Food Depot Alimentaire

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

Website: www.fooddepot.ca
Charitable Reg. #: 12919 1250 RR0001
Sector: Social Services - Food Bank (Distributor)
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

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2012 2013 2014
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #15

Avg. Compensation $10,027

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 5
Information from most recent CRA Charities Directorate filings for F2014

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 more than 30 agencies including food banks, community soup kitchens, supportive organizations and school lunch/after-school programs in southeastern New Brunswick. Its primary functions include food storage, distribution, fundraising, food collection and advocacy.

Food Depot Alimentaire runs a 12,000 square-foot warehouse that processes over 2.5 million pounds of dry, fresh and frozen products annually. It reports that the food corresponds to 1.1 million meals to over 30,000 families. Out of the 30,000 families, they report a little over 40,000 individuals were adults and 18,000 were children under the age of 18.

It opened the Peter McKee Center in Moncton which combines 3 community food banks under one building. This centre assists over 1,500 families in moving towards independence and self-sustainability through a variety of services and programs. These include a food bank, an on-site clothing thrift store, a community garden, community rooms and educational programming.  

Financial Review:

Food Depot Alimentaire is considered a medium-sized charity with monetary and goods-in-kind donations of $5.9m in F2014. Administrative costs are 1.4% of total revenues and fundraising costs are 25% of monetary donations. For every dollar given to the charity, 74 cents goes to the cause, falling within Ci’s reasonable range. Its funding reserves are $161k which can cover 50% of annual program costs, or 6 months of program expenditures.

This charity report is an update that is being reviewed by Food Depot Alimentaire. Changes and edits may be forthcoming.

NOTE: Food Depot Alimentaire does not provide audited financial statements. The statements uploaded to our website are a Notice to Reader.

Updated on June 15, 2017, by Josh Lam.

Financial Ratios

Fiscal year ending June
201420132012
Administrative costs as % of revenues 1.4%1.3%0.6%
Fundraising costs as % of donations 25.0%20.1%1.3%
Program cost coverage (%) 50.1%35.7%24.0%

Summary Financial Statements

All figures in $000s
201420132012
Donations 336366191
Goods in kind 5,5224,8415,057
Government funding 6754126
Lotteries (net) 77(5)0
Business activities (net) 834339
Other income 072
Total revenues 6,0865,3055,415
Program costs 5,8445,0825,305
Administrative costs 846932
Fundraising costs 84742
Cash flow from operations 748076
Funding reserves 1618660
Note: Ci has netted the revenues from the 50/50 draw. This resulted in a decrease of revenues and expenses by $142k in F2014 and $35k in F2013. Ci also excluded the amortization of deferred capital contributions in the revenue, affecting it by ($47k) in F2014, ($58k) in F2013 and ($53k) in F2012. Administrative costs were calculated using data from the charity's T3010A filing.  

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