ABIC FOUNDATION INC
Charitable organizationTeaching institutions·101 - 111 RESEARCH DR · SASKATOON, SK · S7N 3R2·BN 867076077RR0001·website ↗
Last reported: F2024 filing · period ending 2024-03-31
This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.
What it does — in its own words
Ongoing programs
ABIC PROVIDES ON-GOING SUPPORT OF PROGRAMMING TO PROMOTE SCIENCE TO ADDRESS GLOBAL CHALLENGES. SOME PROGRAMS OFFERED: THE ABIC SPEAKER SERIES INVITES HIGH-CALIBRE SPEAKERS TO SHARE THEIR PASSION FOR SCIENCE AND TO INSPIRE LOCAL ENTREPRENEURS. BEYOND ENTREPRENEURSHIP: BUILDING AND AGRI-VALUE BUSINESS IS A NEW PROGRAM TO HELP SASKATCHEWAN ENTREPRENEURS GAIN THE KNOWLEDGE THEY NEED TO SUCCEED. THE PROGRAM COMPRISES TWO MODULES: BUILDING A WINNING PLAN: AGRICULTURAL PROCESSING BUSINESS PLAN TRAINING AND BUILDING ENTREPRENEURIAL LEADERSHIP
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.
Cents to cause
T1 · computed (open data)—
Not computable from this filing.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)—
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)—
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)$19K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)0%
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 |
|---|---|---|---|---|
| 2019-03-31 | $278K | 94¢ | — | 1.4 yr |
| 2020-03-31 | $504K | 97¢ | — | 2.9 yr |
| 2021-03-31 | $504K | 45¢ | — | 3.3 yr |
| 2022-03-31 | $12K | — | — | — |
| 2023-03-31 | $607K | 92¢ | — | 3 yr |
| 2024-03-31 | $19K | — | — | — |
| 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
No director records in this filing.
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗