Nanny Angel Network

1000 Sheppard Ave. W., Suite 100
Toronto, ON M3H 2T6
Executive Director: Audrey Guth
Board Vice-Chair: Helena Axler

Charitable Reg. #: 82486 3690 RR0001
Sector: Social Services
Operating Charity

Charity Rating

[Charity Rating: 4/4]

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #1

Avg. Compensation $76,095

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 1
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Nanny Angel Network:

Nanny Angel Network's (NAN) trained caregivers provide home childcare services for mothers undergoing cancer treatment. It offers its services in the Greater Toronto Area for children aged 12 and under. NAN supports families through treatment, recovery, palliative care and bereavement. Nanny Angel Network reports that, although Ontario mothers are eligible for 4 hours a week of personal home care, it does not include childcare. NAN closes the gap between healthcare and social services, as paid childcare is often unfeasible with lost income.

Nanny Angel Network's advocacy programs generate awareness at hospitals, healthcare support networks and in the media.

In F2014, 57 volunteers provided 1,952 hours of childcare service to 66 families with 118 children. Its volunteers work primarily with families in Halton, Peel, York, Toronto and Durham, serving clients with a broad spectrum of cancer types.Since 2010, Nanny Angel Network has provided 5,568 hours of services through 1,392 visits, working with 377 children.

Financial Review:

Nanny Angel Network is a small-cap charity, with donations of $448k in F2015. Its administrative costs are 9% of revenues and its fundraising costs are 1% of donations. For every $1 donated to the charity, 90 cents is put towards its programs, falling within Ci's reasonable range. The charity has funding reserves of $352k, resulting in a program cost coverage ratio of 153%. This means that it can cover 1.5 years of its annual programs using its existing reserves.

This charity report is an update that is being reviewed by Nanny Angel Network. Changes and edits may be forthcoming.

Updated on June 17, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 9.2%10.6%
Fundraising costs as % of donations 0.9%12.3%
Program cost coverage (%) 153.1%101.1%

Summary Financial Statements

All figures in $s
Donations 447,645201,760
Special events 0139,181
Other income 2,2850
Total revenues 449,930340,941
Program costs 230,069180,919
Administrative costs 41,25636,288
Fundraising costs 3,91141,758
Cash flow from operations 174,69481,976
Funding reserves 352,277182,847
Note: The charity's financial information for F2014 is unaudited. Ci has used the unaudited F2014 numbers presented in the 2015 audited financial statements. Ci has used the charity's F2014 T3010 filing in the compensation section of this report as the compensation figure reported in the F2015 T3010 filing do not match the audited financial statements. Ci has adjusted amortization affecting expenses by ($1k) in F2015 and by ($457) in F2014.

Comments added by the Charity:

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