Charity
Singapore Sailing Team
About
What does Singapore Sailing Team do?
The Singapore Sailing Team is a national competitive sports team dedicated to becoming world leaders in sailing, comprised of top 20+ sailors who are passionate about their sport and committed to achieving excellence. They represent Singapore in international sailing competitions such as the South East Asian Games, the Asian Games, and the Olympic Games, where they have won numerous medals. The team's vision is to be a world leader in competitive sailing and inspire fellow Singaporeans with their passion for sailing, quest for self-improvement, hunger for success, and dedication to upholding the highest standards of sportsmanship.
Founded
2009
People
chung pei ming, stanley chan hian gee, goh ai cheng, pamela, chee wang jin lincoln, tan chi'-loong benedict, mok kah mun, tok lee ching, tay junhao roy, khor teck lin, ong cheng tat rupert
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2009
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promoting a healthy lifestyle and physical fitness through sailing as a competitive sport.
- Encouraging teamwork, discipline, and dedication among its members.
- Representing Singapore on an international stage, fostering national pride and unity.
- Inspiring young athletes to pursue their dreams and strive for excellence in sports.
- Contributing to the development of sailing as a popular sport in Singapore.
- Providing opportunities for personal growth and self-improvement among team members.
- Upholding high standards of sportsmanship, integrity, and fair play.
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?
- Promoting a healthy lifestyle and physical fitness through sailing as a competitive sport.
- Encouraging teamwork, discipline, and dedication among its members.
- Representing Singapore on an international stage, fostering national pride and unity.
- Inspiring young athletes to pursue their dreams and strive for excellence in sports.
- Contributing to the development of sailing as a popular sport in Singapore.
- Providing opportunities for personal growth and self-improvement among team members.
- Upholding high standards of sportsmanship, integrity, and fair play.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 96,320 | 86,430 | 15,320 |
| Non Tax-Deductible | 240,811 | 25,075 | 330 |
| Total Donations in Cash | 337,131 | 111,505 | 15,650 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 3,884,842 | 3,263,606 | 3,349,388 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 943,012 | 634,511 | 541,681 |
| Others Income | 1,214,851 | 882,125 | 1,369,134 |
| Total Receipts | 6,379,836 | 4,891,747 | 5,275,853 |
| Capital in Nature | 83,700 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 189,362 | 520,705 | 270,772 |
| Overseas (Direct & Support) | 1,017,502 | 115,196 | 212,904 |
| Charitable Activities/Programme Expenses | 1,206,864 | 635,901 | 483,676 |
| Expenses | |||
| Other Expenses | 4,911,472 | 4,807,591 | 4,789,724 |
| Total Expenditure | 6,118,336 | 5,443,492 | 5,273,400 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 931,849 | 976,229 | 1,380,758 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 356,604 | 177,752 | 89,542 |
| Cash & Deposits | 3,309,191 | 3,207,236 | 3,392,417 |
| Other Assets | 105,736 | 47,157 | 65,320 |
| Total Assets | 4,703,380 | 4,408,374 | 4,928,037 |
| Funds | |||
| Total Unrestricted Funds | 3,320,684 | 3,302,028 | 3,853,773 |
| Total Restricted Funds | 242,847 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 3,563,531 | 3,302,028 | 3,853,773 |
| Liabilities | |||
| Total Current Liabilities | 1,113,544 | 1,067,342 | 1,023,405 |
| Total Non-Current Liabilities | 26,305 | 39,004 | 50,859 |
| Total Liabilities | 1,139,849 | 1,106,346 | 1,074,264 |
| Total Funds and Liabilities | 4,703,380 | 4,408,374 | 4,928,037 |
| Other Information | Apr 2022 - Mar 2023(S$) | 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 | 36 | 38 | 38 |
| Total Employee Cost | 2,547,009 | 2,153,878 | 2,306,920 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
The members of the charity Singapore Sailing Team are dedicated athletes who strive for excellence in competitive sailing. They represent their country at international events such as the South East Asian Games, the Asian Games, and the Olympic Games, where they have achieved numerous medals. Their ultimate goal is to become world leaders in sailing while inspiring others with their passion for the sport, commitment to self-improvement, drive for success, and adherence to high standards of sportsmanship.
chung pei ming
stanley chan hian gee
goh ai cheng, pamela
chee wang jin lincoln
tan chi'-loong benedict
mok kah mun
tok lee ching
tay junhao roy
khor teck lin
ong cheng tat rupert
News
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