Kororareka Charitable Trust — Education Charity in Opua

Kororareka Charitable Trust is a Incorporated Society charity in the Education sector, based in Opua, Opua. This organisation also provides funding to other charities. CharityData rates this charity B (79/100). Annual revenue: $0.1M NZD. Financial data as at August 2025.

Mission: To render financial aid to the sick, aged, infirm, disabled and poor in Northland but mainly in the Russell, Opua, Paihia and Kawakawa area. To support training and education, particularly for the young and "at risk". To co operate with other organisations with similar objectives.

Registration Number
CC26302
Charity Type
Incorporated Society
Registration Date
2008-06-21
Status
Active
CharityData Rating
B (79/100)
Sector
Education
Location
Opua, Opua
Email
malcolmsherrard@gmail.com
Funder Status
Grant-making charity (charitable_trust)
Data as at
August 2025

Beneficiaries: Children / young people, General public, Older people, People with disabilities, Voluntary bodies other than charities

Financial Summary

Total Revenue
$0.1M NZD
Total Expenses
$0.1M NZD
Total Assets
$0.9M NZD
Net Assets
$0.7M NZD
Reserve Months
0.0 months of operating expenses
Volunteers
0
Financial Year End
2025-08-31

Financial History

YearRevenueExpensesNet Assets
2025$0.1M$0.1M$0.7M
2024$0.1M$0.1M$-0.0M
2023$0.0M$0.0M$0.7M
2022$0.1M$0.0M$0.7M
2021$0.1M$0.0M$0.8M
2020$0.0M$0.0M$0.7M
2019$0.1M$0.0M$0.7M
2018$0.1M$0.0M$0.6M
2017$0.0M$0.0M$0.6M
2016$0.1M$0.0M$0.5M

CharityData Rating

Overall Grade
B
Overall Score
79/100
Financial Score
85
Governance Score
65
Transparency Score
65
Program Spending Ratio
0.8%

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Alastair MitchelTrustee2021-12-16
Bryan WiigTrustee2018-09-12
Colin GaneTrustee2018-09-12
Craig NelsonTrustee2018-09-12
Malcolm SherrardSecretary/treasurer2008-06-22

Former Officers (7)

  • Christain Eru — Trustee (departed 2018-09-12)
  • William Noble — Trustee (departed 2018-09-12)
  • Malcolm Sinclair — Trustee (departed 2022-11-16)
  • Otto Suri — Trustee (departed 2018-09-12)
  • Ian Johnston — Trustee (departed 2014-06-05)
  • Paul Eggleton — Trustee (departed 2016-03-10)
  • Robert Aukett — Chair (departed 2013-03-07)

Similar Charities in Education

FunderEducationIncorporated SocietyCharitable Trust

Kororareka Charitable Trust

CC26302Opua, OpuaRegistered 21 Jun 2008
Data updated: 2 days ago
Financials31 Aug 2025Rating3d ago

Financial data as at August 2025. Sourced from Charities Services register.

B
79/100
Financial
85
Governance
65
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.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 5. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.

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

$75.8K

Expenses

$55.7K

Assets

$928.3K

Financial data from Charities Services annual return (FY2025). 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.

Funder Profile

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
EducationArts & CultureCommunity Development
Beneficiaries
ElderlyPeople with Disabilities
Geographic Focus
Northland

About

Mission

To render financial aid to the sick, aged, infirm, disabled and poor in Northland but mainly in the Russell, Opua, Paihia and Kawakawa area. To support training and education, particularly for the young and "at risk". To co operate with other organisations with similar objectives.

Who We Serve

Beneficiaries
Children / young peopleGeneral publicOlder peoplePeople with disabilitiesVoluntary bodies other than charities

Key Statistics

Annual Revenue
$75.8K
Total Expenses
$55.7K
Net Assets
$737.8K
Volunteers
0

Financial Trends

Financial Trends (17 Years)

Revenue Breakdown

Expense Breakdown

Verified

Financial Health Dashboard

Cents to the Cause
83c
For every $1 spent, 83c reaches programs
Strong
Sustainability
0mo
Could operate 0 months with zero revenue
Critical
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

48
Score /100
Concentrated
HHI: 5,242
Other61.0%
Investment Income39.0%

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

Peer Comparison

Ranked against 289 peers · Education · Under $100K

Rating Score
79
#6/290
Revenue
$76K
#18/290
Reserve Months
0.0
#1/290
Surplus
$20K
#18/290
Staff Cost %
0%
#1/290

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

Rating

B
Score: 79/100
Financial
85
Governance
65
Transparency
65
Why this grade: Financial 85 × 40% + Governance 65 × 60% = 73 → B.
View Full Score Breakdown

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Latest Audit

FY2024
Clean
5 years of audit history

Contact Details

Address
Opua, Opua

Registration

Registration NumberCC26302
Entity TypeIncorporated Society
Registered21 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated12 Nov 1997
Registered office
C/- Poutsma Ardern & Partners Chartered Accountants Williams Road Paihia, Paihia
Differs from Charities Register address (12 Franklin Street, Opua, 200, Opua, Opua). May be stale on either register — verify with the charity if material.

Sector & Activities

Primary Sector
Education
Activities
Makes grants to organisations (including schools or other charities)Provides advice / information / advocacy

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: 4 October 2026.