Forum North Trust 2013 — Education Charity in Whangarei

Forum North Trust 2013 is a Trust charity in the Education sector, based in Whangarei, Whangarei. CharityData rates this charity C+ (68/100). Annual revenue: $1.1M NZD. Financial data as at March 2024.

Mission: To effect and assist in the funding and construction of a new 850 plus seat theatre with fly tower for Whangarei to compliment the existing facilities at Forum North, namely the Capitaine Bougainville Theatre, Te Kotahitanga Exhibition Hall, Bounty Room and Cafler Suite. To encourage, support and promote Artistic, cultural, educational, intellectual, physical, social, recreational, charitable and religious activities in the Facilities. To foster and provide opportunities for the participation and enjoyment of the public in the Facilities.

Registration Number
CC57201
Charity Type
Trust
Registration Date
2019-10-29
Status
Active
CharityData Rating
C+ (68/100)
Sector
Education
Location
Whangarei, Whangarei
Website
https://forumnorthtrust.org.nz
Email
alan.p.dino@xtra.co.nz
Data as at
March 2024

Beneficiaries: General public

Financial Summary

Total Revenue
$1.1M NZD
Total Expenses
$0.0M NZD
Total Assets
$2.3M NZD
Net Assets
$1.1M NZD
Reserve Months
63.1 months of operating expenses
Volunteers
10
Financial Year End
2024-03-31

Financial History

YearRevenueExpensesNet Assets
2024$1.1M$0.0M$1.1M
2023$0.0M$0.0M-
2022$0.0M$0.0M-
2021$0.0M$0.0M-
2020$0.0M-$0.0M

CharityData Rating

Overall Grade
C+
Overall Score
68/100
Financial Score
65
Governance Score
75
Transparency Score
65
Program Spending Ratio
0.4%

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Jeremy KloetTreasurer2023-05-28
Alan PalmerSecretary2022-09-23
Lachlan McLeanChair2021-07-31
Terence O'ConnorVice Chair2021-07-31
Grant StevensTrustee2019-11-26

Former Officers (9)

  • Sandra McKersey — Trustee (departed 2023-07-25)
  • Luke Bird — Trustee (departed 2024-12-31)
  • Kawiti Waetford — Trustee (departed 2021-07-15)
  • Cherry Hermon — Trustee (departed 2024-03-31)
  • Andrea Ross — Trustee (departed 2021-10-13)
  • Calvin Green — Trustee-and-Co-Chairperson (departed 2020-12-02)
  • Ian Pritchard — Trustee (departed 2022-07-28)
  • Rosalyn Martin — Trustee-and-Co-Chairperson (departed 2020-12-02)
  • Ian Reeves — Trustee and Secretary (departed 2021-07-21)

Funding Sources

  • Oxford Sports Trust — $4,000
  • Pub Charity Limited — $3,527

Similar Charities in Education

Forum North Trust 2013 logo
EducationTrust

Forum North Trust 2013

CC57201Whangarei, WhangareiRegistered 29 Oct 2019
Data updated: 3 days ago
Financials31 Mar 2024Rating3d ago

Financial data as at March 2024. Sourced from Charities Services register.

C+
68/100
Financial
65
Governance
75
Transparency
65

Reasons to look carefully (1)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • Current annual return overdue
    The newest annual return we hold is 30 months old — a more recent return may already be on the Charities Services register

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$1.1M

Expenses

$5.8K

Assets

$2.3M

Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

About

Mission

To effect and assist in the funding and construction of a new 850 plus seat theatre with fly tower for Whangarei to compliment the existing facilities at Forum North, namely the Capitaine Bougainville Theatre, Te Kotahitanga Exhibition Hall, Bounty Room and Cafler Suite. To encourage, support and promote Artistic, cultural, educational, intellectual, physical, social, recreational, charitable and religious activities in the Facilities. To foster and provide opportunities for the participation and enjoyment of the public in the Facilities.

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$1.1M
Total Expenses
$5.8K
Net Assets
$1.1M
Volunteers
10

Financial Trends

Financial Trends (5 Years)

Revenue Breakdown

Expense Breakdown

Verified

Financial Health Dashboard

Cents to the Cause
36c
For every $1 spent, 36c reaches programs
Needs attention
Sustainability
63.1mo
Could operate 63.1 months with zero revenue
Over-capitalized
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

4
Score /100
Highly Concentrated
HHI: 9,568
High Concentration: 98% of revenue from Donations
Donations97.8%
Other1.6%
Investment Income0.6%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 37 peers · Education · $1M – $10M

Rating Score
68
#18/38
Revenue
$1.1M
#34/38
Reserve Months
63.1
#1/38
Surplus
$1.1M
#3/38
Staff Cost %
0%
#1/38

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

C+
Score: 68/100
Financial
65
Governance
75
Transparency
65
Why this grade: Financial 65 × 40% + Governance 75 × 60% = 71 → 68 after red-flag penalties → C+.
View Full Score Breakdown

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Contact Details

Registration

Registration NumberCC57201
Entity TypeTrust
Registered29 Oct 2019
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated30 Aug 2013
Registered office
C/-Henderson Reeves Connell Rishworth Lawyers Ltd 96 Bank Street Whangarei, Whangarei

Sector & Activities

Primary Sector
Education
Activities
Provides buildings / facilities / open space

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 29 September 2026.