Charity
SINGAPORE GYMNASTICS
About
What does SINGAPORE GYMNASTICS do?
Singapore Gymnastics is a charitable organization dedicated to promoting gymnastics as a sport for all ages, with a vision of "Gymnastics for Everyone - Enjoyment and Excellence." Their mission is to develop world-class athletes who consistently win medals at regional games such as the South East Asian Games, Asian Games, Commonwealth Games, and others.
Founded
2010
People
yap wei loong clarence, kenneth wing cheung cheung, ho mun wai, teo siew hong, liew siow gian partick, cecilia chia shing eng, ho jia ni, elaine, audrey ong
Causes
Health & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2010
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes physical activity and healthy lifestyles among individuals of all ages, contributing to a more active and healthier population.
- Provides opportunities for personal development and skill-building through gymnastics training, which can translate into other areas of life such as discipline, focus, and resilience.
- Fosters social connections among members within the gymnastics community, promoting a sense of belonging and camaraderie.
- Contributes to Singapore's sports reputation by competing in international events like SEA Games, Asian Games, Commonwealth Games, etc., enhancing the country's global standing in the sport.
- Offers coaching and training programs that can serve as a model for other gymnastics organizations or schools, sharing best practices and expertise to improve the quality of gymnastics
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?
- Promotes physical activity and healthy lifestyles among individuals of all ages, contributing to a more active and healthier population.
- Provides opportunities for personal development and skill-building through gymnastics training, which can translate into other areas of life such as discipline, focus, and resilience.
- Fosters social connections among members within the gymnastics community, promoting a sense of belonging and camaraderie.
- Contributes to Singapore's sports reputation by competing in international events like SEA Games, Asian Games, Commonwealth Games, etc., enhancing the country's global standing in the sport.
- Offers coaching and training programs that can serve as a model for other gymnastics organizations or schools, sharing best practices and expertise to improve the quality of gymnastics
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.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 117,392 | 35,028 | 3,021 |
| Non Tax-Deductible | 14,597 | 35,500 | 0 |
| Total Donations in Cash | 131,989 | 70,528 | 3,021 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 14,541 | 0 | 0 |
| Total Donations in Kind | 14,541 | 0 | 0 |
| Government Grants | 2,170,515 | 2,076,937 | 2,012,395 |
| Investment Income | 467 | 299 | 860 |
| Programme Fees | 1,132,237 | 711,456 | 587,906 |
| Others Income | 30,263 | 22,896 | 458 |
| Total Receipts | 3,480,012 | 2,882,116 | 2,604,640 |
| Capital in Nature | 260,100 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 31,355 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 2,185,873 | 1,844,104 | 2,259,457 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 2,185,873 | 1,844,104 | 2,259,457 |
| Expenses | |||
| Other Expenses | 1,017,628 | 937,570 | 186,883 |
| Total Expenditure | 3,234,856 | 2,781,674 | 2,446,340 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 303,927 | 170,464 | 91,255 |
| Investments | 0 | 0 | 51,615 |
| Inventories | 37,972 | 43,869 | 46,054 |
| Account Receivables | 99,583 | 127,205 | 90,591 |
| Cash & Deposits | 1,198,080 | 970,931 | 1,120,089 |
| Other Assets | 30,286 | 16,180 | 9,720 |
| Total Assets | 1,669,848 | 1,328,649 | 1,409,324 |
| Funds | |||
| Total Unrestricted Funds | 494,531 | 320,790 | 336,369 |
| Total Restricted Funds | 238,905 | 167,490 | 97,490 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 733,436 | 488,280 | 433,859 |
| Liabilities | |||
| Total Current Liabilities | 760,664 | 729,311 | 939,279 |
| Total Non-Current Liabilities | 175,748 | 111,058 | 36,186 |
| Total Liabilities | 936,412 | 840,369 | 975,465 |
| Total Funds and Liabilities | 1,669,848 | 1,328,649 | 1,409,324 |
| Other Information | Apr 2022 - Mar 2023(S$) | 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 | 20 | 17 | 16 |
| Total Employee Cost | 1,315,518 | 1,227,692 | 1,285,027 |
| Fudnraisig Efficiency Ratio | 24 | 0 | 0 |
| Total Related Party Transactions | 43,731 | 29,741 | 19,176 |
People
At Singapore Gymnastics, individuals engage in various activities related to gymnastics with a focus on promoting enjoyment and excellence for all ages. The organization's mission is to develop world-class athletes who consistently win medals at regional games such as the South East Asian Games, Asian Games, Commonwealth Games, and others.
yap wei loong clarence
kenneth wing cheung cheung
ho mun wai
teo siew hong
liew siow gian partick
cecilia chia shing eng
ho jia ni, elaine
audrey ong
News
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