Youth Employment Services

555 Richmond St. W, Suite 711 - Box 115
Toronto, ON M5V 3B1
President & CEO: Timothy Lang
Board Chair: Susie Hendrie

Charitable Reg. #:83275 6720 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B+

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.

90%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.



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Programs

About Youth Employment Services:

Founded in 1968, Youth Employment Services (YES) is the largest youth employment counselling centre in Canada, providing youth employment, job training, entrepreneurship, and empowerment programs. The charity focuses on serving young people with barriers to employment, such as homelessness, a lack of formal education, a criminal record, and drug abuse. YES believes that employment is empowerment and leads to safe and healthy communities. YES works to empower disadvantaged and vulnerable youth to become self-sufficient, contributing members of society.

Youth Employment Services provides young people with professional counselling and training. Its training techniques are used as a teaching model for other employment services across Canada and around the world. In F2019, YES reports that it helped 12,122 youth. Of the total youth, 62% were under the age of 24, 19% were new Canadians, 61% had at most a Grade 12 education, and 19% were out of work, school, or training for over a year. The charity worked with 1,653 employees to help youth secure work placements.

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Results and Impact

Youth Employment Services reports an 89% success rate in job, training, or education results in F2019. By working with 1,653 employers, the charity placed 1,502 youth into work experience positions. Of these positions, 65% of the business types were service, 24% retail, 4% manufacturing, and 7% other. YES found employment for 590 youth with disabilities and reported that 3,573 clients who had no income or had relied on social insurance became more financially secure.

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Finances

Youth Employment Services is a Medium-sized charity, receiving $1.4m in donations in F2019. The charity also received $14.8m in government funding. Administrative costs are 3% of revenues and fundraising costs are 7% of donations. For every dollar donated, 90 cents go to the cause. This is within Ci’s reasonable range for overhead spending. Funding reserves of $7.5m can cover 6.1 months of annual program costs.

This charity report is an update that has been sent to Youth Employment Services for review. Changes and edits may be forthcoming.

Updated on August 13, 2020 by Tenzin Shomar.

Financial Review


Financial Ratios

Fiscal year ending March
201920182017
Administrative costs as % of revenues 3.1%3.4%3.6%
Fundraising costs as % of donations 6.6%6.0%19.3%
Total overhead spending 9.7%9.4%23.0%
Program cost coverage (%) 51.0%50.2%56.9%

Summary Financial Statements

All figures in $000s
201920182017
Donations 1,3811,075457
Government funding 14,78112,77911,854
Investment income 252148225
Other income 7200
Total revenues 16,48614,00212,536
Program costs 14,71412,81311,531
Administrative costs 495464447
Fundraising costs 926488
Total spending 15,30013,34212,067
Cash flow from operations 1,186660470
Capital spending 29414190
Funding reserves 7,5076,4316,561

Note: Ci adjusted for deferred revenue, affecting revenues by $160k in F2019, $262k in F2018, and ($191k) in F2017. Ci included revenues from the special projects fund in total revenues. Ci reported investment fees in investment income, decreasing revenues and increasing expenses by $21k in F2019, $20k in F2018, and $17k in F2017. 

Salary Information

Full-time staff: 91

Avg. Compensation: $68,099

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
1
$200k - $250k
0
$160k - $200k
0
$120k - $160k
2
$80k - $120k
7
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

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Charity Contact

Website: www.yes.on.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-504-5516

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