The Mississauga Food Bank

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

Website: www.themississaugafoodbank.org
Charitable Reg. #: 11892 7011 RR0001
Sector: Social Services - Food Bank (Distributor)
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

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Fair

Full-time staff #12

Avg. Compensation $56,949

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 1
$40k - $80k 6
< $40k 2
Information from most recent CRA Charities Directorate filings for F2017

About The Mississauga Food Bank:

Founded in 1985, The Mississauga Food Bank is the largest food bank in Mississauga.  It collects donated food from corporations, schools and the community, and manages the distribution of food to other local food banks that feed hungry people in Mississauga. The food bank also sends food to breakfast clubs, soup kitchens, shelters and after-school programs. Clients who come to the charity are assigned to a different local food bank based on their postal code where they are provided with 7-10 days’ worth of food once each month. The food bank reports that 15% (over 100,000 people) of Mississauga’s population lives in poverty. In F2017, 40% of the food bank’s clients were children.

In F2017, The Mississauga Food Bank spent $1.1m on purchasing, packaging and distributing food. By giving away 1.6 million pounds of food to 50 local charities and agencies, the food bank provided 2.9 million meals in F2017, an increase of 23% from F2016. The food bank reported that 74% of its distributed food came from food groups within Canada’s Food Guide, the largest amount being fruits and vegetables.

The Mississauga Food Bank publishes the Face of Hunger report annually. This report is an in-depth analysis of the causes and consequences of poverty in Mississauga. Through its research, the food bank notes that inadequate income and a lack of affordable housing continue to be the major reasons why people in Mississauga are forced to rely on food banks for their basic necessities. In 2017, the food bank reports that 20% of its clients indicated that they were not currently receiving any income support from the government, family or employment. Additionally, it notes that 62% of food bank clients’ income went towards housing. Housing is considered affordable when costs do not exceed 30% of a household’s income. Currently in Mississauga, there are only 10,730 subsidized rental units in the city with an average wait time of 5.3 years.

In 2017, The Mississauga Food Bank launched its Aquaponics program which is a 500 square foot urban farm within the food bank’s warehouse. This is a new form of agriculture that combines aquaculture (fish-farming) and hydroponics (soil-less agriculture). This allows the food bank to grow and distribute thousands of servings of fresh produce and protein every year.

After serving almost 9 years as Director of Marketing and Development at The Mississauga Food Bank, Meghan Nicholls was named Interim Executive Director of The Mississauga Food Bank in January 2018. On June 15, 2018, Meghan was officially named Executive Director of the food bank.

Results and Impact: The Mississauga Food Bank reports that for every $2 donated, it can provide 5 meals to hungry children, families and seniors in need. The food bank reported having 94,370 visits to neighbourhood food banks and 113,108 visits to meal, snack and breakfast programs in F2017, a 10% and 9% increase from F2016 respectively. Charity Intelligence gave The Mississauga Food Bank an impact rating of Fair for proven impact per dollar (see impact grid on the bottom right).

Financial Review:

The Mississauga Food Bank is a Large charity, which received monetary donations of $1.7m and collected food with a total value of $4.0m in F2017. The cost of food is unaudited. Administrative costs are 4% of total revenues and fundraising costs are 11% of total donations. For every dollar donated to the charity, $0.84 goes towards its program, which falls within Ci’s reasonable range for overhead spending. The Mississauga Food Bank has total funding reserves of $610k. 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 The Mississauga Food Bank for review. Comments and edits may be forthcoming.

Updated June 29, 2018 by Derek Houlberg.

Financial Ratios

Fiscal year ending May
201720162015
Administrative costs as % of revenues 4.2%4.0%3.9%
Fundraising costs as % of donations 11.4%10.0%17.3%
Program cost coverage (%) 56.1%52.0%46.0%

Summary Financial Statements

All figures in $000s
201720162015
Donations 1,7091,4541,236
Goods in kind 4,0403,8463,381
Government funding 1127130
Special events 0384
Investment income 200
Total revenues 5,8625,3754,731
Program costs 1,0861,098981
Grants 4,0503,8603,384
Administrative costs 246215182
Fundraising costs 195145228
Cash flow from operations 28556(44)
Funding reserves 610571452
Note: Ci has excluded amortization of deferred capital contributions in its revenue calculations, decreasing total revenue by $34k in F2017, $28k in F2016 and $33k in F2015. Ci has excluded gain on sale of capital assets in its revenue calculations, decreasing total revenue by $10k in F2016. Ci has estimated the cost of donated food by multiplying the kilos of food distributed by the industry standard of $5.5 per kilo. Ci has included the cost of donated food in donated goods in kind and in grants, increasing total revenue and expenses by $4.0m in F2017, $3.8m in F2016 and $3.4m in F2015.

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