Charity
Student Advisory Centre
About
What does Student Advisory Centre do?
The Student Advisory Centre (SAC) is a charitable organization dedicated to helping children from underprivileged families meet their basic needs, such as food and education, in order to break the cycle of poverty. SAC offers a wide range of assistance including monthly groceries, lunch pocket money, cooked dinners, educational necessities through its Grant-A-Wish program, and socio-emotional support through counseling sessions. Donations are tax deductible.
Founded
2002
People
xie sheng jie, timothy cheng weilong, lim kwee choo, cindy khoo seow chyng, danny chan yak see, lau hamilton atsumi, shereen farzana
Causes
No PovertyHealth & WellnessChildrenEducationFood SecurityHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2002
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Helping children from needy families meet basic needs such as food and education, breaking the cycle of poverty.
- Providing a broad range of assistance including monthly groceries, lunch pocket money, cooked dinners, educational necessities, health items, and household items.
- Offering socio-emotional support through counselling sessions to provide a safe space for children to express themselves and learn coping skills.
- Empowering children and youth by focusing on their strengths rather than weaknesses.
- Providing holistic education, assistance programs, and opportunities to maximize every child's potential.
- Supporting over 1,000 beneficiaries each year with services that equip them for future success and help break the poverty cycle.
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?
- Helping children from needy families meet basic needs such as food and education, breaking the cycle of poverty.
- Providing a broad range of assistance including monthly groceries, lunch pocket money, cooked dinners, educational necessities, health items, and household items.
- Offering socio-emotional support through counselling sessions to provide a safe space for children to express themselves and learn coping skills.
- Empowering children and youth by focusing on their strengths rather than weaknesses.
- Providing holistic education, assistance programs, and opportunities to maximize every child's potential.
- Supporting over 1,000 beneficiaries each year with services that equip them for future success and help break the poverty cycle.
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 | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,366,291 | 1,382,949 | 2,393,710 |
| Non Tax-Deductible | 968,510 | 593,788 | 803,128 |
| Total Donations in Cash | 2,334,801 | 1,976,737 | 3,196,838 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 201,642 | 232,269 | 130,231 |
| Total Donations in Kind | 201,642 | 232,269 | 130,231 |
| Government Grants | 1,469,104 | 1,519,346 | 1,461,005 |
| Investment Income | 0 | 0 | 14,986 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 44,114 | 34,453 | 360 |
| Total Receipts | 4,049,661 | 3,762,805 | 4,803,420 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 10,693 | 4,970 | 3,969 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 2,265,418 | 2,155,143 | 1,612,625 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 2,265,418 | 2,155,143 | 1,612,625 |
| Expenses | |||
| Other Expenses | 257,479 | 160,094 | 120,972 |
| Total Expenditure | 2,533,590 | 2,320,207 | 1,737,566 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 143,670 | 364,898 | 515,258 |
| Investments | 1,949,762 | 1,013,300 | 0 |
| Inventories | 4,630 | 23,341 | 25,966 |
| Account Receivables | 0 | 0 | 0 |
| Cash & Deposits | 6,933,086 | 6,097,329 | 5,531,673 |
| Other Assets | 102,864 | 61,272 | 81,917 |
| Total Assets | 9,134,012 | 7,560,140 | 6,154,814 |
| Funds | |||
| Total Unrestricted Funds | 7,536,003 | 6,293,201 | 5,146,235 |
| Total Restricted Funds | 1,469,151 | 1,195,882 | 900,250 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 9,005,154 | 7,489,083 | 6,046,485 |
| Liabilities | |||
| Total Current Liabilities | 63,008 | 5,207 | 42,479 |
| Total Non-Current Liabilities | 65,850 | 65,850 | 65,850 |
| Total Liabilities | 128,858 | 71,057 | 108,329 |
| Total Funds and Liabilities | 9,134,012 | 7,560,140 | 6,154,814 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 17 | 13 | 10 |
| Total Employee Cost | 991,438 | 810,159 | 452,174 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 107,856 | 119,089 |
People
At the Student Advisory Centre (SAC), individuals work together to help underprivileged children meet their basic needs, such as food and education, in order to break the cycle of poverty. They offer a variety of assistance including monthly groceries, lunch pocket money, cooked dinners, educational necessities through its Grant-A-Wish program, and socio-emotional support through counseling sessions.
xie sheng jie
timothy cheng weilong
lim kwee choo
cindy khoo seow chyng
danny chan yak see
lau hamilton atsumi
shereen farzana
News
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