Learning Partnership
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.
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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OVERVIEW
About Learning Partnership:
Note: As of August 14th, 2023, the charity's website redirects to an organisation called Let's Talk Science. Ci will not be updating this charity until this discrepancy is clarified.
Founded in 1993, The Learning Partnership (TLP) supports public education in Canada. TLP connects students, educators, business leaders and government through experiential programs. The Learning Partnership aims to promote entrepreneurial thinking and innovation to prepare students to thrive in a diverse and changing world.
The Learning Partnership runs 8 different programs for students from Pre-Kindergarten to Grade 12. Programs for students include Coding Quest, Entrepreneurial Adventure, Dragon’s Nest, and others. In F2018, over 189,000 students from 4,200 schools across Canada participated in The Learning Partnership’s programs. Additionally, 5,600 educators ran TLP’s programs in their classrooms in F2018.
The Learning Partnership has 4 programs for Educator Professional Development. In F2018, 182 educators participated in TLP’s professional development sessions. The Learning Partnership presents the nationally recognized Canada’s Outstanding Principals award annually.
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Results and Impact
Charity Intelligence has rated The Learning Partnership as Fair impact based on demonstrated impact per dollar.
Impact Rating: Fair
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Finances
The Learning Partnership is a small charity, with total donations of $315k in F2018. Fundraising and administrative costs combined are 40% of revenues. For every dollar donated, 60 go to the cause. This is not within Ci’s reasonable range for overhead spending. Funding reserves of $4.3m can cover 10 months of annual program costs.
The Learning Partnership's audited financial statements are only available through a request for information with the Charities Directorate. These audited financial statements do not provide detailed breakdown of revenue sources. Charity Intelligence has used the information The Learning Partnership has self-reported on its T3010 for donations, government funding, and fees for services.
This charity report is an update that has been sent to The Learning Partnership for review. Changes and edits may be forthcoming.
Updated on May 28, 2019 by Lauren Chin.
Financial Review
Fiscal year ending June
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 40.0% | 33.7% | 32.6% |
| Total overhead spending | 40.0% | 33.7% | 32.6% |
| Program cost coverage (%) | 81.0% | 104.0% | 165.9% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 315 | 695 | 969 |
| Government funding | 2,463 | 2,655 | 2,285 |
| Fees for service | 1,979 | 2,165 | 2,057 |
| Special events | 1,842 | 2,168 | 900 |
| Investment income | 111 | 142 | 188 |
| Total revenues | 6,710 | 7,826 | 6,400 |
| Program costs | 5,245 | 5,702 | 5,053 |
| Fundraising & administrative costs | 2,640 | 2,586 | 2,023 |
| Total spending | 7,884 | 8,288 | 7,076 |
| Cash flow from operations | (1,174) | (462) | (677) |
| Capital spending | 29 | 55 | 36 |
| Funding reserves | 4,250 | 5,928 | 8,385 |
Note: Ci did not adjust for deferred contributions because it was unable to separate out deferred amounts related to donations and fees for service.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
3 |
$40k - $80k |
4 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
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