FIRST FUNDS SOCIETY
Charitable organizationOrganizations relieving poverty·2960 NANAIMO ST · VANCOUVER, BC · V5N 5G3·BN 871320404RR0001
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Ongoing programs
The Community Voice Mail (CVM) program provides free voice mail to people who are homeless and/or phoneless in crisis and transition. The program currently serves the Greater Vancouver and Fraser Valley regions and Calgary. The Coordinated Access program will develop and lay the groundwork for an effective implementation of a Coordinated Access system which is a community-wide system that streamlines the process for people experiencing homelessness to access housing and support services needed to permanently end their homelessness.
New programs
The Society will be acquiring 12 units of a 172 unit housing development in Vancouver BC at a cost of $500 000 per unit by way of a 60 year prepaid lease. Funding will be provided by way of a $6 000 000 donation from the Al Roadburg Foundation payable in installments to match the lease payments.
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)100¢
Per its F2024 T3010, 100¢ of each dollar spent went to programs.
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)0%
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)1.2 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)$1.1M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)1%
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)83%
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 | $412K | 99¢ | 0% | 0.3 yr |
| 2020-12-31 | $694K | 99¢ | 0% | 0.4 yr |
| 2021-12-31 | $1.3M | 100¢ | 0% | 0.5 yr |
| 2022-12-31 | $1.6M | 100¢ | 0% | 0.5 yr |
| 2023-12-31 | $1.1M | 99¢ | 0% | 1 yr |
| 2024-12-31 | $1.1M | 100¢ | 0% | 1.2 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
5 directors reported · 5 of 5at arm's length
- White, MargeDirector/Vice-Presidentarm's length
- Poirier, FayeDirector/Treasurerarm's length
- Marshall, ClaireDirector/Secretaryarm's length
- Patenaude, KentDirector/Presidentarm's length
- Smith, DanDirectorarm'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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