Heart and Stroke Foundation of New Brunswick
Saint John, NB E2L 2B5
CEO: Kurtis Sisk
Board President: Fred Welsford
Charitable Reg. #: 11924 6940 RR0001
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #19
Avg. Compensation $53,139
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||2|
|$40k - $80k||7|
About Heart and Stroke Foundation of New Brunswick:
The Heart and Stroke Foundation of New Brunswick (HSNB) works to reduce the impact of heart disease and stroke through the advocacy, the advancement of research, and the promotion of healthy living. It is the only provincial division of the Heart and Stroke Foundation that remains separate from the national organization. Over the past 34 years, HSNB has allocated over $24m to various research and health promotion initiatives, for the benefit of all New Brunswickers.
Advocacy at the HSNB takes place on many levels, from working with healthcare professionals to encourage them to use and study new aspects of heart and brain healthcare, to working with organizations in promoting healthy lifestyles. In recent years, HSNB has funded a range of 12 research projects contributing to enhanced treatment of heart disease and stroke. Lastly, recognizing prevention and healthy lifestyles as the key to reducing the impact of heart disease and stroke, HSNB offers programs like Jump Rope for Heart and Hearts in Motion walking program.
In F2014, HSNB's administrative costs were 7% of revenues, while fundraising costs were 39% of donations. HSNB has funding reserves of $1.6m, which cover 83% of annual program costs.
This charity report is an update that is being reviewed by HSNB. Changes and edits may be forthcoming.
Updated on August 24, 2015 by Rohan Bhargava
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||7.2%||6.1%||6.4%|
|Fundraising costs as % of donations||38.9%||30.9%||29.9%|
|Program cost coverage (%)||83.2%||70.4%||78.1%|
Summary Financial StatementsAll figures in $s
|Cash flow from operations||(331,893)||(29,808)||(216,391)|