Small Business Hawaii Entrepreneurial

Nonprofit profile at a glance

EIN
261210792
IRS 990 coverage
2010–2010
Forms available
Form 990 2010
Location
Honolulu, HI, USA
Phone
8085918480
Rating confidence
Limited
Sector
Small Business Development

Reported finances

Revenue
$289,136
Expenses
$225,928
Assets
$68,340
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

9 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Foundation is to provide entrepreneurial information, training, and education through publications, radio and television, public meetings, conferences, seminars, and an interactive website in Hawaii.

What it reported doing in 2010

Provided twice weekly regular meetings in Foundation office with those seeking information about starting their own business; Daily telephone/email conversations with entrepreneurs seeking information or assistance with their business financing, organization or expansion; Appeared Jan.-Dec. on local radio and television programs giving business updates, tips and training schedules for entrepreneurs; Presented business climate updates to community organizations (Rotary, Lions, etc.)Supplied business speakers to schools, business and trade associations at their scheduled events; Assisted Junior Achievement of Hawaii with business volunteers and judged Business Hall of Fame inductees; Continued to expand and fund daily business reporting on HawaiiReporter.com and interviews on weekly HR television program, "News Behind the News" on O'lelo, Ch 54; Continued to contribute (news + funding) for the State Capitol Business Reporting Bureau during the 2011 State Legislature, January-May; Sponsored or co-sponsored monthly (Jan.-Nov.) Sunrise business forums and entrepreneurial networking events; Partnered with Hawaii Pacific University Entrepreneurship student programs; Partnered with Grassroot Institute of Hawaii business events programs; Participated in the Annual State Policy Network (SPN) Conference, Cleveland; Completed and expanded two Foundation websites: www.smallbusinesshawaiifoundation and www.educate808 (news about specific educational projects and issues in Hawaii); andSponsored Annual Small Business Awards Banquet, May, Waialae Country Club (175 attendees).

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 64
  • Sustainability: 63
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 25th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.9%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 87; 87th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 9 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $206K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.