Te Wai Maori Trust · Other
37.5 / 100
Next grade: D- (2.5 points away)
Financial
Governance
Transparency
95% complete
Cash reserves significantly exceed operational needs. Deploy surplus toward mission activities or document a formal reserves policy explaining the rationale.
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.
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.
The charity holds 59.3 months of reserves, above the 18-month threshold. Consider deploying surplus funds toward programs or establishing a documented reserves policy explaining the rationale.
Holding 59.3 months of expenses in reserves (31.6M), well above recommended maximum
-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.