Hockey Helps the Homeless
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
C-
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.
49%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 49 cents are available for programs.
You may also like:
Eva's Initiatives
We're more than a shelter, we're a fresh start.
Social Services - At-Risk Youth
Toronto, ON
My anchor
Programs
About Hockey Helps the Homeless:
Founded in 2000, Hockey Helps the Homeless (HHH) brings hockey pros and fans together in hockey tournaments to raise money for local homeless shelters and services. Its goal is to end homelessness in communities across Canada.
Between 2016 and 2017, HHH hosted tournaments in Barrie, Montreal, Toronto, London, Edmonton, Kitchener-Waterloo, Calgary,
By registering as a player or a team, donors play a minimum of 3 games with 2 retired NHL or Olympic pros on their team. Players can register in the competitive, recreational or 50-plus tournaments depending on their skill level and desired intensity of play. Some of the pros participating in the 2017 tournament include NHL alumni Wendel Clark, Gilbert Dionne, and Brad May. Olympians participating include Meaghan Mikkelson, Natalie
In 2016 Hockey Helps the Homeless made grants to 44 homeless charities including $260k to Eva's in Toronto, and $220k to 360 Kids in Markham. HHH ensures that funds raised in a community are spent in the same community. Hockey Helps the Homeless grants to many of the best known Canadian homeless charities.
My anchor
Finances
Hockey Helps the Homeless is a medium-sized charity with donations and tournament income of $3.5m in F2016. $400k of donations are from corporate sponsorships. In F2016, administrative costs made up 18% of revenues and fundraising costs were 33% of donations. For every $1 donated, 49 cents went to the cause. This is outside what Charity Intelligence considers a reasonable range for overhead spending.
Funding reserves in F2016 total $158k and cover 8% of program costs. Hockey Helps the Homeless has enough funds to cover less than one month of programming, showing a need for funding.
This charity report is an update that is currently being reviewed by Hockey Helps the Homeless. Changes and edits may be forthcoming.
Updated on May 31,
Financial Review
Fiscal year ending June
|
2016 | 2015 | 2014 |
|---|---|---|---|
| Administrative costs as % of revenues | 17.9% | 18.8% | 18.4% |
| Fundraising costs as % of donations | 32.7% | 34.6% | 35.4% |
| Program cost coverage (%) | 8.2% | 22.0% | 8.4% |
Summary Financial StatementsAll figures in $s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 339,586 | 267,043 | 229,305 |
| Special events | 3,138,986 | 2,852,842 | 2,065,452 |
| Total revenues | 3,478,572 | 3,119,885 | 2,294,757 |
| Grants | 1,914,893 | 1,308,882 | 986,368 |
| Administrative costs | 624,005 | 585,392 | 422,821 |
| Fundraising costs | 1,137,486 | 1,078,893 | 813,058 |
| Cash flow from operations | (197,812) | 146,718 | 72,510 |
| Funding reserves | 157,669 | 288,542 | 83,095 |
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
2 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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.