67 Wright Avenue
Dartmouth, NS B3B 1H2
Executive Director: Nick Jennery
Board Chair: David Miller

Charitable Reg. #:11903 9337 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 5/5]

✔+

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.

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:

 

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 they 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 food box home delivery program. In the first 11 months of the program, they 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 Fair 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 in F2021.

While Charity Intelligence highlights these key results, they may not be a complete representation of SFBLC’s results and impact.

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Finances

Feed Nova Scotia is a large-sized charity with cash donations of $8.8m and $14.7m in donated foods and other goods in F2021. Fundraising costs are 6% of cash donations and administrative costs are 4% of revenues. Feed Nova Scotia spends 10% on overhead. That means that for every dollar donated, 90 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 around 5.9 months 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


Financial Ratios

Fiscal year ending March
202120202019
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 (%) 48.8%21.4%13.2%

Summary Financial Statements

All figures in $000s
202120202019
Donations 10,4263,2212,920
Goods in kind 14,67412,08911,692
Special events 1,5781,1891,217
Other income 17525203
Total revenues 26,85216,52416,032
Program costs 18,63014,19213,802
Administrative costs 956807717
Fundraising costs 707672710
Other costs 1,622296109
Total spending 21,91615,96815,337
Cash flow from operations 4,937557695
Capital spending 11514372
Funding reserves 9,0943,0441,824

Note: Ci removed amortization expenses from administration and program expenses. In F2019, Ci excluded gain on sale of building affecting revenues by ($879k). 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

Full-time staff: 34

Avg. compensation: $65,146

Top 10 staff salary range:

$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

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.feednovascotia.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Charitable Registration Number: 80340 7956 RR0001