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 (63/100). Annual revenue: $3.9M NZD. 1 red flag detected. Financial data as at December 2025.

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 (63/100)
Sector
Education
Location
Auckland, Auckland
Email
chris.vanderhor@mastacademy.com
Funder Status
Grant-making charity (company)
Data as at
December 2025

Beneficiaries: Other - All

Financial Summary

Total Revenue
$3.9M NZD
Total Expenses
$3.4M NZD
Total Assets
$6.1M NZD
Net Assets
$5.1M NZD
Reserve Months
19.6 months of operating expenses
Staff Count
20
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$3.9M$3.4M$5.1M
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
63/100
Financial Score
69.3
Governance Score
65
Transparency Score
85

Red Flags

  • Holding 19.6 months of expenses in reserves ($5.1M) — above the 18-month threshold (within 12 months of threshold). On its own, holding high reserves cannot take a CharityData grade below C, so this grade was held at that level

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Tupara MorrisonDirector2024-04-08
Joshua WilliamsDirector2023-12-07
Susan LakeDirector2020-11-04
Thomas HoneyDirector2020-11-04
David GlenDirector2020-11-04

Former Officers (1)

  • Tracey Stevenson — Director (departed 2026-03-27)

Executive Compensation

NameRoleCompensationYear
Leadership Team (aggregate)Key Management Personnel$458,1332024
Members of the governing body (aggregate)Board/Trustee Members$32,7502024

Service Providers

  • William Buck

Similar Charities in Education

FunderEducationTrustCompany

Marine and Specialised Technologies Academy of New Zealand Limited

CC58968Auckland, AucklandRegistered 17 May 2021
Data updated: 5 days ago
Financials9mo agoRating4d ago

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

C
63/100
Financial
69
Governance
65
Transparency
85

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

$3.9M

Expenses

$3.4M

Assets

$6.1M

Staff

20

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

1 red flag identified- Review the Rating tab for details

Funder Profile

Grantmaker

This 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.

Who We Serve

Beneficiaries
Other - All

Key Statistics

Annual Revenue
$3.9M
Total Expenses
$3.4M
Net Assets
$5.1M
Staff
20
employees

Financial Trends

Financial Trends (5 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
19.6mo
Could operate 19.6 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

36
Score /100
Concentrated
HHI: 6,362
Government Grants77.7%
Other17.3%
Investment Income5.0%

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

Peer Comparison

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

Rating Score
63
#21/38
Revenue
$3.9M
#8/38
Reserve Months
19.6
#1/38
Surplus
$550K
#7/38
Staff Cost %
58%
#38/38

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

Rating History

C
2025
Score: 63.0
Financial: 69 | Governance: 65 | Transparency: 85
Current
F
2024
Score: 22.1
Financial: 79 | Governance: 55 | Transparency: 65

Rating

C
Score: 63/100
Financial
69.3
Governance
65
Transparency
85
Why this grade: Financial 69 × 40% + Governance 65 × 60% = 67 → 63 after red-flag penalties → C.
View Full Score Breakdown

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Latest Audit

FY2025
Clean
5 years of audit history

Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC58968
Entity TypeTrust
Registered17 May 2021
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Incorporated4 Nov 2020
Company #8137259
Registered office
85 Westhaven Drive, Saint Marys Bay, Auckland, 1011

Sector & Activities

Primary Sector
Education
Activities
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: 30 September 2026.