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Elite Foundation

Private foundationFoundations·3410 SOUTH SERVICE RD · BURLINGTON, ON · L7N 3T2·BN 709684013RR0001

Last reported: F2024 filing · period ending 2024-12-31

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Disbursed to charities T1

0%

of spending, to other registered charities

Operating overhead T1

28%

typical range 5–35%

Reserves T1

—

not in this filing

Revenue T1

$10K

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 is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.

Common questions

How do I donate to Elite Foundation?

You can search for it on CanadaHelps to donate. Charity Compass never handles your money — we only link out to where you can give.

Is Elite Foundation a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 709684013RR0001. 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 Elite Foundation located?

Per its F2024 T3010, its address on file is 3410 SOUTH SERVICE RD, BURLINGTON, ON, L7N 3T2. Source.

What does Elite Foundation do?

In its own words, from its F2024 T3010 filing: "Elite Foundation is a non-profit organization dedicated to building futures and strengthening communities by addressing the most essential needs of housing education and financial inclusion. Our mission is to ensure that every individual has the opportunity to thrive by providing access to safe and affordable homes…" Full program description.

How much does Elite Foundation disburse to other charities?T1

Per its F2024 T3010, 0% of its spending went to other registered charities (self-reported, not independently verified). Full figures.

How big is Elite Foundation?T1

Its last-reported revenue was $10K (F2024).

What it does — in its own words

Ongoing programs

Elite Foundation is a non-profit organization dedicated to building futures and strengthening communities by addressing the most essential needs of housing education and financial inclusion. Our mission is to ensure that every individual has the opportunity to thrive by providing access to safe and affordable homes quality educational pathways and community based support. Through affordable housing developments scholarships mentorships and empowerment programs our goal is to close the opportunity gap for economically disadvantaged families. We work collaboratively with local partners t… Show more

Elite Foundation is a non-profit organization dedicated to building futures and strengthening communities by addressing the most essential needs of housing education and financial inclusion. Our mission is to ensure that every individual has the opportunity to thrive by providing access to safe and affordable homes quality educational pathways and community based support. Through affordable housing developments scholarships mentorships and empowerment programs our goal is to close the opportunity gap for economically disadvantaged families. We work collaboratively with local partners to create sustainable long term solutions that uplift communities and lay the groundwork for lasting success.

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.

Disbursed to qualified donees

T1 · computed (open data)

0%

Per its F2024 T3010, this share of total spending went to other registered charities.

T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗

Operating overhead

T1 · computed (open data)

28%

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)

—

Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.

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

Total revenue

T1 · computed (open data)

$10K

Last-reported total revenue.

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

Donor-funded

T1 · computed (open data)

100%

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

    100%

    T3010 4500 ÷ 4700

  • GovernmentT1

    0%

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

  • Other revenueT1

    0%

    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

2 directors reported · 2 of 2at arm's length

  • Hakimi, Abdul HamidDirector & Presidentarm's length
  • Sakhi, Ahmad SamimDirector Treasurer Secretaryarm'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 ↗

Elite Foundation — 0% granted to charities