SEVA Canada Society

#100 - 2000 West 12th Avenue
Vancouver, BC V6J 2G2
Executive Director: Penny Lyons
Board Chair: Laura Spencer

Website: www.seva.ca
Charitable Reg. #: 13072 4941 RR0001

Sector: International Aid

Operating Charity

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: A-

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2014	2015	2016

For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #6

Avg. Compensation $66,660

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	0
$250k - $300k	0
$200k - $250k	0
$160k - $200k	0
$120k - $160k	0
$80k - $120k	1
$40k - $80k	4
< $40k	1

Information from most recent CRA Charities Directorate filings for F2016

About SEVA Canada Society:

Founded in 1982, Seva Canada Society (Seva) is a Vancouver-based charity that provides eye care for people in developing countries. Seva’s mission is to restore the eyesight of blind people and to prevent blindness for those in need - women, children and people living in extreme poverty and isolation. It states that blindness and visual impairment are largely solvable problems as doctors can prevent or cure 80% of blindness cases. Two-thirds of the world's blind are women. The World Bank has called treating blindness one of the most cost-effective health interventions.

In F2016, Seva Canada Society spent $1.6m on eye surgeries, treatments and prevention campaigns in 13 countries. It operated in Ethiopia, Tanzania, Malawi, Congo-Brazzaville, Benin, Burundi, Madagascar, India, Egypt, Guatemala, Cambodia, Tibetan Areas of China and Nepal.

Seva Canada Society reports that one cataract surgery costs only $50. It paid for 50,167 eye surgeries and provided eye care services to 1,056,470 people in F2016. Seva works with local partners to improve eye care services and develop sustainable eye care programs. Seva Canada Society partners with existing women’s microfinance groups to train women to find people needing eye care in remote villages, deliver eye care messages, and influence health-seeking behaviour. Seva reports that it has restored the sight of nearly 4 million people to date through surgeries and has provided eye care services to millions more.

Financial Review:

Seva Canada Society is a medium sized charity with donations and special events revenues of $1.7m in F2016. Administrative costs were 7% of total revenues and fundraising costs were 13% of donations. For every dollar donated, 80 cents go towards Seva’s programs, falling within Ci’s reasonable range. Seva had total funding reserves of $397k in F2016. This results in a program cost coverage ratio of 25%, meaning that the charity’s reserves can cover annual program costs for 3 months, indicating a need for funding.

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

Updated June 26, 2017 by Kevin Silberberg.

Financial Ratios Fiscal year ending June	2016	2015	2014
Administrative costs as % of revenues	7.5%	8.9%	6.2%
Fundraising costs as % of donations	12.5%	15.8%	12.8%
Program cost coverage (%)	24.8%	45.6%	48.1%

Summary Financial Statements All figures in $s	2016	2015	2014
Donations	1,688,988	1,227,221	1,501,865
Goods in kind	1,243	1,171	28,039
Government funding	191,358	197,910	228,129
Special events	45,025	39,290	10,912
Investment income	11,490	7,253	3,500
Total revenues	1,938,104	1,472,845	1,772,445
Program costs	1,603,522	1,153,608	1,250,819
Administrative costs	144,230	129,878	110,383
Fundraising costs	216,057	199,952	194,312
Cash flow from operations	(25,705)	(10,593)	216,931
Funding reserves	397,016	525,979	602,110

Note: Ci has removed amortization from administrative and fundraising costs to report amortization separately as a non-cash expense. Ci has reported revenues net of cost of goods sold, affecting revenues by ($7.4k) in F2016, ($7.0k) in F2015, and by ($6.6k) in F2014.

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