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

Charitable Reg. #:11903 9337 RR0001

STAR RATING

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

[Charity Rating: 4/4]

✔+

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.

Fair

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.

78%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.



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Programs

About Feed Nova Scotia:

Founded in 1984, Metro Food Bank Society - Nova Scotia (also known as Feed Nova Scotia) works to eliminate chronic hunger and alleviate poverty in the Province of Nova Scotia through food distribution and education. As reported by Food Banks Canada HungerCount report, 1.1m people accessed food banks in March 2018, of which, 35.2% were children. Feed Nova Scotia accepts, collects and distributes food and food-related products to 144 member agencies that collectively supported over 44,000 Nova Scotians in F2019. Of the people who received food from Feed Nova Scotia, 33% were children and 48% reported that their primary source of income was income assistance programs.

In F2019, Feed Nova Scotia distributed nearly 2.0 million kilograms of donated food, of which 990,671 kg was perishable food, and 962,061 kg was non-perishable food. In F2019, the charity reports that for the holiday season it distributed 3,926 produce hampers, 4,090 turkeys, 1,526 chickens, and 152 vegan hampers to 6,550 households. Feed Nova Scotia also reports that it provided 75 food hampers to Muslim families during Ramadan.

In 2017, Feed Nova Scotia submitted observations and recommendations to the National Poverty Reduction Strategy Recommendation. The charity reports that, in Canada, 8.8% of people (3 million people) live in poverty.

Feed Nova Scotia reports that hunger rates are not declining in Nova Scotia, and so it created new relationships with potential donors. In F2019, a Food Banks Canada member took on a food procurement role in the Atlantic region, and as a result Feed Nova Scotia brought 17 new stores on board to donate, and received 43,000 extra kilograms of food.

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Results and Impact

Charity Intelligence rates Ronald McDonald House South Central Ontario as Fair on demonstrated impact per dollar (see impact grid below).

Impact Rating: Fair

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Finances

Feed Nova Scotia is a large-sized charity with donations of $2.9m and $11.1m in food donations in F2019. Fundraising costs are 17% of donations, and administrative costs are 5% of revenues. For every dollar donated, 78 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

Feed Nova Scotia has funding reserves of $1.8m, which can cover 1.5 months of annual program costs, excluding the value of food.

This report is an update that has been sent to Feed Nova Scotia for review. Changes and edits may be forthcoming.

Updated August 12, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending March
201920182017
Administrative costs as % of revenues 4.5%3.7%4.4%
Fundraising costs as % of donations 17.2%15.4%17.7%
Total overhead spending 21.6%19.0%22.1%
Program cost coverage (%) 13.2%1.4%15.6%

Summary Financial Statements

All figures in $000s
201920182017
Donations 2,9203,1982,422
Goods in kind 11,69211,96410,672
Special events 1,2171,2461,430
Other income 203251167
Total revenues 16,03216,65914,691
Program costs 13,80214,01012,383
Administrative costs 717613647
Fundraising costs 710682681
Other costs 109150120
Total spending 15,33715,45613,830
Cash flow from operations 6951,203861
Capital spending 3722,6760
Funding reserves 1,8241971,934

Note: Ci added the estimated value of donated food to revenue, and the estimated value of distributed food to expenses. This resulted in an increase of both revenue and expenses by $11.1m in F2019, $11.4m in F2018 and $10.2m in F2017. 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 deferred capital contributions net of expenses and backed out amortization of deferred capital contributions affecting revenues by $485k in F2019, $392k in F2018, and $23k in F2017.

Salary Information

Full-time staff: 32

Avg. Compensation $59,474

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 F2018

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.feednovascotia.ca
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