Big Brothers Big Sisters Toronto

501 - 2345 Yonge Street
Toronto, ON M4P 2E5
Interim President & CEO: Brian Lynch
Board Chair: David Sturdee

Charitable Reg. #: 10679 3771 RR0001
Sector: Social Services - Youth
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: A-

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 #37

Avg. Compensation $54,764

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 0
$80k - $120k 1
$40k - $80k 8
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Big Brothers Big Sisters Toronto:

Founded in 1913, Big Brothers Big Sisters Toronto (BBBST) aims to be a community leader by providing Toronto’s young people with volunteer-based mentoring programs. BBBST specifically focuses on the estimated 145,000 Toronto children living in poverty. In 2014, 78% of BBBST’s mentees came from single-parent homes, 82% were visible minorities, and 75% lived at or below the poverty line. BBBST's mentorship program provides attention, guidance, and acts as a positive role model to children.

In F2014, Big Brothers Big Sisters Toronto mentored and worked with 1,850 children and youth. BBBST aims to serve 2,000 children by F2016. Its Big Brothers Big Sisters Mentoring program matches volunteer mentors with children aged 6 to 18. In F2014, BBBST facilitated 286 big brother little brother matches, 222 big sister little sister matches. Also in F2014, BBBST facilitated 159 matches through its In-School Mentoring program, and 234 matches through its Youth-In School Mentoring program.

In F2014, new mentoring programs worked with younger children: Go Girls! Mentored 306 girls aged 10 to 14, Game On! mentored 219 boys aged 10 to 14, and Big Bunch Group Mentoring events mentored 93 mentees aged 6 to 14. Further, through BBBST’s Post-Secondary Readiness program, university students mentored 196 Grade 9 and 10 youths. The program shows youth the ropes of college, opening their eyes to future education opportunities, hopefully leading to better high school graduation rates.

In July 2013, Boston Consulting Group independently evaluated Big Brothers Big Sisters Toronto's programs, finding an exceptionally high return on donations. The report found that for every $1 invested in mentoring, there is an $18 return to society. BBBST reports that the average investment required for a mentee over 3 years is $3,500. The report found that mentees generate $32,154 in additional tax revenue, $49,189 in increased consumption, $5,856 in additional charitable volunteering, and $890 in greater charitable giving. It also reports that, over their working lives, mentees earn $315,000 more over their lifetime.

Financial Review:

Big Brothers Big Sisters Toronto is a medium-sized charity, with donations and special events revenues of $3.1m in F2015. Its administrative costs are 5% of revenues and its fundraising costs are 11% of donations. For every $1 donated to the charity, 84 cents is put towards its programs, falling within Ci’s reasonable range. The charity’s funding reserves of $1.2m result in a program cost coverage ratio of 50%. This means that it can cover 6 months of its annual programs using its existing reserves.

NOTE: The big drop in year-to-year overhead costs is due to different figures reported in the audited financial statements and the T3010 filings. The figures for 2015 are from BBBST's audited financial statements. These will be adjusted likely to similar levels of 2014 when the T3010 filings are available in which BBBST reports higher allocations. It would be ideal if the disclosure in the audited financial statements was the same as in the T3010 filing.

This charity report is an update that is being reviewed by Big Brothers Big Sisters Toronto. Changes and edits may be forthcoming.

Updated on July 13, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 5.0%15.9%10.7%
Fundraising costs as % of donations 11.0%30.4%24.6%
Program cost coverage (%) 49.5%54.8%45.4%

Summary Financial Statements

All figures in $s
Donations 1,470,3421,453,9131,002,545
Government funding 13,8330253,319
Special events 1,593,1901,476,9192,102,807
Investment income 4,00164,63965,198
Total revenues 3,081,3662,995,4713,423,869
Program costs 2,412,8801,605,2122,371,018
Grants 89,087114,14485,025
Administrative costs 152,390465,044360,418
Fundraising costs 337,547891,934762,764
Cash flow from operations 89,462(80,863)(155,356)
Funding reserves 1,239,123942,8141,115,854
Note: The charity has restated the 2014 financial statements in its F2015 audited financial statements. Ci has used the 2014 financial statements in the F2015 audited financial statements, and the 2013 financial statements in the F2014 audited financial statements.  Ci has adjusted depreciation affecting expenses by ($2k) in F2015, by ($5k) in F2014, and by ($2k) in F2013.

Comments added by the Charity:

No comments have been added by charity
Go to top