Financial Reports

Financial Reports

Financial statements, audits, and expenditure reports of African Sahara Charity Foundation. As a newly established organization, detailed financial reporting will begin with our first fiscal year.

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Financial Reporting Commitment

African Sahara Charity Foundation is committed to financial transparency and responsible stewardship of resources. We maintain accurate financial records and will publish audited financial statements on an annual basis.

As a recently incorporated nonprofit (September 2025), our first full fiscal year is currently underway. Audited financial statements for our first complete fiscal year will be published in this section following the completion of our annual audit.

Note: Detailed financial reporting including balance sheets, income statements, cash flow statements, and explanatory notes will be available here once our first audited financial statements are complete.

Current Financial Information

Organization Overview

  • Legal name: African Sahara Charity Foundation
  • EIN: 42-1916682
  • Incorporation date: September 5, 2025
  • Jurisdiction: State of Delaware, United States
  • Entity type: Delaware non-stock nonprofit corporation
  • Fiscal year: January 1 - December 31
  • Current status: IRS-recognized 501(c)(3) tax-exempt public charity

Secure Donation Methods

African Sahara Charity Foundation accepts charitable contributions through secure online donations, ACH, wire transfers, grants, and other approved giving methods.

To protect donor security and reduce the risk of fraudulent transactions, our banking information is not published publicly on this website.

Donors, foundations, corporations, government agencies, and international organizations wishing to make donations via bank transfer or wire transfer are welcome to contact our Finance Office for secure payment instructions.

Finance Office
finance@as-cf.org

All donations are processed securely and acknowledged in accordance with our Donation Policy and applicable U.S. nonprofit regulations.

Donate page

Financial Management Practices

Even prior to formal audited financial statements, African Sahara Charity Foundation follows sound financial management practices:

  • Segregation of duties for financial controls
  • Regular board oversight of financial matters
  • Use of accrual accounting principles
  • Maintenance of complete and accurate financial records
  • Compliance with Delaware nonprofit regulations
  • Preparation for annual independent audit

Upcoming Financial Reporting

The following financial documents will be published in this section as they become available:

  • Annual audited financial statements
  • Independent auditor's report
  • Form 990 (filed annually as a recognized 501(c)(3) organization)
  • Annual reports with financial summaries
  • Periodic financial updates to the Board of Directors
Transparency Note: All financial information published by African Sahara Charity Foundation will be prepared in accordance with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations and reviewed by our Board of Directors prior to publication.