Atlantic Salmon Federation

15 Rankine Mill Rd
Chamcook, NB E5B 3A9
President & CEO: Bill Taylor
Board Chair: Alan Graham

Charitable Reg. #:11879 6150 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

A-

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.

41%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 41 cents are available for programs.



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Programs

About Atlantic Salmon Federation:

Founded in 1948, Atlantic Salmon Federation Canada (ASF Canada) is a science and advocacy organization dedicated to conserving and restoring wild Atlantic salmon populations. ASF Canada overseas a network of seven state and provincial councils, and 103 affiliated groups. In 2018, ASF Canada created a strategic plan identifying four priority areas: ensuring fisheries are sustainable, identifying causes of marine mortality, reducing the negative effects of salmon aquaculture, and removing dams and restoring freshwater habitat. ASF Canada’s programs focus on conservation and habitat restoration (54%), research (27%), and advocacy (19%).

ASF Canada’s habitat restoration program works to remove dams and repair freshwater habitat. In doing this, the charity hopes to improve the long-term survival of Atlantic salmon. ASF Canada’s current projects are focused on the Sheepscot River, home to one of seven critically endangered populations of Atlantic salmon in the Gulf of Maine. In 2018, the charity successfully removed the Cooper Mills dam in Whitfield, Maine. This was the first of four major removals planned on the river.

Through its research program, the charity monitors the health of Atlantic salmon and the effects of predators and human activity on the species at sea. ASF Canada hopes that it can uncover the causes of the decline in population. In 2018, the charity began a multi-year satellite tracking program, tagging and tracking Atlantic salmon off the west coast of Greenland.

The charity’s advocacy program encourages people, communities, and governments to act to preserve wild salmon. ASF Canada advocates for a harvest based on salmon population levels to ensure that the population isn’t being pushed below sustainable levels. The charity also works to implement regulations for open net-pen salmon aquaculture.

ASF Canada shares a close relationship with Atlantic Salmon Federation USA – the charities present combined annual reports for donors.

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Results and Impact

Ci has chosen to highlight the following outcomes.

In F2018, ASF and the North Atlantic Salmon Fund signed an agreement with the union representing hunters and fisherman in Greenland, reducing the commercial harvest of wild Atlantic salmon for 12 years. This agreement reduced the annual cap from 45 tonnes to 20 tonnes.

In F2018, ASF scientists published the world’s longest study on wild Atlantic salmon. This study tracked juvenile salmon from freshwater to the Strait of Belle Isle and observed survival rates.

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Finances

Atlantic Salmon Federation Canada is a medium-sized charity with Canadian donations and special events fundraising totaling $2.1m in F2018. As well, the charity received $2.6m in donations from international donors. The charity’s administrative costs are 13% of revenues and fundraising costs are 46% of Canadian donations and special events revenue. For every dollar donated to the charity, 41 cents go to its programs. This is outside Ci’s reasonable range for overhead spending. ASF Canada has $2.3m in net funding reserves of which, $1.2m are donor-endowed. Excluding door-endowed funds, the charity’s reserves can cover program cost for 4 months.

This charity report is an update that has been sent to Atlantic Salmon Federation Canada. Edits and changes may be forthcoming.

Updated on July 30, 2019 by Stefan Tetzlaff. 

Financial Review


Financial Ratios

Fiscal year ending September
201820172016
Administrative costs as % of revenues 12.9%11.0%11.3%
Fundraising costs as % of donations 46.2%37.7%43.2%
Total overhead spending 59.0%48.8%54.5%
Program cost coverage (%) 73.3%67.3%47.2%

Summary Financial Statements

All figures in $s
201820172016
Donations 1,125,4771,515,6551,190,802
International donations 2,600,0002,444,7002,246,520
Fees for service 92,524102,257106,804
Business activities (net) 79,86282,32295,335
Special events 1,009,368947,7321,028,515
Investment income 105,63266,057126,090
Other income 68,826106,182100,037
Total revenues 5,081,6895,264,9054,894,100
Program costs 3,122,0443,030,8192,843,157
Administrative costs 639,184573,305536,818
Fundraising costs 986,072929,621958,971
Total spending 4,747,3004,533,7404,338,950
Cash flow from operations 334,389731,160555,154
Capital spending 119,96232,68920,972
Funding reserves 2,288,2232,040,8131,340,999

Note: Ci recognized deferred donations as revenue increasing total revenue by $288k in F2018, $686k in F2017, and $398k in F2016. Ci recognized endowment contributions and interest as revenue, increasing total revenue by $8k in F2018, $50k in F2017, and $7k in F2016.  

Salary Information

Full-time staff: 29

Avg. Compensation $76,335

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
1
$120k - $160k
0
$80k - $120k
7
$40k - $80k
2
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.asf.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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