The Koru 2002 TrustHealth Charity in Auckland

The Koru 2002 Trust is a Trust charity in the Health sector, based in Auckland, Auckland. Annual revenue: $0.5M NZD. Financial data as at March 2025.

Mission: To research health and social service issues and to develop culturally appropriate education and training resources for Pacific nation people residing in Aotearoa, New Zealand.

Registration Number
CC46996
Charity Type
Trust
Registration Date
2011-06-29
Status
Active
Sector
Health
Location
Auckland, Auckland
Email
korutrust1@gmail.com
Data as at
March 2025

Financial Summary

Total Revenue
$0.5M NZD
Total Expenses
$0.5M NZD
Total Assets
$0.2M NZD
Net Assets
$-0.0M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
5
Volunteers
1
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$0.5M$0.5M$-0.0M
2024$0.5M$0.5M$-0.0M
2023$0.1M$0.1M$-0.0M
2022$0.2M$0.2M$-0.0M
2021$0.0M$0.1M$-0.0M
2020$0.1M$0.1M-
2019$0.0M$0.0M-
2018$0.1M$0.1M$0.0M
2017$0.3M$0.3M$0.0M
2016$0.3M$0.4M$-0.1M

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (7)

  • Catherine ManningChair
  • David MarshChair (departed 2019-09-01)
  • Maureen MartinTrustee
  • Andrew CowanTrustee (departed 2019-09-01)
  • Tawera NikauTrustee (departed 2017-04-01)
  • Iani NemaniTrustee (departed 2026-01-31)
  • Phil CribbTrustee (departed 2026-06-30)

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The Koru 2002 Trust

CC46996Auckland, AucklandRegistered 29 Jun 2011
Data updated: 1 Sept 2026
Financials31 Mar 2025Ratingyesterday

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

NR
Not ratedStructural balance-sheet — standard template does not apply

This charity has reported liabilities exceeding assets for two or more consecutive years. That pattern is common and structural for retirement villages (occupation-right-agreement bonds recorded as liabilities), iwi treaty-settlement vehicles (future-obligation accruals), and infrastructure trusts with Crown loan principal — it does not indicate financial distress, but our standard reserve-months scoring template does not apply. The charity's figures are shown above.

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.

  • Small board structure
    2 current officers listed on the register — best-practice boards have 5+ members with separation of duties

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

$535.4K

Expenses

$534.7K

Assets

$171.3K

Staff

5

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

About

Mission

To research health and social service issues and to develop culturally appropriate education and training resources for Pacific nation people residing in Aotearoa, New Zealand.

Key Statistics

Annual Revenue
$535.4K
Total Expenses
$534.7K
Net Assets
$-18.8K
Staff
5
employees
Volunteers
1

Financial Trends

Financial Trends (15 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
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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%
Investment Income0.0%

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

Peer Comparison

Ranked against 140 peers · Health · $100K – $1M

Rating Score
0
#21/141
Revenue
$535K
#21/141
Reserve Months
0.0
#1/141
Surplus
$705
#96/141
Staff Cost %
0%
#1/141

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

Rating

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

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Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC46996
Entity TypeTrust
Registered29 Jun 2011
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated20 May 2002
Registered office
Panama Road, Mt Wellington, Auckland

Sector & Activities

Primary Sector
Health

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: 13 September 2026.