The Hawaii Pacific Foundation Inc
Nonprofit profile at a glance
- EIN
- 272497099
- IRS 990 coverage
- 2016–2023
- Forms available
- Form 990 2023, Form 990-T 2020, Form 990-N 2015
- Location
- Honolulu, HI, USA
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Engineering and Technology
Reported finances
- Revenue
- $173,736,286
- Expenses
- $73,667,765
- Assets
- $192,684,702
- Liabilities
- $33,526,546
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Christopher Kachouroff (Vice President)
Highest reported compensation
- Edwin Vincent (Chairman): $6,377,921 total reported compensation
- Thomas Ongies (Secretary): $2,955,985 total reported compensation
- Jory Scoville (Treasurer): $1,920,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower hawaiian communities by supporting programs that improve access to opportunities for success to the socio-economically disadvantaged.
What it reported doing in 2023
The Hawaii pacific foundation, inc (hpf) is a native hawaiian organization (nho) founded in may 2010. Nhos are nonprofit community service entities which support the native hawaiian commnity as defined by the small business administration (sba). Deeply rooted in federal law, an nhos purpose it to provide support for the native hawaiian community through its majority ownership and operation of one or more small business 8(a) for-profit firms. The nhos ability to achieve its congressional mandate is, therefore, directly impactedd by the success of its small business 8(a) entities. University of Hawaii west oahuin response to the severe teacher shortage and turnover in disadvantaged school districts has impacted education at all levels, the hoopuliko kuma hou teacher pathway program aims to empower and strengthen the number of teachers who are rooted in their communities and committed to the students in the community. Hpfs contribution to the educational pathway program provide the funding to educate and train students from within these communities. The goal is to return graduates, as teachers, to their communities where they can relate to specific educational needs and understand cultural differences resulting in higher success rates for both teachers and students. Since 2020, hpfs grants supported teacher training through program activities, student mentoring, support services, and work-based learning components. Hawaiian-pacific studies hub pasifika is a new program structured on the belief that a single ocean connects the island peoples of Hawaii and the pacific. Each pacific society is unique in its histories, languages, cultures, literature, arts, social structures, architecture, and contemporary issues. Through the study of hawaiian-pacific peoples and cultures based on ancestral knowledge, innovation, and emphasizing solution-oriented outcomes, graduates develop the critical thinking and cultural awareness skills to place them into sustainable careers.since 2020, hpfs grants were used to establish a scholarship endowment and expand program development. In addition, hpf contributed to the universitys emergency relief fund in response to disruptions from the covid-19 pandemic. Classes shifted from in-person attendance to online and distance learning, requiring students to rely on computers with internet access to continue their studies. Hpfs contribution provided disadvantaged students with computers to allow them to continue their studies uninterrupted during the pandemic. University of Hawaii manoathe vision of the thompson school of social work and public health is to achieve social justice and health equity for the people of Hawaii and citizens in a changing world. Their unique focus is on resolving problems and building resiliency in a culturally diverse world, with specific attention to native hawaiians and indigenous wisdom and perspectives. They are dedicated to providing an academic experience in social work, public health and gerontology. People who benefit from their work are family and neighbors who experience devastating problems of poverty, homelessness, domestic violence; debilitating illnesses such as cancer, heart disease, and dementia; and traumatic natural disasters. The school distinguishes itself as the only higher education unit in the pacific basin region with three programs articulating undergraduate (bsw) and graduate education (msw, ph.d.). Hpfs 2020 grants supported scholarships, off-site and community learning opportunities, student recognition events, and a scholarship endowment fund.in addition, hpf contributed to the school of social work student aid fund in response to disruptions from the covid-19 pandemic and shifts to online and distance learning.Hawaii national guards youth challenge academy trains and mentors 16-18 year old high school drop-outs to become productive citizens. These targeted youth have the greatest risk for substance abuse, teen pregnancy, delinquency, and criminal behavi
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 60
- Accountability: 30
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.3%; rating input score 1
- Program expense ratio: 3%; rating input score 3
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 0th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 25%; rating input score 25; 9th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 57.6%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 2.62; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 40.3% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 35.9% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 45.4% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 1.3% of revenue deployed · 3% of spending went to programs
- Governance: 1 of 4 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.2M in reported program spending
- Leadership: top reported pay $6.4M · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 24 of 26 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 7 filing years from 2016 to 2023
- Contacts: How to reach this organization
- Money network: 46 filed money-flow records
- Related organizations: 59 filed related-organization links
- 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 — Financial Efficiency: Program expense ratio scored 3/100.
- High — Accountability: Independent voting board scored 25/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.