Marine and Specialised Technologies Academy of New Zealand Limited — Education Charity in Auckland
Marine and Specialised Technologies Academy of New Zealand Limited is a Trust charity in the Education sector, based in Auckland, Auckland. This organisation also provides funding to other charities. CharityData rates this charity C- (59.6/100). Annual revenue: $4.9M NZD. 1 red flag detected. Financial data as at December 2024.
Mission: The promotion and advancement which industries include without limitation all activities associated with the manufacturing, building, repairing, refit of all types of education and training programmes and schemes for the benefit of apprentices, trainees, students, and other persons in relation to all aspects of the marine and composites industries and associated allied trades in New Zealand.
- Registration Number
- CC58968
- Charity Type
- Trust
- Registration Date
- 2021-05-17
- Status
- Active
- CharityData Rating
- C- (59.6/100)
- Sector
- Education
- Location
- Auckland, Auckland
- chris.vanderhor@mastacademy.com
- Funder Status
- Grant-making charity (company)
- Data as at
- December 2024
Financial Summary
- Total Revenue
- $4.9M NZD
- Total Expenses
- $3.7M NZD
- Total Assets
- $5.1M NZD
- Net Assets
- $4.5M NZD
- Reserve Months
- 14.8 months of operating expenses
- Staff Count
- 25
- Volunteers
- 0
- Financial Year End
- 2024-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $4.9M | $3.7M | $4.5M |
| 2023 | $4.8M | $0.4M | $2.5M |
| 2022 | $3.3M | $2.3M | $1.0M |
| 2021 | $1.2M | $0.8M | $0.1M |
CharityData Rating
- Overall Grade
- C-
- Overall Score
- 59.6/100
- Financial Score
- 85.8
- Governance Score
- 65
- Transparency Score
- 65
Red Flags
- Does not publicly disclose executive compensation despite receiving significant public funding
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Leadership Team (aggregate) | Key Management Personnel | $458,133 | 2024 |
| Members of the governing body (aggregate) | Board/Trustee Members | $32,750 | 2024 |
Service Providers
- William Buck
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Marine and Specialised Technologies Academy of New Zealand Limited
CC58968Auckland, AucklandRegistered 17 May 2021
Data updated: Today
Financials31 Dec 2024Rating20h ago
Financial data as at December 2024. Sourced from Charities Services register.
C-
60/100
Reduced by penalties
Financial
86
Governance
65
Transparency
65
Revenue
$4.9M
Expenses
$3.7M
Assets
$5.1M
Staff
25
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.0 methodology.
1 red flag identified- Review the Rating tab for details
Funder Profile
GrantmakerThis organisation makes grants or donations to other charities and organisations.
Funding Sectors
Education
Beneficiaries
General Public
Geographic Focus
Nationwide
About
Mission
The promotion and advancement which industries include without limitation all activities associated with the manufacturing, building, repairing, refit of all types of education and training programmes and schemes for the benefit of apprentices, trainees, students, and other persons in relation to all aspects of the marine and composites industries and associated allied trades in New Zealand.
Key Statistics
Annual Revenue
$4.9M
Total Expenses
$3.7M
Net Assets
$4.5M
Staff
25
employees
Volunteers
0
Financial Trends
Financial Trends (4 Years)
Revenue Breakdown
Expense Breakdown
API DataBased 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
13.9mo
Could operate 13.9 months with zero revenue
Healthy
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
27
Score /100
Highly Concentrated
HHI: 7,338
High Concentration: 85% of revenue from Government Grants
Government Grants84.9%
Other10.4%
Investment Income4.7%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 29 peers · Education · $1M – $10M
Rating Score
60
Revenue
$4.9M
Reserve Months
14.8
Surplus
$1.2M
Staff Cost %
51%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
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Claim This ProfileLatest Audit
FY2024Clean
Auditor
William BuckContact Details
Address
Auckland, Auckland
Registration
Registration NumberCC58968
Entity TypeTrust
Registered17 May 2021
StatusRegistered
Sector & Activities
Primary Sector
EducationData 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@nzxplorer.co.nz. For informational purposes only. Not investment advice. Last updated: 16 April 2026.
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