Starfish Enterprises Network Limited
Also known as “Starfish Initiatives”, “Starfish Associates” and “Starfish Foundation”, Starfish Enterprises Network Limited is a large-scale charity established in 2011. Their main activity is registered as environmental activities.
Refer to our Annual Report on our website for full details.Since Starfish's inception, we have led or supported 131 sustainability initiatives involving 590 partner organisations, 159 funders, 297 contractors, 1,105 volunteers and 11,861 participants.As at today, the combined supporter base for all of our sustainability initiatives is more than 5,600 people.The diversity and reach of our sustainability work has similarly grown ~ with operations in Australia, China, Ethiopia, Indonesia, Kenya, Peru, and Vietnam plus a diverse portfolio of work encompassing renewable energy, regenerative farming, reconciliation, social housing, disability, natural funerals, youth development, leadership, governance and more.Starfish is well placed for the commencement of its new strategic plan and to continue to implement this range of rural sustainability initiatives as well as further expand the reach and impact of its work by utilising its comprehensive system of supporting systems, services, and sustainability professionals.It is poignant that Starfish Foundation was finally awarded tax deductible donation status after more than five years of negotiations, and was listed on the Australian Government Register of Environmental Organisations on 27 April 2016.This was the last major regulatory approval that Starfish required to be fully operational, and the official launch of Starfish is now being organised ~ eight years after we started work!
Who They Help
- General community in Australia
Total employee expenses: $69,015 (6% of revenue).
Average full-time equivalent salary: $47,271.
Revenue vs Expenses
Starfish Enterprises Network Limited has seen an average annual growth of 107% in revenue versus a 117% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.
Grants given out in 2016 for use outside of Australia: $534,833
Assets vs Liabilities
As of 2016, Starfish Enterprises Network Limited has a debt-to-equity (D/E) ratio of 0.83. This is considered slightly riskier than average within the charity space.