Edmonton's Food Bank
Edmonton, AB T5G 2Y2
Executive Director: Marjorie Bencz
Board Chair: David Benjestorf
Charitable Reg. #: 12918 5310 RR0001
Social Results Reporting
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #34
Avg. Compensation $45,241
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||1|
|$40k - $80k||9|
About Edmonton's Food Bank:
Founded in 1981, Edmonton's Food Bank (EFB) collects excess food supplies and distributes them to local charities that feed poor people in the community. It also works towards long-term solutions for poverty. EFB's main objective is to reduce food insecurity amongst people in Edmonton. With rising unemployment in Edmonton, the number of people requiring assistance from food banks has increased by 13.8% since 2013.
In F2015, Edmonton Food Bank distributed $18.7m worth of donated food. EFB collected, repackaged and distributed 3.5 million kilograms of food to 230 local charities. These charities gave away 500,000 free meals every month, serving 19,012 clients in December 2015 and 19,533 clients in January 2016.
Edmonton Food Bank draws most of its data from an annual survey of EFB's clients. Through an analysis of survey results, EFB found that only 18% of its clients live in subsidized housing and that 40% of EFB's clients are children. Edmonton Food Bank, thus, recommends that the government should train low skilled workers and subsidize housing costs further.
Edmonton Food Bank is one of Canada's Major 100 charities, which received monetary donations of $3.8m in F2015 along with donated food worth $18.7m in F2015. Administrative costs are 0.4% of total revenues and fundraising costs are 4% of total donations. Total overhead costs come to 5%, falling within Ci's reasonable range. EFB has total funding reserves of $3.1m. Excluding the cost of donated food, EFB's funding reserves cover program costs for 1.2 years.
This report is an update and is currently being reviewed by the charity. Changes and edits may be forthcoming.
Updated June 20th, 2016 by Mirza Ali Shakir.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||0.4%||0.5%||0.4%|
|Fundraising costs as % of donations||4.3%||4.4%||3.3%|
|Program cost coverage (%)||122.0%||79.8%||113.8%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||18,746||17,430||17,690|
|Cash flow from operations||1,265||505||830|