Heart and Stroke Foundation of New Brunswick

580 Main Street, Suite B210
Saint John, NB E2K 1J5
CEO: Kurtis Sisk
Board President: Mary McKenna

Charitable Reg. #:11924 6940 RR0001

STAR RATING

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

🔓
Unlock Charity Ratings

FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

C+

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.

58%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 58 cents are available for programs.



My anchor

Programs

About Heart and Stroke Foundation of New Brunswick:

Heart and Stroke Foundation of New Brunswick (HSFNB) works to help people live free from heart disease and stroke through preventing the disease, saving lives, and promoting recovery. A Canadian dies every five minutes from heart disease or stroke, and 1.6 million Canadians live with heart disease or with the repercussions of a stroke. Risk factors for heart disease and stroke include obesity and high blood pressure, both of which occur at a higher rate in New Brunswick than in Canada as a whole. HSFNB is the only provincial foundation of Heart and Stroke that operates separately from Heart and Stroke Canada.

In F2019, HSFNB allocated 62% of program spending to health promotion. HSFNB’s Stroke Navigation program helps stroke victims adjust back to life in the community by supporting a victim’s recovery goals, providing resources to manage their condition, and offering them tools to navigate the healthcare system. The charity last reported quantified outputs in F2017; more than 4,000 high school students and 14,000 New Brunswickers were trained in CPR, defibrillator use, and general emergency lifesaving techniques by 300 instructors. In F2017, HSFNB designated six elementary schools as ‘heart healthy’ for making healthy choices accessible and popular among students. In F2017, the charity funded its 400th publicly accessible defibrillator.  

In F2019, HSFNB allocated 39% of program spending to medical research. The charity last reported quantified outputs in F2017; Dr. Petra Kienesberger was granted $100,000 for her research on how excess body fat weakens the heart.

 

My anchor

Results and Impact

Heart and Stroke Foundation of New Brunswick reports that its defibrillators were used to save the lives of five people in F2017. From F2008 - F2017, HSFNB’s defibrillators saved 14 lives.

While Ci highlights these key results, they may not be a complete representation of Heart and Stroke Foundation of New Brunswick’s results and impact.

My anchor

Finances

Heart and Stroke Foundation of New Brunswick is a Medium-sized charity, with donations and special events revenue of $3.1m in F2019. Administrative costs are 8% of revenues and fundraising costs are 33% of donations. This means overhead costs are 42%. For every dollar donated, 58 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending.

HSFNB has $2.4m in funding reserves, of which $1.1m is donor-endowed. Excluding donor-endowed funds, the charity could cover annual program costs for roughly 9 months.

This charity report is an update that has been sent to Heart and Stroke Foundation of New Brunswick for review. Changes and edits may be forthcoming.

Updated on July 15, 2020 by Eric Jose.

Financial Review


Financial Ratios

Fiscal year ending August
201920182017
Administrative costs as % of revenues 8.4%7.5%7.8%
Fundraising costs as % of donations 33.1%30.0%33.1%
Total overhead spending 41.5%37.5%41.0%
Program cost coverage (%) 67.3%78.6%76.3%

Summary Financial Statements

All figures in $s
201920182017
Donations 1,526,7541,697,3551,451,433
Special events 1,610,7501,733,7581,615,580
Investment income 21,86143,78254,085
Other income 94,43690,396134,278
Total revenues 3,253,8013,565,2913,255,376
Program costs 1,881,0041,825,6081,792,356
Administrative costs 271,185264,991250,715
Fundraising costs 1,039,0731,029,0421,016,337
Total spending 3,191,2623,119,6413,059,408
Cash flow from operations 62,539445,650195,968
Capital spending 5,16862,47237,964
Funding reserves 2,372,5342,275,9771,880,645

Note: Ci has adjusted for unrealized gain (loss) on investment and loss on disposal of investments, affecting revenues by $17k in F2019, $13k in F2018, and $44k in F2017.

Salary Information

Full-time staff: 37

Avg. Compensation: $31,122

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
1
$40k - $80k
9
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.heartandstroke.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (506) 634-1620

Print