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Financial Accountability |
Here at Kenya Children's Fund, we work hard to ensure that every dollar you so generously donate is directed to where it is intended. We do not take administration fees out of sponsorship payments, Care Basket Donations or gifts for your child. Every dollar designated for the work in Kenya will be used for our children's welfare. That's why we are one of the few organizations of our size that can consistently state that on average more than 84 percent of all our expenditures go to program activities for our children. We maintain full transparency of our finances and strict accountability of our resources as verified by our annual auditor. Details are aveilable in a link to the MN Attorney General Office in which you can see our 990 and get more information regarding our finances. In the fiscal year 2011, KCF finished in a stronger financial position than 2010, with total revenues of $613,969. Of the revenue raised in 2011 we sent $373, 918 to KDS with another $72,178 raised for the completion of the secondary school which is being dispensed in 2012. Of this revenue, 98 percent came from individual donors like you. We are so grateful or your generosity, loyalty and passion for our ministry. We are happy to report that of our 2011 total expenses, 84 percent of funds were used for Please call Christine Petry, Director of Finance and Human Resources, with any questions regarding our commitment to keeping the integrity of your donations and our financial accountability.
*Operating expenses, based on total revenue, 2011. |
