Charity
CORNERSTONE COMMUNITY SERVICES
About
What does CORNERSTONE COMMUNITY SERVICES do?
Cornerstone Community Services is a charitable organization dedicated to alleviating poverty, suffering, ignorance, and ill-health through various social service initiatives. Their mission is to serve the community and change lives by providing assistance, education, training services, and counseling.
Founded
1997
People
low lee ping, ong chong wee andy, yip swee heng daphne, loh mei jing, kerk wee chong, karen lee tze sein, aileen khoo ai may, darren ler tek chin
Causes
No PovertyHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1997
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Poverty alleviation: Providing assistance to those in need, helping them meet their basic needs and improve their quality of life.
- Health improvement: Offering health-related services such as counseling and education to promote physical and mental wellbeing.
- Education support: Assisting with educational initiatives for people of all ages, backgrounds, and abilities.
- Community building: Fostering a sense of community by organizing activities and schemes that bring people together.
- Collaboration with other organizations: Partnering with recognized bodies, religious institutions, and welfare agencies to maximize the reach and impact of their services.
- Empowerment through training and education: Providing skills and knowledge to help individuals become self-sufficient and contribute positively to society.
Donation Income
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Poverty alleviation: Providing assistance to those in need, helping them meet their basic needs and improve their quality of life.
- Health improvement: Offering health-related services such as counseling and education to promote physical and mental wellbeing.
- Education support: Assisting with educational initiatives for people of all ages, backgrounds, and abilities.
- Community building: Fostering a sense of community by organizing activities and schemes that bring people together.
- Collaboration with other organizations: Partnering with recognized bodies, religious institutions, and welfare agencies to maximize the reach and impact of their services.
- Empowerment through training and education: Providing skills and knowledge to help individuals become self-sufficient and contribute positively to society.
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,202,950 | 1,036,472 | 861,646 |
| Non Tax-Deductible | 30,394 | 54,587 | 293,289 |
| Total Donations in Cash | 1,233,344 | 1,091,059 | 1,154,935 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 469,629 | 697,987 | 342,204 |
| Investment Income | 2,250 | 124 | 0 |
| Programme Fees | 213,164 | 174,650 | 78,511 |
| Others Income | 23,150 | 0 | 2,078 |
| Total Receipts | 1,941,537 | 1,963,820 | 1,577,728 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,309,486 | 1,271,075 | 992,119 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 1,309,486 | 1,271,075 | 992,119 |
| Expenses | |||
| Other Expenses | 150,848 | 0 | 0 |
| Total Expenditure | 1,460,334 | 1,271,075 | 992,119 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 258,493 | 95,092 | 21,984 |
| Investments | 2,000,000 | 0 | 0 |
| Inventories | 2,647 | 1,931 | 2,587 |
| Account Receivables | 198,155 | 151,164 | 79,013 |
| Cash & Deposits | 1,747,849 | 2,795,086 | 2,630,028 |
| Other Assets | 0 | 500,000 | 175,935 |
| Total Assets | 4,207,144 | 3,543,273 | 2,909,547 |
| Funds | |||
| Total Unrestricted Funds | 3,821,595 | 3,340,392 | 2,649,256 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 3,821,595 | 3,340,392 | 2,649,256 |
| Liabilities | |||
| Total Current Liabilities | 254,934 | 202,881 | 204,856 |
| Total Non-Current Liabilities | 130,615 | 0 | 55,435 |
| Total Liabilities | 385,549 | 202,881 | 260,291 |
| Total Funds and Liabilities | 4,207,144 | 3,543,273 | 2,909,547 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 14 | 13 | 10 |
| Total Employee Cost | 801,375 | 671,981 | 493,193 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 18,419 | 16,097 | 43,099 |
People
At Cornerstone Community Services, individuals are dedicated to addressing poverty, suffering, ignorance, and ill-health through a range of social service initiatives. Their mission is to serve their community by offering assistance, education, training services, and counseling.
low lee ping
ong chong wee andy
yip swee heng daphne
loh mei jing
kerk wee chong
karen lee tze sein
aileen khoo ai may
darren ler tek chin
News
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