The Rural Foundation Limited

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!Tax Deductible iconThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
Website:
www.youthrivevictoria.org.au
ABN:
33 132 023 342
Main Address:
85a Albert St, Creswick, VIC, 3363
Charity Size:
MediumMedium-sized charities, with an annual revenue of $500,000 to under $3 million, strike a balance between local connection and broader reach. They've grown beyond grassroots efforts and established more formal structures, enabling them to tackle larger projects and reach a wider audience.

These charities might run multiple programs across a region, advocate for systemic change, or deliver specialised services to a specific group of people. They offer a diverse range of opportunities for involvement, from skilled volunteering in areas like marketing or finance to participating in community education programs.

Charity Type:
Education
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:
Tax DeductibleThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
Our purpose is to strengthen rural communities by supporting young people to be leaders. Our vision is that Victoria rural and regional communities will be thriving with strong input from skilled, resilient and motivated young people. Youthrive Victoria provides support, development, mentoring and services to assist young rural people to receive postschool education, particularly those disadvantaged by distance, personal circumstances or economic hardship. In the 2021/2022 financial year, Youthrive Victoria continued to provide the following programs: 1a. University Scholarships: Equity and Merit scholarships supporting young rural people to attend university (7 awarded in 2022) 1b. Rural Chances Vocational Scholarships: (13 awarded in 2022) 2. Young Rural Leaders Program: This sixday residential program for aspiring young rural leaders was conducted twice this year. Numbers were affected by Covid. July 2021 had 17 participants and January 2022 had 18 participants. Programs were facilitated by 18 alumni coaches. 3. Mentoring: The Mentoring program supports rural students in their transition to university or TAFE and into their careers. There were 12 mentoring pairs and 37 mentoring groups participants in 2022. The Branch out mentoring program was offered in 10 schools in 2022 and reached 715 students. 4. The Rural Youth Network continued to grow. It provides a network to create success for schoolleavers, using the best aspects of online technology with the best of inperson communications. Participants in the network help one another and use online resources and activities sodesigned and run by peers. Young rural Victorians use the network to find career connections, volunteering opportunities and shared interests with other young people. The RYN is a new type of community for those who are transitioning from regional schools into postschool education and training, and into work. Rural Businesses and organisations can provide opportunities via the ryn.org.au website. 5. Dream Seeds Workshops an initiative ot the Alumni members which builds aspiration, resilience and connections for Year 6 students. Covid continued to have an impact on the delivery of the Dream seeds program in the 2021/2022 financial year. Workshops were conducted at 14 schools with a total of 343 students participating. The program was run by 20 volunteer alumni presenters. The Alumni group also operated as a social and volunteer organisation. They conducted leadership development workshops and provided the strong volunteer base of Youthrive Victoria.

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 (Medium)
Full Time12
Part Time24
Casual63
Volunteers6571
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.3.7015.96
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.1757%2853%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$79,338$102,855

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.

Has Related Party Transactions: Yes

Has Documented Policies:Indicates whether the charity has formal, documented rules and procedures for managing and reporting transactions with related parties. N

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 Medium Charity (Annual revenue of $500,000 to under $3 million)

Medium charities must submit an Annual Information Statement (AIS) and a financial report that is either reviewed or audited. Unlike large charities, they are not required to provide as detailed a breakdown of their non-current assets and liabilities or disclose remuneration for key management personnel.

CategoryCharity ValueAustralian Average (Medium)
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.$102,405$64,293
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.$7,369,846$2,807,871
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$813,611$828,906
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $312,425 $190,256
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $0
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $51,145 $284,284
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $446,441 $51,764
Other RevenueIncome from any other sources that don't fit into the main categories. $3,600 $59,126
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $20,670
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$711,206$764,613
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $293,552 $363,743
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $198,700 $79,443
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 $23,983
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $218,954 $302,259
Other Comprehensive IncomeIncome and expenses, such as revaluation surplus, that are not recognised in the net surplus/deficit but are included in total comprehensive income. $0 $0
Total Comprehensive IncomeNet Surplus/Deficit plus Other Comprehensive Income. It represents the total change in a charity's net assets from all transactions and events. $0 $0
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$7,835,015$3,582,980
Total Current AssetsAssets that are expected to be used or converted into cash within one year, such as cash in the bank and short-term investments. $1,376,525 $1,631,090
Total Non-current AssetsAssets that are not expected to be used or converted into cash within one year, such as land and buildings. $6,458,490 $1,951,890
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$465,169$775,109
Total Current LiabilitiesDebts and obligations that are due to be paid within one year, such as accounts payable and short-term loans. $332,694 $591,391
Total Non-current LiabilitiesDebts and obligations that are not due to be paid within one year. $132,475 $183,718