About
What does iC2 PrepHouse Limited do?
iC2 PrepHouse Limited is a charity organization that provides specialized support and resources for children with visual impairments, offering counseling, assessments, and guidance from trained vision teachers to help them live confidently and independently.
Founded
2012
People
goh shuet li, chia hsien lin jennifer, ang beng ti christopher, looi lee geok audrey, wong meng ee, odedra ketan
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2012
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved quality of life for children with visual impairments by providing specialized support and resources to meet their unique needs.
- Empowerment of individuals with visual impairments, enabling them to live confidently and independently through educational, habilitative, and rehabilitative programs.
- Enriched lives and stronger family bonds as parents and families gain understanding and coping strategies for their children's changing needs.
- Increased awareness among the general public about visual impairments and the importance of early intervention and specialized care.
- Collaboration with medical professionals, schools, and other organizations to ensure comprehensive support services for individuals with visual impairments.
- Contributions to research and development in the field of vision rehabilitation through partnerships with local
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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?
- Improved quality of life for children with visual impairments by providing specialized support and resources to meet their unique needs.
- Empowerment of individuals with visual impairments, enabling them to live confidently and independently through educational, habilitative, and rehabilitative programs.
- Enriched lives and stronger family bonds as parents and families gain understanding and coping strategies for their children's changing needs.
- Increased awareness among the general public about visual impairments and the importance of early intervention and specialized care.
- Collaboration with medical professionals, schools, and other organizations to ensure comprehensive support services for individuals with visual impairments.
- Contributions to research and development in the field of vision rehabilitation through partnerships with local
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.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Annual Reports
Audited Financial Statements
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 340,411 | 330,648 | 29,001 |
| Non Tax-Deductible | 30,634 | 38,322 | 23,716 |
| Total Donations in Cash | 371,045 | 368,970 | 52,717 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 50 | 4,550 |
| Total Donations in Kind | 0 | 50 | 4,550 |
| Government Grants | 443,430 | 551,955 | 889,182 |
| Investment Income | 13,257 | 8,349 | 0 |
| Programme Fees | 7,951 | 9,222 | 7,782 |
| Others Income | 5,648 | 6,000 | 31,003 |
| Total Receipts | 841,331 | 944,546 | 985,234 |
| Capital in Nature | 0 | 145,000 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 84,428 | 0 | 19 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 877,219 | 666,402 | 617,380 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 877,219 | 666,402 | 617,380 |
| Expenses | |||
| Other Expenses | 101,275 | 52,689 | 0 |
| Total Expenditure | 1,062,922 | 719,091 | 617,399 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 81,695 | 91,130 | 24,934 |
| Investments | 41,350 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 265,615 | 174,528 | 141,678 |
| Cash & Deposits | 2,008,750 | 2,253,882 | 2,135,034 |
| Other Assets | 0 | 49,189 | 250,539 |
| Total Assets | 2,397,410 | 2,568,729 | 2,552,185 |
| Funds | |||
| Total Unrestricted Funds | 1,278,973 | 1,510,663 | 0 |
| Total Restricted Funds | 998,869 | 988,770 | 2,257,127 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 2,277,842 | 2,499,433 | 2,257,127 |
| Liabilities | |||
| Total Current Liabilities | 119,568 | 55,296 | 139,545 |
| Total Non-Current Liabilities | 0 | 14,000 | 155,513 |
| Total Liabilities | 119,568 | 69,296 | 295,058 |
| Total Funds and Liabilities | 2,397,410 | 2,568,729 | 2,552,185 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 7 | 7 | 7 |
| Total Employee Cost | 698,342 | 523,344 | 444,324 |
| Fudnraisig Efficiency Ratio | 22 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 104,500 |
People
At iC2 PrepHouse Limited, individuals work together to provide specialized support and resources for children with visual impairments. Their efforts include offering counseling, assessments, and guidance from trained vision teachers, all aimed at helping these young individuals live confidently and independently.
goh shuet li
chia hsien lin jennifer
ang beng ti christopher
looi lee geok audrey
wong meng ee
odedra ketan
News
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