It is of utmost importance for the civil society to lead by example when it comes to transparency, especially when it is aiming to fight corruption and help set new standards of governance. And for that, we should all insist that independent auditors’ reports be presented to the general public.
Our audit report proves to our 25,712 donors how conscientious the 52 Beit el Baraka team members are:
1. Overheads are at 1.9% of the total budget (NB: the founder has no financial remuneration).
2. Our stock count margin of error is below 1%, and our 225,686 beneficiaries database, as well as our food and medicine stock are all digitized: we can trace every single product movement, beneficiary points balance, addresses, contacts, warehouse activity all on one software.
3. Our international and local donor activities are shared monthly with the independent audit firm FSE (CPA #: 2191) that evaluates all the internal Monitoring & Evaluation Impact Reports we send to our donors (these reports show our donors exactly how their money was spent: 3 quotations, original receipts, contacts, detailed addresses, pictures…).
4. Our numbers also reflect how keen we are on presenting to our donors solution-based proposals that have a long-term impact on beneficiaries and their respective communities: every amount spent on one beneficiary has to impact the community through sustainable models (such as investing in small businesses, education, solar panels, job creation, computer labs in underprivileged neighborhoods, public spaces…).