Question 1

What is the mission of THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC )?

Accepted Answer

VERTIC is an independent, non-profit making, non-governmental organisation. Its mission is to promote effective and efficient verification as a means of ensuring confidence in the implementation of international agreements and intra-national agreements with international involvement.

Question 2

What is the financial size of THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC )?

Accepted Answer

THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC )

#1073051

Charitable company-Large-RegisteredDetailed reporting

www.vertic.org

Income

£1,726,539

Expenditure

£1,782,360

Reserves

£1,109,725

Question 3

How does THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC ) allocate its spending?

Accepted Answer

For every pound spent, approximately 82.7% goes directly to charitable activities. The remaining 17.3% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC )?

Accepted Answer

THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC ) employs 10 staff members and is supported by 0 volunteers.

Question 5

Does THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC ) receive government funding?

Accepted Answer

To a small extent. Approximately 18.8% of their income comes from government grants or contracts.

Question 6

Does THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC ) pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE ( VERTIC )

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Income Sources

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