{"@context":"https://schema.org","@type":"NGO","schema_version":"1.0","identity":{"name":"Generous Ventures Trust","slug":"generous-ventures-trust","charities_register_number":"CC50391","nzbn":"9429043203956","status":"registered","registration_date":"2014-04-01","deregistration_date":null,"entity_type":null,"sector":"Community Development","icnpo_group":"Development and Housing","region":"Wellington","city":"Wellington","country":"NZ","financial_year_end":null,"ird_donee_status":true,"operates_overseas":null,"website":null,"purpose":"Generous Ventures envisions a future in which more profit is used for good and businesses have long-term benefits for Aotearoa. To achieve this, Generous Ventures is challenging traditional ownership and governance structures that focus solely on maximising profit by driving more steward ownership models in Aotearoa.\r\n\r\nGenerous Ventures is in the process of becoming a steward of Thankyou Payroll, a company offering payroll software to businesses in Aotearoa. Over the next six years, it will transition to full ownership, at which point profits can be redistributed for social good.\r\n\r\nFor now, Generous Ventures is focused on promoting steward ownership, supporting businesses in making the transition, and empowering future stewards.","mission":"Generous Ventures envisions a future in which more profit is used for good and businesses have long-term benefits for Aotearoa. To achieve this, Generous Ventures is challenging traditional ownership and governance structures that focus solely on maximising profit by driving more steward ownership models in Aotearoa.\r\n\r\nGenerous Ventures is in the process of becoming a steward of Thankyou Payroll, a company offering payroll software to businesses in Aotearoa. Over the next six years, it will transition to full ownership, at which point profits can be redistributed for social good.\r\n\r\nFor now, Generous Ventures is focused on promoting steward ownership, supporting businesses in making the transition, and empowering future stewards."},"rating":{"rated":false,"grade":null,"score":null,"status":"structural_negative_equity","reason":"Liabilities exceed assets, which the scoring template cannot represent fairly.","methodology_url":"https://charitydata.co.nz/charity-insights/methodology"},"red_flags":{"count":0,"types":[],"descriptions":[],"note":"Flags describe metrics that fall outside published methodology thresholds for this charity’s size and type. They are analytical observations about filed data, not findings of wrongdoing."},"financials_latest":{"year_ended":"2025-03-31","total_revenue_nzd":360,"total_expenses_nzd":946065,"surplus_deficit_nzd":null,"total_assets_nzd":944939,"total_liabilities_nzd":2209948,"net_assets_nzd":-1265009,"cash_reserves_nzd":null,"government_grants_nzd":null,"donations_nzd":360,"staff_costs_nzd":null,"paid_staff":1,"volunteers":0,"reporting_tier":null,"financial_report_audited":null,"source_filing_pdf":null,"consistency_warning":null},"financial_history":[{"year_ended":"2025-03-31","total_revenue_nzd":360,"total_expenses_nzd":946065,"surplus_deficit_nzd":null,"net_assets_nzd":-1265009,"source_filing_pdf":null},{"year_ended":"2024-03-31","total_revenue_nzd":855097,"total_expenses_nzd":1469228,"surplus_deficit_nzd":null,"net_assets_nzd":-606125,"source_filing_pdf":null},{"year_ended":"2023-03-31","total_revenue_nzd":3833,"total_expenses_nzd":3072,"surplus_deficit_nzd":null,"net_assets_nzd":40985,"source_filing_pdf":null},{"year_ended":"2022-03-31","total_revenue_nzd":35865,"total_expenses_nzd":13333,"surplus_deficit_nzd":null,"net_assets_nzd":40224,"source_filing_pdf":null},{"year_ended":"2021-03-31","total_revenue_nzd":66546,"total_expenses_nzd":14942,"surplus_deficit_nzd":null,"net_assets_nzd":47846,"source_filing_pdf":null},{"year_ended":"2020-03-31","total_revenue_nzd":109024,"total_expenses_nzd":15056,"surplus_deficit_nzd":null,"net_assets_nzd":68239,"source_filing_pdf":null},{"year_ended":"2019-03-31","total_revenue_nzd":101920,"total_expenses_nzd":12538,"surplus_deficit_nzd":null,"net_assets_nzd":29761,"source_filing_pdf":null},{"year_ended":"2018-03-31","total_revenue_nzd":87835,"total_expenses_nzd":10857,"surplus_deficit_nzd":null,"net_assets_nzd":41677,"source_filing_pdf":null},{"year_ended":"2017-03-31","total_revenue_nzd":60428,"total_expenses_nzd":4328,"surplus_deficit_nzd":null,"net_assets_nzd":32565,"source_filing_pdf":null},{"year_ended":"2016-03-31","total_revenue_nzd":30031,"total_expenses_nzd":273,"surplus_deficit_nzd":null,"net_assets_nzd":6199,"source_filing_pdf":null}],"group_consolidated":null,"governance":{"current_officers":3,"total_officers_recorded":21,"chair_recorded":false,"paid_executives_disclosed":0,"executive_remuneration_bands":[],"auditor_firm":null,"latest_audit_opinion":null,"going_concern_referenced":false,"individuals_named":false,"individuals_note":"Officer and trustee names are deliberately omitted from this machine-readable view. They are public on the Charities Register and on the charity profile page."},"funders":{"named":[],"unnamed_count":0,"unnamed_note":"Funding sources that may be individuals, or whose type is unclassified, are counted but not named."},"service_providers":[],"links":{"profile":"https://charitydata.co.nz/charities/generous-ventures-trust","markdown":"https://charitydata.co.nz/api/v1/charities/generous-ventures-trust/markdown","summary_md":"https://charitydata.co.nz/api/v1/charities/generous-ventures-trust/summary.md","methodology":"https://charitydata.co.nz/charity-insights/methodology","official_register":"https://register.charities.govt.nz/CharitiesRegister/ViewCharity?accountId=CC50391","website":null},"freshness":{"register_as_of":"2026-10-01","financials_updated":"2026-05-29","rating_computed":"2026-10-01","generated_at":"2026-10-04T01:47:07.690Z","note":"Figures are as filed. A charity that has filed since the dates above may have newer numbers on the Charities Register."},"attribution":{"publisher":"CharityData NZ","publisher_url":"https://charitydata.co.nz","primary_source":"Charities Services (Ngā Rātonga Kaupapa Atawhai), Department of Internal Affairs","licence":"CC BY 4.0 with attribution to CharityData NZ and Charities Services","disclaimer":"Analytical scores are CharityData’s own, computed under a published methodology from the charity’s own filings. They are not financial, legal or donation advice."}}