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.
High
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 RESET Society of Calgary:
RESET Society of Calgary is a 5-star charity with a High impact score. It has best practices in financial transparency. It has an A results reporting grade which is above average. For every dollar donated to the charity, 80 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
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 estimates that about 3,000 women and girls are involved in sexual exploitation in Calgary. RESET reports that 86% of trafficking victims within Canada come from Canada, and that 96% of exploitation victims are women and girls. The most common recruitment age for sex trafficking is 13 to 14 years. RESET Society of Calgary does not provide a financial breakdown of its programs.
A Charity Intelligence 2024 Top 100 Rated Charity.
RESET Calgary’s EXIT (Exploitation Intervention & Transition) program runs three phases: i-EXIT, EXIT and Community Support. These include two-stage housing (supported housing and supportive independent housing), life skills learning, trauma-informed counselling, educational scholarships, employment skills, and community support components. In F2023, 9,530 safe and secure nights were provided to women and children. The charity reports that 91 women were helped with 275+ different Community Supports in F2023.
In F2023, RESET Society of Calgary reports 72 women and children entered the EXIT programs. Of these women, 96% were considered homeless at intake, 94% had issues with addiction, 50% of women were pregnant or had kids, and 30% of women identified as Indigenous, First Nations, or Métis. 14% of participants came to RESET directly from a correctional facility. 87% of participants were supported with their physical health and 87% received mental health support. Since opening, RESET reports supporting over 1,100 individuals.
In F2023, RESET ran its fifth SETA (Sexual Exploitation & Trafficking Awareness) Conference in Calgary, featuring keynotes, panels and workshops to enhance awareness and collaboration. RESET Society of Calgary introduced a two-day Sexual Exploitation & Trafficking Training in F2023, offering real-world insights from law enforcement, service providers, and those with lived experience.
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Results and Impact
At 12-months post-program, 100% of EXIT Program Graduates reported that they were housed. 100% of women indicated that their mental health improved after going through the EXIT program in F2023. Similarly, 84% of women indicated their physical health improved. 84% no longer struggle with stable housing and 82% maintained freedom from sexual exploitation with help from the Community Supports for EXIT.
The charity had a Social Return on Investment Analysis over the 2022-2023 period that suggests that for every dollar invested in EXIT, approximately $12 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 a High impact rating based on demonstrated impact per dollar spent.
Impact Rating: High
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Finances
RESET Society of Calgary received $877k in donations and special events revenues in F2023. It also received $452k in government funding, representing 31% of total revenues. Administrative costs (less investment income) are 15% of revenues and fundraising costs are 5% of donations and special events. This results in total overhead spending of 20%. For each dollar donated, 80 cents are available to go to the cause. This is within Ci’s reasonable range of 65 to 95 cents for overhead spending. In F2023, RESET Calgary spent $1.1m on its programs, which is 79% of total revenue.
In F2023, RESET Society of Calgary had a surplus of $52k and spent $9k on capital expenditures. RESET has $2.3m in reserve funds, representing the charity’s cash and investments. The charity can cover two years and one month of annual programs costs with its current reserves.
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 June 24, 2024 by Alexia Tudose.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 14.6% | 13.7% | 11.0% |
Fundraising costs as % of donations | 5.2% | 0.6% | 0.0% |
Total overhead spending | 19.8% | 14.3% | 11.0% |
Program cost coverage (%) | 205.2% | 239.6% | 285.9% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 629,702 | 668,010 | 798,403 |
Government funding | 452,040 | 428,485 | 428,345 |
Fees for service | 0 | 0 | 0 |
Business activities (net) | 103,379 | 76,682 | 68,003 |
Special events | 246,890 | 22,231 | 28,997 |
Investment income | 8,189 | 18,601 | 192,498 |
Other income | (788) | (1,112) | (2,954) |
Total revenues | 1,439,412 | 1,212,897 | 1,513,292 |
Program costs | 1,132,641 | 1,035,239 | 939,423 |
Administrative costs | 208,967 | 163,940 | 144,865 |
Fundraising costs | 45,391 | 3,953 | 152 |
Other costs | 0 | 0 | 0 |
Total spending | 1,386,999 | 1,203,132 | 1,084,440 |
Cash flow from operations | 52,413 | 9,765 | 428,852 |
Capital spending | 8,977 | 15,802 | 18,265 |
Funding reserves | 2,323,733 | 2,480,679 | 2,686,259 |
Note: Ci backed out amortization pro-rata from program costs, administrative costs, and fundraising costs. This affected total program costs by ($54k) in F2023, ($55k) in F2022, and ($56k) in F2021. Ci adjusted for deferred contributions, affecting total revenues by $28k in F2023, ($44k) in F2022, and $39k in F2921. Ci adjusted for deferred revenues from scholarships, affecting total revenues by ($652k) in F2023, ($745k) in F2022 and $528k in F2021. Ci adjusted for deferred revenues from the casino, affecting total revenues by ($4k) in F2023, ($72k) in F2022, and ($22k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
1 |
$40k - $80k |
6 |
< $40k |
2 |
Information from most recent CRA Charities Directorate filings for F2023
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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
Learn More
RESET Society of Calgary 2022-2023 Annual Report
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-237-8477