'Iolani School

What it reported doing in 2024

'iolani was founded in 1863 after king kamehameha iv and queen emma set out to establish an anglican church in Hawaii. The school was rooted in three small schools - a lahaina school on the island of maui, st. Alban's college and 'iolani college - formed during Hawaii's monarchy days.the school's campus was once located on the grounds of st. Andrew's cathedral, moved to nu'uanu, and then finally relocated in 1946 to its present 25-acre property. 'iolani was originally an all-boys school, but became co-educational in 1979.today, 'iolani's enrollment has grown to approximately 2,300 students, with roughly 1,500 in grades 7 - 12. There are approximately 480 full-time faculty and staff dedicated to students from diverse backgrounds enrolled in grades k - 12. Roughly 850 part-time or seasonal teachers, aides, coaches, and staff supplement the school's expansive after-school, summer, performing arts, athletic and extracurricular programs. The school's faculty is highly qualified and committed to their students with relational teaching a high priority. Teachers are encouraged to attend conferences either locally or nationally to stay abreast of current and effective pedagogies.'iolani upholds high standards of academic excellence and is considered amongst the educational leaders in Hawaii and around the world. The school maintains a healthy financial portfolio and attempts to keep tuition as low as possible. Tuition covers approximately 75% of the cost of educating a child with investment earnings from the school's endowment and fundraising covering the difference between tuition and the actual cost.'iolani school is a private school, yet serves the public purpose of reaching out to the community, as well as being a resource for other organizations. The school is increasingly becoming more global, as students are connected by technology to other parts of the world.in the summer of 2019, the school's ka'i program celebrated its 10th anniversary of serving underprivileged youth in nearby palolo valley. This program began as a summer program for students attending jarrett middle school, a public school in palolo. Ka'i now includes a summer day care program, after school tutoring during the regular school year, and post-secondary education support.in 2019, 'iolani received a prestigious ee ford foundation educational leadership grant for its aina-informatics network program which aims to provide schools with the tools and resources to teach genome science.in the fall of 2013, the school opened the sullivan center for innovation and leadership, a four-story, 40,000 square foot green designed building offering collaborative learning spaces where students learn to be effective leaders through courses emphasizing empathy, interpersonal communication and real-world problem solving. The building includes a fabrication lab and maker spaces, a library with collaboration rooms, flexible open learning spaces, a wet lab, a media center, a seminar room, and a rooftop garden. The center is also a community resource for various local and national groups.2013-14 was the first year of full implementation of the i-department, which provides students with electives akin to college-level courses that inspire innovation and entrepreneurship. These classes include design and fabrication, ipad app design and development, applied renewable energy systems, robotics, the one-mile class, and video game design. In addition, the school maintains outstanding academic programs in english, world languages (chinese, japanese, spanish, french, latin, hawaiian, and korean), health education, history, mathematics, performing arts, physical education, religion, science and athletics. There is an active student activities office and each april, 'iolani holds a two-day community fair providing an opportunity to raise funds to support student travel initiatives.a residential hall and boarding program, with a capacity for 112 students, opened in the 2018-19 school year. The sc

Financial Efficiency

• Mission deployment rate: 80.6%; rating input score 81
• Program expense ratio: 84.2%; rating input score 84
• Fundraising efficiency: $7.23 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 87.5%; rating input score 88; 34th 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: 8.8%; rating input score 69; 69th percentile among comparable filings
• Total-asset coverage ratio: 4.75; rating input score 84; 84th percentile among comparable filings
• Liabilities to assets ratio: 0.24; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 3%; rating input score 37; 37th percentile among comparable filings

Growth

• Program expense growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 5.1% per year; rating input score 100; 37th percentile among comparable filings