About this organisation
Summary of activities
KIK Innovation continues to make significant strides in transforming the lives of young and disadvantaged people through their innovative education programs. The organization has become a catalyst for opportunity for youth across Australia, consistently demonstrating their ability to engage and empower young people who might otherwise face barriers to entering the technology sector. The impact on young lives is particularly evident in our specialized programs. The Code initiative has created new pathways for Indigenous youth to enter the tech sector, while the Autism Pre-Pathway program has opened doors for young neurodiverse people who might otherwise have faced barriers to education and employment. Our commitment to young people's success is powerfully illustrated by the graduate employment rate. This remarkable achievement shows how KIK s unique peer-to-peer learning model and gamified approach to education resonates particularly well with younger students. The impact extends beyond just technical education. Through our industry connections we have created valuable cadetship opportunities that help young people transition smoothly from education to employment. Our achievements in competitions like Cyber Battle Australia 2024, where numerous young students excelled, showcase how their educational approach builds both technical skills and confidence in young learners. Most importantly, KIK is breaking down traditional barriers to education. With >45% of their students having never been employed before, they're providing crucial first steps into careers for young people who might otherwise have struggled to find their path. Our 24/7 accessibility and free education model ensures that no young person is excluded from the opportunity to transform their future through technology education. KIK s commitment to youth development remains at the heart of our mission, creating pathways to success for the next generation of technology professionals
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Outcomes
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Programs and activities
Name: 42 Adelaide
Classification: Job training (Economic development > Employment > Job training)
Beneficiaries:- Aboriginal and Torres Strait Islander people
- Financially disadvantaged people
- People with disabilities
- Youth - 15 to under 25
Name: SACE Digital Technologies
Classification: Education (Education)
Beneficiaries:- Aboriginal and Torres Strait Islander people
- Unemployed persons
- Youth - 15 to under 25
Name: Autism Pre Pathway
Classification: Learning technology (Education > Learning technology)
Beneficiaries:- People with disabilities
- Youth - 15 to under 25
Name: Indigi Code
Classification: Learning technology (Education > Learning technology)
Beneficiaries:- Aboriginal and Torres Strait Islander people
- People at risk of homelessness/ people experiencing homelessness
- Youth - 15 to under 25
Name: Diploma Information Technology ( Advanced Programming) ICT50200
Classification: Vocational education and training (Education > Vocational education and training )
Beneficiaries:- Females
- Males
- People from a culturally and linguistically diverse background (or people from a CALD background)
- People in rural/regional/remote communities
- People with disabilities
- Unemployed persons
- Youth - 15 to under 25
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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