UNITY Charity

2300 Yonge St, Suite 1602
Toronto, ON M4P 1E4
Executive Director: Michael Prosserman
Board Chair: Josh Singer

Website: www.unitycharity.com
Charitable Reg. #: 85735 9012 RR0001
Sector: Education
Operating Charity

Social Results Reporting

Grade: B

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 available only upon request [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #4

Avg. Compensation $31,589

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 4
Information from most recent CRA Charities Directorate filings for F2011

About UNITY Charity:

UNITY Charity attempts to connect with youth through a common passion for urban arts. UNITY engages students by performing at school assemblies and recruiting students into after-school programs where students are taught a range of urban arts and provided with a forum for discussion of some of the challenging life issues that affect youth in higher-need communities.

After-school programs currently run for 12 weeks and cover breakdancing, beat boxing, graffiti art, spoken word and poetry. Students who complete the program will often perform at assemblies and other UNITY events, and eventually return to participate in following years. Sessions are run by UNITY staff and Artist Educators who are leading artists in particular fields and trained by UNITY to run portions of the youth program.

Financial Review:

Administrative costs are low at 6% of revenues. Fundraising costs are 12% of donations. Funding reserves of $205k would cover 88% of annual program costs.

Financial Ratios

Fiscal year ending August
201120102009
Administrative costs as % of revenues 6.4%7.0%4.7%
Fundraising costs as % of donations 11.9%17.5%7.3%
Program cost coverage (%) 87.8%104.9%105.8%

Summary Financial Statements

All figures in $s
201120102009
Donations 143,53853,131117,984
Government funding 144,25445,90150,850
Fees for service 70,60235,52537,425
Special events 8,31022,30512,162
Investment income 90171137
Total revenues 366,794157,033218,558
Program costs 233,930115,197103,924
Administrative costs 23,60910,90710,221
Fundraising costs 18,14413,1809,478
Cash flow from operations 91,11117,74994,935
Funding reserves 205,378120,810109,958
Note: F2010 values are for just 8 months as the organization changed their fiscal year ending to align with business year ending.

Comments added by the Charity:

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