Tim Hortons Foundation Camps
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
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.
76%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 76 cents are available for programs.
My anchor
OVERVIEW
About Tim Hortons Foundation Camps:
Tim Hortons Foundation Camps (Tim Hortons Children's Foundation) is a 5-star charity with a strong results reporting score. It is financially transparent and has overhead spending within Ci's reasonable range.
Founded in 1974, Tim Hortons Foundation Camps (Tims Camps) runs seven camps in Canada and the United States for teens from low-income families. Its programs help teens develop positive life skills and attitudes to prepare them for adulthood. Tims Camps reports that one in five children lives in poverty in Canada. As a result, the charity states that many students have limited access to support systems and opportunities that help them succeed.
Tims Camps offers two types of programs: Summer Programs and Year-round Programs.
Summer Programs offers 10-day camp sessions throughout the summer. In F2022, the charity hosted six camps for 2,011 campers. The Tim Horton Memorial Camp was closed for renovations in F2022.
Year-round Programs include School Programs and Community Groups. The charity’s School Programs invite low-income schools for three-day field trips to develop leadership skills. In F2022, the charity hosted 5,494 campers through this program. In F2022, Tims Camps also reached 1,200 campers through Camp in a Box, a program through which campers receive a box with a letter and activities after attending camp to reinforce their learning at camp.
Through its Community Groups program, Tims Camps collaborates with local organisations to conduct programs. In F2022, the charity partnered with Justice Fund to host a program at Tim Horton Onondaga Farms. In F2022, the charity also partnered with the Association of Native Child and Family Services Agencies of Ontario. The two days of programming were attended by 120 participants.
My anchor
Results and Impact
In F2022, the charity conducted its first cycle of outcome and impact measurement according to its measurement strategy, TIMpact365. Tims Camps reported that the average self-reported well-being score was 5.6 after camp (on a scale of one to seven), up from 5.4 before camp.
The charity also surveyed campers on the 5Cs (Competence, Confidence, Character, Caring, and Connection) before and after camp, and again half a year after camp. Tims Camps found that there was a statistically significant increase in competence when comparing scores before camp and half a year after camp.
The charity additionally surveyed campers on the Big 3 (Self, Community, and Future). Self is measured through personal goal setting, Community is measured through positive social interactions with people in the community, and Future is measured through one’s hope for the future. Tims Camps reported a significant increase in the Self and Community scores when comparing scores before and after camp.
The charity also reports that Tims Camps alumni are 1.5 times more likely to receive a Bachelor’s degree with every summer spent at camp.
While Ci highlights these key results, they may not be a complete representation of Tim Horton Foundation Camps’ results and impact.
My anchor
Finances
In F2022, Tim Hortons Foundation Camps had total donations and special events revenues of $19.7m. Camp Day was the largest funding source in F2022 at $11.2m, representing 52% of total revenues. Camp Day is a special fundraising event that collects revenue from coffee and bracelet sales at Tim Hortons restaurants.
Administrative costs are 8% of revenues (less investment income), and fundraising costs are 16% of donations and special events revenue. This results in total overhead spending of 24%. For every dollar donated, 76 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Tim Hortons Foundation Camps has reserve funds of $9.3m, of which $126k is donor endowed. Excluding donor-endowed funds, Tims Camps could cover a little over seven months of its annual program costs with reserves.
This charity report is an update that has been sent to Tim Hortons Foundation Camps for review. Changes and edits may be forthcoming.
Updated on July 21, 2023 by Kiara Andrade.
Financial Review
Fiscal year ending October
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.2% | 7.7% | 14.5% |
| Fundraising costs as % of donations | 15.8% | 12.1% | 12.1% |
| Total overhead spending | 23.9% | 19.8% | 26.6% |
| Program cost coverage (%) | 58.8% | 120.9% | 74.7% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 5,051 | 2,288 | 2,358 |
| Goods in kind | 279 | 184 | 6 |
| Government funding | 235 | 2,700 | 2,316 |
| Fees for service | 623 | 2,768 | 2,478 |
| Business activities (net) | 336 | 834 | 891 |
| Special events | 14,648 | 13,639 | 13,383 |
| Investment income | (7) | 28 | (2) |
| Other income | 390 | 713 | (984) |
| Total revenues | 21,555 | 23,154 | 20,446 |
| Program costs | 15,634 | 10,568 | 9,588 |
| Administrative costs | 1,763 | 1,790 | 2,961 |
| Fundraising costs | 3,107 | 1,927 | 1,906 |
| Other costs | (111) | (31) | 73 |
| Total spending | 20,393 | 14,254 | 14,528 |
| Cash flow from operations | 1,162 | 8,900 | 5,918 |
| Capital spending | 4,146 | 1,721 | 404 |
| Funding reserves | 9,312 | 12,905 | 7,265 |
Note: Special event fundraising includes contributions from Camp Day and coin donation programs. Ci adjusted for changes in accounts and pledged donations receivable in other revenue, affecting total revenues by $259k in F2022, $801k in F2021, and ($958k) in F2020. Ci included investment income from the charity’s financial notes, affecting total revenues by ($7k) in F2022, $28k in F2021, and ($2k) in F2020. Ci included foreign exchange gains (losses) in other revenue, affecting revenues and expenses by $131k in F2022, ($88k) in F2021, and ($26k) in F2020. Ci excluded gain (loss) on the disposal of capital assets from expenses, affecting total expenses by $1.2m in F2022, $196k in F2021, and $4k in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
3 |
$160k - $200k |
2 |
$120k - $160k |
5 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-448-1248