Annual Report 2011 - Ontario March of Dimes

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18 Management Discussion & Analysis 2011-2012 financial Performance in 2011-12 ontario March of dimes experienced its largest single year reduction in revenue and expenses, dropping 12% from prior year. This was anticipated, due to the June, 2010 decision by the workplace safety and insurance board (wsib) of ontario to take its labour Market re-entry program in-house. Most of the decrease was in reimbursable expenses, related to the purchase of training and materials for wsib clients. The latter does not impact March of dimes' bottom line. however, due to loss of service revenue, the past year has been one of restructuring and aligning the employment services department to a changing volume and mix of work. The largest area of revenue growth was from government grants, which grew by 5% or $3.09 million. The majority of increased funds provided expansion of independent living services. fundraising revenue was higher than budget, although slightly lower than prior year actual. business revenues grew from $90,400 to $399,500 due to growth in consulting related to corporate compliance with the new standards of the accessibility for ontarians with disabilities act (aoda). in 2010-2011 ontario March of dimes changed its financial statements to increase transparency and comply with new accounting standards. in the revised format, 88.17% of expenditures in 2011-12 were on service delivery, 2.27% on fundraising, 9.10% on administration and amortization. however, $20.8 million or 24.3% of expenditures were for purchases of training and related materials for wsib clients, home and vehicle modification grants and the purchase and maintenance of assistive devices, for which no administration is charged. excluding these, the true cost of administration on the balance of program activity is 11.2%. March of dimes had an operating surplus for 2011-2012 of $252,519 or 3/10th of 1 % of total revenues. The surplus is transferred each year, by board policy, to support our stabilization reserve and our capital reserve, providing working capital and funds to maintain our owned headquarters and other properties. The financial statements in this annual report were recast post-audit to fully disclose administrative costs which were allocated in the audit version to each program. The audited statement format will be changed in 2013 to align with this revised format. The 2012 audited statements are available on our website or a hard copy can be provided upon request. Program Performance The chart on the following page compares the number of services delivered to consumers and hours of service delivered in each program as compared to the 2010-11 plan and the prior year actual. Both statistics are presented as the form and intensity of each service varies significantly and either statistic alone does not give a true picture of the service. For example, some services are delivered to groups and some to individuals, some are delivered by volunteers and some by front-line employees. Some are short and infrequent, such as provision of information, while others such as personal care, take more time and are delivered with greater frequency. Ontario March of Dimes — Annual Report 2011– 2012
Program independent living services 2010-2011 actual Management Discussion & Analysis Consumer services service hours 2011-2012 Plan 2011-2012 actual 2010-2011 actual 2011-2012 Plan 2011-2012 actual 3,736 3,000 3,530 1,998,970 1,700,000 1,829,495 employment services 12,608 9,000 13,121 315,808 180,000 295,550 accessability® services 8,220 9,000 7,220 86,300 85,000 76,287 recreation & integration services 11,322 10,600 2,760 75,768 88,000 116,722 Peer support services 26,500 28,500 26,000 125,000 130,000 115,000 Conductive education® services 350 450 410 9,700 17,000 14,802 ToTal 62,736 60,550 53,041 2,611,546 2,200,000 2,447,856 new March of dimes Canada ambassador sheila shah (seated, third from right) with staff, parents, family members and participants at the Conductive education holiday Party March of Dimes Jubilee 19
Page 1 and 2: MARCH OF DIMES CANADA ONTARIO MARCH
Page 3 and 4: Table of Contents Chair and Preside
Page 5 and 6: The 60th anniversary is traditional
Page 7 and 8: AccessAbility® Advantage, a partne
Page 9 and 10: leisure opportunities in other sett
Page 11 and 12: to provide hosted back-office servi
Page 13 and 14: we held rock for dimes band challen
Page 15 and 16: evenue 2012 2011 government grants
Page 17: 2. March of dimes will expand its c
Page 21 and 22: Performance Management and Compensa
Page 23 and 24: Celebrating at the brockville, onta
Page 25 and 26: CHArT oF rEsPonsiBiLiTY For ACTion
Page 27 and 28: Judge george ferguson award Awards
Page 29 and 30: Jonas salk CirCle of friends® The
Page 31 and 32: The Paul MarTin sr. soCieTy® (ConT
Page 33 and 34: husky farm equipment limited hydrop
Page 35 and 36: loCal healTh inTegraTion neTwork Ce

Annual Report 2011 - Ontario March of Dimes

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