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Food Angel (by Bo Foundation)

Major source of income was donation (~$900,000)
Director and her companies had donated ~$600,000
No public fundraising information was shown on the audit report
Fundraising efficiency is estimated by marketing expense
Cost of raising every $100 was about $1
Marketing expense was only about 1% of total expenditure
Project, employee benefit and administrative expenses were about 28%, 63% and 4% of total expenditure
Depreciation was about 4% of total expenditure
No detail breakdown of employee benefit and not sure whether it was related to project
Food Angel was the major charitable activity of the organisation
Food Angel collect and cook the recycled food and put them into ricebox and then distributed to charitable organisations including Christian Action and Tung Wah Group etc.
Food Angel has distributed over 50,000 rice boxes

核查日期:Nov. 3, 2018

Rating
  
Fund Needs
$$$
Fund-raising efficiency
Fund-raising expenses
Project expense
Staff salaries
Administrative expenses
010

Suggestion

To consider disclosing the breakdown of employee benefit
To consider putting up the latest audit report so that the public can understand the operating status better
To disclose the cost of 1 rice box so that the public will understand the operating efficiency

Charity Information

Re-distribute vital resources, minimize wastage </br> Assist the ones in need and who are struggling with poverty</br> Teach our next generation about the importance of protecting our environment, and ways to cherish our mother earth for the love of God.

http://www.foodangel.org.hk/

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