Ingamo Hall Friendship Centre
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
87%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 87 cents are available for programs.
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Programs
About Ingamo Hall Friendship Centre:
Founded in 1980, Ingamo Hall Friendship Centre runs educational, recreational, social and multicultural activities for the Town of Inuvik. It also offers daycare services and family-oriented recreational activities. As per the charity’s CRA filing, 75% of annual program costs go towards cultural centers and associations, 17% of costs go towards health promotion and protection activities, and 5% of costs go toward day-care and after-school care.
Ingamo Hall Friendship Centre does not have its own website for donors to visit. As per the Town of Inuvik’s municipal website, the charity hosts cultural events and community feasts designed to help aboriginal youth in the town.
The Centre is a member of the National Association of Friendship Centres, which is a network of 119 Centres across Canada that provides cultural services to urban Aboriginal residents.
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Finances
Ci has not had direct contact with Ingamo Hall Friendship Centre staff – F2015 audited financials were received after filing a request for information with the CRA in 2016. The charity does not report administrative costs in its F2015 or F2014 T3010 CRA filing – Ci determined administrative costs based on individual line items presented in the audited financial statements.
Ingamo Hall Friendship Center is a small-cap charity with total donations and special events fundraising of $666k in F2015. Administrative costs are 5% of revenues and fundraising costs are 8% of donations. Per dollar donated to the charity, $0.87 goes towards its programs, which falls within Ci’s reasonable range for overhead spending.
The charity’s funding reserves of $189k can cover only 26% of annual program costs, indicating a funding need.
This charity report is an update that is currently being reviewed by Ingamo Hall Friendship Center. Comments and changes may be forthcoming.
Updated on May 24, 2017 by Katie Khodawandi.
Financial Review
Fiscal year ending March
|
2015 | 2014 | 2011 |
|---|---|---|---|
| Administrative costs as % of revenues | 5.0% | 3.9% | 37.0% |
| Fundraising costs as % of donations | 7.6% | 7.5% | 7.5% |
| Program cost coverage (%) | 26.0% | 23.7% | 22.2% |
Summary Financial StatementsAll figures in $s |
2015 | 2014 | 2011 |
|---|---|---|---|
| Donations | 392,492 | 307,499 | 781,101 |
| Government funding | 212,800 | 14,559 | 5,000 |
| Business activities (net) | 33,578 | 24,542 | 55,625 |
| Special events | 273,990 | 330,672 | 0 |
| Other income | 12,545 | 3,895 | 11,773 |
| Total revenues | 925,405 | 681,167 | 853,499 |
| Program costs | 726,663 | 589,148 | 439,747 |
| Administrative costs | 46,656 | 26,192 | 315,641 |
| Fundraising costs | 50,686 | 47,947 | 58,781 |
| Other costs | 3,819 | 2,263 | 0 |
| Cash flow from operations | 97,581 | 15,617 | 39,330 |
| Funding reserves | 188,886 | 139,311 | 97,615 |
Note: Ci does not have IHFC's F2013 or F2012 audited financials and could not perform a financial analysis for either year. Ci reported rental income gross of direct expenses in business activities. Ci adjusted for changes in deferred contributions, affecting donations by ($44k) and government funding by ($49k) in F2015. Total administrative costs include general office expenses, administrative fees and professional fees. Total fundraising costs include direct fundraising costs and advertising. Other costs consist of bank charges and interest. Program costs were determined after backing out administrative, fundraising, amortization and other costs from total expenditures. Compensation data presented in this profile is from the compensation schedule of the charity’s 2015 T3010 CRA filing, which was not appropriately filled out.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$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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