The Mustard Seed

102 11 Ave SE
Calgary, AB T2G 0X5
CEO: Stephen Wile
Board Chair: Kevin Schular

Website: www.theseed.ca
Charitable Reg. #: 87453 2518 RR0001
Sector: Social Services - Homeless (Shelter)
Operating Charity

Donor Accountability

Grade: C+

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #246

Avg. Compensation $46,033

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 1
$80k - $120k 7
$40k - $80k 1
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About The Mustard Seed:

Founded in 1984, The Mustard Seed is a Christian organization that serves people experiencing poverty and homelessness in Calgary and Edmonton. It has a mission to “build hope and wellbeing for our most vulnerable citizens through Jesus’ Love.” The charity operates shelters, resource centres, and community programs in Calgary and Edmonton. Both locations provide basic services including food, clothing, and hygiene supplies. Programs to assist clients find long-term housing solutions are also offered in both locations, as well as services in health and wellness, employment, and spiritual care.

In Calgary, The Mustard Seed operates an emergency shelter with a capacity for 371 men and women. On average, its emergency shelter serves 350 individuals per night, at 95% capacity. The shelter gives all staying at the shelter dinner, a hot breakfast and a bagged lunch. People stay an average of 2 weeks at the shelter.  The charity reports that 40% of their guests have jobs, but cannot afford a place to live. In March 2014, The Mustard Seed opened an affordable housing complex in Calgary, which provides homes to 224 low-income individuals, many of whom have just come out of homelessness.  

In Edmonton, Mustard Seed provides people with low-income clothing, counselling, housing assistance, employment coaching, and spiritual development, and its kitchen serves between 250-300 meals each day. Basic services include The Mustard Seed meal program and Food Depot, which provide evening meals Monday through Saturday, and food hampers. Over 7,000 clients are helped a year through these programs. The Mustard Seed also operates Westwood Manor, a 20-unit affordable housing program delivered to chronically homeless men and women. Clients at Westwood Manor have access to onsite housing support workers 24/7.

On May 18, 2017, The Mustard Seed announced that Mosaic Centre will become a part of the Mustard Seed. Mosaic Centre opened in 2009 as a resource centre in Northeast Edmonton, serving people affected by poverty, hunger, and homelessness. The Mustard Seed anticipates reaching more individuals in need as a result of this merger.

Financial Review:

The Mustard Seed is a big-cap charity with $13.2m in donations in F2017. It also received $9.0m in government funding and $2.4m in rental payments as part of its housing programs. Administrative costs were 1% of revenues and fundraising costs were 27% of donations. For every $1 donated, 72% went to the cause, falling within Charity Intelligence’s reasonable range for overhead spending.

The charity has $910k in funding reserves, which include $5.5m in cash and cash equivalents and ($4.3m) in loans payable. The Mustard Seed has enough funding reserves to cover less than one month of programs. External fundraisers were paid $1.6m in F2016 and brought in $1.6m in donations according to the charity’s T3010 filing with the CRA, meaning that the cost of the external fundraiser was 100%.

This financial analysis was compiled using consolidated financial statements of The Mustard Seed Society and The Mustard Seed Foundation. Both charities' T3010 filings with the CRA were used to collect compensation data.

This charity report is an update that is currently being reviewed by The Mustard Seed. Changes and edits may be forthcoming.

Updated on August 1, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 1.1%0.7%1.4%
Fundraising costs as % of donations 27.4%27.9%26.5%
Program cost coverage (%) 4.8%5.0%65.8%

Summary Financial Statements

All figures in $000s
201720162015
Donations 13,15414,21911,442
Goods in kind 321359314
Government funding 8,9768,8559,286
Fees for service 2,3582,2991,552
Business activities (net) (163)(164)(208)
Investment income 805927
Total revenues 24,72726,16022,393
Program costs 18,93117,61415,692
Administrative costs 263166311
Fundraising costs 3,6063,9663,034
Cash flow from operations 1,9274,4133,357
Funding reserves 91088310,330
Note: Ci did not include impairment loss in financial analysis as it was a non-cash loss due to a write-down to estimated recoverable value due to damage in the 2013 flood. Amortization as recorded as a non-cash expense and was backed out of program costs, affecting program costs by ($2.7m) in F2017, ($2.7m) in F2016, and ($2.7m) in F2015.  

Comments added by the Charity:

If you have any questions about this report, please contact The Mustard Seed at 403-269-1319 or view our Financial Statements online at www.theseed.ca.

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