The Prisoners Aid Association of NSW (Inc) has released its Statement of Income and Expenditure for the 2014/15 financial year, comparing results to 2013/14. Despite a notable drop in core funding from the Department of Justice, the organization still managed to increase its overall surplus.
Income
- Total Income: Fell from $424,225 in 2013/14 to $304,870 in 2014/15.
- Department of Justice – Corrective Services NSW funding declined significantly from $402,012 to $284,059.
- Donations and subscriptions dipped from $19,513 to $16,981.
- A profit on the sale of capital items ($1,031) helped offset some lost revenue.
Expenses
- Total Expenses: Decreased substantially from $409,395 in 2013/14 to $280,727 in 2014/15.
- Salaries declined from $219,503 to $118,674.
- Motor vehicle expenses dropped from $22,251 to $12,727.
- New savings also appeared in general expenses and employee costs.
- Client Assistance: Down from $4,621 to $1,459, possibly reflecting a shift in service delivery or the timing of client needs.
Bottom Line
- Operating Surplus: Increased from $14,830 to $24,143, despite lower overall revenue.
By effectively managing expenses—especially in salaries and operational costs—Prisoners Aid NSW ended 2014/15 with a stronger surplus. These savings helped counterbalance the reduction in major funding, positioning the organization to continue its mission of supporting individuals who are transitioning out of the justice system.
