Financial Commitment
World Help is committed to faithful stewardship of funds entrusted to us by donors. We promise to use gifts wisely and effectively in Christ’s Name.
World Help, Inc. is a nonprofit, Christian organization chartered by the State of Virginia and tax exempt by the Internal Revenue Service under code section 501(c)(3). The bylaws governing this ministry direct that resources be used to reach out in love to those who have never heard the Gospel of Jesus Christ. Contributions are used to accomplish this purpose.
We are committed to fulfilling the following standards:
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We subscribe to a written statement of faith clearly affirming our commitment to the evangelical Christian faith.
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We are governed by a responsible Board, the majority of whom are not staff members or relatives of staff members. The World Help Board meets at least semi-annually to establish policies, set budgets, oversee the organization's financial practices, and review ministry accomplishments.
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We obtain an annual audit which is performed by an independent public accounting firm in accordance with generally accepted auditing standards (GAAS) with financial statements prepared in accordance with generally accepted accounting principles (GAAP).
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We have a functioning audit review committee appointed by the Board, the majority of whom are not staff members or the relatives of staff members, for the purpose of reviewing the annual audit and reporting its findings to the Board.
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We provide copies of our current audited financial statements upon written request.
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We seek to conduct our activities with the highest standards of integrity and avoid conflicts of interest.
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Our fundraising appeals clearly identify the purposes and programs to which donations will be applied, and we ensure that donations are used for the purposes for which they are raised.
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We are members in good standing of the Evangelical Council for Financial Accountability (ECFA).
World Help strives to keep overhead costs to a minimum using only 7% for the administration of our various projects. Only 4% is used for fundraising with 89% for ministry projects. All gifts designated for specific purposes are used as designated.