Spirit of Coromandel Trust — Education Charity in Coromandel

Spirit of Coromandel Trust is a Trust charity in the Education sector, based in Coromandel, Coromandel. CharityData rates this charity C+ (65.5/100). Annual revenue: $0.0M NZD. Financial data as at April 2025.

Mission: The Spirit of Coromandel Trust exists to strengthen and support community-led recreation and access across the Coromandel Peninsula. Our purpose is to enable equitable access to outdoor spaces through environmental stewardship, inclusive leadership, trail development, and community activation. Through flagship initiatives such as the Ride Coromandel Bike Park and the Coromandel Trails Collective, the Trust delivers community-led events, facilitates youth and school-based programmes, and supports the development of sustainable trails and shared recreation infrastructure. By building strong partnerships with iwi, landowners, volunteers, and local groups, we connect people, place, and purpose—through trails.

Registration Number
CC40853
Charity Type
Trust
Registration Date
2009-06-15
Status
Active
CharityData Rating
C+ (65.5/100)
Sector
Education
Location
Coromandel, Coromandel
Website
http://www.arcevents.co.nz
Email
andy@arcevents.co.nz
Data as at
April 2025

Beneficiaries: Animals, Children / young people, General public, Other charities, Voluntary bodies other than charities

Financial Summary

Total Revenue
$0.0M NZD
Total Expenses
$0.0M NZD
Reserve Months
45.0 months of operating expenses
Staff Count
2
Volunteers
0
Financial Year End
2025-04-30

Financial History

YearRevenueExpensesNet Assets
2025$0.0M$0.0M-
2024$0.0M$0.1M$0.9M
2023$0.1M$0.1M$1.0M
2022$0.2M$0.1M$0.9M
2021$0.6M$0.2M$0.9M
2020$0.3M$0.2M$0.5M
2019$0.5M$0.2M$0.4M
2018$0.2M$0.2M$0.1M
2017$0.2M$0.2M$0.1M
2016$0.2M$0.2M$0.1M

CharityData Rating

Overall Grade
C+
Overall Score
65.5/100
Financial Score
70
Governance Score
55
Transparency Score
65

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (5)

  • Michael White — Trustee
  • Mark Struthers — Trustee
  • Daniel Smith — Trustee (departed 2023-07-01)
  • Andrew Reid — Trustee
  • Keith Stephenson — Trustee (departed 2021-12-19)

Funding Sources

  • Aotearoa Gaming Foundation — $14,759.56

Similar Charities in Education

Spirit of Coromandel Trust logo
EducationTrust

Spirit of Coromandel Trust

CC40853Coromandel, CoromandelRegistered 15 Jun 2009
Data updated: 6 days ago
Financials30 Apr 2025Rating3d ago

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

C+
66/100
Balance sheet from 2024 used (not reported this year)
Financial
70
Governance
55
Transparency
65

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 3. 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

$8.9K

Expenses

$23.0K

Staff

2

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

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

About

Mission

The Spirit of Coromandel Trust exists to strengthen and support community-led recreation and access across the Coromandel Peninsula. Our purpose is to enable equitable access to outdoor spaces through environmental stewardship, inclusive leadership, trail development, and community activation. Through flagship initiatives such as the Ride Coromandel Bike Park and the Coromandel Trails Collective, the Trust delivers community-led events, facilitates youth and school-based programmes, and supports the development of sustainable trails and shared recreation infrastructure. By building strong partnerships with iwi, landowners, volunteers, and local groups, we connect people, place, and purpose—through trails.

Who We Serve

Beneficiaries
AnimalsChildren / young peopleGeneral publicOther charitiesVoluntary bodies other than charities

Key Statistics

Annual Revenue
$8.9K
Total Expenses
$23.0K
Net Assets
-
Staff
2
employees
Volunteers
0

Financial Trends

Financial Trends (16 Years)

Revenue Breakdown

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
37.2mo
Could operate 37.2 months with zero revenue
Over-capitalized
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

54
Score /100
Concentrated
HHI: 4,582
Other62.0%
Investment Income21.8%
Donations16.2%

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

Peer Comparison

Ranked against 329 peers · Education · Under $100K

Rating Score
66
#57/330
Revenue
$9K
#215/330
Reserve Months
45.0
#1/330
Surplus
$-14K
#305/330
Staff Cost %
0%
#1/330

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

Rating

C+
Score: 65.5/100
Financial
70
Governance
55
Transparency
65
Why this grade: Financial 70 × 40% + Governance 55 × 60% = 61 → C+.
View Full Score Breakdown

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Contact Details

Address
Coromandel, Coromandel

Registration

Registration NumberCC40853
Entity TypeTrust
Registered15 Jun 2009
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated20 Jun 2001
Registered office
Tiki Quarry Road Coromandel, Coromandel

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: 29 September 2026.