Seafood Sector Support Network Trust — Health Charity in Wellington
Seafood Sector Support Network Trust is a Trust charity in the Health sector, based in Wellington, Wellington. CharityData rates this charity A- (85/100). Annual revenue: $1.3M NZD. Financial data as at June 2024.
Mission: The Trusts principal objects are: (a) the advancement of education; (b) the relief of poverty; (c) the improvement of wellbeing and resilience; and (d) the general benefit of coastal communities, by promoting, facilitating and providing support and assistance to those working in, or associated with, the seafood industry, and their whanau, with respect to adverse and emergency events and stress and distress caused by personal and financial circumstances and the operating and natural environment.
- Registration Number
- CC59408
- Charity Type
- Trust
- Registration Date
- 2021-05-23
- Status
- Active
- CharityData Rating
- A- (85/100)
- Sector
- Health
- Location
- Wellington, Wellington
- Website
- https://firstmate.org.nz/
- info@firstmate.org.nz
- Data as at
- June 2024
Financial Summary
- Total Revenue
- $1.3M NZD
- Total Expenses
- $0.9M NZD
- Total Assets
- $0.4M NZD
- Net Assets
- $0.3M NZD
- Reserve Months
- 3.8 months of operating expenses
- Staff Count
- 10
- Volunteers
- 0
- Financial Year End
- 2024-06-30
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $1.3M | $0.9M | $0.3M |
| 2023 | $1.2M | $1.0M | $0.3M |
| 2022 | $0.6M | $0.5M | $0.1M |
CharityData Rating
- Overall Grade
- A-
- Overall Score
- 85/100
- Financial Score
- 100
- Governance Score
- 50
- Transparency Score
- 50
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HealthTrust
Seafood Sector Support Network Trust
CC59408Wellington, WellingtonRegistered 23 May 2021
Data updated: Today
Financials30 Jun 2024Rating16h ago
Financial data as at June 2024. Sourced from Charities Services register.
A-
85/100
Financial
100
Governance
50
Transparency
50
Revenue
$1.3M
Expenses
$947.2K
Assets
$405.4K
Staff
10
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
About
Mission
The Trusts principal objects are: (a) the advancement of education; (b) the relief of poverty; (c) the improvement of wellbeing and resilience; and (d) the general benefit of coastal communities, by promoting, facilitating and providing support and assistance to those working in, or associated with, the seafood industry, and their whanau, with respect to adverse and emergency events and stress and distress caused by personal and financial circumstances and the operating and natural environment.
Key Statistics
Annual Revenue
$1.3M
Total Expenses
$947.2K
Net Assets
$298.8K
Staff
10
employees
Volunteers
0
Financial Trends
Financial Trends (3 Years)
Revenue Breakdown
Expense Breakdown
API DataBased 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
2
Score /100
Highly Concentrated
HHI: 9,841
High Concentration: 99% of revenue from Other
Other99.2%
Investment Income0.8%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 59 peers · Health · $1M – $10M
Rating Score
85
Revenue
$1.3M
Reserve Months
3.8
Surplus
$304K
Staff Cost %
15%
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 NumberCC59408
Entity TypeTrust
Registered23 May 2021
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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