Alzheimer Society of BC
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.
B-
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.
61%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 61 cents are available for programs.
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Programs
About Alzheimer Society of BC:
Founded in 1981, Alzheimer Society of B.C. is one of ten provincially-focused members of the Alzheimer Society of Canada. Alzheimer Society of B.C. reports that an estimated 70,000 Canadians are currently living with dementia. The charity works across the province to support people with dementia and their families by engaging a broader community of care around them. The charity strives to create a dementia-friendly society where people with dementia are supported and included. Alzheimer Society of B.C. also funds Alzheimer’s disease research. In F2018, the charity worked with 3,958 healthcare providers and 5,489 new families were referred to its services.
In F2018, 60% of the charity’s program expenditures were spent on its First Link Dementia Helpline, which connects people with dementia and their families to support services, education and information. In F2018, the helpline received 1,778 calls. A total of 15,900 people with dementia and their caregivers are currently engaged through First Link. In F2018, the charity launched the South Asian Dementia Helpline, so individuals and families within South Asian communities can receive language- and culture-specific support.
Alzheimer Society of B.C. offers educational programs for people with early stage dementia, family caregivers, people who work with people with dementia, and the general public. In 2018, the charity delivered 478 educational sessions to families in 69 communities. Educational programs also reached 1,183 healthcare providers.
Alzheimer Society of B.C. provides community programs for people affected by dementia. In F2018, the charity facilitated 127 support groups in 55 communities. Participants in 33 communities attended 2,824 Minds in Motion sessions, a fitness and social program for people experiencing early symptoms of Alzheimer's disease. In addition, Alzheimer Society of B.C. helped to fund four research projects in the province investigating Alzheimer’s disease diagnosis, care, and prevention.
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Finances
Alzheimer Society of B.C. is a large charity, receiving $6.1m in donations and special events fundraising revenue in F2018. The charity also received $3.9m in government funding. Administrative costs are 16% of revenues (excluding investment income), and fundraising costs are 22% of donations and special events. For every dollar donated, 61 cents go to Alzheimer Society of B.C.’s programs. This is outside of Ci’s reasonable range for overhead spending. The charity has $11m in funding reserves, which can cover program costs for 1.7 years.
This charity report is an update that was sent to Alzheimer Society of B.C. Changes and edits may be forthcoming.
Updated on May 30, 2019 by Caroline McKenna.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 16.3% | 16.7% | 15.5% |
| Fundraising costs as % of donations | 22.3% | 20.1% | 32.3% |
| Total overhead spending | 38.6% | 36.8% | 47.8% |
| Program cost coverage (%) | 170.1% | 162.6% | 158.8% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 3,960 | 4,027 | 3,821 |
| Government funding | 3,928 | 3,601 | 2,514 |
| Special events | 2,125 | 2,204 | 1,976 |
| Investment income | 127 | 136 | 143 |
| Other income | 28 | 27 | 18 |
| Total revenues | 10,167 | 9,995 | 8,472 |
| Program costs | 6,470 | 6,555 | 6,102 |
| Administrative costs | 1,633 | 1,648 | 1,288 |
| Fundraising costs | 1,357 | 1,252 | 1,872 |
| Total spending | 9,460 | 9,455 | 9,262 |
| Cash flow from operations | 708 | 540 | (791) |
| Capital spending | 133 | 86 | 1,040 |
| Funding reserves | 11,004 | 10,661 | 9,692 |
Note: Interest income from externally-held endowments that were received during the year were added to investment income, increasing revenues by $16k in F2018, $30k in F2017, and $29k in F2016. To report on a cash basis, Ci did not report amortization of deferred capital contributions and instead reported amounts received during the year, increasing revenues by $39kin F2018, $1k in F2017, and $282k in F2016. Fundraising expenses initially reported net of donations were reallocated to fundraising expenses, increasing revenues and expenses by $426k in F2018, F2017, and F2016. Ci also included provincial operations of $169k in F2018, $123k in F2017, and $115k in F2018 in administrative costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
8 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Interest income from externally held endowments received during the year were included in investment income, increasing revenues by $16k in F2018, $30k in F2017, and $29k in F2016. To report on a cash basis, Ci reported amortization of deferred capital contributions received during the year, increasing revenues by $236k in F2018, $239k in F2017, and $280 in F2016. Fundraising expenses initially reported net of donations were reallocated to fundraising expenses, increasing revenues and expenses by $665k in F2018, $652k in F2017, and $446k in F2016. Ci also included provincial operations of $169k in F2018, $123k in F2017, and $115k in F2018 in fundraising expenses.
Charity Contact
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