Inkomoko's 2023 budget is $13.6M USD to serve 19,000 entrepreneur clients across four locations in East Africa. We believe aligning resources to the programs that create the largest social impact is critical to Inkomoko achieving our mission. This year, our budget also dedicates resources to build the infrastructure required for a growing organization, including launching a new technology solution for our lending program, hiring a CFO and research staff, adding in security teams and tools as we operate in more complex environments, and increasing benefits to colleagues so that we may retain and grow top performers.
In 2022, Inkomoko's budget was $6.5M USD, so we are in a period of rapid growth. Inkomoko has retained BDO Auditors for statutory audit, which is presented to the Audit Committee of Inkomoko's Board of Directors. We anticipate that the 2022 Audit, and associated IRS Form 990, will be available in July 2023.
Below are the financial highlights of our most recent published audit.