Ohsweken, ON N0A 1M0
President & CEO: Roberta L. Jamieson
Board Chair: David Gabriel Tuccaro
Charitable Reg. #: 11883 4696 RR0001
Grade: AThe 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 #39
Avg. Compensation $71,840
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||6|
|$40k - $80k||0|
Founded in 1985, Indspire’s goal is to help Canadian Indigenous students’ complete post-secondary education for a successful future. Indigenous people are under-represented in post-secondary education. Only 10% of Indigenous students have completed university, while the national average is 27%. Indspire recognizes that lack of financial support is the root cause of this problem.
Building Brighter Futures (BBF) is Indspire’s largest program, representing 63% of program costs in F2016. BBF is the largest Canadian non-government scholarship and bursary program for Indigenous students. The program granted $12.2 million to 3,792 students in F2016. 1,248 students received funding between 2000 and 2013. 93% of those students graduated from their post-secondary program, and 82% of these graduates are employed.
Indspire also runs the mentorship programs Rivers to Success and Peer Support for indigenous students. Rivers to Success matches mentors with careers in the student’s field of study to help students with the school-to-work transition. Indspire is expanding the program by 2017 to support and encourage high school students to graduate and pursue post-secondary education. Rivers to Success matched 52 mentors with students in 2015. Peer Support pairs students with teachers based on the subjects they teach. There were 245 participants in 2016.
The K-12 Indspire Institute is an online educational tool for teachers, students, and parents of the Indigenous community. K-12 Indspire Institute costs made up 17% of program costs in F2016. Membership grew by 22% in F2016, from 2,340 to 4,193 members.
Soaring is Indspire's Indigenous Youth Career Conference program. This program educates high school students about possible career and post-secondary education options. Soaring made up 4% of program costs in F2016. Indspire reports that 1,202 students attended the two conferences held during 2016 in Vancouver and London.
Indspire is a Big-cap charity with total donations and goods-in-kind revenues of $8.7m in F2016. Administrative costs are 11% of revenues and fundraising costs are 13% of donations, excluding goods-in-kind. For every dollar donated, 76 cents go towards the cause, Indspire’s programs, which falls within Ci's reasonable range. The charity holds funding reserves of $27.2m, of which $23.4m are donor endowed. Excluding donor-endowed funds, Indspire’s reserves can only cover 22% of annual program costs, showing a funding need.
This charity report is an update that is currently being reviewed by Indspire. Changes and edits may be forthcoming.
Updated on May 12, 2017 by Kevin Silberberg
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||10.6%||7.2%||8.6%|
|Fundraising costs as % of donations||13.0%||14.6%||17.7%|
|Program cost coverage (%)||147.8%||151.2%||178.8%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||157||360||95|
|Business activities (net)||525||525||700|
|Cash flow from operations||(4,309)||553||451|