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OLDS CHURCH OF THE NAZARENE

Charitable organizationChristianity·5402 - 43 STREET · OLDS, AB · T4H 1B5·BN 107794141RR0001·website ↗

Last reported: F2024 filing · period ending 2024-04-30

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Cents to cause T1

99¢

of each dollar spent, to programs

Operating overhead T1

12%

typical range 5–35%

Reserves T1

0 yr

of program spending, in cash and investments

Revenue T1

$151K

not reviewed by an analyst (Charity Intelligence)

— means the filing doesn't include the lines needed; details and sources below.·How to read these figures

This filing's expense lines don't reconcile: program spending (line 5000) plus overhead (5010 + 5020) adds up to more than total spending (4950). Cents-to-cause and overhead can't both be right, and the filing doesn't say which — so this charity is left out of ranked search results for this filing year. We show both figures exactly as filed; read them together with this in mind, or check the public record ↗.

Common questions

How do I donate to Olds Church of the Nazarene?

You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.

Is Olds Church of the Nazarene a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 107794141RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.

Where is Olds Church of the Nazarene located?

Per its F2024 T3010, its address on file is 5402 - 43 STREET, OLDS, AB, T4H 1B5. Source.

What does Olds Church of the Nazarene do?

In its own words, from its F2024 T3010 filing: "WE CONDUCT WORSHIP AND PRAISE SERVICES WEEKLY WE PROVIDE SPIRITUAL CARE AND CARE FOR THE CHURCH COMMUNITY. WE PROVIDE SUNDAY SCHOOL CLASSES FOR CHILDREN YOUTH AND ADULTS WEEKLY. WE CONDUCT REGULAR YOUTH MINSTRY ACTIVITIES. WE DONATE FUNDS TO DENOMINATIONAL HEADQUARTERS FOR OVERSEAS MISSION ACTIVITIES AND FOR…" Full program description.

How much of Olds Church of the Nazarene's spending goes to programs?T1

Per its F2024 T3010, 99¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.

How big is Olds Church of the Nazarene?T1

Its last-reported revenue was $151K (F2024), which places it in Charity Compass's under $1M revenue band, alongside 27,629 other operating charities.

What it does — in its own words

Ongoing programs

WE CONDUCT WORSHIP AND PRAISE SERVICES WEEKLY WE PROVIDE SPIRITUAL CARE AND CARE FOR THE CHURCH COMMUNITY. WE PROVIDE SUNDAY SCHOOL CLASSES FOR CHILDREN YOUTH AND ADULTS WEEKLY. WE CONDUCT REGULAR YOUTH MINSTRY ACTIVITIES. WE DONATE FUNDS TO DENOMINATIONAL HEADQUARTERS FOR OVERSEAS MISSION ACTIVITIES AND FOR COMPASSION MINISTRIES OVERSEAS.

Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗

Tier 1 — what we computed (open data)

From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.

Cents to cause

T1 · computed (open data)

99¢

As filed: 99¢ of each dollar to programs — but this filing's expense lines don't reconcile (see note above).

Sector median: 89¢ across 55,155 computed charities; 89¢ among those its size (under $1M).

T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Operating overhead

T1 · computed (open data)

12%

Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.

T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Reserves

T1 · computed (open data)

0 yr

Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.

Charities its size (under $1M, 27,629): median 1 yr; 14% hold under half a year. All operating charities: median 0.8 yr.

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Total revenue

T1 · computed (open data)

$151K

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

86%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

0%

Share of revenue from federal, provincial, and municipal sources.

T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Where the money comes from

Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.

  • Receipted donationsT1

    86%

    T3010 4500 ÷ 4700

  • GovernmentT1

    0%

    T3010 4570 (or 4540+4550+4560) ÷ 4700

  • Other revenueT1

    14%

    T3010 remainder ÷ 4700

Self-reported on the T3010; not independently verified. source ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Similar charities

Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.

Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.

Board of directors

5 directors reported · 5 of 5at arm's length

  • HYATT, DARLENEPASTOR / CHAIRarm's length
  • MENGERSEN, KARENSECRETARYarm's length
  • HUNFORD, MARILYNBOARD MEMBERarm's length
  • LERESCO, AIRENEBOARD MEMBERarm's length
  • NALLANTHAMBY, DANBOARD MEMBERarm's length

From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗

Right of reply

This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.

Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗

Olds Church of the Nazarene — 99¢ of each $1 to programs