Toronto, ON M4S 2B9
CEO: Lisa de Wilde
Board Chair: Peter O'Brian
Charitable Reg. #: 85985 0232 RR0001
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #326
Avg. Compensation $102,811
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||5|
|$120k - $160k||3|
|$80k - $120k||0|
|$40k - $80k||0|
About TVOntario (TVO):
The Ontario Educational Communications Authority operates as TVO and is the Government of Ontario's partner in digital learning. Its mission is to be “Ontario’s public educational media organization and a trusted source of interactive educational content that informs, inspires, and stimulates curiosity and thought.” TVO provides children and parents with educational resources both inside and outside of classrooms. The charity’s head office is in Toronto.
In F2017, 10.5 million Ontarians watched TVO on television, down from “more than 11 million” viewers that was reported in the charity’s 2015 annual report. TVO connected 7,730 teachers through its TeachOntario program which is an online community for Ontario’s educators. This allows Ontario teachers to explore learning opportunities, share knowledge, and create projects to support teaching. TVO’s Homework Help program offers free online math tutoring services for students in grades 7 to 10. TVO reports to have helped students solve over 120k math questions in F2017. TVO’s content and programming made up 39% of program spending in F2017, and its technical and production support services made up 35% of program spending.
TVOKids.com was relaunched in 2017, which gives kids on-demand access to age-relevant TV shows and games. TVO launched its mPower program in schools across Ontario in F2017. This is a free creative online game that teaches fundamental math and critical thinking skills for students in kindergarten through grade six. TVO reports to have helped 35,608 students through this program in F2017. TVO also became the first media organization in Canada to stream a full broadcast nightly on Twitter beginning in 2017.
TVO’s Independent Learning Centre (making up 26% of total spending in F2017) is an Ontario-designated provider of distance education. It is funded by the Ministry of Education, offering flexible, affordable and accredited distance education. In F2017, 20,475 high school students were enrolled in TVO’s Independent Learning Centre (ILC).
Results and Impact: In TVO’s 2017 annual report, it states that the charity was awarded 8 Canadian Screen Awards, 4 Daytime Emmys and the Canadian Hillman Prize for Journalism for its content.
TVO is a Large charity with donations of $5.9m in F2017. The charity also received $52.2m of government funding, representing 82% of its total revenue in F2017. Administrative costs are 11% of total revenues and fundraising costs are 54% of total donations. For every dollar donated to the charity, $0.35 goes towards its programs, which falls well outside Ci’s reasonable range for overhead spending. TVO has funding reserves of $27.9m which can cover 7 months of annual program costs, indicating a need for donations.
TVO uses external fundraisers as part of its fundraising activities. In F2017, TVO reported paying $344k to external fundraisers that raised $317k. For every dollar raised from external fundraisers, it paid $1.08 to the third party.
This charity report is an update that has been sent to TVO for review. Changes and edits may be forthcoming.
Updated on August 7, 2018 by Derek Houlberg.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||10.6%||11.9%||11.8%|
|Fundraising costs as % of donations||54.1%||52.2%||47.0%|
|Program cost coverage (%)||57.8%||54.7%||66.6%|
Summary Financial StatementsAll figures in $000s
|Fees for service||3,076||3,072||2,974|
|Business activities (net)||1,028||1,018||1,012|
|Cash flow from operations||5,729||5,469||6,439|