About this organisation
Summary of activities
Nakango Vision organized youth events program with AICM and consultation with youth group from SSI and CORE community to support youths engagement in Fairfield. We did information section as a way of orientation with women and new arrived families how to integrate into the society. We helped a lot of people with referrals to organizations and other sectors help out in filling forms for people in need, and help train people in writing their resumes for job searches. Nakango Vision helped women with low English language with job seeking job into a training partway as social enterprise and provide some of them with volunteer work opportunity. Nakango helped advocate for women who are experiencing domestic and family violence to get out of grief. We also did regular community support and development, advocacy, youth support, care support for women and older people and welfare support like food groceries and also voucher to support families in the community.
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Outcomes
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Programs and activities
Name: WAY TO HAPPINESS
Classification: Community development (Community development )
Beneficiaries:- People from a culturally and linguistically diverse background (or people from a CALD background)
Name: MULTICULTURAL WOMEN SEWING ENTERPRISE
Classification: Economic development (Economic development)
Beneficiaries:- General community in Australia
- Overseas communities or charities
Name: Foundation Fashion Designing and Sewing
Classification: Social enterprise (Economic development > Business and industry > Social enterprise)
Beneficiaries:- People from a culturally and linguistically diverse background (or people from a CALD background)
Name: MULTICULTURAL COVID-19 FAMILIES SUPPORT
Classification: Food delivery (Human services > Basic and emergency aid > Food aid > Food delivery)
Beneficiaries:- Families
Name: Nakango Vision ACCOMMODATION
Classification: Place-based interventions (Community development > Place-based interventions)
Beneficiaries:- People at risk of homelessness/ people experiencing homelessness
Name: Work Placement and Volunteering support
Classification: Job creation and workforce development (Economic development > Employment > Job creation and workforce development)
Beneficiaries:- Adults - aged 25 to under 65
- Females
- People from a culturally and linguistically diverse background (or people from a CALD background)
- People with disabilities
Name: Online Mental Health Awareness
URL: nakangovision.org.au
Classification: Community mental healthcare (Health > Mental healthcare > Community mental healthcare)
Beneficiaries:- Adults - aged 25 to under 65
- General community in Australia
- Youth - 15 to under 25
Name: Volunteers support program
Classification: Voluntarism (Community development > Voluntarism)
Beneficiaries:- Adults - aged 25 to under 65
- People with disabilities
- Unemployed persons
- Youth - 15 to under 25
Name: Empower the youth
URL: www.nakangovisioncharity.com.au
Classification: Information and communications technology (ICT) (Education > Learning technology > Information and communications technology (ICT))
Beneficiaries:- Adults - aged 25 to under 65
- Financially disadvantaged people
- 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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