1. Mission, purpose & objectives (15 points)
(a) Is it clear what the organisation’s purpose and key objectives are?
(b) Does the organisation state its core values?
(c) Does it provide an insightful commentary on the organisation’s broader sector/ environment?
2. Strategy & Performance (100 points)
(a) Does it provide a clear review of the organisation’s strategy implementation performance for the relevant year as well as how the current year’s strategy links to the longer term strategy of the organisation?
(b) Does it provide a clear review of the any challenges or barriers that the organisation encountered (e.g. covid-19) that prevented or constrained the achievement of goals and describe what actions/measures the organisation plans to take to address these challenges and constraints?
(c) Does it show what was achieved in the current year in measurable goals (KPIs)?
(d) Does it show year-on-year progress (or decline) against those goals/KPIs?
(e) Does it describe its future plans to achieve its strategic goals?
3. Outputs Outcomes & Impacts (55 points)
(a) Does it demonstrate the difference/impact in concrete numbers and targets the organisation has made in the year in terms of what it has done or achieved (outcomes) and the difference it has made (impact)?
(b) Does it provide measures of outputs, outcomes and impact – e.g. use of case studies and testimonials?
4. Funding (20 points)
(a) Does it provide clear information on the funding it received by source/type?
(b) Does it provide commentary analysis or explanatory information on key movements in funding from the previous years?
(c) Does it set out planned actions to be taken to improve/ensure sustainability of future funding?
(d) Does it comment on continuing availability of funding and highlight any risks/challenges to future funding?
5. Governance (120 points)
(a) Does it give details of how the organisation is organised and governed (e.g. legal structure, membership role of the board/board committees, appointment and term of directors, registered office, accountants/auditor, solicitors, principal bankers)?
(b) Does it disclose the name of the Board Chairperson, Company Secretary and the CEO or manager of the organisation?
(c) Does it provide details of board meeting and board committee attendance?
(d) Does it provide a profile of Board members, skills, experience, tenure/term?
(e) Does it state that there is conflicts of interests policy in place and when this was last reviewed by the board?
(f) Does it provide details of how it engages and communicates with its stakeholders?
(g) Is it clear that the CEO is not a member of the board?
(h) Is the CEO’s remuneration package disclosed?
(i) Are the salary bands of those earning over €65,000 per annum disclosed?
(j) Does it provide details on how new board members are recruited, inducted and on-going development?
(k) Does it provide details of the organisation’s decision-making process and the delegation and oversight of delegated decision-making powers?
(l) Does it set out the organisation’s approach to risk management and does it disclose top risks and how they are managed?
(m) Does it describe the organisation’s approach to remuneration & performance management?
(n) Does it describe the organisation’s approach to investment policy?
(o) Does it state that the organisation in compliance with a Governance Code?
(p) Does it provide details of the number of employees and volunteers?
6. Financial Reporting (90 points)
(a) Is a consistent story being told throughout, which explains a surplus/breakeven/deficit position?
(b) Is there a clear reserves policy? Does the policy set out the target minimum reserves level? Is there a detailed note disclosure showing the reserves at the start and end of the period and which shows and explains the movements on those reserves? Where reserves are below the target minimum level, is there an explanation of actions to be taken to reach the target level or if the reserves are above the target minimum is there a plan to use the excess to further the organisation’s purpose?