1820 Rang Nord-Ouest
Sainte-Madeleine, QC J0H 1S0
Board Chair: Denis Mathieu
Executive Director: Nicolas St-Pierre

Charitable Reg. #:11892 4232 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

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

C

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.

62%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 62 cents are available for programs.



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Programs

About Fondation MIRA:

Founded in 1981, MIRA Foundation (MIRA) offers free guide dogs to people living with disabilities. By providing people with a disability a guide dog, MIRA hopes to increase their autonomy and mobility. MIRA gives guide dogs to people who fall into three different categories: blind and visually impaired, children with Autism Spectrum Disorder (ASD), and people with reduced mobility. Since its establishment, MIRA has offered more than 3,500 dogs to people with disabilities.

MIRA breeds Labradors, Bernese Mountain Dogs, Labernese (cross between Labradors and Bernese mountain dogs), and Saint-Pierre’s (second generation Labernese). At the age of nine weeks, all MIRA dogs are placed into the care of a foster family for 12 to 18 months before returning to the charity for a 3 to 6-month training program. After completion of training and evaluation, dogs are paired with their partners. MIRA pairs 200 dogs each year and the dogs remain in service for an average of 7 years. The charity reports that the average cost to raise and train a Mira dog is $30k. In F2017, total operating costs per dog (assuming 200 dogs) were $37k.

MIRA’s service dog program offers guide dogs to adults and children with physical disabilities that limit their mobility. MIRA states that most of the beneficiaries in this program use wheelchairs. Service dogs help people by picking up objects on the ground, serving as a support or rest, and pulling their wheelchair. This program also gives guide dogs to the blind or visually impaired. These dogs help their partner interact and freely move within their environment. Lastly, MIRA offers service dogs to youth with an ASD. These dogs have been found to help reduce stress and anxiety levels, and improve the quality of sleep and socialization of the children.

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Finances

The MIRA Foundation is a large charity with total donations of $8.2m, including $0.5m in goods in kind in F2017. Administrative costs are 3% of revenues and fundraising costs are 35% of donations. For every dollar donated to the charity, 62 cents go to its programs. This is outside Ci’s reasonable range for overhead spending. MIRA holds funding reserves of $2.5m, of which $387k are donor-endowed. Excluding donor-endowed funds, the charity’s reserves can cover annual program costs for almost 6 months.

In F2017, MIRA raised $21k from external fundraisers. For every dollar collected, MIRA paid the external fundraisers 13 cents.

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 Fondation Mira. Changes and edits may be forthcoming.

Updated on August 1, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending December
201720162015
Administrative costs as % of revenues 2.6%3.7%3.3%
Fundraising costs as % of donations 35.3%32.6%34.6%
Total overhead spending 37.9%36.3%37.9%
Program cost coverage (%) 57.1%74.1%65.0%

Summary Financial Statements

All figures in $000s
201720162015
Donations 7,7526,6536,708
Goods in kind 469550735
Business activities (net) 008
Investment income 211710
Other income 0036
Total revenues 8,2437,2197,496
Program costs 4,4404,2744,295
Administrative costs 213263249
Fundraising costs 2,7372,1712,319
Other costs 232029
Total spending 7,4146,7296,892
Cash flow from operations 829491604
Capital spending 26426544
Funding reserves 2,5353,1682,792

Note: Ci recognized endowment contributions as revenue, increasing total revenues by $56k in F2016 and $75k in F2015. Ci recognized interest income and net change in fair value of investments as revenue, affecting total revenue by $21k in F2017, $17k in F2016, and $10k in F2015. Ci removed amortization of deferred contributions related to tangible capital assets from revenues, reducing total revenue by $39k in F2017, $40k in F2016, and $42k in F2015. 

Salary Information

Full-time staff: 70

Avg. Compensation $44,734

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 F2017

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.mira.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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