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Financial InformationOur donations for 2005 and 2006 were less than $1000; we had no expenses, so 100% of collections went directly into our programs. Charity watchdogs such as Charity Navigator or the Better Business Bureau classify a charity as “5 Star” that designates greater than 70% of its budget to their program. Our goal over the next year is to restrict the administrative and marketing costs to less than 5% of our budget, thus allocating 95% of our revenue directly to programs for the children. Currently our vacation rental program is by far our greatest source of revenue. Supporters donate their homes to be rented; in turn that money is given directly to Projecto Ninos. Donations of homes and hotels are continuing to increase, and we hope and expect that current donors will continue to participate in this worthy program for years to come. Estimated costs for our dream projects are being compiled. After the completion of the bathroom, kitchen and cafeterias, we will start to build the playgrounds. These will be followed up with the libraries and teachers’ quarters. All the while, we will be working to improve our educational development and supplies programs. Finally, with the influx of computers, stoves, refrigerators, ovens, air conditioners and fans, the schools’ budgets for utilities and maintenance will increase. Anticipating this change, we have established an endowment fund aimed at offsetting these newly acquired costs. Thirty percent of our donations will be allotted to the endowment program.
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Who we are | Our Story | Mission Statement | Where we are | Board of Directors | Our Clients | Financial Information
Projecto Ninos, Inc. 1722 Chestnut Ridge Rd, Kingwood, Texas 77339. Email: projectoninos@yahoo.com