Moisson Mauricie
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Average
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.
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Programs
About Moisson Mauricie:
Founded in 1987, Moisson Mauricie (MME) is the only foodbank serving the Mauricie and Centre-du-Quebec area. MME collects, recovers, and distributes food to partner organizations that assist the economically and socially disadvantaged people in the area. MME reports that the number of people accessing foodbanks is increasing every year in Quebec.
In F2019, MME received 3.2 million kg (a 7% decrease from F2018) of food worth close to $23m from 79 suppliers. Out of all food collected by the charity, 38% was nonperishable products, 21% was dairy products, 19% was fruits and vegetables, 13% was baked goods, and 9% was meat and meat alternatives. Within its food collection, MME recovers food that would be wasted at supermarkets and repurposes it to feed the hungry. In F2019, MME recovered 835,687 kg of food. Of all food collected, MME distributed 3.1 million kg (a 7% increase from F2018) valued at just over $22 million. This means that 2.9% of food received was wasted.
Through its food distribution, MME helps over 30,652 people every month (an increase of 5% over F2017), of which 9,500 are children. MME reports that 30% of requests for food come from households with children and 58% come from people living alone. The food provided by MME resulted in 54,833 meals and 14,033 snacks being prepared.
Moisson Mauricie reports that for every $1 cash donation, it can distribute $18 worth of food.
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Results and Impact
Charity Intelligence has given Moisson Mauricie an impact rating of Average for demonstrated social impact per dollar spent.
Impact Rating: Average
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Finances
Moisson Maurice is a large charity with monetary donations totaling $1.1m and donated food worth $28.8m in F2018. Administrative costs are 0.2% of revenues (excluding investment income) and fundraising costs are 6% of monetary donations. Including the cost of donated food, the fundraising ratio drops to 0.2%. For every dollar donated, 93 cents go to its programs. This is within Ci’s reasonable range for overhead expenditures. MME has net funding reserves of ($196k). This is a result of $472k in long-term interest-bearing debt.
This report is an update that has been sent to Moisson Mauricie for review. Changes and edits may be forthcoming.
Updated August 13th, 2019 by Stefan Tetzlaff.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 0.2% | 0.3% | 4.2% |
| Fundraising costs as % of donations | 6.4% | 3.9% | 3.5% |
| Total overhead spending | 6.6% | 4.2% | 7.7% |
| Program cost coverage (%) | (24.3%) | (40.9%) | (52.9%) |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 1,098 | 979 | 937 |
| Goods in kind | 28,808 | 15,362 | 9,912 |
| Fees for service | 108 | 19 | 21 |
| Special events | 31 | 30 | 35 |
| Investment income | 0 | 0 | 1 |
| Other income | 1 | 7 | 1 |
| Total revenues | 30,046 | 16,397 | 10,907 |
| Program costs | 808 | 858 | 694 |
| Donated goods exp | 28,808 | 15,362 | 9,912 |
| Administrative costs | 48 | 48 | 41 |
| Fundraising costs | 72 | 39 | 34 |
| Total spending | 29,737 | 16,307 | 10,681 |
| Cash flow from operations | 309 | 89 | (9,686) |
| Capital spending | 191 | 153 | 381 |
| Funding reserves | (196) | (351) | (367) |
Note: Ci reconciled the charity's T3010 filing with its audited financials in F2018 and F2016 to allocate expenses to programs, admin, and fundraising. In F2017, the charity's T3010 filing did not match the audited financials so Ci allocated the difference to program costs. Ci backed amortization out of program costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
3 |
< $40k |
7 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
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