Palama Settlement

Nonprofit profile at a glance

EIN
990074140
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Honolulu, HI, USA
Phone
8088453945
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Delinquency Prevention

Official website

Reported finances

Revenue
$3,913,025
Expenses
$3,348,609
Assets
$5,876,297
Liabilities
$279,564

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

Leadership & pay

24 people listed

Executive titles in this filing

  • DR GLENN MEDEIROS (BOARD PRESIDENT)
  • ANTONET BARUT (BOARD FIRST VICE-PRESIDENT)
  • JARED KASHIWABARA (BOARD SECOND VICE-PRESIDENT)
  • TIM GILLASPIE (BOARD THIRD VICE-PRESIDENT)
  • DAVID TSUDA (FORMER BOARD PRESIDENT)
  • SAM AIONA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SAM AIONA (EXECUTIVE DIRECTOR): $176,956 total reported compensation
  • GWEN HONJO (DEPUTY DIRECTOR AND FINANCE ADMIN): $112,491 total reported compensation
  • LECELY ANCHETA (HR AND BUSINESS OFFICE MANAGER): $87,244 total reported compensation

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

Overview

Mission

Established in 1896, palama settlement is a non profit, community-based social service agency serving the kalihi and palama neighborhoods by offering a wide range of educational, recreational, athletic, cultural, social, health, and community building programs. Our mission is to partner with those who have the greatest needs in our community, empowering them to enhance their well-being through education, health and recreation.

What it reported doing in 2024

In continuation of the above services, we also provide a pakolea youth sports program, kitchen services, and our scholarship program under our education department. Palama settlement also offers a complete aquatic program to the community. Besides adult lap swims and recreational swimming, we offer a variety of programs, like senior aquarobic classes, swim lessons for ages 6 months to adult, a master swim team and scuba lessons activities are available. Palama pakolea youth sports were only able to provide flag football, basketball, and volleyball to the youth of the kalihi-palama area. During the summer, palama settlement provided daily hot lunches to its summer enrichment program and to other youth program participants.in 2023 palama settlement together with hilopaa family to family, inc. Launched "career camp". The primary goal of this project was to assist in implementing priorities such as employment and career readiness, college preparation for youth and youth adults. This six-week program hosted 18 participants.palama settlement was able to provide lunches and snacks at no cost to its participants due to its location in an area with significant concentrations of low-income children. Palama settlement continued our palama scholarships program. This funding account is comprised of bequeaths, donations, and grants that allow palama settlement to help students pursue their post-high dreams through financial support.

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 95% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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: 60
  • Transparency & Controls: 72
  • Accountability: 95
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.8%; rating input score 60
  • Program expense ratio: 66.8%; rating input score 67
  • Fundraising efficiency: $11.36 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 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: 14.4%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 11.2%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 25th percentile among comparable filings

Details

  • Where the money goes: 59.8% of revenue deployed · 66.8% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $177K · 24 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.