Annual Information Statement 2017

Legal Name: 
Olive Tree Media Limited
ABN: 
97010240598

Section A: Charity Information

Charity size: 
Medium
Basic Religious Charity: 
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity: 
Religious activities
Main activities: 
  • Culture and arts
  • Primary and secondary education
  • Research
  • Other
    • The development and distribution of radio, television, DVD and other media products.
Description of charity's activities and outcomes: 
Olive Tree Media Limited is a not-for-profit entity operating in Australia supporting the development and distribution of radio, television, DVD and other media products to assist with religious education and spiritual growth of individuals interested in the Christian faith.
Main beneficiary: 
Adults - aged 25 to under 65
Other beneficiaries: 
  • Youth - aged 15 to under 25
  • Adults - aged 65 and over
  • Families
Where the charity conducted activities during the 2017 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 2018 period?
No

Section C: Human Resources

Human resources: 
  • Full time employees: 2
  • Part time employees: 2
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 3
  • Estimated number of volunteers: 6

Section D: Finance

Charity's 2017 reporting period: 
1 January 2017 to 31 December 2017
Type of financial statement: 
General purpose financial statements - reduced disclosure regime
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
Yes
Does your charity have documented policies or processes about related party transactions?
Yes

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$298,950.00
Revenue from providing goods or services: 
$117,865.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$350.00
All other revenue: 
$200,685.00
Total revenue: 
$617,850.00
Other income (for example, gains): 
$0.00
Total gross income: 
$617,850.00
Expenses
Employee expenses: 
$243,062.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$358,001.00
Total expenses: 
$601,063.00
Net surplus/(deficit): 
$16,787.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$16,787.00

Balance Sheet extract

Assets
Total current assets: 
$911,457.00
Total non-current assets: 
$0.00
Total assets: 
$911,457.00
Liabilities
Total current liabilities: 
$767,050.00
Total non-current liabilities: 
$0.00
Total liabilities: 
$767,050.00
Net assets/liabilities: 
$144,407.00
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