Financials
Financial Statement
Project Zawadi achieved its goals of modestly increasing fundraising and modestly decreasing expenses during the fiscal year (June 1, 2022-May 31, 2023) to end in a strengthened financial position. Net Assets represent the reserves that we carry over to ensure operations proceed without disruption.
For FY24 we project 13% growth in income. To manage risks associated with potentially not reaching our fundraising target, we have budgeted for only an 8% increase in spending.
Annual Reports
Our annual reports highlight our program achievements, summarize our financials, and recognize the generosity of supporters and volunteers.
- 2022/2023 Annual Report (5.3MB, PDF)
- 2021/2022 Annual Report (5.5MB, PDF)
- 2020/2021 Annual Report (6MB, PDF)
- 2019/2020 Annual Report (6.6 MB, PDF)
- 2018/2019 Annual Report (7.7 MB, PDF)
- 2017 Annual Report (5 MB, PDF)
IRS Forms 990
Project Zawadi prides itself on using donations in the most efficient and effective way possible. Project Zawadi is committed to transparency in all aspects of operations and to honoring the donor rights outlined in our donor relations policy. We encourage you to review our financial statements and to contact us directly at info@projectzawadi.org for additional information.
FY2022 - 990 Form
FY2021 - 990 Form
FY2020 - 990 Form
FY2019 - 990 Form
2018 - 990 Form (partial, new June-May fiscal year (FY) adopted)
2017 - 990 Form
2016 - 990 Form
2015 - 990 Form
2014 - 990 Form
2013 - 990 Form
2012 - 990 Form
Project Zawadi is rated highly on both Charity Navigator and Guidestar (now called Candid).