K Mark Takai Foundation

Nonprofit profile at a glance

EIN
824524922
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024, Form 990-T 2024
Location
Honolulu, HI, USA
Phone
8083883687
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$27,421
Expenses
$19,225
Assets
$304,165
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • SAMI TAKAI (PRESIDENT, DIRECTOR)
  • ROSS TAKAI (VICE PRESIDENT, DIRECTOR)

People named in this filing

  • SAMI TAKAI (PRESIDENT, DIRECTOR)
  • ROSS TAKAI (VICE PRESIDENT, DIRECTOR)
  • GARY K KAI (SECRETARY, TREASURER, DIRE)

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

Supporting quality education for all children in Hawaii including the children of our military families and supporting cancer research and cancer awareness.

What it reported doing in 2024

Sponsored the seventh annual transition centers best practices conference in conjunction with the Hawaii department of education, military partners, and the Hawaii business roundtable. The purpose of the conference was to share promising practices and explore resources as a community of support for schools interested in creating, enhancing and sustaining transition centers that support newly enrolled students by providing a stable foundation that promotes academic achievement.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 81
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.4%; rating input score 77
  • Program expense ratio: 93.6%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.9%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 15.82; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -42.1% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 77.4% of revenue deployed · 93.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 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 — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.