Speed Freaks Charitable Trust — Health Charity in Christchurch

Speed Freaks Charitable Trust is a Charitable Trust charity in the Health sector, based in Christchurch, Christchurch. Annual revenue: $1.0M NZD. Financial data as at June 2026.

Mission: To promote the improvement of physical and mental health and social rehabilitation of those recovering from addition within New Zealand through participation in organised physical activity.

Registration Number
CC59124
Charity Type
Charitable Trust
Registration Date
2021-06-22
Status
Active
Sector
Health
Location
Christchurch, Christchurch
Website
https://www.speedfreaks.org.nz
Email
anna@speedfreaks.org.nz
Data as at
June 2026

Beneficiaries: General public, People with disabilities

Financial Summary

Total Revenue
$1.0M NZD
Total Expenses
$0.9M NZD
Total Assets
$0.6M NZD
Net Assets
$0.6M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
14
Financial Year End
2026-06-30

Financial History

YearRevenueExpensesNet Assets
2026$1.0M$0.9M$0.6M
2025$0.7M$0.7M$0.5M
2024$0.7M$0.4M$0.5M
2023$0.5M$0.4M$0.2M
2022$0.3M$0.2M$0.1M

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Arapata ReubenTrustee2024-12-09
Matthew MarksTrustee2024-12-09
Andrew TowersTrustee2023-03-01
Anna ChristophorouTrustee2021-06-22
Raelene ReesTrustee2021-06-22

Former Officers (5)

  • Kevin Grimwood — Trustee (departed 2024-08-18)
  • Leo Coles — Trustee (departed 2021-10-14)
  • Benjamin Kepes — Trustee (departed 2022-02-07)
  • Leigh Harris — Trustee (departed 2022-02-06)
  • Anthony Fallon — Trustee (departed 2023-03-01)

Funding Sources

  • Foundation North — $25,000
  • Foundation North — $24,000
  • Kiwi Gaming Foundation Limited — $10,000
  • Air Rescue Services Limited — $4,330.43

Similar Charities in Health

Speed Freaks Charitable Trust logo
HealthCharitable Trust

Speed Freaks Charitable Trust

CC59124Christchurch, ChristchurchRegistered 22 Jun 2021
Data updated: 1 Nov 2026
Financials4mo agoRating1mo ago

Financial data as at June 2026. Sourced from Charities Services register.

NR
Not rated — Summary-form filing — not enough detail to grade

XRB Tier 3 lets smaller charities (total expenses of $5M or less; $2M for periods ending before 28 March 2024) file a simple-format performance report instead of full PBE standards. 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 our $2M rating threshold. (Whether the accounts must be audited is a separate Charities Act test: audit from $1.1M of operating expenditure, review from $550K.) 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, and any structural concerns a donor would want to look at are surfaced separately. (v3.3 — set at the pre-2024 Tier 3 ceiling; matches Charity Navigator and CharityWatch US practice.)

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 5. 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

$999.8K

Expenses

$944.8K

Assets

$634.0K

Staff

14

Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.

Funded By

Registered charities that have funded this organisation.

About

Mission

To promote the improvement of physical and mental health and social rehabilitation of those recovering from addition within New Zealand through participation in organised physical activity.

Who We Serve

Beneficiaries
General publicPeople with disabilities

Key Statistics

Annual Revenue
$999.8K
Total Expenses
$944.8K
Net Assets
$572.3K
Staff
14
employees

Financial Trends

Financial Trends (5 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
1mo
Could operate 1 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

50
Score /100
Concentrated
HHI: 5,019
Government Grants61.6%
Other34.9%
Investment Income1.9%
Donations1.7%

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

Peer Comparison

Ranked against 138 peers · Health · $100K – $1M

Rating Score
0
#39/139
Revenue
$1000K
#1/139
Reserve Months
0.0
#1/139
Surplus
$55K
#46/139
Staff Cost %
88%
#139/139

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating History

NR
2026
Score: N/A
Financial: 0 | Governance: 20 | Transparency: 65
Current
NR
2025
Score: N/A
Financial: 0 | Governance: 20 | Transparency: 65

Rating

Score: /100
Financial
0
Governance
20
Transparency
65
View Full Score Breakdown

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Latest Audit

FY2026

Contact Details

Address
Christchurch, Christchurch

Registration

Registration NumberCC59124
Entity TypeCharitable Trust
Registered22 Jun 2021
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated14 Feb 2022
Registered office
4 Plains View, Mount Pleasant, Christchurch

Sector & Activities

Primary Sector
Health
Activities
Provides services (e.g. care / counselling)

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.