Annual Information Statement 2020

Legal Name
Kinfolk Enterprise
ABN
63142499741

About the charity

Charity size
Large
Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
No
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Kinfolk Enterprise
Program classification
Voluntarism
Program locations
  • Melbourne VIC, Australia
  • Carlton North VIC, Australia
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Migrants, refugees or asylum seekers
  • People from a culturally and linguistically diverse background
  • Financially disadvantaged people
  • People at risk of homelessness/ people experiencing homelessness
  • People with disabilities
  • Unemployed persons

Description of the charities activities and outcomes
Kinfolk exists to create inclusive opportunities for people who find themselves marginalized and experiencing social isolation. Embedded within our business is a training program that creates inclusive opportunities for people facing marginalization, including physical and learning disabilities, mental health
challenges, unemployment, transitioning from prison and recent migrants and refugees. Each week upwards of 70 people participate in our program gaining social connection, hospitality skills and confidence with many of them going on to gain paid employment.

Human Resources

Employees and volunteers
  • Full time employees: 19
  • Part time employees: 7
  • Casual employees: 6
  • Full-time equivalent staff (FTE): 23
  • Estimated number of volunteers: 0

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?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$220,580.00
Revenue from providing goods or services
$2,200,993.00
Revenue from government including grants
$284,000.00
Revenue from investments
$4,046.00
All other revenue
$32.00
Total revenue
$2,709,651.00
Other income (for example, gains)
$0.00
Total gross income
$2,709,651.00
Expenses
Employee expenses
$1,529,872.00
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
$1,162,378.00
Total expenses
$2,692,250.00
Net surplus/(deficit)
$17,401.00
Other comprehensive income
$0.00
Total comprehensive income
$17,401.00

Balance Sheet extract

Assets
Total current assets
$501,763.00
Non-current loans receivable
$1,479,585.00
Other non-current assets
$0.00
Total non-current assets
$1,479,585.00
Total assets
$1,981,348.00
Liabilities
Total current liabilities
$1,714,637.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$1,714,637.00
Net assets/liabilities
$266,711.00