Hong Kong Unison

Small in scale
Income statement on audit report only show the income(~$160k) and expense(~$340k) of General Fund and the major expense was salaries (~$2.5million)
Designated fund balance was shown under Balance Sheet
To gain a better understanding of the operating status, we consider the income and expenditure of designated fund when doing the analysis and rating
Major source of income was donation from foundations
Public donation took relative small portion
High fundraising efficiency
Average cost of raising every $100 was about $2
Fund raising cost was less than 1% of total expenditure
Project expense, salaries and administrative expense were about 85%, 11% and 2% of total expenditure
Most expenditure was spent on charitable project (designated projects)
Salaries and administrative expense only took a small % of total expenditure which was better than some larger organizations
Reflecting an effective cost control
Recorded a surplus of designated funds and cash in hand can support about 8 months of projects operation
Recorded a serious deficit of general fund (for operation)
Serve the ethical minority in Hong Kong
Posted research report on website
Provided scholarship and career advisory service
No service statistics on the website but directors’ report was very detail and stated the works done during the year
Proactively provided more information of the organisation such as reconciliation and willing to communicate with the public

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 stating the service statistics on website so that the public will have a better understanding of the operation status
To improve the deficit status of General Fund

Charity Information

To serve Hong Kong's Ethnic Minority Residents </br> Works include advocacy, education, research and service referrals

http://www.unison.org.hk/

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