Kawartha Food Share
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
C-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Fair
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.
96%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 96 cents are available for programs.
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Programs
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, Ontario. KFS also runs food programs for children in schools and emergency food programs for the poor. The charity aims to give every child a health start to the school day by providing breakfast and lunch every day.
In F2017, Kawartha Food Share distributed $5m worth of food and emergency care needs to over 36 local charities. KFS and its 36 partner charities support 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 reports that it provides healthy snacks to help feed 17,000 school children every day.
Kawartha Food Share reports that $1 donated allows the charity to purchase up to $6 worth of food.
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Finances
Kawartha Food Share is a Big-Cap charity with monetary donations of $365k along with donated food worth $4.7m in F2017. Administrative costs are 1% of total revenues, and fundraising costs are 3% of total donations. KFS has total funding reserves of $454k. Excluding the cost of donated food, KFS’s funding reserves cover annual program costs for 1 month.
This report is an update was sent to Kawartha Food Share for review. Changes and edits may be forthcoming.
Updated on July 15, 2019 by Caroline McKenna.
Financial Review
Fiscal year ending December
|
2017 | 2016 | 2015 |
|---|---|---|---|
| Administrative costs as % of revenues | 0.9% | 0.7% | 0.6% |
| Fundraising costs as % of donations | 2.7% | 2.2% | 2.0% |
| Program cost coverage (%) | 9.0% | 6.2% | 5.0% |
Summary Financial StatementsAll figures in $000s |
2017 | 2016 | 2015 |
|---|---|---|---|
| Donations | 365 | 300 | 334 |
| Goods in kind | 4,730 | 4,914 | 6,088 |
| Government funding | 106 | 62 | 90 |
| Fees for service | 28 | 18 | 20 |
| Investment income | 0 | 0 | 0 |
| Other income | 27 | 21 | 22 |
| Total revenues | 5,256 | 5,315 | 6,555 |
| Program costs | 5,037 | 5,252 | 6,519 |
| Grants | 0 | 0 | 0 |
| Administrative costs | 46 | 38 | 42 |
| Fundraising costs | 10 | 7 | 7 |
| Cash flow from operations | 164 | 18 | (13) |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 454 | 326 | 327 |
Note: Ci excluded amortization of deferred capital contributions from the income statement, affecting revenues by ($14k) in F2017, ($14k) in F2016, and ($15k) in F2016.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
2 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2017
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Comments & Contact
Comments added by the Charity:
Charity Contact
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