North East Tasmania Land Trust Inc

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:
www.netlandtrust.org.au
ABN:
20 600 778 740
Main Address:
286 Park St, North Hobart, TAS, 7000
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.
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 North East Tasmania Land Trust (NETLT) is a communitybased group that preserves, enhances and protects the natural environment in North East Tasmania. We do this by acquiring and managing areas of high conservation land and promoting conservation of our environment. Our primary work involves land management tasks on the areas of land that we own or have management responsibility for. Work includes wildlife surveys, controlling weeds and general management tasks. We raise funds to cover the costs of this land management as well as acquire and conserve land of ecological value that may become available in the future. Our aim is also to link and manage landscapes and create ecological connections. Due to COVID19 restrictions in 2020 to early 2022, NETLT has not been able to undertake its normal range of land care activities. However during the 2022 reporting period NETLT held regular Committee meetings, engaged in general administrative work, and undertook various planning activities. In addition in 2022 NETLT has been progressing the acquisition of a block of high conservation value land in the Binnalong Bay area.

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
Casual00
Volunteers725
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.$399$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.$42,003$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$1,488$69,602
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $180 $11,389
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $470 $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. $98 $5,632
Other RevenueIncome from any other sources that don't fit into the main categories. $740 $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. $1,488 $69,602
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$1,089$67,514
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $0 $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. $1,089 $35,425
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$42,003$513,875
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$0$64,798