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Canadian Tire Jumpstart

2180 Yonge Street
Toronto, ON M4P 2V8
President & CEO: Scott Fraser
Board Chair: John Furlong

Website: www.jumpstart.canadiantire.ca
Charitable Reg. #: 13792 9451 RR0002
Sector: Social Services - Youth
Private Foundation

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

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 for current and previous years available on the charity's website [ 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¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #20

Avg. Compensation $73,488

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 2
$80k - $120k 3
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Canadian Tire Jumpstart:

Launched in 2005, Canadian Tire Jumpstart (Jumpstart) helps poor kids access organized sports and other active programs. Kids between 4 and 18 from low-income families can receive up to $600 to cover registration fees, equipment costs, or transportation.

In F2017, Jumpstart helped 284,059 kids, more than any other previous year. The greatest number of kids helped were in Ontario with 111,623, followed by Alberta with 90,228. Jumpstart distributed an average of $72 to each kid helped. The highest average grant per kid was in Northwest Territories with $186, and the lowest was Alberta with $40.

In February 2017, Canadian Tire Jumpstart hosted the second Jumpstart Games for Girls which encourages girls to stay involved in sports. More than 350 girls joined female Olympians, including Hayley Wickenheiser, in games and leadership activities.

Canadian Tire Jumpstart has recently started the Inclusive Playground Project. Jumpstart will be providing $50m in grants over the next 5 years to create playgrounds that are accessible to kids with disabilities. Jumpstart aims to fund at least 1 accessible playground per province/territory.

Results and Impact: Jumpstart reports that being part of a team teaches kids life skills like courage, confidence, and resilience.  

Financial Review:

Canadian Tire Jumpstart is a Major 100 charity, with donations of $23.6m in F2017. Administrative costs are 9% of revenues and fundraising costs are 10% of donations. For every $1 donated, 81 cents go to the cause, falling within Ci’s reasonable range.

Charity Intelligence omitted donations received from Canadian Tire Corporation (CTC) when calculating the fundraising ratio as we did not include the associated costs. The charity notes that fundraising costs for CTC were $2.8m in F2017 (12% of donations) and $1.8m in F2016 (9% of donations). The audited financials also do not include additional advertising, benefits, travel and office space costs of $540k in F2017, $1.4m in F2016, and $2.0m in F2015 provided by Canadian Tire Corporation.

Jumpstart has $2.0m in funding reserves, of which $883k is donor-endowed. Excluding donor-endowed funds, reserves can cover program costs for less than 1 month. This indicates a need for funding.

The charity report is an update that has been sent to Canadian Tire Jumpstart for review. Changes and edits may be forthcoming

Updated on June 18, 2018 by Madison Kerr.

Financial Ratios

Fiscal year ending December
201720162015
Administrative costs as % of revenues 8.7%5.9%5.2%
Fundraising costs as % of donations 9.9%24.7%20.7%
Program cost coverage (%) 9.3%14.8%7.2%

Summary Financial Statements

All figures in $000s
201720162015
Donations 23,63321,25921,274
Government funding 5761,2971,805
Investment income 172137
Other income 39420
Total revenues 24,23022,67023,136
Program costs 21,89420,99420,820
Grants 5712033
Administrative costs 2,1051,3411,211
Fundraising costs 154336319
Cash flow from operations 19(122)753
Funding reserves 2,0343,1281,504
Note: Ci adjusted for changes in HST receivable, increasing revenues by $3k in F2017, $94k in F2016, and $20k in F2015. Fundraising costs consist of direct costs and expenses for revenue as reported in the audited financial statements.

Comments added by the Charity:

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