Fort Good Hope

Financial data for Fort Good Hope for fiscal year 2020-21. Fort Good Hope is a First Nation in Northwest Territories with a registered population of 1,008 and an on-reserve population of 616. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Fort Good Hope's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$370K surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$963K
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$592K
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$273K
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$447K
As of fiscal year end 2020-21
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$174K (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$61K
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$289K
Total accumulated surplus

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.