EdPowerment’s Fiduciary Commitment to You
EdPowerment practices full 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.
2022 Financial Highlights
| Income: | US$ |
|---|---|
| Individual donations: | 111,359 |
| Facebook Fundraisers (including Giving Tuesday) | 6,236 |
| "Educate One More" September Fundraiser: | 41,545 |
| Other: | 6,725 |
| TOTAL INCOME: | 165,865 |
| Expenses: | |
|---|---|
| In-Country (Tanzania): | |
| Individual Sponsorship Costs (Tuition, fees, meals, board, personal needs, transportation, medical and family emergencies): | 54,532 |
| Early Discovery Sponsorships: | 3,504 |
| Other Sponsorship Costs: | 3,017 |
| THRIVE Post-Secondary Skills Program: | 2,662 |
| Seminars & Community Outreach (including drought food relief): | 13,416 |
| Staff, Transport and Administrative Costs: | 31,770 |
| U.S. | |
| Management Trips: | 2,645 |
| Other Administrative Costs: | 6,772 |
| TOTAL EXPENSES: | 118,319 |