Friends of the Laureate Academy Inc.
Charitable organization · WPG, Manitoba · BN 138661491RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($118,082) as filed with the CRA.
Friends of the Laureate Academy Inc. is a charitable organization based in WPG, Manitoba, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $101K in revenue and $118K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 5 other registered charities reported granting it a combined $30K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 48% of peers.
In its own words
The organization raises funds to provide tuition bursaries to students who needs financial assistance to attend the laureate academy.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $101K | $118K | $97K | $21K | — | $16K |
| 2023 | $56K | $77K | $7,200 | $5,147 | — | $33K |
| 2022 | $103K | $88K | $83K | $5,039 | — | $55K |
| 2021 | $131K | $97K | $88K | $9,238 | — | $39K |
| 2020 | $101K | $109K | — | — | — | $5,289 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $30K from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Friends of the Laureate Academy Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 138661491RR0001), or read how we compute the receipt.