Annual Information Statement 2015

Legal Name: 
Australian Science Innovations Incorporated
ABN: 
81731558309

Section A: Charity Information

Charity size: 
Large
Basic Religious Charity: 
No

Section B: Activities

Activities in the 2015 reporting period: 
Yes
Main activity: 
Other education
General activities: 
Primary and secondary education
Description of charity’s activities and outcomes: 
Australian Science Innovations runs science extension programs for high school students. This includes the Australian Science Olympiads and the Big Science Competition.
Changing or introducing activities in the next reporting period: 
No
Beneficiaries helped by charity’s activities in the 2015 reporting period: 
  • General community in Australia
  • Youth – 13 to under 25

Section C: Resources and operating locations

Estimated number of unpaid volunteers who worked for the charity during the 2015 reporting period: 
  • Full time employees: 3
  • Part time employees: 7
  • Casual employees: 1
  • Volunteers: 40
Where the charity operated during the 2015 reporting period: 
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
  • Other Countries
    • HKG
    • NZL
    • SGP

Section D: Reporting and regulatory obligations (This section is optional)

Commonwealth department /(s) and/or agency/agencies charity had to report to over the 2015 reporting period, excluding the ATO and ACNC

Approximate hours spent reporting by paid staff: 
20.00
Approximate hours spent reporting by unpaid volunteers: 
0.00
Total hours spent reporting: 
20.00

Section E: Financial information

Charity's 2015 reporting period: 
1 January 2015 to 31 December 2015
Financial report submitted to a state/territory regulator?
Yes
2015 Financial report: 
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.
State or territory of the regulator where financial report was submitted: 
Australian Capital Territory

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$0.00
Government grants: 
$526,992.00
All other revenue: 
$1,237,621.00
Total revenue: 
$1,764,613.00
Other income: 
$0.00
Total gross income: 
$1,764,613.00
Expenses
Employee expenses: 
$684,495.00
Interest: 
$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: 
$911,215.00
Total expenses: 
$1,595,710.00
Net surplus/deficit: 
$168,903.00

Balance Sheet extract

Assets
Total current assets: 
$1,467,965.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$30,950.00
Total non-current assets: 
$30,950.00
Total assets: 
$1,498,915.00
Liabilities
Total current liabilities: 
$699,851.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$0.00
Total non-current liabilities: 
$0.00
Total liabilities: 
$699,851.00
Net assets/liabilities: 
$799,064.00

Section F: Other obligations

Governing document on the ACNC register current and accurate: 
Yes
Responsible persons' details on the ACNC register complete, current and accurate: 
Yes
Subtypes current and accurate: 
Yes