Alzheimer Society of Ontario
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.
59%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 59 cents are available for programs.
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OVERVIEW
About Alzheimer Society of Ontario:
Founded in 1983, Alzheimer Society of Ontario (ALZO) is one of ten provincial Societies working with Alzheimer Society of Canada. The charities work together towards a common goal of a world without dementia. ALZO works closely with 29 local Societies across Ontario to offer care and education programs to people affected by dementia. It also funds research projects and advocates on behalf of those living with dementia. ALZO notes that 240,000 people are living with dementia in Ontario and that the national cost to care for Canadians with dementia is around $10.4 billion a year.
In F2021, 38% of ALZO's program spending went to its Partner Alzheimer Societies, 38% went to Programs and Services, 18% went to Research, and 6% went to Government Health Programs.
ALZO offers many resources to people with dementia, including First Link and Minds in Motion. First Link is a program that connects people affected by dementia to support, information, and resources in their communities. Minds in Motion is a community-based program that encourages physical activity and mental stimulation for people with early signs of dementia. In F2021 First Link Services were offered across ALZO's 29 provincial Societies, and Minds in Motion was offered virtually by 20 partners.
ALZO funds dementia research through the Alzheimer Society Research Program (ASRP). The program receives funding from provincial Alzheimer Societies, Alzheimer Society of Canada and outside donors. ASRP gives grants to researchers working to improve the quality of life for those affected by dementia, and to gain deeper understanding of the biomedical foundations of the disease. ALZO received 77 applications from researchers in F2021, and ultimately provided $1.9m in funding for the six successful applications.
Alzheimer Society of Ontario also works to educate healthcare professionals on how to provide the highest quality of care for patients with dementia. ALZO’s U-First! program provides education and training to help healthcare providers understand dementia and associated behavioural changes, and how to work as a team to develop individualized support strategies for patients. In F2021, 254 participants completed the U-First! program offered through 12 e-learning courses.
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Results and Impact
Following the completion of Alzheimer Society of Ontario's U-First! program, the charity noted 81% of participants were more confident in their ability to manage behaviour changes (in people with dementia) and 84% felt better prepared to work with care partners to provide optimal care for those with dementia. The charity also reported that 39.8% of its clients living in long-term care homes stated that ALZO's support helped them live at home longer, with an average of two years of time spent in long-term care avoided. 33.5% of clients reported that ALZO helped them avoid a crisis in the past 12 months. Additionally, ALZO highlighted that its support services help avoid an average of two hospital admissions per year per client.
Charity Intelligence highlights these key results. They may not be a complete representation of ALZO's results. Charity Intelligence has not assessed impact on Alzheimer Society of Ontario. This shows as n/r, meaning not rated.
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Finances
Alzheimer Society of Ontario received $12.1m in donations in F2021. Administrative costs are 6% of revenues (excluding investment income), and fundraising costs are 36% of donations. For every dollar donated, 59 cents go towards the charity’s programs. This is outside of Charity Intelligence’s reasonable range for overhead spending. Funding reserves of $5.3m can cover 7.5 months of program costs using existing reserves.
This charity report is an update that has been sent to Alzheimer Society of Ontario for review. Comments and edits may be forthcoming.
Updated on August 24, 2021 by Rachel Leteta.
Financial Review
Fiscal year ending March
|
2021 | 2020 | 2019 |
---|---|---|---|
Administrative costs as % of revenues | 5.8% | 6.1% | 21.1% |
Fundraising costs as % of donations | 35.5% | 36.1% | 44.3% |
Total overhead spending | 41.4% | 42.2% | 65.4% |
Program cost coverage (%) | 62.8% | 69.9% | 45.2% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 12,125 | 13,073 | 11,637 |
Government funding | 1,791 | 595 | 784 |
Business activities (net) | 316 | 361 | 449 |
Investment income | 696 | (151) | 233 |
Total revenues | 14,928 | 13,878 | 13,102 |
Program costs | 6,707 | 5,091 | 3,661 |
Grants | 1,789 | 1,806 | 1,757 |
Administrative costs | 829 | 856 | 2,714 |
Fundraising costs | 4,308 | 4,724 | 5,155 |
Total spending | 13,634 | 12,477 | 13,288 |
Cash flow from operations | 1,295 | 1,402 | (185) |
Capital spending | 56 | 44 | 8 |
Funding reserves | 5,340 | 4,819 | 2,448 |
Note: Ci adjusted for unrealized gains (losses) on investments, affecting total revenue by $585k in F2021, ($353k) in F2020, and ($45k) in F2019. Ci recorded expenses paid to local Societies as program costs, and expenses paid to Alzheimer Society of Canada as fundraising costs. Amortization of capital assets and of property and equipment have been backed out of administrative costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
1 |
$120k - $160k |
2 |
$80k - $120k |
4 |
$40k - $80k |
2 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2020
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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: 416-967-5900