Charity
Singapore Dragon Boat Association
About
What does Singapore Dragon Boat Association do?
The Singapore Dragon Boat Association is a non-profit organization dedicated to promoting and advancing dragon boat sports in Singapore. Our mission includes organizing, controlling, and safeguarding all aspects of dragon boat events at local, national, and international levels. We aim to preserve dragon boating as an integral part of our cultural heritage while attracting tourists through this unique sport. As the National Sports Association for dragon boats in Singapore, we strive to create a supportive environment that fosters excellence in water sports among both community members and youths involved in our schools' dragon boat scheme.
Founded
2010
People
andreas kasteal, ng kai yong, dexter chan yak seng, mohd hamdan ismail, bruno spence, leong pak keong tony, alan tan hock seng, chia shi-lu, koh chin chye, desmond?, cheng nyuk yen
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2010
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotion and development of dragon boat racing as a competitive sport at local, national, and international levels.
- Preservation and promotion of dragon boat activities as part of Singapore's cultural heritage.
- Encouragement of community-based water sports participation among all ages, including youth development through the schools' dragon boat scheme.
- Creation of opportunities for athletes to excel in dragon boat water sport and achieve excellence in competitions.
- Contribution to Singapore's tourism industry by attracting visitors interested in participating or spectating dragon boat events.
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?
- Promotion and development of dragon boat racing as a competitive sport at local, national, and international levels.
- Preservation and promotion of dragon boat activities as part of Singapore's cultural heritage.
- Encouragement of community-based water sports participation among all ages, including youth development through the schools' dragon boat scheme.
- Creation of opportunities for athletes to excel in dragon boat water sport and achieve excellence in competitions.
- Contribution to Singapore's tourism industry by attracting visitors interested in participating or spectating dragon boat events.
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 | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 45,225 | 2,700 | 6,198 |
| Non Tax-Deductible | 3,842 | 0 | 210 |
| Total Donations in Cash | 49,067 | 2,700 | 6,408 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 15,600 | 15,600 |
| Total Donations in Kind | 0 | 15,600 | 15,600 |
| Government Grants | 847,024 | 790,624 | 868,930 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 415,598 | 103,166 | 57,388 |
| Others Income | 536,764 | 274,819 | 250,454 |
| Total Receipts | 1,848,453 | 1,186,909 | 1,198,780 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 382,050 | 128,150 | 98,133 |
| Overseas (Direct & Support) | 87,863 | 0 | 0 |
| Charitable Activities/Programme Expenses | 469,913 | 128,150 | 98,133 |
| Expenses | |||
| Other Expenses | 1,223,031 | 1,031,455 | 1,050,602 |
| Total Expenditure | 1,692,944 | 1,159,605 | 1,148,735 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 179,976 | 243,804 | 162,776 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 42,509 | 33,571 | 19,467 |
| Cash & Deposits | 926,458 | 816,173 | 772,488 |
| Other Assets | 58,692 | 27,094 | 26,213 |
| Total Assets | 1,207,635 | 1,120,642 | 980,944 |
| Funds | |||
| Total Unrestricted Funds | 830,783 | 711,317 | 685,212 |
| Total Restricted Funds | 120,236 | 84,193 | 82,994 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 951,019 | 795,510 | 768,206 |
| Liabilities | |||
| Total Current Liabilities | 232,778 | 325,132 | 212,738 |
| Total Non-Current Liabilities | 23,838 | 0 | 0 |
| Total Liabilities | 256,616 | 325,132 | 212,738 |
| Total Funds and Liabilities | 1,207,635 | 1,120,642 | 980,944 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 9 | 9 | 9 |
| Total Employee Cost | 546,221 | 448,104 | 468,338 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 10,645 | 3,045 | 4,485 |
People
People at the charity Singapore Dragon Boat Association are dedicated to promoting, advancing, and safeguarding all aspects of dragon boat sports in Singapore. They aim to preserve this unique sport as an integral part of their cultural heritage while attracting tourists through various events. The organization strives to create a supportive environment that fosters excellence in water sports among community members and youths involved in the schools' dragon boat scheme.
andreas kasteal
ng kai yong
dexter chan yak seng
mohd hamdan ismail
bruno spence
leong pak keong tony
alan tan hock seng
chia shi-lu
koh chin chye, desmond?
cheng nyuk yen
News
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