YMCA of Greater Toronto
Toronto, ON M4S 2C6
President & CEO: Medhat Mahdy
Board Chair: Tim Penner
Charitable Reg. #: 11930 7080 RR0001
Social Results Reporting
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #1,293
Avg. Compensation $56,296
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||3|
|$160k - $200k||6|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About YMCA of Greater Toronto:
Founded in 1868, YMCA of Greater Toronto (YMCA-GT) offers opportunities for personal growth, community involvement and leadership. Its vision is to make Greater Toronto's communities home to the healthiest kids. YMCA-GT reports that too many kids are inactive (20% of youth in the GTA are over-weight or obese, 95% of 5-17 year olds are not getting the recommended daily exercise). YMCA-GT operates more than 375 program sites across the GTA with over 511,000 members. Its biggest operations are fitness gyms and child care centres; YMCA-GT has more than 162,000 fitness centre members (which decline 2% in F2014). Through 250 child care centres, YMCA-GT is the largest licensed child care provider in Canada with 73,300 children in its child care centres (a 26% increase in F2014).
YMCA is in a 2-part campaign to raise $100m in donations: Part I seeks to raise $51.4m to open 5 YMCA's in Toronto, and Part II to raise $52.2m to open 10 YMCA's in the 905 area by 2020.
As a charity, YMCA-GT provides financial assistance in the form of subsidized child care and gym memberships to those in need. Total charity subsidies provided in F2014 were $6.2m, 4% of total operating costs.
YMCA-GT has administrative costs at 11% of revenues and fundraising costs at 22% of donations. Funding reserves of $29.3m cover 19% of annual program costs. Fundraising and administrative costs are taken from the charity's T3010 CRA filing as the audited financial statements do not provide an allocation of these expenses.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||10.6%||9.8%||10.0%|
|Fundraising costs as % of donations||21.9%||24.3%||33.6%|
|Program cost coverage (%)||19.4%||14.4%||14.5%|
Summary Financial StatementsAll figures in $000s
|Fees for service||87,080||101,418||96,885|
|Cash flow from operations||12,643||3,114||3,670|