EdPowerment’s Fiduciary Commitment to You
EdPowerment practices transparent accounting of all its financial transactions. U.S. oversight and analysis of expenses and receipts on an ongoing basis work to ensure that all monies reach their intended beneficiary.
No salaries are paid to EdPowerment's Board of Directors, who volunteer their time and skills to this mission. There is no U.S. staff. We depend on service providers such as GoDaddy for website and other needs.
Support from EdPowerment’s founder exceeds all administrative costs in the U.S. and Tanzania, allowing 100% of contributions to directly fund EdPowerment’s programs. We target these funds to achieve our mission with the greatest efficiency and impact.
2023 Financial Highlights
| Income: | US$ |
|---|---|
| Individual donations: | 124,864 |
| Foundations: | 25,000 |
| Online Fundraisers: | 7,447 |
| Other: | 200 |
| TOTAL INCOME: | 157,511 |
| Expenses: | |
|---|---|
| In-Country (Tanzania): | |
| Sponsorships: (Tuition, fees, meals, board, personal needs, transportation, medical and family emergencies): | 55,256 |
| Seminars, Clubs & Trainings: | 18,961 |
| Malnutrition Prevention Program: | 8,217 |
| Business Incubation Center Start-Up (including Wings for Confident Women) | 4,529 |
| Women's Small Business Groups | 4,561 |
| Staff, Transport and Administrative Costs: | 38,877 |
| U.S. | |
| Management Trips: | 6,205 |
| Other Administrative Costs: | 11,089 |
| TOTAL EXPENSES: | 147,695 |