Annual Information Statement 2016

Legal Name
Co As It Italian Association Of Assistance
ABN
23002288539

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Aged care activities
Main activities
  • Economic, social and community development
  • Mental health and crisis intervention
  • Primary and secondary education
  • Social services
Description of charity's activities and outcomes
Co.As.It., provides a range of community and education services. These are predominantlytargeted to the Italian community. In the area of education we provide out-of-school hour Italianlanguage classes, Italian courses for adults and we run our own resources centre (library) for thecommunity to access. Co.As.It. also owns and operates the Italian bilingual school, a primarySchool the teaches the NSW curriculum in both English and Italian. Within our communityservices we offer in home support via our Homecare packages program, centre based daycare forolder people, dementia support, gambling, mental health and youth and family services. Theorganisation is supported by over 80 volunteers.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
New South Wales
Who was helped most by the charity's activities in the reporting period
  • Early childhood - aged under 6
  • Children - aged 6 to under 15
  • Adults - aged 25 to under 65
  • Migrants, refugees or asylum seekers

Section C: Human Resources

Human resources
  • Full time employees: 41
  • Part time employees: 95
  • Casual employees: 12
  • Estimated number of volunteers: 81

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 January 2016 to 31 December 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
$35,318.00
Revenue from government including grants
$8,785,933.00
All other revenue
$3,987,236.00
Total revenue
$12,808,487.00
Other income (for example, gains)
$0.00
Total gross income
$12,808,487.00
Expenses
Employee expenses
$7,887,430.00
Interest expenses
$265,935.00
Grants and donations made for use in Australia
$17,500.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$3,754,072.00
Total expenses
$11,924,937.00
Net surplus/(deficit)
$883,550.00
Other comprehensive income
$0.00
Total comprehensive income
$883,550.00

Balance Sheet extract

Assets
Total current assets
$2,412,170.00
Non-current loans receivable
$0.00
Other non-current assets
$24,526,891.00
Total non-current assets
$24,526,891.00
Total assets
$26,939,061.00
Liabilities
Total current liabilities
$2,752,993.00
Non-current loans payable
$5,140,000.00
Other non-current liabilities
$606,036.00
Total non-current liabilities
$5,746,036.00
Total liabilities
$8,499,029.00
Net assets/liabilities
$18,440,032.00