Stepahead Australia 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.
Website:
www.stepahead.org.au
ABN:
15 130 364 019
Location:
Traralgon, VIC
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.
Registration Status:
Voluntarily Revoked No Longer Operating
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.
For the 2023/2024 project financial year we have continued our efforts in the following areas: Working in collaboration with international biotech and clinical research partners, Melbournebased investigators supported by our charity have been researching the benefits of infusing a naturally occurring protein called Decorin for treatment of traumatic spinal cord injury. As previously reported for the 2022/2023 project financial years, we have continued working with the Melbournebased Spinal Cord Injury Research (SCIR) team in supporting the clinical development and translation of Decorin from the laboratory to use in humans. As reported at the very end of the 2022/2023 project financial year, the pharmaceutical grade human recombinant Decorin protein (HrDecorin) originally developed by the SCIR team and USbased biotech partners has passed all necessary safety testing required for FDA IND (Investigational New Drug) approval for use in humans. This financial year the USbased biotech partners were awarded $3 million USD in funding from the US Department of Defense to support manufacturing of hrDecorin for clinical trials. The SCIR team have been working with USbased biotech partners to secure funding for human clinical trials with HrDecorin. A challenge is the considerable expense of conducting neurological disorder clinical trials compared to most other health disorders. Fortunately, in addition to treating spinal cord injuries and other neurological disorders, HrDecorin also has applications for treating burns and skin disorders such as Dystrophic Epidermolysis Bullosa. Notably a $1.2 million dollar LifeArc grant for a first in human trial for treatment of DEB with HrDecorin has recently been secured by UKbased clinical partners. This is a further vitally important step that will demonstrate safety and efficacy of HrDecorin in humans and accelerate the approval of pharmaceutical grade HrDecorin for treating neurological disorders in Australia. Also as previously reported, the SCIR team has continued to build a collaboration with a Sydneybased company called Isodynamics Reviver Corporation that is focused on conducting clinical trials to determine the optimum means of combining exercise rehab with HrDecorin infusion treatment to further enhance recovery of neurological function after traumatic spinal cord injury. The activities of our charity have therefore continued to focus on supporting clinically relevant scientific research that has a clear path to clinical trials for neurological disorders in humans.

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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
Casual10
Volunteers027
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.0.002.16
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.0%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.$0$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 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.$48,034$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.$123,039$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$75,000$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). $75,000 $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. $0 $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. $75,000 $79,129
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$26,966$77,309
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $1,792 $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. $25,174 $39,874
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$123,123$635,756
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$84$69,335