March of Dimes Canada

10 Overlea Blvd.
Toronto, ON M4H 1A4
President & CEO: Andria Spindel
Board Chair: Blair Roblin

Website: www.marchofdimes.ca
Charitable Reg. #: 10788 3928 RR0001
Sector: Social Services
Operating Charity

Donor Accountability

Grade: A-

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #804

Avg. Compensation $60,200

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 5
$80k - $120k 4
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About March of Dimes Canada:

March of Dimes Canada (MODC) was founded in 1949 as March of Dimes to raise money for polio research. After the polio vaccine was created in 1955, MODC began funding centres for people with the disease, focusing on rehabilitation and job training. Beginning in the 1960s, MODC began to pursue its current mandate, aiming to increase the independence and community participation of people with physical disabilities. In 1967, the legal name was changed to the Rehabilitation Foundation for the Disabled and in 2013 it became March of Dimes Canada.

March of Dimes Canada offers a wide array of programs including supportive housing, employment services, accessibility services, passport services, peer support services, educational support, and community participation.

March of Dimes Canada’s Independent Living Services (making up 56% of its program spending) assists people with daily living activities in their own home. In F2016, it helped 4,966 clients, which was 656 more than in F2015.

March of Dimes Canada’s Employment Services (making up 14% of its program spending) help with job placements, assessment services, and assisting Canadian Armed Forces veterans with assessment, training and counselling services. In F2015, it served 9,850 clients.

Its AccessAbility Services (making up 11% of its program spending) aims to help its clients improve mobility and community accessibility for persons with disabilities for 8,965 clients. March of Dimes Canada’s Passport Program (making up 14% of its program spending) offers service planning and individualized funding to individuals with developmental disabilities. In F2016, the program served 2,525 clients.

The remaining 4% of program spending includes peer support services, educational programs, community engagement services and other support services.  

Financial Review:

March of Dimes Canada is a large charity, with donations of $5.5m in F2016. Government funding of $90.1m accounts for 80% of total revenues in F2016. The charity's administrative costs are 6% of revenues and its fundraising costs are 46% of donations. For every $1 donated to the charity, 48 cents is put towards its programs, falling well outside of Ci’s reasonable range. The charity’s funding reserves of $16.8m result in a program cost coverage ratio of 17%. This means that it can cover 2 months of its annual programs using its existing reserves.

The charity uses external fundraisers, which collected $1.8m for the charity. March of Dimes Canada paid the fundraisers $659k in F2016, for a cost ratio of 37%.

This charity report is an update that is being reviewed by March of Dimes Canada. Changes and edits may be forthcoming.

Updated on July 13, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 6.1%6.5%6.9%
Fundraising costs as % of donations 46.2%49.1%47.6%
Program cost coverage (%) 16.6%15.6%14.6%

Summary Financial Statements

All figures in $000s
201620152014
Donations 5,5195,5475,093
Government funding 90,09586,91578,077
Fees for service 16,23114,56112,847
Lotteries (net) 148131135
Investment income 5581,1611,204
Total revenues 112,551108,31497,356
Program costs 101,07196,51486,425
Administrative costs 6,8086,9486,612
Fundraising costs 2,5492,7222,421
Cash flow from operations 2,1232,1311,897
Funding reserves 16,79915,09512,583
Note: Ci has presented lotteries net of expenses affecting revenues and expenses by ($247k) in F2016, ($220k) in F2015 and by ($227k) in F2014. Ci has removed amortization affecting expenses by ($509k) in F2016, ($578k) in F2015 and by ($675k) in F2014.

Comments added by the Charity:

In February, 2014, March of Dimes Canada (MODC) received a Voluntary Sector Reporting Award (VSRA) for its transparency in financial reporting and exemplary management discussion and analysis. The VSRA award is Ontario’s award program for best non-profit annual reports.

March of Dimes Canada achieved prestigious accreditation from Imagine Canada Standards Program on March 17, 2015 for excellence in non-profit accountability, transparency and governance. The Standards Program Trustmark signals that MODC has demonstrated compliance with each of the Imagine Canada Standards. This accreditation has been maintained in 2016-17.

The Standards Program awards accreditation to charities and non-profits that demonstrate excellence in five areas of operations. To date, 150 organizations have invested in trust. The Standards are focused on five areas:

· Board Governance

· Financial Accountability and Transparency

· Fundraising

· Staff Management

· Volunteer Involvement

March of Dimes Canada has also, for the past two decades, achieved and maintained ISO registration for its Independent Living Services, Acquired Brain Injury Program, Home and Vehicle Modification Program, and Northern Medical Clinics.

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