Waikoloa Resort Association

Nonprofit profile at a glance

EIN
990209390
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Waikoloa, HI, USA
Phone
8088861000
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$3,831,802
Expenses
$3,536,900
Assets
$2,587,853
Liabilities
$360,201

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • SCOTT HEAD (PRESIDENT/DIRECTOR)
  • JOHN PLUNKETT JR (VICE PRESIDENT)

People named in this filing

  • SCOTT HEAD (PRESIDENT/DIRECTOR)
  • MARK GOLDRUP (DIRECTOR)
  • ROBERT OTAKE (TREASURER/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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The exempt purpose for which this association was organized and its primary activities, are to provide for the management, maintenance, protection, preservations, architectual control and development of certain property located in south kohala, island, county and state of Hawaii, paved, landscaped roads, public beach facilities (access road, parking lot, restrooms) and protected sites of native hawaiian archaelogical significance. Total expenses for the year have not been designated as incurred for specific program services within the overall program activities which are so closely related as to be inseparable. All membership revenues are received and all expenses are incurred in the conduct of the exempt activities of the association as described above.

What it reported doing in 2025

Total expenses for the year have not been designated as incurred for specific program services within the overall program activities which are so closely related as to be inseparable. All membership revenues are received and all expenses are incurred in the conduct of the exempt activities of the association as described.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.2%; rating input score 87
  • Program expense ratio: 94.5%; rating input score 95
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.7%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 87.2% of revenue deployed · 94.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $3.3M in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.