Annual Information Statement 2017

Legal Name: 
The Social Foundry Ltd.
ABN: 
91614111367

Section A: Charity Information

Other names charity is known by (such as trading name): 
Social Foundry
Charity size: 
Small
Basic Religious Charity: 
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity: 
Employment and training
Main activities: 
Economic, social and community development
Description of charity's activities and outcomes: 
The Social Foundry is a social enterprise that seeks to empower communities to mentor, nurture and impart life skills to at-risk people in their local neighbourhoods. We are structured around three core business units including Conservation Land management, Woodworking and carpentry training and Hospitality.
Main beneficiary: 
Adults - aged 25 to under 65
Other beneficiaries: 
  • Migrants, refugees or asylum seekers
  • Financially disadvantaged people
  • People at risk of homelessness/ people experiencing homelessness
  • Unemployed persons
  • Other
    • Aged group 18-65 years (broader group than 25-65 listed above)
Where the charity conducted activities during the 2017 reporting period: 
Victoria
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources: 
  • Full time employees: 1
  • Part time employees: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 2

Section D: Finance

Charity's 2017 reporting period: 
1 July 2016 to 30 June 2017
Accounting method used in the 2017 reporting period: 
Cash

Income Statement summary

Revenue/receipts
Donations and bequests: 
$48,035.00
Revenue from providing goods or services: 
$4,994.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$0.00
Other revenue/receipts: 
$0.00
Total revenue/receipts: 
$53,029.00
Other income (for example, gains): 
$1.00
Total income/receipts: 
$53,030.00
Expenses/Payments
Employee expenses/payments: 
$38,022.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$0.00
Other expenses/payments: 
$12,802.00
Total expenses/payments: 
$50,824.00
Net surplus/(deficit): 
$2,206.00

Balance Sheet Extract

Total assets: 
$19,714.00
Total liabilities: 
$19,486.00
Net assets/liabilites: 
$228.00

Section E: Annual report

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

Section F: Reporting to state or territory regulators

Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes