Transparency & Financials

Every rupee counts, and we count every rupee.

Our community partners are one of our largest single donor groups. In 2021-2022, community members donated 15,357 full days of manual labor to our projects – a value of over $102,616 when calculated at local rates. We have a responsibility to our donors and our communities to ensure that every cent of a project is properly spent and accounted for.

Our transparency process begins in our partner communities. Large Public Audit Banners are posted in public view at each project for the duration of the project and display our budgets and expenditures. This allows everyone in the community to know exactly how funds are spent, and people in the community are encouraged to ask questions and provide feedback. Once a project is complete, community members sign the banner as a sign of their approval that all funds were used as they were intended.

The audit process
Community members reviewing a Public Audit Banner

We remain committed to this transparency through all financial controls in our Nepal and US headquarters, covering all of our transactions from rural villages to the US Internal Revenue Service. Every year, we perform what we call a ‘triple audit’. Communities in Nepal publicly audit all projects upon completion and handover to the community. We then conduct an annual audit in Nepal of all expenses in our Nepal office. And finally, even though the State of Colorado does not require financial audits, we choose to undergo this rigorous process annually as an opportunity to improve our systems and demonstrate that we are spending our donor funds with integrity. This organization-wide audit is done by Gelman, Rosenberg & Freedman – a leading accounting firm that specializes in international organizations.

We are proud of our financial systems and commitment to transparency. Our audited financials, IRS documents, and impact journals are available to review below.

Audited Financials

Annual Project Updates

Annual Reports