Kai Loa INC FY2022 filing

Tax-deductible

Kaneohe, HI501(c)(3)Since 2004EducationEIN 20-1632545

To build NA kula `o kamakau's success to advance and sustain the hawaiian language and culture.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$35K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
1 of 4
years in the black
Concern: 3 of the last 4 filings show a deficit.
Pt I · Ln 19 · 4 filings
How much reaches the programs?
96%
of spending
Looks good: 96% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$35K
to officers and key staff · 4% of spending
Looks good: leaders' pay is 4% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
2
named funders · $240K
Worth a look: 2 funders name it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$2.6M
liabilities
Worth a look: debts are 58% of assets; over 50% is worth a look.
Pt X · Ln 26
Who oversees it?
5
independent of 5 voting board members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$789K
+22% vs prior year
Spent
$910K
To programs
96%
Net assets
$1.9M
By yearFY2021–FY2024
Revenue
$789K
FY2022▲ +22%
Revenue by fiscal year
FY2021$646K
FY2022$789K
FY2023$1.6M
FY2024$708K
FY2024$660K
Expenses
$910K
FY2022▲ +15%
Expenses by fiscal year
FY2021$792K
FY2022$910K
FY2023$1.2M
FY2024$844K
FY2024$731K
Net assets
$1.9M
FY2022▼ -6%
Net assets by fiscal year
FY2021$2.0M
FY2022$1.9M
FY2023$2.3M
FY2024$2.2M
FY2024$2.1M

From the FY2022 Form 990 (year ending June 2022) · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2011-11-15)
Per the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CKai Loa INC
EINHdr · item D20-1632545
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFDec 2012
Year of formationHdr · item L2004
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CKaneohe, HI
NTEE classificationIRS BMFEducation (B192)
WebsiteHdr · item Jwww.kamakau.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$871K
Management & general4%$39K
Total functional expensesLn 25$910K

Financial health

Is it on solid ground?

Program efficiency
96%
of spending reaches programs
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$4.5M
FY2022▲ +1%
Total assets by fiscal year
FY2021$4.5M
FY2022$4.5M
FY2023$5.0M
FY2024$4.6M
FY2024$4.3M
Total liabilities
$2.6M
FY2022▲ +7%
Total liabilities by fiscal year
FY2021$2.5M
FY2022$2.6M
FY2023$2.6M
FY2024$2.4M
FY2024$2.2M
Revenue less expensesPt I · Ln 19−$120K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$667K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$2.6M
Total net assetsLn 32$1.9M
Months of cash on handcomputed8.8

Statement of Revenue

Part VIII
Contributions & grants$588K · 75%
Other revenue$201K · 25%
Contributions & grants75%$588K
Other revenue25%$201K
Investment income$499
— government grantsLn 1e$407K
Total revenueLn 12$789K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $667K · Operating expenses/yr $910K
8.8 months
Where the money goes
Program services
Program services $871K · Total expenses $910K
96%
Management & General
Management & general $39K · Total expenses $910K
4%
Fundraising
Fundraising $0 · Total expenses $910K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $205K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $588K · Total revenue $789K
75%
Government reliance
Government grants $407K · Total revenue $789K
52%
Earned-income share
Program service revenue $0 · Total revenue $789K
0%
Investment reliance
Investment income $499 · Total revenue $789K
+0.06%
Program self-sufficiency
Program service revenue $0 · Total expenses $910K
0%
Growth & trend
Revenue growth (YoY)
This year $789K · Prior year $646K
+22%
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $789K · Expenses $910K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
—
Net-asset ratio
Net assets $1.9M · Total assets $4.5M
42%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ivy K Kelling · Reported title EXECUTIVE DI · Highest reported compensation $35K · Total expenses $910K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $132K · Total expenses $910K
14%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%——
Overhead ratio 4%——
Fundraising cost ratio 0%——
Revenue growth 22%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$35,243Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director Fro
$0Pt VII · Sec A

Ivy K Kelling’s $8K as See Schedule is at the 7th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Ivy K Kelling$8,497$19,948$36,468$35,243$34,425

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Promotes Hawaiian language and culture to ensure the success of Na Kula `o Kamakau.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $538K of program spending, described in the organization's own filed words · FY2021.
01

Project hookipapa, a 3-YEAR U.S. Department of health and human services- administration for children and families federal grant. Project hookipapa's goal is to increase the hawaiian language proficiency of instructional staff at ke kula o samuel m.

$222Kprogram expense
02

Kai loa received funding from kamehameha schools and other sources which were passed through to ke kula o samuel m. Kamakau public charter school.

$212Kprogram expense
03

Project lama kukui. The goal of project lama kukui is to raise the health and well-being of the kamakau learning community to the highest possible level. The objectives of lama kukui are, 1) raise awareness and ability for the kamakau community to improve physical and mental health, 2) improve physical and mental health by supporting the…

$104Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$240K
Grants paid · 5 grants · $1.3M · 2020–2024
Ke Kula O Samuel M Kamakau LpcsFY2024$161,632
Ke Kula O Samuel M Kamakau LpcsFY2023$212,630
Ke Kula O Samuel M Kamakau LpcsFY2022$503,611
Ke Kula O Samuel M Kamakau LpcsFY2021$211,639
Ke Kula O Samuel M Kamakau LpcsFY2020$219,793

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $708K$844K-55% 990 PDF
FY2023 $1.6M$1.2M+98% 990 PDF
FY2022 Viewing $789K$910K+22% 990 PDF
FY2021 $646K$792K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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