Trans Canada Trail
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.
60%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 60 cents are available for programs.
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OVERVIEW
About Trans Canada Trail:
Trans Canada Trail is a 3-star charity. It has an average results reporting grade and its overhead costs are outside Ci's reasonable range for overhead spending.
Established in 1992, Trans Canada Trail (TCT) is a national charity that promotes the development and use of the Trans Canada Trail. Previously known as The Great Trail, the Trans Canada Trail is one of the world’s longest networks of trails. Trans Canada Trail stretches nearly 27,000 kilometers from the Atlantic to the Pacific to the Arctic oceans. The trail connects over 15,000 Canadian communities.
TCT is made up of individual trail sections which include downtown streets through cities and wilderness areas. Trail users include walkers, hikers, horseback riders, Nordic skiers, snowmobilers and paddlers. TCT seeks to inspire, thrill and contribute to the health, happiness and adventurous spirit of all Canadians. The charity states that 80% of Canadians live within 30 minutes of the Trans Canada Trail.
Trans Canada Trail identifies key priorities for its work: to grow and improve the quality of the trail (new links, resurfacing and maintenance), improve the safety and comfort of trail users, to be more inclusive by promoting Trans Canada Trail to new Canadian citizens and improve accessibility, and better signage.
TCT also funds local trail societies and municipal governments to maintain and expand Trans Canada Trail, support the maintenance, accessibility, and inclusion. To stop degrading, 29% of local partners and municipal governments say they need money, tools, and major investments to bring their section of the Trans Canada Trail up to minimum standards. In F2021, TCT gave $3.1m in grants to 77 organizations and volunteer groups that maintain and enhance the trail. TCT also shipped 2,325 covid-19 safety signs to 152 trail groups in F2021.
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Results and Impact
TCT conducts trail research and collects data on the trail and its users. In the 2021 National Leger Survey, the charity found that trail use increased by 40% in F2021. It also states that trails became a vital lifeline for Canadians during covid-19 because they provided connections to nature and to each other.
While Charity Intelligence highlights these key results, they may not be a complete representation of Trans Canada Trail’s results.
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Finances
Trans Canada Trail received $2.9m in donations in F2022. The federal government agency, Parks Canada, contributed $7.8m in funding (72% of total revenues). Administrative costs are 14% of total revenues (less investment income) and fundraising costs are 26% of donations. The charity spends 40% on overhead. For every dollar donated, 60 cents go to the cause. This is outside Ci’s reasonable range for overhead spending.
TCT has funding reserves of $11.7m with $53k in donor-endowed funds. Excluding donor-endowed funds, TCT can cover annual program costs for 1.3 years with current reserves.
Updated on August 9, 2022 by Emma Saganowich.
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 13.6% | 12.8% | 11.8% |
| Fundraising costs as % of donations | 26.1% | 40.1% | 27.0% |
| Total overhead spending | 39.7% | 52.9% | 38.8% |
| Program cost coverage (%) | 126.4% | 166.2% | 164.6% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 2,875 | 2,299 | 4,158 |
| Government funding | 7,840 | 7,500 | 7,500 |
| Investment income | 53 | 168 | 269 |
| Other income | 122 | 459 | 30 |
| Total revenues | 10,890 | 10,427 | 11,958 |
| Program costs | 9,207 | 8,432 | 8,328 |
| Administrative costs | 1,479 | 1,309 | 1,379 |
| Fundraising costs | 750 | 922 | 1,124 |
| Total spending | 11,435 | 10,663 | 10,831 |
| Cash flow from operations | (545) | (237) | 1,127 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 11,690 | 14,060 | 13,756 |
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
3 |
$120k - $160k |
0 |
$80k - $120k |
6 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Charity Contact
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Tel: (800) 465-3636