2016 Canada Branch Finances - If Canada is a Bellwether?
Canada Branch Finances have been posted.
The link is here: https://docs.zoho.com/file/281y636f334e3f1c746b1b450c1855eed07e6
If Canada is a bellwether, then the begging / extorting is paying off, as is the reduction in printing.
Assets (cash) has risen for the first time since 2011.
Liabilities are steady.
Donations seems to be a mixed bag, with donations from individuals way up, and from the congregations down. Net result is a decline in revenue.
The single biggest major change is decline in "supplies," back down to 2013 levels. (Who knows what amount of supplies purchased are proper arms-length purchases, anyways?)
Donations to New York were pretty hefty.
All-in-all, a pretty good rebalancing in Canada, with a better bottom line for the first time since 2010 / 2011.