Annual Information Statement 2018

Legal Name
Co As It Italian Association Of Assistance
ABN
23002288539

About the charity

Charity size
Large
Fundraising online
No
Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2018 reporting period
NSW fundraising number: 13012
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2018 reporting period?
Yes
Main activity
Aged care activities
Main activities
  • Primary and secondary education
  • Other education
  • Mental health and crisis intervention
  • Social services
  • Economic, social and community development
Description of charity's activities and outcomes
Co.As.It., provides a range of community and education services. These are predominantly targeted to the Italian community. In the area of education we provide out-of-school hour Italian language classes, Italian courses for adults and we run our own resources centre (library) for the community to access. Co.As.It. also owns and operates the Italian bilingual school, a primary School the teaches the NSW curriculum in both English and Italian. Within our community services we offer in home support via our Homecare packages program, centre based daycare for older people, dementia support, gambling, mental health and youth and family services. The
organisation is supported by over 70 volunteers.
Where the charity conducted activities during the 2018 reporting period
New South Wales
Will the charity change or introduce any activities in the 2019 period?
No
Main beneficiary
People from a culturally and linguistically diverse background
Other beneficiaries
  • Early childhood - aged under 6
  • Children - aged 6 to under 15
  • Youth - aged 15 to under 25
  • Adults - aged 25 to under 65
  • Migrants, refugees or asylum seekers

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Human Resources

Human resources
  • Full time employees: 44
  • Part time employees: 99
  • Casual employees: 10
  • Full-time equivalent staff (FTE): 112.73
  • Estimated number of volunteers: 75

Financial Reporting

Charity's 2018 reporting period
1 January 2018 to 31 December 2018
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$20,500.00
Revenue from providing goods or services
$1,101,695.00
Revenue from government including grants
$673,423.00
Revenue from investments
$0.00
All other revenue
$53,516.00
Total revenue
$1,849,134.00
Other income (for example, gains)
$0.00
Total gross income
$1,849,134.00
Expenses
Employee expenses
$1,430,883.00
Interest expenses
$91,500.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$344,718.00
Total expenses
$1,867,101.00
Net surplus/(deficit)
$-17,967.00
Other comprehensive income
$0.00
Total comprehensive income
$-17,967.00

Balance Sheet extract

Assets
Total current assets
$4,836,598.00
Non-current loans receivable
$0.00
Other non-current assets
$24,080,083.00
Total non-current assets
$24,080,083.00
Total assets
$28,916,681.00
Liabilities
Total current liabilities
$4,404,886.00
Non-current loans payable
$4,660,000.00
Other non-current liabilities
$814,869.00
Total non-current liabilities
$5,474,869.00
Total liabilities
$9,879,755.00
Net assets/liabilities
$19,036,926.00