843277211RR0001 — 0011
Registered — Calgary, AB — Private Foundation
Scores: Legitimacy 98/100 · Effectiveness 65/100
Financials: Revenue $1,719 · Expenditures $1,047
THE MAKAMI COLLEGE EDUCATION FOUNDATION's revenue has been volatile (585.0% standard deviation) but the overall trend is positive at 9.96% annual growth. A 87.7% revenue drop in one year may reflect loss of a major donor or grant funding changes. THE MAKAMI COLLEGE EDUCATION FOUNDATION's liabilities exceed its total assets (net reserves: -124.9 months), which may indicate financial distress or timing of receivables and deferred revenue. A 86.4 percentage-point shift in program spending allocation between years indicates a significant change in spending priorities. THE MAKAMI COLLEGE EDUCATION FOUNDATION has filed 86.7% of expected annual returns between 2009 and 2023 — some gaps may reflect late submissions or administrative delays. Two standard compliance checks have not yet been performed: cross-referencing international transfers against countries flagged by the Financial Action Task Force (FATF) for weak anti-money-laundering controls, and verifying the charity isn't transacting with individuals or organizations under government financial restrictions (sanctions screening). These are gaps in the scoring system's reference data, not red flags about this charity.
Our Verdict: An established food bank in Calgary, AB that experienced a 88% revenue drop and directing 86% of spending to programs — worth reviewing the full analysis despite the overall grade.