Feed Nova Scotia
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.
Good
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.
91%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 91 cents are available for programs.
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OVERVIEW
About Feed Nova Scotia:
Feed Nova Scotia is a top-rated 5-star charity. This great charity has an above-average results reporting grade, Good demonstrated impact, and low overhead costs.
Founded in 1984, Feed Nova Scotia works to increase food security in the Province of Nova Scotia through food distribution and education. 4.4 million Canadians are living in food-insecure households and 1 in 6 households in Nova Scotia are food insecure. Feed Nova Scotia accepts, collects and distributes food and food-related products. In F2021, these products collectively supported 140 member agencies and over 40,000 Nova Scotians.
In F2021, Feed Nova Scotia distributed 2.9 million kilograms of donated food, of which 50% was non-perishable food and 50% was fresh and frozen food. The charity reports that for the F2021 holiday season it matched 18,406 individuals with food or gift support. Feed Nova Scotia supplied 4,247 produce hampers, 4,534 turkeys, 1,373 chickens, 152 tofu roasts, and 137 prepared dinners.
Feed Nova Scotia launched its covid-19 food box program in May 2020 which is a province-wide home delivery program. In the first 11 months of the program, the charity directly delivered 383,758 kilograms of food to 4,219 homes across the province.
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Results and Impact
Charity Intelligence rates Feed Nova Scotia as Good on demonstrated impact per dollar spent.
In F2021, Feed Nova Scotia distributed 2.9 million kilograms of food to its member agencies which collectively supported over 40,000 Nova Scotians.
While Charity Intelligence highlights these key results, they may not be a complete representation of Feed Nova Scotia’s results and impact.
Impact Rating: Good
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Finances
Feed Nova Scotia had cash donations of $12.0m and $14.7m in donated foods and other goods in F2021. The charity had $1.6m of redirected donations in F2021. Fundraising costs are 6% of cash donations and administrative costs are 4% of revenues. Feed Nova Scotia spends 9% on overhead. That means that for every dollar donated, 91 cents go towards the charity’s program, which is within Ci’s reasonable range for overhead spending.
Feed Nova Scotia has $9.1m in funding reserves and the reserves can cover just over 2 years of program costs.
This charity report is an update that was sent for review to Feed Nova Scotia. Changes and edits may be forthcoming.
Updated on May 25, 2022 by Emma Saganowich.
Financial Review
Fiscal year ending March
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 3.6% | 4.9% | 4.5% |
| Fundraising costs as % of donations | 5.9% | 15.2% | 17.2% |
| Total overhead spending | 9.5% | 20.1% | 21.6% |
| Program cost coverage (%) | 208.9% | 129.5% | 68.3% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 10,426 | 3,221 | 2,920 |
| Goods in kind | 14,674 | 12,089 | 11,692 |
| Special events | 1,578 | 1,189 | 1,217 |
| Other income | 175 | 25 | 203 |
| Total revenues | 26,852 | 16,524 | 16,032 |
| Program costs | 4,353 | 2,351 | 2,672 |
| Donor-designated donations | 1,622 | 296 | 109 |
| Administrative costs | 956 | 807 | 717 |
| Fundraising costs | 707 | 672 | 710 |
| Total spending | 21,916 | 15,968 | 15,337 |
| Cash flow from operations | 4,937 | 557 | 695 |
| Capital spending | 115 | 14 | 372 |
| Funding reserves | 9,094 | 3,044 | 1,824 |
Note: Ci removed amortization expenses from administration and program expenses, affecting total expenses by $87k in F2021, $121k in F2020, and $132k in F2019. Ci excluded gain on sale of building affecting revenues by ($879k) in F2019. Ci adjusted for deferred capital contributions in order to report contributions on a cash basis. Ci recorded capital contributions net of expenses and backed out amortization of deferred capital contributions affecting revenues by $151k in F2021, $149k in F2020, and $485k in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
4 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
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Charity Contact
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