Northmount School for Boys
Publicly funded institution · Toronto, Ontario · BN 137973350RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($3,421,843) as filed with the CRA.
Northmount School for Boys 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 August 31, 2024, it reported $4M in revenue and $3.4M in expenditures.
Its funding that year was roughly 15% from donations. In 2024, 6 other registered charities reported granting it a combined $1.4M.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 18 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $9,499 in 2024, the largest being $9,499 to Northmount School for Boys Foundation. Its filed list of directors and trustees shows 8 names.
In its own words
Northmount school for boys is an independent catholic elementary school for boys.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4M | $3.4M | $3.3M | $47K | $9,499 | $2.3M |
| 2023 | $4M | $3.5M | $3.1M | $116K | $205K | $1.7M |
| 2022 | $3.4M | $3.3M | $2.9M | $71K | $200K | $1.1M |
| 2021 | $3.1M | $3M | $2.6M | $26K | $325K | $1M |
| 2020 | $3.2M | $3M | $2.4M | $40K | $471K | $909K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $9,499 to 1 qualified donee:
Received $1.4M from 6 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $80,000–119,9999 positions
- Permanent full-time positions18
- Total compensation, all staff$2.4M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Keith McLean (chair); Daniel Stronach (treasurer); Michael Duffy (director); Sean Bayley (director); Gerard McCabe (director); Vasily Zadorojnyi (director); Robin DI Tosto (director); Oscar Roque (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Northmount School for Boys’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 137973350RR0001), or read how we compute the receipt.