Annual Information Statement 2017

Legal Name: 
The New Democracy Foundation
ABN: 
28349680213

Section A: Charity Information

Other names charity is known by (such as trading name): 
New Republic Foundation
Charity size: 
Medium
Basic Religious Charity: 
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity: 
Research
Description of charity's activities and outcomes: 
The newDemocracy Foundation conducts trials of innovations in democratic structure and process. Its aim is to identify processes that yield greater trust among citizens when making public decisions. The Foundation holds the view that public trust and confidence in some areas of political decision making is low and new methods should be researched and communicated to elected representatives at all tiers of government in a non-partisan basis. As a scientific and scholarly research organisation, we study the practical impact of citizen engagement with political processes at all levels of Government. We examine aspects of democratic renewal including the interrelationships between different kinds of deliberative activities and Government. Our research is focused (but not exclusively) on the responses of the community and elected representatives to the usefulness and benefits of these processes .
Main beneficiary: 
General community in Australia
Where the charity conducted activities during the 2017 reporting period: 
  • Australian Capital Territory
  • New South Wales
  • Victoria
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

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

Section D: Finance

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

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$288,445.00
Revenue from providing goods or services: 
$542,922.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$879.00
All other revenue: 
$1,417.00
Total revenue: 
$833,663.00
Other income (for example, gains): 
$0.00
Total gross income: 
$833,663.00
Expenses
Employee expenses: 
$56,000.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$783,738.00
Total expenses: 
$839,738.00
Net surplus/(deficit): 
$-6,075.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$-6,075.00

Balance Sheet extract

Assets
Total current assets: 
$151,505.00
Total non-current assets: 
$2,138.00
Total assets: 
$153,643.00
Liabilities
Total current liabilities: 
$85,979.00
Total non-current liabilities: 
$0.00
Total liabilities: 
$85,979.00
Net assets/liabilities: 
$67,664.00
Financial report submitted to a state/territory regulator?
No

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?
Yes
Select the state/territory where the charity intends to fundraise in the 2018 reporting period: 
NSW fundraising number: 23378