LEGAL
DNPN Corporation, a Massachusetts nonprofit corporation ("DNPN"), is committed to the highest standards of financial accountability. This policy describes how we report our finances, who oversees them, and the internal safeguards that protect every dollar entrusted to us.
Last updated: June 25, 2026 · EIN: 36-5167865
Donors, partners, and the communities we serve deserve full visibility into how DNPN manages its finances. This policy formalizes our commitment to open reporting, independent oversight, and sound stewardship of all charitable resources. It applies to all funds received, managed, or disbursed by DNPN in any fiscal year.
Published each fiscal year
DNPN publishes an Annual Report at the close of each fiscal year, summarizing the organization's programmatic activities, financial performance, and humanitarian impact. Each report includes a complete breakdown of revenue by source (donations, grants, events), expenditures by program and administrative category, and a narrative account of operations in the field. Annual reports are made available to the public on our website and are provided upon request to any donor, partner, or stakeholder. DNPN's commitment to publishing these reports reflects our belief that transparency is a prerequisite for public trust. Donors who contribute $500 or more in a fiscal year will receive the Annual Report automatically.
Form 990 — publicly available
As a 501(c)(3) organization, DNPN files IRS Form 990 annually, disclosing organizational finances, governance structure, compensation of key personnel, and program accomplishments. Form 990 is a public document; DNPN makes its three most recent filings available on our website and will provide copies upon written request. DNPN files on time in accordance with IRS requirements and files Form 990-T when applicable for unrelated business income. Our EIN is 36-5167865. DNPN's Form 990 filings are also available through GuideStar/Candid, the IRS Tax Exempt Organization Search, and ProPublica Nonprofit Explorer.
External audit and review
DNPN engages an independent, licensed CPA firm to conduct an annual financial review of organizational accounts. For years in which gross revenues meet or exceed $750,000, DNPN commissions a full independent audit in accordance with generally accepted auditing standards (GAAS). Audited financial statements — including the balance sheet, statement of activities, statement of functional expenses, and notes — are included in DNPN's Annual Report and made available upon request. The auditor is selected by the Board's Finance Committee and operates without interference from organizational management to ensure objectivity and independence. DNPN does not engage its auditing firm for non-audit consulting services.
Governance and fiduciary responsibility
DNPN is governed by a voluntary Board of Directors that carries ultimate fiduciary responsibility for the organization. The Board meets no fewer than four times per year and reviews financial statements, auditor reports, and significant expenditures at each meeting. The Board includes an Audit & Finance Committee composed of members with relevant financial expertise, which independently reviews budgets, audit findings, and internal controls. No board member may simultaneously hold a paid executive position within DNPN. All board members complete a Conflict of Interest disclosure annually and are required to recuse themselves from votes involving personal financial interests. Board minutes are retained permanently and available to the public upon request.
Safeguards and accountability mechanisms
DNPN maintains a robust system of internal financial controls designed to prevent fraud, detect errors, and ensure the accurate reporting of financial data. Key controls include: dual authorization for disbursements above $1,000; segregation of duties between staff who authorize payments and those who record transactions; monthly reconciliation of all bank and investment accounts; restricted access to financial systems on a need-to-know basis; mandatory annual review of all vendor relationships; a written Whistleblower Protection Policy allowing staff, volunteers, and contractors to report suspected misconduct confidentially; and a Document Retention and Destruction Policy in compliance with federal law. These controls are reviewed by the external auditor annually and updated by management as needed.
An annual operating budget is prepared by DNPN management and approved by the Board of Directors prior to the start of each fiscal year. The budget is reviewed quarterly and amended by the Board when material variances arise. Significant unbudgeted expenditures require Board approval before commitment.
DNPN maintains a minimum operating reserve equivalent to three months of average operating expenses. This reserve ensures organizational continuity during periods of revenue shortfall and provides rapid-response capital for emergency deployments before donor funds are received.
DNPN allocates expenses among program services, management and general, and fundraising categories in accordance with generally accepted accounting principles (GAAP) and IRS guidelines. Shared costs (such as staff time, technology, and facilities) are allocated based on documented time studies or reasonable estimates reviewed by the auditor.
This Financial Transparency Policy is reviewed annually by the Board of Directors and updated to reflect changes in law, accounting standards, and organizational practice. Questions or concerns about DNPN's finances may be directed to the Board Chair or submitted confidentially via our whistleblower channel.
To request a copy of DNPN's most recent Annual Report, Form 990, or audited financial statements, please contact us at help@dnpn.org. All requests will be fulfilled within 10 business days as required by federal law.