Accountability
Audited every year. Publicly profiled.
Audited, filed, and published. See the numbers for yourself.
Financials
"Moreover it is required in stewards that one be found faithful." 1 Corinthians 4:2, NKJV
We strive to be faithful stewards of the gifts entrusted to us. Scriptural standards are the means by which we make ourselves accountable to you, those we serve, and most of all to God. We are committed to wise stewardship and to efficiently making the greatest impact while advancing the kingdom of God. We focus on transformational change and self-sustenance that have a multiplying and long lasting effect. As you partner, we as the steward of your donation stand committed to bear much fruit because of your sacred trust. We have a responsibility to maintain integrity and transparency in our financial practice. If you have any questions regarding our finances, please email accounting@favourafrica.org.
Audited financials
The numbers behind the work.
Every number above is sourced from Favor's ECFA member profile and the FY2024 audited financials. No estimates. No projections.
Stewardship
What we promise.
89 cents of every dollar went to program in FY2024. The remainder covers U.S. operations, audit, and donor care. (Source: ECFA-filed audited financials.)
Restricted gifts honor the restriction. We will refund a restricted gift before we redirect one.
Field-level reporting on every project. We tell you what worked and what didn't.
No anonymous outcomes. Every story we publish has a real name, a real place, and a real outcome.
Relationship
All partnering and ministry is built on this foundation.
Research
It's important to us to sow where the need is greatest. Before determining where to expand the ministry, we make sure to pray and research the possibilities.
Receipts
Every receipt is kept for each purchase made or service paid for. They are filed with accurate book keeping in the ministry office and then scanned and emailed back to the partner.
Reports
Reports are given to ministries and supporters on a regular basis. They include acknowledgment of gifts and thank you notes from the office and recipients of the money. We do this to encourage ongoing relationship with the gift recipients.
Records
Each purchase or service relating to designations is recorded accurately with names of recipients, partners, use of money, date, location, and project or person the money was intended for. These records are available to any partner and ministry affiliated with the area of support.
Results
Results of seeds sown and planted are reviewed and re-evaluated. We want to see seed sown on fertile ground. If results are not evaluated regularly, waste can occur. Our reports will continue to be presented months after gifts are given.
Expenses accountability
Where 2024 went.
- Program$6,671,66889.2%
- General$464,1786.2%
- Fundraising$341,2354.5%
We take great pride in our financial efficiency, maximizing every dollar we receive. We use the great multiplier effect (GME) to get the best outcome.
The GME is our way of developing, training, and empowering indigenous faith leaders. These leaders in turn transform their villages and communities. There is no limit to what they can do.
Reports
Impact reports.
Quarterly and annual reports from the field, published since 2020.
Form 990s and audited financials.
Five years of each, plus our IRS determination letter.
EIN 47-5225697 · 501(c)(3) public charity · ECFA-accredited since September 30, 2019.
"God will not be mocked. Those who sow the Kingdom will reap the Kingdom." Carole Ward
Need anything else for due diligence?
Email info@favorintl.org and we will send the financial packet.