AUSTRALIAN GLYCOSCIENCE SOCIETY LIMITED

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Website:
ozglyco.org
ABN:
56 661 049 565
Location:
Macquarie Park, NSW
Charity Size:
SmallSmall charities, those with an annual revenue of under $500,000, are often the unsung heroes, deeply rooted in local communities. Think of your local soup kitchen, the neighbourhood environmental group, or the tiny organisation providing crucial support to families in crisis. These charities punch above their weight, delivering highly personalised services and fostering strong connections.
Charity Type:
Education, Healthcare
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Not Tax DeductibleThis charity or fund is currently not recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations made to this entity are generally not tax-deductible for the donor. This status indicates the entity does not hold active DGR endorsement, based on official ABR data.
The primary objective of the Australian Glycoscience Society is to promote the development and recognition of glycosciences within Australia. This is achieved through the following key strategies: 1. Elevating the Visibility of Glycosciences: The society aims to enhance the recognition and status of glycosciences both within Australia and on a global scale. 2. Fostering Interdisciplinary Collaboration: By serving as a conduit for networking between individuals and various associations, both domestically and internationally, the society seeks to diversify and fortify the glycoscience community within Australia. 3. Promoting Outreach and Knowledge Exchange: The society is committed to advancing the field of glycosciences by facilitating the dissemination of knowledge and fostering collaborations across all scientific disciplines that intersect with the study of sugars. 4. Nurturing Educational Development: A cornerstone of the society’s mission is to cultivate the skills and talents of emerging glycoscientists, thereby contributing to the future advancement of this specialized field. In addition this year, the Australian Glycoscience Society (AGS) has actively promoted international collaboration and participation in the glycoscience community. In 2024, AGS sponsored one member to attend the 7th Canadian Glycomics Symposium (GlycoNet) and sponsored a session at the Lorne Proteomics meeting in Victoria. In 2023, AGS sent two members to the Gordon Glycobiology Conference to promote AGS, and approximately ten members to both the Glyco26 meeting in Taiwan and the Society for Glycobiology (SfG) conference in Hawaii, where AGS also sponsored a session. AGS continues to foster global engagement through initiatives such as a joint webinar with the European Glycoscience Community, scheduled for April 2024.

International Activities

The Australian Glycoscience Society (AGS) was proud to be a supporter and sponsor of the 5th Australasian Glycoscience Symposium, which will be held at the Wharewaka Function Centre in Wellington from August 27 to 30, 2024. With the theme Chemistry meets Biology, this symposium aims to explore the dynamic interface between glycochemistry and glycobiology. By bringing together researchers from diverse areas of glycoscience, the aim of the event was to foster collaboration and dr ive research advancements in the field.

Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Full Time029
Part Time00
Casual10
Volunteers728
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.0.102.51
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.7000%5043%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$78,520$91,589

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Reporting on related party transactions is not required for small charities.

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2024

Lodgement was submitted on time.

Reporting Requirements for a Small Charity (Annual revenue under $500,000)

Small charities must submit an Annual Information Statement (AIS) but are not required to submit a full financial report. This means they do not have to provide a detailed breakdown of assets and liabilities or submit audited financial statements, though they must keep financial records.

CategoryCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Australian Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$-3,867$1,817
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$64,032$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$20,417$79,127
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $0 $12,204
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $0 $28,744
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $6,407 $17,922
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $790 $7,090
Other RevenueIncome from any other sources that don't fit into the main categories. $12,412 $7,559
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $808 $5,607
Total Gross IncomeTotal Revenue plus Other Income. It represents the total income before any expenses are deducted. $20,417 $79,127
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$24,284$77,310
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $7,852 $19,898
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $15,394 $14,184
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $0 $3,352
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $1,038 $39,876
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$64,032$635,767
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$0$69,335

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