Annual Information Statement 2016

Legal Name
Making Waves Foundation Inc
ABN
82714459575

Section A: Charity Information

Charity size
Medium
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Other education
Main activities
  • Sports
  • Other
    • SWD uses sailing as a medium to build optimism among disabled and disadvantaged people.
Description of charity's activities and outcomes
Through sailing we act as a catalyst for change, offering opportunities to people with disabilities and those at a disadvantage with the aim of driving a more optimistic outlook and providing an opportunity for personal growth and improved life outcomes. SWD's programs are inclusive, supportive and challenging. the focus is on working as a team to find solutions to problems. Regular participation and connection with our mentors raises self-esteem and self-confidence and improves life skills. SWD relies on trained volunteers to run its programs. Through participation, volunteers raise their life satisfaction and wellbeing while learning new skills and giving back to society. Up to 3000 young people, including over 100 in wheelchairs participate in our programs supported by over 60 volunteers giving around 4500 hours to on water programs.
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
  • Queensland
  • Tasmania
  • Victoria
Who was helped most by the charity's activities in the reporting period
  • Children - aged 6 to under 15
  • Youth - aged 15 to under 25
  • Adults - aged 25 to under 65
  • Aboriginal and Torres Strait Islander people
  • People with disabilities
  • Other
    • Carers
Did the charity provide funded support and/or services to participants of the National Disability Insurance Scheme in the 2016 reporting period?
N
Does the charity intend to provide funded support and/or services to participants of the National Disability Insurance Scheme in the next reporting period?
I don't know

Section C: Human Resources

Human resources
  • Full time employees: 2
  • Estimated number of volunteers: 60

Section D: Finance

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?
Yes
Does your charity have documented policies or processes about related party transactions?
Yes
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
Financial report submitted to a state/territory regulator?
Yes
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.
State or territory of the regulator where financial report was submitted
New South Wales

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$507,979.00
Revenue from government including grants
$6,818.00
All other revenue
$70,417.00
Total revenue
$585,214.00
Other income (for example, gains)
$165,280.00
Total gross income
$750,494.00
Expenses
Employee expenses
$29,081.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$685,890.00
Total expenses
$714,971.00
Net surplus/(deficit)
$35,523.00
Other comprehensive income
$0.00
Total comprehensive income
$35,523.00

Balance Sheet extract

Assets
Total current assets
$491,099.00
Total non-current assets
$825,962.00
Total assets
$1,317,061.00
Liabilities
Total current liabilities
$168,883.00
Total non-current liabilities
$0.00
Total liabilities
$168,883.00
Net assets/liabilities
$1,148,178.00