SAVE USE OF FUNDS

People who contribute to nonprofit organizations have a right to know how their money is being used and who is using it. We are proud to report that the National Association of SAVE earns high marks from those agencies whose job it is to monitor the activities of nonprofit organizations.

SAVE is fiscally conservative in its allocation of donor dollars. According to the National Charities Information Bureau, nonprofit organizations should spend at least 60 percent of their budget on programs, with remaining funds going to administrative and fund-raising expenses. At the National Association of SAVE , 84 percent of revenues go to programs and technical support, while the remaining monies pay for management, general expenses, program improvement, and fund-raising.

SAVE meets or surpasses these guidelines for nonprofit organizations, established by the National Charities Information Bureau (now known as the BBBWise Giving Alliance) (www.give.org):

• Internal accounting controls;
• Active board membership;
• Qualified board members;
• Evidence of pluralism and diversity;
• No practices that create false impressions or misunderstandings;
• 60 percent or more of annual expenses allocated to program activities
• No persistent deficit in assets;
• Fiscal responsibility and accountability; and
• Full disclosure of revenue and expenses.