Our independent auditor, SGV & Co, submitted the final report of the audit of 2020 on May 31, 2021. This firmed up the provisional financial report that we submitted to the Bureau of Internal Revenue on April 15, 2021, to meet tax filing deadlines. The results showed a contraction of assets, which resulted from lower donation income, reduced interest income, realized losses on investments, and valuation losses in 2020.
Our 2020 audited Financial Statement can be accessed through this link.
