Boys and Girls Clubs of South Coast BC
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.
B-
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.
75%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 75 cents are available for programs.
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OVERVIEW
About Boys and Girls Clubs of South Coast BC:
Boys and Girls Clubs South Coast BC is a 4-star, financially transparent harity. It has a results reporting grade of B-, which is below average. Total overhead costs are 25%, which is within Ci’s reasonable range. Its reserve funds can cover nine months of annual program costs.
Founded in 2011, Boys and Girls Clubs South Coast BC (BGCSC) provides out-of-school programs for youth. It aims to provide a safe and supportive environment for children to develop life skills and confidence. In F2023, the charity reported serving 5,227 children across 139,077 visits.
The charity operates four main programs: Clubs, Camps, Employment Services, and Counselling. It did not provide a program spending breakdown.
The Clubs program provides recreational and educational after-school programs. In F2023, BGCSC reported serving 1,547 individuals with this program.
The Employment program helps youth enter or re-enter the workforce. It provides workshops, training, and job opportunities. In F2023, the charity reported serving 290 individuals with this program.
The Camps program runs summer camps for children. Participants hike, swim, and fish, among other outdoor activities. The charity states that it provides financial assistance to children who cannot afford the cost. In F2023, BGCSC reported serving 1,521 individuals with this program.
The Counselling program provides support services to children and their families. It offers substance use counselling, family resources, and a parent support group. In F2023, the charity reported serving 1,869 individuals with this program.
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Results and Impact
In 2022, Boys and Girls Clubs South Coast BC conducted a member survey. It is unclear which program(s) respondents had participated in. Across 366 respondents:
- 94% said that they feel more comfortable being themselves because of BGC,
- 96% said that they are more aware of the feelings of others because of BGC, and
- 94% said that they can bounce back after going through a hard time and are able to make better choices for themselves because of BGC.
While Charity Intelligence highlights these key results, they may not be a complete representation of Boys and Girls Clubs of South Coast BC’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
Boys and Girls Clubs South Coast BC received $3.1m in donations and special events revenue in F2023. Administrative costs were 11% of revenues. Fundraising costs were 14% of donations. Total overhead spending was 25%, which is within Ci’s reasonable range. For every dollar donated, 75 cents are available to go to the cause.
In F2023, the charity had $8.4m in reserve funds. Of these funds, $1.9m or 23% were donor-endowed. Excluding donor-endowed funds, these reserves can cover nine months of annual program costs.
BGCSC has an associated foundation, the BGC Foundation of South Coast BC. The Foundation’s purpose is to raise funds to support the charity. Ci consolidated the financial statements of the foundation and the charity to compile this review.
Charity Intelligence sent an update of this report to Boys and Girls Clubs of South Coast BC for review. Changes and edits may be forthcoming.
Updated on June 4, 2024 by Stellar Zhang.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.8% | 6.8% | 6.3% |
| Fundraising costs as % of donations | 14.4% | 13.1% | 9.5% |
| Total overhead spending | 25.3% | 19.8% | 15.8% |
| Program cost coverage (%) | 72.4% | 89.8% | 55.0% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 2,358 | 2,315 | 2,606 |
| Goods in kind | 0 | 7 | 12 |
| Government funding | 5,324 | 7,870 | 7,384 |
| Fees for service | 1,131 | 675 | 388 |
| Lotteries (net) | 252 | 246 | 255 |
| Special events | 754 | 440 | 505 |
| Investment income | 93 | 77 | 269 |
| Other income | 21 | 878 | 1,503 |
| Total revenues | 9,932 | 12,508 | 12,923 |
| Program costs | 9,022 | 7,881 | 7,205 |
| Donated goods exp | 0 | 7 | 12 |
| Administrative costs | 1,065 | 840 | 799 |
| Fundraising costs | 449 | 360 | 297 |
| Other costs | 24 | 14 | 23 |
| Total spending | 10,561 | 9,102 | 8,335 |
| Cash flow from operations | (629) | 3,406 | 4,588 |
| Capital spending | 4 | 22 | 402 |
| Funding reserves | 8,354 | 8,885 | 5,791 |
Note: Ci adjusted for deferred revenue from the BGCSC Foundation, affecting donations by $230k in F2023, $295k in F2022, and $193k in F2021. Ci adjusted for deferred revenue for the charity within other revenue, affecting it by $431k in F2023, $206k in F2022, and $385k in F2021. Ci did not include related party transactions between the agency and the foundation, including administration allocation and lease payments. This affected revenues by ($126k) in F2023, ($126k) in F2022, and ($126k) in F2021. Ci classified Gaming under Lotteries (net). Ci removed amortization of both the charity and foundation from expenses, affecting expenses by ($223k) in F2023, ($270k) in F2022, and ($267k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
7 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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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: (604) 879-6554