0154rsd2
School Jurisdiction Code: 154
AUDITEDFINANCIAL STATEMENTS
FOR THE YEAR ENDED AUGUST 31, 2016[School Act, Sections 147(2)(a), 148, 151(1) and 276]
Legal Name of School Jurisdiction
Mailing Address
Telephone & Fax Numbers, and Email Address
SCHOOL JURISDICTION MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL REPORTING
The financial statements o
Board of Trustees Responsibility
External Auditors
Declaration of Management and Board Chair
c.c. ALBERTA EDUCATION, Financial Reporting & Accountability Branch8th Floor Commerce Place, 10155-102 Street, Edmonton AB T5J 4L5EMAIL: [email protected] AND [email protected]: Mei-Ling: (780) 415-8940; Robert: (780) 427-3855 FAX: (780) 422-6996
Ms. Brenda Nelson
of qualified personnel, an organizational structure that provides an appropriate division of responsibility and a strosystem of budgetary control
The ultimate responsibility for the financial statements lies with the Board of Trustees. The Board reviewed the audfinancial statements with management in detail and approved the financial statements for releas
The Board appoints external auditors to audit the financial statements and meets with the auditors to review their findinThe external auditors were given full access to school jurisdiction record
To the best of our knowledge and belief, these financial statements reflect, in all material respects, the financial positresults of operations and cash flows for the year in accordance with Canadian Public Sector Accounting Standar
BOARD CHAIR
"Original Signed"
school jurisdiction's transactions. The effectiveness of the control systems is supported by the selection and train
Mother Earth's Children's Charter School Society
RR1 Site 2 Box 42 Warburg, AB T0C 2T0
(780) 702-7531 (780) 848-2395 [email protected]
presented to Alberta Education have been prepared by school jurisdiction management which has responsibilitytheir preparation, integrity and objectivity. The financial statements, including notes, have been prepared in accordawith Canadian Public Sector Accounting Standards and follow format prescribed by Alberta Educatio
In fulfilling its reporting responsibilities, management has maintained internal control systems and procedures desigto provide reasonable assurance that the school jurisdiction's assets are safeguarded, that transactions are execuin accordance with appropriate authorization and that accounting records may be relied upon to properly reflect
Mother Earth's Children's Charter School Society
Board-approved Release Date
Signature
Signature
SignatureName
Name
Name
SUPERINTENDENT
Mr. Ed Wittchen
SECRETARY-TREASURER OR TREASURER
Ms. Anita LeMoignan
November 14, 2016
"Original Signed"
"Original Signed"
1
School Jurisdiction Code: 154
TABLE OF CONTENTS
Page
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8
9
11
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16
17
28
29
30
INDEPENDENT AUDITOR'S REPORT
NOTES TO THE FINANCIAL STATEMENTS
Schedule 3: SCHEDULE OF PROGRAM OPERATIONS
Schedule 2: SCHEDULE OF CAPITAL REVENUE
Schedule 1: SCHEDULE OF CHANGES IN ACCUMULATED SURPLUS
STATEMENT OF REMEASUREMENT GAINS AND LOSSES
STATEMENT OF CASH FLOWS
STATEMENT OF OPERATIONS
STATEMENT OF FINANCIAL POSITION
Schedule 4: SCHEDULE OF PLANT OPERATIONS AND MAINTENANCE EXPENSES
Schedule 5: SCHEDULE OF CASH, CASH EQUIVALENTS, AND PORTFOLIO INVESTMENTS
Schedule 6: SCHEDULE OF CAPITAL ASSETS
Schedule 7: SCHEDULE OF REMUNERATION AND MONETARY INCENTIVES
Schedule 8: UNAUDITED SCHEDULE OF FEE REVENUES
Schedule 9: UNAUDITED SCHEDULE OF DIFFERENTIAL FUNDING
Schedule 10: UNAUDITED SCHEDULE OF CENTRAL ADMINISTRATION EXPENSES
STATEMENT OF CHANGE IN NET FINANCIAL ASSETS (NET DEBT)
2
Independent Auditors' Report
To the Trustees of Mother Earth's Children's Charter School Society:
We have audited the accompanying financial statements of Mother Earth's Children's Charter School Society, which comprise the statement of financial position as at August 31 , 2016 and the statements of operations, cash flows, change in net financial assets (net debt) , remeasurement gains and losses, and schedules 1 to 7 for the year then ended, and a summary of significant accounting policies and other explanatory information.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian auditing standards, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditors' Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion .
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of Mother Earth's Children's Charter School Society as at August 31 , 2016 and the results of its operations, change in net financial assets and its cash flows for the year then ended in accordance with Canadian Public Sector Accounting Standards.
Leduc, Alberta November 14, 2016
3
MNPLLI' Chartered Professional Accountants
MNR
School Jurisdiction Code: 154
2016 2015
FINANCIAL ASSETS
Cash and cash equivalents (Schedule 5; Note 3) 74,583$ 165,691$
Accounts receivable (net after allowances) (Note 4) 9,992$ 14,658$
Portfolio investments (Schedule 5; Note 5) 251,430$ 251,430$
Other financial assets -$ -$
Total financial assets 336,005$ 431,779$
LIABILITIES
Bank indebtedness -$ -$
Accounts payable and accrued liabilities (Note 6) 34,528$ 55,278$
Deferred revenue (Note 7) 235,000$ 200,000$
Employee future benefit liabilities -$ -$
Liability for contaminated sites -$ -$
Other liabilities -$ -$
Debt
Supported: Debentures and other supported debt -$ -$
Unsupported: Debentures and capital loans -$ -$
Mortgages -$ -$
Capital leases -$ -$
Total liabilities 269,528$ 255,278$
66,477$ 176,501$
NON-FINANCIAL ASSETS
Tangible capital assets (Schedule 6)
Land -$ -$
Construction in progress -$ -$
Buildings -$
Less: Accumulated amortization -$ -$ -$
Equipment 126,907$
Less: Accumulated amortization (116,070)$ 10,837$ 14,391$
Vehicles 435,065$
Less: Accumulated amortization (198,331)$ 236,734$ 172,310$
Computer Equipment 138,145$
Less: Accumulated amortization (134,719)$ 3,426$ 4,568$
Total tangible capital assets 250,997$ 191,269$
Prepaid expenses (Note 8) 4,106$ 6,742$
Other non-financial assets -$ -$
Total non-financial assets 255,103$ 198,011$
Accumulated surplus (Schedule 1; Note 9) 321,580$ 374,512$
Accumulating surplus / (deficit) is comprised of:
Accumulated operating surplus (deficit) 321,580$ 374,512$
Accumulated remeasurement gains (losses) -$ -$
321,580$ 374,512$
Contractual obligations (Note 10)
Contingent liabilities
The accompanying notes and schedules are part of these financial statements.
As at August 31, 2016 (in dollars)STATEMENT OF FINANCIAL POSITION
Net financial assets (debt)
4
School Jurisdiction Code: 154
Budget Actual Actual2016 2016 2015
Alberta Education 582,683$ 757,093$ 884,627$
Other - Government of Alberta -$ -$ -$
Federal Government and First Nations 882,049$ 505,427$ 941,029$
Other Alberta school authorities -$ -$ -$
Out of province authorities -$ -$ -$
Alberta municipalities-special tax levies -$ -$ -$
Property taxes -$ -$ -$
Fees 13,500$ -$ -$
Other sales and services -$ 22,912$ 27,016$
Investment income 1,800$ 3,673$ 3,350$
Gifts and donations 87,100$ 283,391$ 116,115$
Rental of facilities -$ -$ 4,055$
Fundraising -$ -$ -$
Gains on disposal of capital assets -$ -$ -$
Other revenue 1,000$ -$ -$
Total revenues 1,568,132$ 1,572,496$ 1,976,192$
Instruction - ECS 80,039$ 27,762$ 79,959$
Instruction - Grades 1 - 12 935,950$ 767,801$ 1,035,116$
Plant operations and maintenance 270,591$ 423,373$ 505,091$
Transportation 220,610$ 227,731$ 216,327$
Board & system administration 195,623$ 178,761$ 181,377$
External services -$ -$ -$
Total expenses 1,702,813$ 1,625,428$ 2,017,870$
(134,681)$ (52,932)$ (41,678)$
STATEMENT OF OPERATIONSFor the Year Ended August 31, 2016 (in dollars)
EXPENSES
Operating surplus (deficit)
The accompanying notes and schedules are part of these financial statements.
REVENUES
5
154
2016 2015
CASH FLOWS FROM:
A. OPERATING TRANSACTIONS
Operating surplus (deficit) (52,932)$ (41,678)$
Add (Deduct) items not affecting cash:
Total amortization expense 48,202$ 55,682$
Gains on disposal of tangible capital assets -$ -$
Losses on disposal of tangible capital assets -$ -$
Expended deferred capital revenue recognition -$ -$
Deferred capital revenue write-down / adjustment -$ -$
Donations in kind -$ -$
Changes in:
Accounts receivable 4,666$ 3,297$
Prepaids 2,636$ (828)$
Other financial assets -$ -$
Non-financial assets -$ -$
Accounts payable, accrued and other liabilities (20,750)$ (39,381)$
Deferred revenue (excluding EDCR) 35,000$ 191,757$
Employee future benefit liabilities -$ -$
-$ -$
Total cash flows from operating transactions 16,822$ 168,849$
B. CAPITAL TRANSACTIONS
Purchases of tangible capital assets
Land -$ -$
Buildings -$ -$
Equipment -$ -$
Vehicles (107,930)$ -$
Computer equipment -$ (5,710)$
Net proceeds from disposal of unsupported capital assets -$ -$
-$ -$
Total cash flows from capital transactions (107,930)$ (5,710)$
C. INVESTING TRANSACTIONS
Purchases of portfolio investments -$ (200,000)$
Dispositions of portfolio investments -$ -$
Remeasurement (gains) losses reclassified to the statement of operations -$ -$
Change in endowments -$ -$
-$ -$
Total cash flows from investing transactions -$ (200,000)$
D. FINANCING TRANSACTIONS
Issue of debt -$ -$
Repayment of debt -$ -$
-$ -$
Issuance of capital leases -$ -$
Repayment of capital leases -$ -$
-$ -$
-$ -$
Total cash flows from financing transactions -$ -$
Increase (decrease) in cash and cash equivalents (91,108)$ (36,861)$
Cash and cash equivalents, at beginning of year 165,691$ 202,552$
Cash and cash equivalents, at end of year 74,583$ 165,691$
The accompanying notes and schedules are part of these financial statements.
For the Year Ended August 31, 2016 (in dollars)
School Jurisdiction Code:
STATEMENT OF CASH FLOWS
Other factors affecting debt (describe)
Other factors affecting capital leases (describe)
Other (describe)
Other (describe)
Other (describe)
Other (describe)
6
154
Budget 2016 2015
2016
Operating surplus (deficit) -$ (52,932)$ (41,678)$
Effect of changes in tangible capital assets
Acquisition of tangible capital assets -$ (107,930)$ (5,710)$
Amortization of tangible capital assets -$ 48,202$ 55,682$
Net carrying value of tangible capital assets disposed of -$ -$ -$
Write-down carrying value of tangible capital assets -$ -$ -$
Other changes -$ -$ -$
Total effect of changes in tangible capital assets -$ (59,728)$ 49,972$
Changes in:
Prepaid expenses -$ 2,636$ (828)$
Other non-financial assets -$ -$ -$
Net remeasurement gains and (losses) -$ -$ -$
Endowments -$ -$ -$
Increase (decrease) in net financial assets (net debt) -$ (110,024)$ 7,466$
Net financial assets (net debt) at beginning of year -$ 176,501$ 169,035$
Net financial assets (net debt) at end of year -$ 66,477$ 176,501$
School Jurisdiction Code:
STATEMENT OF CHANGE IN NET FINANCIAL ASSETS (NET DEBT)
For the Year Ended August 31, 2016 (in dollars)
The accompanying notes and schedules are part of these financial statements.
7
School Jurisdiction Code: 154
2016 2015
Accumulated remeasurement gains (losses) at beginning of year -$ -$
-$ -$
-$ -$
Unrealized gains (losses) attributable to:
Portfolio investments -$ -$
-$ -$
Amounts reclassified to the statement of operations:
Portfolio investments -$ -$
-$ -$
Net remeasurement gains (losses) for the year -$ -$
Accumulated remeasurement gains (losses) at end of year -$ -$
STATEMENT OF REMEASUREMENT GAINS AND LOSSES
The accompanying notes and schedules are part of these financial statements.
For the Year Ended August 31, 2016 (in dollars)
Other
Other
Prior Period Adjustment (Explain)
Prior Period Adjustment (Explain)
8
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10
154SCHEDULE 2
SCHEDULE OF CAPITAL REVENUE(EXTERNALLY RESTRICTED CAPITAL REVENUE ONLY)
for the Year Ended August 31, 2016 (in dollars)
Proceeds on UnexpendedDisposal of Deferred
Provincially Surplus from Provincially Capital Expended
Approved Provincially Funded Revenue from Deferred
& Funded Approved Tangible Capital Other Capital
Projects (A) Projects (B) Assets (C) Sources (D)Revenue
Balance at August 31, 2015 -$ -$ -$ -$ -$
Prior period adjustments -$ -$ -$ -$ -$
Adjusted balance, August 31, 2015 -$ -$ -$ -$ -$
Add:
Unexpended capital revenue received from:
Alberta Education school building & modular projects (excl. IMR) -$
Infrastructure Maintenance & Renewal capital related to school facilities -$
Other sources: -$ -$
Other sources: -$ -$
Unexpended capital revenue receivable from:
Alberta Education school building & modular (excl. IMR) -$
Other sources: -$ -$
Other sources: -$ -$
Interest earned on unexpended capital revenue -$ -$ -$ -$
Other unexpended capital revenue: -$
Proceeds on disposition of supported capital -$ -$
Insurance proceeds (and related interest) -$ -$
Donated tangible capital assets: -$
Alberta Infrastructure managed projects -$
Transferred in (out) tangible capital assets (amortizable, @ net book value) -$
Expended capital revenue - current year -$ -$ -$ -$ -$
Surplus funds approved for future project(s) -$ -$
Other adjustments: -$ -$ -$ -$ -$
Deduct:
Net book value of supported tangible capital dispositions or write-offs -$
Other adjustments: -$ -$ -$ -$
Capital revenue recognized - Alberta Education -$
Capital revenue recognized - Other Government of Alberta -$
Capital revenue recognized - Other revenue -$
Balance at August 31, 2016 -$ -$ -$ -$ -$ (A) (B) (C) (D)
Balance of Unexpended Deferred Capital Revenue at August 31, 2016 (A) + (B) + (C) + (D) -$
Unexpended Deferred Capital Revenue
(A) - Represents funding received from the Government of Alberta to be used toward the acquisition of new approved tangible capital assets with restricted uses only. Please specify department
if funds received from a source other than Alberta Education.
(B) - Represents any surplus of funding over costs from column (A) approved by Minister for future capital expenditures with restricted uses only.
(C) - Represents proceeds on disposal of provincially funded restricted-use capital assets to be expended on approved capital assets per 10(2)(a) of Disposition of Property Reg. 181/2010.
(D) - Represents capital revenue received from entities OTHER THAN the Government of Alberta for the acquisition of restricted-use tangible capital assets.
Unexpended Deferred Capital Revenue
11
SC
HE
DU
LE
3S
cho
ol J
uri
sdic
tio
n C
od
e:15
4
2015
Pla
nt
Op
erat
ion
s B
oar
d &
RE
VE
NU
ES
and
Sys
tem
E
xter
nal
E
CS
Gra
des
1 -
12
Mai
nte
nan
ceT
ran
spo
rtat
ion
Ad
min
istr
atio
nS
ervi
ces
TO
TA
LT
OT
AL
(1)
Alb
erta
Edu
catio
n12
,305
$
314,
204
$
238,
163
$
10,5
36$
18
1,88
5$
-
$
757,
093
$
884,
627
$
(2)
Oth
er -
Gov
ernm
ent o
f Alb
erta
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(3)
Fed
eral
Gov
ernm
ent a
nd F
irst N
atio
ns15
,444
$
453,
405
$
36,5
79$
-
$
-$
-
$
505,
427
$
941,
029
$
(4)
Oth
er A
lber
ta s
choo
l aut
horit
ies
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(5)
Out
of p
rovi
nce
auth
oriti
es-
$
-$
-
$
-$
-
$
-$
-
$
-$
(6)
Alb
erta
mun
icip
aliti
es-s
peci
al ta
x le
vies
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(7)
Pro
pert
y ta
xes
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(8)
Fee
s-
$
-$
-
$
-$
-
$
-$
(9)
Oth
er s
ales
and
ser
vice
s-
$
19,9
31$
2,
693
$
23
8$
50
$
-
$
22,9
12$
27
,016
$
(10)
Inve
stm
ent i
ncom
e-
$
2,00
0$
-$
-
$
1,67
3$
-$
3,
673
$
3,
350
$
(11)
Gift
s an
d do
natio
ns-
$
87,3
61$
53
,100
$
142,
930
$
-$
-
$
283,
391
$
116,
115
$
(12)
Ren
tal o
f fac
ilitie
s-
$
-$
-
$
4,05
5$
(13)
Fun
drai
sing
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(14)
Gai
ns o
n di
spos
al o
f tan
gibl
e ca
pita
l ass
ets
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(15)
Oth
er r
even
ue-
$
-$
-
$
-$
-
$
-$
-
$
-$
(16)
TO
TA
L R
EV
EN
UE
S27
,749
$
876,
900
$
330,
535
$
153,
704
$
183,
608
$
-$
1,
572,
496
$
1,
976,
192
$
EX
PE
NS
ES
(17)
Cer
tific
ated
sal
arie
s-
$
405,
327
$
-$
-
$
405,
327
$
585,
089
$
(18)
Cer
tific
ated
ben
efits
-$
89
,417
$
-$
-
$
89,4
17$
14
5,78
7$
(19)
Non
-cer
tific
ated
sal
arie
s an
d w
ages
25
,243
$
153,
498
$
92,5
94$
80
,694
$
70,7
10$
-
$
422,
739
$
502,
383
$
(20)
Non
-cer
tific
ated
ben
efits
1,91
6$
-$
11
,593
$
16,6
89$
15
,273
$
-$
45
,471
$
35,5
72$
(21)
SU
B -
TO
TA
L27
,159
$
648,
242
$
104,
187
$
97,3
83$
85
,983
$
-$
96
2,95
4$
1,
268,
831
$
(22)
Ser
vice
s, c
ontr
acts
and
sup
plie
s60
3$
11
4,86
3$
31
9,18
6$
86
,842
$
92,2
94$
-
$
613,
788
$
692,
953
$
(23)
Am
ortiz
atio
n of
sup
port
ed ta
ngib
le c
apita
l ass
ets
-$
-
$
-$
-
$
-$
(24)
Am
ortiz
atio
n of
uns
uppo
rted
tang
ible
cap
ital a
sset
s-
$
4,69
6$
43,5
06$
-
$
-$
48
,202
$
55,6
82$
(25)
Sup
port
ed in
tere
st o
n ca
pita
l deb
t-
$
-$
-
$
-$
-
$
-$
-
$
-$
(26)
Uns
uppo
rted
inte
rest
on
capi
tal d
ebt
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(27)
Oth
er in
tere
st a
nd fi
nanc
e ch
arge
s-
$
-$
-
$
-$
48
4$
-
$
484
$
404
$
(28)
Loss
es o
n di
spos
al o
f tan
gibl
e ca
pita
l ass
ets
-$
-
$
-$
-
$
-$
-
$
-$
-
$
(29)
Oth
er e
xpen
se-
$
-$
-
$
-$
-
$
-$
-
$
-$
(3
0)T
OT
AL
EX
PE
NS
ES
27,7
62$
76
7,80
1$
42
3,37
3$
22
7,73
1$
17
8,76
1$
-
$
1,62
5,42
8$
2,01
7,87
0$
(31)
(13)
$
109,
099
$
(92,
838)
$
(74,
027)
$
4,84
7$
-$
(5
2,93
2)$
(4
1,67
8)$
O
PE
RA
TIN
G S
UR
PL
US
(D
EF
ICIT
)
SC
HE
DU
LE
OF
PR
OG
RA
M O
PE
RA
TIO
NS
for
the
Yea
r E
nd
ed A
ug
ust
31,
201
6 (in
dol
lars
)
2016
Inst
ruct
ion
12
SC
HE
DU
LE
4S
cho
ol J
uri
sdic
tio
n C
od
e:15
4
Exp
ense
d IM
R,
Un
sup
po
rted
2016
2015
TO
TA
L
Uti
litie
s M
od
ula
r U
nit
Am
ort
izat
ion
S
up
po
rted
TO
TA
LO
per
atio
ns
and
EX
PE
NS
ES
Cu
sto
dia
lM
ain
ten
ance
and
Rel
oca
tio
ns
&&
Oth
er
Cap
ital
& D
ebt
Op
erat
ion
s an
dM
ain
ten
ance
Tel
eco
mm
.L
ease
Pay
men
tsE
xpen
ses
Ser
vice
sM
ain
ten
ance
Un
cert
ific
ated
sal
arie
s an
d w
ages
43
,618
$
19,7
96$
-
$
-
$
29
,180
$
92,5
94$
95
,981
$
Un
cert
ific
ated
ben
efit
s4,
861
$
3,
388
$
-
$
-
$
3,
344
$
11
,593
$
12,5
89$
Su
b-t
ota
l Rem
un
erat
ion
48,4
79$
23
,184
$
-$
-$
32,5
24$
10
4,18
7$
108,
570
$
Su
pp
lies
and
ser
vice
s8,
832
$
23
,046
$
-$
-$
15,1
73$
47
,051
$
88,5
26$
Ele
ctri
city
29,7
65$
29
,765
$
31,3
90$
Nat
ura
l gas
/hea
tin
g f
uel
15,0
22$
15
,022
$
19,3
60$
Sew
er a
nd
wat
er28
4$
284
$
44
7$
Tel
eco
mm
un
icat
ion
s4,
013
$
4,
013
$
3,
980
$
Insu
ran
ce23
,051
$
23,0
51$
26
,302
$
AS
AP
mai
nte
nan
ce &
ren
ewal
pay
men
ts-
$
-
$
-
$
Am
ort
izat
ion
of
tan
gib
le c
apit
al a
sset
s
Sup
port
ed-
$
-
$
-
$
Uns
uppo
rted
-$
18,2
73$
To
tal A
mo
rtiz
atio
n-
$
-
$
-
$
18
,273
$
Inte
rest
on
cap
ital
deb
t
Sup
port
ed-
$
-
$
-
$
Uns
uppo
rted
-$
-$
-$
Leas
e pa
ymen
ts f
or f
acili
ties
200,
000
$
20
0,00
0$
208,
243
$
Oth
er in
tere
st c
har
ges
-$
-$
-$
Lo
sses
on
dis
po
sal o
f ca
pit
al a
sset
s-
$
-
$
-
$
TO
TA
L E
XP
EN
SE
S57
,311
$
46,2
30$
49
,084
$
200,
000
$
70
,748
$
-$
-$
423,
373
$
50
5,09
1$
Sch
ool b
uild
ings
4,41
7.0
4,41
7.0
Non
sch
ool b
uild
ings
0.0
0.0
All
expe
nses
rel
ated
to
activ
ities
und
erta
ken
to k
eep
the
scho
ol e
nviro
nmen
t an
d m
aint
enan
ce s
hops
cle
an a
nd s
afe.
All
expe
nses
ass
ocia
ted
with
the
rep
air,
rep
lace
men
t, e
nhan
cem
ent
and
min
or c
onst
ruct
ion
of b
uild
ings
, gr
ound
s an
d eq
uipm
ent
com
pone
nts.
T
his
incl
udes
reg
ular
and
pre
vent
ativ
e
mai
nten
ance
und
erta
ken
to e
nsur
e co
mpo
nent
s re
ach
or e
xcee
d th
eir
life
cycl
e an
d th
e re
pair
of b
roke
n co
mpo
nent
s.
Mai
nten
ance
exp
ense
s ex
clud
e op
erat
iona
l cos
ts r
elat
ed t
o
expe
nsed
IMR
& M
odul
ar U
nit
relo
catio
ns,
as t
hey
are
repo
rted
on
sepa
rate
ly.
All
expe
nses
rel
ated
to
elec
tric
ity,
natu
ral g
as a
nd o
ther
hea
ting
fuel
s, s
ewer
and
wat
er a
nd a
ll fo
rms
of t
elec
omm
unic
atio
ns.
All
oper
atio
nal e
xpen
ses
asso
ciat
ed w
ith n
on-c
apita
lized
Infr
astr
uctu
re M
aint
enan
ce R
enew
al
proj
ect
s, m
odul
ar u
nit
(por
tabl
e) r
eloc
atio
n, a
nd p
aym
ents
on
leas
ed f
acili
ties.
All
expe
nses
rel
ated
to
the
adm
inis
trat
ion
of o
pera
tions
and
mai
nten
ance
incl
udin
g (b
ut n
ot li
mite
d to
) co
ntra
ct a
dmin
istr
atio
n,
cler
ical
fun
ctio
ns,
nego
tiatio
ns,
supe
rvis
ion
of e
mpl
oyee
s
& c
ontr
acto
rs,
scho
ol f
acili
ty p
lann
ing
& p
roje
ct 'a
dmin
istr
atio
n',
adm
inis
trat
ion
of jo
int-
use
agre
emen
ts,
and
all e
xpen
ses
rela
ted
to e
nsur
ing
com
plia
nce
with
hea
lth a
nd s
afet
y st
anda
rds,
code
s an
d go
vern
men
t re
gula
tions
.
All
expe
nses
rel
ated
to
unsu
ppor
ted
capi
tal a
sset
s am
ortiz
atio
n an
d in
tere
st o
n un
supp
orte
d ca
pita
l deb
t.
All
expe
nses
rel
ated
to
supp
orte
d ca
pita
l ass
ets
amor
tizat
ion
and
inte
rest
on
supp
orte
d ca
pita
l deb
t.
SQ
UA
RE
ME
TR
ES
SC
HE
DU
LE
OF
PL
AN
T O
PE
RA
TIO
NS
AN
D M
AIN
TE
NA
NC
E E
XP
EN
SE
Sfo
r th
e Y
ear
En
ded
Au
gu
st 3
1, 2
016
(in
do
llars
)
Fac
ility
Pla
nn
ing
&
Op
erat
ion
s A
dm
inis
trat
ion
Cu
sto
dia
l:
No
te:
Su
pp
ort
ed C
apit
al &
Deb
t S
ervi
ces:
Fac
ility
Pla
nn
ing
& O
per
atio
ns
Ad
min
istr
atio
n:
Exp
ense
d IM
R &
Mo
du
lar
Un
it R
elo
cati
on
& L
ease
Pm
ts:
Uti
litie
s &
Tel
eco
mm
un
icat
ion
s:
Mai
nte
nan
ce:
Un
sup
po
rted
Am
ort
izat
ion
& O
ther
Exp
ense
s:
13
SCHEDULE 5 School Jurisdiction Code: 154
Cash & Cash Equivalents 2015
Average Effective
(Market) Yield Cost Amortized Cost Amortized Cost
Cash .05 - 0.50% $ 74,583 $ 74,583 $ 165,691
Cash equivalents
Government of Canada, direct and guaranteed 0.00% - - -
Provincial, direct and guaranteed 0.00% - - -
Corporate 0.00% - - -
Municipal 0.00% - - -
Pooled investment funds 0.00% - - -
Other, including GIC's 0.00% - - -
Total cash and cash equivalents .05 - 0.50% $ 74,583 $ 74,583 $ 165,691
See Note 3 for additional detail.
Portfolio Investments 2015
Average Effective
(Market) Yield Cost Fair Value Balance Balance
Long term deposits 0.00% $ -
Guranteed interest certificates .60 - 1.50% 251,430 251,430 251,430 251,430
Fixed income securities
Government of Canada, direct and guaranteed 0.00% $ - $ - $ - $ -
Provincial, direct and guaranteed 0.00% - - - -
Municipal 0.00% - - - -
Corporate 0.00% - - - -
Pooled investment funds 0.00% - - - -
Total fixed income securities 0.00% - - - -
Equities
Canadian 0.00% $ - $ - $ - $ -
Foreign 0.00% - - - -
Total equities 0.00% - - - -
Supplemental integrated pension plan assets 0.00% $ - $ - $ - $ -
Restricted investments 0.00% - - - -
Other (Specify) 0.00% - - - -
Other (Specify) 0.00% - - - -
Total portfolio investments .60 - 1.50% $ 251,430 $ 251,430 $ 251,430 $ 251,430
See Note 5 for additional detail.
The following represents the maturity structure for portfolio investments based on principal amount:
2016 2015
Under 1 year 0.0% 0.0%
1 to 5 years 100.0% 100.0%
6 to 10 years 0.0% 0.0%
11 to 20 years 0.0% 0.0%
Over 20 years 0.0% 0.0%
100.0% 100.0%
2016
2016
SCHEDULE OF CASH, CASH EQUIVALENTS, AND PORTFOLIO INVESTMENTSfor the Year Ended August 31, 2016 (in dollars)
14
SC
HE
DU
LE
6S
cho
ol J
uri
sdic
tio
n C
od
e:15
4
Tan
gib
le C
apit
al A
sset
s20
15
Est
imat
ed u
sefu
l life
10-2
0 Y
ears
10 Y
ears
5 Y
ears
His
tori
cal c
ost
B
egin
ning
of y
ear
$
-
$
-
$
-
$
126
,907
$
3
27,1
35
$
138
,145
$
5
92,1
87
$
5
86,4
77
P
rior
perio
d ad
just
men
ts
-
-
-
-
-
-
-
-
Add
ition
s
-
-
-
-
1
07,9
30
-
107
,930
5
,710
Tra
nsfe
rs in
(ou
t)
-
-
-
-
-
-
-
-
Less
dis
posa
ls in
clud
ing
writ
e-of
fs
-
-
-
-
-
-
-
- $
-
$
-
$
-
$
1
26,9
07
$
435
,065
$
1
38,1
45
$
700
,117
$
592
,187
Acc
um
ula
ted
am
ort
izat
ion
B
egin
ning
of y
ear
$
-
$
-
$
-
$
112
,516
$
1
54,8
25
$
133
,577
$
4
00,9
18
$
3
45,2
36
P
rior
perio
d ad
just
men
ts
-
-
-
-
-
-
-
-
Am
ortiz
atio
n -
-
-
3,5
54
43
,506
1,1
42
48
,202
55
,682
Oth
er a
dditi
ons
-
-
-
-
-
-
-
-
T
rans
fers
in (
out)
-
-
-
-
-
-
-
-
Le
ss d
ispo
sals
incl
udin
g w
rite-
offs
-
-
-
-
-
-
-
-
$
-
$
-
$
-
$
116
,070
$
1
98,3
31
$
134
,719
$
4
49,1
20
$
4
00,9
18
Net
Bo
ok
Val
ue
at A
ug
ust
31,
201
6 $
-
$
-
$
-
$
10,8
37
$
236
,734
$
3,4
26
$
250
,997
Net
Bo
ok
Val
ue
at A
ug
ust
31,
201
5 $
-
$
-
$
-
$
14,3
91
$
172
,310
$
4,5
68
$
1
91,2
69
2016
2015
$
-
$
-
$
-
$
-
To
tal
To
tal
Tot
al a
mor
tizat
ion
of a
sset
s un
der
capi
tal l
ease
SC
HE
DU
LE
OF
CA
PIT
AL
AS
SE
TS
for
the
Yea
r E
nd
ed A
ug
ust
31,
201
6 (i
n d
olla
rs)
2016
Lan
dC
on
stru
ctio
n In
P
rog
ress
Bu
ildin
gs
Eq
uip
men
tV
ehic
les
Co
mp
ute
r H
ard
war
e &
S
oft
war
e
Tot
al c
ost o
f ass
ets
unde
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16
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
17
1. Authority and purpose
Mother Earth’s Children’s Charter School Society (the “Society”) delivers educational programs under the authority of the School Act, Revised Statutes of Alberta 2000, Chapter S-3. It is not taxable under Section 149(1) of the Income Tax Act.
The Society receives funding for instruction and support under Education Grants Regulation (AR 120/2008). The regulation allows for the setting of conditions and use of grant monies. The Society is limited on certain funding allocations and administration expenses.
2. Significant accounting policies These financial statements are the representations of management, prepared in accordance with
Canadian public sector accounting standards established by the Public Sector Accounting Board (“PSAS”) of CPA Canada. The financial statements have, in management’s opinion, been properly prepared within reasonable limits of materiality and within the framework of the accounting policies summarized below:
Revenue recognition
Revenue is recorded on an accrual basis. Instruction and support allocations are recognized in the year to which they relate. Fees for services related to courses and programs are recognized as revenue when such courses and programs are delivered.
Eligibility criteria are criteria that the Society has to meet in order to receive certain contributions. Stipulations describe what the Society must perform in order to keep the contributions. Contributions without eligibility criteria or stipulations are recognized as revenue when the contributions are authorized by the transferring government or entity. Contributions with eligibility criteria but without stipulations are recognized as revenue when the contributions are authorized by the transferring government or entity and all eligibility criteria have been met.
Contributions with stipulations are recognized as revenue in the period the stipulations are met, except when and to the extent that the contributions give rise to an obligation that meets the definition of a liability in accordance with Section PS 3200. Such liabilities are recorded as deferred revenue.
Expenses
Expenses are reported on an accrual basis. The cost of all goods consumed and services received during the year is expensed. Actual salaries of personnel assigned to two or more programs are allocated based on the time spent in each program. Employee benefits and allowances are allocated to the same programs, and in the same proportions, as the individual’s salary. Supplies and services are allocated based on actual program identification.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
18
2. Significant accounting policies (continued)
Prepaid expenses
Certain expenditures incurred and paid before the close of the school year are for specific school supplies, which will be consumed subsequent to the year-end, and are accordingly recorded as prepaid expenses. Certain insurance expenses also fall into this category.
Portfolio investments
The Society has investments in GIC’s that have maturity dates greater than three months. GIC’s not quoted in an active market are reported at cost or amortized cost. Detailed information regarding portfolio investments is disclosed in Schedule 5.
Tangible capital assets
Tangible capital assets are initially recorded at cost which includes amounts that are directly attributable to acquisition, construction, development or betterment of the asset. Donated tangible capital assets are recorded at their fair market value at the date of donation, except in circumstances where fair value cannot be reasonably determined, when they are then recognized at nominal value. Transfers of tangible capital assets from related parties are recorded at original cost less accumulated amortization. Tangible capital assets are amortized on a straight-line basis over their estimated useful life as follows:
Equipment 10 years Vehicles 10 years Computer equipment 5 years
Only capital assets with a cost in excess of $5,000 are capitalized.
Vacation pay
Vacation pay is accrued in the period in which the employee earns the benefit.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
19
2. Significant accounting policies (continued)
Program reporting
The Society’s operations have been segmented as follows:
ECS Instruction: The provision of Early Childhood Services education that fall under the basic public education mandate.
Grade 1 - 12 Instruction: The provision of grades 1 – 12 instructional services that fall under the basic public education mandate.
Plant Operations and Maintenance: The operation and maintenance of all school buildings and maintenance shop facilities as well as the operations of the Hot Lunch program.
Transportation: The provision of regular and special education bus services (to and from school), whether contracted or board operated, including transportation facility expenses.
Board and System Administration: The provision of board governance and system-based/central office administration.
External Services: All projects, activities, and services offered outside the public education mandate for ECS children and students in grades 1-12. Services offered beyond the mandate for public education are to be self-supporting, and Alberta Education funding may not be utilized to support these programs.
The allocation of revenue and expenses are reported by program, source, and object on the Schedule of Program Operations.
Pensions
Pension costs included in these financial statements comprise the cost of employer contributions for current service of employees during the year. The current and past service costs of the Alberta Teachers Retirement Fund are met by contributions by active members and the Government of Alberta. Under the terms of the Teachers Pension Plan Act, the Society does not make pension contributions for certificated staff. The Government portion of the current service contribution to the Alberta Teachers Retirement Fund on behalf of the Society is included in both revenue and expenses. For the school year ended August 31, 2016, the amount contributed to the Teachers’ Retirement Fund by the Province was $48,086 (2015 - $73,700).
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
20
2. Significant accounting policies (continued)
Financial instruments
A contract establishing a financial instrument creates, at its inception, rights and obligations to receive or deliver economic benefits. The financial assets and financial liabilities portray these rights and obligations in the financial statements. The Society recognizes a financial instrument when it becomes a party to a financial instrument contact. The Society’s financial instruments consist of cash and cash equivalents, accounts receivable, portfolio investments and accounts payable and accrued liabilities. Unless otherwise indicated, it is management's opinion that the Society is not exposed to significant credit and liquidity risks, or market risk, which includes currency, interest rate and other price risks. Portfolio investments in equity instruments quoted in active markets and derivates are recorded at fair value. All other financial assets and liabilities are recorded at cost or amortized cost and the associated transaction costs are added to the carrying value of items in the cost or amortized cost upon initial recognition. The gain or loss arising from derecognition of a financial instrument is recognized in the statement of operations. Impairment losses such as write-downs or write-offs are reported in the statement of operations.
Cash and cash equivalents
Cash and cash equivalents include cash and investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of change in value. These short-term investments have a maturity of three months or less at acquisition and are held for the purpose of meeting short-term cash commitments rather than for investing.
Accounts receivable
Accounts receivable are shown net of allowance for doubtful accounts.
Deferred revenue
Deferred revenue includes contributions received for operations which have stipulations that meet the definition of a liability per Public Sector Accounting Standard (PSAS) PS 3200. These contributions are recognized by the Society once it has met all eligibility criteria to receive the contributions. When stipulations are met, deferred revenue is recognized as revenue in the fiscal year in a manner consistent with the circumstances and evidence used to support the initial recognition of the contributions as a liability.
Contributed services
Volunteers contribute a considerable number of hours per year to schools to ensure that certain programs are delivered, such as kindergarten, lunch services and the raising of school generated funds. Because of the difficulty of compiling these hours and the fact that these services are not otherwise purchased, contributed services are not recognized in the financial statements.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
21
2. Significant accounting policies (continued) Contributed supplies
Supplies to support the hot lunch program are donated to the Society. These supplies consist of perishable food products nearing expiry, with no market value. Because of the difficulty in determining the value of the contributions due to the fact that there is no market for these products, contributed supplies are not recognized in the financial statements.
Measurement uncertainty
The precise determination of many assets and liabilities is dependent on future events. As a result, the preparation of financial statements for a period involves the use of estimates and approximations, which have been made using careful judgement. Actual results could differ from those estimates. Significant areas requiring the use of management estimates relate to the potential impairment of assets, rates for amortization and estimated employee future benefits.
3. Cash and cash equivalents and bank indebtedness
The Society has negotiated an overdraft facility in the amount of $50,000 with Servus Credit Union with an overdraft interest rate of prime. At August 31, 2016, there were no drawings on this overdraft facility (2015 - $nil). At August 31, 2016 prime rate was 2.70% (2015 – 2.85%).
4. Accounts receivable
20162015
Gross Amount
Allowance for Doubtful
Accounts
Net Realizable
Value
Net Realizable
Value Federal government
9,145 - 9,145 5,931 Foundations
- - - 8,451 Other
847 - 847 276 Total $ 9,992 $ - $ 9,992 $ 14,658
5. Portfolio investments It is management’s opinion that there has been no impairment during the year.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
22
6. Accounts payable and accrued liabilities
2016 2015
Federal government 16,578 22,845
Other salaries & benefit costs 1,676 1,660
Other trade payables and accrued liabilities 16,274 30,773
Total $ 34,528 $ 55,278
7. Deferred revenue
ADD: DEDUCT: SOURCE AND GRANT OR FUND TYPE DEFERRED 2015/2016 2015/2016 DEFERRED
REVENUE Restricted Restricted
Funds REVENUE
as at Funds
Received/ Expended as at
Aug. 31, 2015 Receivable (Paid /
Payable) Aug. 31, 2016
Unexpended deferred operating revenue
Other Deferred Revenue:
Donations 200,000 35,000 - 235,000
Total unexpended deferred operating revenue $ 200,000 $ 35,000 $ - $ 235,000
Unexpended deferred capital revenue (Schedule 2) - - - -
Expended deferred capital revenue (Schedule 2) - - - -
Total $ 200,000 $ 35,000 $ - $ 235,000
8. Prepaid expenses
2016 2015
Prepaid insurance $ 4,106 $ 4,696
Other (specify if significant) - 2,046
Other - -
Total $ 4,106 $ 6,742
9. Accumulated Surplus
There are no school generated funds included in accumulated surplus for the 2016 or 2015 year end.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
23
10. Contractual obligations
2016 2015
Building projects $ - $ -
Building leases (1) 2,100,000 2,450,000
Service providers - -
Other (Specify) - -
Other - -
Total $ 2,100,000 $ 2,450,000
(1) Building lease: The Society is committed to a lease agreement with a related party, the Friends of MECCS Education Foundation, which expires January 31, 2022. As per the lease agreement, the Society shall pay $350,000 per annum as rent in respect of each year of the term. Each year this amount is subject to change based on Friends of MECCS Education Foundation board approval.
Building Projects
Building Leases
Service Providers
Other (Specify) Other
2016-2017 $ - $ 350,000 $ - $ - $ - 2017-2018 - 350,000 - - - 2018-2019 - 350,000 - - - 2019-2020 - 350,000 - - - 2020-2021 - 350,000 - - - Thereafter - 350,000 - - -
$ - $ 2,100,000 $ - $ - $ - 11. Economic dependence
The Society’s primary sources of revenue are received from the Province of Alberta and the Government of Canada. The Society’s ability to continue viable operations is dependent on this funding.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
24
12. Related party transactions
All entities consolidated in the accounts of the Government of Alberta are related parties of school jurisdictions. These include government departments, health authorities, post-secondary institutions and other school jurisdictions in Alberta. All related party transactions are in the normal course of business and are measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties. Friends of MECCS Education Foundation (the “Foundation”) is a related party as its board of directors includes management and board members from the Society. These two entities have not been consolidated as it was determined that there is no common control. The Society and the Foundation pay expenses on behalf of one another, which are then fully reimbursed at cost. The Society also pays the Foundation rent for the use of the school and related property. These transactions are in the normal course of operations and have been measured at the exchange amount, which is the amount of consideration agreed to by the parties.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
25
12. Related party transactions (continued)
Balances Transactions
Financial Assets (at cost
or net realizable
value) Liabilities (at
amortized cost)
Revenues Expenses
Government of Alberta (GOA):
Alberta Education
Accounts receivable / Accounts payable $ - $ - $ - $ -
Prepaid expenses / Deferred operating revenue - - - -
Unexpended deferred capital revenue - - - -
Expended deferred capital revenue
Grant revenue & expenses - - -
ATRF payments made on behalf of district 48,086
Other revenues & expenses - - 709,007 -
Other Alberta school jurisdictions - - - -
Alberta Treasury Board and Finance (Principal) - -
Alberta Treasury Board and Finance (Accrued interest)
- -
Alberta Health - - - -
Alberta Health Services - - - -
Enterprise and Advanced Education - - - -
Post-secondary institutions - - - -
Alberta Infrastructure - - - -
Human Services - - - -
Culture & Tourism - - - -
Other GOA ministry (Specify) - - - -
Other GOA ministry (Specify) - - - -
Other GOA ministries - - - -
Other:
Alberta Capital Financing Authority - - - -
Friends of MECCS Education Foundation - 750 107,930 200,000
Other Related Parties (Specify) - - - -
Other Related Parties - - - -
TOTAL 2015/2016 $ - $ 750 $ 865,023 $ 200,000
TOTAL 2014/2015 $ 8,451 $ 15,750 $ 884,627 $ 208,243
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
26
13. School generated funds
2016 2015
School Generated Funds, Beginning of Year $ - $ -
Gross Receipts:
Fees - -
Fundraising - -
Gifts and donations - -
Grants to schools - -
Other sales and services 2,514 13,756
Total gross receipts 2,514 13,756
Total Related Expenses and Uses of Funds -
Total Direct Costs Including Cost of Goods Sold to Raise Funds 2,514 13,756
School Generated Funds, End of Year $ - $ -
Balance included in Deferred Revenue* $ - $ -
Balance included in Accumulated Surplus (Operating Reserves)** $ - $ -
14. Budget amounts
The budget was prepared by the Society and approved by the Board of Trustees on June 22, 2015.
15. Going concern
These financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the payment of liabilities in the ordinary course of operations. Should the Society be unable to continue as a going concern, it may be unable to realize the carrying value of its assets and to meet its liabilities as they become due. The continuation of the Society is dependent upon the continuing availability of Federal and Provincial funding, the additional funding of third parties, and upon adherence to budgeted expenses. These financial statements do not reflect the adjustments or reclassification of assets and liabilities which would be necessary if the Society were unable to continue its operations.
MOTHER EARTH’S CHILDREN’S CHARTER SCHOOL SOCIETY NOTES TO THE FINANCIAL STATEMENTS
AUGUST 31, 2016
27
16. Comparative figures Certain comparative figures have been reclassified to conform to current year presentation.
17. Additional information
The following information is required to comply with the disclosure requirements of the Charitable Fund-raising Act and Regulation: Gross contributions received were $209,650. Gross contributions were disposed of through various expenditures which have been detailed on
the schedule of program operations and were in excess of 10% of the gross contributions received.
There were no expenses incurred for the purposes of soliciting contributions. No amounts were paid as remuneration to employees whose principal duties involve fundraising.
School Jurisdiction Code: 154SCHEDULE 8
Actual 2016 Actual 2015
FEES
Transportation fees $0 $0
Basic instruction supplies (text books, including lost or replacement fees, course materials) $0 $0
Technology user fees $0 $0
Alternative program fees $0 $0
Fees for optional courses (band, art, etc.) $0 $0
Fees for students from other boards $0 $0
Tuition fees (international & out of province) $0 $0
Kindergarten & preschool $0 $0
Extracurricular fees (sports teams and clubs) $0 $0
Field trips (related to curriculum) $0 $0
Lunch supervision fees $0 $0
Locker rental; locks; student ID; uniforms; library, student union, and fitness fees $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
Other (describe)* $0 $0
TOTAL FEES $0 $0
Actual 2016 Actual 2015
Cafeteria sales, hot lunch, milk programs $0 $0
Special events, graduation, tickets $0 $0
Student travel (international, recognition trips, non-curricular) $0 $0
$0 $0
$0 $0
$0 $0
Other (describe) $0 $0
Other (describe) $0 $0
Other (describe) $0 $0
TOTAL $0 $0
Please disclose amounts paid by parents of students that are recorded as "Other sales and services" or "Other revenue" (rather than fee revenue):
Sales or rentals of other supplies/services (clothing, agendas, yearbooks)
*PLEASE DO NOT USE "SCHOOL GENERATED FUNDS" AS A CATEGORY
UNAUDITED SCHEDULE OF FEE REVENUESfor the Year Ending August 31, 2016 (in dollars)
Adult education revenue
Child care & before and after school care
28
SCHEDULE 9 154
Funded Students in Program 19 Federally Funded Students 49 REVENUES
Alberta Education allocated funding 20,617$ -$ -$ -$ -$ Other funding allocated by the board to the program -$ -$ -$ -$ -$ TOTAL REVENUES 20,617$ -$ -$ -$ -$
EXPENSES (Not allocated from BASE, Transportation, or other funding)Instructional certificated salaries & benefits 13,525$ -$ -$ -$ Instructional non-certificated salaries & benefits 4,867$ -$ -$ -$ SUB TOTAL 18,392$ -$ -$ -$ Supplies, contracts and services 19,366$ -$ -$ -$ Program planning, monitoring & evaluation -$ -$ -$ -$ Facilities (required specifically for program area) 2,837$ -$ -$ -$ Administration (administrative salaries & services) 2,341$ -$ -$ -$ Other (please describe) -$ -$ -$ -$ Other (please describe) -$ -$ -$ -$ TOTAL EXPENSES 42,936$ -$ -$ -$ NET FUNDING SURPLUS (SHORTFALL) (22,319)$ -$ -$ -$
UNAUDITED SCHEDULE OF DIFFERENTIAL FUNDINGfor the Year Ended August 31, 2016 (in dollars)
PROGRAM AREA
First Nations, Metis & Inuit
(FNMI)ECS Program Unit
Funding (PUF)
English as a Second Language
(ESL)Inclusive
Education
Small Schools by Necessity
(Revenue only)
29
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-$
-$
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$
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-$
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-$
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$
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-$
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-$
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