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Bobby Goldsmith Foundation

Charity detailed scoring and metrics

Transparency
This charity is up-to-date on the ACNC, and has financial reports available. It does not have annual reports available on its website. It does not have a privacy policy available.
Finances
This charity has more assets than liabilities, and has asset coverage of 24 months of expenses. It has made 3 losses in the last five years.
Outcomes
This charity has not yet added outcomes
This charity is yet to add outcomes or an outcome measurement methodology to the ChangePath platform.
Contents
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About this organisation

Summary of activities

Bobby Goldsmith Foundation (BGF) is Australia's oldest community based HIV organisation providing client services and support programs in NSW and SA. Established in 1984, we provide psychosocial, practical and targeted financial support to people living with HIV. From diagnosis onwards, BGF provides a range of targeted programs and services for all people living with HIV in NSW and South Australia. We work with individuals to limit the impact of social isolation and exclusion, economic poverty, and stigma and discrimination that is detrimental to physical, emotional and psychological wellbeing. In particular, we support individuals that are managing multiple personal & life stressors, as well as chronic illness to improve quality of life and increase resilience. We are adaptive to the changing needs of the people we support, to ensure our services remain relevant and accessible to everyone, regardless of their sexual orientation, gender identity or cultural and linguistic background. To ensure that we continue to be an effective and sustainable organisation, we have a diverse range of funding streams including grants from the NSW Ministry of Health, corporate partnerships, Trusts & Foundations, fundraising appeals, donations from regular and major donors, regular annual fundraising events.

Outcomes

Outcomes are self-reported by charities

This charity is yet to add outcomes or an outcomes measurement methodology to ChangePath.

Programs and activities

Finances

What is this?

This graph shows how much revenue (money in) and expenses (money out) the charity has had each year over the last few years. Charities have many sources of revenue, such as donations, government grants, and services they sell to the public. Similarly, expenses are everything that allows the charity to run, from paying staff to rent.

What should I be looking for?

First off, this graph gives a general indication of how big the charity is - charities range in size from tiny (budgets of less than $100,000) to enormous (budgets more than $100 million). You're also looking for variability - if the charity's revenue and expenses are jumping up and down from year to year, make sure there's a good reason for it.

Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want revenue to be slightly above expenses. If expenses is reliably above revenue, the charity is losing money. If revenue is much larger than expenses, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.

Transparency

Scoring detail

Details

Charity ACNC information last updated: 2024-01-31
Charity website information last updated: 2024-01-29
Charity information updated by charity: No