Poipu Beach Foundation Inc

Nonprofit profile at a glance

EIN: 990350383
IRS 990-EZ coverage: 2018–2024
Forms available: Form 990-EZ 2024, Form 990-N 2022
Location: Koloa, HI, USA
Phone: 8086525092
Rating: 73
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Environmental Quality, Protection, and Beautification N.E.C.

Reported finances

Revenue: $15,244
Expenses: $52,986
Assets: $46,300

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

Leadership & pay

4 people listed

Executive titles in this filing

VERONICA LOVESY (PRESIDENT)

People named in this filing

GREG KAMM (VICE PRESIDE)
VERONICA LOVESY (PRESIDENT)
JAMIE SHIGETA (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

Enhance kauai's south shore physical, social & cultural environments

What it reported doing in 2024

Pbf hosts the poipu food & wine festival to highlight the culinary arts department of the kauai community college & kauai's authentic local food. Pbf also hosts the new years eve celebration at poipu beach park.

Operating model

Revenue model: Donor-supported. 89% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 64
Transparency & Controls: 100
Sustainability: 21
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 88.3%; rating input score 88
Program expense ratio: 25.4%; rating input score 25

Transparency & Controls

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

Sustainability

Operating margin: -247.6%; rating input score 4; 4th percentile among comparable filings
Total-asset coverage ratio: 0.87; rating input score 43; 43rd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -9.6% per year; rating input score 0; 28th percentile among comparable filings
Revenue growth: -5.2% per year; rating input score 0; 34th percentile among comparable filings
Asset growth: -15.3% per year; rating input score 0; 13th percentile among comparable filings

Details

Where the money goes: 88.3% of revenue deployed · 25.4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $13K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 7 of 7 current checks pass
Schedules: 3 filed schedules
Filing history: 5 filing years from 2018 to 2024
Contacts: How to reach this organization
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: Program expense ratio scored 25/100.
High — Sustainability: Operating margin scored 4/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
Review — Sustainability: Officer compensation ratio scored 56/100.