INDIGENOUS BASKETBALL AUSTRALIA LIMITED

Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!
Website:
www.indigenousbasketballaustralia.com
ABN:
99 644 882 164
Main Address:
KPMG, Tower Three, International Towers Sydney, 300 Barangaroo Avenue, Sydney, NSW, 2000
Charity Size:
SmallSmall charities, those with an annual revenue of under $500,000, are often the unsung heroes, deeply rooted in local communities. Think of your local soup kitchen, the neighbourhood environmental group, or the tiny organisation providing crucial support to families in crisis. These charities punch above their weight, delivering highly personalised services and fostering strong connections.
Charity Type:
Healthcare, Social welfare
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Not Tax DeductibleThis charity or fund is currently not recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations made to this entity are generally not tax-deductible for the donor. This status indicates the entity does not hold active DGR endorsement, based on official ABR data.
The company continued operating in accordance with its objectives of empowering, assisting and supporting disadvantaged Aboriginal and Torres Strait Islander people, especially youths, to achieve better outcomes, improving their quality of life and empowering them across Australian communities. The entity’s strategy in achieving these objectives focuses on using basketball as the mechanism to engage with Aboriginal and Torres Strait Islander communities enabling the delivery of a wide range of programs designed to achieve positive outcomes and overcome the many challenges and barriers they face in the current Australian society, economy, and sporting structures. The entity takes a communityled approach in the design and development of its programs with an emphasis on improving the education, employment, safety & wellbeing, culture and capabilities of indigenous communities across Australia by: 1) Promoting reconciliation, mutual respect and tolerance between groups of individuals by providing programs that establish a safe environment free of discrimination, criticism, judgement, and exclusion. 2) Programs that promote creating a sense of belonging within the wider community and serve as a platform to educate and address socioeconomic disadvantages. 3) Programs that provide opportunities targeted at healthy lifestyles, and through this, develop positive role models for disadvantaged Aboriginal and Torres Strait Islander communities. 4) Provide programs that are free of charge to participants thus eliminating a major barrier to participation. 5) Drive community engagement and participation in the newly established IBA programs. 6) Provide skill development and accreditation to Aboriginal and Torres Strait Islander participants. 7) Delivery of an Australian first Indigenous Community Basketball league (ICBL) across 8 regions in Australia. 8) Deliver culturally centered educational services to address critical wellbeing areas of concern for Indigenous Youth. 9) Deliver an Australian first National Indigenous Basketball Tournament.

Only Active in Australia

Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueAverage (Small)
Full Time30
Part Time20
Casual80
Volunteers5425
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.5.002.45
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.1080%4767%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$36,314$90,456

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Reporting on related party transactions is not required for small charities.

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2022

Lodgement was submitted on time.

Reporting Requirements for a Small Charity (Annual revenue under $500,000)

Small charities must submit an Annual Information Statement (AIS) but are not required to submit a full financial report. This means they do not have to provide a detailed breakdown of assets and liabilities or submit audited financial statements, though they must keep financial records.

CategoryCharity ValueAustralian Average (Small)
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$-122,015$2,089
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$-657,127$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$315,455$69,602
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $315,455 $11,389
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $0 $25,364
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $15,438
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $0 $5,632
Other RevenueIncome from any other sources that don't fit into the main categories. $0 $6,826
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $4,952
Total Gross IncomeTotal Revenue plus Other Income. It represents the total income before any expenses are deducted. $315,455 $69,602
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$437,470$67,514
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $181,570 $17,158
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $0 $12,043
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $0 $2,889
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $255,900 $35,425
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$204,713$513,875
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$861,840$64,798