Reports and Policies

 

StoveTeam International is listed on Great NonProfits, GuideStar, and Charity Navigator.

StoveTeam's administrative and fundraising costs constitute less than 15% of the total budget. StoveTeam employs four staff who manage our program development, evaluate impact, coordinate a team volunteers, and oversee fundraising and administrative efforts.

StoveTeam staff often structures collaborations and grants that go directly to stove projects and are administered by Rotary Clubs and other organizations. These projects and grants are therefore not reflected in StoveTeam’s budget.

Transparency Policies

StoveTeam International is a tax-exempt nonprofit organization with Tax ID 42-1757328, under section 501(c)(3) of the Internal Revenue Code. StoveTeam International seeks to be transparent in its financial operations by making the following information publicly available. It is our goal to be good stewards of the funding we receive and upfront in our plans and the direction of StoveTeam International. In doing so we uphold the following values and procedures:

  • Regular review of current financial statements and reviews of form 990s by the board prior to filing.

  • Publicly available records of financial information, such as a copy of our application for tax-exemption, yearly IRS Form 990s, and annual reports.

  • Sound financial management policies to ensure accountability, monthly reviews of all transactions, and board oversight of internal policies.

  • Maintenance of budgets for each project and volunteer trip that take every expense into account, both projected before the trip and reconciled after the trip.

  • Honest communications and solicitation materials. Truthful and clear communications with donors about how their donations have been used or will be used.

  • A conflict of interest policy that all staff and board review and maintain regularly.

  • Transparent review of all expenditures, expense policies such as a travel expense policy.

  • Appropriate and timely responses to requests for copies of financial reports, as required by the IRS public disclosure requirements.