Financial TransparencyAs part of our commitment to transparency, we make our financial information available to the public.
This Financial Transparency Policy was last updated on December 1, 2017. New documents are added to the repository as they are released.
As a 501(c)(3) nonprofit economic development organization, we are required to make certain information (namely, our Form 990 information return filings) available to the general public. However, BTRIC goes well beyond that and makes a vast array of materials on our operational and financial status available to the public. We want our donors and the public to see the good work that we are accomplishing, so – with limited exceptions to protect personal information, and in some cases potentially proprietary information specific to projects in our incubation program – everything will be available to the public. This will be a process that evolves as we become fully operational, but for now, we plan to release monthly financial summaries of our financial condition and regular updates on our operations. Once operational, we will undergo regular independent audits.
In addition to the information that we make available here, our GuideStar profile highlights key financial and performance metrics.