Annual Information Statement 2015

Legal Name
The Goodes O'Loughlin Foundation Limited
ABN
59139676010

Section A: Charity Information

Other names charity is known by (such as trading name)
GO Foundation
Charity size
Medium
Basic Religious Charity
No

Section B: Activities

Activities in the 2015 reporting period
Yes
Main activity
Higher education
General activities
Primary and secondary education
Description of charity’s activities and outcomes
11 GO Foundation Scholarships were awarded for the 2015 school year and going forward to year 12. All students attend Sydney AIEF Partner Schools as day students.
Changing or introducing activities in the next reporting period
No
Beneficiaries helped by charity’s activities in the 2015 reporting period
  • Women
  • Men
  • Youth – 13 to under 25
  • Aboriginal and Torres Strait Islander people

Section C: Resources and operating locations

Estimated number of unpaid volunteers who worked for the charity during the 2015 reporting period
  • Full time employees: 0
  • Part time employees: 2
  • Casual employees: 0
  • Volunteers: 10
Where the charity operated during the 2015 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia

Section D: Reporting and regulatory obligations (This section is optional)

Commonwealth department /(s) and/or agency/agencies charity had to report to over the 2015 reporting period, excluding the ATO and ACNC

Approximate hours spent reporting by paid staff
0
Approximate hours spent reporting by unpaid volunteers
16.00
Total hours spent reporting
16.00

Section E: Financial information

Charity's 2015 reporting period
1 July 2014 to 30 June 2015
Financial report submitted to a state/territory regulator?
Yes
2015 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.
State or territory of the regulator where financial report was submitted
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia

Income and Expenses

Income Statement

Gross Income
Donations and bequests
$337,230.00
Revenue from government including grants
$100,000.00
Revenue from providing goods or services
$0.00
Revenue from investments
$0.00
All other revenue
$0.00
Total revenue
$437,230.00
Other income (for example, gains)
$7,577.00
Total gross income
$444,807.00
Expenses
Employee expenses
$7,132.00
Grants and donations made for use in Australia
$100,000.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$16,166.00
Total expenses
$120,078.00
Net surplus/(deficit)
$321,509.00

Balance Sheet extract

Assets
Total current assets
$877,978.00
Total non-current assets
$6,440.00
Total assets
$884,418.00
Liabilities
Total current liabilities
$408,533.00
Total non-current liabilities
$0.00
Total liabilities
$408,553.00
Net assets/liabilities
$475,885.00

Section F: Other obligations

Governing document on the ACNC register current and accurate
Yes
Responsible persons' details on the ACNC register complete, current and accurate
Yes
Subtypes current and accurate
Yes