2125 Hertz Street
Quebec, QC G1N 4E1
President: Alain Gagnon
Vice President: Martine Levasseur

Charitable Reg. #:1190 44097 RR0001

STAR RATING

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

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FINANCIAL TRANSPARENCY

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

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.

93%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 93 cents are available for programs.



My anchor

Programs

About Moisson Quebec:

Founded in 1987, Moisson Quebec (MQC) is the only alternative food bank in the greater Quebec City area. An alternative food bank not only collects and distributes food but also runs programs such as community kitchens, buying groups, and collective gardens. MQC’s central food distribution program collects, sorts, stores, and distributes food to community organizations across Quebec City.

In F2019, MQC collected 3.2 million kg (a 7% increase from F2018) of food worth close to $21m from 140 providers. MQC collected 598,000 kg of this food through its supermarket recovery program. This program takes food that grocery stores would normally waste and repurposes it. Out of all food collected, 33% was fruits and vegetables, 30% miscellaneous, 17% baked goods, 12% meat, 6% dairy products, and 2% non-food.

MQC distributed 3.3 million kg (a 10% increase from F2018) of food worth $21m to 125 partner organizations. MQC food distribution served 2.3 million snacks and meals and gave out 378,000 bags of groceries. Through this program, MQC serves 35,400 people each month. MQC reports that 45% of people helped are families and 42% are less than 18 years old. MQC states that for every dollar received in donations, they can distribute 13 dollars of food.

Moisson Quebec’s alternative focus helps people living in difficult socio-economic situations. It encourages socialization and increases people’s knowledge about nutrition. MQC runs creative kitchens where groups of 4 to 6 people share time, money, and skills to create healthy meals for the group. MQC also runs shopping groups which allow people to meet once a month to buy goods directly from suppliers. On average, this results in a 39% savings. Lastly, MQC runs collective gardens that provide a community with a piece of land to grow crops and split the harvest amongst the group.

My anchor

Finances

Moisson Quebec is a large charity with monetary donations totaling $1.6m and donated food worth $19m F2018. Administrative costs are 1% of revenues and fundraising costs are 6% of monetary donations. Including the cost of donated food, the fundraising ratio drops to less than 1%.  For every dollar donated, 93 cents go to its programs. This is within Ci’s reasonable range for overhead expenditures. MQC has net funding reserves of $1.1m. This can cover program costs (excluding donated food) for almost 10 months.

This report is an update that has been sent to Moisson Quebec for review. Changes and edits may be forthcoming.

Updated August 12th, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 0.9%0.9%1.2%
Fundraising costs as % of donations 5.9%8.1%17.0%
Total overhead spending 6.8%9.0%18.1%
Program cost coverage (%) 93.0%78.5%139.2%

Summary Financial Statements

All figures in $000s
201820172016
Donations 1,6211,4841,495
Goods in kind 19,02016,72516,857
Government funding 324946
Other income 605368
Total revenues 20,73318,31018,465
Program costs 1,1901,168893
Donated goods exp 19,02016,72516,857
Administrative costs 178170218
Fundraising costs 96120254
Total spending 20,48418,18318,221
Cash flow from operations 249127244
Capital spending 20761924
Funding reserves 1,1079171,243

Note: Ci reconciled the charity's T3010 filing to allocate expenses to programs, admin, and fundraising. Ci removed amortization from program costs. 

Salary Information

Full-time staff: 15

Avg. Compensation $55,572

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
1
$40k - $80k
6
< $40k
3

Information from most recent CRA Charities Directorate filings for F2018

My anchor

Comments & Contact

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Charity Contact

Website: www.moissonquebec.com
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