Annual Information Statement 2016

Legal Name
Sydney Missionary & Bible College
ABN
11000047950

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
Higher education
Main activities
Religious activities
Description of charity's activities and outcomes
Conducting an interdenominational, community based Bible College with a strong missions and cross-cultural focus to train men and women for gospel service all around the globe; and teach the Bible, the Word of God. Approximately, 40 per cent of our graduates are involved in ministry and mission overseas, with the remainder involved in vocational ministry and cross cultural mission in a myriad of situations in Australia.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Who was helped most by the charity's activities in the reporting period
General community within Australia

Section C: Human Resources

Human resources
  • Full time employees: 37
  • Part time employees: 9
  • Casual employees: 22
  • Estimated number of volunteers: 4

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
$1,183,327.00
Revenue from government including grants
$0.00
All other revenue
$4,805,289.00
Total revenue
$5,988,616.00
Other income (for example, gains)
$21,063.00
Total gross income
$6,009,679.00
Expenses
Employee expenses
$2,192,395.00
Interest expenses
$45,576.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$3,664,435.00
Total expenses
$5,902,406.00
Net surplus/(deficit)
$107,273.00
Other comprehensive income
$0.00
Total comprehensive income
$107,273.00

Balance Sheet extract

Assets
Total current assets
$978,832.00
Non-current loans receivable
$0.00
Other non-current assets
$30,536,668.00
Total non-current assets
$30,536,668.00
Total assets
$31,515,500.00
Liabilities
Total current liabilities
$1,451,189.00
Non-current loans payable
$1,363,000.00
Other non-current liabilities
$34,178.00
Total non-current liabilities
$1,397,178.00
Total liabilities
$2,848,367.00
Net assets/liabilities
$28,667,133.00