the gideons international in canada Sharing the Word with the World 2013/14 impact report

Transcription

1 the gideons international in canada Sharing the Word with the World 2013/14 impact report 1

2 ZAMBIA CHILE BRAZIL VANUATU 2,577,599 printed Bibles, New Testaments, and Scripture portions shared in 21 nations on 5 continents 13,126 digital Scriptures downloaded in 132 countries 2

3 CHINA ZAMBIA BRAZIL RUSSIA nations touched: /14 3-years $1,126,482 Raised by Gideon members at Special Events 24% increase in domestic distribution 3

4 ZAMBIA 2013 The mission of The Gideons International In Canada is to communicate the gospel of Jesus Christ through personal evangelism and Scripture distribution, in Canada and worldwide, so that people may receive eternal life. 4

5 Strategic impact Friends, It s been another exciting year of ministry as an organization, all of it for God s glory. What a unique opportunity we have to share the gospel with the world in creative, engaging ways changing lives in the process! Our emerging ministry in China is something you will continue to hear about in the coming years. We ve only just begun and the need for God s Word in that country is endless. In order to see the unique opportunities first-hand, I will be visiting China in 2014 and look forward to meeting church leaders and pastors we are supporting with thousands of Bibles. This year we once again sent teams to countries around the world, including Zambia, Chile, Colombia and Russia. We were also engaged in Brazil in an unprecedented way: by faith we committed to printing over 1 million copies of a bilingual Gospel of John. This was in support of hundreds of churches and thousands of Christians in their dream of evangelizing Brazil in the weeks leading up to the 2014 FIFA World Cup. Thanks to our donors, we were able to fulfill that commitment, and in addition, sent 42 Gideons to Brazil to help share the gospel in 12 cities. Our fiscal year also witnessed the increasing growth of the NewLife smartphone app. By the end of 2013/14, the NewLife app was available in eight languages on three smartphone platforms making it available to 2.3 billion people around the world! God s Word was shared in new ways again this year. The new Redemption Scripture magazine offered the Gospel of John and excerpts from the book of Romans in a visual way to prisoners and others in rehabilitation and correctional facilities. The Hope magazine was released in French (as Espoire) and we printed a special edition of our Gospel of John for YC youth events happening in Canada. What s ahead in the coming year? The launch of the Global Church Partnership Plan A national campaign for Canada called Love it. Live it. Share it. that engages the church in community evangelism An increased commitment to China New updates of the app in more of the most spoken languages of the world The introduction of a seasonal Scripture magazine called Light Some new ways of communicating with donors and supporters A redesigned website to help us in recruitment, fundraising and communicating the cause There has never been a better, more exciting time to be a Canadian Gideon than today. We re thankful to God for giving us these amazing opportunities to impact lives and share the gospel! Yours in Christ, DeWayne Fliss Board Chair 5

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7 The Year of china How appropriate that at the end of our first year of ministry in Communist China, the NewLife app would be released in Chinese. Now over 1.3 billion people would have access to a digital tool to guide them to the gospel message of Jesus Christ. Head and shoulders above any other development in the 2013/14 fiscal year for The Gideons International In Canada was the beginning of its relationship with the church in China. Following an invitation from Go With God (GWG) to explore a ministry partnership, a small team from Head Office flew to China on June 1, 2013 to see first-hand what this opportunity looked like. It became immediately clear that a unique door had been opened to The Gideons, one that connected this Canadian ministry to a massive church body eager for Bibles and gospel teaching. Through its partnership with GWG, The Gideons International In Canada would be able to help the Chinese church grow, develop a working relationship with the China Christian Council, and explore other unique ways to share the gospel in a complex and highly controlled nation. After that initial trip, four more distribution campaigns occurred over the next 12 months. 75 churches were visited, from mega churches to house churches The gospel was openly preached in each church Over 78,000 Bibles were shared More than 1,300 people made public commitments for Christ A seminar on Christian business principles engaged over 30 Chinese business owners Recognizing the need for onsite support, we opened an office in Beijing where a Chinese national will work for us as a full-time staff member. His role will go beyond translation to include trip planning, relationship building with pastors, and project development. More campaigns to China are already scheduled for the 2014/15 fiscal year, which will include participation from board members and their spouses. These experiences in the complex and ancient nation of China will serve to enhance our association s commitment to supporting the burgeoning church in evangelism and growth. 7

8 And he told them, Go into all the world and preach the Good News to everyone. Mark 16:15 NLT The one thing Since 1911, we ve been doing the same thing with no apologies. Year after year, Gideon members have been focused on one singular goal: Sharing the gospel with copies of God s Word. The methods have evolved, the language has changed, the Scripture covers and versions have changed. But the core motivation, the central theme, the overriding ambition this has never changed in the history of the association. It s what makes us unique in the ministry world: we evangelize with Scriptures. We share the Good News of Jesus Christ with Bibles, New Testaments and Scripture portions. Members have access to free copies of God s Word which they pass along to someone else while sharing the gospel message whenever and wherever they can. How we do that one thing will shift and change over time like the picture above. But as long as we remember why we do what we do, we ll never stray from doing what God has called us to do. 8

9 nations touched: /14 3 years Total Scriptures Shipped: 2,590,725 (including app downloads) Global Snapshot canadian churches The Testament Insert Program (TIP) is a partnership tool whereby Gideons help churches reach their communities with God s Word ,309 Number of TIP distributions in 2013/14 TIP Scriptures shared across Canada International impact One on One Group Decisions Decisions Vanuatu 10,300 Zambia 3,629 16,795 Chile & Colombia 6,387 12,034 China (four trips) 1,303 Russia Mexico 65 1,500 Brazil 5,956 21,531 27,700 52,560 In 2013/14, The Gideons International In Canada sent Gideon teams to eight countries to share copies of God s Word and the Good News of the Gospel. On each trip volunteers worked side by side with local church members to distribute Scriptures, and invite as many people as possible into a relationship with Christ. Wherever possible, new believers were asked to fill out a card, like the ones pictured here, so that the church could follow up with them and invite them into a church family. 9

10 Mobilizing for Impact Mobilizing members, church partners and everyday believers to share God s Word and the Gospel message is another way The Gideons International In Canada is making an impact on the world. In 2013/14, 143 Canadians volunteered to travel overseas for the purpose of evangelism and Scripture distribution. That total is eclipsed by the number of volunteers in the receiving nations. Hundreds of church volunteers spent long days with the Canadians to reach their communities for Christ. Allana Translator in Fortaleza, Brazil It was really good to have the Canadian team here today because before they came we were a little bit afraid to go to the streets and evangelize. We thought people were going to be hard, but when I was with my group, it just seemed so easy to talk to people. They were so open to receive. We thought, Oh my goodness, we should have been doing this a long time ago! Canadian Volunteers Vanuatu 8 Zambia 19 Chile/Colombia 40 China 12 Russia 9 Mexico 13 Brazil :1 average ratio of in-country church volunteers to Canadian volunteers 10

11 300 new members for 2013/14 56 Average age of new members for 2013/14 30 % increase in giving by Members in 2013/14 $1,126,482 Funds raised at over 150 Events in 2013/14 Joining the cause The ministry is continuing to attract men and women of all ages to the cause. Canadians under 40 years old made up just under 20% of new members this year; the new recruits ages spanned 19 to 88. Members are the arms and legs of the ministry, distributing Scriptures to institutions and giving them out to individuals. They re also the voice of the ministry, sharing the gospel wherever they are, and key fundraisers coast-to-coast. However, in a world that has rapidly altered how people interact with causes of all kinds, the Gideon ministry is continuing to re-shape its membership model. Finding relevant and impactful ways for new members to connect and work together is a priority for future growth. Erika Cardenas - In looking for Bibles online, I found The Gideons. They told me sharing the Word and bringing people hope is exactly what they do, not just locally all around the world. I was like, Wow...this is for me, I love this ministry. AARON CROSS - In Regina we have so many immigrants whom I interact with daily. To hand them a Bible which they ve never had before gives me great joy! To explain how it s the Word of God and how to get into heaven thrills me! 4 % 3,771 total membership at the end of 2013/14 15 % 16 % 9 % 7 % 29 % 10 % 10 % NB/NS/PEI 11

12 the redemption Scripture magazine was published this year with two gender-oriented covers. Featuring selected passages from the book of Romans, and the complete Gospel of John, this magazine was designed specifically for prisons and other rehabilitation and correctional facilities. French edition releasing Fall The Hope magazine continued to impact lives across Canada in places of crisis and many other places. The magazine was translated into Russian and shared by our Canadian team during the February distribution in Russia. It continues to be used by our partner Russian Ministries in their evangelism. Redemption MAGAZINES 27,474 shipped in 2013/14 59, ,335 HOPE/espoir MAGAZINES shipped in 2013/14 HOPE/espoir MAGAZINES lifetime distribution I m an inmate serving a sentence here in Milton s Centre for Women and a girl in my Bible Study program gave me a copy of your Redemption magazine. Wow! Thank you so much for the beautiful wonderful articles. I can t seem to put it down. I m so sorry I can t make a donation to your organization but I need you to know your magazine touched my heart and brought light to a very low, dark time in my life. From the bottom of my heart... JENNIFER C. 12

13 Tools for ministry Usage and adoption of the NewLife app continued to grow by leaps and bounds in the 2013/14 fiscal year. The app was downloaded 13,126 times and added 86 new countries to the total. It was introduced into 6 new languages and onto one new platform, BlackBerry. A total of 751 Canadian churches registered with The Gideons to be included in the app s Find a Church feature. Over 1,500 Russian churches were added prior to the distribution in February. Since Dec 19/12: 18,364 Languages 8 Global downloads 146 Countries downloaded In-app Platforms 3 33 commitments The Gideons strategy to reach the world with the gospel includes offering the NewLife app in the world s most spoken languages. By the end of 2014/15, the app is scheduled to be available in the world s top 12 languages and more. top 10 First Languages in Canada English 19 million French 7 million Mandarin/Cantonese 621,000 Punjabi 431,000 Spanish 411,000 German 409,000 Italian 407,000 Arabic 328,000 Tagalog 327,000 Portuguese 211,000 global first languages Included in NewLife app Mandarin/Cantonese 1 billion Spanish 405 million English 360 million Portuguese 215 million Russian 155 million French 74 million Italian 59 million Thai 56 million scheduled for 2014/15 Hindi 310 million Arabic 295 million Bengali 205 million Javanese/Indonesian 159 million Japanese 125 million Punjabi 102 million German 89 million Vietnamese 76 million Tamil 70 million Urdu 66 million Tagalog 28 million Creole 9.6 million Commitments to Christ have come through the app from Brazil, Chile, China, Curacao, Russia, South Africa, the UK, USA and Canada. I ve been using this app over the past week and it has helped me to strengthen my relationship with God, and be a good witness to others. This has truly been a blessing and I have been sharing it with my friends so they too will know! Robyn Thank you for making this app available. God Bless your team real good. Lagos, Nigeria 13

14 he said, we all know that God has sent you to teach us. Your miraculou truth, unless you are born again,[a] you cannot see the Kingdom of God. 4 back into his mother s womb and be born again? 5 Jesus replied, I assu and the Spirit.[b] 6 Humans can reproduce only human life, but the Ho say, You[d] must be born again. 8 The wind blows wherever it wants. it is going, so you can t explain how people are born of the Spirit. 9 Ho UK a respected Jewish teacher, and yet you don t understand these things? 11 I canada ,028 believe our testimony. 12 But if you don t believe me when I tell you ab enly things? 13 No one has ever gone to heaven and returned. But the Son bronze snake on a pole in USA the wilderness, so the Son of Man must be lifte 2,081 For God loved the world so much that he gave his one and only Son, so th God sent his Son into the world not to judge the world, but to save the wor him. But anyone who does not believe in him has already been judged fo mexico on this fact: God s 151light came into the world, but people loved the darknes the light and refuse to go colombia near it for fear their sins will be exposed. ghana: 21 86But 105 doing what God wants.[g] 22 Then Jesus and his disciples left Jerusalem nigeria brazil 440 there, baptizing people.23 At this time John 272 the Baptist was baptizing a kept coming NewLife to downloads him for baptism. 24 (This was before John was thrown i (lifetime up to May 31, 2014) chile: 81 Jew[h] over ceremonial cleansing. 26 So John s disciples came to him a the one you identified as the Messiah, is also baptizing people. And every can receive anything Legend unless God gives it from heaven. 28 You yourselves k prepare the way for him. 29 It is the bridegroom who marries the bride with Gideon members Therefore, I am filled with joy at his success. 30 He must become greater 14 18,364 Download Blue: 100+ Red: Orange: 1-9 Green: none In-country distribution campaigns

15 s signs are evidence that God is with you. 3 Jesus replied, I tell you the What do you mean? exclaimed Nicodemus. How can an old man go re you, no one can enter the Kingdom of God without being born of water ly Spirit gives birth to spiritual life.[c] 7 So don t be surprised when I Just as you can hear the wind but can t tell where it comes from or where russia w are these things possible? Nicodemus 472 asked. 10 Jesus replied, You are assure you, we tell you what we know and have seen, and yet you won t out earthly things, how can you possibly believe if I tell you about heavof Man[e] has come down from heaven. 14 And as Moses lifted up the d up, 15 so that everyone who believes in him will have eternal life.[f] 16 china 76 at everyone who believes in him will not perish but have eternal life. 17 ld through him. 18 There is no judgment against anyone who believes in india 187 r not believing in God s one and only Son. 19 And the judgment is based philippines 380 s more than the light, for their actions were evil. 20 All who do evil hate those who do what is right come to the light so others can see that they are and went into Zambia: the Judean 44 countryside. Jesus spent some time with them t Aenon, near Salim, because there was plenty of water there; and people nto prison.) 25 A debate broke out between John s australia disciples and a certain 111 nd said, Rabbi, the man you met on the other side of the Jordan River, south africa body 198 is going to him instead of coming to us. 27 John replied, No one Message received through the app: I thank the Lord for His forgiveness, and although I wished I had found Him sooner and realised that He is what I had been searching for to fill my empty heart, I am grateful to follow him, as He saved me in my darkest hour. Sharing God s word now how plainly I told you, I am not the Messiah. I am only here to, and the best man is simply glad to stand with him and hear his vows. and greater, and I must become less and less.31 He has come from above 15

16 Equipping our youth How do you connect the gospel message to youth in today s cultural environment? Equip Christian students to reach their peers with free Scriptures from SendMe. The model is simple: register online, order free copies of the Gospel of John, download the NewLife app to your smart phone, and engage your friends with the Good News. With the right investment in relationship building and engaging young people with the cause, SendMe has the potential to change young people around the world. A staff member dedicates a portion of her week for communication with churches, young people, and ministries like YC who invite SendMe to participate. Gospels Ordered 16,343 In my community, I found that most of the people in my school did not have access to a Bible. I really felt the Spirit driving me to take action. Through The Gideons SendMe program, I received free Gospels of John to give out. It meant so much to most of the students in my school to see that somebody cared enough about them to share their faith and a part of the Bible. brandon roberts, Newfoundland 5, / / ,671 4,350 Registered youth Registered churches SendMe blog subscribers App cards ordered 16

17 Engaging the cause social media Followers on The Gideons Facebook site more than quadrupled over the past year. More importantly, the reach of our postings vastly expanded, which means the cause of the gospel was exposed to more and more people. May ,361 likes 21,255 weekly high reach 213 weekly high talking May ,693 likes 34,000 in one day weekly high reach 797 weekly high talking As a Facebook user, I am happy The Gideons have a Facebook account. I enjoy reading the updates and looking at the pictures posted. Often I will share the post with my friends so they, too, can follow the ministry. I can be aware of a distribution taking place somewhere in the world and I appreciate the timely updates that are posted while the distribution s in progress. Eleanor Thompson Cards for the cause Originally conceived in 1948, today s Gideon Expressions card program has matured and grown to become a major source of funds for The Gideons. The program was relaunched in 2013/14 with new racks and cards as well as an expanded distribution model to churches. Each of the 1,180 racks shipped out last year contains 72 cards. The historical average of $30/card means a potential revenue of $2.5 million. In recognition of Gideon member Roy Spaetzel, the originator of this giving concept, The Spaetzel Corporation donated $250,000 to the Gideon Expressions program. 128,000 66% in card racks Cards sent out 28% to donors 6% to events 1,180 New card racks shipped out 17

18 18 Engaging a Nation

19 russia In a country like Russia, hope is a difficult thing to find. That s why The Gideons has joined forces with Russian Ministries to form a long-term partnership with one goal: to share the gospel in Eastern Europe. Following a successful fundraising campaign through Gideon Fall Banquets in 2013, thousands of Scriptures in a wide variety of formats were printed for evangelism, as well as translating the NewLife app into Russian: 100,000 bilingual New Testaments 100,000 Russian Hope magazines 25,000 complete Russian Bibles In February 2014, during the Sochi Winter Olympics, a Canadian team flew to Russia to begin a two-week evangelism campaign. From Southern Caucasus up to the city of Moscow, the team engaged with people young and old to share the gospel. $443,141 in funds raised for this campaign 225,000 scriptures printed 36 downloads of NewLife in Russia during campaign Key to impacting change in Russia and other former Soviet republics is equipping young Christians who have a passion to change their nation for Christ. The Gideon team benefitted from the enthusiasm and translation skills of some of the students from Russian Ministry s School Without Walls, a leadership and Bible training program to empower the next generation to lead their nation to Christ. Nina wandered the streets of Vorontsov, Russia, feeling very alone. It was February 15th, the 25th anniversary of the day when Russian troops had finally pulled their troops out of Afghanistan. Nina had lost her son in that war, so for her it was a significant day. Taking her regular afternoon walk, Nina encountered something unexpected: foreigners came walking towards her. They were Canadian Gideons. Nina received the Hope magazine. How did you find me? Nina asked, I need hope, I am all alone. Especially today. God found you. In fact God is with you, the Canadians replied. And He loves you very much. Nina was lifted from her sorrow, and found new hope in Christ Jesus that day. 19

20 Engaging a Nation A Brazilian student is transfixed by the story of a Christian athlete. Each of the one million Portuguese/English Gospels of John included several testimonies of well-known Brazilian soccer players. Through these stories, the attention of people young and old was captured long enough to understand that these booklets included a powerful story of God s Son and His sacrificial act of grace and love. 20

21 brazil How do you begin to touch a nation of 200 million people with the gospel message? You come alongside a network of hundreds of churches and support them in reaching their fellow countrymen. While one million copies of the Gospel of John was the largest order of Scriptures we d ever placed, in Brazil those bilingual booklets quickly vanished. Walking side by side with Brazilians from all evangelical denominations, our team of 42 Gideons shared the gospel with people of all ages and from all walks of life. We will never hear all the stories of lives transformed by the copies of God s Word shared in Brazil, but based on the sampling we have, we believe this is just the beginning of the partnership with the Church in that beautiful nation. $607,650 in funds raised for this campaign 1,020,005 COPIES of the GOSPEL OF JOHN 324 downloads of NewLife in Brazil during campaign With murder on his heart and a large knife in his pocket, Marcus was intent on murdering someone who had insulted him. God arranged for him to find a friend in a bar with a Gospel of John shared by someone on our team. He began to read it and something changed in him. I read this book, and I changed my mind, I m not going to kill my friend. We met Kelly in her classroom at school. Her smile was not always this big. But after receiving Jesus, a joy filled her heart and her smile lit up the room. Later in the day we were walking the streets sharing the gospel and noticed Kelly with her mom. Kelly wanted us to share with her mom, too, and give her a Gospel of John. But that wasn t all. Kelly wanted another Gospel of John for her brother who was in prison. She wanted us to write him a note on the inside explaining this Good News so that he too could receive Jesus. At 81 years of age, Marie found Jesus. She finally heard the Good News about His love. Marie heard the gospel while sitting outside her house in Brazil. A Canadian from our mission team shared with her and equipped her with God s Word. 21

22 Strength to strength... that s the way The Gideons describes the overarching purpose of its strategic partnerships with other Canadian ministries. Impactful partnerships By combining our collective efforts, more Scriptures can be supplied to more people, and thus have a greater global impact for Christ. Good Hope Ministries Development Communication Association All of the teaching we do in Malawi begins with the foundation of God s Word. Since we began our partnership with The Gideons, we ve given the Tumbuka people 32,000 Bibles. Not only do we teach from it, but the people now have copies of their own to read. When we give out Bibles, we can almost start a war when we don t have enough. We learned to use a system of handing out tickets at the beginning of the day so that we would have the exact amount of Bibles. Many were in disbelief that they could have their own copy. Anna Ebert, Good Hope Ministries (pictured above) 22

23 Looking forward global church partnership plan The coming year will feature the launch of a new partnership model between The Gideons and local Canadian churches. Formed to support Bible-starved churches around the world, the GCPP will also equip Canadian churches with Scriptures for existing or desired evangelism programs. By including The Gideons in their missions budget for a minimum of $100/month, Canadian churches will strengthen their own community outreach and impact the global church family at the same time. global impact The 2014/15 year of ministry will see Canadian Gideons sharing God s Word face to face in China, Vietnam, Haiti and Russia and more! Partnerships will continue to introduce our ministry to new places, and NewLife will continue to plant seeds all over the world. it Love Live Share canadian impact This fiscal year will see the beginning of a 2-year campaign to be intentional in reaching urban Canada for Christ. From coast to coast, The Gideons will be partnering with churches as they reach their communities with the gospel, supported by Gideon-supplied Scriptures. 23

24 Sharing God s Word Scriptures Shipped and Downloaded in Canada Comparative Years 2011/12 June 1/11 - May 31/ /13 June 1/12 - May 31/ /14 June 1/13 - May 31/14 Bibles 137,065 31,284 30,739 Testaments Large Print 23,591 20,626 16,109 Medical 6,721 7,600 6,537 Youth 163, , ,494 Personal Worker 13,071 9,351 11,797 Public Ministry 152, , ,052 Bilingual 40,590 1,660 7,370 Foreign Language 13,014 11,001 12,802 Service/RCMP 4,501 7,590 6,977 Gospel Of John/ Scripture Portions 0 88, ,639 Print Domestic 555, , ,516 Bible Downloads 0 3,989 8,091 total Domestic 555, , , , , ,516 Bible Downloads 1% Scripture Portions 40% Full Bibles 5% Large Print NTs 2% Medical NTs 1% Personal Worker NTs - 2% Youth NTs 19% Public Ministry NTs 26% 2011/ / /14 Printed Scriptures Shipped in Canada Service NTs 1% Foreign Language NTs - 2% Bilingual NTs 1% Percentage of Total Scriptures by Type 24

25 Scriptures Shipped and Downloaded internationally Comparative Years 2011/12 June 1/12 - May 31/ /13 June 1/12 - May 31/ /14 June 1/13 - May 31/14 Scriptures (Print) 794, ,655 1,940,083 Bible Downloads 0 1,249 5,035 total international 794, ,904 1,945,118 2,590,725 Scriptures Shipped and Downloaded total 1,349,209 1,091, / / /14 Vanuatu Scriptures Shipped for Gideon Team Campaigns 1,587,158 Zambia Chile/ Colombia Vanuatu 10,929 Zambia 130,000 Chile/Colombia 113,940 Russia 225,000 Mexico 9,240 China 78,044 Brazil 1,020,005 Brazil Russia China Mexico 25

26 Auditor s Report The Audit Committee and National Cabinet review and approve the annual financial statements. In addition, the Audit Committee meets with financial officers of The Gideons International In Canada and the external auditors, and reports to National Cabinet thereon. The Audit Committee and National Cabinet also review the annual report in its entirety. One item to note is that we deferred approximately $326,000 worth of restricted donations received toward international campaigns that will occur in the subsequent fiscal year. These donations will hit revenue in the financial year, and thus be matched to their corresponding expenditures. Kevin Cawthra CA CPA VP of Business & Finance STATEMENT OF OPERATIONS AND FUND BALANCES YEAR ENDED MAY 31, 2014 Operating Designated Fund Fund $ $ $ $ Revenue (page 11) Gideon donations 1,609,440 1,609,440 1,471,919 Non-member donations 4,117,321 4,117,321 4,335,847 Bequests and major gifts 1,220,726 1,220, ,120 Camp fund donations 664, , ,611 Other income 5, ,173 3,447 7,617, ,618,198 7,346,944 Expenses (page 12) Scripture purchases and placement 6,002,698 5,344 6,008,042 4,467,814 Services to members 1,930,672 1,930,672 1,521,449 Camp fund expenses 657, , ,923 8,591,215 5,344 8,596,559 6,564,186 Excess (deficiency) of revenue over expenses for year ( 973,228 ) ( 5,133 ) ( 978,361) 782,758 Fund balances, beginning of year 2,343,696 41,575 2,385,271 1,602,513 Fund balances, end of year 1,370,468 36,442 1,406,910 2,385,271 26

27 STATEMENT OF FINANCIAL POSITION MAY 31, 2014 Operating Designated Fund Fund $ $ $ $ ASSETS Cash 565, ,947 1,035,970 Accounts receivable 128, , ,994 Inventory (note 3) 332, , ,242 Prepaid expenses 590, , ,078 Current assets 1,617,141 1,617,141 1,860,284 Investments (note 4) 38,016 36,442 74,458 76,038 Life insurance - cash surrender value 53,069 53,069 48,349 Capital assets (note 5) 606, , ,663 2,314,617 36,442 2,351,059 2,708,334 LIABILITIES Accounts payable and accrued liabilities (note 6) 590, , ,624 Deferred revenue 353, , , , , ,063 FUND BALANCES Unrestricted, Operating Fund 1,370,468 1,370,468 2,343,696 Restricted, Designated Fund 36,442 36,442 41,575 1,370,468 36,442 1,406,910 2,385,271 2,314,617 36,442 2,351,059 2,708,334 APPROVED BY THE BOARD: DeWayne Fliss, President Ron Magee, Treasurer 27

28 28 PO Box 3619 Guelph, Ontario N1H 7A2