Grand Falls Regional Food Bank

363 Chemin Portage
Grand-Sault, NB E3Z 1M2
President: Glenn Rioux
Board Chair: Simone Tardif

Website: n/a
Charitable Reg. #: 88965 4331 RR0001
Sector: Social Services - Food Bank (Distributor)
Operating Charity

Charity Rating

Not yet rated.

Results Reporting

Grade: NR

Charity not yet rated on the public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2010 2011 2012
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Good

Full-time staff #2

Avg. Compensation $46,552

Top 10 Staff Salary Range

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

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.

Financial Review:

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 Ratios

Fiscal 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 Statements

All figures in $s
Donations 145,790112,942117,432
Goods in kind 867,887857,617711,290
Government funding 47,13647,13647,226
Investment income 61417
Total revenues 1,060,8191,017,709875,965
Program costs 1,053,152988,302848,783
Administrative costs 15,59618,10514,359
Fundraising costs 4,8772,3644,034
Other costs 1,7321,4621,030
Cash flow from operations (14,538)7,4767,760
Funding reserves 10,92132,4075,930
Note: The breakdown between program, fundraising, and administrative costs comes from the charity’s T3010 filing, as the financial statements do not provide a breakdown.

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