FESA ACCOUNTABILITY STANDARDS
FESA
USA, Inc. is a qualified 501 (c) (3) tax- exempt
organization with Federal Tax ID # 20-8597267. As a
public charity, all the donor's contributions are
tax-deductible under the section 170 of the Internal
Revenue Code.
See our
tax-exempt status determined by the IRS
here
FESA USA, Inc. follows strict accountability
standards in order to comply with local, state
and
federal regulations. We
follow general accepted accounting principles (GAAP)
and use the services of an independent certified
public accountant to review our accounting
procedures.
We
are willing to disclose, on request, all relevant
financial information, including functional
allocation of expenses and contributions, and annual
budget. We were founded in 2007 and potential donors
can find our annual reports for 2007 (here), 2008 (here), 2009
(here),
and
2010
(here).
FESA USA, Inc depends 100% on receiving substantial
contributions from its fundraising activities
chaired by our Board of Directors (learn more about
us
here). Our board exercises adequate and strict
control over the costs to maximize the disbursements
in supporting our mission (learn more about our
mission
here).
Solicitations and information materials are accurate
and do not mislead the public. Our programs and
fundraising activities are initiated for the solely
purpose of benefiting the youth in El Salvador.
We
do NOT sell goods. We do NOT provide services. We do
NOT sell memberships. We solicit from the public
based on state and federal regulations and are
registered for that purpose in the states of
California, Florida, and Texas.
Our Board is actively involved in governing the
organization's activities and meets once per month.
In order to comply with ethical principles,
FESA
USA, Inc DOES NOT directly or indirectly
compensates board members nor is engaged with
transactions in which board members have conflicting
interests. We have an internal conflict of interest
policy that any potential donor can review
here.
FESA USA, inc also promotes pluralism and diversity
within the organization's board, staff and
constituencies. We maintain an organizational
commitment to ethical and honest behavior in our
charitable programs and activities.
By giving, you
make a difference in the lives of our student body, now and in the
future.
Because FESA
USA, Inc. is a 501 (c) (3), tax-exempt non-profit (review our status
here), donors can take full advantage of income, capital gifts, and estate tax deductions.
Click
here
to discover an amazing world of charitable options.
DISCLAIMER
All gifts are subject to
FESA USA, Inc.’s gift acceptance policies and are tax-deductible as provided by law. We also urge you to consult your attorney and/or financial adviser to determine which method of giving best meets your philanthropic goals.