Alaka'ina FY2020 filing

Honolulu, HIUnknown exempt organization EIN 46-1958390Revenue $579K in FY2020

On file with the IRSalakaina.org1600 Kapiolani Blvd 530 · Honolulu, HI

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To build and promote leadership and education initiatives.

81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $58K a year · 15% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $101K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$39K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 7 voting members
Worth a look: 2 of 7 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$579K
Spent
$522K
To programs
81%
Net assets
$173K
By yearFY2020–FY2022
Revenue
$579K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$579K
FY2021$191K
FY2022$15K
Expenses
$522K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$522K
FY2021$365K
FY2022Not on file
Net assets
$173K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$173K
FY2021$164
FY2022$0

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $424K Management & general 19% · $99K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer & Director
$0Pt VII · Sec A
President & Director
$0Pt VII · Sec A
Secretary & Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President & Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Alaka'ina executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and promotes leadership and education initiatives.

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Provided by the organization

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1 program · $424K · in their own filed words · FY2020
01

The digital bus program encourages interest in science and technology among underrepresented student populations in grades k-12 on the islands of maui and moloka'I by working to develop the next generation of scientists capable of developing and supporting critical technologies for the future.

$424Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$101K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$579K
Ln 12
Gifts and grantsLn 1h$579K
Money outPt IX
$522K
Ln 25
Programscol B$424K
Managementcol C$99K
Owns and owesPt X
$173K
net assets · Ln 32
Cash and savingsLn 1–2$201K
Total assetsLn 16$212K
LiabilitiesLn 26$39K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$579K
Gains on assetsLn 7$0
Total revenueLn 12$579K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$201K
Cash and savings togetherLn 1–2$201K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$11K
Other assetsLn 15$0
Total assetsLn 16$212K
LiabilitiesLn 26$39K
Net assetsLn 32$173K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$131K$201K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$33K$11K
Total assetsLn 16$164K$212K
LiabilitiesLn 26$47K$39K
Net assetsLn 32$117K$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$194K$180K$14K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$61K$56K$5K
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$49K$49K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$0
Office expensesLn 13$144K$133K$11K
Information technologyLn 14$189$189
RoyaltiesLn 15$0
OccupancyLn 16$16K$16K$240
TravelLn 17$19K$15K$4K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$164$164
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$22K$22K
InsuranceLn 23$807$807
Other expenses (24a–d)Ln 24$16K$16K
Total functional expensesLn 25$522K$424K$99K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $15K$0 990 PDF
FY2021 $191K$365K−$173K$164 990 PDF
FY2020 Viewing $579K$522K$57K$173K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $578,862 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $451,755$578,862
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $451,755$578,862
I-13 Grants and similar amounts paidPrior year $50,447$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $203,347$254,504
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $208,471$267,655
I-18 Total expensesPrior year $462,265$522,159
I-19 Revenue less expensesPrior year −$10,510$56,703
Part VI · Governance 2 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $578,862 across 9 lines filed
VIII-1d Related organizations$473,030
VIII-1f All other contributions, gifts and grants$105,832
VIII-1h Total contributions, gifts and grants$578,862
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$578,862
Part IX · Statement of functional expenses $522,159 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $179,836 · Management $13,995$193,831
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $55,929 · Management $4,744$60,673
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $48,567$48,567
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,200$1,200
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $133,317 · Management $10,698$144,015
IX-14 Information technologyPrograms $189$189
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,239 · Management $240$16,479
IX-17 TravelPrograms $14,874 · Management $3,974$18,848
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $164$164
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $21,864$21,864
IX-23 InsuranceManagement $807$807
IX-24 Other expenses (24a–d)Management $15,522$15,522
IX-25 Total functional expensesPrograms $423,612 · Management $98,547 · Fundraising $0$522,159
Part X · Balance sheet $212,145 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $130,846$201,218
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $32,791$10,927
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $163,637$212,145
X-17 Accounts payable and accrued expensesStart of year $46,981$38,786
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $46,981$38,786
X-27 Net assets without donor restrictionsStart of year $116,656$173,359
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $116,656$173,359
X-33 Total liabilities and net assetsStart of year $163,637$212,145
Part XI · Reconciliation of net assets $173,359 net assets at year end
XI-1 Total revenue$578,862
XI-2 Total expenses$522,159
XI-3 Revenue less expenses$56,703
XI-4 Net assets at start of year$116,656
XI-10 Net assets at end of year$173,359

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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