The Food and Fibre Centre of Vocational Excellence Society Incorporated — Education Charity in Napier

The Food and Fibre Centre of Vocational Excellence Society Incorporated is a Incorporated Society charity in the Education sector, based in Napier, Napier. CharityData rates this charity B+ (84.4/100). Annual revenue: $4.5M NZD. Financial data as at March 2025.

Mission: The Food and Fibre CoVE aims to propel the Food & Fibre Sector to a sustainable and prosperous future through an enduring partnership with the Education Sector to ensure excellence in provision for our current and future workforce.

Registration Number
CC59312
Charity Type
Incorporated Society
Registration Date
2021-06-21
Status
Active
CharityData Rating
B+ (84.4/100)
Sector
Education
Location
Napier, Napier
Email
admin@foodandfibrecove.nz
Data as at
March 2025

Beneficiaries: Children / young people, General public

Financial Summary

Total Revenue
$4.5M NZD
Total Expenses
$4.4M NZD
Total Assets
$2.2M NZD
Net Assets
$0.2M NZD
Reserve Months
5.6 months of operating expenses
Staff Count
2
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$4.5M$4.4M$0.2M
2024$2.4M$2.3M$0.1M
2023$2.0M$2.0M$0.0M
2022$1.4M$1.4M$0.0M

CharityData Rating

Overall Grade
B+
Overall Score
84.4/100
Financial Score
88.4
Governance Score
75
Transparency Score
85
Program Spending Ratio
0.8%

Board Members and Officers

Current Officers (9)

NameRoleAppointed
Olivia WeatherburnTrustee2024-06-11
Natalie BowieTrustee2023-05-30
Glen HarknessTrustee2021-06-17
Nicola YuileOperations and Administration Coordinator2021-05-31
Turi NgataiTrustee2021-05-24
William McMillanTrustee2021-05-13
Christina HapeTrustee2021-05-05
Sandra ScarrowTrustee2021-05-04
Ralph BeethamChair2021-05-02

Former Officers (5)

  • Cheyenne Wilson — Trustee (departed 2025-06-26)
  • Mark Paine — Board Chair (departed 2023-05-31)
  • Paul Hollings — General Manager (departed 2025-06-27)
  • Prudence Younger — Trustee (departed 2024-06-11)
  • Benjamin Allomes — Trustee (departed 2024-06-11)

Executive Compensation

NameRoleCompensationYear
Paul HollingsGeneral Manager$215,5642025

Similar Charities in Education

EducationIncorporated Society

The Food and Fibre Centre of Vocational Excellence Society Incorporated

CC59312Napier, NapierRegistered 21 Jun 2021
Data updated: 3 days ago
Financials31 Mar 2025Rating3d ago

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

B+
84/100
Financial
88
Governance
75
Transparency
85

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.

  • Government-funding concentration
    98% of latest-year revenue came from government grants — single-stream dependency

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

$4.5M

Expenses

$4.4M

Assets

$2.2M

Staff

2

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

About

Mission

The Food and Fibre CoVE aims to propel the Food & Fibre Sector to a sustainable and prosperous future through an enduring partnership with the Education Sector to ensure excellence in provision for our current and future workforce.

Who We Serve

Beneficiaries
Children / young peopleGeneral public

Key Statistics

Annual Revenue
$4.5M
Total Expenses
$4.4M
Net Assets
$246.3K
Staff
2
employees
Volunteers
0

Financial Trends

Financial Trends (4 Years)

Revenue Breakdown

Expense Breakdown

Verified

Financial Health Dashboard

Cents to the Cause
78c
For every $1 spent, 78c reaches programs
Strong
Sustainability
5.6mo
Could operate 5.6 months with zero revenue
Low reserves
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

4
Score /100
Highly Concentrated
HHI: 9,587
High Concentration: 98% of revenue from Government Grants
Government Grants97.9%
Investment Income1.1%
Other1.0%

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

Peer Comparison

Ranked against 62 peers · Education · $1M – $10M

Rating Score
84
#12/63
Revenue
$4.5M
#16/63
Reserve Months
5.6
#1/63
Surplus
$125K
#23/63
Staff Cost %
22%
#63/63

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

Rating

B+
Score: 84.4/100
Financial
88.4
Governance
75
Transparency
85
Why this grade: Financial 88 × 40% + Governance 75 × 60% = 80 → B+.
View Full Score Breakdown

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Latest Audit

FY2025
4 years of audit history

Contact Details

Address
Napier, Napier

Registration

Registration NumberCC59312
Entity TypeIncorporated Society
Registered21 Jun 2021
StatusRegistered

Sector & Activities

Primary Sector
Education
Activities
Other - Acts an Umbrella body

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: 4 October 2026.