The Learning Partnership

45 Sheppard Ave. East, Suite 400
Toronto, ON M2N 5W9
President & CEO: Akela Peoples
Board Chair: Kenneth Fredeen

Website: www.thelearningpartnership.ca
Charitable Reg. #: 14075 6107 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 upon request [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #32

Avg. Compensation $83,026

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 0
$80k - $120k 2
$40k - $80k 7
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About The Learning Partnership:

Founded in 1993, The Learning Partnership (TLP) is dedicated to advancing the public education system in Canada. Its goal is to build lasting bridges between the education and business communities. Through these collaborations, TLP aims to enable students for personal and academic excellence along with success in the workplace. To achieve this goal, TLP brings together business, government, school boards, teachers, parents, labour and community organizations across Canada.

TLP believes that the growing mismatch between 'people without jobs' and 'jobs without people' can be stymied when the public education system and workforce leaders address this issue together. It offers innovative programs for students and executive leadership opportunities for educators. Through its programs, it also allows collaboration between businesses and education. Its program on policy and knowledge mobilization allows for driving thought leadership in the public education system. Since 1993, over 5.7 million students have participated in TLP's programs. It engaged 18,700 teachers and 394,000 students through its programs. Through the Partnership Summit held in F2014, TLP engaged 45 Canadian business CEOs and 165 leaders from business, education and government. It gave leadership training to 188 senior educators across Canada.

Financial Review:

In F2014, TLP`s total revenues decreased to $4.6m from $6.1m in F2013. Its program costs were stable at $4.1m. Administrative and fundraising costs rose to 47% of revenues as compared to 26% in F2013. Funding reserves of $11.5m covered program costs 2.8 times.

Updated June 12, 2015 by Mikhil Mahore.

Financial Ratios

Fiscal year ending June
201420132012
Fundraising & admin costs as % of revenues 46.8%26.3%22.0%
Program cost coverage (%) 277.3%338.6%317.0%

Summary Financial Statements

All figures in $s
201420132012
Donations 2,601,7663,886,2544,485,445
Fees for service 1,060,6581,391,6101,935,660
Special events 645,004636,491766,111
Investment income 229,229223,717224,815
Other income 35,11300
Total revenues 4,571,7706,138,0727,412,031
Program costs 4,137,1783,964,2344,053,146
Fundraising & administrative costs 2,030,9951,554,1781,582,625
Cash flow from operations (1,596,403)619,6601,776,260
Funding reserves 11,473,22913,424,55312,847,703
Note: CI adjusted donations for deferred revenues by ($1.4m) in F2014, ($0.5m) in F2013 and ($0.2m) in F2012.

Comments added by the Charity:

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