As much as OVCT Organization gets funds, first from her members contribution, second as we receive any donation from any donor, we will use it effectively according to its purpose. We have used resources as much as the Organination members contribute rightly according to the purposes targeted by the all members of the Organization.
Thirdly, we must publish an Annual financial report and send it to the donors and to every one else touched by the whole activities of the Organization throughout the year. Also we publish a Quarterly Financial Report if any donor needs it or needs to get every Quarter Financial Report for the donation they give, we send it to them.
We appreciate every donation we get.
Annual Financial Report July 2012 to June, 2013.
The organization has collected Total of TZS 813,700/= (Eight thirteen thousand seven hundrend shillings) from members contribution.
The Organization also has used 813, 700/= (Eight thirteen thousand seven hundred shillings) for these following categories:-
1. For supporting orphans and vulnerable children 60%
2. For office use (Administration and Management) 30%
3. For other expenses 10%.
The organization need to get TZS 8,500,000/= (Eight Million five hundred thousand shillings) which is equal to USD 5700 (fIve thousand seven hundred US Dollars) to achieve its goals for the next financila year. We would be of great joy to get your financial or materially donation of any amount to make these goals achivable.
Thank you and contact us by our Email provided on our Website for your more communication about how you can donate to us.
All the best to you.
Yours,
OVCT Working Team.
The OVCT Annual Financial Report from July 2013 to June, 2014:
Income.
Total income for last year is TZS. 1,228,000/=
The income source is from OVCC members contributions, TZS 728,000/= and from the County Fund, which was donated by the District government leaders to OVCC , TZS 500,000/=.
So Total income is TZS 1,228,000/= although OVCC members have also contributed other materials such as clothes and food the costs which is not included here and was given direct to the orphans and vulnerable children.
Expenditure:
1. Management cost is TZS 158,300/=
2. Services or provision to orphans and vuln. children TZS 541,600/=
3. Transport TZS 194,400/=
4. Costs for HIV/AIDS TZS 115,600/=
5. Costs for visitors and OVCC guests, TZS 218,900/=
Total Expenditure is TZS 1,228,000/=
Every single cent of members contributions and donation was used effectively in accomplishing the goals targeted.
*OVCT ANNUAL REPORT JULY 2014 TO JUNE 2015*
INCOME:
The OVCT income from July 2014 to June 2015 is:-
TZS 3,817,750/=
The source of the income is TZS 1,517,750/= from the OVCC members contributions; and
TZS 2,300,000/= is a donation from Federico Fioretto for the chicken project.
THE EXPENDITURE:
1.Management cost;- TZS 250,000/=
2. Support to the orphans and vulnerable children; TZS 945,750/=
3. Transport TZS 139,000/=
4. HIV/AIDS cost; TZS 151,000/=
5. To buy 100 chickens, food and chicken treatments 2,300,000/=
Total Expenditure:-- TZS 3,812,750/=
The Total Balance is:- TZS 5,000/=
*ANNUAL FINANCIAL REPORT FROM JULY 2015--- JUNE 2016*
INCOME:
1. Members contributions TZS 2,160,000/=
2. Neotopia support TZS 4,378,000/=
3. A stakeholder TZS 1,000,000/=
TOTAL INCOME------------ TZS 7,543,000/=
EXPENDITURE:
1. Service to the orphans and vulnerable children:
TZS 4,429,500/=
2. Transpot TZS 870,000/=
3. Management TZS 1,162,500/=
4. HIV/AIDS TZS 941,500/=
5. Guests costs TZS 135,000/=
TOTAL EXPENDITURE TZS 7,538,500/=
BALNCE TZS 4,500/=
OVCT FINANCIAL REPORT JULY 2016 ---JUNE 2017.
Actually, we used most of time in changing our legal registration from been registered in the Ministry of Home Affairs as Orphans and Vulnerable Children Care (OVCC) to register in the Ministry of Health, Communite Development, Gender, Elderly and the Children as Oblige for Vulnerable Children Tanzania (OVCT), we have little bit worked in helping, supporting and educating the orphans and vulnerable children is some of the villages by providing them with the school materials, food and clothes.
So the Total amount of US Dollars we used in providing the orphans and vulnerable children around in the villages is:- US Dollar 456.
Also we used US Dollar 300 in the registration process.
TOTAL AMOUNT OF MONEY USED IS US DOLLAR 756.
After the Registration as Oblige for Vulnerable Children Tanzania (OVCT), our year regarding to our Constitution starts in January and ends in December.