One Drop Foundation

550 Beaumont, Suite 400
Montreal, QC H3N 1V1
CEO: Catherine B. Bachand
Board Chair: Guy Laliberté

Website: www.onedrop.org
Charitable Reg. #: 85342 3192 RR0001
Sector: International Aid
Operating Charity

Donor Accountability

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Good

Full-time staff #42

Avg. Compensation $94,229

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 1
$120k - $160k 3
$80k - $120k 5
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About One Drop Foundation:

One Drop Foundation (ODF) was founded in 2007 by Guy Laliberté, the founder of Cirque du Soleil. Its mission is to use water to improve living conditions and help communities develop sustainably. ODF has an ABC approach involving access, behavior, and capital. The strategy involves increasing access to safe water by improving infrastructure, using local social art forms to influence positive behavioral changes, and offering capital and training to further economic growth. ODF operates across Africa, India, and Latin America. Of its total program costs, 40% went to Latin America and the Caribbean, 15% to Mali, 13% to India, 13% to program management and other costs, 10% to Burkina Faso, 5% to Nunavik, and 3% to awareness and mobilization.

A Charity Intelligence 2018 Top 10 Impact Charity

In 2017, One Drop Foundation initiated Lazos de Agua – a project aiming to provide access to safe drinking water and improve sanitation and hygiene to 200,000 people in Latin America by 2021. The program operates in Guatemala, Mexico, Nicaragua, and Paraguay, with plans to include Colombia. Within this project, over 52,000 people have participated in social art forms – such as theatre plays, community-engaged mural paintings, puppet shows, and short films – to inspire and create behavioural change. ODF also constructed 66 sanitation solutions, including latrines and toilets, in Nicaragua in 2017.

Results and Impact: As reported in the charity’s annual report, the Lazos de Agua project has improved water and/or sanitation services for over 50,000 people. Within Guatemala, there has been a 20% increase in access to safe water in targeted areas, affecting over 13,000 people.

In Rajasthan, India, the charity provided sustainable water and sanitation access to 40,000 households and 120 schools and clinics in 2017. In Burkina Faso, the charity has provided access to an improved water source to 47,290 people and 147 water point committees have been formed to manage the water infrastructure since 2011. A project in Sheohar, India has provided 250,000 people with access to safe drinking water since 2014 by constructing and fixing water sources. In Honduras, the charity improved the water source for 8,100 people and provided access to a latrine for 2,400 people since 2008.

Financial Review:

The charity reports its financial statements in USD. Ci has reported the charity’s figures in USD. One Drop Foundation is a Large charity, with donations and special events revenues of $9.9m in 2017. Its administrative costs were 7% of revenues and its fundraising costs were 38% of donations. Of its fundraising costs, 61% were direct costs related to its benefit events. For every dollar donated to the charity, 55 cents go to the cause, falling outside of Ci’s reasonable range for overhead spending. The fundraising cost ratio excludes donations from the founder ($1.0m in 2017).

The charity’s funding reserves of $21.4m includes $5.3m in donor-endowed funds. Excluding donor-endowed funds, funding reserves can cover 2.8 years of program costs.

This charity report is an update that has been sent to One Drop Foundation. Changes and edits may be forthcoming.

Updated on August 24, 2018 by Joeyanne Cheung.

Financial Ratios

Fiscal year ending December
201720162015
Administrative costs as % of revenues 7.1%7.4%5.5%
Fundraising costs as % of donations 37.7%52.8%41.3%
Program cost coverage (%) 360.9%282.1%395.2%

Summary Financial Statements

All figures in $000s
201720162015
Donations 5,6853,8309,696
Government funding 005
Special events 4,2377,9125,257
Investment income 334435861
Total revenues 10,25612,17715,819
Program costs 5,9337,1204,969
Administrative costs 708863827
Fundraising costs 3,3526,2024,018
Cash flow from operations 263(2,008)6,005
Funding reserves 21,41120,08419,639
Note: Ci reported government funding as provided in the charity’s T3010 filings, as it was not separately disclosed in the charity’s audited financials. Note that the T3010 government grant figure may be in Canadian dollars, so may be around $3834 USD. F2017 CRA information was not available at the time this report was written. Ci included direct costs related to benefit events in fundraising expenses, increasing expenses by $2.1m in 2017, $4.5m in 2016, and $2.1m in 2015.

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