Trout Unlimited Canada
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.
B
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.
71%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 71 cents are available for programs.
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OVERVIEW
About Trout Unlimited Canada:
Trout Unlimited Canada is a 4-star rated charity with best practice in financial transparency and average accountability to donors as seen in the B results reporting grade. For every dollar donated to this charity, 71 cents go to the cause. This is within Ci's reasonable range for overhead spending.
Founded in 1972 Trout Unlimited Canada (TUC) works to conserve Canada’s water and fish. Its mission is to conserve, protect, and restore Canada’s freshwater ecosystems and cold-water resources for current and future generations. Since its inception, TUC has saved over 895,000 fish. TUC has 22 chapters across Canada and runs two major programs: conservation and education.
TUC’s conservation program aims to protect Canada’s waterways and save fish. TUC repaired over 7km of streams and rivers, and planted over 3,750 trees to help fight climate change. In F2021, the charity rescued 36,930 fish across Ontario and dedicated 6,114 hours of research to the development of restoration plans for Canada’s water.
Through the education program, TUC improves people’s knowledge and awareness of water pollution, water quality, and stream restoration. In F2021, TUC educated 8,000 people. The charity also reports that over 20 people received electrofishing training.
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Results and Impact
Trout Unlimited Canada reports that for $1 received from donors, it produces $4 of “on the ground change.” The charity does not disclose whether the value created relates to conservation activities, education activities, or both.
While Ci highlights these key results, they may not be a complete representation of Trout Unlimited Canada's results and impact.
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Finances
Trout Unlimited Canada reported total donations and special events fundraising of $509k in F2021. Administrative costs are 14% of revenues and fundraising costs are 15% of donations and special events fundraising. For every dollar donated to the charity, 71 cents go to its programs. This is within Ci’s reasonable range for overhead spending.
TUC has funding reserves of $441k that can cover annual program costs for four months at the F2021 level.
This charity report is an update that is currently being reviewed by Trout Unlimited Canada. Comments and edits may be forthcoming.
Updated on July 15, 2022 by Angelina Curwin.
Financial Review
Fiscal year ending December
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 14.4% | 10.1% | 12.8% |
| Fundraising costs as % of donations | 14.5% | 12.8% | 18.3% |
| Total overhead spending | 28.9% | 22.9% | 31.0% |
| Program cost coverage (%) | 41.4% | 36.8% | (8.5%) |
Summary Financial StatementsAll figures in $s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 463,346 | 766,211 | 658,797 |
| Government funding | 606,505 | 629,286 | 397,818 |
| Special events | 45,367 | 103,663 | 366,636 |
| Other income | 39,799 | 21,484 | 2,905 |
| Total revenues | 1,155,017 | 1,520,644 | 1,426,156 |
| Program costs | 1,065,754 | 928,026 | 956,065 |
| Administrative costs | 166,181 | 153,048 | 181,783 |
| Fundraising costs | 73,679 | 111,710 | 187,283 |
| Total spending | 1,305,614 | 1,192,784 | 1,325,131 |
| Cash flow from operations | (150,597) | 327,860 | 101,025 |
| Capital spending | 8,514 | 1,179 | 0 |
| Funding reserves | 441,320 | 341,071 | (81,732) |
Note: The charity's audited financials did not break out government funding from donations. Ci used the charity's T3010 filing to re-allocate government grants and backed the amount out of donations.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
0 |
$40k - $80k |
5 |
< $40k |
4 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-221-8360