Financial Statement
Singapore American Community Action Council
Sports and Administration Office
40 Woodlands St 41
Singapore 738547
Tel: 6363-6454
Fax: 6368-9757
E-mail: sacac@sas.edu.sg
Counseling and Community Programs Office
The American Club
10 Claymore Hill
Singapore 229573
Tel: 6733-9249
Fax: 6733-9321
E-mail: admin@sacac.com
Charity Registration No.0144 23 February 1985
Effective Date: 01/01/06 - 31/12/10
Date of Establishment 26 June 1973
A member of General Central Fund
ROS/RCB Registration No. 0181/1973 WEL
Objectives:
The objective of the Council is to combat drug usage and problems associated therewith in Singapore, particularly within the American community, through rendering counseling services, sponsorship of sports and leisure activities, organization of mental health programs, liaison with local law enforcement agencies, and implementation of other projects which may lessen the incidents of substance abuse.
| SACAC Board of Management (2007-2008) |
| |
|
| Chairman |
Philip DeFord |
| 1st Vice Chairman |
Kate McCabe |
| 2nd Vice Chairman |
Gary Spengler |
| Honorary Secretary |
Paul Grgas |
| Honorary Treasurer |
Robert Brundage |
| Board Member |
Tim Hearne |
| Board Member |
Dr Paul Zakowich |
| Board Member |
Chuck Harris |
| Board Member |
Scott Weber |
| Board Member |
|
| Board Member |
|
| |
|
| Directors |
|
| |
|
| Counseling |
Cate Hey |
| Co-Sports |
Holly Kreutter |
| Co-Sports |
Phil Galetto |
| Finance |
Hau Yee Ng |
Auditors
David Yeung & Co.
128A Tanjong Pagar Road
Singapore 088535
| SINGAPORE AMERICAN COMMUNITY ACTION COUNCIL |
| STATEMENTS OF INCOME AND EXPENDITURE FOR THE YEAR ENDING 30 JUNE 2007 |
| |
2007 |
2006 |
| |
S$ |
S$ |
| INCOME |
|
|
| |
|
|
| Concession |
44,371 |
44,040 |
| Corporate and organizations donations |
125,554 |
126,122 |
| Counseling Fees |
426,041 |
307,888 |
| Fund raising |
35,264 |
18,797 |
| Interest income |
13,558 |
9,595 |
| Membership fees |
162,788 |
158,145 |
| Miscellaneous income |
30,187 |
29,606 |
| Registration and program fees |
1,146,157 |
957,312 |
| Seminar income |
9,900 |
4,838 |
| Total Income |
1,993,820 |
1,656,343 |
| |
|
|
| EXPENDITURE: |
|
|
| |
|
|
| Auditors' remuneration |
4,700 |
4,900 |
| Computer Equipment Lease |
5,604 |
5,604 |
| Depreciation of plant and equipment |
20,665 |
26,117 |
| Umpires/Officials |
23,212 |
26,644 |
| Loss on disposal of fixed assets |
82 |
396 |
| Other operating expenses |
80,036 |
92,209 |
| Premises/Field rental and maintenance |
152,922 |
154,705 |
| Professional fee |
680 |
- |
| Program expenses |
298,784 |
153,980 |
| Scholarship |
9,500 |
5,000 |
| Sports equipment and uniform expenses |
169,268 |
170,943 |
| Staff costs |
1,074,790 |
912,814 |
| Telephone, postage and stationery |
38,488 |
38,785 |
| Travelling and transportation |
37,647 |
29,866 |
| Total Expenditure |
1,916,378 |
1,621,963 |
| |
|
|
| (Deficit) / Surplus of income over expenditure for the year |
77,442 |
34,380 |
| SINGAPORE AMERICAN COMMUNITY ACTION COUNCIL |
| BALANCE SHEETS FOR THE YEAR ENDING 30 JUNE 2007 |
| |
2007 |
2006 |
| ASSETS |
|
|
| Non current assets |
|
|
Plant and equipment |
41,980 |
53,433 |
| |
|
|
| Current Assets |
|
|
Trade receivables |
2,470 |
3,772 |
Other receivables |
40,993 |
14,758 |
Cash and cash equivalents |
791,033 |
756,789 |
Total Current Assets |
834,496 |
775,319 |
| |
|
|
| Total Assets |
876,476 |
828,752 |
| |
|
|
| FUNDS AND LIABILITIES |
|
|
| Accumulated Funds |
744,138 |
666,696 |
| |
|
|
| Current Liabilities |
|
|
Trade Payables |
|
14,967 |
Other Payables |
132,338 |
147,089 |
| Total Current Liabilities |
132,338 |
162,056 |
| |
|
|
| Total Funds and Liabilities |
876,476 |
828,752 |
|
