Grand Falls Regional Food Bank
Grand-Sault, NB E3Z 1M2
President: Glenn Rioux
Board Chair: Simone Tardif
Charitable Reg. #: 88965 4331 RR0001
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Impact Rating: Good
Full-time staff #2
Avg. Compensation $46,552
Top 10 Staff Salary Range
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About Grand Falls Regional Food Bank:
Founded in 1997, the Grand Falls Regional Food Bank is a member of Food Banks of Canada and the New Brunswick Association of Food Banks. Grand Falls is a town located near the New Brunswick-Maine border, with a population of 5,700. The Food Bank is a participant of the NB Sharing Program, a province-wide fundraising effort that encourages customers to donate at participating stores. In addition to the food bank, the charity also runs a community kitchen and provides furniture. In F2012, it distributed approximately $900k worth of food.
This is a small charity with good impact. Given its size, Charity Intelligence will not be updating this information.
If you are a donor and would like additional information, please contact the charity directly or Charity Intelligence to request an update.
Recent News: Grand Falls Regional Food Bank closed in February 2018 due to a lack of funding from the government and increased operating costs, according to this CBC article; however, community donations allowed it to reopen in March.
The charity’s financial statements are unaudited. Administrative costs are 2% of revenues and the fundraising costs are 4% of total donations. In F2012, the charity has funding reserves of $11k, which cover 6% of annual program costs.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||1.5%||1.8%||1.6%|
|Fundraising costs as % of donations||3.3%||2.1%||3.4%|
|Program cost coverage (%)||6.2%||29.0%||5.0%|
Summary Financial StatementsAll figures in $s
|Goods in kind||867,887||857,617||711,290|
|Cash flow from operations||(14,538)||7,476||7,760|