True North Aid
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
C
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.
86%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.
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OVERVIEW
About True North Aid:
True North Aid is a 3-star charity with a below-average results reporting score. Its overhead costs are within Ci’s reasonable range, and it has reserve funds to cover program costs for six months.
Founded in 2009, True North Aid provides assistance to remote Indigenous communities to reduce poverty. Its programs are established on eight foundational stones of support: self-determination, reconciliation, water, food, health, housing, culture and education. In F2022, the charity reported that it shipped 114,555 lb of aid to remote communities and supported over 6,087 people.
The charity’s Community Initiatives program funds Indigenous-led projects that aim to create positive community-centred change. In F2022, True North Aid funded 34 community initiatives.
True North Aid also runs various supplies programs through which the charity provides necessities to communities where access to supplies is challenging. In F2022, through its Good Night’s Sleep program, True North Aid provided 38 communities with 759 bed sets. Each set included a bed frame, mattress, mattress protector, blankets, sheets, and pillows. In F2022, through its Back to School program, True North Aid provided over 2,000 backpacks with school supplies to 16 communities.
The charity also runs reconciliation programs to raise awareness and connect communities. In F2022, the charity ran its Hockey Cares program after a two-year break, with 30 youths participating from Oakville, Ontario and Attawapiskat, Ontario.
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Results and Impact
Charity Intelligence did not find any quantified outcomes on True North Aid’s website. This may not be a complete representation of True North Aid’s results and impact.
This charity is not yet rated on impact (n/r).
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Finances
In F2022, True North Aid received $1.8m in donations.
Administrative costs are 14% of revenues (less investment income) and reported fundraising costs are 0% of donations. This results in total overhead spending of 14%. For every dollar donated, 86 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
True North Aid has reserve funds of $1.1m. The charity can cover six months of annual program costs with its existing reserves.
This charity report is an update that has been sent to True North Aid for review. Changes and edits may be forthcoming.
Updated on June 19, 2023 by Kiara Andrade.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 14.3% | 5.5% | 9.6% |
Fundraising costs as % of donations | 0.0% | 0.0% | 0.0% |
Total overhead spending | 14.3% | 5.5% | 9.6% |
Program cost coverage (%) | 51.2% | 128.5% | 128.8% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 1,793,938 | 2,959,456 | 973,596 |
Government funding | 0 | 2,942 | 1,983 |
Special events | 16,026 | 0 | 1,840 |
Investment income | 4,200 | 192 | 0 |
Total revenues | 1,814,164 | 2,962,590 | 977,419 |
Program costs | 2,177,696 | 1,383,776 | 389,542 |
Grants | 0 | 94,650 | 47,750 |
Administrative costs | 259,159 | 164,260 | 94,180 |
Fundraising costs | 0 | 0 | 0 |
Total spending | 2,436,855 | 1,642,686 | 531,472 |
Cash flow from operations | (622,691) | 1,319,904 | 445,947 |
Capital spending | 0 | 0 | 0 |
Funding reserves | 1,114,242 | 1,899,559 | 563,156 |
Note: To report on a cash basis, Ci adjusted for deferred donations, affecting revenues by $244k in F2022, ($44k) in F2021, and $51k in F2020. Ci reported grants from the charity’s T3010 filings with the CRA, and removed the respective amounts from program costs. The charity’s T3010 filings for 2022 are not yet available so the amount for grants has not been adjusted.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
1 |
< $40k |
1 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
True North Aid is a Canadian, registered charity that provides practical, humanitarian support to northern and remote Indigenous communities in Canada. We are committed to working with communities that are more than two hours away from critical services and goods such as hospitals, specialized care and support services, grocery stores, and other essential needs. Many of these communities are only accessible by plane, ice roads or barge/ferry.
To help those understand the scope of the needs in remote communities and to help guide and focus True North Aid’s work, eight foundational stones of support were created in 2016 with input from our Indigenous Advisory Committee. These stones include self-determination, reconciliation, water, food, health, housing, culture, and education. Defining these allows us to fulfill a wide range of needs in the Indigenous communities that reach out to us. Within these areas of focus, True North Aid prioritizes self-determination and empowering the community partners we work with. By collaborating with local community leaders, we hear from them directly to understand the needs in their community. This ensures that True North Aid is able to build sustainable, lasting change in the areas they’ve deemed a priority.
True North Aid is committed to transparency and sharing with our donors the impact their donations are having in northern and remote Indigenous communities across Canada. Each year, we produce an Impact Report, and hold a Year-in-Review which can be viewed on our website (https://truenorthaid.ca/our-impact/) along with our annual Audited Financial Statements.
If you have any questions, we welcome you to reach out to our Donor Relations and Corporate Outreach Coordinator at donate@truenorthaid.ca. Thank you for taking the time to learn more about us!
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-226-444-3385