Mother Teresa Middle School
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
64%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 64 cents are available for programs.
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OVERVIEW
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.
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Finances
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.
This report is old and we are not seeing much donor interest necessitating an update. If you are a donor and would like to see an update, please contact us at Charity Intelligence.
Financial Review
Fiscal year ending August
|
2014 | 2013 | 2012 |
---|---|---|---|
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 StatementsAll figures in $s |
2014 | 2013 | 2012 |
---|---|---|---|
Donations | 1,021,608 | 1,022,164 | 948,375 |
Government funding | 294,890 | 269,074 | 85,000 |
Fees for service | 15,160 | 13,110 | 7,350 |
Special events | 74,470 | 84,829 | 0 |
Investment income | 95 | 0 | 5 |
Other income | 0 | 513 | 0 |
Total revenues | 1,406,223 | 1,389,690 | 1,040,730 |
Program costs | 712,514 | 617,611 | 376,737 |
Administrative costs | 456,598 | 308,770 | 259,804 |
Fundraising costs | 38,914 | 23,404 | 5,125 |
Other costs | 4,583 | 7,701 | 1,027 |
Cash flow from operations | 193,614 | 432,204 | 398,037 |
Funding reserves | 166,972 | 85,674 | (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.
Salary Information
$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
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Comments & Contact
Comments added by the Charity:
Charity Contact
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