RIVERS AND AREA COMMUNITY FOUNDATION INC.
Public foundationFoundations·PO BOX 714 · RIVERS, MB · R0K 1X0·BN 836349829RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
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.
What it does — in its own words
Ongoing programs
MAKING RESPONSIBLE SCHOLARSHIPS AND GRANTS FOR THE GOOD OF THE COMMUNITY.
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.
Disbursed to qualified donees
T1 · computed (open data)5%
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)92%
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 ↗
Reserves
T1 · computed (open data)17.9 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$149K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)27%
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 ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-12-31 | $76K | 28¢ | 72% | 128.3 yr |
| 2020-12-31 | $160K | 13¢ | 87% | 245.6 yr |
| 2021-12-31 | $89K | 5¢ | 95% | 639.4 yr |
| 2022-12-31 | $63K | 2¢ | 98% | 391.5 yr |
| 2023-12-31 | $106K | 9¢ | 91% | 348.3 yr |
| 2024-12-31 | $149K | 8¢ | 92% | 17.9 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
10 directors reported · 10 of 10at arm's length
- MORKEN, DONNAPRESIDENTarm's length
- MCFARLANE, LAWRENCEVICE PRESIDENTarm's length
- VEITCH, RODBOARD OF DIRECTORarm's length
- FALKEVITCH, DONNABOARD OF DIRECTORarm's length
- TYCOLES, AARONBOARD OF DIRECTORarm's length
- GOURLAY, GERRYBOARD OF DIRECTORarm's length
- WHELPTON, CHERIBOARD OF DIRECTORarm's length
- CITULSKY, SUSANBOARD OF DIRECTORarm's length
- RONDEAU, DENNISBOARD OF DIRECTORarm's length
- BEEVER, JOCELYNBOARD OF DIRECTORarm'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
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