Income 2016-2017

Expenditure breakdown 2016-2017

 

Income 2015-2016

Expenditure breakdown 2015-2016

2.96

current ratio up to

times

2015

 

YFS revenue grew by 12.7% in the year ended 30 June 2017, a very creditable result in an increasingly competitive environment. The ParentsNext program, which started late in the 2015-16 financial year, was fully rolled out and contributed $542,000 to our income. Our social enterprise continued to grow with income increasing by 34%. Substation33 won a significant contract during the year to manufacture flooded road warning systems for Logan City Council, worth $360,000 in 2016-17. This is budgeted to grow to $500,000 in the 2017-18 financial year.

 

Expenditure increased by 5.25%, achieved through a continuing focus on efficiency and cost control. This has enabled us to expand and develop our services to the Logan and surrounding communities without significantly adding to our cost base.

 

YFS continues to be in a very strong financial position. Our  asset to liability ratio of 2.61 times and our current ratio of 2.96 times position us well to continue to provide innovative, high quality services to our community.

 

 

 

 

INCOME Comparison

 

12.7%

growth

in revenue

over 2015-16

EXPENDITURE Comparison

 

Assets Ratio

Assets:  $14,481,805

Liabilities:  $5,547,081

Ratio:  2.61:1

 

Current Ratio

Current Assets:  $5,737,165

Current Liabilities:  $1,935,066

2.96:1

Assets Ratio

Assets:  $13,500,454

Liabilities:  $5,492,500

Ratio:  2.46:1

 

Current Ratio

Current Assets:  $4,719,306

Current Liabilities:  $1,817,666

2.60:1

Key ratios

 

2017

Key ratios

 

2016

Thanks to our supporters, sponsors and funding bodies

       Funding partners 2016-17

 

  • Australian Government Department of Social Services
  • Australian Government Department of Employment
  • Queensland Department of Communities, Child Safety and Disability Services
  • Queensland Department of Housing and Public Works
  • Queensland Department of Education and Training
  • Queensland Department of Science, Information Technology and Innovation
  • Legal Aid Queensland
  • Commonwealth Community Legal Services Program
  • Salvation Army - Communities for Children
  • Logan City Council
  • Mater Health - SHIFT Drug and Alcohol
  • AGL
  • Amanda Flynn Foundation
  • Tenants Qld - QSTARS
  • Catholic Religions Australia, Queensland - Presentation Sisters
  • Alcohol and Drug Foundation
  • Queensland Community Foundation

2016-2017 IMPACT REPORT

YFS is funded by the Australian Government and the Queensland Government.

YFS acknowledges Aboriginal and Torres Strait Islander people are Australia's First

Peoples and the traditional owners and custodians of the land on which we meet and work.

 

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