Annual Information Statement 2018

Legal Name
Planet Ark Environmental Foundation
ABN
26057221959

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 2018 reporting period?
Yes
Main activity
Environmental activities
Description of charity's activities and outcomes
As it has done since its inception in 1992, Planet Ark has continued to work with individuals, community groups, governments, organisations and businesses throughout FY 2018. Our education and behaviour change campaigns and programs aim to: promote sustainable resource use, encourage a low carbon lifestyle, and connect people with nature. Highlights of the year in each of these three areas include: our installation of commercial solar under the Planet Ark Power program, which makes it possible for businesses and other enterprises including schools to install solar with no upfront costs and ongoing savings on electricity bills; the Packaging Recyclability Evaluation Portal (PREP), which Planet Ark developed in conjunction with GreenChip to help packaging designers improve the recyclability of their packaging; in conjunction with APCO, launching the Australian Recycling Label which makes it easier for consumers to know how to dispose of packaging waste; promoting the circular economy though our Make it Recycled campaign, which encourages the recycling of used office paper, and buying it back as a recycled product; our Make It Wood campaign continued to promote the use of sustainably sourced wood, and we continue to work with local councils to adopt a wood encouragement policy; enhancing our environment and connecting people with nature with over 200,000 people taking part in planting over one million native trees, grasses, shrubs and edible plants in Toyota's National Tree Day; and also educating Australian businesses and the wider community on what and where to recycle via our information services including RecyclingNearYou, Business Recycling, National Recycling Week and Cartridges for Planet Ark. These services enjoyed over three million visits across the year. Motivating individuals and companies to recycle over 40 million printer cartridges, via Cartridges 4 Planet Ark since inception.
Where the charity conducted activities during the 2018 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 2019 period?
No
Main beneficiary
General community in Australia

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Human Resources

Human resources
  • Full time employees: 16
  • Part time employees: 5
  • Casual employees: 1
  • Full-time equivalent staff (FTE): 21.40
  • Estimated number of volunteers: 10

Financial Reporting

Charity's 2018 reporting period
1 July 2017 to 30 June 2018
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
Yes
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$17,628.00
Revenue from providing goods or services
$2,494,306.00
Revenue from government including grants
$30,000.00
Revenue from investments
$24,284.00
All other revenue
$0.00
Total revenue
$2,566,218.00
Other income (for example, gains)
$0.00
Total gross income
$2,566,218.00
Expenses
Employee expenses
$1,678,153.00
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
$790,271.00
Total expenses
$2,468,424.00
Net surplus/(deficit)
$97,794.00
Other comprehensive income
$0.00
Total comprehensive income
$97,794.00

Balance Sheet extract

Assets
Total current assets
$1,436,753.00
Non-current loans receivable
$0.00
Other non-current assets
$26,771.00
Total non-current assets
$26,771.00
Total assets
$1,463,524.00
Liabilities
Total current liabilities
$1,139,575.00
Non-current loans payable
$0.00
Other non-current liabilities
$45,464.00
Total non-current liabilities
$45,464.00
Total liabilities
$1,185,039.00
Net assets/liabilities
$278,485.00