Red Door Family Shelter
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.
B+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Fair
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.
71%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 71 cents are available for programs.
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OVERVIEW
About Red Door Family Shelter:
Red Door Family Shelter is a three-star financially transparent charity with a Fair demonstrated impact score. It has a B+ results reporting grade, which is above average. For every dollar donated to the charity, 71 cents are available to go to the cause.
Founded in 1982, Red Door Family Shelter (Red Door) provides housing to both children and families in its two emergency shelters. Red Door also runs both a food bank and moving program. Its moving program provides furniture, household items, and other material goods for families moving out of its shelters. According to the charity, families living independently after staying at a Red Door shelter pay more than 54% of income on rent and 45% of the charity’s current residents are women fleeing domestic violence. The charity runs three programs: shelters, food bank, and moving programs (food and moving combined into other). The charity spent $5.9m on its programs in the fiscal year ending March 2023 (F2023).
Shelter programs was the majority of the charity’s program spending and includes both its emergency shelters and youth services. The charity offers after-school recreational programs, violence prevention workshops, and other youth services at its shelters. Red Door’s two shelters (total of 161 beds) serve families referred by police service, Central Family Intake, and other agencies. In F2023, Red Door housed 135 families including 278 children and 171 adults. According to the charity, 45%, 30%, and 25% of families at its shelters fled domestic violence, are refugees, or stayed for other reasons, respectively.
Other programs was the minority of the charity’s program spending and includes its food bank and moving program. The charity reported 2,779 visits to its food bank in F2023. Red Door’s moving program helps families transition out of its shelters by reducing moving costs. It specifically pays for private moving services, furniture, and other essential products families need when moving. In F2023, Red Door provided this service to 163 families.
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Results and Impact
In F2023, Red Door Family Shelter housed 135 families and reported 5,779 food bank visits.
The charity’s moving program helped 161 families. Red Door reported that it saved families an average of $1,800 that they would have otherwise had to spend if they moved without Red Door’s assistance.
While Ci highlights these key results, they may not completely represent Red Door Family Shelter’s results and impact. Charity Intelligence has given Red Door a Fair impact rating based on demonstrated impact per dollar spent.
Impact Rating: Fair
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Finances
In F2023, Red Door Family Shelter received $1.3m in donations, representing a 50% decrease from $2.6m donations in F2022. The charity also received $6.1m in government funding which is 81% of total revenues in F2023. Administrative costs are 5% of revenues and fundraising costs are 24% of donations. This results in 29% total overhead spending, meaning that for every dollar donated, 71 cents are available to go to the cause. This is within Ci’s reasonable range.
In F2023, Red Door spent $5.9m on its programs which is 81% of revenues. The charity also has a $946 cash surplus.
At the end of F2023, Red Door had $6.6m in reserve funds (cash and investments) which covers 111% or slightly over one year of its annual program spending.
Profile updated by Julian Dranitsaris on July 17, 2024.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 5.3% | 6.4% | 6.0% |
Fundraising costs as % of donations | 23.5% | 11.0% | 8.3% |
Total overhead spending | 28.9% | 17.4% | 14.3% |
Program cost coverage (%) | 110.8% | 98.8% | 93.6% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 1,312 | 2,625 | 3,379 |
Government funding | 6,086 | 6,045 | 5,885 |
Investment income | 81 | 9 | 11 |
Other income | 113 | 82 | 33 |
Total revenues | 7,593 | 8,762 | 9,308 |
Program costs | 5,939 | 6,006 | 5,520 |
Administrative costs | 400 | 556 | 560 |
Fundraising costs | 309 | 290 | 281 |
Total spending | 6,647 | 6,852 | 6,361 |
Cash flow from operations | 946 | 1,910 | 2,946 |
Capital spending | 0 | 1,427 | 1,407 |
Funding reserves | 6,583 | 5,935 | 5,167 |
Note: 1. DEFERRED DONATIONS ADJUSTMENT: Red Door uses deferred accounting. Ci adjusted donations for changes in deferred contributions to show donors this information on a cash basis. This affected revenues by $19k, $238k, and $1.1m in F2023, F2022, and F2021 respectively. 2. CAPITAL CONTRIBUTION ADJUSTMENT: Ci also adjusted donations for changes in deferred capital contributions. This affected revenues by ($293k), ($188k), and ($41k) in F2023, F2022, and F2021 respectively. 3. AMORTIZATION: Ci backed out amortization on a pro-rata basis from program, administrative, and fundraising expenses. 4. LINE ITEM COSTING: Because Red Door uses line item costing, Ci referred to the charity’s T3010 filings with the CRA for program, administrative, and fundraising costs. 5. GRANTS RECEIVABLE ADJUSTMENTS: Ci also adjusted government funding for changes in grants receivable. This affected revenues by $303k, ($250k), and ($52k) in F2023, F2022, and F2021 respectively.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
4 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-915-5671