Nova Scotia Nature Trust

P.O. Box 2202, Stn. Central
Halifax, NS B3J 3C4
Executive Director: Bonnie Sutherland
Board President: Corey Miller

Charitable Reg. #: 88962 7691 RR0001
Sector: Environment
Operating Charity

Donor Accountability

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

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #8

Avg. Compensation $39,348

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 2
< $40k 6
Information from most recent CRA Charities Directorate filings for F2012

About Nova Scotia Nature Trust:

Founded in 1994, Nova Scotia Nature Trust (NSNT) works closely with the Province of Nova Scotia to protect endangered natural land in that province, with a special focus on coastal environments. NSNT works through purchase, donations and conservation easements. Title to certain properties is transferred to the Province on closing. NSNT has some 50 conservation sites, covering more than 6,500 acres.

NSNT is a membership organization, but the number of members is not disclosed in their public documents. NSTN had F2012 revenues of approximately $1m, not including property donations. Nearly half of this funding came from the Federal and Provincial governments. Program spending was divided almost equally between land acquisition and stewardship/education.

Financial Review:

The Trust is in a strong financial position, with funding reserves of $1.9m which cover annual program costs 2.7 times, excluding the cost of donated land or 1.7 times including donated land.  Administrative costs are 8% of revenues and fundraising expense is 12% of donations (including land donations) or 21% excluding donated land.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 8.0%6.8%2.6%
Fundraising costs as % of donations 12.0%14.3%5.7%
Program cost coverage (%) 274.7%213.5%137.4%

Summary Financial Statements

All figures in $s
Donations 548,475230,912925,883
Goods in kind 400,000356,000477,000
Government funding 456,871386,567731,921
Investment income 9502,23719,462
Other income 0510372
Total revenues 1,406,296976,2262,154,638
Program costs 701,033740,7291,226,123
Administrative costs 112,24166,21556,075
Fundraising costs 114,21784,09180,055
Cash flow from operations 478,80585,191792,385
Funding reserves 1,925,3911,581,4091,685,221
Note: Revenues have been adjusted by ($8k) in F2012, ($351k) in F2011, and $207k in F2010, representing deferred donations recognized in the year received. Program expenses include cost of donated property.

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