Charity
GENERATION: YOU EMPLOYED, SINGAPORE LTD.
About
What does GENERATION: YOU EMPLOYED, SINGAPORE LTD. do?
You Employed, Singapore Ltd., a Not-for-Profit organization founded by McKinsey & Company in 2014, is dedicated to providing career opportunities for at-risk youth through education and employment training programs. In Singapore, they have partnered with SkillsFuture Singapore (SSG), all five polytechnics, and three ITE campuses to offer customized bootcamps in Digital Marketing, Customer Service Associate, and Engineering 4.0. Their mission is to empower individuals to build sustainable careers while providing employers with highly-skilled talent.
Founded
2020
People
fadhilah binte abdul rahman zamawi, jeremy william fox, wong ju min, wendy chua kok wand, neeraj seth
Causes
No PovertyHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2020
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- You Employed, Singapore Ltd., a nonprofit organization focused on education to employment, includes: 1. Reducing youth unemployment and under-employment by providing career-launching jobs for at-need individuals.
- Addressing the skills gap in specific industries such as digital marketing, customer service, and engineering 4.0 by training individuals to fill roles that employers find hard to fill or retain talent in.
- Partnering with educational institutions like polytechnics and ITE campuses to embed an employment-focused methodology into their curriculum.
- Providing mentorship, support, and monitoring for graduates as they transition into the workforce.
- Collaborating with government agencies such as SkillsFuture Singapore (SSG) and WorkForce Singapore (WSG), as well as private organizations to expand their impact
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?
- You Employed, Singapore Ltd., a nonprofit organization focused on education to employment, includes: 1. Reducing youth unemployment and under-employment by providing career-launching jobs for at-need individuals.
- Addressing the skills gap in specific industries such as digital marketing, customer service, and engineering 4.0 by training individuals to fill roles that employers find hard to fill or retain talent in.
- Partnering with educational institutions like polytechnics and ITE campuses to embed an employment-focused methodology into their curriculum.
- Providing mentorship, support, and monitoring for graduates as they transition into the workforce.
- Collaborating with government agencies such as SkillsFuture Singapore (SSG) and WorkForce Singapore (WSG), as well as private organizations to expand their impact
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 2,897 | 0 | 83,397 |
| Total Donations in Cash | 2,897 | 0 | 83,397 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 2,106,757 | 911,500 | 261,198 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 68,908 | 706,201 | 155,625 |
| Others Income | 42,466 | 764,584 | 865,818 |
| Total Receipts | 2,221,028 | 2,382,285 | 1,366,038 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,537,500 | 1,602,639 | 1,352,344 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 1,537,500 | 1,602,639 | 1,352,344 |
| Expenses | |||
| Other Expenses | 0 | 0 | 0 |
| Total Expenditure | 1,537,500 | 1,602,639 | 1,352,344 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 9,485 | 13,622 | 10,365 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 169,976 | 134,034 | 65,764 |
| Cash & Deposits | 1,244,931 | 406,544 | 108,251 |
| Other Assets | 1,028,578 | 0 | 0 |
| Total Assets | 2,452,970 | 554,200 | 184,380 |
| Funds | |||
| Total Unrestricted Funds | 1,028,578 | 338,820 | -440,826 |
| Total Restricted Funds | 1,029,118 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 2,057,696 | 338,820 | NaN |
| Liabilities | |||
| Total Current Liabilities | 395,274 | 215,380 | 511,410 |
| Total Non-Current Liabilities | 0 | 0 | 113,796 |
| Total Liabilities | 395,274 | 215,380 | 625,206 |
| Total Funds and Liabilities | 2,452,970 | 554,200 | 184,380 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 11 | 12 | 10 |
| Total Employee Cost | 1,074,045 | 1,211,606 | 1,222,058 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 1,452,994 | 463,924 | 802,460 |
People
At You Employed, Singapore Ltd., a Not-for-Profit organization founded by McKinsey & Company in 2014, individuals work towards empowering at-risk youth through education and employment training programs. They partner with various organizations such as SkillsFuture Singapore (SSG), polytechnics, and ITE campuses to offer customized bootcamps in Digital Marketing, Customer Service Associate, and Engineering 4.0. The mission of the organization is to provide sustainable career opportunities for individuals while supplying highly-skilled talent to employers.
fadhilah binte abdul rahman zamawi
jeremy william fox
wong ju min
wendy chua kok wand
neeraj seth
News
Similar Charities
