Annual Information Statement 2020

Legal Name
National Institute Of Integrative Medicine Ltd
ABN
15095139209

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
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
THE GLUCO-METABOLISM STUDY
Program classification
Health and medical research
Program locations
21 Burwood Rd, Hawthorn VIC 3122, Australia
Program beneficiaries
  • People with chronic illness (including terminal illness)
  • Other - General Public

Description of the charities activities and outcomes
The National Institute of Integrative Medicine, or NIIM, is a not-for-profit organisation, which brings together world class education and research in Integrative Medicine, as well as facilitating its practice at the NIIM Clinic for the betterment of society.

Human Resources

Employees and volunteers
  • Full time employees: 14
  • Part time employees: 10
  • Casual employees: 7
  • Full-time equivalent staff (FTE): 13.55
  • Estimated number of volunteers: 0

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
$108,771.00
Revenue from providing goods or services
$587,688.00
Revenue from government including grants
$95,000.00
Revenue from investments
$766,316.00
All other revenue
$104,278.00
Total revenue
$1,662,053.00
Other income (for example, gains)
$0.00
Total gross income
$1,662,053.00
Expenses
Employee expenses
$537,104.00
Interest expenses
$193,202.00
Grants and donations made for use in Australia
$203,771.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$866,138.00
Total expenses
$1,800,215.00
Net surplus/(deficit)
$-138,162.00
Other comprehensive income
$0.00
Total comprehensive income
$-138,162.00

Balance Sheet extract

Assets
Total current assets
$415,609.00
Non-current loans receivable
$1,209,968.00
Other non-current assets
$5,112,798.00
Total non-current assets
$6,322,766.00
Total assets
$6,738,375.00
Liabilities
Total current liabilities
$4,391,878.00
Non-current loans payable
$53,233.00
Other non-current liabilities
$33,180.00
Total non-current liabilities
$86,413.00
Total liabilities
$4,478,291.00
Net assets/liabilities
$2,260,084.00