Financial Transparency
Complete Accountability & Transparent Financial Management
Financial Snapshot 2023
Transparent reporting of our financial operations and budget allocation
Annual Budget Allocation 2023
Detailed Expense Breakdown
| Expense Category | Annual Cost (KES) | Percentage | Impact |
|---|---|---|---|
| Staff Salaries | 5,000,000 | 43.5% | |
| Infrastructure Maintenance | 3,000,000 | 26.1% | |
| School Meals Program | 2,000,000 | 17.4% | |
| School Supplies | 1,500,000 | 13.0% | |
| TOTAL ANNUAL EXPENSES | 11,500,000 | 100% |
Efficiency Ratio:
87% of every donation goes directly to program expenses, with only 13% allocated to administrative and fundraising costs.
Funding Sources
Our diverse funding model ensures sustainable operations and program continuity
Funding Distribution 2023
Detailed Funding Sources
Regular contributions from individual supporters worldwide
Support from international organizations and foundations
Contributions from MJC Church Network members
CSR initiatives from corporate partners
Higher Education Support
Detailed breakdown of our scholarship program supporting students in colleges and universities
| Institution | No. of Students | Cost per Semester (KES) | Annual Support (KES) |
|---|---|---|---|
| Kabarak University | 2 | 90,000 | 360,000 |
| Laikipia University | 3 | 80,000 | 480,000 |
| Bomet University | 2 | 60,000 | 240,000 |
| Gusii Institute | 4 | 40,000 | 320,000 |
| Kayandege Institute | 3 | 35,000 | 210,000 |
| TOTAL HIGHER EDUCATION SUPPORT | 14 | 1,610,000 |
Scholarship Coverage:
- Tuition fees and academic expenses
- Accommodation and living expenses
- Learning materials and books
- Transportation support
Impact Statistics:
Financial Accountability
Our commitment to transparency and ethical financial management
Annual Audits
Complete annual financial audits by independent auditors
Quarterly Reports
Detailed quarterly financial reports to donors and stakeholders
Board Oversight
Regular financial review by Board of Management
Compliance
Full compliance with Kenyan NGO financial regulations
Future Funding Needs
Critical areas requiring immediate financial support for continued growth and impact
Priority Projects Requiring Funding
Perimeter Wall Construction
Essential for school security and student safety at Gracie's Academy
School Transportation
Reliable van for student transport from remote areas
Boarding Facilities
Safe accommodation for students from distant locations
Classroom Expansion
Additional classrooms to reduce overcrowding
Support Transparent Impact
Every donation is tracked, reported, and directly contributes to transforming lives in Kuria, Kenya.