Alzheimer Society of Ontario

20 Eglinton Ave. W., 16th floor
Toronto, ON M4R 1K8
Executive Director: Cathy Barrick
Board Chair: Claire Forster

Charitable Reg. #:11878 4842 RR0001

STAR RATING

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

[Charity Rating: 3/5]

✔+

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.

51%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 51 cents are available for programs.



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OVERVIEW

About Alzheimer Society of Ontario:

Alzheimer Society of Ontario is a 3-star charity. It is financially transparent and has an average results reporting grade but has overhead spending outside of Ci’s reasonable range.

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 runs four main programs, including Support Services, Education, Research and Advocacy. In F2023, 82% of total program spending went to Support and Education Services, 9% went to Research, and 9% went to Advocacy.

Support Services: 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.

Education: Alzheimer Society of Ontario 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 behavioral changes, and how to work as a team to develop individualized support strategies for patients. In F2023, more than 1,500 participants completed the U-First! program offered through 12 e-learning courses for healthcare providers. During the same year, the charity hosted 8,637 education and awareness-raising events, including virtual staff-led education sessions and online learning.

Research: 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 a deeper understanding of the biomedical foundations of the disease. In F2023, the charity supported ten new research projects in Ontario.

Advocacy: In F2023, ALZO met with nearly 200 major party candidates during the provincial election to make dementia a ballot box issue.

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Results and Impact

Following the completion of Alzheimer Society of Ontario's First Link program, the charity reported that 72% of care partners said that connection with their local Alzheimer Society helped them provide longer care at home. 86% of people living with dementia and 85% of care partners reported that the Alzheimer Society assisted them in times of need. 97% of people living with dementia and 94% of care partners indicated that they are likely or very likely to recommend the Alzheimer Society to others affected by dementia.

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

In F2023, Alzheimer Society of Ontario received $12.7m in donations. Administrative costs are 8% of revenues (excluding investment income), and fundraising costs are 41% of donations. This results in total overhead spending of 49%. For every dollar donated, 51 cents go towards the charity’s programs. This is outside of Charity Intelligence’s reasonable range for overhead spending.

The charity has $8.7m in reserve funds, which could cover 13 months of its annual program costs.

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 July 21, 2023 by Krystie Nguyen.

 

Financial Review


Financial Ratios

Fiscal year ending March
202320222021
Administrative costs as % of revenues 7.6%5.6%5.8%
Fundraising costs as % of donations 41.1%29.6%35.5%
Total overhead spending 48.6%35.2%41.3%
Program cost coverage (%) 109.5%100.2%62.8%

Summary Financial Statements

All figures in $000s
202320222021
Donations 12,69217,68012,140
Government funding 9681,6831,791
Business activities (net) 483467316
Investment income 217250696
Total revenues 14,35920,07914,943
Program costs 7,1017,9976,707
Grants 8581,8331,789
Administrative costs 1,0741,118829
Fundraising costs 5,2105,2334,308
Total spending 14,24316,18213,634
Cash flow from operations 1163,8981,309
Capital spending 11313956
Funding reserves 8,7179,8495,340

Note: Ci included unrealized gains (losses) on investments, affecting total revenue by ($62k) in F2022, ($27k) in F2022, and $585k in F2021. Ci adjusted for deferred donations, affecting revenues by ($479k) in F2023, $380k in F2022, and $15k in F2021. 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 administration costs.

Salary Information

Full-time staff: 46

Avg. compensation: $81,180

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
3
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.alzheimer.ca/on
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-967-5900

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Charitable Registration Number: 80340 7956 RR0001