1579 Laviolette Street
Trois-Rivieres, QC G9A 1W5
Board President: Jean Pellerin
Spokesman: Stéphane Beaulac

Charitable Reg. #:11904 4071 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.

A

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.



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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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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


Financial Ratios

Fiscal year ending March
201820172016
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 Statements

All figures in $000s
201820172016
Donations 1,098979937
Goods in kind 28,80815,3629,912
Fees for service 1081921
Special events 313035
Investment income 001
Other income 171
Total revenues 30,04616,39710,907
Program costs 808858694
Donated goods exp 28,80815,3629,912
Administrative costs 484841
Fundraising costs 723934
Total spending 29,73716,30710,681
Cash flow from operations 30989(9,686)
Capital spending 191153381
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

Full-time staff: 31

Avg. Compensation $16,015

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
3
< $40k
7

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.moisson-mcdq.org
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