2019/20 FISCAL SNAPSHOT
Vernon Jubilee Hospital Founda�on SUMMARIZED STATEMENT OF OPERATIONS AND FUND BALANCES
Year ended March 31, 2020, with compara�ve informa�on for 2019, 2018, 2017 and 2016 2020
2019
2018
2017
2016
$3,120,097
$2,852,119
$2,960,253
$2,769,422
$2,061,475
(406,058)
(311,363)
(285,273)
(157,749)
(184,383)
$2,714,039
$2,540,756
$2,674,980
$2,611,673
1,877,092
Expense as % of Gross Revenue
13.01%
10.92%
9.64%
5.70%
8.94 %
Investment Income
95,549
67,122
43,949
$9,423
24,299
Net Revenue all sources
2,809,588
2,607,878
2,718,929
$2,621,096
1,901,391
Administra�on Expenses
(270,428)
(255,036)
(189,479)
(269,918)
(269,037)
9.63%
9.78%
6.97%
10.30%
14.15 %
$2,539,160
$2,352,842
$2,529,450
$2,351,178
$1,632,354
Opera�ng Funds
$1,577,608
$1,573,495
$1,257,891
$1,522,850
$241,902
Restricted Funds
2,774,703
1,673,023
3,077,470
1,356,424
1,332,714
Gross Fundraising Revenue Direct Fundraising Costs Net Fundraising Revenue
Administra�on as % of Net Revenue Excess of Revenue over Expenditures Fund Balances
Endowment Funds
42,892
42,633
42,399
$42,280
41,688
$4,395,203
$3,289,151
$4,377,760
$2,921,554
$1,616,304
2020
2019
2018
2017
2016
Total expenses
$676,486
$566,399
$474,752
$427,667
$453,419
Fundraising expenses
(406,058)
(311,363)
(285,273)
(157,749)
(184,383)
$270,428
$255,036
$189,479
$269,918
$269,037
Total Fund Balances ADMINISTRATIVE EXPENSES
51,381 emergency visits
370 beds available to residents in 5 IH North Okanagan long-term care facili�es
836 newborns