Financials, Tax, and Policies - Friends of Ngong Road

Friends of Ngong Road’s operating principles emphasize a strong focus on ensuring that donor investment and trust are well placed and drive measurable outcomes. Given the concern about corruption in Africa, financial accountability has received a great deal of focus from the organization’s U.S. Board members.

Annual Report

Friends of Ngong Road has engaged independent auditors since 2009 and received an unqualified, clean audit opinion every year.

Audited Financial Statements

The financial processes and controls at Ngong Road Children’s Foundation (NRCF), Friends of Ngong Road’s sister organization in Kenya, were developed in 2007 in consultation with a Kenyan audit professional. The financial statements have been reviewed by an independent auditor each year in Kenya, and in 2016 and 2017 significant improvements were made to NRCF’s financial infrastructure. The sister organizations continue to refine their controls and operate with strong financial infrastructure, including modeling and forecasting tools that allow leaders to understand the financial levers that drive operations.

Federal Tax Filings: Form 990

Each year, Friends of Ngong Road files a Form 990 with the IRS. Form 990 is required of all U.S. non-profit organizations and provides information about the financial results and governance of the organization. Additional financial information is also available in the Audited Financial Statements.