Procedures and Reporting
Transparency and Accountability
SCAI and its partners in Nepal are fully transparent in their operations and strictly adhere to the Government regulations, both in Australia and in Nepal. The SCAI committee regularly reviews our mission, resources, financial position, compliance with legal requirements and adherence to our ethics. Both SCAI Australia and Sunrise Orphanage Nepal are audited on an annual basis.
SCAI continually strives to keep operating and administration costs in Australia and Nepal to a minimum, with all work in Australia being conducted by volunteers. In the 2010-2011 financial year, our fundraising expenses were kept to only 5% and our other operating expenses to 2% of total income.
On 16 June 2010, SCAI was endorsed as a Deductible Gift Recipient, so any donations over $2 made after that date are tax deductible. All tax deductible donations are held in a separate Public Fund, administered by 3 Trustees.
We would to thank our bookkeepers from DFK Gray Perry and our auditors from Accru Harris Orchard in Adelaide. They generously offer their services to ensure we maintain transparency and accountability in our operations.
SCAI’s policies are currently being updated and will be posted here soon.