Annual Information Statement 2014

Legal Name: 
The Goodes O'Loughlin Foundation Limited
ABN: 
59139676010

Section A: Charity Information

Other names charity is known by (such as trading name): 
GO Foundation
Charity size: 
Medium
Basic Religious Charity: 
No

Section B: Activities

Activities in the 2014 reporting period: 
Yes
Main activity: 
Other activity
General activities: 
Primary and secondary education
Description of charity’s activities and outcomes: 
Undertaking activities that are designed to support and assist Indigenous Australians by encouraging, supporting and empowering them through education. 2014 focus was fundraising for this purpose.
Changing or introducing activities in the next reporting period: 
No
Beneficiaries helped by charity’s activities in the 2014 reporting period: 
Other
  • 2014 was a fund raising year with the funds raised, plus future funds to be raised, to be expended on GO Foundation scholarships in 2015 and on-going.

Section C: Resources and operating locations

Estimated number of unpaid volunteers who worked for the charity during the 2014 reporting period: 
  • Full time employees: 0
  • Part time employees: 0
  • Casual employees: 0
  • Volunteers: 1TO10
Where the charity operated during the 2014 reporting period: 
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia

Section D: Reporting and regulatory obligations (This section is optional)

Commonwealth department /(s) and/or agency/agencies charity had to report to over the 2014 reporting period, excluding the ATO and ACNC

Approximate hours spent reporting by paid staff: 
0
Approximate hours spent reporting by unpaid volunteers: 
0
Total hours spent reporting: 
0.00

Section E: Financial information

Charity's 2014 reporting period: 
1 July 2013 to 30 June 2014
Financial report submitted to a state/territory regulator?
No
2014 Financial report: 
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Income and Expenses

Income Statement

Gross Income
A Government grants: 
$500,000.00
B Donations and bequests: 
$152,095.00
C All other revenue: 
$206.00
D Total revenue (a+b+c): 
$652,301.00
E Other income: 
$0.00
F Total gross income (d+e): 
$652,301.00
Expenses
G Employee expenses: 
$0.00
H Grants and donations made for use in Australia: 
$0.00
I Grants and donations made for use outside Australia: 
$0.00
J All other expenses: 
$3,335.00
K Total expenses (g+h+i+j): 
$3,335.00
L Net surplus/deficit (f-k): 
$648,966.00

Balance Sheet extract

Assets
M Total current assets: 
$693,661.00
N Total non-current assets: 
$9,660.00
O Total assets (m+n): 
$703,321.00
Liabilities
P Total current liabilities: 
$548,945.00
Q Total non-current liabilities: 
$0.00
R Total liabilities (p+q): 
$548,945.00
S Net assets/liabilities (o-r): 
$154,376.00