Alzheimer Society of Alberta & NWT
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.
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.
56%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 56 cents are available for programs.
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OVERVIEW
About Alzheimer Society of Alberta & NWT:
Founded in 1988, Alzheimer Society of Alberta & NWT (ASANT) is one of the ten provincial arms of Alzheimer Society of Canada. The charities work together towards a common goal of a world without dementia. Alzheimer Society of Alberta & NWT currently has one provincial office and seven regional centers across Alberta and Northwest Territories, located in Edmonton, Fort McMurray, Grande Prairie, Lethbridge, Medicine Hat, Red Deer, and Yellowknife. Alzheimer’s disease is the most common form of dementia and 46,000 of the 564,000 Canadians living with dementia are Albertans.
ASANT’s mission is to bring awareness to Alzheimer’s disease and other dementias; help alleviate personal and social consequences of the disease; provide education and support programs; and promote and fund research on the cause, prevention and cure of dementia. The charity’s major programs include Support Services, Information and Education, and Research. ASANT spent $1.8m on programs and services (81% of program spending) and $424k on research (19% of spending) in F2020.
Support Services: ASANT offers province-wide peer support groups, telephone support and resources through its First Link service for those with dementia and their care partners. In F2020, ASANT spent 6,797 hours helping clients, facilitated 68 monthly support groups and provided 3,283 referrals to community services.
Information and Education: Alzheimer Society of Alberta & NWT helps people understand Alzheimer's disease and other dementias, find strategies to live with dementia, and access community-based resources. In F2020, the charity conducted 303 presentations to increase public awareness of dementias and dementia resources. It also had over 550 monthly visits to ASANT Cafe, its online learning platform for people with dementia and their caregivers that offers discussion boards and educational resources.
Research: ASANT funds research through two major programs: the Alberta Alzheimer Research Program (AARP) and the Alzheimer Society Research Program (ASRP). ASANT co-funds AARP with the Alberta Prion Research Institute and Alberta Innovates, while ASRP is controlled by Alzheimer Society's national headquarters.
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Results and Impact
Charity Intelligence did not find any quantified outcomes for Alzheimer Society of Alberta & NWT.
Charity Intelligence has not assessed impact on ASANT. This shows as n/r, meaning not rated.
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Finances
Alzheimer Society of Alberta & NWT received $3.1m in donations and special events fundraising revenue in F2020. Administrative costs are 17% of revenues (excluding investment income), and fundraising costs are 28% of donations. For every dollar donated, 56 cents go towards the charity’s programs, which is outside of Ci’s reasonable range for overhead spending.
The charity's funding reserves of $5.4m can cover annual program costs and grants for 2.4 years.
This charity report is an update that has been sent to Alzheimer Society of Alberta & NWT for review. Comments and edits may be forthcoming.
Updated on August 20, 2021 by Rachel Leteta.
Financial Review
Fiscal year ending July
|
2020 | 2019 | 2018 |
|---|---|---|---|
| Administrative costs as % of revenues | 16.6% | 22.3% | 23.5% |
| Fundraising costs as % of donations | 27.8% | 42.5% | 47.1% |
| Total overhead spending | 44.4% | 64.8% | 70.5% |
| Program cost coverage (%) | 240.3% | 237.3% | 247.2% |
Summary Financial StatementsAll figures in $s |
2020 | 2019 | 2018 |
|---|---|---|---|
| Donations | 1,885,443 | 1,527,658 | 1,129,749 |
| Government funding | 869,973 | 553,889 | 782,196 |
| Special events | 1,202,571 | 1,943,604 | 1,706,978 |
| Investment income | 153,915 | 104,287 | 93,221 |
| Other income | 92,779 | 52,528 | 2,272 |
| Total revenues | 4,204,681 | 4,181,966 | 3,714,416 |
| Program costs | 1,835,913 | 1,568,939 | 1,700,635 |
| Grants | 424,050 | 850,043 | 570,087 |
| Administrative costs | 672,964 | 909,684 | 850,227 |
| Fundraising costs | 857,974 | 1,475,785 | 1,335,154 |
| Total spending | 3,790,901 | 4,804,451 | 4,456,103 |
| Cash flow from operations | 413,780 | (622,485) | (741,687) |
| Capital spending | (36,999) | 11,059 | 9,859 |
| Funding reserves | 5,431,620 | 5,740,103 | 5,613,347 |
Note: Ci included reimbursement of research grants and lease inducements in other revenue. Ci included expenses for the Alzheimer’s Face Off Hockey Tournament, increasing both revenues and expenses by $160k in F2020, $173k in F2019, and $160k in F2018. Ci backed out amortization from administrative costs. ASANT changed its year-end from March to July in F2019. This resulted in a four month period of financials (March 31st, 2019 - July 31st, 2019) which was not included in this analysis for consistency of presentation.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
3 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2020
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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: (780) 761-0030