Annual Information Statement 2020

Legal Name
Brahma Kumaris Centres For Spiritual Learning
ABN
15286324686

About the charity

Charity size
Large
Does the charity fundraise online?
Yes
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
  • ACT fundraising number: 19000651
  • NSW fundraising number: 14646
  • QLD fundraising number: CH2706
  • TAS fundraising number: F1A-600
  • VIC fundraising number: 12142
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Meditation Retreats
Program classification
Unknown or not classified
Program locations
Blue Mountains, New South Wales, Australia
Program beneficiaries
  • Adults - aged 25 to under 65
  • Adults - aged 65 and over
  • Families
  • Migrants, refugees or asylum seekers
  • People from a culturally and linguistically diverse background
  • Financially disadvantaged people

Description of the charities activities and outcomes
*The charities main purpose is to bring about positive change in the world by empowering
individuals to bring about positive changes in their own lives (i.e. the charity is not looking at
political solutions, but helping individuals/families in the community first).
*To achieve this purpose the charity is involved in a variety of educational activities and programs including meditation, self development, stress management, positive thinking etc. These can be conducted in properties owned or rented by the charity, or by certified teachers in various other locations, including at community centres, community exhibitions/fairs etc.
*The charity participates in many community events of a general nature as well as offering specific courses and residential educational programs.
*The courses and programs offered are based on the Brahma Kumaris Meditation practice and the associated spiritual wisdom that both supports and is derived from the meditation practice.

Human Resources

Employees and volunteers
  • Full time employees: 0
  • Part time employees: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 500

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?
Yes
Type of organisation
My charity is a charitable fundraising organisation
State or territory of the regulator where financial report was submitted
Queensland

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,904,989.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
All other revenue
$0.00
Total revenue
$1,904,989.00
Other income (for example, gains)
$75,704.00
Total gross income
$1,980,693.00
Expenses
Employee expenses
$0.00
Interest expenses
$56,755.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$1,250,434.00
Total expenses
$1,307,189.00
Net surplus/(deficit)
$673,504.00
Other comprehensive income
$0.00
Total comprehensive income
$673,504.00

Balance Sheet extract

Assets
Total current assets
$3,214,152.00
Non-current loans receivable
$0.00
Other non-current assets
$30,093,991.00
Total non-current assets
$30,093,991.00
Total assets
$33,308,143.00
Liabilities
Total current liabilities
$2,895,673.00
Non-current loans payable
$1,004,111.00
Other non-current liabilities
$0.00
Total non-current liabilities
$1,004,111.00
Total liabilities
$3,899,784.00
Net assets/liabilities
$29,408,359.00