3121 Universal Drive
Mississauga, ON L4X 2E2
Executive Director: Meghan Nicholls
Board Chair: Michelle Penman

Charitable Reg. #:11892 7011 RR0001

STAR RATING

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

[Charity Rating: 5/5]

✔+

FINANCIAL TRANSPARENCY

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

A+

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

Average

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.

75%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 75 cents are available for programs.



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Programs

About Mississauga Food Bank:

Founded in 1985, Mississauga Food Bank is the largest food bank in Mississauga. It aims to relieve hunger in Mississauga by providing and promoting access to healthy food for people in need.  It collects donated food from corporations, schools and the community, and manages the distribution of food to 9 local food banks that feed hungry people in Mississauga. Clients of the Mississauga Food Bank are assigned a food bank based on their postal code. They are provided with 7-10 days’ worth of food once each month. It also provides food to 44 agencies that send food to breakfast clubs, soup kitchens, shelters and after-school programs. The food bank reports that 15% (over 100,000 people) of Mississauga’s population lives in poverty. In F2019, 39% of the food bank’s 19,525 clients were children and 6% were seniors.

In F2019, Mississauga Food Bank spent $1.4m on purchasing, packaging and distributing food. By giving away 2.2 million pounds of food, the food bank provided 2.9 million meals, an increase of 11% from F2018. The food bank reports that almost half of the food distributed was fresh and frozen meat, milk, fruits, and vegetables, which is double the amount in F2018. As the quality of food increased, the cost of food given away also increased 31% to $5.8m from $4.4m.

In F2019, Mississauga Food Bank co-published the Who’s Hungry report with Daily Bread Food Bank and North York Harvest Food Bank. This report is an in-depth analysis of the causes and consequences of poverty in Toronto and Mississauga based on a survey of 1326 clients of 51 food banks. Through its research, the food bank notes that low income and a lack of affordable housing continue to be the major reasons why people are forced to rely on food banks for their necessities. 60% of survey respondents are supported by inadequate government aid and 74% of food bank clients' income goes towards housing.

In F2019, Mississauga Food Bank also announced the launch of its ReclaimFRESH program. Every year in Canada, 44 million tonnes of healthy food is thrown away early because it does not meet quality expectations. The food bank is partnering with local grocery stores to pick up healthy food that cannot be sold in stores and then give it to clients. The food bank expects the program to create five million meals in the next four years and 570 thousand meals in its first year.  

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Results and Impact

Mississauga Food Bank reports the result that for every $1 donated, it can provide 2 meals to hungry children, families and seniors in need. This is a decrease from 2.5 meals for every $1 donated from the results reported in F2018, but this is likely because of increased food quality.

29% of food bank clients surveyed experience hunger at least once per week because they cannot afford to buy enough food, displaying that clients have a genuine need for the food bank.

While Ci highlights these key results, they may not be a complete representation of Mississauga Food Bank’s results and impact. 

Charity Intelligence rates Mississauga Food Bank as Average in demonstrated impact per dollar.

Impact Rating: Average

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Finances

Mississauga Food Bank is a large charity, which received monetary donations of $1.6m and collected food with a total value of $5.8m in F2019. Administrative costs are 4% of total revenues and fundraising costs are 21% of total donations. This means Mississauga Food Bank spends 25% on overhead. For every dollar donated, 75 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Mississauga Food Bank has total funding reserves of $854k. Excluding the cost of donated food, the food bank’s funding reserves can cover program costs for less than 7 months. This indicates a need for donations.

This charity report is an update that has been sent to Mississauga Food Bank for review. Comments and edits may be forthcoming.

Updated May 22, 2020 by Eric Jose.

Financial Review


Financial Ratios

Fiscal year ending May
201920182017
Administrative costs as % of revenues 3.6%2.9%3.9%
Fundraising costs as % of donations 21.5%14.8%21.0%
Total overhead spending 25.1%17.7%24.9%
Program cost coverage (%) 11.9%13.1%11.3%

Summary Financial Statements

All figures in $000s
201920182017
Donations 1,5951,3451,709
Goods in kind 5,7644,3874,361
Government funding 154133112
Special events 5775430
Investment income 002
Other income 31170
Total revenues 8,1206,4266,183
Program costs 1,4021,4591,527
Grants 1800
Donated goods exp 5,7724,3943,859
Administrative costs 293187239
Fundraising costs 466279359
Total spending 7,9506,3185,984
Cash flow from operations 171107199
Capital spending 11330107
Funding reserves 854768610

Note: Ci has excluded amortization of deferred capital contributions in its revenue calculations, reducing total revenue by $24k in F2019, $33k in F2018 and $34k in F2017. Ci has used the charity's T3010 filing with the CRA to adjust the analysis from the charity's audited financial statements (AFS), reducing donations by $16k and increasing government funding by $16k. Due to material inconsistencies in Mississauga Food Bank’s AFS, annual reports (AR), and T3010 tax filing data, and since the AFS restates numbers differently every year, Ci has used a different document to calculate expenses for the three years listed to be as accurate as possible. For F2019, the audited financial statements were used in combination with T3010 data, since the AFS do not use activity-based costing to allocate costs. Ci also reduced program costs by $71k of equipment amortization expenses to put costs on a cash basis, and further reduced program costs by 16k to reconcile with T3010 data. For F2018, Ci used the F2019 AFS overhead breakdowns; however, as they do not appear to have allocated staff salaries, administrative and fundraising costs are likely understated for 2018. For F2017, Ci chose to rely on the unaudited spending breakdown in the F2017 AR, as it allocates spending among programs, fundraising, and administrative costs. Donated goods were estimated within program spending based on AR figures that expenses included 1,543,445lb of donated food and goods at $2.5/lb. 

Salary Information

Full-time staff: 19

Avg. Compensation: $57,744

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
0
$40k - $80k
9
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.themississaugafoodbank.org
This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: 905.270.5589



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