Cancer DriveLine Financials
Fiscal Year 2022/23
| Revenue | Amount |
| Donated Volunteer Mileage | 31,733 |
| Donations – Receipted | 26,728 |
| Donations – Non-receipted | 8,470 |
| Interest Income | 4,610 |
| Total | 71,541 |
Notes about Revenue:
The financial statements by McAvoy Rule & Company (MRC) summarize all receipted donations into one line. We have separated it into two lines, Donations – Receipted and Donated Volunteer Mileage, to show that more than one-half of the volunteer mileage expense was donated back to the Society by volunteers.
Non-receipted donations include donations received from the United Way or the Provincial Employees Community Services Fund, or which were donated via Canada Helps or Canada Online Giving. Those organizations issue income tax receipts to donors and therefore the Society does not need to.
| Expenses | Amount |
| Program Costs – Mileage | 57,206 |
| Dispatch System | 2,701 |
| Accounting & Legal | 2,740 |
| Advertising | 3,538 |
| Rent | 2,326 |
| Business Dues & Fees | 1,520 |
| Insurance | 1,480 |
| Office | 518 |
| Telephone & Utilities | 795 |
| Bank Charges & Interest | 576 |
| Fund-raising | 630 |
| Total | 74,030 |
Notes about Expenses:
The financial statements by MRC summarize the mileage costs incurred by volunteers and the subscription cost of our dispatch system into one line: Program Costs. We have separated Program Costs into two lines to identify the mileage costs. Volunteers drove over 93,000 kilometers during fiscal year 2022/23 and were reimbursed at a rate of $0.53/kilometer in calendar 2022 and $0.62/kilometer in calendar 2023.
Accounting & Legal includes $2,500 for a financial review by MRC, of which $1,250 was donated by MRC as a gift-in-kind.
Fund-raising accounts for less than of 1% of expenses. Fund raising activities include soliciting large organizations for cash or gift-in-kind donations and sending requests for donations by mail to new clients. Fund-raising expenses are limited to the costs of brochures, stamps, and envelopes.