Eden Food for Change
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.
D
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Good
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.
77%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 77 cents are available for programs.
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OVERVIEW
About Eden Food for Change:
Eden Food for Change is a 2-star rated, financially transparent charity with Good demonstrated impact. It has a poor results reporting grade and its overhead spending is within Ci’s reasonable range. Eden Food for Change has $1.3m in reserve funds, which can cover a year and seven months of program costs.
Founded in 2002, Eden Food for Change (EFFC) hopes to increase access to good food in a dignified manner in western Mississauga. It encourages healthy eating and empowers the community through education and outreach. Eden Food for Change reports that 17% of people in Mississauga face food insecurity. The charity has two main programs, the Food Bank and the Learning Kitchen.
The charity does not disclose total program spending, not does it state how much it spends on each program.
Eden Food for Change’s Food Bank program allows individuals to pick up 7 to 10 days of food each month. The amount of food each client receives is based on the size of their family. The charity does not report on what has happened recently; however, it reports that in F2018, nearly 500,000 pounds of food were distributed through the Food Bank to 467 households. Around 50% of the food was fresh produce.
Eden Food for Change’s Learning Kitchen program teaches cooking skills and nutritional education to its food bank participants. The Learning Kitchen also offers community members cooking classes that teach basic kitchen and food preparation skills. The food that is prepared through these classes is distributed through EFFC’s Food Bank program.
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Results and Impact
Charity Intelligence did not find any quantified outcomes on Eden Food for Change’s website. This may not be a complete representation of EFFC’s results and impact.
Charity Intelligence has given Eden Food for Change a Good impact rating based on demonstrated impact per dollar spent.
Impact Rating: Good
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Finances
Eden Food for Change is a financially transparent charity. Its audited financial statements are publicly available on its website.
Eden Food for Change had monetary donations and special events income of $934k and in-kind donations of $34k in F2022. Administrative costs are 17% of revenues and its fundraising costs are 6% of donations. For every dollar donated to the charity, 77 cents are available for programs, which is within Ci’s reasonable range for overhead spending.
Eden Food for Change does not report how much it received in food donations on its audited financial statements for F2022.
Eden Food for Change’s reserve funds of $1.3m can cover a year and seven months of annual program costs.
This charity report is an update that has been sent to Eden Food for Change for review. Changes and edits may be forthcoming.
Updated on August 30, 2023 by Victoria Allder.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 17.1% | 14.5% | 2.5% |
| Fundraising costs as % of donations | 6.1% | 2.8% | 2.3% |
| Total overhead spending | 23.1% | 17.3% | 4.9% |
| Program cost coverage (%) | 157.9% | 150.2% | 118.3% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 627,050 | 576,054 | 1,113,947 |
| Goods in kind | 34,032 | 39,824 | 20,245 |
| Government funding | 99,507 | 195,178 | 328,311 |
| Business activities (net) | 273,226 | 348,701 | 307,593 |
| Special events | 69,824 | 102,651 | 17,992 |
| Other income | 247,537 | 147,846 | 0 |
| Total revenues | 1,351,176 | 1,410,254 | 1,788,088 |
| Program costs | 827,555 | 803,817 | 761,510 |
| Administrative costs | 230,795 | 204,414 | 45,444 |
| Fundraising costs | 42,145 | 18,743 | 26,385 |
| Total spending | 1,100,495 | 1,026,974 | 833,339 |
| Cash flow from operations | 250,681 | 383,280 | 954,749 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 1,306,444 | 1,207,019 | 901,171 |
Note: Ci adjusted for deferred revenue, affecting revenue by $248k in F2022, $148k in F2021 and $38k in F2020. Ci did not include accretion of asset retirement obligation in expenses, reducing expenses by $2k in F2022, $2k in F2021 and $1k in F2020. All salary costs were included in program costs. Ci reported administrative costs from the charity's T3010 filing with the CRA and backed out the difference in administrative costs between the T3010 filings and the audited financial statements from program costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
6 |
< $40k |
3 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
No comments have been provided by the charity.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (905)-785-3651