Our latest financial results for FY19 ro FY21 are shown below. For more details, please feel free to Contact Us. Our financial year is from 1st July until 30th June.
$127k
from Fundraising
Activities
$88k
Used For Outreach Programs
1,200
Students & Community Reached
| Income |
FY19 |
FY20 |
FY21 |
FY22 |
| Tax Refunds & Credits |
269.00 |
702.00 |
1,116.00 |
105.00 |
| BBQ Takings |
|
2,125.00 |
| DIK Longest African Dinner |
|
4,487.44 |
| Donations - General |
8,368.00 |
14,800.04 |
20,035.00 |
8,241.00 |
| Donations - Schools |
|
4,064.21 |
10,000.00 |
8,500.00 |
| Event Sales - A Taste of Africa |
|
8,604.23 |
587.00 |
| Event Sales - Queen of Katwe |
2,465.52 |
|
| Sales - Products & Merchandise |
|
199.15 |
| Sponsorship - General |
|
11,065.35 |
16,090.00 |
92.00 |
| Wheelchairs for Kids Donatios |
|
|
3,758.00 |
| Yimba Face Mask Sales |
|
|
8,019.00 |
20.00 |
| Total Income |
11,102.52 |
46,047.42 |
59,606.00 |
16,958.00 |
| |
| Less Operating Expenses |
FY19 |
FY20 |
FY21 |
FY22 |
| Advertising |
244.00 |
208.00 |
32.00 |
| Bank Fees |
93.93 |
205.00 |
410.00 |
72.00 |
| BBQ Costs |
|
243.64 |
|
| Accounting |
613.99 |
262.50 |
470.00 |
400.00 |
| DIK Longest African Dinner |
|
3,845.89 |
|
| Event Costs |
244.53 |
3,818.18 |
106.00 |
205.00 |
| Insurance |
|
593.06 |
|
| Legal Fees |
342.00 |
2,969.31 |
3,373.00 |
34.00 |
| Program Costs - Healthcare |
|
1,950.00 |
10,108.00 |
4,991.00 |
| Program Costs - Outreach |
9,088.93 |
15,172.84 |
7,500.00 |
605.00 |
| Program Costs - Scholarships |
|
9,500.00 |
24,614.00 |
4,572.00 |
| Program Costs - School Fees |
|
1,822.66 |
|
6,500.00 |
| Rent in Uganda |
|
|
2,765.00 |
| Subscriptions |
|
680.00 |
2,843.00 |
51.00 |
| Internet & Telephone Uganda |
|
|
289.00 |
89.00 |
| Travel Costs |
|
1,929.40 |
|
| Wheelchairs for Kids |
|
|
597.00 |
80.00 |
| Yimba Face Mask Costs |
|
5,969.00 |
|
| Total Expenses |
10,383.38 |
43,199.67 |
60,101.00 |
17,599.00 |
| |
|
FY19 |
FY20 |
FY21 |
FY22 |
| Net Surplus |
719.14 |
2,847.75 |
-495.00 |
-640.00 |
Commentary
- FY22 was adversely effectved by the Coronavirus Pandemic - most schools in Uganda closed and fundraising was curtained due to lockdowns
- Accounting and Legal Fees include FY18 fees accrued into FY19
- Bank Fees include local banking fees (ANZ) and international wire transfer fees (World Remit, Remitly, etc.)
- Total outreach expenditure in Uganda was approximately 23 Million Shillings (23M UGX) in 2019, and 76 million Shillings (76M UGX) in 2020.
- Any Net surplus or deficit is carried forward year-on-year
- All finances shown are unaudited due to our 'small' charity classificiation by ACNC.
- Legal fees predominantly cover medical practicing license, NGO and company registration fees in Uganda
- The Wheelchairs for Kids project continue into FY22 and is accounted for in that financial year