Ole Academy Incorporated — Health Charity in Porirua

Ole Academy Incorporated is a Trust charity in the Health sector, based in Porirua, Porirua. Annual revenue: $1.5M NZD. Financial data as at December 2025.

Mission: To enhance the opportunities for young people by providing a full range of football activities and education around the Porirua and Wellington region. It is our vision to see a vibrant and thriving community where children are empowered to pursue their greatest ambitions. We see football as an incredible educational medium for helping young people overcome challenges, develop valuable life skills and learn to work together towards a common cause.

Registration Number
CC43619
Charity Type
Trust
Registration Date
2010-02-14
Status
Active
Sector
Health
Location
Porirua, Porirua
Email
davew@wim.co.nz
Data as at
December 2025

Beneficiaries: Children / young people, General public

Financial Summary

Total Revenue
$1.5M NZD
Total Expenses
$1.2M NZD
Total Assets
$0.6M NZD
Net Assets
$0.3M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
15
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$1.5M$1.2M$0.3M
2024$1.5M$1.6M$0.0M
2023$1.4M$1.5M$0.2M
2022$1.2M$1.4M$0.3M
2021$1.4M$1.5M$0.5M
2020$1.0M$1.3M$0.7M
2019$1.3M$1.2M$0.9M
2018$1.0M$1.0M$0.9M
2017$0.9M$0.9M$0.9M
2016$0.9M$0.8M$0.9M

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (13)

  • Ian Cameron — Committee Member
  • Rueben Bason — Committee Member
  • Margaret Walsh — Committee Member (departed 2020-09-30)
  • Michael Bale — Committee Member
  • Simon Elliott — Committee Member
  • William Moran — Committee Member (departed 2017-01-01)
  • Ryan Nelson — Committee Member (departed 2017-01-01)
  • Jennifer Brash — Committee Member (departed 2010-09-21)
  • Linda Wood — Committee Member (departed 2020-09-30)
  • Stuart Jacobs — Committee Member (departed 2010-09-21)
  • Dr David Ashley Wilson — Chair
  • Lesley Wilson — Secretary (departed 2020-09-30)
  • Christine Amos — Treasurer (departed 2017-01-01)

Funding Sources

  • One Foundation — $1,611,108.12
  • Air Rescue Services Limited — $645,095.69
  • One Foundation — $142,917.43

Similar Charities in Health

HealthTrust

Ole Academy Incorporated

CC43619Porirua, PoriruaRegistered 14 Feb 2010
Data updated: 3 days ago
Financials9mo agoRating2d ago

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

NR
Not rated — Summary-form filing — not enough detail to grade

Charities Services Tier 3 reporting allows charities under $2M revenue to file a simple-format annual return rather than audited financial statements. The return reports totals but not the program/administration split or the line-item detail our template needs. No red flags were detected in what was filed, and revenue is below the $2M Tier 2 boundary where audited accounts become mandatory. A letter grade is withheld rather than assigning one that would be driven by the template-fit, not the charity's operations. The charity's filed figures are shown above, and any structural concerns a donor would want to look at are surfaced separately. (v3.3 — aligned with Charities Services tier boundary; matches Charity Navigator and CharityWatch US practice.)

How ratings work →
Revenue

$1.5M

Expenses

$1.2M

Assets

$648.1K

Staff

15

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

About

Mission

To enhance the opportunities for young people by providing a full range of football activities and education around the Porirua and Wellington region. It is our vision to see a vibrant and thriving community where children are empowered to pursue their greatest ambitions. We see football as an incredible educational medium for helping young people overcome challenges, develop valuable life skills and learn to work together towards a common cause.

Who We Serve

Beneficiaries
Children / young peopleGeneral public

Key Statistics

Annual Revenue
$1.5M
Total Expenses
$1.2M
Net Assets
$334.7K
Staff
15
employees

Financial Trends

Financial Trends (17 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
3.1mo
Could operate 3.1 months with zero revenue
Low reserves
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

8
Score /100
Highly Concentrated
HHI: 9,244
High Concentration: 96% of revenue from Other
Other96.1%
Government Grants2.7%
Donations1.2%
Investment Income0.0%

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

Peer Comparison

Ranked against 67 peers · Health · $1M – $10M

Rating Score
0
#39/68
Revenue
$1.5M
#47/68
Reserve Months
0.0
#1/68
Surplus
$286K
#29/68
Staff Cost %
64%
#68/68

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

Rating History

NR
2025
Score: N/A
Financial: 0 | Governance: 30 | Transparency: 65
Current
NR
2024
Score: N/A
Financial: 0 | Governance: 30 | Transparency: 65
F
2023
Score: 27.3
Financial: 36 | Governance: 75 | Transparency: 65

Rating

Score: /100
Financial
0
Governance
30
Transparency
65
View Full Score Breakdown

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Contact Details

Address
Porirua, Porirua

Registration

Registration NumberCC43619
Entity TypeTrust
Registered14 Feb 2010
StatusRegistered

Companies Office

StatusRegistered
Entity TypeIncorporated Society
Incorporated27 Jan 1998
Registered office
22 Upper Main Drive, Kenepuru, Porirua, 5022

Sector & Activities

Primary Sector
Health
Activities
Provides advice / information / advocacyProvides buildings / facilities / open spaceProvides services (e.g. care / counselling)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: 28 September 2026.