InvisibleChildren, the non-profit organization behind KONY2012, responds to the large majority of financial criticism they have received.
Invisible Children’s financial statements are online for everyone to see. Financial statements from the last 5 years, including our 990, are available at http://www.invisiblechildren.com/financials. The organization spent 80.46% on our programs that further our three fold mission, 16.24% on administration and management costs and 3.22% on direct fundraising in FY2011. Invisible Children is independently audited every year and in full compliance with our 501 c 3 status.
Below is a screen-shot from pages 35 and 36 of the 2011 Invisible Children annual report that detail our total expenses for Fiscal Year 2011. An expense statement by class is the way nonprofits present their expenses to the public because it’s the clearest way to show the purpose of different organizational expenses vs. a line item expense statement such as the one on Page 6 of our Audited Financial Report.
Read the rest: InvisibleChildren Critiques