Renascent

38 Isabella Street
Toronto, ON M4Y 1N1
CEO: Laura Bhoi
Board Chair: Rob Johnson

Website: www.renascent.ca
Charitable Reg. #: 11911 5434 RR0001
Sector: Social Services - Addiction Recovery
Operating Charity

Donor Accountability

Grade: A-

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

Full-time staff #50

Avg. Compensation $68,423

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 F2016

About Renascent:

Founded in 1970, the mission of Renascent (operating as Renascent Fellowship and receiving donations through Renascent Foundation) is to facilitate “recovery, education and prevention relating to substance addictions through a continuum of programs and services for individuals, families and organizations.” It aims to achieve its mission through its four main programs: Primary Care, Continuing Care, Family Care, and Alumni Care.

Renascent’s Primary Care program is an intensive recovery program based on the 12-step approach. Continuing Care helps prevent people recovering from addiction from relapsing. Family Care engages one’s whole family in the recovery process. Finally, Alumni Care builds a community through social events and volunteer opportunities for those who have graduated from Renascent’s programming.

In F2016, Renascent served 1,262 men, women, and children, and had 918 people stay in residential care. Its Family Care program offered 344 programs to children and families. Its Continuing Care program served 236 people.

A third-party evaluation conducted in October 2008 found that 71% of clients who completed the Primary Care and Continuing Care programs were able to maintain abstinence 24-months following treatment.

Financial Review:

Charity Intelligence has consolidated the financial statements of Renascent Fellowship and Renascent Fellowship Foundation.

Renascent Fellowship and Renascent Foundation together form a medium-sized charity with donations and special events revenues of $1.5m in F2016. Its administrative costs are 15% of revenues, and its fundraising costs are 38% of donations. For every dollar donated, 47 cents go towards Renascent’s programs, falling outside of Ci’s reasonable range. The charity has $1.5m of funding reserves, resulting in a program cost coverage ratio of 25%. This means that the charity can cover 3 months of its annual program costs using its existing reserves, indicating a need for funding.

This charity report is an update that is being reviewed by Renascent. Changes and edits may be forthcoming.

Updated August 11, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 14.7%13.2%17.4%
Fundraising costs as % of donations 37.9%28.4%26.6%
Program cost coverage (%) 25.2%21.5%14.0%

Summary Financial Statements

All figures in $000s
201620152014
Donations 1,094819943
Government funding 2,5802,7632,821
Fees for service 3,1952,7442,729
Business activities (net) 643643643
Special events 392215255
Investment income 25812
Other income 13634
Total revenues 7,9307,2297,437
Program costs 6,1136,5146,120
Administrative costs 1,1639501,293
Fundraising costs 563294318
Cash flow from operations 91(529)(294)
Funding reserves 1,5401,398858

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