Senior Citizen Home Safety Association

(2011)
Reducing transparency - audit report was available in 2008-2009 annual report but no longer available in 2010-11 annual report
Low fundraising efficiency (excluding flag day) - cost of raising every $100 was about $40 in TVB program and other fundraising activities
Fundraising expense was only about 1% of total expenditure
Major source of income was leasing income($67million), sales income($13million) and general donation ($10million)
Program expense, salaries and administrative expense were about 18%, 58% and 15% of total expenditure
Salaries should have included frontline staffs, however, no number of front line staffs has been disclosed and no estimation of program staff salaries to be grouped under program expense was made
Non-cash expenditure such as amortization and depreciation was about $12million
Recorded a surplus of $11million (excluding amortization and depreciation expense)
General donation has not been utilized during the year
Only the fund raised through TVB program and other activities were used
Cash and investment in hand were about $110million, which can support operation for about 1 year

(2009) Impressive fundraising efficiency, with costs only about 2% of total expenditures
Main source of income were rental income and personal contributions to the institution
Low administrative costs, project expenses and staff salaries were about 10%, 20% and 53% of total expenditure
As there is a 24-hour Personal Emergency Link Service Center, expenses included front-line staff salaries
Contributions were mainly for people in need and all-round home Personal Emergency Link Service
From 2008 to 2009, about 10,800 users were cases of charity
Volunteers visited more than 20,000 people in homes for elderly and private homes
Constantly developing new services and care for the needs of the elderly
Some of the cash were used for short and long-term investments
In the year 2008 to 2009, recorded surplus exceeding public donations
All public contributions were put into the Fund reserves to support future costs of lifeline users
As at the end of 2009, the fund reserves has approximately $ 4,350,0000, enough for the costs in the next 3 years

核查日期:Nov. 3, 2018

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

Suggestion

(2010)

To support high transparency and make the audit report available on the annual report again, so that the public can understand the operation status of the organisation better
To consider improving the fundraising efficiency

(2009)
To separately list out front-line and administrative staff to improve ratings
To consider sharing experiences with other charitable organizations who are serving the elderly
Make low-interest loans or participate in other institutions

Charity Information

To supply "Personal Emergency Link Service" and "Personal Emergency Mobile Link Services ", with advanced system to connect users and the 24-hour operation center </br> To provide immediate and appropriate assistance for elderly </br> Response to the emotional and daily needs of the elderly through hotline </br> To establish volunteer network and launch community care for elderly with other social services </br> To achieve concept of "holistic care for the elderly " </br> To provide butler service, home resource centers and educational programs.

http://www.schsa.org.hk/

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