Alzheimer Society of Ontario
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.
48%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 48 cents are available for programs.
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OVERVIEW
About Alzheimer Society of Ontario:
Alzheimer Society of Ontario is a 3-star charity. It has a B+ results reporting score, which is above average. Its overhead spending is outside Ci’s reasonable range, and it has enough reserve funds to cover almost one year of its annual program costs.
Founded in 1983, Alzheimer Society of Ontario (ALZO) is one of ten provincial societies working with Alzheimer Society of Canada. The provincial societies work together to alleviate the personal and social consequences of Alzheimer’s disease. They also promote and fund research. ALZO has four main programs: Programs and Services, Local Societies, Research, and Government Health Programs.
In the fiscal year ending March 2024 (F2024), ALZO spent $5.9m (70% of program spending) on Programs and Services. ALZO’s First Link program connects people with dementia and their care partners to information and services. Minds in Motion offers group exercise classes to people with dementia. In F2024, ALZO held 354 in-person eight-week sessions with 1,089 new participants. It also held 79 virtual sessions with 221 new participants. U-First is an educational program for healthcare providers and caregivers. In F2024, U-First offered 167 six-hour workshops and 12 three-week e-learning courses for healthcare providers. Over 2,700 healthcare providers participated in U-First in F2024.
ALZO spent $1.1m (13% of program spending) on Local Societies in F2024. ALZO has 26 local societies across Ontario. In F2024, all local societies offered First Link. 20 societies offered Minds in Motion, with 11 offering virtual and in-person sessions.
ALZO spent $913k (11% of program spending) on Research in F2024. The Alzheimer Society Research Program (ASRP) invested $6.0m in over 44 researchers and their projects nationally. In F2024, 12 funded research projects were located in Ontario.
ALZO spent $528k (6% of program spending) on Government Health Programs in F2024. In F2024, ALZO partnered with other provincial Alzheimer societies to develop an e-learning course funded by the Public Health Agency of Canada. The course is called “Building Dementia-Friendly Communities" (DFC). DFC includes a component called Finding Your Way (FYW). FYW prepares families for what to do if the person they are supporting goes missing. In F2024, DFC/FYW trained over 38,000 people on how to create more dementia-friendly communities. ALZO provided 1,918 DFC/FYW education sessions in F2024. ALZO partnered with 104 organizations to provide DFC/FYW trainings for their staff.
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Results and Impact
Alzheimer Society of Ontario conducted a survey of over 3,700 First Link clients in F2024. The survey found that:
- 62% of care partners currently providing care to someone in the community said that connection with their local Alzheimer Society helped them to provide care at home longer.
- 7% of care partners currently supporting someone in assisted living or long-term care homes noted that Alzheimer Society support delayed their decision to access assisted living or longterm care.
- 84% of people living with dementia and 75% of care partners reported that the services received from the Alzheimer Society improved their overall quality of life.
- 90% of people living with dementia and 96% of care partners reported that the Alzheimer Society provided them with helpful information.
- 95% of people living with dementia and care partners indicated that they are likely or very likely to recommend the Alzheimer Society to others affected by dementia.
In F2024, 96% of U-First participants indicated that their U-First training would be useful on the job.
ALZO produced a podcast called “Dementia Dialogue” in F2024. 77% of listeners surveyed said that listening to the podcast increased their understanding of living with dementia and 87% believe that the podcasts can help decrease stigma for people living with dementia.
While Ci highlights these key outcomes, they may not be a complete representation of Alzheimer Society of Ontario’s results and impact.
This charity is not yet rated on impact (n/r).
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Finances
In F2024, Alzheimer Society of Ontario received $13.7m in donations. It also received $528k in government funding (3% of total revenue). Administrative costs are 8% of total revenue (excluding investment income) and fundraising costs are 45% of donations. Overhead spending is 52%, which is outside Ci’s reasonable range. For every dollar donated, 48 cents are available for the cause. In F2024, ALZO spent $8.4m on its programs and grants (54% of total revenue).
In F2024, Alzheimer Society of Ontario had a deficit of $234k and spent $230k on capital expenditures.
At the end of F2024, ALZO had $8.2m in reserve funds (cash and investments). This is enough to cover 98% or almost one year of its annual program costs.
This charity profile is an update that was sent to Alzheimer Society of Ontario for review. Changes and edits may be forthcoming.
Updated on August 13th, 2024 by Thea Clark.
Financial Review
Fiscal year ending March
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.8% | 7.6% | 5.6% |
| Fundraising costs as % of donations | 44.5% | 41.1% | 29.6% |
| Total overhead spending | 52.3% | 48.6% | 35.2% |
| Program cost coverage (%) | 97.6% | 109.5% | 100.2% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 13,742 | 12,692 | 17,680 |
| Government funding | 528 | 968 | 1,683 |
| Business activities (net) | 362 | 483 | 467 |
| Investment income | 810 | 217 | 250 |
| Total revenues | 15,442 | 14,359 | 20,079 |
| Program costs | 7,356 | 6,824 | 6,560 |
| Grants | 1,058 | 1,135 | 3,270 |
| Administrative costs | 1,144 | 1,074 | 1,118 |
| Fundraising costs | 6,118 | 5,210 | 5,233 |
| Total spending | 15,676 | 14,243 | 16,182 |
| Cash flow from operations | (234) | 116 | 3,898 |
| Capital spending | 230 | 113 | 139 |
| Funding reserves | 8,209 | 8,717 | 9,849 |
Note: AMORTIZATION: Ci removed amortization of capital assets and of property and equipment from administrative costs. DEFERRED REVENUE: Ci adjusted for deferred donations, affecting total revenue by $44k in F2024, ($479k) in F2023, and $380k in F2022. LOCAL SOCIETIES: Ci recorded expenses paid to local Societies as program costs and expenses paid to Alzheimer Society of Canada as fundraising costs. UNREALIZED GAIN (LOSS) ON INVESTMENTS: Ci included unrealized gain (loss) on investments in investment income, affecting total revenue by $426k in F2024, ($62k) in F2023, and ($27k) in F2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
3 |
$80k - $120k |
4 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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