Annual Information Statement 2016

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 2016 reporting period?
Yes
Main activity
Research
Description of charity's activities and outcomes
The newDemocracy Foundation conducts trials of innovations in democratic structure andprocess. Its aim is to identify processes that yield greater trust among citizens when makingpublic decisions. The Foundation holds the view that public trust and confidence in some areas ofpolitical decision making is low and new methods should be researched and communicated toelected representatives at all tiers of government in a non-partisan basis.As a scientific and scholarly research organisation, we study the practical impact of citizenengagement with political processes at all levels of Government. We examine aspects ofdemocratic renewal including the interrelationships between different kinds of deliberativeactivities and Government. Our research is focused (but not exclusively) on the responses of thecommunity and elected representatives to the usefulness and benefits of these processes .
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Victoria
Who was helped most by the charity's activities in the reporting period
General community within Australia

Section C: Human Resources

Human resources
Part time employees: 1

Section D: Finance

Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No
Charity's 2016 reporting period
1 October 2015 to 30 September 2016
Financial report submitted to a state/territory regulator?
No
2016 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$183,091.00
Revenue from government including grants
$0.00
All other revenue
$413,178.00
Total revenue
$596,269.00
Other income (for example, gains)
$2,504.00
Total gross income
$598,773.00
Expenses
Employee expenses
$7,200.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$529,852.00
Total expenses
$537,052.00
Net surplus/(deficit)
$61,721.00
Other comprehensive income
$0.00
Total comprehensive income
$61,721.00

Balance Sheet extract

Assets
Total current assets
$169,569.00
Total non-current assets
$3,942.00
Total assets
$173,511.00
Liabilities
Total current liabilities
$26,929.00
Total non-current liabilities
$72,843.00
Total liabilities
$99,772.00
Net assets/liabilities
$73,739.00