Youth Employment Services YES
Toronto, ON M5V 3B1
President & CEO: Timothy Lang
Board Chair: James Hunter
Charitable Reg. #: 83275 6720 RR0001
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #54
Avg. Compensation $61,044
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||0|
|$80k - $120k||4|
|$40k - $80k||5|
About Youth Employment Services YES:
In 1968, The Rotary Club of Toronto founded the first youth employment centre in Canada, Youth Employment Services YES. Today, YES is the largest youth employment counselling centre in Canada, 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 the cornerstone of safe and healthy communities. YES works to empower disadvantaged and vulnerable youth to become self-sufficient contributing members of society.
YES 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. YES delivers programs for thousands of youth each year in several of Toronto's high-risk neighbourhoods. Since its inception, YES has helped over 100,000 youth find jobs. In 2015 YES had 8,493 clients in all of its programs and another 1,915 students who attended workshops. The charity achieved a 90% success rate, up from 86% in F2014, in helping clients obtain a job, return to school, or enrol in a training program.
In F2015 administrative costs were 4% of revenues and fundraising costs were 16% of donations. YES has funding reserves of $3.5m, which cover 43% of annual program costs. In F2015 YES received $8.4m in funding from the government, representing 96% of total revenue.
Updated Nov. 6, 2015.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||3.9%||4.2%||5.1%|
|Fundraising costs as % of donations||15.6%||13.8%||13.0%|
|Program cost coverage (%)||42.9%||44.3%||48.8%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||138||126||10|