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Treasurer’s Report
$0
Revenue over expenditures
0%
of expenditures went to salaries, benefits, and contractor services
$0
Operating Reserve Fund

Despite the continued downward economic pressure felt in the not-for-profit space, I am pleased to note that SACE achieved an excess of earned revenue over expenditures of $131,000. The sustained success of the organization is at the hands of our incredible staff and volunteers, who continue to work tirelessly to provide our community with specialized, trauma informed services at no fee.   

The SACE team’s dedication to pursuing multiple avenues for fundraising as well as broadening of our services allowed us to increase our capacity to meet the significant ongoing need in our community. This year, we had a targeted campaign to support our move to Princeton Place. Our new, central location will enable us to better serve our community by placing us at a much more accessible spot in the heart of our city. Leadership’s focus on carefully managing expenses while lobbying various funding sources ensured that the successful move to our new location would not come at the expense of our existing clients.

Hannah Graham, CPA
Treasurer

Financial Report

The financial report summary shared here was prepared from financial statements audited by Grant Thornton LLP.  Complete financial statements, including the auditor’s report, may be obtained by contacting them directly at 780.423.8734.

SACE statement of operations
SACE statement of financial position
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