Kwun Tong Resident Association

Major source of income was sponsorship
Second major source of income was service income
Donation only took a small portion of total income
Income from fund raising event was only about $50,000 during the year, which was significantly lower than the flag day income (over $410,000) in the previous year
To provide an objective view of the fund raising efficiency, we sum up the fund raising income and expense of both 2010 and 2011 and calculated the fund raising efficiency
Cost of raising every $100 was about $13 and the fund raising expense was also only about 1% of total expenditure
Project expense, salaries and administrative expense were about 28%, 58% and 11% of total expenditure Salaries should have included front line staff cost
Recorded a deficit
Cash in hand can support about 2-3 months operation
The latest service report online was for the year of 2009
No detail of the services and activities for year 2010 and 2011

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 disclosing the proportion of front line staff
To upload the service report for year 2010 and 2011
To pay attention and improve the financial deficit

Charity Information

To provide diversify social services </br> To serve infants, youths, women, elderly and new immigrants</br> To organize recreational activities</br> To advocate the rights of Kwun Tong residents</br> To support charitable activities</br> To provide civic education

http://www.ktra.org.hk/

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