Pentecostal Assemblies of Canada

2450 Milltower Court
Mississauga, ON L5N 5Z6
General Superintendent: Rev. David Wells
Assistant Superintendent: Rev. David Hazzard

Website: www.paoc.org
Charitable Reg. #: 10783 3295 RR0374
Sector: Religion
Operating Charity

Social Results Reporting

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Most recent audited financial statements 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 #204

Avg. Compensation $44,346

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 9
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Pentecostal Assemblies of Canada:

Founded in 1919, The Pentecostal Assemblies of Canada's (PAOC) mission is "To glorify God by making disciples everywhere by proclaiming and practising the gospel of Jesus Christ in the power of the Holy Spirit."

PAOC's Fellowship Services helps more than 1,100 churches and 275 missionaries execute their mandates in Canada and around the world.

Mission Canada is the national mission arm of PAOC. It works with districts and churches on five key missional priorities: Cultural Language Groups, Quebec and Francophone Canada, Next Generation, Aboriginal Canadians and Urban Centres.

The Pentecostal Assemblies of Canada's International Missions works with individuals and churches to fulfill Christ's mission around the world. It serves in 59 countries, spanning Africa, Eurasia, Latin America and Southeast Asia. It trains national leaders, with 3,000 students in affiliated Bible colleges and 15,000 students in extension programs.

PAOC's Emergency Relief & Development Overseas program aims to provide assistance to people and communities in four areas: crisis response, food assistance, child sponsorship, and community development. In 2013, 7,000 children were sponsored through ChildCARE Plus. Further, $800,000 was used to aid victims of Typhoon Haiyan in the Philippines.

Financial Review:

The Pentecostal Assemblies of Canada is a Major 100 charity, with donations of $19.4m in F2015. Its administrative costs are 12% of revenues and its fundraising costs are 3% of donations. For every $1 donated to the charity, 85 cents is put towards its programs, falling within Ci's reasonable range. The charity has funding reserves of ($1.2m), due to ($2.3m) in loans payable due to private individuals or private organizations. PAOC also has $9.1m in outstanding demand loans receivable.

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

Updated on June 2, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending December
201520142013
Administrative costs as % of revenues 12.3%12.6%11.7%
Fundraising costs as % of donations 2.8%2.7%1.1%
Program cost coverage (%) (6.1%)(7.6%)(12.7%)

Summary Financial Statements

All figures in $000s
201520142013
Donations 19,42418,97520,557
Fees for service 2,0462,3541,809
Investment income 1,6251,4411,980
Total revenues 23,09422,77024,345
Program costs - International 16,77916,13215,037
Program costs - Canada 1,9421,7841,507
Grants 1,062668262
Administrative costs 2,6322,6822,606
Fundraising costs 540510217
Other costs 479444404
Cash flow from operations (340)5504,314
Funding reserves (1,214)(1,415)(2,134)
Note: Ci has consolidated the Non-Consolidated Statement of Operating Fund Activities and the Non-Consolidated Statement of Trust Fund and Property Fund Activities. Ci has adjusted unrealized gains and losses, and actuarial adjustment on annuities affecting revenues by ($113k) in F2015, by ($329k) in F2014, and by ($180k) in F2013. Ci has adjusted amortization and write-off annuity loans affecting expenses by ($85k) in F2015, by ($159k) in F2014, and by ($459k) in F2013.

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