Annual Information Statement 2020

Legal Name
Making Waves Foundation Inc
ABN
82714459575

About the charity

Charity size
Medium
Does the charity fundraise online?
Yes
Is the charity an incorporated association?
Yes
Select the state/territory and enter the incorporated association number
NSW incorporated association number: INC1967343
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: 19001072
  • NSW fundraising number: 15399
  • QLD fundraising number: CH2908
  • SA fundraising number: CCP2832
  • TAS fundraising number: C/10407
  • VIC fundraising number: 15695
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Racing
Program classification
Disability sports
Program locations
Sydney NSW, Australia
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Aboriginal and Torres Strait Islander people
  • People with disabilities
  • Females
  • Males

Program name
Winds of Joy
Program classification
Special needs education
Program locations
  • Sydney NSW, Australia
  • Newcastle NSW, Australia
  • Coffs Harbour NSW, Australia
  • Southport QLD, Australia
  • Rosslyn Bay, Rosslyn QLD, Australia
  • Mackay QLD, Australia
  • Melbourne VIC, Australia
  • Hobart TAS, Australia
Program beneficiaries
  • Children - aged 6 to under 15
  • Youth - 15 to under 25
  • Aboriginal and Torres Strait Islander people
  • People with disabilities
  • Females
  • Males

Program name
Winds of Change
Program classification
Learning disorders
Program locations
Sydney NSW, Australia
Program beneficiaries
  • Children - aged 6 to under 15
  • Youth - 15 to under 25
  • Aboriginal and Torres Strait Islander people
  • Females
  • Males

Program name
Wright of Passage
Program classification
Job training
Program locations
Sydney NSW, Australia
Program beneficiaries
  • Youth - 15 to under 25
  • Aboriginal and Torres Strait Islander people
  • People with disabilities
  • Females
  • Males

Program name
Winds of Care
Program classification
Disability services
Program locations
Sydney NSW, Australia
Program beneficiaries
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Aboriginal and Torres Strait Islander people
  • Females
  • Males

Description of the charities activities and outcomes
We provided a number of on-water sailing and in-dock programs to disabled and disadvantaged children in NSW, Queensland, Victoria and Tasmania.
Our objective is to encourage such children to recognise and develop their skills and confidence so that they can be part of and contribute to a society that can see beyond the typical perceptions of disability and disadvantage.

Human Resources

Employees and volunteers
  • Full time employees: 2
  • Part time employees: 4
  • Casual employees: 1
  • Full-time equivalent staff (FTE): 4
  • Estimated number of volunteers: 100

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
Type of financial statement
Special purpose financial statements
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
$702,337.00
Revenue from providing goods or services
$39,463.00
Revenue from government including grants
$175,382.00
Revenue from investments
$2,994.00
All other revenue
$1,426.00
Total revenue
$921,602.00
Other income (for example, gains)
$0.00
Total gross income
$921,602.00
Expenses
Employee expenses
$292,992.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$443,255.00
Total expenses
$736,247.00
Net surplus/(deficit)
$185,355.00
Other comprehensive income
$0.00
Total comprehensive income
$185,355.00

Balance Sheet extract

Assets
Total current assets
$606,414.00
Total non-current assets
$589,256.00
Total assets
$1,195,670.00
Liabilities
Total current liabilities
$59,717.00
Total non-current liabilities
$0.00
Total liabilities
$59,717.00
Net assets/liabilities
$1,135,953.00