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AIS Report - 2019
Annual Information Statement 2019
Legal Name:
Financial Counselling Australia Ltd
ABN:
67073167361
About the charity
Charity size:
Large
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No
Basic Religious Charity:
No
Activities and Beneficiaries
Did the charity operate in the 2019 reporting period?
Yes
Main activity:
Social services
Description of charity's activities and outcomes:
FCA is the national voice for the financial counselling profession in Australia. It is a not-for-profit organisation that:
- Provides resources and support for financial counsellors;
- Advocates for a fairer marketplace;
- Works to raise the profile of financial counsellors;
- Advocates to increase access to financial counselling; and
- Works to improve hardship processes for people in financial difficulty
- Provides resources and support for financial counsellors;
- Advocates for a fairer marketplace;
- Works to raise the profile of financial counsellors;
- Advocates to increase access to financial counselling; and
- Works to improve hardship processes for people in financial difficulty
Where the charity conducted activities during the 2019 reporting period:
- Australian Capital Territory
- New South Wales
- Northern Territory
- Queensland
- South Australia
- Tasmania
- Victoria
- Western Australia
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary:
General community in Australia
Annual report
Human Resources
Human resources:
- Full time employees: 5
- Part time employees: 3
- Casual employees: 3
- Full-time equivalent staff (FTE): 7.60
- Estimated number of volunteers: 2
Financial Reporting
Charity's 2019 reporting period:
1 July 2018 to 30 June 2019
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: | $6,000.00 |
Revenue from providing goods or services: | $0.00 |
Revenue from government including grants: | $676,583.00 |
Revenue from investments: | $14,196.00 |
All other revenue: | $1,011,209.00 |
Total revenue: | $1,707,988.00 |
Other income (for example, gains): | $0.00 |
Total gross income: | $1,707,988.00 |
Expenses
Employee expenses: | $810,613.00 |
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: | $932,394.00 |
Total expenses: | $1,743,007.00 |
Net surplus/(deficit): | $-35,019.00 |
Other comprehensive income: | $0.00 |
Total comprehensive income: | $-35,019.00 |
Balance Sheet extract
Assets
Total current assets: | $1,397,943.00 |
Non-current loans receivable: | $0.00 |
Other non-current assets: | $31,652.00 |
Total non-current assets: | $31,652.00 |
Total assets: | $1,429,595.00 |
Liabilities
Total current liabilities: | $384,056.00 |
Non-current loans payable: | $0.00 |
Other non-current liabilities: | $0.00 |
Total non-current liabilities: | $0.00 |
Total liabilities: | $384,056.00 |
Net assets/liabilities: | $1,045,539.00 |