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Our organisation

Annual Report 2019

The future is feminist, bold, inclusive

Message from the Chair

My first full year as chair, and it’s been full on.

I am so privileged to get to work with all the staff and volunteers at WIRE, and all the people who reach out for our help and referrals. I have learnt so much, and a lot of those lessons have hurt. It hurts that people continue to suffer such systemic disadvantage, that the cards are stacked against them. It hurts that WIRE has a seemingly endless flow of women and gender-diverse people needing to access services. It really brings it home just how much this is still a man’s world.

Women are the experts on their own situation and hold within them the power to be the best version of themselves. I am looking forward to the time when everyone has equal access to information, opportunities and economic benefits regardless of gender.

And then there is the joy — learning that people are the experts in their own lives, to see people find their voice, identify their issues and move in their own power to address them. To see the volunteers, staff and Board putting their gifts, and their hearts and souls into this work.

We have worked hard this year to refresh our strategic plan, to put WIRE in the best position to move into the next decade with clarity around vision, values, and how we get there.

Though our work this year in training and fundraising, we have been able to make a surplus which will be used to build WIRE so it can take on the challenges of bringing our strategic plan alive. I am immensely proud of the work that was done to produce this strategic plan, and now it’s time to roll up our sleeves and put it into action.

Thanks to all our supporters and funders for making our work possible.

Let’s build a future where all genders are treated equitably and are valued for what they bring to the universe.

— Wendy Wade,
WIRE Chair

Message from the CEO

This annual report is themed around WIRE’s new strategic plan. I am very proud of the plan. It was developed after consultations with our board, staff and volunteers and a variety of stakeholders who use our services. The process enabled us to recommit to making a difference for women and gender-diverse and nonbinary people and to make sure we were providing a place for individuals to get the information and support they need as well as locating ourselves as a change leader and advocate for women and gender-diverse and nonbinary people. Our strategic plan is a license to continue the great work we are already doing with a considered plan that maximises our impact and supports our staff, volunteers and service users in the process.

Never let those who know you least tell you who you are, what you are worth and what you can achieve. The future is feminist and together we will create great things.

There is so much work that WIRE has done this year that everyone associated with WIRE can be proud of. At professional and social events I am often pulled aside to be told about the great experience a person or their friend had when they contacted WIRE during a desperate time. Our supports often get called life changing and lifesaving with value beyond measure. Thank you to all our funders and supporters for your continued faith in us.

Thank you to all WIRE’s staff, volunteers and board members for doing the hard work that needs to occur for WIRE to be as great as it is. In particular thank you to Wendy Wade, Chair of WIRE, for her continuing support. Thank you to all our service users, donors, and community members that continue to make a place in their heart for WIRE.

— Julie Kun,
WIRE CEO

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Women’s Information and Referral Exchange Inc

Statement of profit or loss and other comprehensive income

For the year ended 30 June 2019

2019 ($) 2018 ($)
Revenue 2,077,400 1,479,069
Interest revenue calculated using the effective interest method 25,726 15,610
Expenses
Employee benefits expense (1,266,605) (964,024)
Occupancy expense (134,728) (128,357)
Depreciation and amortisation expense (23,728) (20,898)
Other expenses (510,464) (316,909)
Surplus before income tax expense 167,601 64,491
Income tax expense – –
Surplus after income tax expense for the year attributable to the members of Women’s Information and Referral Exchange Inc 167,601 64,491
Other comprehensive income for the year, net of tax – –
Total comprehensive income for the year attributable to the members of Women’s Information and Referral Exchange Inc 167,601 64,491

Statement of financial position

As at 30 June 2019

2019 ($) 2018 ($)
Assets
Current assets
Cash and cash equivalents 1,763,427 1,362,987
Trade and other receivables 4,467 8,092
Other current assets 16,106 7,421
Total current assets 1,784,000 1,378,500
Non-current assets
Property, plant and equipment 97,377 97,797
Other non-current assets 20,844 20,844
Total non-current assets 118,221 118,641
Total Assets 1,902,221 1,497,141
Liabilities
Current liabilities
Trade and other payables 252,595 327,251
Employee benefit obligations 57,386 61,751
Provisions – 35,860
Other current liabilities 879,578 524,975
Total current liabilities 1,189,559 949,837
Non-current liabilities
Employee benefit obligations 26,162 28,405
Total non-current liabilities 26,162 28,405
Total liabilities 1,215,721 978,242
Net assets 686,500 518,899
Equity
Accumulated funds 686,500 518,899
Total equity 686,500 518,899

Statement of changes in equity

For the year ended 30 June 2019

Accumulated funds ($) Total equity ($)
Balance at 1 July 2017 454,408 454,408
Surplus after income tax expense for the year 64,491 64,491
Other comprehensive income for the year, net of tax – –
Total comprehensive income for the year 64,491 64,491
Balance at 30 June 2018 518,899 518,899
Accumulated funds ($) Total equity ($)
Balance at 1 July 2018 518,899 518,899
Surplus after income tax expense for the year 167,601 167,601
Other comprehensive income for the year, net of tax – –
Total comprehensive income for the year 167,601 167,601
Balance at 30 June 2019 686,500 686,500

Statement of cash flows

For the year ended 30 June 2019

2019 ($) 2018 ($)
Cash flows from operating activities
Receipts from grants 1,943,713 1,611,644
Interest received 25,652 15,568
Receipts from other sources 491,989 211,386
Payments to suppliers and employees (inclusive of GST) (2,035,002) (1,206,880)
Net cash from operating activities 426,352 631,718
Cash flows from investing activities
Payments for property, plant and equipment (25,912) (33,845)
Net cash used in investing activities (25,912) (33,845)
Cash flows from financing activities
Net cash from financing activities – –
Net increase in cash and cash equivalents 400,440 597,873
Cash and cash equivalents at the beginning of the financial year 1,362,987 765,114
Cash and cash equivalents at the end of the financial year 1,763,427 1,362,987

Notes and auditor’s comments available in full Annual Report (download the PDF above).

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