SPIRIT OF ADVENTURE TRUST — Education Charity in Auckland
SPIRIT OF ADVENTURE TRUST is a Trust charity in the Education sector, based in Auckland, Auckland. Annual revenue: $0.4M NZD. Financial data as at March 2025.
Mission: Spirit of Adventure Trust mission is to enable young New Zealanders to reach their full potential through the challenge of the sea. Running youth development voyages on the tall ship Spirit of New Zealand, the voyages provide a unique environment where the focus of learning is on teamwork, developing communication skills, self reliance, self discipline, self esteem, resilience, confidence and leadership.
- Registration Number
- CC22151
- Charity Type
- Trust
- Registration Date
- 2008-03-26
- Status
- Active
- Sector
- Education
- Location
- Auckland, Auckland
- info@soat.org.nz
- Data as at
- March 2025
Beneficiaries: Children / young people
Financial Summary
- Total Revenue
- $0.4M NZD
- Total Expenses
- $0.0M NZD
- Total Assets
- $4.4M NZD
- Net Assets
- $2.8M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 24
- Volunteers
- 4
- Financial Year End
- 2025-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $0.4M | $0.0M | $2.8M |
| 2024 | $4.7M | $0.0M | $3.0M |
| 2023 | $3.0M | $0.0M | $2.8M |
| 2022 | $3.5M | $0.0M | $2.3M |
| 2021 | $4.0M | $0.0M | $2.2M |
| 2020 | $2.6M | $0.0M | $1.4M |
| 2019 | $1.4M | $0.0M | $0.7M |
| 2018 | $1.0M | $0.0M | $0.6M |
| 2017 | $0.9M | $0.0M | $-0.0M |
| 2016 | $1.4M | $0.0M | $0.1M |
Board Members and Officers
Current Officers (6)
| Name | Role | Appointed |
|---|---|---|
| Jeff Morrison | Trustee | 2008-08-25 |
| Matthew Flynn | Trustee | 2024-04-21 |
| Ngaire Ashmore | Trustee | 2023-01-17 |
| Catherine Mason | Trustee | 2018-11-05 |
| Jerry Norman | Trustee | 2015-11-30 |
| Stephen Barry FISHER | Chair | 1973-02-13 |
Former Officers (15)
- Chris Jewell — Trustee (departed 2025-02-23)
- Aaron Bethune — Trustee (departed 2023-10-09)
- Hamish Carter — Trustee (departed 2013-05-27)
- Brooke Archbold — Trustee (departed 2024-04-21)
- Robert Hawkins — Trustee (departed 2015-11-30)
- Hugh O' Neill — Trustee (departed 2012-08-27)
- Susan Blakely — Trustee (departed 2023-02-27)
- ROSS EDWARD GREEN — Trustee (departed 2012-10-08)
- Peter William Fitzsimmons — Trustee (departed 2010-02-15)
- JAMES BRUCE STANHOPE LOTT — Trustee (departed 2011-07-29)
- ANDREW JAMES SPENCER — Trustee (departed 2021-03-31)
- MARGARET ANNE BENDALL — Trustee (departed 2008-02-11)
- Michael Austin — Trustee (departed 2020-02-03)
- JOHN COLLINGWOOD KING — Deputy Chair (departed 2008-08-04)
- Tessa Duder — Trustee (departed 2020-03-31)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Key Management Personnel (aggregate) | CEO, Marine Manager, and three active Masters | $615,891 | 2025 |
| Key Management Personnel (aggregate) | CEO, Marine Manager, and three active Masters | $615,891 | 2023 |
| Board/Trustees (unpaid) | Trustee | $0 | 2025 |
| Board/Trustees (unpaid) | Trustee | $0 | 2023 |
Funding Sources
- Pub Charity Limited — $950,000
- Foundation North — $226,240
- Foundation North — $195,000
- Foundation North — $112,500
- Foundation North — $100,000
- Lion Foundation — $100,000
- Foundation North — $100,000
- Foundation North — $91,304
- Foundation North — $65,000
- Foundation North — $65,000
- Aotearoa Gaming Foundation — $59,999
- The Trusts Community Foundation — $50,000
- The Trusts Community Foundation Limited — $50,000
- The Trusts Community Foundation — $50,000
- Four Winds Foundation Limited — $49,500
- Trillian Trust — $49,032
- Grassroots Trust Central Limited — $40,000
- Pelorus Trust — $20,000
- Trillian Trust Limited — $10,000
- Pelorus Trust — $10,000
- Kiwi Gaming Foundation Limited — $6,322
- Oxford Sports Trust — $6,000
- New Zealand Community Trust — $5,000
- Blue Sky Community Trust — $3,000
Service Providers
- PwC
Similar Charities in Education
- The Hato Paora Trust Board — Education
- Otago Presbyterian Girls' College Board of Governors Incorporated — Education
- Hawksbury Community Living Trust — Education
- Far North Reap Society Incorporated — Education
- Victoria University of Wellington Students Association and Te Aka Tauira Incorporated — Education
SPIRIT OF ADVENTURE TRUST
Financial data as at March 2025. Sourced from Charities Services register.
Key balance-sheet figures (net assets / total assets) were not reported in the most recent return, and no populated prior year is available within the two-year fallback window. A rating cannot be calculated without these figures.
How ratings work →$444.6K
$0
$4.4M
24
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Funded By
Registered charities that have funded this organisation.
About
Spirit of Adventure Trust mission is to enable young New Zealanders to reach their full potential through the challenge of the sea. Running youth development voyages on the tall ship Spirit of New Zealand, the voyages provide a unique environment where the focus of learning is on teamwork, developing communication skills, self reliance, self discipline, self esteem, resilience, confidence and leadership.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (17 Years)
Revenue Breakdown
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 132 peers · Education · $100K – $1M
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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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: 27 September 2026.
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