The FECU Social is a Uniform Coded Statistical Record. In simple terms, it is a report or balance sheet that integrates the financial and management aspects of an organization.
The purpose of this document is to fully comply with the information requirements o mobile number philippines f the Ministry of Justice, with due transparency with contributors and other entities of civil society. The objective is to satisfy the requirements of the financial system and inform the general public.
To prepare this document, there is a standard format so that all organizations that prepare it comply with a standard format. In addition, it must be sent to the Ministry of Justice for approval as a valid document.
In 2021, the 9th FECU Social of the Simon of Cyrene Corporation was held . It is a summary of what happened during the year 2020:
1) Cover
2) General information: Letter from our president and the governance structure, objectives, values and main activities.
3) Performance information: Management and financial indicators.
To put together this document, support from all areas is required because they must make a summary of what was done during the year. This provides an overview of each project, with the number of beneficiaries, objectives and activities carried out, achieving an overview of what the organization does.
Support from the administration and finance department is required to complete information on the number of employees and financial reporting. It is very important that this information is clear and concise to achieve the goal of being as transparent as possible in the eyes of any person or organization that needs this information.
This tool has proven to be useful for other nonprofit organizations. It is also useful for the organization itself because it provides a critical look at its own management and the way it has approached the fulfillment of its mission.
FECU Social provides support for donors, members of the organization and anyone interested in investigating the use of resources managed by the Simón de Cirene Corporation, as the income comes from both public and private entities.