Financial Freedom Trust — Health Charity in Palmerston North
Financial Freedom Trust is a Trust charity in the Health sector, based in Palmerston North, Palmerston North. This organisation also provides funding to other charities. Annual revenue: $0.2M NZD. Financial data as at June 2024.
Mission: The mission of Financial Freedom Trust (FFT) is to alleviate the financial burdens and pressures on members of the community by providing financial mentoring, budgeting services and education, to enable them to achieve financial freedom and security. It aims to assist, equip and empower families and individuals to find freedom, satisfaction and confidence in handling their own affairs through the development of good money management skills. FFT's services serve to enhance the quality of life of families, and people from a wide range of ages and ethnicities. It does so by providing the following services: • One on one financial mentoring/budgeting including negotiating with creditors, insolvency and assisting in crises; • Budgeting skills seminars/workshops for groups; Money Mates courses for small groups; • Total Money Management for people unable to manage their own finances for a variety of reasons including mental disabilities and addictions.
- Registration Number
- CC34293
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- Sector
- Health
- Location
- Palmerston North, Palmerston North
- Website
- http://www.fft.org.nz
- admin@fft.org.nz
- Funder Status
- Grant-making charity (trust)
- Data as at
- June 2024
Financial Summary
- Total Revenue
- $0.2M NZD
- Total Expenses
- $0.1M NZD
- Total Assets
- $0.2M NZD
- Net Assets
- $0.2M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 3
- Volunteers
- 8
- Financial Year End
- 2024-06-30
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $0.2M | $0.1M | $0.2M |
| 2023 | $0.2M | $0.1M | $0.2M |
| 2022 | $0.1M | $0.1M | $0.1M |
| 2021 | $0.1M | $0.1M | $0.1M |
| 2020 | $0.1M | $0.1M | $0.1M |
| 2019 | $0.1M | $0.1M | $0.1M |
| 2018 | $0.2M | $0.1M | $0.1M |
| 2017 | $0.1M | $0.1M | $0.0M |
| 2016 | $0.1M | $0.1M | $0.0M |
| 2015 | $0.1M | $0.1M | $0.0M |
CharityData Rating
- Overall Grade
- Overall Score
- /100
- Financial Score
- 0
- Governance Score
- 0
- Transparency Score
- 50
Board Members and Officers
Current Officers (0)
| Name | Role | Appointed |
|---|
Former Officers (14)
- Catherine Rikihana — Trustee
- Robert Sanson — Trustee (departed 2024-02-29)
- Russell Flavall — Trustee
- Ricky Carmont — Trustee
- Kevin Vincent — Trustee (departed 2016-12-31)
- Craig Higgie — Trustee (departed 2017-12-31)
- Alan McGrath — Trustee (departed 2019-03-20)
- Antonie Eggink — Trustee (departed 2014-08-27)
- Indraraj Mylvaganam — Manager
- Alexander Middleton — Trustee
- Jonathon Hannon — Trustee (departed 2012-03-12)
- Bruce Parsons — Trustee (departed 2008-12-31)
- Warren Olson — Trustee (departed 2021-12-15)
- John Harrison — Trustee (departed 2012-05-31)
Similar Charities in Health
- New Progress Enterprises — Health
- Age Concern Rodney Incorporated — Health
- CAPS Northland Incorporated — Health
- Medic Alert Foundation - New Zealand Incorporated — Health
- The Auckland Children's Christmas Parade Trust — Health
Financial Freedom Trust
CC34293Palmerston North, Palmerston NorthRegistered 30 Jun 2008
Data updated: 6 days ago
Financials30 Jun 2024Rating10h ago
Financial data as at June 2024. Sourced from Charities Services register.
NR
Not rated — Summary-form filing — not enough detail to grade
Charities Services Tier 3/4 reporting allows smaller charities to file a summary annual-return form rather than separately 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 $1M threshold at which audited accounts are expected. 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.
How ratings work →Revenue
$157.1K
Expenses
$143.4K
Assets
$218.8K
Staff
3
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
Funder Profile
GrantmakerThis organisation makes grants or donations to other charities and organisations.
Funding Sectors
EducationCommunity Development
Beneficiaries
People with DisabilitiesGeneral Public
Geographic Focus
Manawatū-Whanganui
About
Mission
The mission of Financial Freedom Trust (FFT) is to alleviate the financial burdens and pressures on members of the community by providing financial mentoring, budgeting services and education, to enable them to achieve financial freedom and security. It aims to assist, equip and empower families and individuals to find freedom, satisfaction and confidence in handling their own affairs through the development of good money management skills. FFT's services serve to enhance the quality of life of families, and people from a wide range of ages and ethnicities. It does so by providing the following services: • One on one financial mentoring/budgeting including negotiating with creditors, insolvency and assisting in crises; • Budgeting skills seminars/workshops for groups; Money Mates courses for small groups; • Total Money Management for people unable to manage their own finances for a variety of reasons including mental disabilities and addictions.
Key Statistics
Annual Revenue
$157.1K
Total Expenses
$143.4K
Net Assets
$180.5K
Staff
3
employees
Volunteers
8
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
18.1mo
Could operate 18.1 months with zero revenue
Healthy
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
56
Score /100
Concentrated
HHI: 4,361
Donations47.6%
Other45.2%
Investment Income7.2%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 140 peers · Health · $100K – $1M
Rating Score
0
Revenue
$157K
Reserve Months
0.0
Surplus
$14K
Staff Cost %
0%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
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Claim This ProfileContact Details
Registration
Registration NumberCC34293
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered
Sector & Activities
Primary Sector
HealthData 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: 22 April 2026.
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