#101 33119 South Fraser Way
Abbotsford, BC V2S 2B1
Executive Director: John Chalkias
Board Chair: Ken Toews

Charitable Reg. #:89122 8280 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 upon request.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

Low

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.

79%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 79 cents are available for programs.



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Programs

About Seeds of Hope:

Seeds of Hope, also known as Seeds of Hope Children’s Ministry, was started in 1995 to help children orphaned because of AIDS. The charity exists to equip children to love and serve Jesus Christ while becoming healthy, educated, responsible members of society. Its vision is to raise leaders and it believes the way to do this is through education and opportunity.

Seeds of Hope operates a main orphanage, the Buseko Children’s Home, in Zambia. Buseko Home houses children under the age of 6. To provide education to older children, Seeds of Hope built a school, Grace Academy, that it claims is the only boarding school in the world that caters specifically to HIV/AIDS affected or infected children. The charity provides medical care and antiretroviral therapy for all of its HIV positive children. Grace Academy is home to over 170 orphaned children.

Seeds of Hope operates Precious Gems Home in Myanmar for children who have been cast away because of HIV/AIDS.

As well, Seeds of Hope also operates Nuu Rain to provide a home, medical care, and life skills to women living with HIV in northern Thailand, and to allow them to reintegrate into their society.

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Results and Impact

Seeds of Hope reports that Grace Academy is home to over 170 orphaned children. The charity also mentions that it feeds 300 people per day. Client information is not provided for other programs.

Charity Intelligence has rated Seeds of Hope as Low demonstrated impact per dollar spent.

Impact Rating: Low

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Finances

Seeds of Hope had donations of $2.1m in 2018, up 42% from $1.4m in 2016. Administrative costs are 21% of total revenues and the charity reports no fundraising costs. Overall overhead costs are within Ci’s reasonable range, although there is not adequate disclosure on fundraising costs.  The charity has funding reserves of $933k which cover annual program costs for just over a year, indicating a funding need.

Financial Review


Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 20.5%20.7%8.6%
Fundraising costs as % of donations 0.0%0.0%0.0%
Total overhead spending 20.5%20.7%8.6%
Program cost coverage (%) 55.6%59.2%68.9%

Summary Financial Statements

All figures in $s
201820172016
Donations 2,061,2421,931,1671,448,853
Goods in kind 8,0783,2387,315
Business activities (net) 12,03514,86121,994
Investment income 5,9643,16718,459
Total revenues 2,087,3191,952,4331,496,621
Program costs - International 1,679,5541,490,4171,312,019
Program costs - Canada 000
Administrative costs 427,368404,204127,043
Fundraising costs 000
Other costs 9,22916,62224,605
Total spending 2,116,1501,911,2401,463,670
Cash flow from operations (28,832)41,19032,954
Capital spending 3,8551,6541,005
Funding reserves 933,408882,798903,931

Salary Information

Full-time staff: 4

Avg. Compensation: $52,806

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
2
< $40k
2

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.seedsofhopecm.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-870-4810

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