CyberSem Academy
Publicly funded institution · Toronto, Ontario · BN 831329313RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($123,393) as filed with the CRA.
CyberSem Academy is a charitable organization based in Toronto, 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 December 31, 2024, it reported $124K in revenue and $123K in expenditures.
In 2024, 4 other registered charities reported granting it a combined $48K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 23% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Its filed list of directors and trustees shows 4 names.
In its own words
Development of distance education hiring content writers hiring faculty and presenting online learning.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $124K | $123K | $89K | — | — | $497K |
| 2023 | $262K | $170K | $170K | — | — | $496K |
| 2022 | $313K | $174K | $174K | — | — | $403K |
| 2021 | $297K | $153K | $153K | — | — | $264K |
| 2020 | $110K | $79K | $79K | — | — | $120K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $48K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Colette Avital (director); Sholom Goldberg (president); Ahava Spillman (secretary); Chaim Godlberg (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from CyberSem Academy’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 831329313RR0001), or read how we compute the receipt.