Accountability

Fiscal health and oversight

Creative Change takes fiscal management seriously:

• We operate in the black and we have no outstanding debt. Our cash flow is healthy and enables us to meet payroll and all other financial obligations in a regular, timely manner.
• We value a balanced budget and engage in income-based spending. We do not spend what we don't have.
• We retain positive cash fund balances at the end of the year, and direct this toward the next fiscal year.
• We have established an operating reserve to finance cash shortfalls and program growth.
• Our board of directors and management hold themselves responsible for the financial stability of the organization. Board members review financial statements, approve budgets, and set salaries. To ensure transparency and accountability, we follow established policies for approved expenditures, conflicts-of-interest, and other management issues.