Grand Défi Pierre Lavoie

540 d’Avaugour Street, Suite 1300
Boucherville, ON J4B 0G6
Executive Director: Germain Thibault
Director: Anne Vigneault

Charitable Reg. #:84846 6298 RR0001

STAR RATING

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FINANCIAL TRANSPARENCY

Audited financial statements available only through official request for information from Charities Directorate.

D

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.

92%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 92 cents are available for programs.



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Programs

About Grand Défi Pierre Lavoie:

Founded in 2005, Go Le Grand Défi (Grand défi Pierre Lavoie, GDPL), works to encourage people to adopt a healthy lifestyle. The charity hopes to promote a fitness movement and fight against obesity to prevent health concerns. In 1999, 2000, 2002, and 2005, Canadian triathlete Pierre Lavoie biked 650km in 24 hours to raise awareness for lactic acidosis, the genetic disease that two of his children died from. In 2005, Pierre broadened his focus from awareness of uncommon diseases to more generally promoting health. Since 2008, the charity has toured around Quebec to try and motivate young people to adopt a healthier lifestyle and to register for the Energy Cubes Challenge. The charity holds 9 key events annually two of which are the Energy Cube Challenge and The 1000km.

The charity’s Energy Cubes Challenge is designed to encourage children and their families to be more active during the month of May. In this challenge, schools and educational childcare services attempt to accumulate as many energy cubes as possible and have the chance to win numerous prizes. To get an energy cube, participants much complete 15 minutes of continuous physical activity. The more cubes one accumulates, the more entries one has for prizes. At the end of the month, the charity chooses one school per region to attend 4,200 other children for a weekend of celebration at the Olympic Stadium in Montreal.

GDPL also runs activities to encourage physical activity of adults. The 1000km brings together nearly 1,000 cyclists for a 70-hour bike ride from Saguenay-Lac-Saint-Jean to Montreal. This event is intended to be used as a platform to increase community awareness about the importance of changing their lifestyles. All the profits generated from this event are donated to the FONDATION DU GRAND DÉFI PIERRE LAVOIE to support medical research on orphan diseases and to fund projects aimed at adopting healthy lifestyle habits.

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Finances

Grand défi Pierre Lavoie is a Large charity, with donations of $11.9m in F2018. The charity also received $4.0m in government funding, representing 24% of total revenues. Administrative costs are 5% of revenues (excluding investment income) and fundraising costs are 3% of donations. For every dollar donated, 92 cents go to the cause. This is within Ci’s reasonable range for overhead spending. Grand défi Pierre Lavoie has net funding reserves of $15.0m. Reserves can cover program costs for just over one year.

The charity grants money to the FONDATION DU GRAND DÉFI PIERRE LAVOIE, a related organization as its five directors sit on GDPL’s board.  Ci did not consolidate as the foundation does not fund the operating charity.

Please note: this report was prepared by an English-speaking analyst using the audited financial statements which are in French. 

This charity report is an update that has been sent to Grand défi Pierre Lavoie for review. Changes and edits may be forthcoming.

Updated on August 22, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending September
201820172016
Administrative costs as % of revenues 4.5%4.5%4.7%
Fundraising costs as % of donations 3.4%4.5%2.9%
Total overhead spending 7.9%9.1%7.5%
Program cost coverage (%) 108.4%127.7%103.2%

Summary Financial Statements

All figures in $000s
201820172016
Donations 11,94711,50612,468
Government funding 4,0182,5591,386
Business activities (net) 261153133
Investment income 16712192
Other income 3670126
Total revenues 16,42814,41014,205
Program costs 12,37910,90410,254
Grants 1,494784686
Administrative costs 734649658
Fundraising costs 403523359
Total spending 15,01012,85911,957
Cash flow from operations 1,4181,5512,249
Capital spending 1,25148698
Funding reserves 15,03214,92611,286

Note: Ci used grants, administrative and fundraising costs listed on the charity’s T3010 filing. Ci used the charity's T3010 filing to back out government grants from donations. 

Salary Information

Full-time staff: 28

Avg. Compensation $48,020

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
2
$40k - $80k
8
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.legdpl.com
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