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
Fundraising online
No
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