CLEAR WATER ACADEMY FOUNDATION
Charitable organizationTeaching institutions·3910 QUESNAY WOOD DR SW · CALGARY, AB · T3E 8G1·BN 893650259RR0001·website ↗
Last reported: F2024 filing · period ending 2024-08-31
What it does — in its own words
Ongoing programs
Clear Water Academy Foundation offers a Junior Kindergarten program enhanced out of School Care Program (before and after school) and Kindergarten to Grade 12 programming
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)31¢
Per its F2024 T3010, 31¢ 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)67%
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)0.9 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)$9.7M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)2%
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)25%
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 |
|---|---|---|---|---|
| 2019-08-31 | $7.5M | 33¢ | 61% | 0.3 yr |
| 2020-08-31 | $8.1M | — | — | — |
| 2021-08-31 | $7.5M | — | — | — |
| 2022-08-31 | $8.0M | — | — | — |
| 2023-08-31 | $9.0M | — | — | — |
| 2024-08-31 | $9.7M | 31¢ | 67% | 0.9 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
- Bieschke, ThomasDirectorarm's length
- Britton, DanDirectorarm's length
- Leblanc, Fr. KennethDirectorarm's length
- Maxwell, SeanChairman/Officerarm's length
- Noga, AaronDirectorarm's length
- Oberti, GregDirectorarm's length
- Colaco, AvinashDirectorarm's length
- Bernal, AndreaDirectorarm's length
- King-Howard, ElizabethDirectorarm's length
- Vos, ColineDirectorarm'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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