Help Eliminate Disease and Addiction Canada
Toronto, ON M3H 5Y2
Director: Steve Mortfield
Director: Stephen Bloom
Charitable Reg. #: REVOKED MAY. 4, 2012
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Impact Rating: Low
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
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|$40k - $80k||0|
About Help Eliminate Disease and Addiction Canada:
Founded in 2007, Help Eliminate Disease and Addiction Canada’s (HEDAC) mission is to eliminate disease and addiction by focusing on treatment and recovery. The website states that its focus is on the treatment and recovery of AIDS, malaria, tuberculosis, and addiction. HEDAC has experienced tremendous growth, issuing $60.7m in tax donation receipts in 2008. HEDAC credits its success to new philanthropy techniques.
In 2010, HEDAC shipped 8 million pills to Haiti, including the anti-retroviral Zidolam, the anti-fungal Fluconozol, and the broad-spectrum antibiotic Ciprofloxacin. In order to efficiently distribute these medicines to those in need throughout Haiti and the Dominican Republic, HEDAC has partnered with US-based AIDS charities, Aid for AIDS International, and Housing Works.
DONOR ADVISORY: HEDAC's charity status was revoked by the CRA Charities Directorate for cause regarding tax fraudulent activities.
2009 CRA filings show total expenditures of $53m of which $10.6m went to Prime Health Services in Ghana, $6.6m went to Diocese of Kakamega in Kenya and $36m went to Ministère De La Santé in an undisclosed African country. HEDAC’s financial information is available only through an official request for information to Canada Revenue Agency. Harris & Partners LLP did not undertake an audit or a review engagement providing only a notice to readers. HEDAC received $40.0m in donations, of which $38.7m was in undisclosed goods in kind and $31.4k was distributed to 14 charities in F2010. Reported administrative costs are 0.8% of revenues and fundraising costs are 2.1% of total donations. HEDAC has funding reserves of $40k which cover 0.1% of its annual program costs. According to the CRA filings, HEDAC has not reported any staff or salary compensation. Directors and trustees received compensation, with $1.04m paid in professional and consulting fees.
NOTE: HEDAC HAD ITS CHARITABLE REGISTRATION STATUS REVOKED BY THE CRA MAY. 4, 2012.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||0.8%||0.3%||0.4%|
|Fundraising costs as % of donations||2.1%||2.8%||2.2%|
|Program cost coverage (%)||0.1%||-0.1%||1.1%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||1,125||992||0|
|Cash flow from operations||152||(256)||302|