CharityIntelligence Canada

Salvation Army Yellowknife

4925 45 Street
Yellowknife, NT X1A 2P9
Directors: Byron and Darlene Hardy
Board Chair: Commissioner Susan MacMillan

Charitable Reg. #: 10795 1618 RR0033
Sector: Social Services - Homeless
Operating Charity

Results Reporting

Grade: D

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only upon request [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #29

Avg. Compensation $65,144

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 5
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Salvation Army Yellowknife:

Founded in 1981, the Salvation Army Yellowknife Corps is a member of the Salvation Army, an international Christian church that exists to share the love of Jesus Christ, meet human needs and be a transforming influence in its communities. The Yellowknife Corps operates a thrift store, a church, a resource centre, and Bailey House. The resource center provides services including: food hampers, soup kitchen, life skills courses, and job search, among others. Bailey House is a transition home for single men at risk of homelessness and men in transition towards improving their independence. It has a capacity of 32 men.

Financial Review:

Salvation Army Yellowknife is a small-cap charity with $776k in donations in F2016. Government funding accounts for most of the charity’s revenue, having contributed $2.3m. Administrative costs were 8% of revenues. The charity does not report any fundraising costs on its audited financial statements or on its T3010 filing with the CRA. Using zero fundraising costs, for every $1 donated, 92 cents went to the cause. This falls within Charity Intelligence’s reasonable range for overhead spending.

Due to Salvation Army Yellowknife’s mortgage, the charity is currently in debt. With funding reserves of ($658k), the charity is currently in debt, resulting in a negative funding reserve and indicating a need for funding.

This charity report is an update that is currently being reviewed by Salvation Army Yellowknife. Changes and edits may be forthcoming.

Updated on June 21, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 8.3%7.9%7.0%
Fundraising costs as % of donations 0.0%0.0%0.3%
Program cost coverage (%) (19.6%)22.2%20.4%

Summary Financial Statements

All figures in $s
Donations 776,294712,045878,876
Goods in kind 0048,258
Government funding 2,281,1532,184,1331,802,153
Fees for service 31,54420,102222,413
Business activities (net) 746,082623,481309,823
Investment income 6,6817,3367,640
Other income 3,32221,08780,306
Total revenues 3,845,0763,568,1843,349,469
Program costs 3,265,6703,251,5793,027,019
Grants 90,42086,14935,654
Administrative costs 318,676281,577234,668
Fundraising costs 03052,292
Other costs 43,50690
Cash flow from operations 126,804(51,435)49,836
Funding reserves (658,122)739,676625,786
Note: Ci did not include gain on disposal of capital assets, affecting revenues by ($232k) in F2015.