Schizophrenia Society of Ontario

130 Spadina Avenue, Suite 302
Toronto, ON M5V 2L4
CEO: Mary Alberti
Board President: Aamir Mian

Website: www.schizophrenia.on.ca
Charitable Reg. #: 12990 4058 RR0001
Sector: Health
Operating Charity

Donor Accountability

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #25

Avg. Compensation $57,659

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 2
$40k - $80k 7
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Schizophrenia Society of Ontario:

Founded in 1979, Schizophrenia Society of Ontario (SSO) works to make a positive difference in the lives of people, families and communities affected by schizophrenia and psychotic illnesses. Its ultimate vision is a society in which schizophrenia is recognized as a serious brain disease and excellence in service and treatment are the norm. Further, the society aims to end the stigma against schizophrenia and ultimately, find a cure.

To achieve this vision, SSO funds research, operates a range of support, education and awareness programs, and seeks to mobilize youth to take a greater role in understanding schizophrenia and championing SSO's cause. Since 1993, SSO has funded 20 research projects and contributed $20m to research on schizophrenia and psychotic illnesses. In F2016, 18% of program spending was allocated to research. Programs include initiatives that connect those living with mental illnesses with mental health professionals, professional training in cognitive behavioural therapy, support groups, and other educational initiatives.  

Sound Off is a program run by youth for youth. It aims to break the silence surrounding mental health by starting conversations about improving Ontario’s responsiveness to youth and mental health issues. In F2016, 1800 surveys were distributed, of which 1593 were collected and used for analysis. The survey asked students for their input on the role of schools, media and communities on mental health education and advocacy. The resulting recommendations included improvements in the availability of mental health resources for post-secondary students, an increase in media responsibility, and increased mental health education for those involved in law enforcement.

Financial Review:

Schizophrenia Society of Ontario is a medium-sized charity with $1.4m in donations and special events fundraising in F2016. Government funding accounted for an additional $558k in revenues. Administrative costs were 23% of revenues and fundraising costs were 41% of donations. As such, for every $1 donated, 36 cents went to the cause. This does not fall within Charity Intelligence’s reasonable range for overhead spending.

Funding reserves of $487k can cover 4 months of program costs. Funding reserves have been steadily decreasing from $1.7m in F2012 to $1.5m in F2013 and $1.1m in F2014. Since F2010, Schizophrenia Society of Ontario has been operating at a negative cash flow ranging from ($280k) to ($590k) each year. F2012 was the only exception, with a positive operating cash flow of $161k.

This charity report is an update that is currently being reviewed by Schizophrenia Society of Ontario. Changes and edits may be forthcoming.

Updated on June 19, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 22.9%27.2%21.4%
Fundraising costs as % of donations 41.4%54.0%37.8%
Program cost coverage (%) 39.0%50.9%72.3%

Summary Financial Statements

All figures in $s
201620152014
Donations 999,591705,1831,053,092
Government funding 557,712557,659636,356
Fees for service 27,80953,62642,126
Special events 409,660495,404455,791
Investment income 9,62118,14530,777
Other income 3,52216,460244
Total revenues 2,007,9151,846,4772,218,386
Program costs 1,247,4461,292,7261,519,751
Administrative costs 456,742496,475469,064
Fundraising costs 583,266647,757570,272
Cash flow from operations (279,539)(590,481)(340,701)
Funding reserves 487,050657,6551,098,103

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