Grand Défi Pierre Lavoie
Boucherville, QC J4B 0G6
CEO: Germain Thibault
Vice-President: Pierre Lavoie
Charitable Reg. #: 84846 6298 RR0001
Grade: C-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #10
Avg. Compensation $56,716
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||1|
|$40k - $80k||7|
About Grand Défi Pierre Lavoie:
Founded in 1999, Go le grand Défi, also known as the Grand défi Pierre Lavoie (GDPL) is an organization that aims to encourage young people to adopt healthy lifestyles. In 1999, Pierre Lavoie cycled alone over 650km through the Saguenay-Lac-Saint-Jean region of Quebec in 24 hours to raise awareness about lactic acidosis, the illness that took two of his children away from him. Since then, the GDPL has expanded its scope to become a broader health movement. GDPL’s activities now include a range of programs like “Get Up and Move!” and “Sharpen Your Grey Matter!” which both encourage elementary school students to be healthy and active. GDPL’s main event is “Le 1000 km”, a 1000 km bike ride led by Pierre Lavoie from the Saguenay region of Quebec to Montreal, which raises funds to support these programs, as well as to raise awareness for healthy, active lifestyles.
In F2012, GDPL’s administrative costs were 7% of revenues, while fundraising costs were 20% of donations and special events fundraising. GDPL has funding reserves of $3.4m, which cover 87% of annual program costs and grants.
Ci classified expenses associated with “Le 1000 km” as fundraising expenses while GDPL does not. While the ride does raise awareness for the cause of GDPL, it raises funds for other programs run by GDPL, and thus is a fundraising event.
Financial RatiosFiscal year ending July
|Administrative costs as % of revenues||6.9%||9.2%||8.8%|
|Fundraising costs as % of donations||19.9%||25.0%||14.6%|
|Program cost coverage (%)||87.4%||89.9%||96.7%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||43||27||30|
|Cash flow from operations||1,616||392||2,197|