Zareinu Educational Centre of Metropolitan Toronto

4630 Dufferin Street, Suite 301
Toronto, ON M3H 5S4
Executive Director: Shimon Vinger
Board Chair: Daniel A. Gordon

Website: www.zareinu.org
Charitable Reg. #: 12646 2332 RR0001
Sector: Education
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 #47

Avg. Compensation $46,372

Top 10 Staff Salary Range

$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 F2013

About Zareinu Educational Centre of Metropolitan Toronto:

Zareinu provides individualized therapies and treatments to improve the quality of life for children with disabilities and their families so they may achieve their individual potential. Zareinu offers the unique environment and opportunity to receive an adapted general and Jewish education together with their required therapies and treatments under one roof. Highly trained and experienced staff provide individualized therapies and special education to children with a wide range of physical and developmental challenges from birth to 21 years.

Some of the programs include: Infant Intervention (0 – 2 yrs), Licensed Preschool (2 – 5 yrs), Mild Intellectual Disability Classes (primary grades 1 – 3 and junior / intermediate grades 4 – 8), Moderate Intellectual Disabilities (6 – 12 yrs), Children with Autism grades 1 – 8), Secondary School (14 – 18 yrs), Specialized Community Programs (Project Outreach) and Y.E.D.A. (Youth Evaluation and Development Associates).

Financial Review:

Zareinu received $2.6m in donations in F2013. The administrative costs were 8% of revenues while fundraising costs were 22% of donations. Zareinu has a negative program cost coverage ratio of (24%); funding reserves are ($0.8m) primarily due to mortgages, loans and government remittances payable.

Financial Ratios

Fiscal year ending July
201320122011
Administrative costs as % of revenues 7.6%11.6%9.2%
Fundraising costs as % of donations 22.0%21.6%24.5%
Program cost coverage (%) (23.9%)(13.8%)(5%)

Summary Financial Statements

All figures in $s
201320122011
Donations 2,595,6992,650,9132,950,541
Government funding 324,212379,051525,276
Fees for service 517,800538,607556,012
Lotteries (net) 4,99529,74440,140
Business activities (net) 236,476282,455291,343
Investment income 145440325
Other income 4,2535,70610,165
Total revenues 3,683,5803,886,9164,373,802
Program costs 3,197,1523,181,1052,961,248
Administrative costs 277,925452,317401,423
Fundraising costs 569,961573,058721,287
Other costs 30,00322,08018,075
Cash flow from operations (391,461)(341,644)271,769
Funding reserves (763,401)(437,697)(148,707)

Comments added by the Charity:

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