Finance Score: 1
Governance Score: 0
Support Score: 0
  • Low unrestricted reserves: -2
  • Fundraising costs low: +3
    • No supporters identified
    Overall GiG Score: 1 ?

    EDUCAID SIERRA LEONE 

    EducAid is a UK-registered charity that promotes and provides high quality, holistic education among the underprivileged young people of Sierra Leone. Our vision is a democratic, dignified and globally-engaged Sierra Leone, where poverty is eliminated by educated citizens who are able to develop their personal, social and economic wellbeing.
    Analysis by Giving is Great

    Positives:

    • There have been no material income shortfalls in recent years
    • Fundraising costs are low relative to funds raised

    Financial issues to consider:

    • Unrestricted reserves appear to be dangerously low at the latest year end

    Financial Data ?

    Income & Spending ?
    Sources of Income ?
    Y/E Income
    £k
    Spending
    £k
    Surplus/
    Deficit
    Fundraising
    Cost £k
    Total
    Funds £k
    Unrestricted
    Funds £k
    Mths
    Rsrvs
    Staff Volun-
    teers
    31/08/22£764£759£5£58£276£1582.5611
    31/08/21£789£729£60£39£275£2524.1587
    31/08/20£813£813£0£51£237£2373.5620
    31/08/19£735£822£-87£91£236£2333.41122
    31/08/18£708£734£-26£88£324£2163.51286
    31/08/17*£905£902£3£73£350£22631690
    31/08/16£882£535£346£37£346£2515.61750

    Financial Ratios
    Fundraising Costs/Relevant Income: 7.5%
    Fundraising Costs/Total Spending: 7.6%
    Senior Staff Costs/Total Spending: 10%
    Highest pay band: £60,000-£70,000
    Liabilities/Assets: 24%
    Liabilities/Income: 11%
    Unrestricted Funds/Total Funds: 57%
    Reserves/Spending: 2.5 months
    Net Current Assets/Spending: 3 months
    Quick Ratio: 2.7
    Asset Split ?
    Established: 9 years

    www.educaid.org.uk

    info@educaid.org.uk

    07540290985

    Charity Commission for England and Wales
    UN SDGs
    ?
    Listed activities
    • Education/Training
    • Overseas Aid/Famine Relief
    GiG Classification
    • International education & child welfare
    How it operates
    • Provides buildings/facilities/open space
    • Provides human resources
    • Provides services
    Where it operates
    • Sierra Leone,
    Who it helps
    • Children/Young People
    Who works here?
    • 61 employees
    • 1 volunteer

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Trustees (7)
    Current Trustees appointed
    Gender Split

    Legal constitution
    • Charity registered in England & Wales on 17/08/2015, number: 1163161
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Complaints handling
    • Conflicting interests
    • Investment
    • Paying staff
    • Risk management
    • Safeguarding vulnerable beneficiaries
    • Volunteer management
    Filing Record
    7 returns made; AR17: 2 days late,
    Main office

    93 Tabernacle Street
    LONDON
    EC2A 4BA

    Objectives

    TO ADVANCE THE EDUCATION OF PERSONS LIVING AND STUDYING IN SIERRA LEONE.

    Data Sources

    Charity Commission for England and Wales
    CharityBase
    Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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