Transparency

Audit Transparency

We publish high quality information on the impact of nonprofits in order to enable nonprofits and funders to make evidence-based decisions. We are committed to:

  • Publish impact audits with the consent of the nonprofit.
  • Encourage nonprofits to publish the findings of their impact audit, but respect the decision of nonprofits that elect to not publish.
  • Publish statistics on how many impact audits have been conducted, concluded and published, and concluded and not published.
  • Explain the basis of our findings to the nonprofit, and if published, to the public as well.
  • Protect the confidentiality of all private documents and data shared with us.
  • Disclose real or perceived conflicts of interest.
  • Publish our Impact Audit Standard and guidelines for how we assess nonprofits.
  • Seek public comment and expert critique of our Impact Audit Standard and our impact audits.

We recognize the challenges that nonprofits face in securing and maintaining support from funders. Our objective is to support nonprofits that are generating impact. Therefore, we give nonprofits the right to withhold the final results of the impact audit from publication. We retain some rights to share the existence and findings of the engagement privately. However, in the event a nonprofit asks us to withhold the impact audit, we will not publicly post the results of the impact audit.

We allow nonprofits to withhold the report from publication for three reasons:

1  Guide, not shame

We encourage nonprofits to become more evidence-based. If the penalty for poor data is too high, few nonprofits will be motivated to critically examine their own operations.

2  Avoid jeopardizing the quality of analysis

We ask nonprofit's to share private information and answer tough questions. If any information will be exposed without the nonprofit's approval, there is a strong disincentive to share negative information.

3  Do not penalize good nonprofits that to date lack data

We base our findings in an impact audit on the best available evidence. For some nonprofits, that evidence might be weak. Withholding that analysis enables them the opportunity to improve their evidence base.

Impact Audit Statistics

Impact audits concluded and published

12

Impact audits concluded but not published

3

Finances

Through July 2017, ImpactMatters was incubated at Innovations for Poverty Action. ImpactMatters will post 2017 financial statements in 2018..

Conflicts of Interest

All staff and members of the Board of Directors are required to declare any potential conflicts of interest in relation to the nonprofits we are auditing.

We require real or perceived conflicts to be disclosed, including:

  • Prior, current or planned working relationships between the nonprofit and the disclosing individual and any immediate family members of the disclosing individual, even if no salary or payment was involved.
  • Prior, current or planned board or advisory relationships between the nonprofit and the disclosing individual and any immediate family members of the disclosing individual.
  • Prior, current or planned financial relationships of any kind between the nonprofit and the disclosing individual and any immediate family members of the disclosing individual.
  • Prior, current or planned funding relationships of any kind between the nonprofit and any entity in which the disclosing individual and any immediate family members of the disclosing individual have a management or governance role.

Depending on the nature of the conflict, we may request the individual recuse herself or himself the impact audit process. If you have a concern, please contact us at info@impactm.org.