Annual Information Statement 2019

Legal Name
Lotus Educational Fund Ltd
ABN
76130576199

About the charity

Other names charity is known by (such as trading name)
Lotus Educational Fund
Charity size
Small
Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity
Other education
Main activities
  • Primary and secondary education
  • Higher education
Description of charity's activities and outcomes
Key activities during the year included :student sponsorship, big sister mentoring program, vocational training, health training and life skills training. Lotus also conducted an intensive, 6 week live in, English language workshop.
Lotus has a team of Lao women who can help support the girls wrt social and emotional needs as well as educational needs.
Teacher training was also provided for a small group of teachers.
Where the charity conducted activities during the 2019 reporting period
  • Overseas / outside of Australia
  • Other Countries
    • Lao People's Democratic Republic
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary
Females
Other beneficiaries
  • Children - aged 6 to under 15
  • Youth - aged 15 to under 25
  • Adults - aged 25 to under 65
  • People from a culturally and linguistically diverse background
  • Overseas communities or charities
  • People in rural/regional/remote communities

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: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 8

Financial Reporting

Charity's 2019 reporting period
1 July 2018 to 30 June 2019
Accounting method used in the 2019 reporting period
Cash

Income and Expenses

Income Statement summary

Revenue/receipts
Donations and bequests
$316,790.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$4,833.00
Other revenue/receipts
$0.00
Total revenue/receipts
$321,623.00
Other income (for example, gains)
$0.00
Total income/receipts
$321,623.00
Expenses/Payments
Employee expenses/payments
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$300,000.00
Other expenses/payments
$0.00
Total expenses/payments
$300,000.00
Net surplus/(deficit)
$21,623.00

Balance Sheet Extract

Total assets
$289,373.00
Total liabilities
$0.00
Net assets/liabilites
$289,373.00