University of Regina
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.
78%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.
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Programs
About University of Regina:
University of Regina (UOR) was originally established as Regina College, a small residential high school, by the Methodist church in 1911. In 1974, UOR became a degree-awarding university. University of Regina is a public research university with nearly 200 programs across 10 faculties and 25 departments. UOR has 14,000 full-time and part-time students, a 41% increase in enrolment over the past 10 years. Of these 14,000 students, more than 11% are self-declared as being of Aboriginal descent. The university also has 400 active researchers, including 9 Canada Research Chairs, and 17 research centres and institutes. Per a study conducted by Economic Development Regina Inc., the University’s total Gross Domestic Product was estimated at $408m for Regina and $542m for the province.
In F2016, University of Regina spent $206.5m on its programs, including $156.1m on salaries and employee benefits. UOR gave out $27.2m in scholarships and bursaries. UOR reports that 6,000 current students have work experience relevant to their degrees and that 91% of full-time students are satisfied with the quality of their education. UOR states that its retention of first year students to second year is 85%. As of F2016, its undergraduate graduation rate is 53%. Maclean's University Rankings reports that standout programs at the university are its Philosophy, Politics and Economics, Business Administration, and Creative Technologies programs.
In the 2015-2016 academic year, the university took a decisive step in the development of French-language education and research in the province of Saskatchewan. On July 7th 2015, the Board of Governors of the University of Regina unanimously approved the creation of La Cite universitaire francophone.
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Finances
University of Regina is a big-cap charity with donations of $12.1m in F2016. Administrative costs are 10% of total revenues and fundraising costs are 12% of total donations. For every dollar donated, 78 cents goes towards its programs, falling within Ci’s reasonable range. UOR has net funding reserves of $28.7m which can cover program costs for just over 1 month. UOR has $39.9m in endowment funds.
This charity report is an update that is being reviewed by the University of Regina. Changes and edits may be forthcoming.
Updated on June 23, 2017 by Josh Lam.
Financial Review
Fiscal year ending April
|
2016 | 2015 | 2014 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.0% | 9.7% | 10.3% |
| Fundraising costs as % of donations | 11.8% | 9.7% | 8.7% |
| Program cost coverage (%) | (5.5%) | (6.6%) | 7.5% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 12,087 | 11,109 | 10,970 |
| Government funding | 132,628 | 142,364 | 139,305 |
| Fees for service | 76,122 | 71,090 | 65,978 |
| Business activities (net) | 30,282 | 28,261 | 28,252 |
| Investment income | 688 | 9,686 | 12,703 |
| Other income | 2,403 | 2,733 | 2,035 |
| Total revenues | 254,210 | 265,243 | 259,243 |
| Program costs | 206,509 | 197,269 | 194,602 |
| Administrative costs | 25,273 | 24,765 | 25,375 |
| Fundraising costs | 1,420 | 1,079 | 952 |
| Other costs | 7,724 | 11,737 | 4,224 |
| Cash flow from operations | 13,284 | 30,393 | 34,090 |
| Funding reserves | 28,749 | 26,217 | 49,543 |
Note: UOR does not report administrative and fundraising costs on its audited financial statements. Ci took administrative and fundraising costs from the charity’s T3010 filings. Ci reported sales of services and products revenues net of expenses, reducing both revenues and expenses by $4.5m in F2016, $3.8m in F2015 and by $3.4m in F2014. Ci excluded loss on disposal of capital assets, reducing expenses by $315k in F2016, $130k in F2015 and by $341k in F2014.
Salary Information
$350k + |
1 |
$300k - $350k |
2 |
$250k - $300k |
3 |
$200k - $250k |
4 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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Comments & Contact
Comments added by the Charity:
Charity Contact
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