March of Dimes Canada

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

Website: www.marchofdimes.ca
Charitable Reg. #: 10788 3928 RR0001
Sector: Social Services
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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

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 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 F2015, it helped 4,310 clients, which was 11% higher than in F2014. The service also includes Northern Medical Clinics so that people do not need to leave their communities. In F2015, the Northern Medical Clinics served 1,000 patients.

March of Dimes Canada's Employment Services (making up 18% of its program spending) help people obtain employment and retain their jobs. In F2015, it helped its clients secure 3,798 job placements.

Its AccessAbility Services (making up 12% of its program spending) aims to help its clients improve mobility and community accessibility for persons with disabilities. In F2015, its assistive devices program served 1,668 consumers, providing 3,621 devices. Further, its home and vehicle modification program funded 923 modifications for its clients.

March of Dimes Canada's Passport Program (making up 11% of its program spending) offers service planning and individualized funding to individuals with developmental disabilities. In F2015, MODC funded 546 consumers.

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 F2015. Government funding of $86.9m accounts for 80% of total revenues in F2015. The charity's administrative costs are 6% of revenues and its fundraising costs are 49% of donations. For every $1 donated to the charity, 44 cents is put towards its programs, falling well outside of Ci's reasonable range. The charity's funding reserves of $15.1m result in a program cost coverage ratio of 16%. This means that it can cover 2 months of its annual programs using its existing reserves.

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

Updated on August 16, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending March
201520142013
Administrative costs as % of revenues 6.5%6.9%7.2%
Fundraising costs as % of donations 49.1%47.6%42.3%
Program cost coverage (%) 15.6%14.6%13.9%

Summary Financial Statements

All figures in $000s
201520142013
Donations 5,5475,0935,725
Government funding 86,91578,07774,023
Fees for service 14,56112,84711,759
Lotteries (net) 131135155
Investment income 1,1611,204892
Total revenues 108,31497,35692,555
Program costs 96,51486,42581,394
Administrative costs 6,9486,6126,634
Fundraising costs 2,7222,4212,423
Cash flow from operations 2,1311,8972,104
Funding reserves 15,09512,58311,298
Note: Ci has adjusted lottery expenses affecting revenues by ($220k) in F2015, by ($227k) in F2014, and by ($261k) in F2013. Ci has adjusted lottery expenses and amortization affecting expenses by ($799k) in F2015, by ($901k) in F2014, and by ($894k) in F2013.

Comments added by the Charity:

The following comments are for a previous Ci report. The charity has been asked to provide updated comments. 

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.

The Queen's Centre for Governance organizes the VSRAs every year in partnership with the Chartered Professional Accountants of Ontario. Last year, new expanded rules allowed national and international charities across Canada to enter the VSRAs, as long as those organizations had a significant presence in Ontario. More than 140 charities were nominated.

March of Dimes Canada also 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

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

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