Ronald McDonald House Saskatchewan
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
C+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
72%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 72 cents are available for programs.
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OVERVIEW
About Ronald McDonald House Saskatchewan:
Ronald McDonald House Saskatchewan is a 2-star charity. It has a below average results reporting grade of C+. For every dollar donated, 72 cents are available to go towards the cause. Its reserve funds can cover four years and four months of program costs.
Founded in 1983, Ronald McDonald House Saskatchewan (RMHS) offers temporary housing and programs to families of sick children who must travel to receive medical care at hospitals in Saskatoon. It is formally known as Friends of Saskatchewan Children Inc. RMHS runs one of the 15 Ronald McDonald Houses across Canada. The House is walking distance from Jim Pattison Children’s Hospital, Royal University Hospital, and the Saskatoon Cancer Clinic. RMHS runs two programs: House and Family Room. In 2023, RMHS spent $2.2m on its programs.
Its House program represents 93% of spending. The house provides private rooms for a sick child and their family. The House also provides these families with food services and other programs. Some programs include Pet Therapy, Shuttle Program, Home for Dinner, and KidsCare. In 2023, RMHS supported 224 communities across Saskatchewan and served 32,485 meals.
The Family Room was 7% of the spending. The Family Room is a 1,300-square-foot living space open to families of sick children receiving treatment in the hospital. In 2022 the Family Room helped 832 families, served 1,878 lunches, completed 764 loads of laundry, and delivered 1,652 grab-and-go snack bags.
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Results and Impact
Charity Intelligence found that Ronald McDonald House Saskatchewan reported many stories but few results and quantified data.
Charity Intelligence has given Ronald McDonald House Saskatchewan a Low impact rating for demonstrated impact per dollar.
Impact Rating: Low
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Finances
In 2023, Ronald McDonald House Saskatchewan received $4.5m in donations and special events revenue. This is a 93% increase compared to the $2.4m received in 2022. Administrative costs are 7% of revenues (excluding investment income) and fundraising costs are 21% of donations and special events revenue. For every dollar donated, 72 cents are available to go towards the cause. In 2023, RMHS spent 41 cents of every dollar on program costs.
Ronald McDonald House Saskatchewan has $9.6m in reserve funds. These reserves can cover annual program costs at the current levels for four years and four months.
Profile updated on June 19, 2024, by Abby Stout.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 6.7% | 12.6% | 14.1% |
| Fundraising costs as % of donations | 21.1% | 15.7% | 15.2% |
| Total overhead spending | 27.7% | 28.3% | 29.3% |
| Program cost coverage (%) | 431.2% | 455.8% | 585.6% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 3,868 | 1,732 | 1,656 |
| Government funding | 0 | 0 | 290 |
| Fees for service | 92 | 77 | 67 |
| Special events | 678 | 622 | 542 |
| Investment income | 817 | (806) | 662 |
| Total revenues | 5,455 | 1,625 | 3,217 |
| Program costs | 2,228 | 1,921 | 1,656 |
| Administrative costs | 310 | 306 | 359 |
| Fundraising costs | 957 | 369 | 335 |
| Total spending | 3,496 | 2,595 | 2,351 |
| Cash flow from operations | 1,960 | (970) | 866 |
| Capital spending | 1,312 | 0 | 572 |
| Funding reserves | 9,609 | 8,755 | 9,700 |
Note: DEFERRED CONTRIBUTIONS: To report on a cash basis, Ci adjusts for deferred contributions. This affected revenues by ($23k) in 2023, ($76k) in 2022, and $147k in 2021. RELATED PARTY TRANSFERS: RMHS reported receiving transfers from Ronald McDonald House Charities. To report on a cash basis, Ci adjusts for the amount recognized. This affected total revenues by ($118k) in 2023, ($97k) in 2022, and ($85k) in 2021. GOVERNMENT ASSISTANCE: In 2021, RMHS received government assistance affecting revenues by $290k. LOSS ON DISPOSAL: In 2021, RMHS had a loss on disposal of capital assets reducing revenue by $6k. GAIN ON DISPOSAL: Ci adjusts for gains on disposal of investments. This affected total revenues by $724k in 2023, $31k in 2022, and $76k in 2021. INTEREST AND DIVIDEND INCOME: Ci adjusts for interest and dividend income. This affected revenues by $200k in 2023, $31k in 2022, and $76k in 2021. INVESTMENT MANAGEMENT FEES: Ci removed investment management fees from investment income. This reduced revenues by ($48k) in 2023, ($52k) in 2022, and ($62k) in 2021. UNREALIZED GAIN: RMHS reports unrealized gains on the fair value of investments. This affected total revenues by ($59k) in 2023, ($996k) in 2022, and $461k in 2021. AMORTIZATION: Ci backed out amortization from program, administrative, and fundraising expenses on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
1 |
$40k - $80k |
7 |
< $40k |
1 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 306-244-5700