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FONDATION NICK MICHEL

Public foundationFoundations·1000 AVENUE BEAUVOIR · ALMA, QC · G8B 7N9·BN 827718438RR0001

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

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Disbursed to charities T1

86%

of spending, to other registered charities

Operating overhead T1

86%

typical range 5–35%

Reserves T1

2,655.6 yr

of program spending, in cash and investments

Revenue T1

$86K

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 Fondation Nick Michel?

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 Fondation Nick Michel a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 827718438RR0001. 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 Fondation Nick Michel located?

Per its F2024 T3010, its address on file is 1000 AVENUE BEAUVOIR, ALMA, QC, G8B 7N9. Source.

What does Fondation Nick Michel do?

In its own words, from its F2024 T3010 filing: "LE SOULAGEMENT DE LA PAUVRETÉ L'AMÉLIORATION DE LA SANTÉ DE LA POPULATION ET LA PROMOTION DE L'ÉDUCATION CHEZ LES JEUNES DÉFAVORISÉS. LA POURSUITE DES FINS ÉNONCÉES CI-DESSUS SERA TOUTEFOIS RESTREINTE CES RESTRICTIONS ÉTANT LES SUIVANTES : - LES BIENS DE LA FONDATION NE POURRONT ÊTRE ATTRIBUÉS OU DISTRIBUÉS QU'À…" Full program description.

How much does Fondation Nick Michel disburse to other charities?T1

Per its F2024 T3010, 86% of its spending went to other registered charities (self-reported, not independently verified). Full figures.

How big is Fondation Nick Michel?T1

Its last-reported revenue was $86K (F2024).

What it does — in its own words

Ongoing programs

LE SOULAGEMENT DE LA PAUVRETÉ L'AMÉLIORATION DE LA SANTÉ DE LA POPULATION ET LA PROMOTION DE L'ÉDUCATION CHEZ LES JEUNES DÉFAVORISÉS. LA POURSUITE DES FINS ÉNONCÉES CI-DESSUS SERA TOUTEFOIS RESTREINTE CES RESTRICTIONS ÉTANT LES SUIVANTES : - LES BIENS DE LA FONDATION NE POURRONT ÊTRE ATTRIBUÉS OU DISTRIBUÉS QU'À DES ORGANISMES DE BIENFAISANCE POURSUIVANT DES OBJETIFS CORRESPONDANT AUX FINS POUR LESQUELLES LA FINDATION EST CRÉÉE ET DONT LA MISSION CONSISTE À APPORTER DE L'AIDE FINANCIÈRE À LA COLLECTIVITÉ OU À DES GROUPES DE PERSONNES ; - LA FONDATION DOIT EFFECTUER TOUTES SES CONTRIBUTIO… Show more

LE SOULAGEMENT DE LA PAUVRETÉ L'AMÉLIORATION DE LA SANTÉ DE LA POPULATION ET LA PROMOTION DE L'ÉDUCATION CHEZ LES JEUNES DÉFAVORISÉS. LA POURSUITE DES FINS ÉNONCÉES CI-DESSUS SERA TOUTEFOIS RESTREINTE CES RESTRICTIONS ÉTANT LES SUIVANTES : - LES BIENS DE LA FONDATION NE POURRONT ÊTRE ATTRIBUÉS OU DISTRIBUÉS QU'À DES ORGANISMES DE BIENFAISANCE POURSUIVANT DES OBJETIFS CORRESPONDANT AUX FINS POUR LESQUELLES LA FINDATION EST CRÉÉE ET DONT LA MISSION CONSISTE À APPORTER DE L'AIDE FINANCIÈRE À LA COLLECTIVITÉ OU À DES GROUPES DE PERSONNES ; - LA FONDATION DOIT EFFECTUER TOUTES SES CONTRIBUTIONS EN VUE D'ATTEINDRE SES FINS STRICTEMENT À L'INTÉRIEUR DU TERRITOIRE ACTUEL DE LA MUNICIPALITÉ RÉGIONALE DE COMTÉ DE LAC-SAINT-JEAN-EST ; - LA FONDATION NE DOIT PAS DISTRIBUER DIRECTEMENT SES DONS DANS LE PUBLIC. ELLE DOIT LE FAIRE PAR L'IMTERMÉDIAIRE D'ORGANISME DE BIENFAISANCE ENREGISTRÉ AU SENS DES LOIS FISCALES APPPLICABLES ; AUTORISÉS À RECEVOIR DES DONS ET À ÉMETTRE DE REÇUS ; ET - LA FONDATION N'EST PAS AUTHORISÉE À FAIRE DES DONS À D'AUTRES FONDATIONS SAUF À LA FONDATION DE L'HÔTIPAL D'ALMA ET AUX AUTRES FONDATIONS HOSPITALIÈRES.

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)

86%

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)

86%

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)

2,655.6 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)

$86K

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

7 directors reported · 7 of 7at arm's length

  • BEAULAC, LINDA LBPRÉSIDENTEarm's length
  • CIMON, PIERRE PCSECRÉTAIREarm's length
  • HABIB, LYDIA LHADMINISTRATEURarm's length
  • DUBÉ, GUYLAINE GDADMINISTRATEURarm's length
  • VILLENEUVE, LAURENT LVADMINISTRATEURarm's length
  • DESSUREAULT, FABIENNE FDADMINISTRATEURarm's length
  • VERREAULT, GUYLAINE GVADMINISTRATEURarm'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 ↗