Fondation 24H Tremblant

1000, Chemin des Voyageurs
Mont-Tremblant, QC J8E 1T1
Executive Producer: Simon St-Arnaud
Board President: Patrice Malo

Charitable Reg. #: 81894 7699 RR0001
Sector: Social Services - Youth
Public Foundation

Donor Accountability

Grade: C

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

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

About Fondation 24H Tremblant:

The Tremblant 24h Foundation (T24H) was started in 2001 to organize large-scale sporting events, in the Mont-Tremblant region, that raise funds that are donated to non-profit organizations that support sick and underprivileged children. Through its beneficiaries, T24H supports medical research into children’s diseases, physical activity and well-being programs.

The main event is the annual 24-hour ski competition at Mont-Tremblant. In 2008 a 24-hour relay walk and run was added. Participant teams compete while raising funds for the charity.

In F2014, the main beneficiaries of funding from T24H were the Charles-Bruneau Cancer Centre Foundation (51% of total funding), the Ottawa Senators Foundation (20%) and the Tremblant Foundation (13%), with the remaining funds going to Go Le Grand Défi (5%), CHU Ste-Justine Foundation (5%), Martin Matte Foundation (5%) and the Cedars Cancer Institute (1%).

The charity reported that it did not incur expenses for compensation of employees during F2014.

Financial Review:

Administrative costs were 5% of revenues and fundraising costs for the events were 48% of special event revenues in F2014.  Funding reserves of $477k cover 30% of annual program costs.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 5.0%5.7%
Fundraising costs as % of donations 48.4%42.2%
Program cost coverage (%) 30.2%45.4%

Summary Financial Statements

All figures in $s
Special events 3,614,4813,410,370
Investment income 4,7371,203
Other income 19,17614,862
Total revenues 3,638,3943,426,435
Grants 1,581,0691,592,293
Administrative costs 183,093196,019
Fundraising costs 1,748,8651,438,949
Cash flow from operations 125,367199,174
Funding reserves 477,317723,367

Comments added by the Charity:

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