Annual Information Statement 2019

Legal Name
Wise Realities Institute for Healthcare Emerging Technologies Research Limited
ABN
59628424340

About the charity

Other names charity is known by (such as trading name)
Wise Realities
Charity size
Small
Fundraising online
Yes
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2019 reporting period
WA fundraising number: CC22401
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity
Research
Main activities
  • Other education
  • Other health service delivery
Description of charity's activities and outcomes
We have educated health professionals on how to improve their care through technology, and have educated the community on improving their mental health and promote health through immersive experiences. https://wiserealities.org.au/education-training/
We have conducted research on the utilisation of immersive technologies as a therapeutic tool in the fields of Autism, Dementia, Palliative care, Mental Health, LGBTQI and physical rehabilitation. https://wiserealities.org.au/research-priorities/
We have constantly held Feel Better VR community program to improve mood and mental health among the vulnerable communities e.g. Autism. https://wiserealities.org.au/feel-better-vr/
We have health the Healthcare Immersive Technologies Symposium 2019 to educate WA health executives on the utilisation of immersive technologies to improve care. https://wiserealities.org.au/hit-symposium-2019
Where the charity conducted activities during the 2019 reporting period
Western Australia
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary
General community in Australia
Other beneficiaries
  • Aboriginal and Torres Strait Islander people
  • Gay, lesbian, bisexual, transgender or intersex persons
  • People in rural/regional/remote communities
  • People with disabilities

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: 1
  • Casual employees: 1
  • Full-time equivalent staff (FTE): 1.55
  • Estimated number of volunteers: 3

Financial Reporting

Charity's 2019 reporting period
27 August 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
$102.00
Revenue from providing goods or services
$844.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
Other revenue/receipts
$14,000.00
Total revenue/receipts
$14,946.00
Other income (for example, gains)
$0.00
Total income/receipts
$14,946.00
Expenses/Payments
Employee expenses/payments
$6,075.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$5,426.00
Total expenses/payments
$11,501.00
Net surplus/(deficit)
$3,445.00

Balance Sheet Extract

Total assets
$9,750.00
Total liabilities
$6,305.00
Net assets/liabilites
$3,445.00