NAFofA believes in full disclosure of all funds received and spent.  This shows the accounts for NAF Ghana for the 2010-2011 tax year.  If you have any questions, use the contact us link and we'll gladly respond.

NAF GHANA ACCOUNTS 1 July 2010 thru 30 June 2011 Direct and Overhead Breakdown Ghana Cedis US Dollars % of Total expenses Direct Expenses 32,110 21,887 93.02% Overhead Expenses 2,410 1,643 6.98% Grand Total 34,520 23,530 100.00% NOTE: The office rent was paid for 4 years. Had the rent been included (840 USD), the overhead expenses would have been 10.07% NAF Ghana Expenses Annual Ghana Cedis Monthly Average Gh Cedi Annual US Dollars Monthly Average US Dollars % of Total NAF Ghana Expenses Home Total (salaries, school uniforms, supplies, Suhum school fees) 30,430 2,536 20,742 1,728 88.15% Total After School and Home School 1,680 140 1,145 95 4.87% Total Office 2,220 185 1,513 126 6.43% Bank Charges 190 16 130 11 0.55% NAF GH TOTAL EXPENSES 34,520 2,877 23,530 1,961 100.00% NAF Ghana School Expenses Annual Ghana Cedis Monthly Average Gh Cedi Annual US Dollars Monthly Average US Dollars % of Total NAF Ghana Expenses Home School (2 months only) 600 300 409 204 1.74% Suhum School 9,387 782 6,399 533 27.19% After School Teachers 1,080 90 736 61 3.13% Total Education Expenses 11,067 922 7,544 629 32.06% Monies Received Ghana Cedis US Dollars Balance at start of year 20,473 13,955 NAFofA Contributions 36,677 25,000 Other Donors 125 85 Loan Received 4,300 2,931 Total 61,574 41,971 Total Expenses 34,519 23,529 Loan to be Paid Back (4,300) (2,931) Year End Balance 22,755 15,511 Item per Child Annual Ghana Cedis Monthly Average Gh Cedi Annual US Dollars Monthly Average US Dollars % of Total per Child Expenses TOTAL Cost per child 3,138.10 261.51 2,139.04 178.25 100.00% Education Average per child 1,006.12 83.84 685.81 57.15 32.06% Basic Care (total - education) 2,131.97 177.66 1,453.23 121.10 67.94%