About this organisation
Summary of activities
Agreements and Negotiations: The Eden LALC has been involved in several high-level agreement and negotiation processes over the year. Solution Brokerage and the Eden Accord: The Eden LALC has continued to work with NSW Government parties to the Eden Accord. Continually trying to see that the priorities found within the Eden Accord come to completion. There has been varying progress achieved on the differing priorities, but we have yet to see any fully completed. These priorities require great time and effort from all parties involved and in some cases are working through some extremely complicated issues. Eden Aboriginal Land Agreement: The Aboriginal Land Agreement process is a new way for the Crown to deal with Aboriginal Land Claims, through this process the Eden LALC has been able to secure commitment for the transfer of some 40 land claims under the one agreement. As well as this Eden LALC has been able to negotiate the transfer of some 14 Travelling Stock Reserves as freehold title. This is a first in NSW. Projects and Contracts: The Eden LALC has continued to make every effort to provide employment opportunities to its members and community. It has done this by offering casual employment through external contracts with NSW National Parks and Wildlife Services, NSW Forestry Corporation, and Far South Coast Landcare Association, to name a few. Bundian Way: The major project has been the Bundian Way. Throughout this reporting period the Bundian Way has continued to maintain its momentum, shifting from on ground works to significant planning and marketing activities. The effects on the bushfires over last summer and the ongoing effects of the COVID-19 pandemic have seriously undermined the ongoing development of the Bundian Way during this reporting period. However, the LALC and the executive of the Bundian Way Advisory Committee have continued to develop aspects of the Bundian Way. Cultural Education and Tourism: The common theme for this reporting period is that many of these initiatives have been hampered due to the unforeseen events of the bushfires that devastated the region over summer and the ongoing COVID-19 pandemic. This area is still a priority for the LALC and will continued to be developed into the future. The Bundian Way was featured in the September issue of Green Magazine which highlighted the different experiences and eco-tourism opportunities to be had in the region. The Bundian Way was featured on the Today Show in June this year. This was a fantastic opportunity to promote the Eden LALC and Bundian Way.
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Outcomes
Outcomes are self-reported by charities
Programs and activities
Name: Economic, social and community development
Classification: Sustainable development (Economic development > Sustainable development)
Beneficiaries:- Aboriginal and Torres Strait Islander people
- General community in Australia
Name: Social Housing
Classification: Housing development (Economic development > Housing development )
Beneficiaries:- Aboriginal and Torres Strait Islander people
Name: Cultural & Heritage
Classification: Agriculture, fisheries and forestry (Agriculture, fisheries and forestry)
Beneficiaries:- Aboriginal and Torres Strait Islander people
- General community in Australia
Name: Culture & Arts
Classification: Cultural awareness (Arts and culture > Cultural awareness)
Beneficiaries:- Aboriginal and Torres Strait Islander people
- General community in Australia
Finances
What is this?
This graph shows how much revenue (money in) and expenses (money out) the charity has had each year over the last few years. Charities have many sources of revenue, such as donations, government grants, and services they sell to the public. Similarly, expenses are everything that allows the charity to run, from paying staff to rent.
What should I be looking for?
First off, this graph gives a general indication of how big the charity is - charities range in size from tiny (budgets of less than $100,000) to enormous (budgets more than $100 million). You're also looking for variability - if the charity's revenue and expenses are jumping up and down from year to year, make sure there's a good reason for it.
Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want revenue to be slightly above expenses. If expenses is reliably above revenue, the charity is losing money. If revenue is much larger than expenses, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.
What is this?
If a charity receives more money than it spends, that's a surplus (in business, it would be called profit). If it spends more than it receives, that's a deficit. This chart shows surpluses and deficits for the charity over the last few years.
What should I be looking for?
Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want a charity to make a small surplus on average. A deficit means that charity lost money that year, which may indicate poor financial management or just a series of bad circumstances. If the charity always has a huge surplus, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.
What is this?
This chart compares the amount the charity receives from various sources, including donations (i.e. money given by the general public or philanthropy), goods and services, government grants, and other sources.
What should I be looking for?
Donations are an important source of revenue for some charities. Others rely more heavily on government funding, or on revenue from other sources. This is an indication of how much they need donors to accomplish their mission. Note that there is no 'good' or 'bad' amount of donations for a charity to have. It might be interesting to look at values over time - are they going up or down? A charity that gets less donations every year may be in trouble.
What is this?
Assets are things that the charity owns that are worth something. This could be anything from a car to investments. Similarly, liabilities are debts or obligations that the charity owes to someone else, like a loan or an agreement to pay for something.
What should I be looking for?
Firstly, in general a charity should have more assets than liabilities. If it doesn't, it implies that the charity might not be able to pay its debts, and you should look very closely at the charity's annual and financial reports to make sure they are taking steps to remedy this. Current assets should generally be above current liabilities - that means the charity can easily pay off the debts that are coming due soon. Beyond that, look for a large stockpile of assets. While a charity should have enough assets to keep it afloat in hard times (a 'buffer') if that stockpile gets too large the charity could be using that money more effectively. As always, if you have concerns check the annual and financial reports.
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