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.
67%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 67 cents are available for programs.
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OVERVIEW
About Breakfast Club of Canada:
Breakfast Club of Canada is a 4-star charity. It has an above average results reporting grade and its overhead costs are within Ci’s reasonable range for overhead spending. Ci has given this charity an Average rating for demonstrated impact. The charity has $25.4m in reserve funds, which can cover its annual program costs and grants for around eleven months. Breakfast Club of Canada is financially transparent.
Founded in 1994, Breakfast Club of Canada / Club des petits déjeuners (BCOC) runs breakfast programs in schools in every province in Canada. BCOC aims to provide breakfasts to children so that hunger is not an obstacle to their success. The charity explains that children might skip breakfast because of rushed mornings, limited food access or family emergencies. It reports that a third of children are at risk of skipping breakfast in the morning.
The charity partners with school boards, local community groups, organizations and volunteers to run school nutrition programs. BCOC provides funding, food, equipment and transportation services to its partners. In F2023, Breakfast Club of Canada reports supporting 3,196 school nutrition programs. Of these, 359 were in Indigenous communities. It reaches 426,594 children each day, of which 45,976 are Indigenous.
In F2023, Breakfast Club of Canada granted $12.1m to schools and other organizations to run breakfast programs. The organizations that received the biggest grants were Cantine Pour Tous ($825k), Toronto Foundation for Student Success ($566k),and PEI School Food Program ($348k).
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Results and Impact
In F2023, Breakfast Club of Canada surveyed 916 schools that received its services. 31% of these reported improved learning capacities and academic achievement in their students. 23% reported that BCOC helped them meet students’ basic needs for food and reducing hunger. 20% reported that BCOC helped build a positive school climate, relationships and a sense of community. 12% reported improved wellbeing, mood and behaviour from their students.
In March 2018, HEC Montréal’s Department of Marketing polled 160 parents whose children were in school nutrition programs. 75% of these parents reported that the programs helped their mornings feel less stressful. 59% said they are less worried about their child’s nutrition. 32% reported their child asked them to buy more fruits and vegetables.
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 $18.6m in donations in F2023. The charity also received $15.6m in government funding, representing 50% of total revenues. Government funding decreased by 67% from F2022. The charity received $5.7m worth of goods in kind in F2023. These include food donations and other goods.
Administrative costs are 9% of revenues (excluding investment income), and fundraising costs are 24% of donations, amounting to 33% spent on overhead spending in F2023. This means that for every dollar donated to the charity, 67 cents are available for its program. This is within Ci's reasonable range for overhead spending.
In F2023, BCOC spent $14.9m in its programs and $12.1m in grants (a 71% decrease from F2022). Its programs and grants were 86% of its revenues. It also had $54k in capital expenditures.
In addition to reported salary information, BCOC spent $890k on professional and consulting fees in F2023 ($1.1m in F2022, $740k in F2021). Compensation figures for staff do not include these consulting fees.
BCOC has reserve funds of $25.4m which can cover around eleven months of annual program costs and grants.
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 17, 2024 by Alessandra Castino.
Financial Review
Fiscal year ending June
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.2% | 3.5% | 2.3% |
| Fundraising costs as % of donations | 23.9% | 22.1% | 18.2% |
| Total overhead spending | 33.1% | 25.6% | 20.5% |
| Program cost coverage (%) | 93.7% | 62.1% | 86.0% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 18,571 | 17,668 | 17,831 |
| Goods in kind | 5,659 | 4,012 | 3,561 |
| Government funding | 15,623 | 46,669 | 31,964 |
| Investment income | 1,041 | 252 | 177 |
| Other income | (9,482) | 70 | 1 |
| Total revenues | 31,412 | 68,671 | 53,534 |
| Program costs | 14,932 | 13,013 | 12,837 |
| Grants | 12,128 | 41,767 | 25,415 |
| Donated goods exp | 5,313 | 3,911 | 3,561 |
| Administrative costs | 2,801 | 2,394 | 1,227 |
| Fundraising costs | 4,436 | 3,905 | 3,242 |
| Total spending | 39,610 | 64,989 | 46,281 |
| Cash flow from operations | (8,198) | 3,682 | 7,253 |
| Capital spending | 54 | 117 | 261 |
| Funding reserves | 25,367 | 34,014 | 32,888 |
Note: DEFERRED REVENUE: Ci adjusted for changes in deferred contributions, affecting total revenues by ($9.5m) in F2023, ($2.5m) in F2022, and $8.0m in F2021. Deferred contributions are in other revenue because the charity’s financial statements do not separate government deferred contributions from non-government deferred contributions. ACTIVITY-BASED COSTING: Ci reported administrative and fundraising costs from the charity’s T3010 filings with the CRA. TANGIBLE CAPITAL ASSETS: Ci adjusted for loss on disposal of tangible capital assets, affecting expenses by ($2k) in F2022 and ($58k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
7 |
$80k - $120k |
1 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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