Grand Défi Pierre Lavoie

540 rue d'Avaugour, Suite 1300
Boucherville, QC J4B 0G6
CEO: Germain Thibault
Vice-President: Pierre Lavoie

Charitable Reg. #: 84846 6298 RR0001
Sector: Health
Operating Charity

Donor Accountability

Grade: C-

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 available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #10

Avg. Compensation $56,716

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 1
$40k - $80k 7
< $40k 2
Information from most recent CRA Charities Directorate filings for F2012

About Grand Défi Pierre Lavoie:

Founded in 1999, Go le grand Défi, also known as the Grand défi Pierre Lavoie (GDPL) is an organization that aims to encourage young people to adopt healthy lifestyles. In 1999, Pierre Lavoie cycled alone over 650km through the Saguenay-Lac-Saint-Jean region of Quebec in 24 hours to raise awareness about lactic acidosis, the illness that took two of his children away from him. Since then, the GDPL has expanded its scope to become a broader health movement. GDPL’s activities now include a range of programs like “Get Up and Move!”  and “Sharpen Your Grey Matter!” which both encourage elementary school students to be healthy and active.  GDPL’s main event is “Le 1000 km”, a 1000 km bike ride led by Pierre Lavoie from the Saguenay region of Quebec to Montreal, which raises funds to support these programs, as well as to raise awareness for healthy, active lifestyles.

Financial Review:

In F2012, GDPL’s administrative costs were 7% of revenues, while fundraising costs were 20% of donations and special events fundraising. GDPL has funding reserves of $3.4m, which cover 87% of annual program costs and grants.

Ci classified expenses associated with “Le 1000 km” as fundraising expenses while GDPL does not. While the ride does raise awareness for the cause of GDPL, it raises funds for other programs run by GDPL, and thus is a fundraising event.

Financial Ratios

Fiscal year ending July
Administrative costs as % of revenues 6.9%9.2%8.8%
Fundraising costs as % of donations 19.9%25.0%14.6%
Program cost coverage (%) 87.4%89.9%96.7%

Summary Financial Statements

All figures in $000s
Donations 3,8192,6314,008
Government funding 800500300
Business activities (net) 432730
Special events 2,6142,1931,551
Investment income 363412
Other income 480
Total revenues 7,3175,3925,901
Program costs 2,3662,1001,332
Grants 1,5461,199921
Administrative costs 505494521
Fundraising costs 1,2831,207811
Other costs 00120
Cash flow from operations 1,6163922,197
Funding reserves 3,4192,9672,178
Note: Ci adjusted program and administrative expenses for non-cash items, including amortization, loss on sale of assets, and decrease in value of assets, by ($557k) in F2012, ($464k) in F2011 and ($278k) in F2010. Ci also recognized deferred contributions in the year they were received, adjusting donations by ($15k) in F2012, ($840k) in F2011 and $1,334k in F2010.

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