118933423RR0001 — 0010
Registered — Saskatoon, SK — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 85/100
Financials: Revenue $601,767
Friends Together Childcare Co-operative is a 42-year-old Saskatoon daycare with perfect governance marks and near-total program spending, but its compensation ratio of 86.2% is among the highest in its peer group. This is a staffing-intensive childcare operation where wages are the program — the critical question is whether revenue growth can keep pace with payroll obligations.
Our Verdict: A long-established, well-governed childcare co-operative that channels virtually all spending to programs, though donors should understand that an 86.2% compensation ratio — while inherent to the childcare model — leaves very thin margins for non-personnel needs.