MITO New Zealand Incorporated — Education Charity in Wellington

MITO New Zealand Incorporated is a deregistered registered charity in the Education sector, based in Wellington, Wellington. Annual revenue: $25.5M NZD. Financial data as at December 2021.

Mission: Industry Training Organisation

Registration Number
CC36520
Registration Date
2008-06-30
Status
Deregistered (2023-05-01)
Sector
Education
Location
Wellington, Wellington
Email
wayne.cook@mito.org.nz
Data as at
December 2021

Beneficiaries: General public

Financial Summary

Total Revenue
$25.5M NZD
Total Expenses
$18.7M NZD
Total Assets
$28.1M NZD
Net Assets
$25.8M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
93
Volunteers
0
Financial Year End
2021-12-31

Financial History

YearRevenueExpensesNet Assets
2021$25.5M$18.7M$25.8M
2020$21.4M$17.5M$19.0M
2019$20.9M$17.5M$15.1M
2018$20.2M$17.9M$11.6M
2017$18.8M$18.1M$9.3M
2016$18.3M$17.4M$8.7M
2015$18.2M$18.8M$7.8M
2014$16.6M$17.6M$8.4M
2013$16.2M$15.0M$9.5M
2012$15.2M$14.5M$8.4M

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (24)

  • Nicholas Leggett — Board Director
  • Robert Boniface — Board Director
  • Sturrock Saunders — Board Director
  • Iain Haycock — Board Director
  • George Hollinsworth — Board Director
  • Andrew Clearwater — Board Director
  • Brendan Duffy — Board Director (departed 2019-06-28)
  • Christopher BAKER — Board Director (departed 2018-06-28)
  • Brian Bouzaid — Director (departed 2014-03-30)
  • Bruce Taylor — Director (departed 2016-05-31)
  • Lyndon Leabourn — Board Director
  • Ken Shirley — Board Director (departed 2018-06-28)
  • Raewyn Bleakley — Director (departed 2012-10-29)
  • David Storey — Board Deputy Chairman (departed 2019-06-28)
  • Barry Wybrow — Trustee (departed 2014-03-30)
  • Warwick Harvie — Trustee (departed 2012-12-04)
  • Kimber Buglass — Trustee (departed 2010-06-29)
  • Mark Darrow — Trustee (departed 2013-04-30)
  • Christopher Rigby — Board Director (departed 2017-05-30)
  • David O'kane — Board Chairman (departed 2018-06-28)

Similar Charities in Education

EducationDeregistered

MITO New Zealand Incorporated

CC36520Wellington, WellingtonRegistered 30 Jun 2008
Data updated: 2 days ago
Financials31 Dec 2021Rating3d ago

Financial data as at December 2021. 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

$25.5M

Expenses

$18.7M

Assets

$28.1M

Staff

93

Financial data from Charities Services annual return (FY2021). Ratings calculated using CharityData v3.1.1 methodology.

About

Mission

Industry Training Organisation

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$25.5M
Total Expenses
$18.7M
Net Assets
$25.8M
Staff
93
employees
Volunteers
0

Financial Trends

Financial Trends (14 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
1.8mo
Could operate 1.8 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

16
Score /100
Highly Concentrated
HHI: 8,409
High Concentration: 92% of revenue from Other
Other91.5%
Trading / Services4.9%
Investment Income3.6%

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

Peer Comparison

Ranked against 16 peers · Education · $10M – $50M

Rating Score
0
#15/17
Revenue
$25.5M
#4/17
Reserve Months
0.0
#1/17
Surplus
$6.8M
#4/17
Staff Cost %
0%
#1/17

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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Latest Audit

FY2021
Clean
6 years of audit history

Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC36520
Registered30 Jun 2008
StatusDeregistered
Deregistered1 May 2023

Sector & Activities

Primary Sector
Education
Activities
Other - Acts an Umbrella body

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.