Financials

Management Review of Financials

Fiscal year 2015-2016 was another solid year for the Nature Conservancy of Canada (NCC). Revenue increased by 31 percent compared to last year, reaching $90.3 million; however. this was largely caused by the timing of certain property acquisitions, and is in line with expectations. The difference between years is largely attributable to an increase in donated land. NCC’s business cycle, especially when we are acquiring large tracts of conservation land, frequently spans more than one year. 

Revenues

Amounts spent on stewardship of our conservation properties, and on our science program, also grew by 12 and 11 percent, respectively. Our spending on support services (fundraising, communications and general operations) grew by only five percent.

Expenses

At the end of the year, we had a $314K net surplus, after transfers to reserves and our endowment. We have a healthy endowment fund totalling just over $100 million, which is important to ensure that we have the resources to live up to our commitments to steward our conservation land in the years going forward.

NCC is substantially debt free and there are no significant commitments or contingencies that would hinder our ability to fulfil our mission.

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