Evergreen
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
64%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 64 cents are available for programs.
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OVERVIEW
About Evergreen:
Evergreen is a 4-star charity that is financially transparent. It has an above-average results reporting grade of A- and overhead spending of 36% which is outside of Ci's reasonable range.
Founded in 1991, Evergreen is an urban environmental charity that aims to create green community spaces in cities. The charity's work addresses climate change, housing affordability, and access to nature. Evergreen states that 78% of large Canadian cities have continued to lose tree canopy over the past 20 years and 80% of Canadians live in urban areas.
Evergreen works in two areas: Evergreen Brick Works programs and National programs.
In F2023, 69% of program spending ($11.5m) went to Evergreen Brick Works programs. In 2010, the charity opened Evergreen Brick Works, Canada’s first large-scale community environmental centre. Located in Toronto, the centre offers events about how to live and work sustainably. Evergreen Brick Works also hosts seasonal and cultural events, such as a Day of the Dead festival. In F2023, Evergreen had 33,000 guests attend over 180 events at the Brick Works and over 145,000 people visited Saturday Farmers Markets. Evergreen introduced two new programs to help kids better understand climate change and hosted its first ever Good Mourning Festival, a two-day, culturally rich event, that saw over 10,000 community members celebrate and reclaim death as a special part of life.
In F2023, National programs received 31% of program spending ($5.2m). Evergreen runs various programs across Canada to promote healthy and dynamic urban spaces. In F2023, the charity relaunched the Evergreen Conference which brought industries, cultures and regions together to examine the potential of public space to address social, ecological and economic challenges. There were 39 speakers, 14 unique sessions, and 406 in-person and 364 online participants. In F2023, Evergreen supported over 5,500 people across Canada with innovative housing solutions through its Housing Supply Challenge Support Program. The charity also hosted 11 ravine activations across the city and co-produced five podcast episodes of Future Fix.
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Results and Impact
In F2023, Evergreen’s Saturday Farmer Markets saw over 145,000 visitors, which supported 101 local farmers and vendors. The charity also developed a circular waste strategy onsite at Evergreen Brick Works. In November, it introduced a reusable dishware program at the indoor farmers market and has diverted over 6,000 single-use items from landfill. As a result of Evergreen’s Visiting Schools Program, 100% of surveyed educators said the program equipped them with new ideas and insights for teaching climate resilience. Evergreen developed a data visualization AI tool to empower cities to take climate action. The City of Calgary used the tool to inform planning policies around climate adaptation and community planning, the Toronto and Region Conservation Authority (TRCA) integrated the tool into its sustainable neighbourhood action plan, and the tool was used by three departments within Peel Region to support the municipality on five different projects and planning initiatives.
While Ci highlights these key results, they may not be a complete representation of Evergreen’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
Evergreen’s audited financial statements do not break out government funding and investment income from donations and fees for service. Ci reported revenues from the charity’s T3010 filings with the CRA.
Evergreen had donations of $3.6m in F2023. It also had $9.8m in revenue from the sale of goods and services and $718k in rent revenue.
The charity received $5.5m in government funding representing 28% of total revenues.
Administrative costs are 13% of revenues (less investment income) and fundraising costs are 23% of donations. This results in total overhead spending of 36%, which is outside of Ci’s reasonable range for overhead spending.
Evergreen has $1.9m in reserve funds. These reserve funds are the charity’s cash and investments. The charity has one month of annual program costs covered by its current reserves. This shows a need for funding.
This charity report is an update that has been sent to Evergreen for review. Changes and edits may be forthcoming.
Updated on August 6, 2024, by Lily Ferguson.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 12.5% | 11.4% | 13.1% |
Fundraising costs as % of donations | 23.2% | 22.4% | 22.7% |
Total overhead spending | 35.8% | 33.8% | 35.8% |
Program cost coverage (%) | 11.5% | 38.8% | 40.7% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 3,565 | 4,037 | 3,913 |
Government funding | 5,534 | 6,137 | 7,581 |
Fees for service | 10,538 | 10,277 | 3,719 |
Investment income | 107 | 79 | 6 |
Other income | 345 | 1,118 | 1,260 |
Total revenues | 20,089 | 21,648 | 16,479 |
Program costs | 16,633 | 16,343 | 10,238 |
Grants | 10 | 20 | 42 |
Administrative costs | 2,504 | 2,460 | 2,162 |
Fundraising costs | 828 | 905 | 887 |
Other costs | 24 | 31 | 36 |
Total spending | 20,000 | 19,758 | 13,365 |
Cash flow from operations | 89 | 1,890 | 3,114 |
Capital spending | 1,988 | 943 | 292 |
Funding reserves | 1,918 | 6,355 | 4,183 |
Note: Ci adjusted for deferred revenue and deferred capital contributions, affecting revenues by ($4.2m) in F2023, ($3.5m) in F2022, and (3.1m) in F2021. The charity did not report the source of these contributions, so Ci has put them into other income. Ci used the charity’s T3010 filing with the CRA to report revenues, including donations, government funding, fees for service, and investment income. Ci used the T3010 to report grants to qualified and non-qualified donees in grants (in expenses) and backed them out of program costs.
Salary Information
$350k + |
0 |
$300k - $350k |
1 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
6 |
$80k - $120k |
1 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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