Canadian Diabetes Association
Toronto, ON M5G 2R5
President & CEO: Rick Blickstead
Board Chair: Jim Newton
Charitable Reg. #: 11883 0744 RR0001
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.
Program Cost Coverage
Full-time staff #300
Avg. Compensation $71,572
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||4|
|$160k - $200k||4|
|$120k - $160k||2|
|$80k - $120k||0|
|$40k - $80k||0|
About Canadian Diabetes Association:
Founded in 1953, the Canadian Diabetes Association (CDA) works toward a world free from diabetes. Diabetes is a chronic illness marked by unusually high blood sugar levels. In healthy individuals, the body produces a hormone called insulin that acts as the body's natural way of controlling blood sugar levels. People living with diabetes either lack insulin or form insulin that the body cannot use to regulate sugar levels. As a result, sugar accumulates in the bloodstream and is toxic to internal organs, blood vessels and nerves. People living with diabetes cannot naturally access these sugar stores and often suffer from extreme fatigue.
The Canadian Diabetes Association's 2015 Report on Diabetes states that in the past 15 years, the number of Canadians living with diabetes has doubled. There are currently 11 million Canadians living with the disease, which is expected to rise by more than 40% in the next 10 years.
To combat this disease, the CDA funds research projects that investigate both treatments and a possible cure. The charity's 2015 Research Report provides information on the 78 research projects funded by the CDA in 2015. The report also states that research findings from one ofthe CDA's funded research teams has resulted in the development of two new drugs for diabetes treatment.
The CDA also provides direct support to people living with diabetes. The charity runs expos, workshops and webinars for people to gain a better understanding of the disease. Over 30,000 people benefited from the 365 events held in 2015.
D-Camps are another program run by the CDA and provide a place for children with diabetes to connect with each other and learn how to live with the disease. The charity ran 50 D-Camps in 2015, attended by 2400 kids and families.
The Canadian Diabetes Association is a 'Major 100' – one of Canada's 100 largest charities. The charity collected $43.3m in donations and special events fundraising revenuesin F2015. Administrative costs are 18% of revenues and fundraising costs are 25% of donations. The charity's overhead spending falls outside Ci's reasonable range, with $0.43 of every dollar donated going to overhead costs. The Canadian average is $0.26.
The Association has funding reserves of just under $16.7m (9% are donor-endowed). Excluding donor-endowed funds, the charity's reserves cover 55% of annual program costs, emphasizing a need for donations.
The charity changed its year end from August to December in F2014, making F2014 figures based on 16 months. Ci adjusted the Program cost coverage for F2014 to be based on 12 months of programming.
This charity report is an update that is being reviewed by the Canadian Diabetes Association. Changes and edits may be forthcoming.
Updated on July 6, 2016 by Katie Khodawandi.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||18.3%||14.9%||11.6%|
|Fundraising costs as % of donations||24.6%||27.9%||30.3%|
|Program cost coverage (%)||55.2%||55.3%||58.7%|
Summary Financial StatementsAll figures in $000s
|Fees for service||3,363||4,980||3,563|
|Business activities (net)||1,220||1,790||1,410|
|Cash flow from operations||1,805||3,243||1,005|