St John Ambulance SA Inc. Annual Report 2019-2020

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St John Ambulance Australia SA Inc Annual Report 2019/20

FUNDING

FINANCIALS - TREASURER’S REPORT

We are a volunteer-based charitable not-for-profit organisation, primarily funded through our own commercial activities.

FUNDS GENERATED: 3% Other Income

FUNDS SPENT:

SUMMARY OF COMPREHENSIVE INCOME

We are a social enterprise, meaning a not-for-profit that applies commercial strategies to generate funding for health and wellbeing programs, rather than for maximising profits for shareholders. This is achieved primarily through the delivery of training as a Registered Training Organisation (RTO) and the sale of first aid products. Every dollar spent with St John SA enables us to provide community services like first aid care for the public, education initiatives, support for the underprivileged, social inclusion and youth development programs.

3% Investment

34% Education & Products

21% Event Health Services

2019/20 ($’000)

2018/19 ($’000)

2017/18 ($’000)

2016/17 ($’000)

2015/16 ($’000)

10% Grants

Description

Revenue

20,640

12,255

10,953

11,975

10,165

Expenses

18,685

11,448

10,333

10,516

10,396

5% Event Fees

30% Education & Products

Net operating surplus/(deficit) before depreciation & disposals

1,955

808

620

1,459

(231)

4% Social Inculsion Funding 2% Youth Development

Depreciation

635

475

413

590

600

Net gain/(loss) on disposal of property, plant and equipment

40

13

(21)

354

140

Net surplus/(deficit) for the year

1,360

346

186

1,223

(691)

1% Investments

0% History & Heritage

Other comprehensive income

(519)

49

261

506

(87)

45% Fundraising, Donations & Legacies

Total comprehensive income/(loss) for the year

841

395

447

1,729

(778)

1% First Aid in Schools

$20,680,419

$19,320,234

41% Fundraising

The net operating surplus before depreciation and disposals was $1,955k compared to a surplus of $808k in 2018/19. This increase was driven by the success of the St John SA 2019 Lottery partly offset by the impact late in the financial year of COVID-19 on traditional revenue streams plus higher expenses during 2019/20 (refer following page). During 2020/21, management is focusing on growing revenue from training fees by the development of new commercial courses and a new eCommerce website platform, from product sales by expanding our product range and restocking service, improving our customer acquisition rates, deploying the new website and increasing our promotional cycles within the defibrillator category, and in fundraising, excluding the lottery, from increased sponsorships and innovative fundraising programs. Total comprehensive income for 2019/20 was $841k compared to $395k in 2018/19.