How often does ThriveWorks Ghana report on its finances?

ThriveWorks Ghana has produced monthly budget-against-actual reports, in both Ghana cedis and US dollars, with written variance explanations for every line, continuously since June 2024.

Governance & Accountability

Q: Is ThriveWorks Ghana a registered nonprofit?

Yes. Thrive Works LBG, operating as ThriveWorks Ghana, is a company limited by guarantee incorporated on 23 January 2023 under Ghana's Companies Act, 2019 (Act 992), registration number CG005450123. Its constitution bars distribution of income or property to members.

Donors, sponsors, and grantmakers ask who's actually in charge and where the money goes. Here's the underlying structure: legal status, governance, regulatory standing, and how we report.

Legal Status

Thrive Works LBG, operating as ThriveWorks Ghana, is a company limited by guarantee, incorporated on 23 January 2023 under Ghana's Companies Act, 2019 (Act 992), registration number CG005450123. Our constitution bars any distribution of income or property to members.

How We're Governed

ThriveWorks Ghana is governed by an Executive Council, with a Company Secretary and an appointed external auditor.

Regulatory Standing

ThriveWorks Ghana holds a letter of recommendation from the Department of Social Welfare, Bono Region, dated 10 January 2024. We are registered with the Ghana Revenue Authority and SSNIT, and remit to both monthly.

Financial Reporting

ThriveWorks Ghana produces monthly budget-against-actual reports, in both Ghana cedis and US dollars, with a written variance explanation for every line, continuously since June 2024. That is an unusually strong reporting cadence for an organisation our size, and we intend to keep it that way.

International Affiliation

ThriveWorks Ghana is a sponsored affiliate of UrbanPromise International, a US 501(c)(3), which also serves as our fiscal sponsor for tax-deductible US donations.