Financials

The Society closed the 2025-26 fiscal year in a resilient and stable financial position, marked by continued strength in our cash balance and net assets. While operating cash flows and overall net position experienced some pressure during the year, both remained positive, reflecting disciplined financial management and the Society’s ability to continue delivering on its mandate. This performance has been supported by strong fiscal stewardship of the Capital Modernization project, which has delivered meaningful upgrades across our facilities and strengthens our ability to support individuals experiencing homelessness.

In the context of continued political and economic uncertainty, it remains important for management to stay vigilant by closely monitoring financial performance, stewarding resources prudently, and maintaining the flexibility needed to respond to evolving conditions. I am confident that the governance, controls, and financial safeguards in place, combined with management’s proactive approach, position the Society to remain financially sustainable and resilient.

Sydney Frazer

Treasurer of the Board, Calgary Drop-In Centre