Annual Information Statement 2020

Legal Name
VCS Foundation Ltd
ABN
35430554780

About the charity

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

Charity programs

Program name
Prevent cancer and infectious disease through excellence in the provision of population health
Program classification
Health promotion
Program locations
Australia
Program beneficiaries
  • Aboriginal and Torres Strait Islander people
  • Gay, lesbian, bisexual, transgender or intersex persons
  • Migrants, refugees or asylum seekers
  • Financially disadvantaged people
  • Females
  • Males
  • General community in Australia
Program website

Description of the charities activities and outcomes
The vision of VCS Foundation is ‘to prevent cancer and infectious disease through
excellence in the provision of population health services supporting screening and
vaccination’. In line with this vision, VCS Foundation pursued its charitable purposes in
the last financial year through the activities of its three business units: VCS Pathology,
VCS Population Health and VCS Digital Health.

Human Resources

Employees and volunteers
  • Full time employees: 84
  • Part time employees: 49
  • Casual employees: 13
  • Full-time equivalent staff (FTE): 115
  • Estimated number of volunteers: 0

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
Type of financial statement
General 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
$0.00
Revenue from providing goods or services
$6,162,996.00
Revenue from government including grants
$19,946,410.00
Revenue from investments
$349,407.00
All other revenue
$0.00
Total revenue
$26,458,813.00
Other income (for example, gains)
$146,900.00
Total gross income
$26,605,713.00
Expenses
Employee expenses
$14,926,579.00
Interest expenses
$81,247.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$10,086,044.00
Total expenses
$25,093,870.00
Net surplus/(deficit)
$1,511,843.00
Other comprehensive income
$0.00
Total comprehensive income
$1,511,843.00

Balance Sheet extract

Assets
Total current assets
$25,076,749.00
Non-current loans receivable
$0.00
Other non-current assets
$3,723,661.00
Total non-current assets
$3,723,661.00
Total assets
$28,800,410.00
Liabilities
Total current liabilities
$8,718,874.00
Non-current loans payable
$0.00
Other non-current liabilities
$1,414,960.00
Total non-current liabilities
$1,414,960.00
Total liabilities
$10,133,834.00
Net assets/liabilities
$18,666,576.00