Charity
YOUTH GOLF NETWORK LTD.
About
What does YOUTH GOLF NETWORK LTD. do?
Discover how YOUTH GOLF NETWORK LTD empowers young individuals through golf education & development programs to foster appreciation, competence and excellence in this beloved sport
Founded
2013
People
goh pi tuan, khoo swee suan janice, wong ah chai
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2013
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes physical activity: Encourages young people to engage in a sport that requires exercise and can contribute to overall health and well-being.
- Develops life skills: Learning golf involves discipline, patience, focus, and teamwork, which are valuable life skills that can be applied beyond the golf course.
- Fosters social connections: Golf is often played in groups or teams, providing opportunities for young people to build relationships with peers and mentors from different backgrounds.
- Encourages academic achievement: Some studies suggest a correlation between participation in sports like golf and improved academic performance due to the development of discipline and time management skills.
- Provides accessibility: By offering comprehensive golf development programs, Charity Youth Golf Network Ltd. can help make golf more accessible to young people from diverse background
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?
- Promotes physical activity: Encourages young people to engage in a sport that requires exercise and can contribute to overall health and well-being.
- Develops life skills: Learning golf involves discipline, patience, focus, and teamwork, which are valuable life skills that can be applied beyond the golf course.
- Fosters social connections: Golf is often played in groups or teams, providing opportunities for young people to build relationships with peers and mentors from different backgrounds.
- Encourages academic achievement: Some studies suggest a correlation between participation in sports like golf and improved academic performance due to the development of discipline and time management skills.
- Provides accessibility: By offering comprehensive golf development programs, Charity Youth Golf Network Ltd. can help make golf more accessible to young people from diverse background
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 | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 9,200 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 0 | 0 | 9,200 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 16,375 | 129,740 | 0 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 180 | 45,357 | 24,785 |
| Others Income | 70,359 | 3,118 | 3,339 |
| Total Receipts | 86,914 | 178,215 | 37,324 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 100,959 | 83,789 | 19,297 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 100,959 | 83,789 | 19,297 |
| Expenses | |||
| Other Expenses | 7,802 | 7,089 | 6,684 |
| Total Expenditure | 108,761 | 90,878 | 25,981 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 1,630 | 0 |
| Other Tangible Assets | 816 | 0 | 1 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 0 |
| Cash & Deposits | 873,621 | 877,385 | 783,047 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 874,437 | 879,015 | 783,048 |
| Funds | |||
| Total Unrestricted Funds | 844,215 | 866,062 | 778,725 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 844,215 | 866,062 | 778,725 |
| Liabilities | |||
| Total Current Liabilities | 30,222 | 12,953 | 4,323 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 30,222 | 12,953 | 4,323 |
| Total Funds and Liabilities | 874,437 | 879,015 | 783,048 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 1 | 0 | 0 |
| Total Employee Cost | 38,587 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Youth Golf Network Ltd., individuals are dedicated to providing educational and developmental opportunities for young individuals to enhance their understanding, skills, and performance in golf while fostering a love and appreciation for this popular sport.
goh pi tuan
khoo swee suan janice
wong ah chai
News
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