Standards for Charitable Solicitations

1: Soliciting organizations shall provide on an annual report. The annual report, an annually-updated written account, shall present the organization's purposes; descriptions of overall programs, activities, and accomplishments; eligibility to receive deductible contributions; information about the governing body and structure; and information about financial activities and financial position.

DIRECT-AID CAMBODIA is publishing every year an annual Report!

2: A reasonable percentage, at least 50%, of total income from all sources shall be applied to programs and activities directly related to the purposes for which the organization exists.

According to our financial statements for the fiscal year ended August 31, 2002, DIRECT- AID CAMBODIA spent $83,072, or 89%, of its total income ($84,168) on program service expenses.

3: Fund raising costs shall be reasonable, not to exceed 35% of related contributions.

According to our financial statements for the fiscal year ended August 31, 2002, DIRECT-AID CAMBODIA fund raising costs were 5,7% ($4797) of related contributions, which totaled $84, 168. (Related contributions are donations received as a result of fund raising activities.)

4: Total fund raising and administrative costs shall be reasonable, not to exceed 50% of total income.

According to our financial statements for the fiscal year ended August 31, 2002, DIRECT-AID CAMBODIA fund raising and administrative costs costs were11% ($9344) of related contributions, which totaled $84, 168. (Related contributions are donations received as a result of fund raising activities.)

5: Soliciting organizations shall have an active governing body. An active governing body (board) exercises responsibility in establishing policies, retaining qualified executive leadership, and overseeing that leadership. An active board meets formally at least three times annually, with meetings evenly spaced over the course of the year, and with a majority of the members in attendance (in person or by proxy) on average.

DIRECT-AID CAMBODIA board of directors met once every month during the fiscal year ended August 31, 2002.

6: Soliciting organizations shall have an independent governing body whose directly and/or indirectly compensated board members constitute no more than one-fifth (20%) of the total voting membership of the board.

No persons on DIRECT-AID CAMBODIA 12 member board are paid staff. As a result, 0% of the voting board of directors are directly compensated.

DIRECT-AID CAMBODIA meets the Standards for Charitable Solicitations!

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