Hualalai Ohana Foundation

Nonprofit profile at a glance

EIN
810570716
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Kailuakona, HI, USA
Phone
8083254701
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$2,154,757
Expenses
$1,872,796
Assets
$8,710,941
Liabilities
$179,946

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

Leadership & pay

14 people listed

Executive titles in this filing

  • BRADLEY CHIPPS (PRESIDENT)

Highest reported compensation

  • NICOLE SCHNITZLER-VERISSIMO (EXECUTIVE DI): $198,072 total reported compensation

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

Overview

Mission

Scholarships and awards are granted to the hualalai community employees, their spouses, and their children. Medical awards cover expenses incurred beyond medical insurance, and educational scholarships are for preschool through college, plus tutoring and work training.

What it reported doing in 2024

Summer microschool pilot program: halau lamaku at kalaemano. In july 2024, 48 keiki participated in a two-week educational summer enrichment program coordinated in partnership with the university of Hawaii 'imiloa astronomy center. Lama signifies "light- or "enlightenment" - evoking learning, knowledge, and understanding. Halau lamaku honors the lama tree, a native dry forest tree that grows in Hawaii and nowhere else in the world. This informal science education/microschool offered place-based enrichment learning for keiki, welcoming young explorers in grades 1-6 to discover Hawaii and strengthen connections to there island home, and to the ahupua'a (land) or ka'upulehu (where hualalai resort is located). Explorers engaged in hands-on activities, crafts, games, outdoor exploration, art and observation grounded in hawaiian culture, science, math and art. Explorers voyaged from deep ocean to deep space, and everything in between. The program was custom-designed to provide social and academic stimulation for local children in a safe environment, inspiring pride, connection and relevance here at hualalai where their parents are employed. The theme for the 2024 camp was "the voyage."

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.4%; rating input score 77
  • Program expense ratio: 86.9%; rating input score 87
  • Fundraising efficiency: $16.06 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 13.1%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 4.65; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 10.9% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 77.4% of revenue deployed · 86.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $198K · 14 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 28/100.