Pakini Loan Fund
Nonprofit profile at a glance
- EIN
- 923039687
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023
- Location
- Waianae, HI, USA
- Phone
- 8084584093
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $102,310
- Expenses
- $1,484
- Assets
- $459,265
- Liabilities
- $333,551
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOSPEH LAPILIO (PRESIDENT)
People named in this filing
- JOSPEH LAPILIO (PRESIDENT)
- ANNIE FERRERIRA (TREASURER)
- VERNA LANDORD (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The pakini loan fund's mission is to provide responsible, flexible financing to underserved borrowers, supporting sustainable economic growth, financial resilience, and long-term community impact. Through disciplined lending and borrower-centric programs, pakini aims to bridge capital gaps while promoting prudent financial stewardship.
What it reported doing in 2023
Curates small business knowledge to support development initiatives to the community pakini serves. Communicating their needs to pakini, staff will then support the client with access to resources, create actionable plans and provide regular check-in to monitor and support client progress.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Sustainability: 85
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.5%; rating input score 1
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 98.5%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 309.48; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0.73; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 1.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $1K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.