The Prisoners Aid Association of NSW (Inc) has released its Statement of Income and Expenditure for the period 1 July 2015 to 30 June 2016, comparing key figures with the previous financial year (2014/15).
Income
- Total Income: Decreased from $304,870 in 2014/15 to $264,793 in 2015/16.
- Department of Justice – Corrective Services NSW funding dropped from $284,059 to $246,055.
- Interest received declined from $2,138 to $1,577.
- Donations and subscriptions remained relatively steady ($16,981 in 2014/15 vs $16,599 in 2015/16).
- No profit on sale of capital items this year (compared to $1,031 in 2014/15).
Expenses
- Total Expenses: Rose from $280,727 in 2014/15 to $288,599 in 2015/16.
- Client Expenses:
- Client Assistance fell from $776 to $323.
- Client Property Return rose from $683 to $1,839.
- Other Expenses:
- Salaries increased significantly from $118,674 to $143,245.
- New costs, such as Ostendo licensing ($11,829) and cloud services ($1,440), contributed to higher operational spending.
- Office relocation ($5,934) was an additional expense this year.
- Rent decreased notably from $83,915 to $49,210, helping offset some of the new costs.
Bottom Line
- Operating Deficit: The Association moved from a surplus of $24,143 in 2014/15 to a deficit of $23,806 in 2015/16.
- Lower total income and increased spending on new systems and office needs were key factors.
Despite the swing to a deficit, Prisoners Aid NSW continues to invest in essential services, such as improved IT infrastructure and operational capabilities, to better support individuals reintegrating into the community. The focus for the coming year will likely be on managing costs while seeking to boost funding and donations.
