Cystic Fibrosis Canada

2323 Yonge Street, Suite 800
Toronto, ON M4P 2C9
CEO: Kelly Grover
Board Chair: Mitch Lepage

Website: www.cysticfibrosis.ca
Charitable Reg. #: 10684 5100 RR0001
Sector: Health
Operating Charity

Charity Rating

[Charity Rating: 4/4]

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]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

95¢
75¢
avg
65¢
50¢
2016 2017 2018
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #80

Avg. Compensation $77,445

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 1
$200k - $250k 0
$160k - $200k 3
$120k - $160k 5
$80k - $120k 1
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2018

About Cystic Fibrosis Canada:

Founded in 1960, Cystic Fibrosis Canada (CFC) is one of the world’s top three charitable organizations committed to finding a cure for cystic fibrosis (CF). The charity also supports and advocates for high-quality individualized cystic fibrosis care and raises public awareness through its education programs. CF is the most common fatal genetic disease affecting Canadian children and young adultscausing destruction and loss of function of the lungs, which eventually leads to death in most people with CF.  

Many of the biggest advancements in CF researchincluding the discovery of the CF gene in 1989have been made by researchers funded by Cystic Fibrosis Canada. In F2019, CFC invested $6.1m to fund 45 research projects and 29 postdoctoral fellowships, making up 38% of program costsResearch topics include gene therapy, CF-related diabetes, lung inflammation, personalized medicine, CFTR proteins, quality of life and lung infections. In July 2018, CF Canada launched CFC Accelerated Clinical Trials Network to build capacity to run clinical trials and increase the participation of CF patients in clinical trials 

In F2019, 21% of program costs were allocated toward CFC’s clinical care and advocacy programs. The charity supported 42 CF clinics, awarding each with Clinic Incentive grants for continued professional development and for travel costs to outreach centresThe 42 clinics support 4,300 Canadians across the country.  

Cystic Fibrosis Canada also has Education and Public Awareness programs that make up 11% of program costs. The 2017 Cystic Fibrosis Awareness Month campaign resulted in 12,601 Canadians signing a petition calling for public coverage of ORKAMBI, the medication used to treat the most common type of CF.  

Results and Impact:

Since 1960, Cystic Fibrosis Canada has invested more than $261m in research, innovation and care of CF. The 2016 Canadian Cystic Fibrosis Registry shows that the median age of survival in Canada is steadily increasing and is among the highest in the world at 53.3 years.  

Since 2006, CF Canada has been calling on the Quebec government to adopt newborn screening for early detection of CF. In 2017, Quebec was the last province to commit to newborn screening for CF, and the program launched in spring 2018. 

Financial Review:

Cystic Fibrosis Canada is large charity, receiving $17.0m in donations and special event fundraising in F2018. Administrative costs are 17% of revenues, excluding investment income. Fundraising costs are 9% of donations and special event fundraising. For every dollar donated, 75 cents go tCFC’s programs. This is within Ci’s reasonable range for overhead spending. CFC’s funding reserves of $14m include $94k in donor-endowed funds. This results in a program cost coverage ratio, excluding donor-endowed funds, of 123%. This means that the charity can cover program costs for 1.2 years using its existing reserves. 

This charity report is an update that was sent to Cystic Fibrosis Canada for review. Changes and edits may be forthcoming. 

Updated on June 4, 2019 by Caroline McKenna. 

Financial Ratios

Fiscal year ending January
201820172016
Administrative costs as % of revenues 16.5%16.5%15.1%
Fundraising costs as % of donations 8.7%8.3%6.3%
Program cost coverage (%) 123.7%142.7%147.6%

Summary Financial Statements

All figures in $000s
201820172016
Donations 16,36415,37016,428
Business activities (net) 552722522
Special events 670666862
Investment income 924972(56)
Other income 357161219
Total revenues 18,86717,89117,975
Program costs 4,1623,5793,401
Grants 7,1576,9837,323
Administrative costs 2,9602,7852,716
Fundraising costs 1,4861,3241,097
Other costs 04(28)
Cash flow from operations 3,1023,2163,466
Funding reserves 13,99615,07615,830
Note: Ci has adjusted amortization of deferred capital contributions, investment income and unrealized gain on investments affecting revenues by $910k in F2018, $958k in F2017, and ($70k) in F2016. Ci has adjusted unrealized derivative loss on foreign exchange contract and amortization of capital assets affecting expenses by ($14k) in F2018, ($10k) in F2017, and ($42k) in F2016.

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