The People's Fund
Nonprofit profile at a glance
- EIN
- 237250803
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Honolulu, HI, USA
- Phone
- 8085399969
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $1,204,050
- Expenses
- $1,460,708
- Assets
- $8,890,670
- Liabilities
- $18,083
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- NATALIE DEBIASI (PRESIDENT)
Highest reported compensation
- LESLEY MICKY HUIHUI (EXECUTIVE DI): $116,646 total reported compensation
- JONATHAN FISK (TREASURER): $100 total reported compensation
- ASHLEY GALACGAC (SECRETARY): $100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hawai`i people`s fund supports, funds, and amplifies the work of hawai`i- based grassroots organizations challenging systems of oppression.
What it reported doing in 2024
Since 1972, hawai`i people's fund (hpf) has given us all an opportunity to be a part of something bigger than ourselves, bringing together those who want to confidently invest in hawai? I and those actively working towards creating sustainable change. Hpf's community-based strategic philanthropy offers a unique alternative to traditional charitable giving, ensuring support to initiatives that directly address the root causes of social issues and pose new solutions. Hpf's "community giving = community doing" philosophy ensures community engagement at all levels between donors, grantees, and the larger community.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 94
- Accountability: 59
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: $13.98 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 57.1%; rating input score 57; 12th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: -21.3%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 6.09; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 22.2% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 21% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 22.6% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.2% of spending went to programs
- Governance: 4 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $117K · 10 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 85 filed money-flow records
- Related organizations: 46 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.
- Review — Accountability: Independent voting board scored 57/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
- High — Sustainability: Operating margin scored 9/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.