Gatineau Health Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
C
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
42%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 42 cents are available for programs.
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OVERVIEW
About Gatineau Health Foundation:
Gatineau Health Foundation is a 1-star charity. It has a C Results Reporting grade, which is below average. For every dollar donated to the charity, 42 cents are available to go to the cause, which is outside Ci's reasonable range. The charity's reserves can cover its program costs for over 11 years. Read Ci's report before donating.
Founded in 1984, Gatineau Health Foundation (GHF) raises money to support the Outaouais Integrated Health and Social Services Center (CISSS), a hospital and social service provider in the region of Outaouais. The foundation hopes to improve the quality of health care that patients receive. The charity is Outaouais’ largest health and social services charity. In F2023, the foundation granted $1.2m to the hospital. Funds collected are used to purchase medical equipment, support prevention programs, and fund investment projects. In F2023, the charity allocated 72% ($892k) of grant spending to hospitals, 13% ($157k) to youth and social services, 10% ($121k) to rehabilitation and autonomy, 4% ($51k) to cancer and research, and 1% ($16k) to mental health and addiction.
Gatineau Health Foundation purchased six polysomnography machines that are used in assessing sleep apnea. GHF also purchased two automated blood sample analyzers, which allow samples to be processed simultaneously. The charity states that each year the laboratories at CISSS perform over 70,000 procedures on blood products. GHF purchased Pacvision, a machine that helps pharmacists save time with pill recognition. The charity states that the Gatineau and Hull hospital pharmacies serve more than 200 patients a day, which requires the verification of over 2,100 units of medication.
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Results and Impact
Gatineau Health Foundation stated that the six polysomnography machines will allow the hospital to complete over 2,000 additional sleep apnea studies. GHF reports that the wait list for a sleep study in Outaouais has over 4,000 patients.
While Ci highlights these key results, they may not be a complete representation of Gatineau Health Foundation's results and impact.
This charity is not yet rated on impact (n/r).
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Finances
Gatineau Health Foundation received $2.7m in donations and special events in F2023. GHF spent $1.2m on its grants, which is 42% of revenue. In F2023, the charity recorded a surplus of $116k (4% of revenue) and spent $157k on capital expenditures.
Administrative costs are 27% of revenue (excluding investment income) and fundraising costs are 31% of donations. For every dollar donated to the charity, 42 cents are available to go to the cause, which is well outside Ci’s reasonable range for overhead spending.
GHF has $13.6m in reserve funds, which can cover 1101%, or 11 years of its annual program spending.
GHF’s $10.5m in investments returned -$155k, at a rate of -1%. Over the past three years, the charity’s investments have averaged a return of 2%.
The charity’s audited financial statements do not disclose the income received from the lottery; however, it did disclose the amount spent. Ci used the charity’s T3010 filing to estimate lottery proceeds. GHF spent $326k on its lottery.
In F2023, the charity changed its auditors from GrantThornton to Bakertilly.
This report is an update that has been sent to Gatineau Health Foundation. Changes and edits may be forthcoming.
Updated on June 10, 2024 by Liam Chapleau
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 27.1% | 23.3% | 8.4% |
Fundraising costs as % of donations | 30.6% | 29.7% | 15.4% |
Total overhead spending | 57.7% | 53.1% | 23.8% |
Program cost coverage (%) | 1,101.1% | 1,167.9% | 645.7% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 1,911,660 | 2,220,029 | 1,519,940 |
Government funding | 0 | 206,800 | 4,766 |
Lotteries (net) | (155,295) | 515,906 | 123,046 |
Business activities (net) | 167,142 | 187,705 | 1,112,057 |
Special events | 774,054 | 0 | 428,286 |
Investment income | 238,865 | 543,587 | 1,674,531 |
Other income | 47,974 | (138,028) | 69,316 |
Total revenues | 2,984,400 | 3,535,999 | 4,931,942 |
Grants | 1,237,149 | 1,116,128 | 1,940,038 |
Administrative costs | 742,750 | 698,291 | 273,361 |
Fundraising costs | 822,876 | 659,731 | 299,461 |
Other costs | 36,543 | 81,474 | 0 |
Total spending | 2,839,318 | 2,555,624 | 2,512,860 |
Cash flow from operations | 145,082 | 980,375 | 2,419,082 |
Capital spending | 157,301 | 40,692 | 1,475,830 |
Funding reserves | 13,622,477 | 13,034,906 | 12,526,029 |
Note: 1. DEFERRED REVENUE: Ci accounted for deferred revenue, affecting revenue by $372k in F2023, $502k in F2022, and $927k in F2021. 2. LOTTERY: Ci included lottery costs within revenue, affecting revenue and expenses by ($326k) in F2023, ($195k) in F2022, and ($161k) in F2021. Ci used the charity’s T3010 to report lottery revenue, which was $171k in F2023, $711k in F2022, and $284k in F2021. 3. SPECIAL EVENT FUNDRAISING: Ci used the charity’s T3010 to report special event fundraising and removed the amount from Canadian donations. 4. AMORTIZATION: Ci removed amortization from business activities, per the charity’s audited financial statements, affecting revenue by ($37k) in F2023, ($31k) in F2022, and ($31k) in F2021. The rest of the amortization was removed from fundraising and administrative costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
2 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 819-966-6108