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The Otis Foundation

Charity detailed scoring and metrics

Transparency
This charity is up-to-date on the ACNC, and has financial reports available. It has recent annual reports available on its website but not historic ones. It has a privacy policy available.
Finances
This charity has more assets than liabilities, and has asset coverage of 46 months of expenses. It has made 5 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

To support people who are seeking respite, psychological healing and time-out at an OTIS Retreat. The Otis Foundation is hope, whether this is a stay to look forward to, an opportunity to help others or the feeling of belonging to a bigger family Otis provides free retreat accommodation to anyone dealing with the challenges of breast cancer throughout Australia. To have time away from the stresses in their lives. Sadly, The Otis Foundation can t cure, or prevent, breast cancer. What we can do, however, is provide support and relief to those who are living with the psychological, physical and practical challenges it brings at no cost at a time when it s needed most. The OTIS gift has often been a pivotal turning point with guests returning from their retreat refreshed and recharged. The respite from the challenges and stress of living with cancer assists guests to leave feeling energised and better prepared to face the challenges that lie ahead. OTIS is unique in that it is the only national organisation that is able to provide the gift of time and space, in an environment that lets the guest relax, reconnect and heal with family, friends and supporters. I think guests feel very loved, to think that someone believes they deserve to have this stay at their home.

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: 2023-11-24
Charity website information last updated: 2024-01-20
Charity information updated by charity: No