 42846a Deferred Program Fees 16,457.33 9,207.36

Total 42800 Deferred 210,706.37 136,408.85 GST/HST Suspense 0.00 -127.17 Payroll Exp. Clearing 37,252.44 0.00 Total Current Liabilities 290,299.48 169,469.02

Total Liabilities 290,299.48 169,469.02 Equity

62140 Aphaisa Impact Fund 180,000.00 170,000.00 62150 Aphasia Research and Educational Endowment Fund 1,181,288.83 1,127,337.14 62200d Invested in Capital Assets 9,184.43 13,778.43 62200 General Fund 335,126.81 199,133.39


Total As of Oct 31, 2019 As of Oct 31, 2018 (PY)

Profit for the year 97,829.52 154,608.13 Total Equity 1,803,429.59 1,664,857.09

Total Liabilities and Equity $2,093,729.07 $1,834,326.11


1 Budget vs. Actuals for fiscal year April - October, 2019

Total Actual Budget over Budget INCOME

11006 Funding LHIN 545,734 545,731 3 11006b AAH - One Time (82911 LHIN) 233,335 233,333 2 11030 HRDC Grant 8,554 2,757 5,797 11040 City of Toronto (CSG Grant) 13,684 12,775 909 11090 Program Fees 31,708 36,925 -5,217 14070 Other Donation 118,159 99,323 18,836 16010 Investment Income 28,368 16,220 12,148 19000 OTHER REVENUE 120,560 83,731 36,829 Total Income 1,100,102 1,030,795 69,307

GROSS PROFIT 1,100,102 1,030,795 69,307 EXPENSES

3****0 Salaries & Wages 542,073 544,139 -2,065 31*** Benefits 72,469 75,580 -3,111 4**** Supplies 67,931 53,287 14,644 6**** Sundry 121,171 130,761 -9,590 7**** Equipment 20,642 31,430 -10,788 75000 Amortization Exp 6,070 5,683 387 82555 Contracted Out Services 402 2,917 -2,515 9**** Building & Grounds 171,514 171,251 264 Total Expenses 1,002,272 1,015,047 -12,774

NET OPERATING INCOME 97,830 15,748 82,081 NET INCOME $97,830 $15,748 $82,081

Documents

AGENDA - aphasia.ca · submission to the LHIN Update on Endowment Report The semi-annual report was included in the Board package. Silvia briefed the Board on the results. The return