Stepahead Australia Ltd

Donation Funded iconThis charity receives a significant portion of its funding (specifically, more than 30% of its total revenue) directly from donations and bequests. This indicates that public contributions are a crucial financial lifeline for their mission.
Website:
www.stepahead.org.au
ABN:
15 130 364 019
Main Address:
148 Princes St, Traralgon, VIC, 3844
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.
For the 2021/2022 project financial years we have continued our efforts in the following areas: Working in collaboration with international biotech and clinical research partners, Melbournebased investigators supported by our charity have been researching the benefits of infusing a naturally occurring protein called Decorin for treatment of traumatic spinal cord injury. As previously reported for the 2020/2021 project financial years, the disruptions due to lockdowns in Melbourne in response to the Covid19 pandemic in the 2021/2022 financial year again significantly impacted the ability of the Melbourne based Spinal Cord Injury Research (SCIR) team to conduct experimental studies supporting the clinical development and translation of Decorin to use in humans. In accordance with Monash University policies and directives, the research team were unable to conduct long term studies investigating the molecular and cell biology supporting locomotor recovery in preclinical studies of chronic spinal cord injury, with the last Melbourne lockdown ending on the 21st October 2021. The team therefore continued analysis of data sets collected from preclinical studies conducted prior to Covid19 lockdown restrictions. Importantly however, the SCIR team continued to build a new collaboration with a Sydneybased company called Isodynamics Reviver Corporation that has developed a novel rehabilitation technology for patients with neurological disorders. The new collaboration has focused on planning clinical trials to determine the optimum means of combining exercise rehab with Decorin infusion treatment to further enhance recovery of neurological function after traumatic spinal cord injury. The activities of our charity have therefore continued to focus on supporting clinically relevant scientific research that has a clear path to clinical trials for neurological disorders in humans.

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 Time00
Part Time00
Casual10
Volunteers025
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.0.002.45
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.0%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.$0$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.$-7,726$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.$48,450$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$90,000$69,602
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $10,000 $11,389
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $80,000 $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. $90,000 $69,602
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$97,726$67,514
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $2,275 $17,158
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $80,000 $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. $15,451 $35,425
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$65,474$513,875
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$17,024$64,798