Frontier College
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.
n/r
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.
89%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 89 cents are available for programs.
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Programs
About Frontier College:
Founded in 1899, Frontier College’s (FC) mission is to promote literacy across Canada. FC offers programs to inner-city schools, public housing sites, jails, farms, and reserves across Canada. In F2016, FC worked with 31,632 participants, distributed 91,720 books across Canada, and assisted 6,648 children in Aboriginal Summer Literacy Camps.
Frontier College recruits and trains volunteers to assist in programs such as reading circles, homework clubs, one-on-one tutoring, ESL programs for immigrants, and programs to get youth off the streets. In F2016, 2,520 volunteers gave 60,174 hours. As well, FC worked with over 474 community partners across the country.
FC also offers Beat the Street, a program designed to help marginalized, street-involved youth who have not completed high school with a way back into the educational system.
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Finances
Frontier College is a medium sized charity and received $2.4m in donations in F2016. Its administrative costs are 4% of total revenues. Its fundraising costs are 7% of donations. For every $1 donated, 89 cents go towards Frontier College’s programs. FC has funding reserves of $20.4m, including $15.5m in donor-endowed funds. Excluding these donor-endowed funds, Frontier College's reserves cover 87% of annual program costs, showing a need for funding.
This charity report is an update that is being reviewed by Frontier College. Changes and edits may be forthcoming.
Updated on May 18, 2017 by Kevin Silberberg.
Financial Review
Fiscal year ending March
|
2016 | 2015 | 2014 |
|---|---|---|---|
| Administrative costs as % of revenues | 4.3% | 4.5% | 4.4% |
| Fundraising costs as % of donations | 6.8% | 11.1% | 23.5% |
| Program cost coverage (%) | 318.5% | 347.2% | 324.4% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 2,435 | 1,582 | 1,799 |
| Government funding | 3,154 | 3,401 | 3,622 |
| Business activities (net) | 487 | 451 | 615 |
| Special events | 0 | 0 | 544 |
| Investment income | 23 | 2,091 | 2,174 |
| Total revenues | 6,099 | 7,524 | 8,754 |
| Program costs | 6,397 | 5,757 | 5,844 |
| Administrative costs | 262 | 245 | 286 |
| Fundraising costs | 166 | 175 | 549 |
| Other costs | 117 | 116 | 111 |
| Cash flow from operations | (842) | 1,230 | 1,964 |
| Funding reserves | 20,371 | 19,990 | 18,954 |
Note: Ci has consolidated the financial statements for Frontier College and the Frontier College Foundation. Ci has excluded unrealized gains (losses) at the Foundation, affecting revenues by (834k) in F2016, $1.1m in F2015, and by $1.5m in F2014. Business activities have been presented net of costs, reducing both revenues and expenses by $72k in F2016, $121k in F2015, and by $119k in F2014.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
3 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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Comments & Contact
Comments added by the Charity:
Charity Contact
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