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Not-for-profits, clubs and member organisations

Indigenous corporation financial model, built free.

A three-statement Excel model for an indigenous land council or corporation, built from your own figures and checked to balance.

  • Free account
  • No card
  • Usually ready within the hour

We use generative AI in parts of our process, so mistakes can occur. Every model should be checked by a person before it is relied on. Read more

The business

A land council, prescribed body corporate or Aboriginal and Torres Strait Islander corporation (or its benefits trust) earning royalty and agreement income from projects on its country, leasing and investment income and government grants, and applying it to member distributions, community programs and a future fund.

See the sampleHow the model works

In short

  • 01

    Three linked statements

    Income statement, balance sheet and cash flow, linked in every period.

  • 02

    Valued two ways

    Discounted cash flow and trading multiples, side by side.

  • 03

    Monthly to annual

    Monthly, quarterly, half-yearly or annual periods, for up to 30 years.

  • 04

    Checked every period

    A Checks sheet shows the balance sheet balances and the cash reconciles.

The sample

The sample, as Excel draws it.

Built by the same system and checks as yours, on illustrative figures: every sheet as Excel draws it, or live.

Annual · 10 years · Low detail
Indigenous corporation sample model.xlsx
The Summary sheet of the sample indigenous corporation model

Illustrative figures: the sample describes no real business. The live preview shows values; your model’s Excel file has every formula.

How it works

How the model works for an indigenous corporation.

  1. How it earns revenue3 formulas
    Grants and restricted funding · All programs
    Closing unspent grantsOpening unspent grantsGrant cash receivedGrant revenueUnspent funds refunded at acquittal
    Rental income · All properties
    Gross rental incomeLettable units or bedsMarket rent per unit per weekWeeks let per yearOccupancy (market-let units)share of the year
    Revenue (top-down) · Across the business
    RevenueUnits soldAverage price
  2. What drives its costs3 formulas
    Program delivery costs · All programs
    Frontline staff costsSalaries at award ratesOn-costs
    Program delivery costs · All programs
    Program delivery costsFrontline staff costsBrokerage and client supportProgram operating costs
    Property operating costs · All properties
    Property operating costsLand area in sqm (hectares × 10000)from property registerOperating cost rateshare of the year
  3. What it invests in3 formulas
    Corporate fixed assets
    Capital expenditureRevenuefrom statementsCapex as % of revenueAdditional planned capex
    Corporate fixed assets
    DepreciationDepreciation of the opening asset baseDepreciation of new capex
    Corporate fixed assets
    Closing net book valueOpening net book valueCapital expenditureDepreciation
  4. How profit becomes cash3 formulas
    Working capital
    Trade receivablesRevenuefrom statementsDebtor daysDays in period
    Working capital
    InventoryDirect costs (positive)from statementsInventory daysDays in period
    Working capital
    Trade payablesCash operating costs (positive)from statementsCreditor daysDays in period
What it covers

14 parts, each one tested.

Every part is a tested building block with its own checks: yours is put together from the ones your business needs.

  • CPI forecastConsensus curve with long-run anchor
  • Revenue (top-down)Price × volume
  • Corporate costsFixed cost base indexed to CPI
  • Working capitalFull working capital
  • Corporate fixed assetsStraight-line over remaining life
  • Discounted cash flow valuationDCF on free cash flow to the firm
  • Multiples valuationEV / EBITDA multiple
  • Reserves policy and restricted fundsFund roll-forwardFund balances by class — restricted, endowment, designated and general (free) reserves — and whether free reserves meet the reserves policy target.
  • Grants and restricted fundingDeferred until deliveredGovernment and philanthropic grants funding a program — recognised under AASB 15 where the agreement is enforceable with sufficiently specific performance obligations (deferred until delivered), otherwise on receipt under AASB 1058 — with unspent funds refunded or rolled over on acquittal.
  • Program delivery costsCaseload × staffing ratio × award ratesDirect cost of delivering a program — frontline staff under the relevant award, client support and brokerage, program premises and travel.
  • Property registerFarm register (hectares, water and improvements)
  • Rental incomeUnits × weekly rent × occupancy
  • Property operating costsOperating costs per sqm
  • Net property income
Key numbers

The numbers it tracks.

  1. 01agreement income by project
  2. 02sustainable distribution level
  3. 03distributions to members
  4. 04future fund value
  5. 05program spend
  6. 06grant dependency
Used for

What it is used for.

Also used for
  • Scenarios and sensitivities
  • Closed-end fund, syndicate or trust
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Every not-for-profit and government model

Looking for an indigenous corporation financial model template? Ours arrives built for your business, with your figures in it.

See a finished model, sheet by sheet

The sample is built on illustrative figures and describes no real business. Models are calculations prepared from the information you provide. They are not financial advice and must be independently verified. See our terms.