OOXii Foundation Ltd

Donation Funded iconThis charity receives a significant portion of its funding (specifically, more than 30% of its total revenue) directly from donations and bequests. This indicates that public contributions are a crucial financial lifeline for their mission.Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!Tax Deductible iconThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
ABN:
81 633 577 787
Location:
Maroubra, 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:
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:
Tax DeductibleThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
We continued development and refinement of the vision testing kit that is the core element of the service delivery at the heart of our charitable mission. We continued development of the app which facilitates the operational aspects of the incommunity solution as well as providing tracking, data and inventory management. We continued to design trials for further pilots of the 4eyesvision kits, with a significant trial being conducted in PNG in March 2023. All activities undertaken this year seek to strengthen the end to end delivery system and plan for larger scale pilots of the 4eyesvision kit which in turn supports the charity’s aims of delivering affordable and accessible glasses to all.

International Activities

4eyesVision Foundation worked in partnership with the Kokoda Track Foundation to plan and undertake pilots withe 4eyes Vision testing kits and training local community health workers in Port Moresby, Kokoda and Sanananda villages. An end to end protocol for pilots was developed with the help of EMC Global, which was designed to service the needs of under-privileged Indigenous communities in remote locations. A total of 276 participants were recruited and 247 received vision correction glasses. Kokoda Track Foundation has now signalled its intention to markedly expand their working partnership with 4eyes Vision Foundation to reach out to thousands of needy PNG citizens in remote and under-developed communities in the next 2-3 years. in 2023, 4eyes Vision Foundation has been in contact with eye care professionals from Mongolia, Timor-Leste and the Solomon Islands with the medium term goal of undertaking new or additional pilots in their disadvantaged communities

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 Time035
Part Time00
Casual20
Volunteers827
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.0.602.16
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.1333%5057%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$25,392$81,231

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 2023

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.$-42,030$1,821
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.$28,691$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$2,791$79,129
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). $2,783 $28,746
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $17,922
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $0 $7,090
Other RevenueIncome from any other sources that don't fit into the main categories. $8 $7,559
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $5,607
Total Gross IncomeTotal Revenue plus Other Income. It represents the total income before any expenses are deducted. $2,791 $79,129
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$44,821$77,309
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $15,235 $19,898
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $0 $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. $29,586 $39,874
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$32,971$635,756
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$4,280$69,335