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Accountability
Little
Children of the World, Inc. is strictly accountable for all funds
received. It is incorporated as a not-for-profit service organization
and holds the 501{c}3 status with the Internal Revenue Service.
The money received for child sponsorships is sent, in monthly remittances,
directly to the overseas project site for child services. All accounts
are computerized at the Treasurer's Office in Barnesville, Georgia.
An annual audited report is prepared by Robyn Underwood, Auditor,
Barnesville, Georgia.
A
list of donors is published annually and mailed to all LCW donors
together with the quarterly newsletter. A list of child sponsors
is printed monthly on an Excel spread sheet, including the children
currently sponsored and the type of payment arrangement chosen by
each sponsor. The audited report, the list of donors, and the list
of sponsors and sponsored children are available upon request. Form
990 for not-for-profit organizations (2002) is also available upon
request.
The LCW Financial/Sponsorship Office
is located in Barnesville, Georgia under the leadership of Glenna
Waller, LCW VP/CFO. This office is responsible for receipting all
donations and preparing financial reports and budgets. The Barnesville
Office also manages the Sponsorship Program.
LCW
has two governing boards - a Board of Directors and an Advisory
Board.
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