Help Eliminate Disease and Addiction Canada

4580 Dufferin Street, Suite 400
Toronto, ON M3H 5Y2
Director: Steve Mortfield
Director: Stephen Bloom

Charitable Reg. #:REVOKED MAY. 4, 2012

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

Not yet rated.

FINANCIAL TRANSPARENCY

Audited financial statements available only through official request for information from Charities Directorate.

NR

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.

97%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 97 cents are available for programs.



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Programs

About Help Eliminate Disease and Addiction Canada:

Founded in 2007, Help Eliminate Disease and Addiction Canada’s (HEDAC) mission is to eliminate disease and addiction by focusing on treatment and recovery.

DONOR ADVISORY: HEDAC's charity status was revoked by the CRA Charities Directorate for cause regarding tax fraudulent activities.

The website states that its focus is on the treatment and recovery of AIDS, malaria, tuberculosis, and addiction. HEDAC has experienced tremendous growth, issuing $60.7m in tax donation receipts in 2008. HEDAC credits its success to new philanthropy techniques.

In 2010, HEDAC shipped 8 million pills to Haiti, including the anti-retroviral Zidolam, the anti-fungal Fluconozol, and the broad-spectrum antibiotic Ciprofloxacin. In order to efficiently distribute these medicines to those in need throughout Haiti and the Dominican Republic, HEDAC has partnered with US-based AIDS charities, Aid for AIDS International, and Housing Works.

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Finances

2009 CRA filings show total expenditures of $53m of which $10.6m went to Prime Health Services in Ghana, $6.6m went to Diocese of Kakamega in Kenya and $36m went to Ministère De La Santé in an undisclosed African country. HEDAC’s financial information is available only through an official request for information to Canada Revenue Agency. Harris & Partners LLP did not undertake an audit or a review engagement providing only a notice to readers. HEDAC received $40.0m in donations, of which $38.7m was in undisclosed goods in kind and $31.4k was distributed to 14 charities in F2010. Reported administrative costs are 0.8% of revenues and fundraising costs are 2.1% of total donations. HEDAC has funding reserves of $40k which cover 0.1% of its annual program costs. According to the CRA filings, HEDAC has not reported any staff or salary compensation. Directors and trustees received compensation, with $1.04m paid in professional and consulting fees.

NOTE: HEDAC HAD ITS CHARITABLE REGISTRATION STATUS REVOKED BY THE CRA MAY. 4, 2012.

Financial Review


Financial Ratios

Fiscal year ending December
201020092008
Administrative costs as % of revenues 0.8%0.3%0.4%
Fundraising costs as % of donations 2.1%2.8%2.2%
Program cost coverage (%) 0.1%-0.1%1.1%

Summary Financial Statements

All figures in $000s
201020092008
Donations 38,88453,91360,692
Business activities (net) 1,1259920
Total revenues 40,00954,90560,692
Program costs 38,72453,46958,833
Administrative costs 317187235
Fundraising costs 8161,5051,322
Cash flow from operations 152(256)302
Funding reserves 40(37)621

Note: Financial statements unaudited.

Salary Information

Full-time staff: 0

Avg. Compensation $0

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2010

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Comments & Contact

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Charity Contact

Website: www.hedac.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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