Diluted Thinking

in Australian healthcare

AVN - Financial Statements

Background

It is a requirement for New South Wales' incorporated associations to submit financial statements for the previous financial year to the annual general meeting. The AVN is a Tier 1 category association and therefore is required to submit audited financial statements.

Members of the public can inspect/obtain copies of documents lodged with NSW Fair Trading on the Public Register under the Associations Incorporation Act 2009.

Note: as of May 2013 the AVN has failed to submit a financial statement for 2011. This statement was due to be lodged with NSW Fair Trading by 31 July 2012.

Overview

2004200520062007200820092010
Total
Income
183,580300,994206,014344,820246,756281,756281,885
Total
Expenses
189,664246,438223,476168,740250,598270,816231,447
Expenses:
% of income
103.3%81.9%108.5%48.9% *101.6%96.1%82.1%

Selected Entries

2007200820092010
Income
Donations120,400.9744,193.6590,43676,996
Membership fees19,376.0611,695.114,223
Sponsorship19,394
Membership fees,
Sponsorship, sundry income
25,886
Sale of Goods198,891185,354160,647187,408
Expenses
Cost of Sales (total)88,072110,904106,007?
Other Expenses (total)80,668139,694164,809?
Magazine Costs
– Meryl Dorey (editor)
– editor: % of cost
68,634.54
15,840.00
23%
71,884.67
17,490.00
24.3%
86,547
?
?
Consultants Fees14,152.7320,895.4613,770?
Photocopier Expenses10,877.3911,109.6210,296?
Computer Expenses27,285.4016,060.6817,664?
Employee Expenses53,70551,03154,75757,522

Downloads

AVN annual financial statements in full (PDF documents):