Cadasta has maintained its independent auditor relationship with Gelman, Rosenberg & Freedman and has received a clean audit for every year of its existence. The financial statements that are presented in the Addendum to the Annual Report are consistent with the full financial statements for the year ending December 31, 2017.
Cadasta continued to concentrate on delivering on its mission through platform development and implementation and programmatic work while maintaining an overall lean supporting operation. During the year, Cadasta streamlined its core management team by moving from a four member executive team to an individual CEO. The change allowed the organization to centralize its leadership structure and lower the operations costs, which in turn expanded the committed funds runway by more than six months.
Cadasta continues to focus on documentation of land and resource rights to build sustainable communities while lowering the average cost of a documented household. Cadasta is grateful to its grantors for the continued support of the organization’s mission and long-term viability.