UforChange

563 Dundas Street East, Suite 206
Toronto, ON M5A 2B7
Executive Director: Chalo Hancock
Board Chair: Gina Gentili

Website: www.uforchange.org
Charitable Reg. #: 83989 3500 RR0001
Sector: Social Services - At-Risk Youth
Operating Charity

Donor Accountability

Grade: A

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #3

Avg. Compensation $62,591

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 2
< $40k 1
Information from most recent CRA Charities Directorate filings for F2016

About UforChange:

Founded in 2012, UforChange Movement (UforChange) was born out of a pilot project within the Wellesley Institute. Its mission is to mentor youth pursuing their artistic and aspirational passions in an inclusive environment. UforChange operates in the heart of downtown Toronto and runs creative arts programs for youth aged 16 to 29. In F2016, UforChange reached 379 youth across all programming, (325 in F2015), of which 156 received ongoing support.

Its flagship Core Arts program runs for eight months and gives youth intensive arts and life skills training in one of four specialties: music, film, photography, or fashion. Youth are paired with mentors who help them develop skills for pursuing higher education, employment, and entrepreneurship in the subject they choose. At the end of each annual program cycle, UforChange runs Vivacity, a final showcase where youth present a finished piece of work that demonstrates the skills they learned. In F2016, 167 youth participated in the Core Arts program (165 in F2015), and 80 students graduated (85 in F2015). UforChange reports that in 2016, 23 of its clients gained internships or paid arts sector opportunities (16 in F2015) and 23 of its clients enrolled in post-secondary education (25 in F2015).

UforChange plans to implement Business Labs as part of its Core Arts program in cycle 13 of programming. Business Labs will teach youth how to start their own business, freelance, and other entrepreneurship essentials.

UforChange also runs theatre workshops where youth gain experience in improv, character development, and script writing. New in 2016, UforChange started Workshops in the 6ix, an accelerated arts learning program for youth who cannot commit to the standard eight-month Core Arts programs. There are workshops available for spoken word, business in the arts, grant writing, mobile photography, screen-printing, and jewellery design. Based on a third-party evaluation done by Mendicant Group in 2016, 95% of survey respondents agreed that the workshops they attended taught them new skills.

Financial Review:

UforChange is a micro-cap charity with total donations and special events fundraising of $106k in F2016. Administrative costs are 11% of revenues and the charity reports no fundraising costs. Per dollar donated to UforChange, $0.89 goes towards its programs, which falls within Ci’s reasonable range for overhead spending. Funding reserves of $80k can cover only 21% of annual program costs, indicating a funding need.

This charity report is an update that is currently being reviewed by UforChange. Comments and edits may be forthcoming.

Updated on August 16, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 10.8%12.9%22.9%
Fundraising costs as % of donations 0.0%0.0%0.0%
Program cost coverage (%) 20.7%12.8%13.5%

Summary Financial Statements

All figures in $s
201620152014
Donations 89,38894,532120,220
Government funding 266,943261,053250,000
Fees for service 60,17397,72191,937
Special events 16,21800
Other income 6,28413,9022,473
Total revenues 439,006467,208464,630
Program costs 384,421386,551373,829
Administrative costs 47,50760,341106,449
Fundraising costs 000
Cash flow from operations 7,07820,316(15,648)
Funding reserves 79,64649,50150,288
Note: Ci included marketing and PR expenses of $8k in F2015 and $7k in F2014 in program costs.

Comments added by the Charity:

No comments have been added by this charity.

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