Statement of Financial Accountability

We have a responsibility to be faithful stewards and to maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling sound, Biblical standards.

Because the Lord supplies us with resources for ministry through individual contributions, we recognize our accountability both to Him and to our donors. We present needs to God’s people, then trust the Holy Spirit to touch the hearts of those whom He wants to participate in meeting those needs. We have a responsibility to be faithful stewards and to maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling the following standards:

• Subscribing to a written Statement of Faith clearly affirming our commitment to the evangelical Christian doctrine. Advancing the Gospel of the Lord Jesus Christ is the singular objective of our financial conduct.
• Maintaining governance by a responsible and involved Board of Directors, the majority of who are independent according to legal and accountability standards.
• Meeting as necessary to establish policies, approve budgets, and review operational results and ministry accomplishments.
• Using contributions faithfully and wisely, in accordance with our mission of serving people with disabilities and earning the opportunity to share the Good News of Jesus Christ. In this light, fund-raising appeals will clearly identify the purposes and programs to which donations will be applied as the Board provides oversight to ensure that donations are used for the purposes for which they are raised.
• Contracting with an independent public accounting firm to perform an annual audit of our finances and ensure our financial statements are prepared in accordance with generally accepted accounting principles.
• Making our financial statements available upon request.
• Making the annual Form 990 available upon request. We follow a process whereby the Finance Committee of the Board accepts the Form 990 prior to filing with the IRS and the Board receives a copy prior to such filing.
• Appointing a Finance Committee to review the annual audit, other financial documentation, and report findings to the Board.
• Seek to conduct Inspiration Ministries activities with the highest standards of integrity and avoid conflicts of interest.
• Avoid high-pressure, manipulative, or deceptive fund-raising tactics and respect the privacy of our supporters by never selling, leasing, or renting our mailing lists.
• To grow in knowledge and understanding of best financial practices for nonprofits to fulfill the fiduciary duty of care attributable to each Board member.