BAREFOOT CONSERVATION LIMITED
Barefoot Conservation is a not-for-profit organisation in the stunning Raja Ampat, Indonesia. Their mission is to apply the skillset of volunteers to aid the community, scientific research, and preservation of the world's most bio-diverse region. In turn, trip-makers gain practical experience and the reward of making a significant difference to the island. They're returning to Crowd2Fund to raise money for building a second basecamp on Komodo Island, which their last raise enabled them to secure, and to renovate their liveaboard boat.
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For more information on the business, please login and ask them a question directly.Sign In to AskA. Hi Prateek, As a not for profit, it means the majority of our profits go back in to the community programmes, science research and conservation work we do. With some profit held back for emergency funds, cash flow, expansion growth etc.. The majority of the 9% profit margin in 2018 will and has gone towards our community & conservation programmes, and science research for 2019. We are different to a Non Profit, where that kind of organisation makes no profits at all.
A. Hi Paul, Thank you very much for investing in our last opportunity and I am sorry you did not receive your free t-shirt.
If you could please send your contact details to our operations team via email: operations@barefootconservation.org
Then we can arrange to send you one.
Kind Regards
Simon
A. Hi Jonathan, thank you for your kind words.
Admin expenses are made up of items like project land rental, basecamp & community project expenses (fuel, food, local staff wages, maintenance/repairs & funds for the various community projects we run, like education, so school books/supplies for the kids, waste management so bins, recycling, correct waste disposal, educational materials etc..). Then other items like insurance, accountant fees, travel costs, advertising, depreciation of assets etc.
A. Hi Mohammed, In 2018 we purchased a 28m Phinisi liveaboard boat which was in operation for 6 months of our 2018 financial year. This massively increased our tangible assets & increased our revenue/profits, which in turn allowed us to reduce our current liabilities by paying off our creditors. We also had deferred income from 2017 come out of liabilities & in to 2018 net assets. With the setting up of the Komodo baecamp we will again increase our assets & hope to increase revenue/profits further.
A. Thank you for your question Jakob. Our motivation is to expand into & access the mid range market. Currently our 1st project caters to the budget market, while the Komodo project will be higher end accommodation etc to tap into the mid range customer who may shy away from the 1st budget style project. Komodo is also a very fast growing location, where we have already been able to secure beach front land. It is also only a 45 min flight away from Bali, making it a much more accessible location.
A. Thank you Jakob. Our financial year goes from Nov to Oct, and with just being 7.5 months into the current financial year our T/O is already up 50% (£85K), from the same period last year. With 4.5 months left we fully expect the trend to continue as we come into our busiest time of the year for bookings. With this said we expect our T/O to easily pass last years figure (which was our best year to date), and with this expect our profits to increase as well.
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