Food Depot Alimentaire

330 MacNaughton Avenue
Moncton, NB E1H 2K1
President: Dale Hicks
Vice President: Carla Ayles

Charitable Reg. #: 12919 1250 RR0001
Sector: Social Services - Food Bank (Distributor)
Operating Charity

Social Results Reporting

Grade: B

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 ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #4

Avg. Compensation $31,395

Top 10 Staff Salary Range

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

About Food Depot Alimentaire:

Food Depot Alimentaire (FDA) was previously known as the Moncton Food Bank. It changed the name to better define its work as  a distribution centre that services other food banks, community kitchens and agencies.  It often receives large donations that food banks and community kitchens are just not set up to receive. For example, it has industrial-size freezers, proper refrigeration and loading docks to store and distribute food.  Its distribution centre can store nearly 400 pallets of food – with each of those pallets feeding 15-20 families. In 2013, FDA  supplied food banks and soup kitchens with over 2.5 million pounds of food.  The numbers of meals served were over 1,100,000 helping over 30,000 families; including over 62,000 and 38,000 children under the age of 18.

Financial Review:

FDA has administrative costs at 0.5% of revenues (including the value of donated food) while fundraising costs are 17% of donations. FDA has funding reserves of $86k ($3k is donor-endowed), which are sufficient to meet 30% of annual program costs (excluding the value of donated food).

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 0.5%0.5%0.3%
Fundraising costs as % of donations 17.2%1.0%0.9%
Program cost coverage (%) 30.4%23.6%26.8%

Summary Financial Statements

All figures in $000s
Donations 428246222
Goods in kind 4,8415,0574,984
Government funding 54126141
Lotteries (net) (5)00
Business activities (net) 433934
Other income 300
Total revenues 5,3635,4685,381
Program costs 5,1235,3105,274
Administrative costs 282815
Fundraising costs 7422
Cash flow from operations 13812889
Funding reserves 866078
Note: Ci has netted the revenues from the 50/50 draw. This resulted in decrease of revenues by $35k in F2013 and decrease in expenses in F2013 by $35k.

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