Annual Information Statement 2019

Legal Name
Initiatives of Change Australia
ABN
22004350789

About the charity

Charity size
Medium
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity
Religious activities
Main activities
  • Environmental activities
  • International activities
  • Other
    • Spiritual development, Facilitating reconciliation, Community-building and empowering leadership with Indigenous and diaspora communities, Promoting ethical leadership, Building social cohesion, Life-skills training, Peace-building.
International activities undertaken
  • Transferring funds or goods overseas
  • Operating overseas including delivering programs
Provide further details of the charity's international activities
We have responded to invitations to assist with programs launched by our sister bodies in the Asia/Pacific region, Africa and beyond, and we have supported the involvement of Australians in conferences in the global venues for Initiatives of Change in India and Switzerland.
Description of charity's activities and outcomes
We seek to contribute to healing and transformation in society through awakening the spiritual and moral impulse within, between and among people. This year, in the context of our strategic direction, we have continued to work to support individuals and communities to build trust, engage in constructive dialogue, develop spiritually, deepen their own faith practice, and engage in focussed action for positive change. Actions have involved seminars, training courses, retreats, film screenings and environmental sustainability projects. We partner where appropriate with like-minded organisations. We have worked on relationship and leadership building with diaspora communities in Australia.
Where the charity conducted activities during the 2019 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Victoria
  • Western Australia
  • Overseas / outside of Australia
  • Other Countries
    • India
    • Indonesia
    • New Zealand
    • South Sudan
    • Switzerland
Will the charity change or introduce any activities in the 2020 period?
Yes
Changes planned
We will partner with First Nations peoples and others through a transformational trust-building program in response to the Uluru Statement from the Heart which invites everyone "...to walk with us [First Nations peoples] in a movement of the Australian people for a better future". This program, based around our core commitment and experience in the processes of truth-telling and truth-hearing, is being developed. A pilot location is currently being identified.
Main beneficiary
General community in Australia
Other beneficiaries
  • Aboriginal and Torres Strait Islander people
  • Migrants, refugees or asylum seekers
  • Overseas communities or charities

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: 0
  • Part time employees: 7
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 5.03
  • Estimated number of volunteers: 50

Financial Reporting

Charity's 2019 reporting period
1 April 2019 to 31 March 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?
No
Does your charity have documented policies or processes about related party transactions?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$25,635.00
Revenue from providing goods or services
$10,128.00
Revenue from government including grants
$0.00
Revenue from investments
$423,508.00
All other revenue
$0.00
Total revenue
$459,271.00
Other income (for example, gains)
$25,571.00
Total gross income
$484,842.00
Expenses
Employee expenses
$364,265.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$24,862.00
All other expenses
$1,368,495.00
Total expenses
$1,757,622.00
Net surplus/(deficit)
$-1,272,780.00
Other comprehensive income
$-25,879.00
Total comprehensive income
$-1,298,659.00

Balance Sheet extract

Assets
Total current assets
$5,157,533.00
Total non-current assets
$732,743.00
Total assets
$5,890,276.00
Liabilities
Total current liabilities
$121,624.00
Total non-current liabilities
$2,086,906.00
Total liabilities
$2,208,530.00
Net assets/liabilities
$3,681,746.00