Revenue Canada - Watch Tower Canada Financial Report

Ianone

Canadian Registered Charities - Detail Page

Charity Name:
WATCH TOWER BIBLE AND TRACT SOCIETY OF CANADA

This the most current information provided by the charity itself. The Charities Directorate provides the BN/Registration number, the category code, and the designation code. The Charities Directorate has not necessarily verified the information provided by the Charity.

Registered Charity Information Returns are available online starting with those filed for fiscal periods ending in 2000.

Please note that only charities that filed using the Registered Charity Information Returns Form, version T3010(00), (01), (02) and T3010A are displayed online.

BN/Registration Number: 119288918RR0001
Correspondence Language: English
Address: 1806-683 10TH STREET S.W.
City: CALGARY
Province: AB
Postal Code: T2P5G3
Country: CA

2004
Registered Charity Information Return
for
WATCH TOWER BIBLE AND TRACT SOCIETY OF CANADA

Basic Information Sheet
Designation Charitable Organization
Fiscal Period End 2004-08-31
Registration Date 1967-01-01
BN/registration number 119288918RR0001
Telephone number (905) 873-4100
Fax number
E-mail address

Web site address

Contact Name and Position CLAYTON HANSON
Names the charity is known by
other than its registered name:

Program areas: The three primary areas in which the charity is now carrying on programs to achieve its charitable purposes are listed below. The program areas are ranked according to the percentage of time and resources devoted to each program area.
Rank Description Field Code % of
Emphasis
1
2
3
Section A. Identification
A1 Has the charity made any changes to its governing documents (e.g., letters patent, articles of incorporation, constitution, trust, or by-laws) that it has not previously reported?
1500
Yes

A2 Was the charity an internal division regulated by the governing documents of another charity (i.e., it had no governing documents establishing its independent existence)? If yes, what is the name and BN/registration number of the other charity?
1510
No

Name:

BN/registration number:

A3 Was the charity linked to a provincial, national, or international organization? If yes, what is the name of this organization and its BN/registration number (if applicable)? 1540
Yes

Name:

BN/registration number:

A4 Has the charity wound-up, dissolved, or terminated operations?
1570
No

A5 Has the charity amalgamated, merged, or consolidated with another organization? 1580
No

B1 Has the Charity attached a list of Director/Trustees and Like Officials? 1700
Yes

You can click on Directors/Trustees and Like Officials to open a new window that displays each person's name (first, middle initial and last name), position in the charity, and their arm's length status.

Section C. Programs and General Information
C1 Was the charity inactive during the fiscal period? If yes, please explain why in the "Ongoing programs" space below. 1800
No

C2 Describe how the charity carried out its charitable purposes during the fiscal period. Give detailed information so a reader can clearly understand what the charity actually did to fulfill its mandate. Describe the charity's ongoing programs and new programs in the spaces provided below. Do not attach additional sheets of paper or annual reports. Do not include a description of fundraising activities in this section. Grant-making charities should describe the types of organizations they support. Please number each program.
Ongoing programs:
THE SOCIETY WORKS WITH THE ORDER OF SPECIAL FULL-TIME SERVANTS OF JEHOVAH'S WITNESSES TO ADMINISTER AND DIRECT A BIBLE EDUCATIONAL WORK. THIS INCLUDES THE CONDUCTING OF SPECIAL TRAINING SCHOOLS FOR THOSE WHO TAKE THE LEAD IN THE PREACHING ACTIVITY OF JEHOVAH'S WITNESSES. DURING THE 2004 FISCAL YEAR THE SOCIETY FINANCIALLY SPONSORED 36 ANNUAL CONVENTIONS IN 23 LOCATIONS WITHIN CANADA TO PROMOTE OUR BIBLE EDUCATIONAL WORK. WE PRINT AND DISTRIBUTE RELIGIOUS MATERIAL WHICH IS USED IN PROMOTING BIBLE EDUCATION. DURING THE 2004 FISCAL YEAR, WATCH TOWER, AT ITS PRINTERY IN GEORGETOWN, ONTARIO, PRINTED THE FOLLOWING ITEMS: 11,484,136 COPIES OF THE SEMIMONTHLY BIBLE JOURNAL THE WATCHTOWER; 10,923,207 COPIES OF AWAKE (A COMPANION JOURNAL TO THE WATCHTOWER); 4,019,338 BLBIE-BASED BROCHURES; 62,766,550 BIBLE-BASED TRATS. DURING THIS SAME YEAR, WATCH TOWER SHIPPED 5,562,653 BIBLES AND OTHER BIBLE STUDY PUBLICATIONS (NOT INCLUDING THE WATCHTOWER AND AWAKE) TO CONGREGATIONS OF JEHOVAH'S WITNESSES IN CANADA FOR DISTRIBUTION TO MEMBERS AND THE GENERAL PUBLIC AT NO CHARGE. WE DONATE FUNDS AND RELIGIOUS LITERATURE TO SPECIFIC COUNTRIES IN SUPPORT OF THE WORLDWIDE BIBLE EDUCATIONAL WORK OF JEHOVAH'S WITNESSES. WE WORK WITH THE ORDER OF SPECIAL FULL-TIME SERVANTS IN DIRECTING AN ONGOING PROGRAM OF CONSTRUCTING AND RENOVATING PLACES OF WORSHIP KNOWN AS KINGDOM HALLS.

Section E. Financial Information
E1 Please attach a copy of the charity's financial statements to this return. 4000
Yes

E2 May we make the attached financial statements available to the public? 4010
No

If the charity has indicated its financial statements are available to the public and you would like a copy, please contact us.
E3 Was the financial information reported below prepared on an accrual or cash basis? 4020
ACCRUAL
E4 Figures are shown to the nearest single dollar.
Assets
Cash, bank accounts, and short-term investments 4100
$ 1,926,693

Amounts receivable from non-arm's length parties 4110

Amounts receivable from all others. 4120
$ 16,402,317

Investments in non-arm's length parties 4130

Section F. Other Required Information
F1 What were the total expenditures on programs outside Canada during the fiscal period, excluding gifts to qualified donees? 5400
$ 12,835,599

F2 If the charity retained contracted fundraiser(s), enter:
a) the gross revenues collected by the fundraiser(s) on behalf of the charity 5450

b) the amounts paid to and/or retained by the fundraiser(s) 5460

c) the net fundraising revenue received by the charity (line 5450 minus line 5460) 5470

F3 If the charity has written permission to accumulate property, enter:
· the amount accumulated for the fiscal period, including income earned for the fiscal period on previously accumulated funds 5500

· the amount disbursed for the fiscal period for the specified purpose we have granted permission for 5510

· the amount deemed to be a tax-receipted gift for the fiscal period. 5520

F4 Of the tax-receipted gifts received by the charity for the fiscal period, enter:
· the total amount of tax-receipted non-cash gifts (gifts in kind) 5600
$ 1,519,581

· the total amount of tax-receipted tuition fees? 5610

· the total amount of tax-receipted ten-year gifts 5620

· the total amount of tax-receipted bequests 5630
$ 2,905,356

F5 If the charity received ten-year gifts or bequests in a previous fiscal period and used them to reduce its disbursement quota, enter the amount, if any, spent in the fiscal period. 5700
$ 3,857,916

F6 If the charity is taking a special reduction, which we have pre-approved, to its disbursement quota, enter the special reduction amount for the fiscal period. 5750

F7 Did the charity acquire a non-qualifying security or allow a donor to use any of the charity's property under the circumstances described in the guide during the fiscal period? 5800
No

Long-term investments 4140
$ 28,835,588

Inventories 4150
$ 1,056,435

Capital assets 4160
$ 41,037,777

Other assets 4170
$ 1,351,437

Total assets
4200
$ 90,610,247

Liabilities
Accounts payable and accrued liabilities. 4300
$ 1,236,865

Deferred revenue 4310

Amounts owing to non-arm's length parties 4320
$ 185,854

Other liabilities 4330
$ 27,177,586

Total liabilities
4350
$ 28,600,305

Amount included in lines 4150, 4160, and 4170 not used in charitable programs 4250

E5 Figures are shown to the nearest single dollar.
Revenue
Total tax-receipted gifts 4500
$ 12,214,226

Total gifts received from other registered charities 4510
$ 7,263,781

Total specified gifts included in line 4510 4520

Total other gifts 4530
$ 6,114,301

Revenue from federal government 4540

Revenue from provincial/territorial governments 4550

Revenue from municipal/regional governments 4560

Total revenue from government 4570

Interest and investment income 4580
$ 1,301,605

Proceeds from disposition of assets
· gross 4590
$ 811,365

· net 4600
$ -90,350

Rental income (land and buildings) 4610

Memberships, dues, and association fees (non tax-receipted) 4620

Total revenue from fundraising 4630

Total revenue from sale of goods and services (except to government) 4640

Other revenue 4650
$ 646,926

Total revenue
4700
$ 27,450,489

Expenditures (Enter all expenditures, whether or not on charitable programs)
Advertising and promotion 4800

Travel and vehicle 4810
$ 1,715,074

Interest and bank charges 4820
$ 15,636

Licences, memberships, and dues 4830
$ 13,852

Office supplies and expenses 4840
$ 185,350

Occupancy costs 4850
$ 8,717,835

Professional and consulting fees 4860
$ 395,825

Education and training for staff and volunteers 4870
$ 58,599

Salaries, wages, benefits, and honoraria 4880

Donated and purchased supplies and assets expensed for the fiscal period 4890
$ 14,558,315

Amortization of capitalized assets 4900

Research grants and scholarships as part of charitable programs 4910

Other expenditures 4920
$ 354,938

Total expenditures before gifts to qualified donees
4950
$ 26,015,424

Total charitable programs expenditures included in line 4950 5000
$ 25,142,831

Total management and administration expenditures included in line 4950 5010
$ 872,593

Total fundraising expenditures included in line 4950 5020

Total political activity expenditures included in line 4950 5030

Total other activity expenditures included in line 4950 5040

Total gifts to qualified donees 5050
$ 6,775

Total expenditures
5100
$ 26,022,199

These are only fragments from the report, go here for full report from official Revenue Canada website:
http://www.cra-arc.gc.ca/dchmf/haip/srch/sec/SrchInput04Render-e?bn=119288918RR0001&name=WATCH+TOWER+BIBLE+AND+TRACT+SOCIETY+OF+CANADA

Ianone

Directors / Trustees and Like Officials - WATCH TOWER BIBLE AND TRACT SOCIETY OF CANADA
7 Directors / Trustees and Like Officials.
Registered charities that notice problems with their online information should visit the amendments page for instructions on how to correct the information. # Name Position Arm's length 1 KENNETH A LITTLE PRESIDENT Yes 2 THOMAS R JONES VICE-PRESIDENT Yes 3 ANDRE F RAMSEYER SECRETARY-TREASURER Yes 4 DONALD M MILLS DIRECTOR Yes 5 ERNEST FUNK DIRECTOR Yes 6 WALTER A TRUBYK DIRECTOR Yes 7 DONALD F KIRKLAND DIRECTOR Yes

Ianone

Sorry that is a little hard to read, here it is:

Directors / Trustees and Like Officials - WATCH TOWER BIBLE AND TRACT SOCIETY OF CANADA

7 Directors / Trustees and Like Officials.

Registered charities that notice problems with their online information should visit the amendments page for instructions on how to correct the information.
# Name Position Arm's length
1 KENNETH A LITTLE PRESIDENT Yes
2 THOMAS R JONES VICE-PRESIDENT Yes
3 ANDRE F RAMSEYER SECRETARY-TREASURER Yes
4 DONALD M MILLS DIRECTOR Yes
5 ERNEST FUNK DIRECTOR Yes
6 WALTER A TRUBYK DIRECTOR Yes
7 DONALD F KIRKLAND DIRECTOR Yes

metatron

If I'm reading it right, revenue is only a bit ahead of expenditures.

Explains why they're so tight with money.

metatron

jgnat

A smart charity would be sure expenditures matched revenue. Expenditures could be for capital assets or land held for a rainy day, remember.

Gerard

It all boils down to this:

Total revenue $ 27,450,489

Total charitable programs expenditures: $ 25,142,831

Travel and vehicle: $ 1,715,074

Salaries, wages, benefits, and honoraria: Zero

This begs the question: who got to e the $25 millions the WT gave away?

I am sure they donate it to themselves... to a WT's ghost company for money laundering.

Jourles

Licences, memberships, and dues 4830

$ 13,852

Professional and consulting fees 4860

$ 395,825

Education and training for staff and volunteers 4870

$ 58,599

These are items I would be interested in seeing a breakdown of. Licenses, memberships and dues, for what? Licenses can encapsulate just about anything including the renewal of a wireless license that covers their campus. Membership dues for the UN?

My best guess for "Professional and Consulting" fees would be for child abuse lawsuits?? Notice that this is one of the larger 3rd party expenditures.

Education for staff? No doubt for training the next generation of bethel attorneys at the finest University. Otherwise, there should be no charges for training bethelites in spiritual matters.

Jourles

who got to e the $25 millions the WT gave away?

They donated it to the charitable foundation of the Christian Association of Jehovah's Witnesses in the USA. There should be no question as to this statement being truthfully accurate.

tall penguin

E2 May we make the attached financial statements available to the public? 4010
No

Of course not.
tp

Gerard

who got the $25 millions the WT gave away?
They donated it to the charitable foundation of the Christian Association of Jehovah's Witnesses in the USA. There should be no question as to this statement being truthfully accurate

Exactly! That is my point. They donate money to themeselves, their net revenue becomes $25 Million and as a charitable organization dodge all taxes in between. Brilliant scam. Within the last year, the WTBTS has steadily increased these multi-billion dollar egg nests in JP Morgan accounts:

Revenue Canada - Watch Tower Canada Financial Report

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