2015 Update to Tyndale’s Public Financials
10 Dec 2015As we pointed out last month, Tyndale University College & Seminary and the Tyndale Foundation are required to file information returns with the the Canada Revenue Agency every year. Updated numbers for 2015 have just appeared, and are reproduced below alongside numbers from the previous three years.
Tyndale University College & Seminary, 2012–2015
| 2012 | 2013 | 2014 | 2015 | |
|---|---|---|---|---|
| Revenue: | ||||
| Receipted donations | $6,917 (0%) | $2,381 (0%) | $2,286 (0%) | $5,906 (0%) |
| Non-receipted donations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Gifts from other charities | $6,761,829 (35%) | $6,412,282 (29%) | $6,046,871 (29%) | $5,062,769 (25%) |
| Government funding | $94,256 (0%) | $848,309 (4%) | $0 (0%) | $0 (0%) |
| All other revenue | $12,372,881 (64%) | $14,878,844 (67%) | $14,733,348 (71%) | $14,867,626 (75%) |
| Total revenue | $19,235,883 | $22,141,816 | $20,782,505 | $19,936,301 |
| Expenses: | ||||
| Charitable program | $13,866,341 (86%) | $14,801,204 (86%) | $15,790,913 (82%) | $16,000,998 (78%) |
| Management and administration | $2,291,853 (14%) | $2,495,348 (14%) | $3,572,386 (18%) | $4,542,627 (22%) |
| Fundraising | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Political activities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Gifts to other registered charities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Other | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Total expenses | $16,158,194 | $17,296,552 | $19,363,299 | $20,543,625 |
| Total compensation for all positions | $10,089,164 | $10,597,808 | $10,691,469 | $11,128,802 |
| —Full-time employees | 143 | 137 | 142 | 142 |
| —Part-time employees | 90 | 82 | 107 | 100 |
| Professional and consulting fees | $727,808 | $820,720 | $828,975 | $794,177 |
| Ten highest compensated full-time positions | ||||
| —$120,000–$159,999 | 2 | 2 | 2 | 2 |
| —$80,000–$119,999 | 8 | 8 | 8 | 8 |
| —$40,000–$79,999 | ||||
| —Less than $40,000 |
The Tyndale Foundation, 2012–2015
| 2012 | 2013 | 2014 | 2015 | |
|---|---|---|---|---|
| Revenue: | ||||
| Receipted donations | $3,764,188 (45%) | $2,639,919 (43%) | $2,782,544 (30%) | $3,786,268 (44%) |
| Non-receipted donations | $77,760 (1%) | $75,075 (1%) | $105,212 (1%) | $452,271 (5%) |
| Gifts from other charities | $4,158,879 (50%) | $2,536,109 (41%) | $5,094,581 (55%) | $3,030,009 (35%) |
| Government funding | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| All other revenue | $275,496 (3%) | $916,674 (15%) | $1,363,881 (15%) | $1,280,862 (15%) |
| Total revenue | $8,276,323 | $6,167,777 | $9,346,218 | $8,549,410 |
| Expenses: | ||||
| Charitable program | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Management and administration | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Fundraising | $465,691 (6%) | $563,624 (6%) | $660,206 (7%) | $0 (0%) |
| Political activities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
| Gifts to other registered charities | $7,720,257 (94%) | $8,662,301 (94%) | $8,220,147 (93%) | $5,713,085 (86%) |
| Other | $0 (0%) | $0 (0%) | $0 (0%) | $936,248 (14%) |
| Total expenses | $8,185,948 | $9,225,925 | $8,880,353 | $6,649,333 |
| Total compensation for all positions | $234,582 | $289,142 | $325,457 | $261,353 |
| —Full-time employees | 4 | 6 | 6 | 6 |
| —Part-time employees | 8 | 3 | 3 | 3 |
| Professional and consulting fees | $90,010 | $90,521 | $152,383 | $472,239 |
| Ten highest compensated full-time positions | ||||
| —$120,000–$159,999 | ||||
| —$80,000–$119,999 | 1 | 1 | 1 | 1 |
| —$40,000–$79,999 | 1 | 4 | 4 | 4 |
| —Less than $40,000 | 2 | 1 | 1 | 1 |