Our Financial Transparency

ANNUAL FINANCIAL REPORT 2025

Executive Summary

This report details the financial management of the association during the 2025 fiscal year. Following its establishment at the end of 2024, the organization has demonstrated strong operational capacity, reaching approximately 200 beneficiaries through sports, cultural, and language integration programs.

A key aspect that defines our cost structure is that Marea Viva Bahía de Cádiz Association is entirely composed of volunteers. For this reason, the expense statement does not include any personnel remuneration, as 100% of activities, administrative management, and project implementation are carried out on a voluntary basis.

At the close of this report, the association shows a positive balance of €10,658.18, the result of efficient management that has prioritized direct investment in social projects.

Key Indicators

Total Income: € 11,580.11

Total Expenses: € 921.93

Surplus for the Year (Balance): € 10,658.18

Income Analysis

Total income of €11,580.11 comes entirely from civil society and board members, ensuring the financial independence of the organization.

• Member Donations (€742.46): Represent the core sustainability base of the NGO, consisting of regular contributions from committed members.

• Private Donations and Other Contributions (€10,837.65): Includes significant one-time donations.

Expense Breakdown by Project

Total expenses of €921.93 have been executed under criteria of maximum transparency.

A. Pinar Futsal Project (€597.81)

This is the main axis of sports integration.

• Marathon Registrations: €200 (La Unión Marathon and Luis Beardo Mateo Marathon).

• Equipment and Awards: €144.80 for bibs, football bags, medals, and a league scoreboard.

• Insurance and Refereeing: €72.63 allocated to league civil liability coverage and professional refereeing.

• Logistics and Community Activities: €180.38 for refreshments for players during marathons and the Playoff finals.

B. TAMA Project (€87.49)

Promotion of culture through music.

• Instruments: €62.90 for the purchase of three darbukas.

• Workshop Expenses: €24.59 for hospitality and refreshments for participants.

C. Spanish Classes (€65.75)

Linguistic support for the integration of beneficiaries.

• Educational Materials: €58.55 for pens, folders, cards, and blank sheets.

• Reprography: €7.20 for weekly copies of minutes and class materials.

D. General and Administrative Expenses (€170.88)

Maintenance of legal and digital infrastructure.

• Digital Management: €112.18 for the creation and maintenance of the official website.

• Banking and Operations: €58.70 for account opening, card activation, and physical cards for field operations.

Financial Notes

• Bridge Financing: It should be noted that key expenses (such as account opening or website maintenance) were initially financed by the presidency from personal accounts to speed up the organization’s launch and were subsequently regularized.

• Resource Efficiency: As there are no personnel hiring costs, all funds are allocated directly to impact. This places our operational efficiency among the highest in the non-profit sector.

• Note on Dates: All activities and income correspond to the 2025 fiscal cycle for this closing report.

Conclusion and Acknowledgements

Marea Viva Bahía de Cádiz Association closes the year with stable financial health. The existence of a working capital fund of €10,658.18 allows us to confidently plan activities for the first quarter of 2026.

Thanks to the selfless efforts of our volunteer team and the trust of the individuals and entities who believe in our work, we have been able to facilitate social integration and strengthen the mental well-being of the most vulnerable sectors of our community. We reaffirm our commitment to continue working with rigor and transparency for social justice.

- Marea Viva