Academy Of Diving TrustEducation Charity in Palmerston North

Academy Of Diving Trust is a Trust charity in the Education sector, based in Palmerston North, Palmerston North. Annual revenue: $4.0M NZD. Financial data as at December 2025.

Mission: 1. To promote the advancement, education, career enhancement, enjoyment and safety of underwater diving. 2. To promote the advancement, education, career enhancement, enjoyment and safety of outdoor recreational activities. 3. To provide the development training and finance for research and development for those purposes referred to in (1) and (2) above. 4. Such other charitable purposes as the Trustees may determine from time to time.

Registration Number
CC20083
Charity Type
Trust
Registration Date
2008-02-03
Status
Active
Sector
Education
Location
Palmerston North, Palmerston North
Email
wendy@academyofdiving.ac.nz
Data as at
December 2025

Financial Summary

Total Revenue
$4.0M NZD
Total Expenses
$4.0M NZD
Total Assets
$1.6M NZD
Net Assets
$0.9M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
3
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$4.0M$4.0M$0.9M
2024$4.1M$4.0M-
2023$4.0M$3.9M$0.8M
2022$3.7M$3.6M$0.9M
2021$3.9M$3.9M$0.9M
2020$4.7M$4.2M$0.8M
2019$4.2M$4.2M$0.3M
2018$3.7M$3.6M$0.3M
2017$3.5M$3.4M$0.2M
2016$3.5M$3.4M$0.2M

Board Members and Officers

Current Officers (4)

NameRoleAppointed
Shailina SearanckeTrustee2021-06-01
Richard ChittyTrustee2016-10-10
Ross DrysdaleTrustee2011-11-01
Darrell BirdTrustee2006-08-29

Former Officers (9)

  • Benjamin TaylorTrustee (departed 2026-06-19)
  • Virginia WatsonTrustee (departed 2026-06-05)
  • Daniel AndersonTrustee (departed 2021-06-01)
  • Jenny ClentTrustee (departed 2018-09-11)
  • Michelle BruntonTrustee (departed 2011-09-21)
  • Darren BrickleyTrustee (departed 2008-12-31)
  • Jane FranksTrustee (departed 2013-09-03)
  • Timothy HorganTrustee (departed 2015-01-08)
  • Anthony Horace WollandTrustee (departed 2023-06-30)

Similar Charities in Education

EducationTrust

Academy Of Diving Trust

CC20083Palmerston North, Palmerston NorthRegistered 3 Feb 2008
Data updated: Today
Financials8mo agoRatingyesterday

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

NR
Not ratedCharity type not yet classified — grade withheld

Our scorecard uses a different template for different kinds of charity — an operating charity is measured differently from an endowment or a grant-making trust. This charity's type has not yet been classified, so a letter grade is withheld rather than assigned using a template chosen by default. That says nothing about the charity itself. Its filed figures are shown above, and it will be graded once its type is classified.

How ratings work →

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 4. 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

$4.0M

Expenses

$4.0M

Assets

$1.6M

Staff

3

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

About

Mission

1. To promote the advancement, education, career enhancement, enjoyment and safety of underwater diving. 2. To promote the advancement, education, career enhancement, enjoyment and safety of outdoor recreational activities. 3. To provide the development training and finance for research and development for those purposes referred to in (1) and (2) above. 4. Such other charitable purposes as the Trustees may determine from time to time.

Key Statistics

Annual Revenue
$4.0M
Total Expenses
$4.0M
Net Assets
$897.5K
Staff
3
employees

Financial Trends

Financial Trends (18 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
0mo
Could operate 0 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

51
Score /100
Concentrated
HHI: 4,916
Government Grants55.6%
Other42.7%
Investment Income0.9%
Donations0.8%

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

Peer Comparison

Ranked against 21 peers · Education · $1M – $10M

Rating Score
0
#6/22
Revenue
$4.0M
#12/22
Reserve Months
0.0
#1/22
Surplus
$21K
#11/22
Staff Cost %
4%
#22/22

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: 10 | Transparency: 65
Current
F
2024
Score: 34.4
Financial: 79 | Governance: 65 | Transparency: 65

Rating

Score: /100
Financial
0
Governance
10
Transparency
65
View Full Score Breakdown

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Contact Details

Address
Palmerston North, Palmerston North

Registration

Registration NumberCC20083
Entity TypeTrust
Registered3 Feb 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated9 Jan 2002
Registered office
70 Clifton Terrace, Fitzherbert, Palmerston North

Sector & Activities

Primary Sector
Education

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: 13 September 2026.