Mazon Canada
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.
A-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
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.
59%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 59 cents are available for programs.
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OVERVIEW
About Mazon Canada:
Mazon Canada is a 4-star charity with an above-average results reporting grade of A-. For every dollar donated, 59 cents are available to go towards the cause. Its reserve funds can cover two years and two months of annual granting.
Founded in 1987, Mazon Canada (Mazon) supports Jewish and non-Jewish food projects across Canada. Mazon awards grants to organizations that are small and in need, operate in rural communities, support vulnerable populations, and are working towards ending food insecurity in Canada. In 2023, Mazon spent $1.2m on its programs and grants. Direct program costs (9%) include salaries and educational outreach. Most of the spending (91%) was on grants.
In 2023, Mazon Canada granted $1.1m to 283 partners in 101 towns and cities. Mazon Canada awards grants in six main categories: Grocery, Garden, Emergency, Gear, Advocacy, and Innovative. Grocery Grants are the most urgent and largest aspect of Mazon’s work. These grants are awarded to organizations buying food directly for people in need. In 2023, Mazon spent $961k on its Grocery Grants. Mazon also granted $69k of Garden Grants to help ten community partners grow over 7,000 lb of food. In 2023, Mazon Canada’s granting provided over 365,000 meals. 48% of the grantees served were children, youth and families, 22% were homeless or marginally-housed people, 16% were people with disabilities, and 11% were Indigenous Peoples.
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Results and Impact
Mazon Canada reports that in 2023 76% of its partners have programming that is meaningfully guided by client input compared to 71% in 2022.
In 2021, Mazon Canada launched a multi-year granting stream. Enrollment was based on the strength of pre-existing relationships with longstanding partner programs. The multi-year grants provide guaranteed funding for multiple years for these organizations. As of 2023, there are 75 organizations in the multiyear program. Mazon states that the average time to apply for a Grocery Grant is 3.5 hours. This number multiplied by the 75 organizations who no longer have to complete this application equals 32 work days saved by the multi-year grant recipients every year. This time can instead be spent on the organizations’ programs and charitable activities.
While Ci highlights these key results, they may not be a complete representation of Mazon Canada’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
In 2023, Mazon Canada received $995k in donations, down 71% from $3.4m received in 2022. In 2023, Mazon had investment income of $98k representing 9% of total revenues. Administrative costs are 26% and fundraising costs are 15%. For every dollar donated, 59 cents are available to go towards the cause. This is outside of Ci’s reasonable range for overhead spending. In 2023, Mazon spent $1.2m on its programs and granting which represents 110% of total revenues.
In 2023, Mazon had reserve funds (cash and investments) of $2.6m. Mazon’s current reserves can cover two years and two months of annual program costs.
Profile updated on August 28, 2024 by Abby Stout.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 25.8% | 3.7% | 13.9% |
| Fundraising costs as % of donations | 14.7% | 3.5% | 13.0% |
| Total overhead spending | 40.5% | 7.2% | 26.9% |
| Program cost coverage (%) | 213.8% | 270.8% | 129.3% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 995,468 | 3,385,300 | 1,037,916 |
| Government funding | 9,389 | 8,914 | 0 |
| Investment income | 98,374 | 16,715 | 2,739 |
| Total revenues | 1,103,231 | 3,410,929 | 1,040,655 |
| Program costs | 108,007 | 71,711 | 50,914 |
| Grants | 1,106,325 | 1,070,819 | 781,142 |
| Administrative costs | 259,253 | 127,077 | 144,155 |
| Fundraising costs | 146,657 | 117,507 | 134,772 |
| Total spending | 1,620,242 | 1,387,114 | 1,110,983 |
| Cash flow from operations | (517,011) | 2,023,815 | (70,328) |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 2,596,537 | 3,094,127 | 1,075,483 |
Note: INVESTMENT INCOME: In 2023 and 2022, Mazon reported investment income below the line. Ci included this in investment income affecting total revenues by $98k in 2023 and $17k in 2022. DEFERRED PROVINCIAL GRANT: To report on a cash basis, Ci adjusted for the deferred provincial grant. This affected total revenues by $nil in 2023, ($24k) in 2022, and $24k in 2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
2 |
< $40k |
2 |
Information from most recent CRA Charities Directorate filings for F2022
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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: 416-783-7554