Malie Foundation

Nonprofit profile at a glance

EIN
205148091
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Kapaa, HI, USA
Phone
8086511868
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$137,299
Expenses
$114,128
Assets
$142,706

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

Leadership & pay

3 people listed

Executive titles in this filing

  • WILBERT KOA TAI HOOK (President)
  • IWALANI KAAUWAI-HERROD (Vice President)

People named in this filing

  • WILBERT KOA TAI HOOK (President)
  • IWALANI KAAUWAI-HERROD (Vice President)
  • 'AULL'L HERROD (Secretary)

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

Promote educate, preserve and perpetuate the Hawaiian culture

What it reported doing in 2024

The mission of the Malie Foundation shall be to provide events that educate, promote, preserve and perpetuate the Hawaiian culture through its various activities for all people

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 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.9%; rating input score 72
  • Program expense ratio: 86.5%; rating input score 87

Transparency & Controls

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

Sustainability

  • Operating margin: 16.9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.25; rating input score 67; 67th 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: 36% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 15% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 71.9% of revenue deployed · 86.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $99K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.