Sterling Hall School
Toronto, ON M6A 1V4
Board Chair: John Stevens
Exec. Dir. of Advancement: Maria Jordan
Charitable Reg. #: 11925 7657 RR0001
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #42
Avg. Compensation $126,915
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||5|
|$80k - $120k||4|
|$40k - $80k||0|
About Sterling Hall School:
Sterling Hall School (SHS), founded in 1987, is an independent, all-boys school located in the Greater Toronto Area. SHS is a registered charity, in which tuition is used to fund the day-to-day activities and donations are used to fund future capital enhancements and offset any excess costs of running the school. The school offers classes from Junior Kindergarten to Grade 8 and enrolls over 300 boys each year. They are currently evaluating an expansion to the secondary level.
Historically, over 90% of Grade 8 graduates from SHS move on to their first choice of secondary school. Sterling Hall School’s student/teacher ratio is less than 8:1 and their maximum class sizes do not exceed 18 students. This year, Sterling Hall School will be establishing The Robinson Family Fund to provide financial aid to students that cannot afford to attend the school, but qualify for the program based on academics, character and talent criteria.
The Sterling Hall School Foundation was incorporated in 2005 with the purpose of receiving funds to support the school. The foundation is independent from the school and has a separate board of directors.
In F2011, Sterling Hall School and Foundation received $8.1m in revenue, of which $7.8m was tuition fees. Administrative costs are 23% of revenue. Fundraising costs are not disclosed on the audited financial statements and are likely included in administrative costs. It has funding reserves of $5.8m in 2011, which cover 103% of annual program costs.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||23.2%||19.9%||18.3%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||103.3%||103.7%||93.2%|
Summary Financial StatementsAll figures in $s
|Fees for service||6,857,299||6,760,306||6,578,345|
|Business activities (net)||210,254||283,597||272,413|
|Cash flow from operations||653,113||1,020,657||1,349,237|