Innovative Young Minds Charitable Trust — Education Charity in Lower Hutt
Innovative Young Minds Charitable Trust is a Charitable Trust charity in the Education sector, based in Lower Hutt, Lower Hutt. Annual revenue: $0.1M NZD. 1 red flag detected. Financial data as at December 2025.
Mission: Innovative Young Minds (IYM) is a Charitable Trust based in Te Awa Kairangi - Lower Hutt. Our goal is to inspire a new generation of female innovators and industry leaders who can respond creatively using STEMM (science, technology, engineering, mathematics and high-tech manufacturing) skills. Women are grossly underrepresented in the STEMM sector and we want to change that. We currently deliver two courses per year; one online that is open to students from right across Aotearoa and one residential that is open to students in the Wellington Region.
- Registration Number
- CC56684
- Charity Type
- Charitable Trust
- Registration Date
- 2019-03-25
- Status
- Active
- Sector
- Education
- Location
- Lower Hutt, Lower Hutt
- info@iym.org.nz
- Data as at
- December 2025
Beneficiaries: Children / young people
Financial Summary
- Total Revenue
- $0.1M NZD
- Total Expenses
- $0.2M NZD
- Total Assets
- $0.1M NZD
- Net Assets
- $0.1M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 2
- Financial Year End
- 2025-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $0.1M | $0.2M | $0.1M |
| 2024 | $0.2M | $0.1M | $0.2M |
| 2023 | $0.1M | $0.1M | $0.1M |
| 2022 | $0.2M | $0.1M | $0.2M |
| 2021 | $0.1M | $0.1M | $0.1M |
| 2020 | $0.1M | $0.0M | $0.1M |
| 2019 | $0.1M | $0.1M | $0.0M |
| 2019 | - | - | - |
Board Members and Officers
Current Officers (6)
| Name | Role | Appointed |
|---|---|---|
| Paul Newsom | Trustee | 2026-06-01 |
| Raquel Jensen | Treasurer & Trustee | 2025-07-10 |
| Darien Montgomerie | Trustee | 2024-06-01 |
| Aleisha Amohia | Trustee | 2023-11-25 |
| James Lamb | Trustee | 2023-03-28 |
| Gaylene Hughes | Chair | 2018-12-20 |
Former Officers (8)
- Zeena Khan — Trustee (departed 2025-05-01)
- Karishma Kumar — Trustee (departed 2022-06-21)
- Fleur Francois — Trustee (departed 2023-11-01)
- Laura Sessions — Advisory Trustee (departed 2021-01-17)
- Anne Ryan — Trustee (departed 2023-09-20)
- Gary Craig — Trustee (departed 2023-02-28)
- Susan Avison — Trustee (departed 2022-12-31)
- Allan Brown — Trustee (departed 2026-08-06)
Funding Sources
- Pelorus Trust — $5,000
- Pub Charity Limited — $4,000
Similar Charities in Education
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- Crossways Community Creche Incorporated — Education
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- Sathya Sai Preschool Rongomai — Education
- Ashburton Kindergarten Association Incorporated — Education
Innovative Young Minds Charitable Trust
Financial data as at December 2025. Sourced from Charities Services register.
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 registerNo chair or presiding role is recorded in the register for this board of 6. 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.
$133.1K
$214.7K
$115.9K
2
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
About
Innovative Young Minds (IYM) is a Charitable Trust based in Te Awa Kairangi - Lower Hutt. Our goal is to inspire a new generation of female innovators and industry leaders who can respond creatively using STEMM (science, technology, engineering, mathematics and high-tech manufacturing) skills. Women are grossly underrepresented in the STEMM sector and we want to change that. We currently deliver two courses per year; one online that is open to students from right across Aotearoa and one residential that is open to students in the Wellington Region.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (8 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
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 152 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.
Rating History
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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.
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