Guide Dog Users of Canada – 2018 Financial Statements (Members' Edition)

1. Notice to Readers

Enclosed are the financial statements for Guide Dog Users of Canada for the 2018 fiscal year ended December 31, 2018. Based on information provided by management, this report has been prepared as an HTML document formatted for easy reading with a screen reader, and is identical, except for the presentation and order of some line items, to the official financial statements which were:

Grant Thornton LLP has included the following disclaimer as part of the organization's financial statements:

We have not performed an audit or a review engagement in respect of these financial statements and, accordingly, we express no assurance thereon. Readers are cautioned that these statements may not be appropriate for their purposes.

A copy of the official financial statements, in portable document format (pdf), can be obtained by emailing treasurer@gduc.ca.

Guide Dog Users of Canada reports its revenue and expenditures across three operating funds:

There are eight parts to these financial statements:

  1. This Notice to Readers;
  2. Statement of Financial Position (or balance sheet), showing the organization's assets (what it owns) and liabilities (what it owes);
  3. Statement of Changes in Net Assets;
  4. Statement of Revenues and Expenditures;
  5. Statement of Operations – General;
  6. Statement of Operations – Wellness;
  7. Statement of Operations – Mary Spice; and
  8. Notes to the Financial statements.

Respectfully submitted
Greg Thompson
Bookkeeper
Guide Dog Users of Canada
November 15, 2019

2. Statement of Financial Position
December 31, 2018

Assets

Current

Liabilities and Net Assets

Current

Net Assets

3. Statement of Changes in Net Assets

Year Ended December 31, 2018

4. Statement of Revenues and Expenditures

Year Ended December 31, 2018

Income
Expenses

5. Statement of Operations – General

Year Ended December 31, 2018

Income
Expenses

6. Statement of Operations – Wellness

Year Ended December 31, 2018

Income
Expenses

7. Statement of Operations – Mary Spice

Year Ended December 31, 2018

Income
Expenses

Notes to the Financial Statements

Note 1

The Corporation received its Articles of Continuance (Transition) to the Canada Not-For-Profit Corporations Act on October 7, 2014, with the following charitable purpose:

Guide Dog Users of Canada provides a forum for those wishing to give or receive peer support; educates the public about the abilities of guide dogs, and the rights of those partnered with guide dogs; promotes the high standards and integrity of guide dog training; and assists with individual or systemic advocacy whenever necessary. Additionally, Guide Dog Users of Canada maintains a Wellness Fund in order to assist those individuals in financial need, partnered with guide dogs, with veterinary expenses that are not routine. Applicants must meet specified requirements at the time of application.

The head office is currently situated in Windsor, Ontario. The Corporation is not subject to income taxes.

Note 2

A dash (-) in place of a number signifies:

Note 3

As of December 31, 2018, Accounts receivable was made up of:

Note 4

As of December 31, 2018, Accounts payable & accrued liabilities was made up of:

Note 5

Prepaid expenses includes the prepayment of the following for 2019:

Note 6

Deferred income is funds that the Corporation has received, but has not yet earned:

Note 7

Life memberships is made up of: