Annual Information Statement 2020

Legal Name
Western Research Institute Limited
ABN
76090089991

About the charity

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

Charity programs

Program name
Monthly radio interviews on regional development issues done inkind
Program classification
Economic development
Program locations
Bathurst NSW, Australia
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Adults - aged 65 and over
  • Families
  • Aboriginal and Torres Strait Islander people
  • Gay, lesbian, bisexual, transgender or intersex persons
  • Migrants, refugees or asylum seekers
  • People from a culturally and linguistically diverse background
  • People in rural/regional/remote communities
  • Financially disadvantaged people
  • People at risk of homelessness/ people experiencing homelessness
  • People with chronic illness (including terminal illness)
  • People with disabilities
  • Pre/post release offenders and/or their families
  • Unemployed persons
  • Veterans and/or their families
  • Victims of crime (including family violence)
  • Victims of disaster
  • Females
  • Males
Program website

Description of the charities activities and outcomes
WRI are committed to the growth of regional Australia by providing organisations with reliable information to help them make good decisions for the economic and social development of regional Australia.

In 2020 we completed 36 projects for 26 individual organisations. Services provided included evaluations, process improvement, presentations, research papers, economic impact, benefit cost analysis, surveys/consultations, human capital and business case/strategic plans.

In 2020 our team completed the Tourism Model for 2020 which was funded by Central NSW Joint Organisation and 10 Central West Councils. The Tourism Model was created by WRI to improve the quality and detail of reporting on the visitor economy of regional local government areas.

Human Resources

Employees and volunteers
  • Full time employees: 2
  • Part time employees: 2
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 2.60
  • Estimated number of volunteers: 0

Financial Reporting

Charity's 2020 reporting period
1 January 2020 to 31 December 2020
Type of financial statement
General purpose financial statements – reduced disclosure regime
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?
Yes
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$0.00
Revenue from providing goods or services
$458,214.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
All other revenue
$94,470.00
Total revenue
$552,684.00
Other income (for example, gains)
$0.00
Total gross income
$552,684.00
Expenses
Employee expenses
$264,774.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$205,117.00
Total expenses
$469,891.00
Net surplus/(deficit)
$82,793.00
Other comprehensive income
$0.00
Total comprehensive income
$82,793.00

Balance Sheet extract

Assets
Total current assets
$235,131.00
Total non-current assets
$4,098.00
Total assets
$239,229.00
Liabilities
Total current liabilities
$60,105.00
Total non-current liabilities
$0.00
Total liabilities
$60,105.00
Net assets/liabilities
$179,124.00