Kayla's Children Centre

36 Atkinson Avenue
Thornhill, ON M3H 5S4
Board Co-Chair: Danny Gordon
Board Co-Chair: Dassi Slater

Charitable Reg. #:12646 2332 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Audited financial statements available only through official request for information from Charities Directorate.

D+

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

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.

60%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 60 cents are available for programs.



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Programs

About Kayla's Children Centre:

Founded in 2017, Kayla’s Children Centre (KCC) was the result of the merger of the Zareinu Education Centre of Metropolitan Toronto (founded in 1989) and Project AIM (founded in 2007). KCC provides educational, therapeutic, and recreational programs for infants, children, and teens with special needs. KCC also assists children’s families by offering support and relief. The centre emphasizes Jewish education and tradition. Kayla’s Children Centre’s programs include school, Camp 18, and recreational activities.

Within the school, KCC runs an infant intervention program (ages 2 and under), a preschool program (aged 2-6), an elementary school (grade 1-8), an autism program (all ages), and satellite classes (grades 1-12). Through these programs, KCC offers adapted curriculum tailored to children who benefit from individualized education and access to therapeutic support.

KCC’s Camp 18 occurs in three different forms throughout the year: summer camp, overnight camp, and winter camp. Summer camp runs in four-week session in July and August. Each session is attended by 70 campers and KCC reports having a very high staff to camper ratio. Overnight camp gives children a week in Northern Muskoka away from their families. Lastly, KCC runs Camp 18 for a week at the end of December and provides a similar experience to summer camp except in the winter.

Outside of camp and school, KCC offers recreational programming such as swimming, movement & music therapy, creative arts, and respite services.

Kayla’s Children Centre is currently running a campaign to raise $25 million to finance the purchase of a 60,000 square foot building and create a $10m endowment fund. KCC hopes that by buying a new building it can create a stimulating atmosphere that increases participation in its activities.

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Finances

Kayla’s Children Centre is a medium-sized charity with donations of $2.7m in F2017. Administrative costs were 16% of revenues and fundraising costs were 23% of donations. For every dollar donated to the charity, 60 cents go to the cause. This is outside Ci’s reasonable range for overhead spending. KCC holds $784k in cash and investments, of which $718k is donor-endowed. Gross funding reserves, excluding endowed funds, could cover program costs for 11 months. However, the charity also has a $710k mortgage, which exceeds non-endowed reserves.

Ci was unable to reconcile in the charity’s T3010 filing with its audited financials for F2016 and F2015. Ci adjusted program costs to reconcile this difference. The difference between the T3010 filing and the audited financials in F2016 was a material amount.

This charity report is an update that has been sent to Kayla's Children Centre. Comments and edits may be forthcoming.

Updated on July 26, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending July
201720162015
Administrative costs as % of revenues 16.1%25.7%14.4%
Fundraising costs as % of donations 23.4%30.7%24.6%
Program cost coverage (%) 2.8%4.1%7.8%

Summary Financial Statements

All figures in $s
201720162015
Donations 2,689,5742,243,2052,796,781
Government funding 292,88978,772109,535
Fees for service 382,326360,694444,042
Business activities (net) 113,570160,218201,801
Investment income 00732
Other income 5,2811000
Total revenues 3,483,6402,842,9893,552,891
Program costs 2,353,1142,095,0622,121,711
Grants 250,00000
Administrative costs 561,292729,978510,374
Fundraising costs 629,671687,986686,632
Total spending 3,794,0803,513,0303,318,720
Cash flow from operations (310,437)(670,037)234,174
Capital spending 43,2817,1411,826
Funding reserves 73,64985,166165,048

Note: Ci used the charity’s T3010 filing to break out expenses. Ci removed gain on sale of marketable securities reducing revenue by $10k in F2017, $2k in F2016, and $6k in F2015. Ci removed gain on foreign exchange reducing revenue by $8k in F2017. Ci removed increase in fair value of marketable securities affecting revenue by ($49k) in F2017, $105k in F2016, and $91k in F2015.

Salary Information

Full-time staff: 38

Avg. Compensation $44,649

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
0
$40k - $80k
9
< $40k
0

Information from most recent CRA Charities Directorate filings for F2017

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Comments & Contact

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Charity Contact

Website: https://kaylaschildrencentre.org/
This email address is being protected from spambots. You need JavaScript enabled to view it.

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