Ronald McDonald House Saskatchewan
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.
B-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
70%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 70 cents are available for programs.
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OVERVIEW
About Ronald McDonald House Saskatchewan:
Ronald McDonald House Saskatchewan is a 1-star charity. It has a below-average results reporting grade and large funding reserves. The charity has low demonstrated impact, although its overhead costs are within Ci's reasonable range. Before you give, read Charity Intelligence’s report.
Founded in 1983, Ronald McDonald House Saskatchewan (RMHS) offers temporary housing to families of sick children who must travel to receive medical care at hospitals in Saskatoon. It is formally known as Friends of Saskatchewan Children Inc. and opened its House in 1985. RMHS runs one of the 15 Ronald McDonald Houses across Canada. The House is within walking distance of Royal University Hospital and Saskatoon Cancer Clinic. It also accommodates families of children getting treatment at Saskatoon City Hospital, St. Paul’s Hospital, and Kinsmen Children’s Centre.
In F2021, Ronald McDonald House Saskatchewan spent $1.7m on its programs: $1.5 million on the House, and $113k on the Family Room located in Prince Albert Victoria Hospital.
The House, which was 93% of program costs in F2021, is 42,000 square feet and contains 34 rooms for families. The charity asks families to pay $10 per night to stay at the House. The House is for immediate family members of children aged 18 or younger who are receiving medical treatment in Saskatoon but live outside Saskatoon. There is no limit to how long a family can stay at the House. RMHS runs multiple programs for families at the House, including the Home for Dinner program, Breakfast program, Bingo and Games Night, and a Kids Care program.
The Family Room, which was 7% of program costs in F2021, is 1,300 square feet of living space for families of sick children receiving treatment at Victoria Hospital in Prince Albert. It is open seven days a week, from 9 am to 9 pm. RMHS runs this program in partnership with Prince Albert Parkland Health Region.
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Results and Impact
Ronald McDonald House Saskatchewan has housed 25,868 families and served 11,330 family lunches since its inception. In F2021, the charity served 1,456 sandwiches or lunch bags.
While Ci highlights these key results, they may not be a complete representation of Ronald McDonald House Saskatchewan’s results and impact.
Charity Intelligence has given Ronald McDonald House Saskatchewan a Low impact rating for demonstrated impact per dollar.
Impact Rating: Low
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Finances
Ronald McDonald House Saskatchewan received $2.1m in donations and special events fundraising in F2021. Administrative costs are 14% of revenues (excluding investment income) and fundraising costs are 16% of donations and special events fundraising. For every dollar donated, 70 cents go to the cause. This is within of Ci’s reasonable range for overhead spending.
Ronald McDonald House Saskatchewan has $9.7m in funding reserves. These funds can cover annual program costs at current levels for 5.9 years.
This report is an update that has been sent to Ronald McDonald House Saskatchewan for review. Comments and edits may be forthcoming.
Updated on August 19, 2022 by Lin Zhu.
Financial Review
Fiscal year ending December
|
2021 | 2020 | 2019 |
---|---|---|---|
Administrative costs as % of revenues | 14.4% | 11.3% | 8.0% |
Fundraising costs as % of donations | 15.7% | 14.3% | 13.3% |
Total overhead spending | 30.1% | 25.6% | 21.2% |
Program cost coverage (%) | 585.6% | 642.5% | 643.5% |
Summary Financial StatementsAll figures in $s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 1,594,509 | 1,411,258 | 2,538,369 |
Government funding | 290,226 | 379,292 | 0 |
Fees for service | 66,670 | 50,140 | 111,030 |
Special events | 542,469 | 530,900 | 505,970 |
Investment income | 661,588 | 471,431 | 670,675 |
Total revenues | 3,155,462 | 2,843,021 | 3,826,044 |
Program costs | 1,656,293 | 1,446,238 | 1,311,514 |
Administrative costs | 359,413 | 268,736 | 250,900 |
Fundraising costs | 334,909 | 277,441 | 403,269 |
Total spending | 2,350,615 | 1,992,415 | 1,965,683 |
Cash flow from operations | 804,847 | 850,606 | 1,860,361 |
Capital spending | 571,993 | 40,071 | 146,839 |
Funding reserves | 9,700,047 | 9,291,979 | 8,439,386 |
Note: Ci included unrealized gains net of management fees in the calculation of investment income. Ci backed out amortization from program, administrative, and fundraising expenses on a pro-rated basis, decreasing total expenses by $485k in F2021, $507k in F2020, and $544k in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
2 |
$40k - $80k |
7 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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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: 306-244-5700