Hoakalei Charities C/o Akamine Oyadomari & Kosaki Cpas
Nonprofit profile at a glance
- EIN
- 263558965
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Honolulu, HI, USA
- Phone
- 8086899612
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $109,210
- Expenses
- $17,514
- Assets
- $411,548
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- GREG H HIYAKUMOTO (PRESIDENT/DI)
People named in this filing
- GREG H HIYAKUMOTO (PRESIDENT/DI)
- PETER D KWAN (VICE PRESIDE)
- LISA D ENANORIA WIDRLECHNER (TREASURER/SE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To organize and implement fundraising events and activities to benefit charitable causes and in pursuit of such purposes, to make distributions to organizations that qualify as exempt organizations under section 501(c)(3).
What it reported doing in 2024
To bring the 'ewa beach and o'ahu communities together and provide grants to various charitable organizations.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 14
- Transparency & Controls: 100
- Sustainability: 83
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.7%; rating input score 5
- Program expense ratio: 28.5%; rating input score 29
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 84%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 23.5; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 18.1% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 4.7% of revenue deployed · 28.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 5/100.
- High — Financial Efficiency: Program expense ratio scored 29/100.
- High — Growth: Revenue growth scored 0/100.