108171976RR0001 — 0010
Registered — Winnipeg, MB — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 91/100
Financials: Revenue $815,816 · Expenditures $812,108
Victoria Albert Day Care is a fast-growing Winnipeg child care centre that has nearly doubled its revenue over the past four years, reflecting Manitoba's expanding child care sector. While its 86.2% compensation ratio draws a flag, this is characteristic of licensed day cares where qualified staff salaries are the program itself.
Our Verdict: A well-governed day care centre delivering strong program spending and healthy growth — the high compensation ratio is the cost of quality child care, not a sign of mismanagement. Donors and funders can support this organization with confidence.