Financial Basics Foundation
Financial Basics Foundation is a medium-scale charity established in 2002. Their main activity is registered as other education primarily serving youth - 15 to under 25.
The Foundation is a not-for-profit entity and primarily is involved in developing financial literacy resources for Australian secondary schools. The Financial Basics Foundation pursues its mission and engages its networks through a series of programs which are designed to educate Australian secondary school students about financial issues; facilitate dialogue and professional development for educators, and establish opportunities for engagement between our sponsors and the communities in which they operate.
Who They Help
- Youth - 15 to under 25
Activities & Outcomes in 2019
Financial Basics Foundation (FBF) is a national financial literacy charity which aims to teach young Australians, between the ages of 12-24 years, the basics of effective financial management. FBF provides Australian Secondary schools with free, quality, independent resources and programs that froster sound financial attitudes and behaviours.
Total employee expenses: $280,708 (57% of revenue).
Average full-time equivalent salary: $93,569.
Revenue vs Expenses
Financial Basics Foundation has seen an average annual growth of 10% in revenue versus a 11% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.
Assets vs Liabilities
As of 2019, Financial Basics Foundation has a debt-to-equity (D/E) ratio of 0.16. This is considered safer than average within the charity space.
Sources of Revenue
Sources of Expense
- Brigid Leishman
- ChairpersonPossibly also represents: Financial Basics Community Foundation Limited.
- Timothy Devine
- Katrina Birch
- Melissa Witheriff
- Cale Bennett
- Nicole Pedwell
- Norman Hunter
- Kelly Ann Evans
Financial Basics Community Foundation Limited
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- Registration Status
- Charity is registered.
- DGR Status
Donations are not tax deductible.
- Office Address
L 7 525 Flinders St
- Entity Type
Australian Public Company
A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture.
03 9610 4919
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