Food Depot Alimentaire
Moncton, NB E1H 2K1
Executive Director: Chantal Senecal
Board President: Dale Hicks
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 #10
Avg. Compensation $20,258
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||1|
About Food Depot Alimentaire:
Founded in 1987, Food Depot Alimentaire (FDA) provides food to more than 30 agencies including food banks, community soup kitchens, supportive organizations and school lunch/after-school programs in southeastern New Brunswick. FDA was previously known as Moncton Food Bank but changed its name to better define its work as a distribution centre. It notes that in Moncton, the two area community kitchens serve an average of 740 meals per day to men, women and children in need. The charity’s primary functions include food storage, distribution, fundraising, food collection and advocacy.
Food Depot Alimentaire operates a 12,000 square-foot warehouse in Moncton and reports processing over 2.5 million pounds of dry, fresh and frozen products annually. FDA states that the food corresponds to 1.1 million meals being served to over 30,000 families each year. Out of the 30,000 families, the charity reports roughly 40,000 individuals were adults and 18,000 were children under the age of 18.
In 2016, FDA 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.
Results and Impact: Charity Intelligence gave Food Depot Alimentaire an impact rating of Fair for proven impact per dollar (see impact grid on the bottom right).
Food Depot Alimentaire does not provide audited financial statements. Charity Intelligence received its F2016 unaudited financial statements from the CRA. Ci used FDA’s T3010 filings to obtain the charity’s administration costs. The charity reported the exact same administration and fundraising costs on its F2016 and F2015 T3010 CRA filings, although fundraising costs differ on its financial statements. Ci has contacted the charity to confirm these numbers.
Food Depot Alimentaire is a Large charity which received monetary donations of $329k and donated food worth $8.0m in F2016. The charity received and distributed 22% more food in F2016 compared to F2015. It also received $368k in government funding, lottery profits and business activities revenue in F2016. Administrative costs are 1% of total revenues and fundraising costs are 48% of monetary donations. For every dollar donated to the charity, $0.51 goes towards its programs, which falls well outside Ci’s reasonable range for overhead spending. Food Depot Alimentaire has total funding reserves of $188k. Excluding the cost of donated food, FDA’s funding reserves can cover annual program costs for 5 months, indicating a need for donations.
This charity report is an update that has been sent to Food Depot Alimentaire for review. Changes and edits may be forthcoming.
Updated on August 22, 2018 by Derek Houlberg.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||0.9%||1.1%||1.4%|
|Fundraising costs as % of donations||47.6%||35.3%||25.0%|
|Program cost coverage (%)||40.3%||59.7%||45.8%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||8,037||6,609||5,522|
|Business activities (net)||117||89||83|
|Cash flow from operations||(6)||60||74|