Financial summary

YFS turnover grew by 13.2% in the year ended 30 June 2018 – a very positive result given the highly dynamic environment and competitive environment in which we operate.

Click here to read our 2017-18 financial statements

YFS was successful in obtaining funding for three new programs in 2017-2018 - Scenic Rim Financial Counselling, Assessment and Service Connect and Functional Family Therapy - Child Welfare from the Queensland Government, contributing a total of $602,851 to our income.

These three new programs will continue to contribute approximately $1,800,000 to our income in the next financial year. This is important to the organisation’s sustainability given YFS will no longer be providing disability services for people eligible for the  National Disability Insurance Scheme once the scheme’s rollout is completed.

YFS received a generous donation of $100,000 to support our Peer Educator program – R4Respect. 

Our Social Enterprise had some significant growth with income increasing by 17.8%, largely driven by the development and delivery of flood monitoring signs for local councils.

YFS continues to be in a very strong financial position with our Asset to Liability Ratio at 4.88 times and a Current Ratio of 2.67 times.

Our Capital Expenditure went towards setting up a new Jimboomba office to expand our geographic footprint and enable more clients to access our services.  We also added 10 new vehicles to our fleet to support the three new programs and invested in new ICT infrastructure to position us well to continue to provide innovative, high quality services to our community.

Income comparison

Income 2017-18

Qld State Government
56.1%
Australian Government
28.6%
Interest recieved
Interest recieved 0.9%
Rents from housing
2.2%
Fee for service
1.2%
Other
9.7%
Work for dole contracts
1.4%

Income 2016-17

Qld State Government
56.2%
Australian Government
26.38%
Interest recieved
Interest recieved 0.92%
Rents from housing
2.93%
Fee for service
1.43%
Other
10.75%
Work for dole contracts
1.38%

Income 2015-16

Qld State Government
57.07%
Australian Government
25.96%
Interest recieved
Interest recieved 1.07%
Rents from housing
3.16%
Fee for service
1.71%
Other
9.12%
Work for dole contracts
1.91%

Expenditure comparison

Expenditure breakdown 2017-18

Client contact
79.2%
Client housing and property
5.9%
Corporate and related admin expenses
Interest recieved 8.5%
Overheads (depreciation and property)
6.4%

Expenditure breakdown 2016-17

Client contact
77.27%
Client housing and property
7.87%
Corporate and related admin expenses
Interest recieved 8.42%
Overheads (depreciation and property)
6.43%

Expenditure breakdown 2015-16

Client contact
77.6%
Client housing and property
8.21%
Corporate and related admin expenses
Interest recieved 8%
Overheads (depreciation and property)
6.18%

Thanks to our supporters, sponsors and funding bodies.

Funding partners 2017-18

  • Australian Government Department of Social Service
  • Australian Government Department of Jobs and Small Business
  • Queensland Department of Child Safety, Youth and Women
  • Queensland Department of Communities, Disability Services and Seniors 
  • Queensland Department of Housing and Public Works
  • Queensland Department of Employment, Small Business and Training 
  • Queensland Department of State Development, Manufacturing, Infrastructure and Planning
  • Queensland Department of Justice and Attorney General and the Commonwealth Community Legal Centres Program
  • Queensland Department of Innovation, Tourism Industry Development and the Commonwealth Games
  • Logan City Council
  • AGL
  • Mater Health Services
  • Tenants Queensland
  • Queensland Community Foundation
  • Alcohol and Drug Foundation
  • Catholic Religious Australia Queensland – Presentation Sisters
  • Maurice Blackburn Lawyers