Breakfast Club of Canada
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Average
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
80%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 80 cents are available for programs.
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OVERVIEW
About Breakfast Club of Canada:
Breakfast Club of Canada is a 4-star charity with an A- in results reporting and reasonable overhead costs. Charity Intelligence has found the charity to have average demonstrated impact per dollar donated.
Founded in 1994, Breakfast Club of Canada / Club des petits déjeuners (BCOC) provides breakfast to students to succeed in school. According to the charity, close to two million children are at risk of going to school on an empty stomach each day. BCOC estimates that 2.1 million households in Canada are experiencing food insecurity due to covid-19. The charity runs two programs: School Breakfast and Education and Awareness.
The School Breakfast program accounted for 94% of program spending in F2021. The charity provides food, kitchen equipment, training, and volunteers to Student Nutrition Programs (SNPs). BCOC operates and supports SNPs in each province and territory across Canada. Depending on local needs, BCOC provides various degrees of support to run School Breakfast programs. In F2021, BCOC reached 513,489 children each day and supported 3,361 SNPs. Of these programs, 359 are located in Indigenous communities, serving 41,143 Indigenous children. As of F2021, 632 clubs were on a waiting list.
Education and Awareness accounted for the other 6% of program spending in F2021. The charity collaborates with government stakeholders to raise awareness of food insecurity and its impact on learning. Additionally, BCOC advocates for the implementation of a national school food program.
Recent News: BCOC pivoted its operations and introduced a covid-19 emergency fund to grant money to families and students. With this additional funding, Breakfast Club of Canada was able to reach an additional 200,000 children between January and September 2021.
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Results and Impact
In F2021, Breakfast Club of Canada surveyed 705 respondents, including 172 from Indigenous communities, to identify its program results. Of these respondents, 42% observed positive impacts in attendance and punctuality. 87% observed positive change on student well-being, behaviour, and mood. In 2019, BCOC commissioned Credo, a social impact agency, to conduct an evaluation of its main support models. Results on key metrics were not publicly disclosed.
While Ci highlights these key results, they may not be a complete representation of Breakfast Club of Canada’s results and impact.
Charity Intelligence has given Breakfast Club of Canada an impact rating of Average for demonstrated social impact per dollar spent.
Impact Rating: Average
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Finances
Breakfast Club of Canada received $17.8m in donations in F2021. The charity also received $32.0m in government funding, representing 60% of total revenues. Administrative costs are 2% of revenues (excluding investment income), and fundraising costs are 18% of donations. This means that BCOC spent 20% on overhead in F2021. For every dollar donated to the charity, 80 cents go to the cause, which is within Ci's reasonable range for overhead spending.
BCOC has funding reserves of $32.9m which can cover ten months of annual program costs.
In addition to reported salary information, BCOC spent $740k in F2021 (down from $835k in F2020) on professional and consulting fees. Compensation figures for staff do not include these consulting fees.
This report is an update that has been sent to Breakfast Club of Canada for review. Changes and edits may be forthcoming.
Updated on May 30, 2022 by Ann Lei.
Financial Review
Fiscal year ending June
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 2.3% | 3.4% | 1.8% |
| Fundraising costs as % of donations | 18.2% | 17.2% | 24.9% |
| Total overhead spending | 20.5% | 20.7% | 26.6% |
| Program cost coverage (%) | 86.0% | 85.8% | 159.1% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 17,831 | 15,421 | 12,548 |
| Goods in kind | 3,561 | 4,364 | 3,564 |
| Government funding | 31,964 | 14,460 | 1,945 |
| Fees for service | 0 | 0 | 439 |
| Investment income | 177 | 166 | 159 |
| Other income | 1 | 39 | 7 |
| Total revenues | 53,534 | 34,450 | 18,661 |
| Program costs | 12,837 | 10,727 | 6,268 |
| Grants | 25,415 | 13,748 | 4,394 |
| Donated goods exp | 3,561 | 4,364 | 3,564 |
| Administrative costs | 1,227 | 1,178 | 324 |
| Fundraising costs | 3,242 | 2,657 | 3,119 |
| Total spending | 46,281 | 32,674 | 17,668 |
| Cash flow from operations | 7,253 | 1,775 | 993 |
| Capital spending | 261 | 473 | 178 |
| Funding reserves | 32,888 | 20,997 | 16,958 |
Note: Ci did not adjust for changes in deferred contributions of $8.0m in F2021, $600k in F2020, and $8.8m in F2019 because the audited financial statements do not disclose what proportion of contributions represent Canadian donations versus government funding. Ci reported government funding from the charity’s T3010 filing with the CRA in F2019 and removed the revenue from donations. Ci adjusted for amortization of deferred capital contributions, ($28k) in F2019. Ci adjusted for loss on write-off of intangible assets and loss on disposal of tangible capital assets, affecting expenses by ($58k) in F2021, ($17k) in F2020, and ($14k) in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
2 |
$80k - $120k |
6 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 450-449-4900