Bys Educational Centre
Publicly funded institution · North York, Ontario · BN 855507471RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($588,662) as filed with the CRA.
Bys Educational Centre is a charitable organization based in North York, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending August 31, 2024, it reported $573K in revenue and $589K in expenditures.
Its funding that year was roughly 60% from other charities. In 2024, 1 other registered charity reported granting it a combined $2,500.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 69% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 16 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $3,000 in 2024, the largest being $3,000 to Bais Yaakov Elementary School. Its filed list of directors and trustees shows 3 names.
In its own words
To provide an educational centre and house organizations that are registered charities pursuant to the canadian income tax act. To provide a comprehensive remedial program for students that fall behind in their studies. Its curriculum will be tailored to the ability to the respective challenged student or group of students . The goal is to eventually mainstream them in all areas of studies. To provide and subsidize daycare services. To provisde and subsidize nutrition program.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $573K | $589K | $545K | — | $3,000 | $13.7M |
| 2023 | $435K | $558K | $519K | — | — | $13.7M |
| 2022 | $1.3M | $1.7M | $1.5M | — | — | $13.9M |
| 2021 | $1.2M | $1.6M | $1.5M | — | $426K | $14.2M |
| 2020 | $843K | $1.3M | $1.2M | — | — | $14.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3,000 to 1 qualified donee:
Received $2,500 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9991 position
- $1–39,9998 positions
- Permanent full-time positions16
- Total compensation, all staff$1.1M
Schedule 3 of its 2022 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Barry Reichmann (director); John Kaplan (director); Jonathan Seliger.
As listed on its 2024 return.
Check the source
Every figure on this page is from Bys Educational Centre’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 855507471RR0001), or read how we compute the receipt.