Renascent Fellowship

38 Isabella Street
Toronto, ON M4Y 1N1
CEO: Dr. Patrick Smith
Board Chair: Rob Johnson

Charitable Reg. #: 11911 5426 RR0001
Sector: Social Services - Addiction Recovery
Operating Charity

Charity Rating

Not yet rated

Donor Accountability

Grade: NR

Charity not yet rated on the 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

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #52

Avg. Compensation $63,372

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 4
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2013

About Renascent Fellowship:

Renascent has been helping those suffering from alcoholism and drug addiction since 1970.  If offers separate, short-term intensive treatment centres in the Greater Toronto Area for men and women as well as recovery programs for clients living in Halifax, Vancouver, Calgary, Montreal and anywhere else in Canada to participate in Renascent's aftercare.

In 2013, Renascent helped 1,273 people to recover from addiction with a 72% sobriety success rate for those who completed its 12-step program. These are outstanding results.

The Children's Program was launched in February 2011 to support children of addicts. Addiction runs in families. This Children's Program aims to prevent children from following in their parents' footsteps and also provides key coping skills to remain mentally healthy living with an addict.

Financial Review:

F2013 administrative costs were 7% of total revenues and fundraising costs were 36% of donations and special event revenue.  Funding reserves are negative due to $2.3m in mortgages payable.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 7.2%7.3%
Fundraising costs as % of donations 36.4%27.9%
Program cost coverage (%) (19.9%)(28.6%)

Summary Financial Statements

All figures in $000s
Donations 1,1091,289
Government funding 3,1002,679
Fees for service 1,5351,693
Business activities (net) 080
Special events 315255
Other income 1061
Total revenues 6,0706,058
Program costs 4,8524,471
Administrative costs 439442
Fundraising costs 519430
Cash flow from operations 260714
Funding reserves (968)(1,281)
Note: Due to the intertwined nature of Renascent Fellowship and Renascent Foundation Ci has consolidated the financial numbers for these two legal organizations.

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