Annual Information Statement 2017
Financial Basics Foundation
Section A: Charity Information
Basic Religious Charity:
Section B: Activities
Did the charity operate in the 2017 reporting period?
Primary and secondary education
Description of charity's activities and outcomes:
Financial Basics Foundation is a national financial literacy charity which aims to teach young Australians, between the ages of 12-24 years, the basics of effective financial management. The Foundation provides Australian secondary schools with free, quality resources and programs that foster sound financial attitudes and behaviours. Financial Basics Foundation pursues its mission and engages its networks through a series of programs which are designed to educate young people about financial issues; facilitate dialogue and professional development for educators, and establish opportunities for engagement between our sponsors and the communities in which they operate. Financial Basics Foundations vision is: that every young Australian is financially capable and can manage their finances now and into the future.
Youth - aged 15 to under 25
Where the charity conducted activities during the 2017 reporting period:
- Australian Capital Territory
- New South Wales
- Northern Territory
- South Australia
- Western Australia
Will the charity change or introduce any activities in the 2018 period?
Section C: Human Resources
- Full time employees: 0
- Part time employees: 5
- Casual employees: 0
- Full-time equivalent staff (FTE): 0
- Estimated number of volunteers: 5
Section D: Finance
Charity's 2017 reporting period:
1 July 2016 to 30 June 2017
Type of financial statement:
General purpose financial statements
Financial report consolidated with more than one entity?
Comprehensive Income Statement summary
Donations and bequests:
Revenue from providing goods or services:
Revenue from government including grants:
Revenue from investments:
All other revenue:
Other income (for example, gains):
Total gross income:
Grants and donations made for use in Australia:
Grants and donations made for use outside Australia:
All other expenses:
Other comprehensive income:
Total comprehensive income:
Balance Sheet extract
Total current assets:
Total non-current assets:
Total current liabilities:
Total non-current liabilities:
Financial report submitted to a state/territory regulator?
Section E: Annual report
Section F: Reporting to state or territory regulators
Is the charity an incorporated association?
Does the charity intend to fundraise in the next reporting period?