Global Medic

9 - 20 Clairport Cresent
Etobicoke, ON M9W 6P6
Executive Director: Rahul Singh
Board Member: Gord Martineau

Charitable Reg. #: 88258 8619 RR0001
Sector: International Aid
Operating Charity

Social Results Reporting

Grade: B-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Global Medic:

David McAntony Gibson Foundation, operating as GlobalMedic, provides emergency relief to those affected by natural disasters and complex emergencies and aims to empower people in communities around the world. Since 2004, GlobalMedic teams have deployed to over 60 international disasters. Staffed with Canadian professional rescuers, primarily police officers, paramedics and firefighters, GlobalMedic claims to reach the affected areas within 12 hours of any particular disaster. GlobalMedic is a volunteer-driven organization and has zero compensation expenses.

In F2014, GlobalMedic worked on 9 Disaster Relief projects and 3 Capacity Building projects. Its Disaster Relief programs are conducted through an Emergency Water Unit, an Emergency Medical Unit and a Rescue Unit which provide services, deploy equipment and train local communities on the operation and maintenance of equipment. Through its Capacity Building programs GlobalMedic provides medical clinics, schools, long-term water solutions, training to enhance emergency medical services and has developed a pre-hospital emergency medical care training package. As of June 2015, the most recent disaster relief programs include response to Ukraine IDP, Nepal Earthquake, Ebola outbreak, Pakistan flood, Kashmir flood, Typhoon Hagupit among others.

Financial Review:

GlobalMedic's financial statements are unaudited but have been reviewed by an auditor. It has funding reserves of $1.4m, covering 115% of the annual program costs. It does not report any fundraising and administrative expenses. GlobalMedic states that 100% of donors' money goes directly into charitable programming.

This charity report is an update that is being reviewed by GlobalMedic. Changes and edits may be forthcoming.

Updated June 17, 2015 by Mikhil Mahore.

Financial Ratios

Fiscal year ending May
Administrative costs as % of revenues 0.0%0.0%0.0%
Fundraising costs as % of donations 0.0%0.0%0.0%
Program cost coverage (%) 114.6%62.5%38.9%

Summary Financial Statements

All figures in $s
Donations 1,884,1141,060,416558,973
Goods in kind 34,89828,36785,322
Investment income 8,16821,5677,573
Other income 2,9563,0483,043
Total revenues 1,930,1361,113,398654,911
Program costs 1,186,717913,023743,806
Administrative costs 000
Fundraising costs 000
Other costs 24,57018,16016,503
Cash flow from operations 718,849182,215(105,398)
Funding reserves 1,359,498570,408289,279
Note: GlobalMedic has not reported any staff in its T3010 CRA return. Financial Analysis has been performed on unaudited financial statements. CI has adjusted revenues for deferred income by $487k in F2014, $81k in F2013 and ($142k) in F2012. CI also adjusted revenues for unrealized gains by $11k in F2013.

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