During the year YFS' income declined by around 8.6% compared to the previous year and expenditure decreased by approximately 5.4% for the same period.
Meanwhile YFS maintains a strong financial position with its current ratio strengthening
to 2.69 times (from 2.55 times) and equity ratio showing a small improvement from 84% to 85%.
This places YFS in a sound position to maintain high quality client services to the Logan and surrounding communities while dealing with the evolving regulatory environment.
Income 2014-2015
Expenditure breakdown 2014-2015
Equity ratio
YFS is funded by the Australian Government and the Queensland Government.
YFS acknowledges Aboriginal and Torres Strait Islander people are
Australia's First Peoples and the traditional owners and custodians of the
land on which we meet and work.
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