Foster Our Future Limited — Education Charity in Auckland

Foster Our Future Limited is a deregistered registered charity in the Education sector, based in Auckland, Auckland. Annual revenue: $0.2M NZD. Financial data as at March 2022.

Mission: The purpose of the Company is to educate and train young people, particularly in low socio-economic positions, facilitating their personal development through innovative and sustainable means in order to develop self-sustainable learners, future leaders and professionals in the community

Registration Number
CC52905
Registration Date
2016-02-03
Status
Deregistered (2023-05-31)
Sector
Education
Location
Auckland, Auckland
Email
justin@fosterourfuture.co.nz
Data as at
March 2022

Beneficiaries: Children / young people, People of a certain ethnic / racial origin

Financial Summary

Total Revenue
$0.2M NZD
Total Expenses
$0.2M NZD
Total Assets
$0.2M NZD
Net Assets
$0.2M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
6
Volunteers
0
Financial Year End
2022-03-31

Financial History

YearRevenueExpensesNet Assets
2022$0.2M$0.2M$0.2M
2021$0.5M$0.4M$0.2M
2020$0.3M$0.3M$0.1M
2019$0.2M$0.1M$0.2M
2018$0.1M$0.1M-
2017$0.0M$0.0M$0.0M
2016$0.0M$0.0M$-0.0M

Board Members and Officers

Current Officers (3)

NameRoleAppointed
Justin SungManaging Director2015-12-30
Jae Hyun JeongOperations Director2015-12-30
Jin XuResearch Director2015-12-30

Former Officers (2)

  • Jason Yang — Business Manager (departed 2019-02-01)
  • Sally Sung — Treasurer (departed 2016-01-01)

Similar Charities in Education

EducationDeregistered

Foster Our Future Limited

CC52905Auckland, AucklandRegistered 3 Feb 2016
Data updated: Today
Financials31 Mar 2022Ratingyesterday

Financial data as at March 2022. Sourced from Charities Services register.

DR
Deregistered — Deregistered from the Charities Services register

This charity has been removed from the Charities Services register and is no longer obliged to file annual returns. Because the charity is no longer active under the Charities Act, the standard rating is withheld. The figures shown above reflect the last filings made while the charity was registered.

How ratings work →
Revenue

$212.4K

Expenses

$243.3K

Assets

$207.3K

Staff

6

Financial data from Charities Services annual return (FY2022). Ratings calculated using CharityData v3.1.1 methodology.

About

Mission

The purpose of the Company is to educate and train young people, particularly in low socio-economic positions, facilitating their personal development through innovative and sustainable means in order to develop self-sustainable learners, future leaders and professionals in the community

Who We Serve

Beneficiaries
Children / young peoplePeople of a certain ethnic / racial origin

Key Statistics

Annual Revenue
$212.4K
Total Expenses
$243.3K
Net Assets
$198.5K
Staff
6
employees
Volunteers
0

Financial Trends

Financial Trends (7 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
5.5mo
Could operate 5.5 months with zero revenue
Low reserves
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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%
Investment Income0.0%

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

Peer Comparison

Ranked against 130 peers · Education · $100K – $1M

Rating Score
0
#34/131
Revenue
$212K
#86/131
Reserve Months
0.0
#1/131
Surplus
$-31K
#113/131
Staff Cost %
0%
#1/131

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

Rating

Score: /100
Financial
0
Governance
0
Transparency
0
View Full Score Breakdown

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Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC52905
Registered3 Feb 2016
StatusDeregistered
Deregistered31 May 2023

Sector & Activities

Primary Sector
Education
Activities
Provides advice / information / advocacyProvides services (e.g. care / counselling)

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: 2 October 2026.