Overhead percentage represents what portion of monies collected is spent on administrative or business-related expenses. This includes banking fees, licensure, office supplies, Haitian taxes, communication-related costs such as phone to Haiti and mailing, website-related costs such as domain fees and software, and travel expenses.
Cash Vs. Admin & Programs Expenses
This graph shows the overall allocation of resources, that is, how funds collected are used, whether they go to Haiti Now programs which serve the girls, to U.S. or Haitian administrative expenses, or if they are held as cash. The cash category is money that is being saved to build the residential school for the girls. Additionally, there are resources which were spent on the purchase of textbooks and school supplies for the girls. These continue to be distributed; the chart does not reflect this because the price was paid in prior years.
Statements of Activities