Alzheimer Society of Toronto

20 Eglinton Avenue West, 16th Floor
Toronto, ON M4R 1K8
CEO: Cathy Barrick
Board Chair: Mike French

Charitable Reg. #: 10670 5262 RR0001
Sector: Health
Operating Charity

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 for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #34

Avg. Compensation $99,427

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 1
$80k - $120k 3
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Alzheimer Society of Toronto:

Founded in 1984, Alzheimer Society of Toronto (AST) is one of Alzheimer Society of Ontario’s member chapters. Its mission is to alleviate personal and social consequences of Alzheimer’s disease and other dementias, and to promote research. To achieve this mission, AST offers support, information and education to people with dementia, families, and caregivers; increases public awareness of dementia; promotes research; and advocates for services that respect the dignity of people with dementia.

F2017 program costs and grants of $4.1m include $765k on program direct costs (19% of program spending), $356k on caregiver framework costs (9% of program spending), $88k on education and awareness (2% of program spending), and $50k in research funding directed to Alzheimer Society of Ontario (1% of program spending). Salaries and administrative overhead allocation costs account for the remaining $2.8m (69% of program spending).

In its most recent F2017 annual report, Alzheimer Society of Toronto states that its education programs educated 10,852 people, including 1,312 healthcare professionals who completed certificate programs and 1,538 people who accessed online education resources. The charity ran 709 public education sessions over the year. AST also reports 4,118 participants in its support groups and education sessions in F2017 (up 76% from F2016), and connected 4,590 people with care services (up 15% from F2016). AST’s Music Project allows people with dementia access to personalized playlists for free to improve their quality of life – AST states that research suggests that favorite music can trigger memories of experiences connected to the music. Music therapy is thought to calm chaotic brain activity in people with dementia. In F2017, AST issued 1,092 iPods. The charity’s caregiver project for seniors is a self-directed program for caregivers of people with any disability. Caregivers identify their needs, whether it be counselling, education, enhanced system navigation, or small grants. Other programs run by AST include dementia support groups, dementia workshops, ALZeducate online courses, dementia webinars, First Link, and its Active Living program.

Financial Review:

Alzheimer Society of Toronto is a medium-sized charity with total donations and special events fundraising of just under $4.0m in F2017. Administrative costs are 3% of revenues and fundraising costs are 39% of donations and special events (excluding amounts received from Alzheimer Society of Ontario). Per dollar donated to the charity, $0.58 goes towards its programs and grants, which falls outside Ci’s reasonable range for overhead spending. Alzheimer Society of Toronto’s funding reserves of $3.1m can cover 78% of annual programs costs and grants.

This charity report is a new profile currently being reviewed by Alzheimer Society of Toronto. Comments and edits may be forthcoming.

Profile created on July 14, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 3.1%3.3%1.9%
Fundraising costs as % of donations 39.1%42.9%34.5%
Program cost coverage (%) 77.6%77.4%69.7%

Summary Financial Statements

All figures in $000s
Donations 2,4802,2092,639
Government funding 1,3341,3341,139
Fees for service 417187142
Special events 1,4951,4141,279
Investment income 233748
Other income 02010
Total revenues 5,7495,3835,247
Program costs 4,0074,1813,424
Grants 5045150
Administrative costs 17717799
Fundraising costs 1,4381,4241,248
Cash flow from operations 77(443)326
Funding reserves 3,1493,2722,492
Note: Other revenue includes a one-time cost recovery after AST merged finance operations with Alzheimer Society of Canada and Alzheimer Society of Ontario. Ci reported research costs in grants based on the charity’s T3010 CRA filings. Ci backed out amortization of capital assets from administrative costs. To report on a cash basis, Ci adjusted for changes in deferred capital contributions in donations, decreasing revenues by $15k in F2017, F2016, and F2015.

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