About · Accountability
Annual reports help participants, donors, partners, funders, regulators and community members understand Favored Generation’s programs, results, governance, financial activity and priorities.
Each report covers one reporting year and one legal entity. Every figure below is stated in that entity’s currency, alongside the level of external professional involvement in preparing it.
2025 · Canada · Published
Programs, governance and financial activity attributed to the Canadian entity for the year ended 31 December 2025.
Total income
19,071.30 CAD
Total expenses
12,591.08 CAD
Excess of income over expenses
6,480.22 CAD
Compilation engagement under Canadian Standard on Related Services (CSRS) 4200 - not an audit or a review
2025 · United States · Published
Programs and financial activity attributed to the United States entity for the year ended 31 December 2025.
Total income
28,038.52 USD
Total expenses
24,038.32 USD
Excess of income over expenses
4,000.20 USD
Prepared on an accrual basis. The report does not state whether an independent professional prepared or reviewed the information.
2024 · Canada · Published
Programs and financial activity attributed to the Canadian entity for its first partial year, 13 May to 31 December 2024.
Total income
4,637.00 CAD
Total expenses
Not yet published CAD
Excess of income over expenses
338.09 CAD
No accountant, compiler or auditor is named in this report. It is not audited, reviewed or compiled.
2024 · United States · Published
Programs and financial activity attributed to the United States entity for the year ended 31 December 2024.
Total income
11,730.19 USD
Total expenses
9,238.77 USD
Excess of income over expenses
2,491.42 USD
Prepared on an accrual basis. No accountant, compiler or auditor is named; it is not audited, reviewed or compiled.
2026 · Organization-wide (reconciled) · In development
Publication follows the close of the reporting year and approval of reconciled program, financial, partner, volunteer and governance information.
Total income
Not yet published
Total expenses
Not yet published
Excess of income over expenses
Not yet published
Accounting basis and level of external professional involvement to be confirmed before publication.
Favored Generation operates through two separate legal entities, one registered in Canada and one in the United States. Each publishes its own report in its own currency.
Some activity counts, such as Hope Kits distributed, laptops provided and volunteers engaged, describe work carried out across the whole organization and therefore appear in both reports. Those counts describe the same activity and must not be added together. A single reconciled organization-wide dataset is in preparation and will be published on the impact pages once approved.
We do not describe financial information as audited. An audit is a specific engagement that produces an independent opinion. Where information was compiled rather than audited, the report says so.
Favored Generation maintains records for donations, expenses, restricted funds, donated goods and program activity. Financial information is reviewed by the appropriate leadership and Board of each legal entity. Every public summary identifies the entity, the currency, the reporting period, and the level of external professional involvement.
Canada · Registered charity
United States · 501(c)(3)
If you find an error in a published report, tell us. We will check it against our records, correct the report, note what changed, and republish it with a revision date. Corrected reports keep their original reporting year and entity.
Funders and partners often need financial detail or policy documents before they appear publicly. Ask us and we will tell you what exists, what is still in approval, and what we can share now.
