OFTB No. 2 Limited — Education Charity in Dunedin

OFTB No. 2 Limited is a Trust charity in the Education sector, based in Dunedin, Dunedin. Annual revenue: $5.1M NZD. Financial data as at December 2025.

OFTB No. 2 Limited is part of the same organisation as OFTB Limited (CC28221). Each registration files its own accounts.

Mission: Have an interest in investment property to earn income to promote the ecclesiastical and educational purposes of Otago Foundation Trust Board (and any other charitable purposes directed by Otago Foundation Trust Board.

Registration Number
CC56780
Charity Type
Trust
Registration Date
2019-06-13
Status
Active
Sector
Education
Location
Dunedin, Dunedin
Email
factor@otagofoundation.co.nz
Data as at
December 2025

Beneficiaries: Other - All

Financial Summary

Total Revenue
$5.1M NZD
Total Expenses
$0.5M NZD
Total Assets
$4.9M NZD
Net Assets
$3.1M NZD
Reserve Months
0.0 months of operating expenses
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$5.1M$0.5M$3.1M
2024$0.2M$0.7M$-1.5M
2023$0.2M$0.5M$-0.9M
2022$0.2M$0.4M$-0.7M
2021$0.2M$0.4M$-0.5M
2020$0.2M$0.3M$-0.3M
2019$0.1M$0.2M$-0.1M

Board Members and Officers

Current Officers (8)

NameRoleAppointed
Stephen TrebilcoDirector2026-02-19
Roslyn BoyesDirector2024-04-01
Stephanie RoseTrustee2023-05-11
Margot SkinnerDirector2022-10-25
Joanne RogersDirector2019-07-18
Barry KelkDirector2019-05-30
Gary WilliamsDirector2019-05-30
Henry Van DykDirector2019-05-30

Former Officers (4)

  • Leslie Green — Director (departed 2022-07-05)
  • Wayne Edwards — Director (departed 2022-12-31)
  • Sandra Goodchild — Director (departed 2026-02-19)
  • Robert Henry — Director (departed 2024-04-01)

Similar Charities in Education

EducationTrust

OFTB No. 2 Limited

CC56780Dunedin, DunedinRegistered 13 Jun 2019
Data updated: 4 days ago
Financials9mo agoRating3d ago

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

NR
Not rated — Subsidiary of a service-delivering parent — see the parent charity's rating

This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.

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 8. 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

$5.1M

Expenses

$521.2K

Assets

$4.9M

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

Subsidiary

Special Entity Type

This organization is a subsidiary or branch of a parent charity.

Relationship: related_entity

About

Mission

Have an interest in investment property to earn income to promote the ecclesiastical and educational purposes of Otago Foundation Trust Board (and any other charitable purposes directed by Otago Foundation Trust Board.

Who We Serve

Beneficiaries
Other - All

Key Statistics

Annual Revenue
$5.1M
Total Expenses
$521.2K
Net Assets
$3.1M

Financial Trends

Financial Trends (7 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
33mo
Could operate 33 months with zero revenue
Over-capitalized
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

8
Score /100
Highly Concentrated
HHI: 9,232
High Concentration: 96% of revenue from Other
Other96.0%
Investment Income4.0%

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

Peer Comparison

Ranked against 37 peers · Education · $1M – $10M

Rating Score
0
#24/38
Revenue
$5.1M
#7/38
Reserve Months
0.0
#1/38
Surplus
$4.6M
#2/38
Staff Cost %
0%
#1/38

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

Rating History

NR
2025
Score: N/A
Financial: 0 | Governance: 20 | Transparency: 65
Current
F
2024
Score: 15.0
Financial: 24 | Governance: 55 | Transparency: 65

Rating

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

Is this your charity?

Claim your profile to view analytics, submit corrections, and improve your rating.

Claim This Profile

Contact Details

Address
Dunedin, Dunedin

Registration

Registration NumberCC56780
Entity TypeTrust
Registered13 Jun 2019
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Incorporated6 Jun 2019
Company #7489437
Registered office
417 Moray Place, Dunedin Central, Dunedin, 9016

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: 29 September 2026.