Over 5 000 registered charities that have failed to report to the Australian Charities and Not-for-profits Commission (ACNC) on time will receive a ‘red mark’ against their name at the end of the month.
The ACNC is urging these charities to join the 38 000 registered charities that have already submitted their annual report.
Charities reporting on a standard financial year of 1 July – 30 June were due to report on 31 January 2015 and will soon be officially 6 months overdue.
These charities will receive an indicator of their failure to submit their 2014 Annual Information Statement on their listing on the ACNC Charity Register.
ACNC Commissioner, Susan Pascoe AM, said charities with overdue 2014 Annual Information Statements needed to take urgent action.
“The ACNC Charity Register receives hundreds of thousands of views each year and now the public, donors and grant-makers can see if your charity has not met its legal obligations.
“Completing your Annual Information Statements also allows you to have an up-to-date entry, meaning people access information about the important work your charity is doing in the community.”
Ms Pascoe said that the ACNC had a duty to the public to make it clear when charities were not doing the right thing.
“The ‘red-mark’ for those charities that are six months overdue in their reporting helps the public identify charities that are not meeting their obligations. This may influence decisions regarding donating and volunteering.”
Ms Pascoe reminded charities that continued non-compliance could result in harsher penalties, including revocation.
“The ACNC recently revoked status of over 5 500 charities that had not completed both their 2013 and 2014 Annual Information Statements, which means they can no longer access Commonwealth charity tax concessions."
“If your charity needs assistance submitting its Annual Information Statement, contact our friendly staff on 13 ACNC.”
Charities can find further information about the 2014 Annual Information Statement at acnc.gov.au/2014AIS.