The Uilani Fund

Nonprofit profile at a glance

EIN
770552444
IRS 990-EZ coverage
2018–2020
Forms available
Form 990 2017, Form 990-EZ 2020, Form 990-N 2016
Location
Santa Cruz, CA, USA
Phone
8314195279
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Breast Cancer

Official website

Reported finances

Revenue
$11,725
Expenses
$156,288
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • Mindy Goldman MD (Board Co-Chair)
  • Linda Stoick JD (Board Co-Chair)
  • Suzanne Nicholas PhD (Director)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide funding for women with breast cancer for complementary care to improve the quality of life.

What it reported doing in 2020

In 2020 the U'ilani Fund gave away grants for a total of $138,247 to needy women with breast cancer to fund complementary care treatments that enhance their quality of life as they are going through chemo and other cancer treatments. Complementary care such as acupuncture and massage is not typically covered by insurance and so it can be a hardship to those already dealing with the financial burden of cancer. The non-profit was founded in 2001 to honor Marina 'U'ilani' Bermudez, a 41 year old physician from Hawaii, who passed away in June, 2000 in Santa Cruz, CA, after battling breast cancer for 1 1/2 years. During her cancer treatments, she found that complementary care like acupuncture, massage, and Chinese herbs greatly improved her quality of life while she was undergoing chemo. The fund has raised and subsequently given away over $670,000 in grants to over 2,000 women with breast cancer since its inception in 2001. In August of 2020, the Board determined that 20 years of service fully honored Marina U'ilani and COVID and other challenges hindered the Board from continuing operations. The Board then set upon dissolution of the organization and completed this December 31, 2020.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 91% 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. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.6%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1,232.9%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: 38.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -63.8% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -44.4% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $153K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2018 to 2020
  • 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.

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 — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.