Rating reports
Key data
| Income | £270,000 |
| Programme ratio | 94% |
| Admin. expenses ratio | 4% |
| Fundraising efficiency | 2p |
Output
6 schools constructed to benefit 6,200 children
>140,000 women & children benefitted by medical work
Reports
- Afghan Connection
- Africa Educational Trust
- Africa Now
- African Initiatives
- AfriKids
- Andrew Lees Trust
- BasicNeeds
- Blue Dragon
- Book Aid International
- Build Africa
- Cambodia Trust
- Excellent Development
- Health Unlimited
- Homeless International
- IMPACT Foundation
- International Childcare Trust
- MicroLoan Foundation
- Motivation Charitable Trust
- MSAVLC
- MyC4
- Nepal Leprosy Trust
- Pestalozzi Overseas Childrens Trust
- Prospect Burma
- Pump Aid
- Refugees United
- Riders For Health
- ShelterBoxTrust
- SolarAid
- Survivors Fund
- Target Tubercolosis
- Tools for Self-Reliance
- Tree Aid
- VETAID
- Vision Aid Overseas
- Women and Children First
Dr. Fane was inspired to switch her degree course from languages to medicine after working in rural India. Her medical training elective course was spent in Pakistan. In order to attend to female patients there, blonde and blue-eyed Dr. Fane was disguised as a man to travel around the region, with her taking considerable risks in doing so. In rural Pakistan, she came into contact with Afghan refugees for the first time. Charity trustees include medical, business, and journalism professionals.
| Key Financials |
|
|||||
| Year end 31 May (£000s) | 2004 | 2005 | 2006 | 2007 | 2008 | 2009E |
| Income | ||||||
| Project restricted income | 55 | 5 | 160 | 215 | 300 | 400 |
| Unrestricted income | 222 | 82 | 74 | 52 | 75 | 100 |
| Investment income | 1 | 6 | 0.1 | 2 | 3 | 8 |
| Total income | 278 | 93 | 234 | 270 | 378 | 508 |
| Expenses | ||||||
| Project expenses | 102 | 198 | 68 | 426 | 135 | 500 |
| Costs of generating funds | 2 | 4 | 6 | 6 | 8 | 10 |
| Administration expenses | 9 | 11 | 9 | 20 | 9 | 20 |
| Total expenses | 113 | 213 | 83 | 452 | 152 | 530 |
| Balance of project restricted funds | 9 | 0 | 154 | 34 | 45 | 50 |
| Reserves |
210 | 100 | 97 | 35 | 70 | 80 |
| Number of employees |
0 | 0 | 2 | 2 | 2 | 2 |
Afghan Connection does not spend funds until project costs have been raised, reducing the financial risk. This explains the deficit in 2007 and the variations in income used on projects (this averages out across the years).
Construction has to stop during the winter so currently project timing is dependent on fund receipt timing.
Income and expenditure growth varies as a result, as the construction costs are intermittent. The 4 year income growth from 2003 works out at 35% per year, however.
The administrative expenses ratio seemed higher in 2004 and 2006 only due to the lower total expenditure levels and building projects undertaken during those years. The programme ratio is particularly strong, reflecting exceptional efficiency and performance. The charity is run by two dedicated UK staff who were parttime and also partly volunteer until recently. These could and should develop into fully remunerated positions without significant deterioration of ratios if core costs can be funded.
| Key ratios | ||||||
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009E | |
| Proportion of restricted income | 20% | 5% | 68% | 80% | 79% | 79% |
| Proportion of income used on projects | 37% | 214% | 29% | 158% | 36% | 98% |
| Programme ratio | 90% | 93% | 83% | 94% | 89% | 94% |
| Administration ratio | 8% | 5% | 10% | 4% | 6% | 4% |
| Fundraising efficiency | 1p | 4p | 3p | 2p | 2p | 2p |
| Reserve development | 286% | -52% | -3% | -64% | 112% | 7% |
| Number of months of cost coverage | 24 | 6 | n/a | 1 | 8 | 2 |
| Development Ratings estimates |
In 2007, 33% of income was derived from general donations, functions and events, and several Afghan donors. Trusts made up 59% of income and twinned schools raised 6%. The 2% balance is from merchandising income mainly from the sale of Dr. Fane’s beautiful photographs of Afghanistan.
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