Company
Gracious Tech Pty Ltd is a registered non-profit company in Australia.
ACN: 645939591
ABN: 82645939591
Accountability
We are a small company and some of our members work in sensitive ministries and do not wish to be identified.
However, we are also strongly convicted that ministries should have an appropriate level of transparency. As a small company with a low budget, we currently fulfil this in the following ways:
- We hold all members accountable to Scripture’s standards for Christian leaders
- All our apps are open source with complete transparency for what we produce
- We never charge for our apps and are entirely funded through donations
- Basic finance figures are reported each year
Finance
Our developers receive support from both the company and external sources. The company provides stipends to workers when possible, meaning they are compensated for a livelihood, not for an industry-equivalent career. All figures are in AUD.
| Financial year end | Revenue | Expenses | Equity | Largest annual stipend |
|---|---|---|---|---|
| June 2024 | $12,346 | $12,356 | $1,611 | $9,650 |
| June 2023 | $6,969 | $5,191 | $1,543 | $4,000 |
| June 2022 | $11,429 | $11,253 | $172 | $8,400 |
Expenses for last financial year
| Expense | Total |
|---|---|
| Stipends | 87% |
| Fundraising | 0% |
| Admin/equipment/misc | 13% |