Marine and Specialised Technologies Academy of New Zealand Limited · Education
59.6 / 100
Next grade: C (0.4 points away)
Financial
Governance
Transparency
85% complete
Executive compensation is not disclosed. Publishing pay bands or total compensation in the annual report removes this governance abuse flag.
Boards with 5-15 members score highest for governance. Consider appointing additional trustees or restructuring the board.
An independent chair strengthens governance oversight and demonstrates separation of management and governance.
Term limits ensure regular board renewal and prevent entrenchment. A typical policy is 3 terms of 3 years.
An audit committee provides financial oversight and strengthens accountability. At least 2-3 board members with financial literacy.
A finance committee improves budgeting, investment oversight, and financial planning.
A documented conflict of interest policy protects the charity and its beneficiaries. Required for good governance.
A whistleblower protection policy encourages reporting of misconduct and demonstrates transparency commitment.
A formal remuneration policy ensures fair and transparent pay decisions for staff and executives.
Listing board members on the website or in annual reports improves accountability and donor confidence.
The charity's expense breakdown has not been manually verified. Submitting an accurate program/admin/fundraising expense split from audited financial statements unlocks the efficiency score and restores full financial weighting.
The charity holds 14.8 months of reserves. While not excessive, the optimal range is 3-12 months. A documented reserves policy justifying the level would strengthen the rating.
Does not publicly disclose executive compensation despite receiving significant public funding
-20 points
Data sourced from publicly available NZX filings and annual reports. 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.