Annual Information Statement 2017

Legal Name
Initiatives of Change Australia
ABN
22004350789

Section A: Charity Information

Charity size
Medium
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Religious activities
Main activities
  • Environmental activities
  • International activities
  • Other
    • Conflict prevention and resolution, Life-skills training, Community building, Peace-building
International activities undertaken
Transferring funds or goods overseas
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 we have continued to work to support individuals and communities to build trust, engage in constructive dialogue, grow spiritually and engage in focussed action for positive change. Some 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, offering training and support. We have auspiced social projects run by and for South Sudanese Australians. 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 major annual conferences in the global venues for Initiatives of Change in India and Switzerland.
Main beneficiary
General community in Australia
Other beneficiaries
  • Aboriginal and Torres Strait Islander people
  • Migrants, refugees or asylum seekers
Where the charity conducted activities during the 2017 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Victoria
  • Western Australia
  • Other Countries
    • IND
    • IDN
    • NPL
    • NZL
    • CHE
    • TWN
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 1
  • Part time employees: 5
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 5
  • Estimated number of volunteers: 50

Section D: Finance

Charity's 2017 reporting period
1 April 2017 to 31 March 2018
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

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$94,494.00
Revenue from providing goods or services
$24,575.00
Revenue from government including grants
$10,000.00
Revenue from investments
$262,249.00
All other revenue
$94,606.00
Total revenue
$485,924.00
Other income (for example, gains)
$-2,800.00
Total gross income
$483,124.00
Expenses
Employee expenses
$267,119.00
Grants and donations made for use in Australia
$560.00
Grants and donations made for use outside Australia
$22,923.00
All other expenses
$384,021.00
Total expenses
$674,623.00
Net surplus/(deficit)
$-191,499.00
Other comprehensive income
$-223,398.00
Total comprehensive income
$-414,897.00

Balance Sheet extract

Assets
Total current assets
$5,660,132.00
Total non-current assets
$1,474,249.00
Total assets
$7,134,381.00
Liabilities
Total current liabilities
$80,683.00
Total non-current liabilities
$2,122,263.00
Total liabilities
$2,202,946.00
Net assets/liabilities
$4,931,435.00
Financial report submitted to a state/territory regulator?
No

Section E: Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Section F: Reporting to state or territory regulators

Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No