FINANCIAL ACCOUNTABILITY
- We have a responsibility to be faithful stewards and maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling sound, Biblical standards.
- We present needs to God’s people, then trust the Holy Spirit to touch the hearts of those whom He wants to participate in meeting those needs. Because the Lord supplies us with resources for ministry through individual contributions, we recognize our accountability both to Him and our donors.
- We have a responsibility to be faithful stewards and maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling the following standards:
- We subscribe to a written statement of faith clearly affirming our commitment to the evangelical Christian doctrine. Advancing the Gospel of Jesus Christ is the singular objective of our financial conduct.
- We are governed by a responsible board of directors, currently none of whom are staff members or their relatives. Our Board meets to establish policies, approve budgets, and review operational results and ministry accomplishments.
- Our financial statements are prepared in accordance with generally accepted accounting principles. We obtain an annual audit in accordance with generally accepted auditing standards by an independent public accounting firm, Neral and Company, PA.
- Our Board appoints an audit committee, the majority of whom are not staff members or their relatives, to review the annual audit and report its findings.
- We seek to conduct our activities with the highest standards of integrity and to avoid conflicts of interest. Because we believe that it is God’s place to prompt a response to our fundraising appeals, we do not use high-pressure or manipulative fundraising tactics.
- Our fundraising appeals clearly identify the purpose and programs to which donations will be applied, and we ensure that donations are used for the purposes for which they were raised. Our Board has directed that all contributions designated for specific projects shall be applied to those projects, and we may assess up to 10 percent to be used for administering the gift. Our policy is to meet the needs God lays before us so that Christ is lifted up and the Gospel advanced.
- Contributions to the ministry are tax deductible to the full extent allowed by law. In order to help our donors determine the tax-deductible portion of their gifts, we receipt all donations, showing the fair market value of any goods or services provided to the donor.
- We will not operate this ministry with indebtedness that dishonors the cause of Christ and hinders the work of the Gospel. When we make a purchase, we pay the approved invoice within 30 days.
- Out of respect for individuals’ privacy, we do not sell or rent our mailing list to other groups wishing to use the names and addresses of our supporters. We maintain tight security on our list of friends and supporters.