Romero House

1558 Bloor Street West
Toronto, ON M6P 1A4
Founder: Mary Jo Leddy
Director: Jenn McIntyre

Charitable Reg. #: 13447 0939 RR0001
Sector: Social Services - Homeless
Operating Charity

Results Reporting

Grade: D+

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 through official request for information from Canada Revenue Agency [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #2

Avg. Compensation $58,139

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 1
< $40k 1
Information from most recent CRA Charities Directorate filings for F2016

About Romero House:

Established in 1993, Toronto Refugee Community Non-Profit Homes and Services, also known as Romero House, provides housing, settlement and advocacy services to refugees in Toronto. Romero House acts as a bridge between shelters and long-term housing for refugees. Romero House’s programs include transitional housing and walk-in services at 4 houses in the west-end of Toronto. The houses are divided into living units where families can stay until their refugee hearing. In total, Romero House has 10 apartments available for refugee families.

Most families are in Romero House’s transitional housing program for one year, during which time they are assisted in refugee determination processes and in establishing their lives in Canada. The walk-in program aims to help refugees that are not necessarily living in Romero House, but require help in settlement assistance, finding legal help, and accessing food banks, among other needs. Romero House has a weekly food bank and clothing boutique that is also available to walk-in clients.

Romero House works to build a community among the residents, staff, volunteers and neighbours. Activities for this purpose include monthly social gatherings, activities for kids, support groups for women, summer camps, weekend getaways, and seasonal holiday events. Interns run these programs and provide most of Romero House's support services. The charity attempts to break away from the typical employee-client model of social work by having the interns live in the same houses as refugees.

Financial Review:

Toronto Refugee Community Non-Profit Homes and Services (Romero House) is a micro-cap charity with $148k in donations. Municipal government funding contributed $367k (62% of revenue) in F2016 and includes grants from the Homeless Initiative Fund and Social Housing Subsidies. Administrative costs were 31% of revenues and fundraising costs were 12% of donations. As such, for every $1 donated, 57 cents went to the cause. This does not fall within Charity Intelligence’s reasonable range for overhead spending.

The charity’s interest-bearing liability (mortgage) exceeds its liquid assets, resulting in funding reserves of ($114k). Romero House cannot fund program costs without the support of donations and government grants. Romero House has $827k in mortgage payable, including $56k due during F2017.

This charity report is an update that is currently being reviewed by Romero House. Changes and edits may be forthcoming.

Updated on June 26, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 31.4%24.7%24.6%
Fundraising costs as % of donations 11.6%11.2%18.2%
Program cost coverage (%) (36.4%)(72.3%)(91.4%)

Summary Financial Statements

All figures in $s
Donations 148,170182,80085,967
Government funding 366,702347,176381,271
Fees for service 59,59267,27360,950
Investment income 12,53319,38513,353
Total revenues 586,997616,634541,541
Program costs 313,576360,908336,282
Administrative costs 180,212147,768129,671
Fundraising costs 17,17720,45815,608
Other costs 41,16443,48147,233
Cash flow from operations 34,86844,01912,747
Funding reserves (114,021)(261,034)(307,475)
Note: Ci included the cash flow of deferred donations, affecting revenues by ($53k) in F2016, ($38k) in F2015, and ($80k) in F2014.

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