SEVA Canada Society

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

Website: www.seva.ca
Charitable Reg. #: 13072 4941 RR0001
Sector: International Aid
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

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 ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #5

Avg. Compensation $70,845

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 0
Information from most recent CRA Charities Directorate filings for F2015

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 poverty. 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 the most cost-effective health intervention to reduce poverty.

In F2015, Seva Canada Society spent $1.2m on eye surgeries, treatments and prevention campaigns in over 15 countries. It operated in Ethiopia, Tanzania, Zambia, Malawi, Congo-Brazzaville, Benin, Rwanda, Burundi, Madagascar, India, Egypt, Guatemala, Cambodia, China and Nepal.

Seva reports that one surgery costs only $50. It paid for 59,798 eye surgeries and provided eye care services to 978,449 people in F2015. Seva partners with eye centres and doctors in Nepal, India, Egypt, Burundi and Malawi to improve eye care services and develop sustainable eye care programs. Seva Canada Society partners with existing women's microfinance campaigns to provide better health care services and train women on eye care. Seva reports that it has restored the sight of nearly 1 million people to date.

Financial Review:

Seva Canada Society is a Small-Cap charity, which received donations and special events revenue of $1.2m in F2015. Administrative costs are 9% of total revenues and fundraising costs are 16% costs of total donations. Total overhead costs are 24%, falling within Ci's reasonable range. Seva has total funding reserves of $526k that can cover the charity's annual program costs for 6 months.

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

Updated June 16th, 2016 by Mirza Ali Shakir.

Financial Ratios

Fiscal year ending June 		201520142013
Administrative costs as % of revenues 8.9%6.2%10.1%
Fundraising costs as % of donations 15.8%12.8%17.8%
Program cost coverage (%) 45.6%48.1%31.7%

Summary Financial Statements

All figures in $s 		201520142013
Donations 1,227,2211,501,865949,690
Goods in kind 1,17128,0396,170
Government funding 197,910228,129203,270
Special events 39,29010,91282,128
Investment income 6,7623,5002,466
Total revenues 1,472,3541,772,4451,243,724
Program costs 1,153,6081,250,8191,036,217
Administrative costs 129,878110,383125,201
Fundraising costs 199,952194,312183,807
Cash flow from operations (11,084)216,931(101,501)
Funding reserves 525,979602,110328,307
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, reducing revenues by $7.0k in F2015, $6.6k in F2014 and $5.6k in F2013.

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