Introduction: Since 2006, CCAFO has been committed to transparency and accountability. Our accounts have been independently audited in multiple years, including 2007, 2009, 2011, 2012, 2016, and every year from 2021 to 2024. These audits were conducted by respected firms such as Vana Accounting & Auditing Co., Ltd, APV (Cambodia) Co., Ltd, KPMG, and PricewaterhouseCoopers (Cambodia) Ltd. Each audit confirms that donations are managed responsibly and in line with our mission. Our next audit will cover 2025.
How We Use Our Funds: The majority of our resources go directly to education programs, including community preschools, the English Language Project, nutrition support, and teacher training. A smaller portion is used for essential administration, which covers program administration and human resource development. The following highlights our audited financial reports from 2022 to 2024. The Annual Audit for 2025 will be conducted in early 2026.
Financial Report
Grant Receipt in 2024
Donor grant receipts recorded in the 2024 financial year.
Figures are presented in US$ and rounded where appropriate. Amounts shown in US$ reflect each donor’s share of total 2024 grant receipts.
Note: The iHerb Charitable Foundation and EinStrong Foundation funds support sub-grantees, with a some portion amount allocated to CCAFO and iCF Internal Projects
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1,058,462.00 US$
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44,495.00 US$
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8,040.00 US$
-
2,701.00 US$
-
19,060.00 US$
Fund Spent for 2024
Fund expenditures recorded in the 2024 financial year.
Figures are presented in US$ and rounded where appropriate. Amounts reflect expenditures made through CCAFO’s internal projects and sub-grantee partners supported by iHerb Charitable Foundation and EinStrong Foundation.
Note: CCAFO Head Quarter (HQ) manages all project coordination and fund transfers to sub-grantees, including iCF internal projects. The breakdown below demonstrates how resources were distributed among CCAFO programs and partner organizations to achieve educational and community development outcomes.
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47,233.00 US$
-
88,864.00 US$
-
100,256.00 US$
-
499,094.00 US$
-
204,910.00 US$
-
81,497.00 US$
-
79,897.00 US$
-
22,453.00 US$
-
15,516.00 US$
-
20,935.00 US$
Grant Receipt in 2023
Donor grant receipts recorded in the 2023 financial year.
Note: The iHerb Charitable Foundation and EinStrong Foundation funds support sub-grantees, with a some portion amount allocated to CCAFO and iCF Internal Projects.
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1,059,454.00 US$
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1,201.00 US$
-
8,028.00 US$
-
1,892.00 US$
-
30,969.00 US$
-
16,143.00 US$
Fund Spent for 2023
Fund expenditures recorded in the 2024 financial year.
Figures are presented in US$ and rounded where appropriate. Amounts reflect expenditures made through CCAFO’s internal projects and sub-grantee partners supported by iHerb Charitable Foundation and EinStrong Foundation.
Note: CCAFO Head Quarter (HQ) manages all project coordination and fund transfers to sub-grantees, including iCF internal projects. The breakdown below demonstrates how resources were distributed among CCAFO programs and partner organizations to achieve educational and community development outcomes.
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28,099.00 US$
-
99,176.00 US$
-
117,060.00 US$
-
438,947.00 US$
-
326,440.00 US$
-
114,235.00 US$
-
58,840.00 US$
-
17,972.00 US$
-
31,377.00 US$
Grant Receipt in 2022 (Under Construction)
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00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
Fund Spent for 202 (Under Construction)
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00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
-
00 US$
Annual Work Plan
Our Annual Work Plan helps CCAFO stay focused and accountable. It sets clear goals, outlines activities, and links our budget to the needs of children and communities. By planning each year, we ensure that donor support is used effectively and that progress can be measured and reported with transparency.
