Financial Transparency Policy

Each year, our leadership team develops a detailed, line-item budget that outlines expected income and expenses for the entire organization. This budget is:

 • Carefully constructed based on historical data, projected needs, and strategic priorities.

 • Vetted by our Finance and Executive Teams to ensure alignment with organizational goals and financial sustainability.

 • Reviewed and approved by our Board of Elders at the June elder meeting, ensuring proper oversight and governance.

You can view a snapshot of the budget categories and allocations in the 2026-27 Fiscal Year Finance Report below.

To uphold transparency and accountability, our finances undergo an annual review by an independent third party. This process includes:

 • A detailed audit or financial review, prepared in partnership with our external accounting and CPA firms.

 • Submission of the final reports to both our Board of Elders and financial institutions (e.g., our bank) to demonstrate compliance and financial health.

 • Implementation of any recommended improvements or best practices to enhance financial operations and controls.

To ensure responsible spending and financial stewardship, we have established a structured approval and monitoring system.

Spending Authorization:

 • Team members and department managers have pre-defined spending approval limits, which vary based on their role and the organization’s current financial position.

Expense Monitoring:

 • Our Finance Team, in collaboration with an independent outside accounting firm, conducts monthly and quarterly reviews of actual expenses compared to budgeted amounts.

 • These reviews involve direct engagement with campus and departmental managers to ensure accountability and adherence to budgetary guidelines.

 • Any significant variances or unexpected expenses are addressed promptly to maintain financial stability.