The organization must be registered with the Brønnøysund Register Center.
The organization must have a state-certified public accountant.
The organization must maintain an average collection rate of 65% over a 5-year period.
Financial statements must be prepared in accordance with the standard “Generally Accepted Accounting Principles for Nonprofit Organizations.” Standard formats for the balance sheet and statement of activities have been developed and must be used. The organization is also required at all times to follow the guidelines issued by IK regarding what information must be included in the financial statements. See our financial statements pages.
Annual financial statements and accompanying reports must be submitted to IK no later than one month after the financial statements are approved, but no later than January 1. August of the year following the end of the fiscal year. The board may approve a different fiscal year and grant an extension of the deadline.
If fundraising is conducted in collaboration with other external individuals or legal entities on a commercial basis, fundamental requirements regarding independence and impartiality must be met. No union representatives or employees of the organization may, directly or indirectly, have any interests related to the person or persons with whom they are to collaborate. When preparing its financial statements, the organization must provide information on how the compensation was determined, what services it covers, and the total amount of compensation paid.
If IK deems it necessary, it shall be able to conduct a special audit of the financial statements. Such a review should be conducted in cooperation with the responsible auditor. Any orders must be carried out without delay. IK is bound by a duty of confidentiality regarding internal matters. Unless otherwise decided, the costs of such an inspection shall be borne by the organization.
In the event of a violation of the provisions regarding approval and inspection, or of any orders issued, IK may freeze the organization’s accounts until the noncompliance has been rectified. The approval may be revoked under the same conditions. In that case, a separate decision must be made regarding how the organization’s funds are to be allocated.
IK may take whatever measures it deems necessary to warn donors. If it is believed that a criminal offense has been committed, a report may be filed with the police. Unless otherwise decided, the costs of measures implemented pursuant to this provision shall be borne by the organization.
All marketing materials must include the organization’s name, address, and phone number so that those responsible can be contacted by the public.
Approval by Charity Monitoring Norway entails both a right and an obligation to use the IK logo , and you are required at all times to follow the guidelines provided regarding its use.
IK may revoke or deny approval if:
IK’s requirements for approval have not been met
There have been violations of the ethical guidelines and accounting requirements established by IK
IK does not find it possible to approve the financial statements as presented.
Calculation of the annual fee:
The annual fee is calculated based on total gross revenue. Government grants and grants from parent organizations are not included in the calculation. Income from activities other than fundraisers, donations, and the like—such as the operation of real estate—is included in the tax base as net income. Financial income is included in the tax base after financial expenses have been deducted.
The annual fee for income/amounts collected of up to NOK 10 million amounts to 2 per thousand, minimum NOK 2,000 For income/amounts collected exceeding kr. 10 million The annual fee is 1 per mille, with a minimum of NOK. 20,000 and a maximum of kr. 40.000,-.
The annual fee is determined based on the organizations’ financial statements for the previous year. For individual fundraising campaigns, the fee is calculated once the campaign has ended.
The board may change the basis for calculation and the rates, and, if there are special circumstances, grant an exemption from the guidelines.