Financial Information

This is a brief summary of SADeaf’s audited financial statements for the past three financial years.

 

Income FY18/19 FY19/20 FY20/21
(S$’000) (S$’000) (S$’000)
Donations in Cash
– Tax Deductible 476 518 440
– Non-Tax Deductible 230 131 245
Government Grants 4,000 2,228 4,738
Investment Income 51 69 41
Programme Fees 393 477 336
Others 453 810 1254
Total Receipts 5,603 4,233 7,054
Expenses
Direct Fund-raising Expenses
– Direct Expenses 14 24 7
– Indirect Expenses
Charitable Activities Expenses
– Local 1046 961 962
– Overseas 28 18
Other Operating/ Administration Expenses 3,704 4,016 4,055
Total Expenditure 4,792 5,019 5,024
Surplus / (Deficit) 811 -786 2,030
Balance Sheet FY18/19 FY19/20 FY20/21
(S$’000) (S$’000) (S$’000)
 ASSETS
Tangible Assets 154 601 1430
Investments
Inventories 24 16 15
Accounts Receivable 254 634 446
Cash & Deposits 8,045 7,180 9,215
Others
Total Assets 8,477 8,431 11,106
FUNDS
Unrestricted Fund 2,525 2,500 3,621
Restricted Fund 5,585 4,708 5,616
Total Funds 8,110 7,208 9,237
LIABILITIES
Long-Term Liabilities 30 54 990
Current Liabilities 337 1168 879
Total Liabilities 367 1223 1869
Total Liabilities and Funds 8,477 8,431 11,106
Other Information FY18/19 FY19/20 FY20/21
(S$’000) (S$’000) (S$’000)
Donations/Grants and Sponsorships given to other Charities
No. of Employees 56 64 68
Total Employee Costs 3,384 3,722 3,833

For full financial statements, please refer to the Annual Reports available for download.

SADeaf has a finance policy for staff and finance personnel and also a reserve policy. The Admin and Finance Committee and the Executive Council regularly monitor the accounts and its funds.

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