ANÁLISIS Y DISCUSIÓN
5.2. Análisis inferencial y Comprobación de Hipótesis Tabla 6
AN EXTRA•ORDINARY CELEBRATION OF RESILIENCE
As Singapore navigates the challenges of COVID-19, the third edition of our signature annual event will take on a different slant. An Extra•Ordinary Celebration of Resilience will be a pre-recorded digital production showcasing the resilience of the special needs community and aiming to instill hope in the future. The production is scheduled to premiere in the first quarter of 2021, featuring stories from Extra•Ordinary People’s beneficiaries and exciting performances.
INTEGRATED THERAPY
With the conclusion of the Sponsor a Star programme, our team evaluated feedback collected from the families in order to improve and develop our next programme.
For the next stage, we seek to prepare our beneficiaries to be ready for independent living. After careful consideration, we will raise the age group to support children and youth aged 6 to 35 years old, moving our focus towards group programmes. The group programmes will be designed around building the resilience of the children and youth, equipping them with essential life skills such as social skills and self-regulation skills. We are also developing programmes to support parents and caregivers in their caregiving journey.
FUNDRAISING PLANS
COVID-19 has challenged all charities to rethink their fundraising strategies. With the restrictions imposed on in-person events, our fundraising plans will partially shift online, where we will work on reaching new communities in support of our cause.
EXPENDITURE PLANS
With lessons gleaned from the ongoing COVID-19 outbreak, we believe it is critical that we shore up our digital capabilities while we continue to serve our beneficiaries and advocate for them. In the organisation of fundraising events, expenses will have to be set aside for digital productions in order to reach a wider target audience.
As such, we foresee expenditure in the following areas in the next fiscal year:
• Digitalisation in client management, finance and HR
• Fundraising
• Programmes (to support therapy, employment and caregiver support services)
• Therapy resources
• Events (An Extra•Ordinary Celebration)
• Administration / Overheads / Payroll
• Information Technology
Governance
ROLE OF THE GOVERNING BOARD
The Board’s role is to provide strategic direction and oversight of Extra•Ordinary People’s programmes and objectives and to steer the charity towards fulfilling its vision and mission through good governance. As part of its role, the Board is required to review and approve the following matters:
• Approve budget for the financial year and monitor expenditure against budget;
• Review and approve quarterly financial statements;
• Regularly monitor the progress of the charity’s programmes.
Ms Wee Wei Ling
Mr Wee Boo Kuan Ms Leong Wai Leng Prof Lee Chuen Neng Mr Ng Kim Tean
Name of Board Members Percentage of Attendance All present
All present
All present
All present
All present BOARD MEETINGS AND ATTENDANCE
For the financial year of July 2019 to June 2020, four Board Meetings were held on 19 March 2020, 21 September 2020, 6 October 2020 and 13 October 2020. One Annual General Meeting was held on 31 December 2020. The meetings were delayed due to COVID-19 and held once safety measures allowed for them.
DISCLOSURE OF REMUNERATION AND BENEFITS RECEIVED BY BOARD MEMBERS
SUB-COMMITTEES
Due to COVID-19, Board meetings were scheduled in the second half of 2020.
Audit Committee
• Assist in fulfilling Extra•Ordinary People’s obligations relating to internal controls and risk management
• Advises and provides directives on audit and compliance-related matters
Chairperson Ms Leong Wai Leng Member
Mr Ng Kim Tean
Sub-Committee Members
Finance Board Committee
• Assist in fulfilling Extra•Ordinary People’s obligations relating to financial planning and development
• Advises and provides directives on finance-related matters
Chairperson Mr Wee Boo Kuan Member
Ms Wee Wei Ling
Programmes Committee
• Assist in fulfilling Extra•Ordinary People’s obligations relating to programmes and services offered by Extra•Ordinary People and its partners
• Advises and provides directives on programmes and service development matters
Chairperson Mr Wee Boo Kuan Member
Ms Wee Wei Ling
Nomination Committee
• Assist in fulfilling Extra•Ordinary People’s obligations relating to strategic leadership and management
• Advises and provides directives on key appointment and nomination matters
Chairperson Prof Lee Chuen Neng Member
Mr Ng Kim Tean Fundraising Committee
• Assist in fulfilling Extra•Ordinary People’s obligations relating to fundraising and donation accountability
• Advises and provides directives on fundraising and stewardship matters
Chairperson Prof Lee Chuen Neng Member
Ms Wee Wei Ling
Human Resource Committee
• Assist in fulfilling Extra•Ordinary People’s obligations relating to personnel planning and development
• Advises and provides directives on personnel-related matters
Chairperson Mr Ng Kim Tean Member
Ms Wee Wei Ling
DISCLOSURE OF REMUNERATION AND BENEFITS RECEIVED BY STAFF
• None of the charity’s staff receives more than $100,000 in annual remuneration each
• The charity has no paid staff, who are close members of the family of the Executive Head or Board members, who each receives total remuneration of more than $50,000 during the year.
RESERVES POLICY
Impacted by COVID-19, Extra•Ordinary People will work on strengthening its fundraising strategy towards building its reserves to two years of projected operating expenditure.
Charity’s Reserves Position
RESTRICTED FUNDS Performing Arts Fund
The Performing Arts Fund was designated for the operation of performing arts classes that are designed to cater to children and persons with different abilities to have access to performing arts. Beginning 4 January 2019, the Board classified the fund as restricted and transferred the remaining balance to this fund. Subsequent to this date, all monies received from the public were raised for the specific purpose.
(A) General / Unrestricted Funds (Reserves)
Restricted Funds / Endowment Fund Performing Arts Fund
$145,965 Current Year Previous Year
$135,098
$262,348
(B) Annual Operating Expenditures $2,415,000 $1,731,744
Ratio of Reserves
[Formula of Reserve Ratio = (A) Total Unrestricted Funds / (B) Annual Operating Expenditure]
0.08 : 1 -0.06 : 1
$266,447
CONFLICT OF INTEREST POLICY
All Board members and staff are required to comply with the charity’s Conflict of Interest Policy. The Board has put in place documented procedures for Board members and staff to declare actual or potential conflicts of interest on a regular and need-to-basis. Board members also abstain and do not participate in decision-making on matters where they have a conflict of interest.
WHISTLE BLOWING POLICY
Our charity has in place a Whistle Blowing Policy to address concerns about possible wrongdoing or improprieties in financial or other matters within the charity.
Sponsor a Star Fund
The Sponsor a Star Fund was set up to provide a one-stop integrated programme comprising multidisciplinary intervention services, performing and visual arts classes as well as caregiver support and training to children from low-income families. The programme concluded in June 2020, with the fund fully utilised to support 112 children and their families.
Extra•Ordinary Apprenticeship Programme Fund
The fund supports the Extra•Ordinary Apprenticeship Programme, which aims to increase the employability of persons with special needs through a Place-and-Train model where a school graduating student is placed in actual employment settings for training. The student will then be provided necessary support from Ability Coaches and therapists throughout the transitional period towards employment.
Extraordinary Care Programme Fund
The fund was set up to support the Extraordinary Care Programme, which was conceived to ensure that children with special needs can receive up to 15 years of weekly therapy sessions with an integrated therapy service provider, as well as trained medical escorts to accompany the child to and from therapy sessions.