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End of Year Financials – as at June 30 2019

The Board of Directors is responsible for furthering Akiva’s mission and ensuring long term financial stability. Our financial position remains very sound as the school ended the year with net assets of $467,000. The following represents a summary of The Akiva School’s audited statement of financial position and statement of operations as at and for the years ended June 30, 2019 and 2018. The Akiva School Foundation ended the year with assets in excess of $2,287,000. For more information regarding the Akiva School Foundation, please contact Suzana Rajic at suzana@akivaschool.com.