Kawartha Food Share

665 Neal Drive, Unit #1
Peterborough, ON K9J 6X7
Board Chair: Dave Ralph
Board Vice-Chair: Dan Gemmiti

Website: www.kawarthafoodshare.com
Charitable Reg. #: 88063 7624 RR0001

Sector: Social Services - Food Bank (Distributor)

Operating Charity

Charity Rating

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Results Reporting

Grade: C-

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 available only through official request for information from Canada Revenue Agency [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2012	2013	2014

For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Fair

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Full-time staff #4

Avg. Compensation $31,032

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	0
$250k - $300k	0
$200k - $250k	0
$160k - $200k	0
$120k - $160k	0
$80k - $120k	0
$40k - $80k	1
< $40k	3

Information from most recent CRA Charities Directorate filings for F2015

About Kawartha Food Share:

Founded in 1998, Kawartha Food Share (KFS) collects and distributes food to local charities that feed poor people in the City and Country of Peterborough, ON. KFS also runs food programs for children in schools and emergency food programs for the poor. It aims to give every child a health start to the school day by providing breakfast and lunch every day.

In F2014, Kawartha Food Share purchased, collected and distributed $14.8m worth of food to over 36 local charities. KFS and its 36 partner charities feed 8,100 people every month through 4 meal programs, 4 City food banks, 6 housing projects, 7 county food banks, and over 20 food cupboards in and around Peterborough. Kawartha Food Share also provides breakfast and lunch to 17,000 school children every day and it spent $10k on its poverty alleviation programs

Kawartha Food Share reports that $1 donated provides $6 worth of food.

Financial Review:

Kawartha Food Share is a Big-Cap charity with monetary donations of $354k in F2015 along with donated food worth $14.6m in F2015. Administrative costs are 0.3% of total revenues and fundraising costs are 2% of total donations. KFS has total funding reserves of $379k. Excluding the cost of donated food, KFS’s funding reserves cover program costs for 9 months.

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

Updated on August 12th, 2016 by Mirza Ali Shakir.

Financial Ratios Fiscal year ending December	2014	2013	2012
Administrative costs as % of revenues	0.3%	0.3%	0.7%
Fundraising costs as % of donations	1.7%	2.1%	2.0%
Program cost coverage (%)	74.4%	102.9%	114.8%

Summary Financial Statements All figures in $000s	2014	2013	2012
Donations	354	369	377
Goods in kind	14,628	10,739	6,231
Government funding	90	68	49
Fees for service	16	19	10
Investment income	2	3	3
Other income	38	38	0
Total revenues	15,128	11,237	6,670
Program costs	510	422	366
Grants	14,608	10,725	6,214
Administrative costs	50	35	48
Fundraising costs	6	8	8
Cash flow from operations	(46)	47	36
Funding reserves	379	434	420

Note: Ci excluded amortization of deferred capital contributions from the income statement. Ci also excluded loss on disposal of vehicles from the income statement.

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