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AIS Report - 2017
Annual Information Statement 2017
Legal Name:
The Goodes O'Loughlin Foundation Limited
ABN:
59139676010
Section A: Charity Information
Other names charity is known by (such as trading name):
GO Foundation
Charity size:
Medium
Basic Religious Charity:
No
Section B: Activities
Did the charity operate in the 2017 reporting period?
Yes
Main activity:
Other education
Main activities:
- Primary and secondary education
- Higher education
Description of charity's activities and outcomes:
Provide day student scholarships for Indigenous students at quality schools.
Main beneficiary:
Aboriginal and Torres Strait Islander people
Where the charity conducted activities during the 2017 reporting period:
- Australian Capital Territory
- New South Wales
- Northern Territory
- Queensland
- South Australia
- Tasmania
- Victoria
- Western Australia
Will the charity change or introduce any activities in the 2018 period?
No
Section C: Human Resources
Human resources:
- Full time employees: 1
- Part time employees: 1
- Casual employees: 0
- Full-time equivalent staff (FTE): 1
- Estimated number of volunteers: 0
Section D: Finance
Charity's 2017 reporting period:
1 July 2016 to 30 June 2017
Type of financial statement:
General purpose financial statements - reduced disclosure regime
Financial report consolidated with more than one entity?
No
Comprehensive Income Statement summary
Gross Income
Donations and bequests: | $552,181.00 |
Revenue from providing goods or services: | $0.00 |
Revenue from government including grants: | $0.00 |
Revenue from investments: | $6,027.00 |
All other revenue: | $0.00 |
Total revenue: | $558,208.00 |
Other income (for example, gains): | $0.00 |
Total gross income: | $558,208.00 |
Expenses
Employee expenses: | $175,139.00 |
Grants and donations made for use in Australia: | $0.00 |
Grants and donations made for use outside Australia: | $0.00 |
All other expenses: | $75,805.00 |
Total expenses: | $250,944.00 |
Net surplus/(deficit): | $307,264.00 |
Other comprehensive income: | $0.00 |
Total comprehensive income: | $307,264.00 |
Balance Sheet extract
Assets
Total current assets: | $1,748,220.00 |
Total non-current assets: | $912.00 |
Total assets: | $1,749,132.00 |
Liabilities
Total current liabilities: | $591,529.00 |
Total non-current liabilities: | $0.00 |
Total liabilities: | $591,529.00 |
Net assets/liabilities: | $1,157,603.00 |
Financial report submitted to a state/territory regulator?
Yes
State or territory of the regulator where financial report was submitted:
Queensland
Section E: Annual report
Section F: Reporting to state or territory regulators
Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes