Charity

SPECTRA SECONDARY SCHOOL

Summary FinancialsPeopleNews & ActivitiesSimilar

About

What does SPECTRA SECONDARY SCHOOL do?

SPECTRA SECONDARY SCHOOL is dedicated to providing quality education and philanthropic support to students through a safe and caring learning environment, empowering them for future success and fulfillment in life.

Founded

2013

People

tai lee siang, tan soon liang (chen shunliang), ong suat eng, wu huei yaw, lock ka fai, anil sachdev s/o danesh kumar, soh kheng mei juliana, sabrena binte abdullah, suresh natarajan, cindy karim

Causes

Education Health & Wellness Children

Highlights

Donations are tax-deductible
Registered Charity
Established since 2013
Published yearly Annual Reports
Audited Financial Statements

Society Impact

Improved educational outcomes: By providing a quality learning experience, students may achieve better academic results and be more prepared for future education or employment opportunities.
Increased confidence and competency: The school's focus on building students' character can lead to increased self-confidence and competence in various areas of life.
Safer learning environment: By fostering a safe and caring atmosphere, the school may reduce instances of bullying or other harmful behaviors that could negatively impact student wellbeing.
Community engagement: The school's mission to build a community committed to providing an engaging learning experience can lead to increased involvement from parents, teachers, and local organizations in supporting students' education.
Preparation for workforce readiness: By assisting students in

Donation Income

S$21,985,405In 2022

Financials

Donation Income

S$21,985,405In 2022

What are the donations used for?

Improved educational outcomes: By providing a quality learning experience, students may achieve better academic results and be more prepared for future education or employment opportunities.
Increased confidence and competency: The school's focus on building students' character can lead to increased self-confidence and competence in various areas of life.
Safer learning environment: By fostering a safe and caring atmosphere, the school may reduce instances of bullying or other harmful behaviors that could negatively impact student wellbeing.
Community engagement: The school's mission to build a community committed to providing an engaging learning experience can lead to increased involvement from parents, teachers, and local organizations in supporting students' education.
Preparation for workforce readiness: By assisting students in

Financial Information

Source: Charity Portal

Charities 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	12,464	9,142	1,765
Non Tax-Deductible	6,514	67,010	85,579
Total Donations in Cash	18,978	76,152	87,344
Donations in Kind
Tax-Deductible	0	0	0
Non Tax-Deductible	0	0	0
Total Donations in Kind	0	0	0
Government Grants	20,734,251	20,150,882	20,114,192
Investment Income	115,862	21,402	44,888
Programme Fees	331,939	289,460	0
Others Income	62,080	779,524	0
Total Receipts	21,263,110	21,317,420	20,246,424
Capital in Nature	722,295	384,261	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)	0	0	0
Overseas (Direct & Support)	0	0	0
Charitable Activities/Programme Expenses	NaN	NaN	NaN
Expenses
Other Expenses	20,251,637	17,687,456	15,520,919
Total Expenditure	20,251,637	17,687,456	15,520,919

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	6,319,095	5,548,405	2,773,516
Investments	5,623,802	5,614,258	1,591,855
Inventories	0	0	0
Account Receivables	46,822	30,060	196,571
Cash & Deposits	18,632,632	19,307,668	21,888,368
Other Assets	300,670	133,108	131,120
Total Assets	30,923,021	30,633,499	26,581,430
Funds
Total Unrestricted Funds	22,172,877	21,161,404	17,565,496
Total Restricted Funds	418,317	418,317	384,261
Endowments Funds	0	0	0
Total Funds and Reserves	22,591,194	21,579,721	17,949,757
Liabilities
Total Current Liabilities	7,904,629	8,443,416	8,256,198
Total Non-Current Liabilities	427,198	610,362	375,475
Total Liabilities	8,331,827	9,053,778	8,631,673
Total Funds and Liabilities	30,923,021	30,633,499	26,581,430

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	141	120	119
Total Employee Cost	16,149,812	14,204,524	12,909,298
Fudnraisig Efficiency Ratio	0	0	0
Total Related Party Transactions	789,762	1,187,249	1,579,036