Sources of Funding
At this point in PAK7’s history, most of our funding comes from you, our partners, in the form of grants and donations. Donors from across the world give to make this work possible. Thank you for your part in making this possible.
We do generate a small proportion of income by charging for training, renting our equipment and licensing our programs – in the future we hope to grow this income.
PAK7 publishes an annual report which highlights the work we have been doing, and which gives some detail about the finances for the last year. Please take a look at these documents as they will help you understand the work of PAK7.
PAK7 is still a fairly young organisation and as such our income and expenditure have grown fairly rapidly over the last four years as the team has grown and we have taken on more projects. We are pleased with the progress we are making, even though we do want to grow sufficiently to do more as a team.
PAK7 works with professional accounting firms in the USA and the UK to ensure that we are accounting for our finances correctly. Each year our accounts are reviewed by our accountants, and once our income reaches the appropriate level we will be subject to a full external audit.
PAK7 US is a member of the Evangelical Council for Financial Accountability (ECFA), and adheres to their financial management guidelines.