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Dream Possible

Tuition fee (>$1.5million) was the major source of income
Donation was about $400,000 and half of it came from staffs and directors
No rating is available because of no disclosure of fund raising expense
Project expense, salaries and administrative expense were 17%, 48% and 22%
Salaries should have included the front line staffs
Rental payment under the administrative expense was about 12% of total expenditure
Depreciation expense with no real cash outflow was about 13% of total expenditure
Recorded a surplus (~570,000) and cash in hand was about $620,000 which can support operation for 9 months
Self-sufficient service nature

核查日期:Nov. 3, 2018

Rating
    
Fund Needs
$  
Fund-raising efficiency
Fund-raising expenses
Project expense
Staff salaries
Administrative expenses
010

Suggestion

To consider putting up the audit reports and financial highlights on the website so that the public will understand the operating status better

Charity Information

To provide life leadership course to individual

http://www.dreamspossible.hk/

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