Food Depot Alimentaire
Moncton, NB E1H 2K1
President: Dale Hicks
Vice President: Carla Ayles
Charitable Reg. #: 12919 1250 RR0001
Grade: C-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Impact Rating: Fair
Full-time staff #15
Avg. Compensation $10,027
Top 10 Staff Salary Range
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About Food Depot Alimentaire:
Food Depot Alimentaire (FDA) was previously known as the Moncton Food Bank. It changed the name to better define its work as a distribution centre that services more than 30 agencies including food banks, community soup kitchens, supportive organizations and school lunch/after-school programs in southeastern New Brunswick. Its primary functions include food storage, distribution, fundraising, food collection and advocacy.
Food Depot Alimentaire runs a 12,000 square-foot warehouse that processes over 2.5 million pounds of dry, fresh and frozen products annually. It reports that the food corresponds to 1.1 million meals to over 30,000 families. Out of the 30,000 families, they report a little over 40,000 individuals were adults and 18,000 were children under the age of 18.
It opened the Peter McKee Center in Moncton which combines 3 community food banks under one building. This centre assists over 1,500 families in moving towards independence and self-sustainability through a variety of services and programs. These include a food bank, an on-site clothing thrift store, a community garden, community rooms and educational programming.
Food Depot Alimentaire is considered a medium-sized charity with monetary and goods-in-kind donations of $5.9m in F2014. Administrative costs are 1.4% of total revenues and fundraising costs are 25% of monetary donations. For every dollar given to the charity, 74 cents goes to the cause, falling within Ci’s reasonable range. Its funding reserves are $161k which can cover 50% of annual program costs, or 6 months of program expenditures.
This charity report is an update that is being reviewed by Food Depot Alimentaire. Changes and edits may be forthcoming.
NOTE: Food Depot Alimentaire does not provide audited financial statements. The statements uploaded to our website are a Notice to Reader.
Updated on June 15, 2017, by Josh Lam.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||1.4%||1.3%||0.6%|
|Fundraising costs as % of donations||25.0%||20.1%||1.3%|
|Program cost coverage (%)||50.1%||35.7%||24.0%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||5,522||4,841||5,057|
|Business activities (net)||83||43||39|
|Cash flow from operations||74||80||76|