LiveDifferent
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.
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.
82%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.
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OVERVIEW
About LiveDifferent:
LiveDifferent is a 3-star rated charity, with below-average results reporting and reasonable overhead costs. It has Fair impact. With its current reserves the charity can cover less than one month of annual program costs.
Founded in 2000, LiveDifferent aims to empower and engage youth in a lifestyle of care and service. LiveDifferent organizes trips for teens to developing countries. The charity also hosts presentations at Canadian schools.
LiveDifferent was reviewed for update June 2024, but no new information was found. The report was written using the 2022 annual report and audited financial statements.
The charity had three main programs in F2022: LiveDifferent Builds, Presentation and school assemblies, and LiveDifferent Projects.
LiveDifferent Builds was 38% of Live Different’s program spending in F2022. Volunteers spend eight to ten days building homes or schools in the Dominican Republic, Mexico, Haiti, or Thailand. In F2022, LiveDifferent built 10 homes. The beneficiaries were 16 adults and 15 children.
Presentations and school assemblies represented 32% of Live Different’s program spending in F2022. Presentations are one hour long and include a team of youth speakers and mentors, as well as a live band. Live Different reports that it has presented to over 1.8 million students at 4,116 schools since 2000. This program includes the Circles Program, which was created to reach students remotely through online programming. In F2022, 193 Circles Programs were facilitated. This led to 36,976 hours of meaningful conversations. The charity reports that 1,162 student leaders were trained to facilitate Circle Programs.
LiveDifferent Projects were 28% of LiveDifferent’s program spending in F2022. LiveDifferent Projects improve communities where LiveDifferent Builds take place. Past projects include building schools, playgrounds, and medical clinics. One of the main projects for F2022 is the Freedom Village in Haiti which is currently under construction. The Freedom Village will be a safe home for girls who have experienced abuse through Haiti’s Restavek system
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Results and Impact
LiveDifferent reports the following undated outcomes on its website:
88% of LiveDifferent Builds volunteers intend to be involved in social justice in the future. 95% of volunteers intend to live in a more sustainable way. 88% of volunteers gained more confidence in their abilities to make change.
Of the youth that attended LiveDifferent's presentations and school assemblies, 93% reported being more inclined to listen or help a friend. 92% reported an increased understanding of empathy, and 75% reported that they would be sharing learnings with friends and family.
While Ci highlights these key results, they may not be a complete representation of LiveDifferent’s results and impact.
Charity Intelligence has given LiveDifferent a Fair impact rating based on demonstrated impact per dollar spent.
Impact Rating: Fair
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Finances
LiveDifferent received donations of $1.8m in F2022. Live Different also received $193k in government funding (8% of revenues) and $148k in fees for service.
Administrative costs are 8% of total revenue (excluding investment income), and fundraising costs are 10% of donations and special events fundraising. This results in a total overhead of 18%. For every dollar donated, 82 cents are available for programs. This is within Ci’s reasonable range for overhead spending.
In F2022, LiveDifferent spent $1.7m on its programs, which is 70% of total revenues. The charity had an operating surplus of $450k, and capital expenditures of $241k (down 75% from F2021)
LiveDifferent has net reserve funds of $89k ($260k in cash and investments less $170k in interest-bearing debts). The charity has less than one month covered by its existing reserve funds.
This charity report is an update that has been sent to LiveDifferent for review. Changes and edits may be forthcoming.
Updated on June 27, 2024 by Alessandra Castino.
Financial Review
Fiscal year ending August
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.9% | 5.6% | 6.1% |
| Fundraising costs as % of donations | 9.7% | 7.1% | 14.2% |
| Total overhead spending | 17.6% | 12.7% | 20.3% |
| Program cost coverage (%) | 5.2% | 12.4% | 49.5% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 1,775,666 | 1,345,252 | 1,757,070 |
| Government funding | 192,637 | 532,046 | 502,855 |
| Fees for service | 147,627 | 92,514 | 279,863 |
| Special events | 11,410 | 1,216 | 17,094 |
| Investment income | 1,234 | 1,574 | 48,440 |
| Other income | 431,275 | (39,724) | 874,148 |
| Total revenues | 2,559,849 | 1,932,878 | 3,479,470 |
| Program costs - International | 1,172,066 | 949,184 | 1,333,080 |
| Program costs - Canada | 561,991 | 585,161 | 964,322 |
| Administrative costs | 202,812 | 108,320 | 210,122 |
| Fundraising costs | 173,383 | 95,534 | 251,524 |
| Total spending | 2,110,252 | 1,738,199 | 2,759,048 |
| Cash flow from operations | 449,597 | 194,679 | 720,422 |
| Capital spending | 240,663 | 971,183 | 655,791 |
| Funding reserves | 89,384 | 190,186 | 1,138,302 |
Note: AMORTIZATION: Amortization has been removed from administrative costs as outlined in the charity’s audited financial statements. DEFERRED REVENUE: Ci adjusted for deferred revenues and deferred capital contributions, affecting other revenue by $422k in F2022, ($61k) in F2021, and $870k in F2020. This was included in other revenue as the charity does not separate government from non-government deferred revenue. GAIN ON DISPOSAL OF CAPITAL ASSETS: Ci removed gain on disposal of capital assets, decreasing revenues by $nil in F2022, $13k in F2021, and $16k in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
4 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
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