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.

Financial Basics Foundation

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.

Employees

Full-time
1
Part-time
1
Casual
2
Volunteers
7

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

Responsible People

Brigid Leishman
Chairperson
Timothy Devine
Director
Katrina Birch
Director
Melissa Witheriff
Director
Cale Bennett
Director
Nicole Pedwell
Secretary
Norman Hunter
Director
Kelly Ann Evans
Treasurer

Related Entities

Financial Basics Community Foundation Limited
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ABN
90114612270
Registration Status
Charity is registered.
DGR Status
Not endorsed.

Donations are not tax deductible.

Office Address
L 7 525 Flinders St
Melbourne
VIC 3000
Australia
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.

Contacts
03 9610 4919
[email protected]
[email protected]

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Categories
literacy, education, melbourne, secondary school, curriculum, school, vic, financial literacy, educators, national curriculum, financial education