Malvern Rouge Valley Youth Services
Scarborough, ON M1B 3W1
Board Chair: Jerome D Sylvan
Secretary: Spraggon M Adele
Charitable Reg. #: REVOKED NOV. 11, 2011
Social Results Reporting
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #4
Avg. Compensation $51,581
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||2|
About Malvern Rouge Valley Youth Services:
On January 23, 2007, the Malvern Rouge Valley Youth Services (MRV) received its charter, but its history began some time before that. In the 1980s, while in his position as executive director of one of Toronto's prominent community organizations, Mr. Robert Brown had completed a needs survey of the youth of Malvern and started The Malvern Youth Club. In 2004, the name was changed to The Malvern Rouge Valley Youth Services to reflect the political riding of Scarborough Rouge.
MRV is a voluntary, youth-focused organization, dedicated to the enhancement of the quality of life of residents of Northeast Toronto and surrounding communities. It provides a range of programs including reading, writing, arts, computers, parenting skills, and summer day camps for youth and their families.
MRV's administrative costs are 1% of revenues and fundraising costs are 12% of donations. MRV has funding reserves of $573,000 which cover 1% of its annual program costs. In 2009, MRV began using external fundraisers who have raised $111.3m at a cost of $14.7m, dramatically increasing the charity's revenues. It is not disclosed why this funding increase is not reflected in the MRV's operations and how program costs have escalated from $13k to $58.7m in one year.
MRV's 2011 Report to Donors states the Canada Revenue Agencyis auditing many past donors due to MRV's prior involvement with the Global Learning Initiative Gifting (GLIG)program. GLIG is considered a tax shelter. NOTE: MALVERN ROUGE VALLEY YOUTH SERVICES HAD ITS CHARITABLE REGISTRATION STATUS REVOKED BY THE CRA NOV. 11, 2011.
Financial RatiosFiscal year ending April
|Administrative costs as % of revenues||0.7%||10.8%||0.8%|
|Fundraising costs as % of donations||12.2%||0.0%||0.0%|
|Program cost coverage (%)||1.0%||19.2%||61.1%|
Summary Financial StatementsAll figures in $000s
|Special events & other||0||7||0|
|Bank And Other Charges||2||0||0|
|Cash flow from operations||46,028||(1)||3|