Bella Bond Foundation

Nonprofit profile at a glance

EIN
851388022
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Honolulu, HI, USA
Phone
8082778498
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$121,871
Expenses
$47,366
Assets
$604,102
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JENNIFER BELLA KOGA (PRESIDENT)

People named in this filing

  • JENNIFER BELLA KOGA (PRESIDENT)
  • CHRISTINE BERGERON (SECRETARY)
  • MARIO MISCIOSCIA (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bella bond foundation is a 501(c)(3) nonprofit founded in 2020 in Hawaii to tackle the urgent housing crisis affecting vulnerable populations across the u.s. Our mission began with a focus on widows and orphans and has since expanded to include single mothers and families in need. We provide resources, opportunities, and empowerment to help individuals rebuild their lives and thrive. We believe housing is a human right. Thats why were pioneering the worlds first ai-driven green modular manufacturing plant in texasdesigned to produce sustainable, affordable homes at scale. Through this innovative approach, we not only address housing insecurity but create lasting impact by fostering resilience, restoring belonging, and empowering entire communities. Our vision is to spark a ripple effect of transformationstrengthening families, building communities, and creating a future of dignity, sustainability, and opportunity for generations to come.

What it reported doing in 2024

Kahalu'u nature sanctuary - in 2024, bella bond foundation supported early planning and design for the kahalu'u nature sanctuary, a conservation- based project honoring hawaiian cultural heritage. The initiative protects over 97% of a 6 million sq ft site and includes plans for eco-friendly infrastructure, native farming, and off-grid wellness spaces. Funds covered concept development and visual storytelling to guide future implementation. Village bella bond - community concept and site planning for a future transitional eco-village dedicated to providing affordable, sustainable homes. Includes design services and photorealistic renderings. Texas condominium housing project - in 2024, bella bond foundation funded architectural concept planning for a 200-unit condominium project in Texas. Originally envisioned as student housing, the project was restructured in 2025 to allow greater flexibility in serving a broader population. The property is intended to provide future revenue or impact that will directly support the bella bond foundations mission, including housing, outreach, and reinvestment in community programs. Texas modular housing manufacturing plant - administrative support and early conceptual planning for a future high-speed modular home production facility in Texas. This project supports the foundations goal of scaling affordable housing production across the u.s. Florida hotel project (cape coral) - bella bond foundation contributed to the early development of a hotel in partnership with milton hotel resort inc., including architectural design and business planning. In return, the foundation received two donated shares in the company. While milton hotel resort retains ownership and operates the hotel independently, bella bond foundation receives a share of the financial return from its support. These funds are used to advance the foundations charitable programs, including housing, widow and orphan support, and family assistance.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% 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.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 89
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 25.5%; rating input score 26
  • Program expense ratio: 65.7%; rating input score 66
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 61.1%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 12.75; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 45.3% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -127% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 13.1% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 25.5% of revenue deployed · 65.7% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $31K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 26/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.