Annual Information Statement 2020

Legal Name
BRAIN FOUNDATION
ABN
47008479936

About the charity

Charity size
Medium
Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2020 reporting period
  • ACT fundraising number: 19000596
  • NSW fundraising number: 14081
  • QLD fundraising number: CH0782
  • SA fundraising number: CCP609
  • VIC fundraising number: 13884.19
  • WA fundraising number: CC21318
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Migraine and Headache Week
Program classification
Health promotion
Program locations
Australia
Program operated online
Yes
Program beneficiaries
  • Children - aged 6 to under 15
  • Youth - 15 to under 25
  • Adults - aged 25 to under 65
  • Adults - aged 65 and over
  • Families

Description of the charities activities and outcomes
Grant making activities and research.

Human Resources

Employees and volunteers
  • Full time employees: 1
  • Part time employees: 3
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 3
  • Estimated number of volunteers: 2

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?
Yes
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
$504,258.00
Revenue from providing goods or services
$4,700.00
Revenue from government including grants
$43,980.00
Revenue from investments
$279,043.00
All other revenue
$0.00
Total revenue
$831,981.00
Other income (for example, gains)
$64,000.00
Total gross income
$895,981.00
Expenses
Employee expenses
$341,621.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$455,622.00
Total expenses
$797,243.00
Net surplus/(deficit)
$98,738.00
Other comprehensive income
$-461,415.00
Total comprehensive income
$-362,677.00

Balance Sheet extract

Assets
Total current assets
$887,715.00
Total non-current assets
$3,475,749.00
Total assets
$4,363,464.00
Liabilities
Total current liabilities
$755,950.00
Total non-current liabilities
$1,392,300.00
Total liabilities
$2,148,250.00
Net assets/liabilities
$2,215,214.00