Mother Teresa Middle School

1975 2nd Avenue North
Regina, SK S4R 0Y1
Executive Director: Curtis Kleisinger
Board Chair: Paul Hill

Website: www.mtmschoolregina.com
Charitable Reg. #: 82119 3604 RR0001
Sector: Education
Operating Charity

Social Results Reporting

Grade: A

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 #10

Avg. Compensation $76,673

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 3
$40k - $80k 5
< $40k 1
Information from most recent CRA Charities Directorate filings for F2014

About Mother Teresa Middle School:

Mother Teresa Middle School (MTMS) was incorporated and designated an independent school in Saskatchewan in 2010. It aims to provide an enhanced holistic, Saskatchewan Ministry approved, faith-based middle school education to highly motivated, marginalized students in grades 6 through 8 who live in inner-city Regina.

MTMA seeks to create, "Men and Women for Others" using Jesuit philosophies, models and teaching methods to graduate students who are: loving, religious, intellectually competent, open to growth and committed to doing justice. MTMS is networked with a group of former NativityMiguel Schools in the United States called Urban Faith-Based Coalition of Schools, formed in 2013.

Aboriginal student performance across Canada is significantly below average with only 4% of natives having a university education, one-quarter the rate in mainstream society, and one-third of aboriginal people do not graduate high school, three times the rate for non-aboriginals. The unemployment and poverty rates for aboriginals are five times those in the non-aboriginal community.

MTMS believes it can help break the cycle of poverty amongst its target families through the application of its unique model. MTMS accepts a maximum of 20 students per grade. 2014 enrollment was 20 grade 6 students, 19 grade 7 students and 16 grade 8 students. 68% of total students are aboriginal.

Financial Review:

Administrative costs for the school were 32% of revenues in F2014 while fundraising costs were 4% of donations. Funding reserves have increased steadily with F2014 reserves of $167k (net of $71k in capital leases) covering 23% of annual program costs. Government funding of $295k represented 21% of total revenues in F2014.

Financial Ratios

Fiscal year ending August
201420132012
Administrative costs as % of revenues 32.5%22.2%25.0%
Fundraising costs as % of donations 3.6%2.1%0.5%
Program cost coverage (%) 23.4%13.9%(43.8%)

Summary Financial Statements

All figures in $s
201420132012
Donations 1,021,6081,022,164948,375
Government funding 294,890269,07485,000
Fees for service 15,16013,1107,350
Special events 74,47084,8290
Investment income 9505
Other income 05130
Total revenues 1,406,2231,389,6901,040,730
Program costs 712,514617,611376,737
Administrative costs 456,598308,770259,804
Fundraising costs 38,91423,4045,125
Other costs 4,5837,7011,027
Cash flow from operations 193,614432,204398,037
Funding reserves 166,97285,674(164,915)
Note: Ci adjusted deferred donations to recognize revenues in the year received, affecting revenues by $110k in F2014, $132k in F2013, and $553k in F2012.  Unrealized investment gains have been excluded, reducing revenues by $2k in F2014.  Gain on sale of capital assets has been excluded, reducing revenue by $3k in F2012.

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