Annual Information Statement 2020

Legal Name
Partners For Equity Limited
ABN
55606221390

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
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Eye Surgeries
Program classification
Eye diseases
Program overseas locations
  • Bangladesh
  • Cambodia
  • Myanmar
  • Nepal
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Adults - aged 65 and over
  • Others - People in disadvantaged communities in the developing world

International activities undertaken
  • Transferring funds or goods overseas
  • Operating overseas including delivering programs
Description of the charities international activities
PFE provides grants to partners overseas (including South East Asia, East and West Africa and the Indian Sub-Continent) who are delivering programs in their local communities (including in the health, education and livelihoods sectors).
Description of the charities activities and outcomes
PFE partnered with non-government, community based, local organisations in developing countries to
provide aid to communities that are disadvantaged or living in poverty. PFE provided grants for programs
primarily in the health, education and livelihoods sectors. For more information see
www. partnersforequity.org

Human Resources

Employees and volunteers
  • Full time employees: 0
  • Part time employees: 1
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 0.70
  • Estimated number of volunteers: 4

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
Type of financial statement
Special 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
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$17,058,651.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$23.00
All other revenue
$0.00
Total revenue
$17,058,674.00
Other income (for example, gains)
$15,000.00
Total gross income
$17,073,674.00
Expenses
Employee expenses
$84,877.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$16,753,336.00
All other expenses
$106,049.00
Total expenses
$16,944,262.00
Net surplus/(deficit)
$129,412.00
Other comprehensive income
$0.00
Total comprehensive income
$129,412.00

Balance Sheet extract

Assets
Total current assets
$880,582.00
Non-current loans receivable
$0.00
Other non-current assets
$3,945.00
Total non-current assets
$3,945.00
Total assets
$884,527.00
Liabilities
Total current liabilities
$3,342.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$3,342.00
Net assets/liabilities
$881,185.00