Annual Information Statement 2020

Legal Name
Independence Australia Group Limited
ABN
80973805243

About the charity

Charity size
Large
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2020 reporting period
  • NSW fundraising number: 22031
  • QLD fundraising number: CH2141
  • SA fundraising number: CCP1677
  • TAS fundraising number: C/10309
  • VIC fundraising number: 13769.18
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
In home attendant care
Program classification
Attendant care
Program locations
State of Victoria, Australia
Program beneficiaries
People with disabilities

Program name
Supported Accommodation
Program classification
Housing for people with disabilities
Program locations
Metropolitan Melbourne, VIC, Australia
Program beneficiaries
People with disabilities

Program name
Case Management and support co-ordination
Program classification
Transition planning
Program locations
Metropolitan Melbourne, VIC, Australia
Program beneficiaries
People with disabilities

Description of the charities activities and outcomes
We provide specialist services to more than 1,000 people with a disability or other
physical need. Our major programs include in-home support, accommodation and
housing, respite, case management, outreach support, psychology and counselling,
recreation, information and other support groups. We operate a number of social
enterprises which sell and distribute mobility aids, equipment and specialist healthcare
products to thousands of customers Australia-wide. Income from these operations is
channelled back to support our core charitable purpose.

Human Resources

Employees and volunteers
  • Full time employees: 216
  • Part time employees: 270
  • Casual employees: 390
  • Full-time equivalent staff (FTE): 496.20
  • Estimated number of volunteers: 35

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 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?
Yes
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
$838,809.00
Revenue from providing goods or services
$164,399,788.00
Revenue from government including grants
$1,622,947.00
Revenue from investments
$607,969.00
All other revenue
$479,326.00
Total revenue
$167,948,839.00
Other income (for example, gains)
$0.00
Total gross income
$167,948,839.00
Expenses
Employee expenses
$39,737,748.00
Interest expenses
$331,036.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$115,486,144.00
Total expenses
$155,554,928.00
Net surplus/(deficit)
$12,393,911.00
Other comprehensive income
$-196,728.00
Total comprehensive income
$12,197,183.00

Balance Sheet extract

Assets
Total current assets
$60,384,302.00
Non-current loans receivable
$0.00
Other non-current assets
$22,061,711.00
Total non-current assets
$22,061,711.00
Total assets
$82,446,013.00
Liabilities
Total current liabilities
$35,461,016.00
Non-current loans payable
$0.00
Other non-current liabilities
$5,803,044.00
Total non-current liabilities
$5,803,044.00
Total liabilities
$41,264,060.00
Net assets/liabilities
$41,181,953.00