Hawaii Public Radio
Overview
Mission
The mission of hawai'i public radio is to serve the people of hawai'i by informing with essential news, inspiring through the power of music and the arts, and connecting through conversations and convenings.
What it reported doing in 2024
Broadcasting news, information and music to the public with programing that is locally produced or obtained from outside sources intended to inform and promote an understanding and appreciation of events & ideas.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 510191809
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Honolulu, HI, USA
- Phone
- 8089558821
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 89
- Accountability: 95
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.8%; rating input score 72
- Program expense ratio: 69.3%; rating input score 69
- Fundraising efficiency: $4.06 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.5%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 14.7%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 71.8% of revenue deployed · 69.3% of spending went to programs
- Governance: 16 of 16 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.7M in reported program spending
- Leadership: top reported pay $332K · 30 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $236K reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 9 annual filings from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Leadership & pay
30 people listed
Highest reported compensation
- JOSE A FAJARDO (PRESIDENT & GM UNTIL 7/31/24): $332,074 total reported compensation
- CATHERINE L GELMAN (VP, CORPORATE RELATIONS UNTIL 5/5/25): $167,379 total reported compensation
- VALERIE BH YEE (VICE PRESIDENT & ASST GENERAL MGR): $149,128 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.