New Way Ministries

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.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:
newwayministries.com.au
ABN:
15 171 583 445
Main Address:
2a Burns St, Spring Gully, VIC, 3550
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.
New Way Ministries reached its goal of working towards the development of rural communities across India by providing regular tuition and community programs to schoolaged children, and where appropriate their families, in rural communities in India. The goal of New Way Ministries is to support the education and learning of children in rural villages who otherwise do not receive the support they need. The literacy rates of children in villages across India is low (60%), so an increase in this work is needed if all Indian village children are to find a way out of poverty. New Way Ministries values all children equally from all nations and therefore has a mission to provide the educational support needed, for as many children as possible. Charity programme done in Tamilnadu, Rajasthan, Haryana, Bihar, Chandigarh

International Activities

Free tuition is provided in the poorest village where kids can come every evening and be helped in their studies by an educated adult. We provide healthy snacks for children during tuition times. Tuition runs on weekdays. We run community events 2-3 times per year where the families are also invited, with the aim of increasing their social and moral life. Through this work we see the education and hygienic levels improve. We pay the salaries of the teachers working in these tuition centres. We also provided the stationery and school supplies needed as well as basic items such as soap, water bottles and lunch carriers for the children. In summary, NWM provides the following products and services to 20 villages in North and South India: Free nightly tuition program Community events and activities Provision of healthy food and snacks Provision of stationary items needed for studies Provision of basic hygiene materials Regular training for teachers

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 Time310
Casual00
Volunteers625
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.$20,862$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.$50,812$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$46,309$69,602
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $0 $11,389
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $46,309 $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. $46,309 $69,602
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$25,447$67,514
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $9,330 $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. $16,117 $35,425
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$50,812$513,875
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$0$64,798