876945825RR0001 — 0010
Registered — Slave lake, AB — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 83/100
Financials: Revenue $649,478 · Expenditures $888,924
Slave Lake Koinonia Christian School Society is a 28-year Alberta faith-based school with an extreme compensation ratio of 97.4% — but this is entirely expected when teachers' salaries ARE the educational program. The school is currently in a significant revenue contraction, spending $889K against $649K in revenue, drawing down reserves that remain healthy at 10.6 months.
Our Verdict: A well-established Christian school experiencing a revenue decline that has pushed it into deficit spending — donors should note that while reserves remain healthy and program delivery is strong, the current revenue trajectory requires monitoring.