Annual Information Statement 2017

Legal Name
Kinfolk Enterprise
ABN
63142499741

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Economic, social and community development
Description of charity's activities and outcomes
Kinfolk exists to build more inclusive communities. Our hospitality businesses are our vehicle for offering belonging, capacity building and technical training for all involved. More than 550 Volunteers, or Vollies as theyve become known, have contributed over 32,000 hours since Kinfolk started recording data in 2012. Kinfolks inclusive approach has always meant that we involve, support and learn from an extremely diverse community. This approach breaks down existing barriers within our society. Volunteers and staff, despite their challenges, get to know one another, build their confidence and together contribute to an outcome far bigger than themselves. At Kinfolk we have always focused on providing the best opportunities and support for the individuals involved in our program. For this reason we have found it really difficult to isolate the factors to measure and report on to measure the success of the program. The volunteers we work with are all so different and the outcomes for measuring success differ for each person. Whilst we acknowledge this as a challenge, it is also one of the great strengths of the Volunteer program as we are able to support many people who would not opt for a one-size-fits-all approach.
Main beneficiary
People at risk of homelessness/people experiencing homelessness
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: 9
  • Part time employees: 4
  • Casual employees: 12
  • Full-time equivalent staff (FTE): 12
  • Estimated number of volunteers: 97

Section D: Finance

Charity's 2017 reporting period
1 July 2016 to 30 June 2017
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
Yes
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
No

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$42,472.00
Revenue from providing goods or services
$1,653,998.00
Revenue from government including grants
$0.00
Revenue from investments
$3,900.00
All other revenue
$322.00
Total revenue
$1,700,692.00
Other income (for example, gains)
$0.00
Total gross income
$1,700,692.00
Expenses
Employee expenses
$874,984.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$804,094.00
Total expenses
$1,679,078.00
Net surplus/(deficit)
$21,614.00
Other comprehensive income
$0.00
Total comprehensive income
$21,614.00

Balance Sheet extract

Assets
Total current assets
$188,024.00
Non-current loans receivable
$0.00
Other non-current assets
$84,588.00
Total non-current assets
$84,588.00
Total assets
$272,612.00
Liabilities
Total current liabilities
$179,333.00
Non-current loans payable
$0.00
Other non-current liabilities
$11,665.00
Total non-current liabilities
$11,665.00
Total liabilities
$190,998.00
Net assets/liabilities
$81,614.00
Financial report submitted to a state/territory regulator?
Yes
State or territory of the regulator where financial report was submitted
Victoria

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?
No
Does the charity intend to fundraise in the next reporting period?
No