Annual Information Statement 2019

Legal Name
Diabetes Research Foundation Of Wa Inc
ABN
43743957408

About the charity

Other names charity is known by (such as trading name)
Diabetes Research WA
Charity size
Small
Is the charity an incorporated association?
Yes
Select the state/territory and enter the incorporated association number
WA incorporated association number: A0760173F
Does the charity intend to fundraise in the next reporting period?
Yes
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity
Research
Description of charity's activities and outcomes
We provide funding for research into all aspects of diabetes in Western Australia through fundraising.
Two new research grants were awarded in this period being:
1. World first trial of continuous glucose monitoring to map early changes to blood glucose levels in children at risk of developing type 1 diabetes
2. Investigating a new therapeutic agent to reduce, prevent and treat inflammation in cells associated with diabetes complications, and
3. Extended research grant to progress treatments for the prevention of obesity and type 2 diabetes.
Where the charity conducted activities during the 2019 reporting period
Western Australia
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary
People with chronic illness (including terminal illness)
Other beneficiaries
General community within Australia

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Human Resources

Human resources
  • Full time employees: 1
  • Part time employees: 1
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 1.53
  • Estimated number of volunteers: 12

Financial Reporting

Charity's 2019 reporting period
1 July 2018 to 30 June 2019
Accounting method used in the 2019 reporting period
Accrual

Income and Expenses

Income Statement summary

Revenue/receipts
Donations and bequests
$60,747.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$22,012.00
Other revenue/receipts
$14,395.00
Total revenue/receipts
$97,154.00
Other income (for example, gains)
$0.00
Total income/receipts
$97,154.00
Expenses/Payments
Employee expenses/payments
$177,524.00
Grants and donations made for use in Australia
$150,283.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$63,313.00
Total expenses/payments
$391,120.00
Net surplus/(deficit)
$-293,966.00

Balance Sheet Extract

Total assets
$847,249.00
Total liabilities
$98,196.00
Net assets/liabilites
$749,053.00