Our financial system is subject to an annual independent audit. Individual projects and the central accounting department are closely scrutinized. In addition to the coherence of the accounting, the transparency and comprehensibility of the internal processes are also evaluated here. As in previous years, our financials passed the audit for 2020 and again earned us an unconditional audit opinion.

By accepting donations, we accept the responsibility to use the funds appropriately and effectively. In order to have control over incoming and spent funds at all times, we work with a transparent cash and logging system in all projects. On a monthly basis, the project managers submit their cash statements to the central accounting department in Cologne. All financial movements are checked and documented here. In financial management, we always act according to the principle: no entry without a receipt.

On the following pages, we outline the key facts on the development of our financial position. In this way, we want to make it clear to our donors, with concrete figures, what funds they provide us with in total and how we distribute them among our projects.