50 Generations Drive, Box 5, Suite 100
Ohsweken, ON N0A 1M0
President & CEO: Roberta L. Jamieson
Board Chair: David Gabriel Tuccaro

Charitable Reg. #: 11883 4696 RR0001
Sector: Social Services - Indigenous
Operating Charity

Charity Rating

[Charity Rating: 4/4]

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 for current and previous years available on the charity's website [ 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.

Impact Rating: High

Full-time staff #39

Avg. Compensation $71,840

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 3
$80k - $120k 6
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Indspire:

Founded in 1985, Indspire helps Indigenous students in Canada complete their post-secondary education for a successful future. Indigenous people are under-represented in post-secondary education, with only 10% of Indigenous students completing university degrees compared to 27% of other Canadian students. Indspire recognizes that lack of financial support is the root cause of this problem.

A Charity Intelligence 2017 Top 10 High Impact Charity

Building Brighter Futures (BBF) is Indspire’s largest program, representing 63% of program costs in F2016. Through BBF, Indspire grants bursaries, scholarships and awards to Indigenous students who need financial aid to complete their post-secondary education. BBF funded 3,792 students in F2016, disbursing $12.2 million. Building Brighter Futures represents the largest scholarship and bursary program for Indigenous students in Canada outside the Government of Canada. In February 2015, Indspire investigated graduation and employment rates of its financial award recipients. Based on data gathered from 1,248 students who received funding between 2000-2001 and 2012-2013, 93% of previous BBF recipients graduated from their post-secondary education program and 82% of these graduates are employed.

Indspire also runs education mentorship programs Rivers to Success and Peer Support for Indigenous students. Rivers to Success is a mentorship program for Indigenous students finishing their post-secondary education. Mentors with professional careers in the student's field of study help students with the school-to-work transition. While Indspire did not report the number of participants in 2016, it did report that Rivers to Success matched 52 pairs of mentors and students in 2015. Indspire is preparing to expand the program in 2017 to support and encourage high school students to complete high school and pursue post-secondary education. Peer Support is a mentorship program for teachers of Indigenous students that pairs teachers based on the subjects they teach, which had 245 participants in 2016.

The K-12 Indspire Institute is an online educational tool for teachers, students and parents of the Indigenous community. K-12 Indspire Institute costs made up 17% of program costs in F2016. Membership grew by 22% in 2016, from 4,193 to 5,130 members.

Soaring is Indspire's Indigenous Youth Career Conference program, which educates high school students about possible career and post-secondary education options. The conferences made up 4% of program costs in F2016. Indspire reports that 1,202 students attended one of the two conferences held during 2016 in Vancouver and London.

Financial Review:

Indspire is a big-cap charity with total donations and goods-in-kind revenues of $8.7m in F2016. Administrative costs are 11% of revenues and fundraising costs are 13% of donations, excluding goods-in-kind. For every dollar donated, 76 cents go towards Indspire’s programs, falling within Ci's reasonable range. The charity holds funding reserves of $27.2m, of which $23.4m are donor endowed. Excluding donor-endowed funds, Indspire’s reserves can only cover 22% of annual program costs, showing a funding need.

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

Updated on May 12, 2017 by Kevin Silberberg

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 10.6%7.2%8.6%
Fundraising costs as % of donations 13.0%14.6%17.7%
Program cost coverage (%) 147.8%151.2%178.8%

Summary Financial Statements

All figures in $000s
Donations 8,5527,7335,027
Goods in kind 15736095
Government funding 8,05913,40111,168
Business activities (net) 525525700
Investment income (872)2,3842,094
Other income 706400544
Total revenues 17,12724,80319,629
Program costs 5,8306,7536,222
Grants 12,58714,75110,556
Administrative costs 1,9121,6141,508
Fundraising costs 1,1071,132892
Cash flow from operations (4,309)553451
Funding reserves 27,22432,51430,005
Note: Unrealized gain (loss) of $(2.1m) in F2016, $1.5m in F2015, and $442k in F2014 are included in investment income. License fees earned of $525k in F2016, $525k in F2015, and $700k in F2014 are reported gross of expenses in business activities revenues. Tickets and donations revenues of $1.2m in F2016, $677k in F2015, and $493k in F2014 are included in donations. Ci gathered program, administrative and fundraising figures from the charity’s T3010A CRA filings for all three years of analysis. However, there was a discrepancy of $642k in F2016 which has been included in program spending. Ci backed out awards and scholarships of $6.3m in F2016, $14.8m in F2015, and $10.6m in F2014 from program costs and included these figures in grants. Amortization was backed out of program, administrative and fundraising costs based on % of total expenses.

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