Learning Enrichment Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
C
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
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 Learning Enrichment Foundation:
The Learning Enrichment Foundation is a 2-star charity. It has low reported fundraising costs and a below-average results reporting score. Before you give, read Charity Intelligence's report.
Founded in 1978, Learning Enrichment Foundation (LEF) runs programs to help create healthy communities and a socially responsible economy. It does this through five programs: Child Care, Employment, Newcomer Services, Language Training, and Skills Training. LEF reports that on average in F2022, its clients had received an average of five years of services.
In F2022, LEF spent $17.8m on Child Care (68% of program spending). Over the year, 1,455 children were enrolled in the program. This increased 40% from 1,036 children enrolled at the beginning of F2022. Also, 34 children attended care for newcomer children. LEF is one of Toronto's largest childcare providers with more than 20 centres and before and after school programs.
The remaining 32% of program spending in F2022 was divided between Employment, Newcomer Services, Language Training, and Skills Training. 226 clients accessed language training programs and 114 professionals accessed targeted training services. LEF provided six skills training programs in F2022.
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Results and Impact
According to a client survey, before using LEF services 15% of clients surveyed were struggling to meet basic needs. After using the services, this decreased to 8%. Sixty-six percent of respondents had stronger English skills. Eighty-three percent of respondents have better access to the services and support they need since coming to LEF.
While Ci highlights these key results, they may not be a complete representation of Learning Enrichment Foundation’s results and impact.
Charity Intelligence has not rated Learning Enrichment Foundation for demonstrated impact (n/r)
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Finances
In F2022, Learning Enrichment Foundation received $30.1m in total revenues, of which $17.2m (57% of total revenues) was government funding. LEF received $866k in donations. Administrative costs are13% of revenues and fundraising costs are less than 1%. Total overhead costs are13%: for each dollar donated, 87 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Learning Enrichment Foundation has $5.3m in reserve funds that can cover its program costs for 2 months.
Charity Intelligence has sent this update to the Learning Enrichment Foundation for review. Changes and edits may be forthcoming.
Updated on June 28, 2023 by Emily Downing.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.7% | 11.6% | 12.9% |
| Fundraising costs as % of donations | 0.4% | 5.7% | 3.5% |
| Total overhead spending | 13.1% | 17.2% | 16.4% |
| Program cost coverage (%) | 20.4% | 30.8% | 10.2% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 866 | 198 | 317 |
| Government funding | 17,195 | 21,389 | 16,497 |
| Fees for service | 11,436 | 7,418 | 9,236 |
| Business activities (net) | 583 | 459 | 480 |
| Total revenues | 30,079 | 29,465 | 26,530 |
| Program costs | 26,051 | 22,655 | 21,899 |
| Administrative costs | 3,809 | 3,411 | 3,433 |
| Fundraising costs | 4 | 11 | 11 |
| Total spending | 29,863 | 26,078 | 25,343 |
| Cash flow from operations | 217 | 3,387 | 1,188 |
| Capital spending | 0 | 2,088 | 8,209 |
| Funding reserves | 5,324 | 6,989 | 2,238 |
Note: Ci backed out amortization of deferred capital contributions from government funding, affecting total revenues by ($246k) in F2022, ($259k) in F2021, and ($99k) in F2020. To report on a cash basis, Ci adjusted for deferred contributions, affecting government funding by $64k in F2022, $3.1m in F2021, and $705k in F2020. Ci removed advertising costs from administrative costs and program costs and reported these amounts as fundraising costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
2 |
$80k - $120k |
7 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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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: 416-769-0830