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La Fondation du Cegep de Baie-Comeau inc.

Public foundationFoundations advancing education·537 BOUL BLANCHE · BAIE-COMEAU, QC · G5C 2B2·BN 890520851RR0001

Last reported: F2024 filing · period ending 2024-06-30

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

LA FONDATION DE CÉGEP DE BAIE-COMEAU SOUTIENT LE DÉVELOPPEMENT DU CÉGEP DE BAIE-COMEAU PAR DES PROJETS NOVATEURS ET STRUCTURANTS AU PROFIT DE SA CLIENTÈLE ÉTUDIANTE. UN PROGRAMME DE BOURSES ET D'AIDES FINANCIÈRES EXISTENT POUR LES ÉTUDIANTES ET LES ÉTUDIANTS AINSI QU'UN SOUPER-BÉNÉFICE ANNUEL EN LIEN AVEC DE L'ACQUISITION D'ÉQUIPEMENTS SPÉCIALISÉS OU DE TRAVAUX IMMOBILIERS POUR LE CÉGEP DE BAIE-COMEAU. DES SOMMES SONT ÉGALEMENT AMASSÉES POUR LA CÉRÉMONIE DE FIN D'ÉTUDES ET POUR UN AUTRE ÉVÈNEMENT DE REMISE DE BOURSES AUX ÉTUDIANTS.

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)

62%

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)

47%

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)

6.8 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)

$220K

Last-reported total revenue.

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

Donor-funded

T1 · computed (open data)

29%

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)

28%

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, 20192024.

Period endRevenueCents to causeOverheadReserves
2019-06-30$57K100¢1.7 yr
2020-06-30$52K88¢12%
2021-06-30$38K2%
2022-06-30$74K69¢2%
2023-06-30$173K201¢5%1.4 yr
2024-06-30$220K53¢47%6.8 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

13 directors reported · 13 of 13at arm's length

  • BOUDREAU, MICHEL MBVICE-PRESIDENTarm's length
  • COUSIN, BRUNO BCADMINISTRATEURarm's length
  • COUTURIER, MANON MCADMINISTRATEURarm's length
  • IMBEAULT, RICHARD RIADMINISTRATEURarm's length
  • LEBREUX, NANCY NLTRÉSORIÈREarm's length
  • NORMAND, DAVID DNADMINISTRATEURarm's length
  • MESSIER, JEAN-PHILIPPE JMPRESIDENTarm's length
  • GAGNON, NANCY NGADMINISTRATEURarm's length
  • TREMBLAY MICHAUD, PASCALE PTADMINISTRATEURarm's length
  • LAFRAMBOISE, MARIE-ÈVE MLADMINISTRATEURarm's length
Show all 13 directors
  • HOVINGTON, STÉPHANE SHADMINISTRATEURarm's length
  • SAVARD, ISABELLE ISGESTIONNAIREarm's length
  • NADEAU, NATHALIE-ANNE NNGESTIONNAIREarm'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 ↗

La Fondation du Cegep de Baie-Comeau inc.: CRA filing and financial data · Charity Compass