DSWD-SB-GF-053 | REV 01 | 03 OCT 2022

Annex 8. Financial Report

(Name of SWDA)
Financial Report for Fiscal/Calendar Year __________

I. Resources Received

A. Balance of Previous Year ₽ __________________

B. Income for the Current Year ₽ ____________________

B.1. Local (pls. specify the organization and individual donors)

Name of Donor Address and Purpose/s of Nature of Reference Amount
Contact Numbers Donation/s Donation
₽

Sub-total ₽

B.2. International/Foreign (pls. specify the organization and individual donors)

Name of Donor Address and Purpose/s of Nature of Reference Amount
Contact Numbers Donation/s Donation
₽

Sub-total ₽

B.3. Government (pls. specify)

Name of Donor Address and Purpose/s of Nature Reference Amount
Contact Numbers Donation/s of
Donation
₽

Sub-total ₽

B.4. Others e.g. interest income, service fees, etc. (pls. specify)
Name of Donor Address and Purpose/s of Nature of Reference Amount
Contact Numbers Donation/s Donation
₽

Sub-total ₽

C. Grand Total Income ₽

_____________

II. Expenditures for the period covered (pls. itemized particular expenses):

Particulars Amount %
Administrative Expenses

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DSWD Field Office VII, M.J. Cuenco Avenue cor General Maxilom Avenue, Brgy. Carreta, Cebu City 6000
Website: https://fo7.dswd.gov.ph Tel. No :(032) 233-026; 232-9505
 DSWD-SB-GF-053 | REV 01 | 03 OCT 2022

Particulars Amount %

Sub-Total ₽

Program Expenses

Sub-Total ₽

Grand Total Expenditures ₽

III. Balance as of fiscal/calendar year ____________________: ₽ __________________

Noted by: Prepared and Certified true and correct by:

Signature Over Printed Name of Agency Head or Signature Over Printed Name of Internal
Authorized Representative Accountant/Treasurer

(Please see instructions and reminders indicated at the back. Use additional sheets, if necessary, following recommended form)

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DSWD | FIELD OFFICE NO 7 | PPD-STANDARDS SECTION
 DSWD-SB-GF-053 | REV 01 | 03 OCT 2022

Instructions and Reminders:

1. For identification, please indicate the name of the organization as it is registered with Securities and Exchange Commission
and Department of Social Welfare and Development and/or other government agencies that has jurisdiction to the
organization.
2. Specify the period covered by the financial report either in fiscal or calendar year, whichever is applicable.
3. Identify specific resources received from various organizations and individuals whether local, international/foreign, government
and/or other resource generation activities either through solicitation, fund raising project, etc. with the corresponding name of
donor/s, address, contact numbers, purpose/s of donations received, nature of donations either cash or in kind, reference
such as official receipt number and date or other pertinent documents evidencing receipt of donations/fund and amount of
donations received.
4. To indicate the sub-total for each donor category and its grand total to summarize the revenue for the current year. The total
revenue for the current year shall be added to the balance funds of the previous year to come up a grand total revenue to be
used for the current year operations of the agency.
5. Donation/s in kind received by the agency should be monetized and included in the financial report indicating either in
program or administrative expenses depending on the purpose/s of its donation.
6. Expenditures for the period covered shall be itemized the particular expenses under administrative or program cost. Have a
sub-total of all the expenses category with its corresponding percentage expenses and a grand total to summarize the
expenditures for the period covered.
7. Distribution of fund allocation and utilization in the implementation of social welfare and development programs and services
of organization must be at least 70% of its funds are disbursed for direct social welfare services while 30% of the funds are
disbursed for administrative services. The following are expenses considered for programs and administrative cost
respectively:
7.1. Program expenses – refer to cost or valuation of items, goods and services that are directly consumed by/spent for the
benefits of the beneficiaries such as:

a.Basic Services – refer to services addressing the basic needs of the beneficiaries such as food, clothing and shelter. This
also include social services that contribute to the healing and rehabilitation of the beneficiaries and other support services
such as legal, educational, socio-cultural health and nutrition, livelihood and referral services as well as salaries and
benefits of the program staff.

b.Consumable Goods – refer to goods that directly benefit the beneficiaries while at the residential facility such as:
electricity, water and communications e.g. telephone, mails, internet, tri-media publications
7.2. Administrative expenses – refer to operational expenses of the agency or the organization enabling them to manage their
day to day operation/transactions such as, but not limited to office rentals, repairs and maintenance of the office fixture and
equipment, taxes, utilities, salaries and benefits of administrative staff.
If an item, good or service cannot be completely/predominantly considered as direct or indirect, a reasonable pro-rating should
be employed to assign the cost to either administrative (indirect) or program (direct) expense.
8. Balance as of fiscal year shall be determined by subtracting the total expenditures from the total resources received for period
covered.
9. If in case the organization is covering more than one region and/or managing several residential facilities, one financial report
shall be submitted by the agency. But the organization shall prepare also a breakdown of the financial report indicating the
specific expenses for each facility.
10. For Private SWDA, if the total expenses incurred exceeded the amount of ₽500,000.00 an external Certified Public
Accountant will have to certify the financial report. However, for those with a total expense below
₽500,000.00 the internal accountant/treasurer of the agency concerned shall prepare and certify the financial report.
11. For Public SWDA, this shall be issued by the Provincial/City/Municipal Accountant of the Local Government
Unit that operates the SWDA or the DSWD Regional Accountant for the DSWD Residential and Non-Residential Care
Facilities. In the absence of the Certified Public Accountant from the LGU or DSWD, financial report from the Commission on
Audit (COA) Representatives shall be acknowledged.
12. Any fund-raising activities for public or charitable purposes shall be required a corresponding permit. Hence, please be
advised to apply for solicitation permit or authority to conduct national fund raising campaign with the DSWD Regional Office
pursuant to PD 1564 otherwise known as the Solicitation Permit Law.

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DSWD | FIELD OFFICE NO 7 | PPD-STANDARDS SECTION
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DSWD | FIELD OFFICE NO 7 | PPD-STANDARDS SECTION