Phoenix Retrodata Bank

 We are pleased to announce that MayDay will soon activate its Phoenix Retrodata Bank service, through which all member NGOs will be able to publish, through Excel files, the detail of all  their  monthly expenses, including whether their managers receive fees, what is the monthly amount or if they provide services ad honorem. 

Any NGO committed to honesty and transparency must publish its full monthly expense report online. From Mayday we will provide the links to said pages and reports.

Any NGO that receives donations from third parties in order to fulfill its mission and objectives, has the moral and statutory obligation to make annual, periodic and monthly reports of expenses online, so that they are accessible to all interested parties.

*Note: Out of the first 1,000 NGOs checked by MayDay, we only Gates Foundation, Amnesty International, Red Cross, Caritas, Save the Children, Oxfam International, World Food Programme, WWF and found Ecosia.Org publishing its financial report online, but without all detailing and not updated month by month.