Geres undertakes to provide precise, rigorous accountability to its members, donors and financial partners.
Pursuing a threefold objective of structuring, improvement and greater transparency, Geres has been committed to a quality approach since 2012. That approach provided for several stages of support and advice, evaluation and bringing into line with the IDEAS Label.
In October 2014, Geres obtained a satisfactory score against the 120 indicators of the IDEAS Guide in the final evaluation conducted by external experts which led to obtaining the label. In 2019, the label was renewed following a new phase of audits and support.
2018 KEY FIGURES
A 7% rise compared with the 2017 budget. Public and private grants provide the bulk of Geres funds, a proportion of which also comes from payments for our services and generous public donations.
Generous public donations
Despite an unfavourable outlook in 2018, gifts and memberships have increased considerably in relation to 2017. This essential support enables us to allocate funds to the projects with the greatest need.
Funds invested in the field
This is the proportion of funds directly invested in our field work. The remainder corresponds to HQ operating costs, fundraising, our surplus and depreciation charges.
Projects in West Africa
Large-scale projects meant that, in 2018, West Africa became Geres foremost area of operation in terms of budget share. We also operate in Europe (16%), Central Asia (18%) and South-East Asia (17%).
Origin of funds in 2018
Uses of funds in 2018
A management control team ensures that all projects comply with internal and external procedures. The expenses incurred and financial reports of projects implemented by Geres undergo annual external audits and may be the subject of additional audits commissioned directly by the funder during or after the project.
Furthermore, as provided by law, Geres accounts signed off by the Board of Directors are audited by an external auditor every year. On completion of the task, the auditor issues a report to certify that “having regard to French accounting rules and standards, the annual accounts give a true and fair view of the result of operations during the past financial year, as well as of Geres financial and asset position”.
Geres Annual General Meeting entrusted the task of auditing its annual accounts to:
Mr. Bruno Llinas
Statutory Auditor, member of the Regional Institute of Statutory Auditors of Aix-en-Provence, 393 avenue du Prado,13000 Marseille