Financials

Management review of financials

This year, the Board of Directors adopted a new strategic plan, titled “Conservation for Canadians,” which covers the period of 2016–2021. Fiscal year 2016-2017 was a building year, as the organization aligns to this plan while also continuing to deliver on conservation outcomes important to our supporters and donors.

Revenues

Overall revenue came in at $76.9 million, with 79 per cent of that revenue invested directly in core program areas of land securement, stewardship and science over the last five years.

NCC continues to execute on strategic investments made in the development and marketing area to increase fundraising capacity, in terms of both staff investments and increased access to technology and training. This investment will allow us to engage more donors and conservation partners, with an ultimate goal of increased financial support to the organization.

Expenses

At the end of the year, NCC posted  an operating deficit of $1.1 million after transfers to reserves and endowments. The land stewardship endowment fund stands at $116.3 million, representing 17 per cent of the overall value of the NCC land portfolio and a testament to NCC’s financial commitment to managing these lands for the long term.

NCC continues to maintain a healthy balance sheet, with no long-term debt and only bridge financing and trade payables in amounts owing and otherwise prudent reserves.

 

Download PDF of Financials