Lawakua Charitable Fund EIN 47-3731349 Form 990 (PDF) Claim this org

Lawakua Charitable Fund

Not yet claimed Claim this org →

Teaches at-risk youth confidence and discipline through martial arts, offering educational support. For fiscal year 2024 it reported $549K in revenue, $313K in expenses, and $2.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Honolulu, HI
Website
www.lawakua.org
Filings
5 on file (2020–2024)
Revenue
$549KFY2024
Expenses
$313K
Net assets
$2.3M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-3731349 Public charity (501(c)(3)) Honolulu, HI
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Lawakua Charitable Fund claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Teaches at-risk youth confidence and discipline through martial arts, offering educational support.
Leadership
Matthew Levi · President and Chairman of the Board
Money in and out
$549K revenue, $313K expenses
Bottom line
74% program efficiency
Where the money goes · FY2024
Total revenue
$549K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $236K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Program efficiency
74%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
89.5mo
months of highly liquid reserves at operating expense rate▲ +2% vs prior filing year
Surplus margin
+43%
revenue over expenses, this year▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$549K
FY2024+0.1%
Expenses
$313K
FY2024▲ +1%
Total assets
$2.3M
FY2024▲ +3%
Total liabilities
$8K
FY2024▲ +69%
Total revenue
$549K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$236K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLawakua Charitable Fund
EINHdr · item D47-3731349
Principal addressHdr · item CHonolulu, HI
WebsiteHdr · item Jwww.lawakua.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJul 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and Chairman of the Board
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Brenda Whitmarsh’s $64K as Secretary is at the 54th percentile of top reported officer pay among 1993 $100K–1M youth development 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

NameFY2021FY2020
Brenda Whitmarsh$64,050$73,794

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.

See Lawakua Charitable Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $232K of program spending, described in the organization's own filed words · FY2024.
01

Lawakua charitable fund recruits at-risk and low-income children to join its martial arts club. They learn discipline, hard work, self-defense, team collaboration, and respect for others. The organization also uses martial arts to instill confidence, coordination, and structure to guide youth and provide them with educational assistance…

$232Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Investment income$367K · 67%
Contributions & grants$182K · 33%
Investment income67%$367K
Contributions & grants33%$182K
Other revenue$639
Total revenueLn 12$549K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$232K
Management & general26%$81K
Total functional expensesLn 25$313K

Balance Sheet

Part X · end of year
CashLn 1$252K
Total assetsLn 16$2.3M
Total liabilitiesLn 26$8K
Total net assetsLn 32$2.3M
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.3M · Operating expenses/yr $313K
89.5 months
Where the money goes
Program services
Program services $232K · Total expenses $313K
74%
Management & General
Management & general $81K · Total expenses $313K
26%
Fundraising
Fundraising $0 · Total expenses $313K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $387K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $182K · Total revenue $549K
33%
Government reliance
Government grants — · Total revenue $549K
Earned-income share
Program service revenue $0 · Total revenue $549K
0%
Investment reliance
Investment income $367K · Total revenue $549K
+67%
Program self-sufficiency
Program service revenue $0 · Total expenses $313K
0%
Growth & trend
Revenue growth (YoY)
This year $549K · Prior year $549K
+0.1%
Revenue CAGR
FY2020 $480K · FY2024 $549K
+3%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $549K · Expenses $313K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $2.3M
Net-asset ratio
Net assets $2.3M · Total assets $2.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.3M
89%
People & payroll
Highest Reported Total Compensation
Individual Matthew Levi · Reported title PRESIDENT AND CHAIRMAN OF THE BOARD · Highest reported compensation $0 · Total expenses $313K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $96K · Total expenses $313K
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth 0.1%
Investment management fee ratio 0.3%
Accounting fee ratio 10%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 5 funders$63K
See all 5 funders →
Grants paid · 39 grants · $737K · 2020–2024
Unitemized GrantFY2024$97,696
Unitemized GrantFY2024$15,730
Unitemized GrantFY2024$8,350
Unitemized GrantFY2024$1,925
Unitemized GrantFY2024$1,829
Unitemized GrantFY2024$1,283
Unitemized GrantFY2024$1,063
Unitemized GrantFY2024$176
Unitemized GrantFY2023$101,418
Unitemized GrantFY2023$21,650
Unitemized GrantFY2023$10,150
Unitemized GrantFY2023$4,692
Unitemized GrantFY2023$2,186
Unitemized GrantFY2023$1,754
Unitemized GrantFY2023$1,560
Unitemized GrantFY2023$1,415
Unitemized GrantFY2023$1,168
Unitemized GrantFY2022$86,702
See all 39 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Lawakua Charitable Fund →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$549K revenue · viewing · ⤓ 990 PDF
FY2023$549K revenue · ⤓ 990 PDF
FY2022$530K revenue · ⤓ 990 PDF
FY2021$519K revenue · ⤓ 990 PDF
FY2020$480K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.