SBWS - Audited Financial Statement
| Incoming Receipts | 2016 (S$) | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2020/2019 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| Donations | ||||||
| - Tax Deductible | 1,678,247 | 1,314,861 | 1,814,407 | 2,026,219 | 1,577,127 | (22) |
| - Non Tax Deductible | 1,402,354 | 1,069,236 | 1,330,997 | 1,610,739 | 1,239,962 | (23) |
| Grants/Sponsorships | 1,097,904 | 1,839,408 | 1,341,756 | 71,049 | 244,966 | 245 |
| Membership fees | 51,404 | 54,940 | 50,184 | 42,632 | 35,127 | (18) |
| Investment income | 674 | 10,673 | 14,169 | 25,981 | 15,265 | (41) |
| Investment Gains | N.A | N.A | N.A | N.A | N.A | N.A |
| Others | 3,556,009 | 3,646,231 | 4,517,122 | 4,929,851 | 6,089,842 | 24 |
| Restricted Funds | 960,685 | 955,188 | 837,491 | 1,881,078 | 2,067,106 | 10 |
| Total Receipts | 8,747,277 | 8,890,537 | 9,906,126 | 10,587,549 | 11,269,395 | 6 |
| Expenses | 2016 (S$) | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2020/2019 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| Direct Charitable Expenses | ||||||
| - Local | 2,864,770 | 2,619,858 | 1,909,432 | 2,701,690 | 2,713,835 | 0 |
| - Overseas | N.A | N.A | N.A | N.A | N.A | N.A |
| Operating/Administration Expenses | 4,127,729 | 5,337,978 | 5,791,143 | 4,633,611 | 4,805,668 | 4 |
| Fundraising | - | - | - | - | - | N.A |
| Publicity | N.A | N.A | N.A | N.A | N.A | N.A |
| Capital Expenses | N.A | N.A | N.A | N.A | N.A | N.A |
| Others | N.A | N.A | N.A | N.A | N.A | N.A |
| Total Expenditures | 6,992,499 | 7,957,836 | 7,700,575 | 7,335,301 | 7,519,503 | 3 |
| Restricted Funds Expenses | 702,020 | 1,407,304 | 1,407,304 | 2,874,252 | 2,725,767 | (5) |
| Excess (Deficit) | 1,052,758 | (474,603) | 798,247 | 377,996 | 1,024,125 | 171 |
| BALANCE SHEET | 2016 (S$) | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2020/2019 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Land and Building | 41,694,378 | 40,967,070 | 39,975,595 | 40,121,708 | 40,806,163 | 2 |
| Tangible Assets | 3,273,927 | 4,633,868 | 4,450,480 | 5,611,801 | 5,396,134 | (4) |
| Investments | N.A | N.A | N.A | N.A | N.A | N.A |
| Inventories | 11,091 | 13,843 | 12,779 | 21,297 | 24,048 | 13 |
| Accounts Receivable | 1,730,832 | 1,529,301 | 1,522,230 | 1,544,648 | 1,551,944 | 0 |
| Cash and Deposits | 3,971,509 | 4,566,232 | 6,701,384 | 6,919,743 | 8,814,014 | 27 |
| Others | - | - | - | - | - | N.A |
| Total Assets | 50,681,737 | 51,710,314 | 52,662,468 | 54,219,197 | 56,592,303 | 4 |
| FUNDS | ||||||
| Unrestricted Fund | 36,601,383 | 36,627,939 | 37,921,916 | 38,973,907 | 40,656,693 | 4 |
| Restricted Fund | 12,801,882 | 12,300,723 | 11,804,993 | 11,130,998 | 10,472,337 | (6) |
| Endowment Fund | N.A | N.A | N.A | N.A | N.A | N.A |
| Total Funds | 49,403,265 | 48,928,662 | 49,726,909 | 50,104,905 | 51,129,030 | 2 |
| LIABILITIES | ||||||
| Long Term Liabilities | 360,894 | 1,889,225 | 1,715,646 | 1,718,274 | 3,060,571 | 78 |
| Current Liabilities | 917,578 | 892,427 | 1,219,913 | 2,396,018 | 2,402,702 | 0 |
| Total Liabilities | 1,278,472 | 2,781,652 | 2,935,559 | 4,114,292 | 5,463,273 | 33 |
| Total Liabilities and Funds | 50,681,737 | 51,710,314 | 52,662,468 | 54,219,197 | 56,592,303 | 4 |
| OTHER INFORMATION | 2016 (S$) | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2020/2019 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| Donations/Grants & Sponsorship given to other Charities | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | - |
| No. of Employees | 76 | 85 | 92 | 106 | 111 | 5 |
| Total Employee Costs | 2,571,562 | 2,962,784 | 3,494,744 | 4,145,218 | 4,553,386 | 10 |
