119172401RR0001 — 0010
Registered — Steinbach, MB — Charitable Organization
Scores: Legitimacy 88/100 · Effectiveness 91/100
Financials: Revenue $1,241,948 · Expenditures $1,234,962
Happy Feet Early Learning Center is a Steinbach, Manitoba childcare provider that has grown revenue by 9.4% annually while directing 98% of expenditures to programs -- placing it among the most efficient welfare organizations in its peer group. Its high compensation ratio of 82.1% reflects the reality that educators and caregivers are the program, not overhead. With 39 years of CRA registration and an A+ trust grade, this is a stable and well-run early childhood centre.
Our Verdict: A well-established childcare centre that channels nearly all of its budget into direct care, with strong growth and clean governance. The high compensation ratio is expected for a staffing-intensive operation where educators are the core service.