RESET Society of Calgary
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.
87%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 87 cents are available for programs.
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OVERVIEW
About RESET Society of Calgary:
RESET Society of Calgary is a 5-star charity. It has an above-average results reporting grade, is financially transparent, and has Average demonstrated impact.
Founded in 1989, RESET Society of Calgary (formerly known as Servants Anonymous Society of Calgary) helps women and children who are victims of sexual exploitation and/or sex trafficking. RESET reports that more than 90% of trafficking victims within Canada come from Canada. The most common recruitment age for sex trafficking is 13 to 14 years. RESET estimates that about 3,000 women and girls are involved in sexual exploitation in Calgary.
A Charity Intelligence 2022 Top 5 Calgary Impact Charity
RESET Calgary’s EXIT program includes two-stage housing (supported housing and supportive independent housing), life skills, trauma-informed counselling, educational scholarships, employment skills, and community support components. In F2021, RESET Calgary provided 79 women and their children with housing, supports, and life skills development opportunities through the EXIT program.
Of these women, 92% were considered homeless at intake. 86% had issues with addiction, 30% of the women were pregnant or had children, and 26% of the women identified as Indigenous, First Nations, or Métis. 15% of participants came to RESET directly from a correctional facility. 25% entered directly from a medical facility and 23% entered from an addiction treatment facility. 64% of women received mental health support.
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Results and Impact
100% of women indicated that their mental health improved after going through the EXIT program in F2021. 92% no longer struggled with stable housing and 95% maintained freedom from sexual exploitation with support from the Community Supports for EXIT.
The charity had a Social Return on Investment Analysis over the 2018-2020 period that suggests that for every dollar invested in EXIT, approximately $9 in social and economic value is created.
While Ci highlights these results, this may not be a complete representation of RESET Calgary's results and impact.
Charity Intelligence has given RESET Calgary an Average impact rating based on demonstrated impact per dollar spent.
Impact Rating: Average
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Finances
RESET Calgary received $760k in donations and special event revenues in F2022. Administrative costs are 13% of total revenues and reported fundraising costs are nearly 0% of donations. This results in total overhead spending of 13%. For each dollar donated, 87 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
This charity report is an update that has been sent to RESET Society of Calgary for review. Changes and edits may be forthcoming.
Updated on July 12, 2022 by Emily Downing.
October 2022 RESET posted its audited financial statements and now meets best practices in financial transparency.
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.9% | 11.3% | 11.9% |
| Fundraising costs as % of donations | 0.5% | 0.0% | 9.7% |
| Total overhead spending | 13.4% | 11.4% | 21.7% |
| Program cost coverage (%) | 174.5% | 164.0% | 149.4% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 666,316 | 793,956 | 610,706 |
| Government funding | 437,628 | 406,909 | 465,339 |
| Business activities (net) | 76,682 | 68,003 | 98,209 |
| Special events | 93,994 | 7,103 | 243,275 |
| Investment income | 18,601 | 192,498 | (17,620) |
| Other income | 1,327 | 965 | 2,962 |
| Total revenues | 1,294,548 | 1,469,434 | 1,402,871 |
| Program costs | 1,035,239 | 939,423 | 960,915 |
| Administrative costs | 163,940 | 144,865 | 169,362 |
| Fundraising costs | 3,953 | 152 | 83,106 |
| Total spending | 1,203,132 | 1,084,440 | 1,213,383 |
| Cash flow from operations | 91,416 | 384,994 | 189,488 |
| Capital spending | 15,802 | 18,265 | 10,220 |
| Funding reserves | 1,806,890 | 1,540,651 | 1,435,195 |
Note: Ci backed out amortization pro-rata from program costs, administrative costs, and fundraising costs. Ci adjusted for deferred non-government grants and donations and deferred capital contributions amortized during the year, affecting total revenues by ($36k) in F2022, $19k in F2021, and $117k in F2020. Ci adjusted for unrealized gains (losses), realized gains (losses), government subsidies, covid relief grants, and government grants, affecting total revenues by $22k in F2022, $378k in F2021, and ($57k) in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
5 |
< $40k |
4 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Additional reading: Valerie Fortney, "Christmas Fund: Reset Society transforms the lives of sexually exploited women and girls", Calgary Herald, December 8, 2017
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-237-8477