Focus: Finance and Governance - The Numbers - Women's Environmental Network

Patrick McCurry

The Women's Environmental Network aims to educate, inform and empower people on issues linking women, the environment and health.

Total income: £451,000 for the year ending 31 March 2005, which is down from £584,000 in 2004.

Highest salary: No member of staff earned more than £50,000.

Reserves policy: Reserves stood at £108,000, equivalent to about 10 weeks' spending. At the previous year-end, reserves were £189,000.

Fundraising costs: The charity raised £182,000 in voluntary income (including legacies) and its fundraising costs were £55,000, giving it a fundraising ratio of 30p in the pound. The previous year's ratio, when voluntary income was much higher, was 16 per cent.

How performance is communicated: The annual report, which is sent out as part of the charity's newsletter, gives a lively description of the charity's work and communicates the enthusiasm of staff in this relatively small organisation. However, neither the annual report nor the trustees' report and accounts spell out the reason for a fall in voluntary income from £341,000 to £182,000 from the previous year. There is a useful website, which flags up the organisation's aims and successes:

The charity says: "The reason for the fall in income was that a three-year grant from the Community Fund ended and was not replaced. The fact that the project ended was mentioned in the trustees' report. During 2004/05 we had a management review and have been changing our structure towards a smaller management team. Our website continues to develop and bring in new members, and the number of visitors to our site per month rose from 14,000 in 2004 to 23,000 in 2005. We have been successful in recruiting two more board members during the year, with two more joining in 2005/06."

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