Financial Information

COVE holds itself to the highest standards of professionalism, accountability and transparency in our stewardship of donor dollars and financial management. Internal control procedures include a detailed checks and balances system that strictly prohibits the same individuals from handling all aspects of a transaction. Reporting to the Executive Officer, the Finance Director and the Financial Committee are assigned specific duties to safeguard against theft. No staff member has the ability to individually process anything from start to finish. The Finance Committee meets regularly to address all matters of fiscal operation and is charged with financial oversight and control. Collection loss is reviewed regularly and in complete detail. An independent accounting firm audits our records annually.