107377491RR0001 — 0160
Registered — North york, ON — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 84/100
Financials: Revenue $1,139,374 · Expenditures $1,246,171
Faywood Boulevard Child Care Program in North York operates with an extraordinary 96% compensation ratio — nearly every dollar of its $1.14 million budget goes to staff — which is structurally normal for a licensed child care centre where qualified educators are the entire service. Program spending at 95.6% is top-tier, and the organization has grown steadily at a 4.5% CAGR over five years despite operating with only 2.1 months of thin reserves.
Our Verdict: A well-run child care centre where the 96% compensation ratio is not a red flag but the reality of licensed early childhood education — staff are the program. Donors should understand that thin reserves are the main financial vulnerability.