Alzheimer Society of BC

300 - 828 West 8th Avenue
Vancouver, BC V5Z 1E2
Acting CEO: Barbara Lindsay
Board Chair: Robert Piasentin

Charitable Reg. #:11878 4891 RR0001

STAR RATING

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

[Charity Rating: 4/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

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.

64%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 64 cents are available for programs.



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OVERVIEW

About Alzheimer Society of BC:

Founded in 1981, Alzheimer Society of B.C. (AZBC) is one of Alzheimer Society of Canada's ten provincial member organizations. AZBC supports people living with or affected by Alzheimer's disease and other dementias by creating a more dementia-friendly society and by funding dementia research in British Columbia. Alzheimer Society of B.C. reports that over 500,000 Canadians are currently living with dementia, and by 2030, that number is projected to increase to 912,000. Alzheimer's disease is a chronic neurodegenerative disease that composes 60-80% of all dementia diagnoses.

Alzheimer Society of B.C. runs three main programs to work towards its vision of an Alzheimer and other dementia-free world; these programs include First Link (Dementia Helpline and Support); Advocacy and Awareness; and Research.

First Link (Dementia Helpline and Support): This program composed 61% of the charity’s program spending in F2020. Its goal is to connect people who are living with dementia and their families to support and educational services. In F2020, AZBC responded to 2,156 calls and made outgoing calls to 9,247 people affected by dementia (up 10% from F2019) through its First Link helpline. The charity also welcomed 1,800 people to 11 caregiver and early stage support groups in 52 communities, in F2020.

Advocacy and Awareness: This program was 24% of program spending in F2020. AZBC offers dementia-focused educational programs and advocates on behalf of those with dementia to ensure their needs are met and voices are heard. In F2020, the charity delivered 683 educational sessions to families in 93 communities.

Research: Research composed 15% of program spending in F2020. Alzheimer Society of B.C. reports focusing on research that explores radical new ways to advance our knowledge of dementia, and that can improve the quality of life for people affected by dementia. In F2020, AZBC highlighted directly investing almost $1.0 million in quality-of-life and biomedical research. The charity created one new cognitive health position at the University of Victoria and funded four research projects in BC 

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Results and Impact

As part of its advocacy work, AZBC helped shape the first-ever Canadian Charter of Rights for People With Dementia and National Dementia Strategy in F2020. On June 17, 2019, the Government of Canada released the country’s first-ever national dementia strategy: A Dementia Strategy for Canada. AZBC had been advocating for this change since June 2017. The charity believes this strategy is the single most powerful tool to improve dementia care and support. Generally speaking, the strategy outlines how the Canadian government will work towards preventing dementia, advancing therapies and finding a cure, as well as improving the quality of life of those affected by dementia.

Charity Intelligence highlights these key results. They may not be a complete representation of Alzheimer Society of B.C.'s results. Charity Intelligence has not assessed impact on AZBC. This shows as n/r, meaning not rated.

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Finances

Alzheimer Society of B.C. received $9.1m in donations and special events revenue in F2020. AZBC also received $3.1m in government funding, representing 25% of total revenues. Administrative costs are 17% of revenues (excluding investment income), and fundraising costs are 20% of donations and special events. For every dollar donated, 64 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending.

The charity has $12.1m in funding reserves, $1.6m of which are donor-endowed funds (including $836k held at the Vancouver and Victoria Foundations). Excluding donor-endowed funds, funding reserves can cover annual program spending for 1.5 years. 

This charity report is an update that has been sent to Alzheimer Society of B.C. for review. Changes and edits may be forthcoming. 

Updated on July 16, 2021 by Rachel Leteta. 

Financial Review


Financial Ratios

Fiscal year ending March
202020192018
Administrative costs as % of revenues 16.9%14.1%16.3%
Fundraising costs as % of donations 19.5%16.6%22.3%
Total overhead spending 36.4%30.6%38.5%
Program cost coverage (%) 144.9%135.5%159.2%

Summary Financial Statements

All figures in $000s
202020192018
Donations 6,6566,7113,963
Government funding 3,0913,1103,928
Special events 2,4742,5442,125
Investment income 261213110
Other income 0028
Total revenues 12,48212,57810,154
Program costs 7,3526,9036,470
Administrative costs 2,0701,7371,633
Fundraising costs 1,7761,5341,357
Total spending 11,19810,1759,459
Cash flow from operations 1,2832,403694
Capital spending 140337133
Funding reserves 12,11311,00311,905

Note: Ci adjusted for amortization of deferred capital contributions, increasing total revenues by $60k in F2020, $47k in F2019, and $42k in F2018. Ci also adjusted for direct mail expenses reported gross of national revenue, affecting revenues and expenses by $475k in F2020, $478k in F2019, and $426k in F2018. Provincial operations of $168k in F2020, $192k in F2019, and $169k in F2018 were included as administrative fees.

Salary Information

Full-time staff: 79

Avg. compensation: $80,158

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
1
$120k - $160k
2
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.alzheimer.ca/bc
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-681-6530

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Charitable Registration Number: 80340 7956 RR0001