Score Breakdown
The Wellington Regional Stadium Trust Incorporated · Arts & Culture
69.5 / 100
Next grade: B- (0.5 points away)
Why this grade?
The overall grade C+ (69.5/100) is computed from three component scores, weighted by the charity’s funding mix, then reduced by any red-flag penalties.
Read alongside the composite — surfaces disclosure quality, not weighted into the headline grade.
Red-flag penalties (−10 points)
- Medium (-10) — Annual return discloses 2 related-party loans totalling $40,000,000 on non-arm's-length terms (latest FY 2021-06-30) — may warrant trustee review.
Component Scores
Financial
Governance
Transparency
The financial score is a 3-year weighted blend (60% latest / 30% prior / 10% prior-prior) for operating charities, so single-year anomalies don’t dominate. Efficiency here is based on manually-categorised program vs admin expenses. Methodology →
Profile Completeness
13 / 13 items100% complete
How to improve your rating
Submit accurate financial breakdown
The charity's expense breakdown has not been manually verified. Submitting an accurate program/admin/fundraising expense split from audited financial statements unlocks the efficiency score and restores full financial weighting.
Introduce board term limits
Term limits ensure regular board renewal and prevent entrenchment. A typical policy is 3 terms of 3 years.
Establish an audit committee
An audit committee provides financial oversight and strengthens accountability. At least 2-3 board members with financial literacy.
Establish a finance committee
A finance committee improves budgeting, investment oversight, and financial planning.
Adopt a conflict of interest policy
A documented conflict of interest policy protects the charity and its beneficiaries. Required for good governance.
Adopt a whistleblower policy
A whistleblower protection policy encourages reporting of misconduct and demonstrates transparency commitment.
Adopt a remuneration policy
A formal remuneration policy ensures fair and transparent pay decisions for staff and executives.
Red Flags
Annual return discloses 2 related-party loans totalling $40,000,000 on non-arm's-length terms (latest FY 2021-06-30) — may warrant trustee review.
-10 points
Data sourced from Charities Services register and 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.