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2019 Annual Accounts - One Acre Stichting

Audited financials
2019 was the sixth year of operation for the One Acre Foundation. These are the Annual Accounts for Netherlands.

One Acre Foundation recorded a deficit of approximately €25,000 during the 2019 financial year. The organization raised €75,000 in revenue attributed to a donation to support hunger and poverty alleviation activities in Uganda. Therefore, most of the indirect costs were not financed, that's why the shortage. The annual accounts are prepared on an accrual basis.