Complete financial transparency with all funds exclusively directed toward charitable purposes
Our foundation meets all Zoom for Nonprofits eligibility criteria: Annual budget under USD 10 million, all funds used exclusively for charitable purposes, and properly maintained audited accounts. Below is our complete financial disclosure demonstrating compliance with these requirements.
Transparent financial reporting demonstrating compliance with nonprofit financial standards
"Our foundation operates on a not-for-profit basis with annual budget under USD 10 million. All income is applied exclusively toward charitable purposes as defined in our Memorandum of Association, with no distribution of profits to members or directors."
Annual operational budget
Independent audited accounts demonstrating proper financial management and compliance
All financial statements are audited annually by independent Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI). Audits confirm proper accounting practices, compliance with Section 8 company regulations, and exclusive use of funds for charitable purposes.
Audit Period: April 2023 - March 2024
Audit Period: April 2022 - March 2023
Audit Period: April 2021 - March 2022
Firm Name: Mehta & Associates, Chartered Accountants
Registration: ICAI Firm Registration No. 123456
Address: 123 Financial District, New Delhi 110001
Contact: audit@mehtaassociates.com | +91 11 2345 6789
3 consecutive years
Comprehensive compliance with all regulatory requirements and transparent reporting standards
| Regulatory Requirement | Our Compliance | Documentation |
|---|---|---|
| Annual Financial Audit | Independent audit by Chartered Accountants | Audit Reports (3 years) |
| Income Tax Returns (ITR) | Annual ITR filing under 12A registration | ITR Acknowledgments |
| ROC Compliance (Section 8) | Annual filings with Registrar of Companies | ROC Forms AOC-4, MGT-7 |
| GST Compliance | Regular GST returns and payments | GST Returns |
| FCRA Compliance (if applicable) | Foreign contribution reporting as required | FCRA Returns |
Program Spend
Admin Cost
Fundraising Cost
All metrics within nonprofit best practice ranges
Annual budget range: USD 2-4 million (verified by audited financials)
100% of funds directed to charitable programs (85%+ program spend ratio)
3 years of clean audited financial statements available
Complete set of financial documents for verification and due diligence
Comprehensive annual reports including financial summary, program impact, and governance updates
Official certificates confirming our tax-exempt status and donor tax benefits
Legal registration and incorporation documents establishing our non-profit status
We are committed to maintaining the highest standards of financial transparency. All our financial statements are independently audited, publicly available, and demonstrate our compliance with all regulatory requirements. We welcome scrutiny from donors, partners, and regulatory authorities as part of our commitment to accountability and ethical financial management.