Imabrightkid Foundation EIN 47-5237929 Form 990 (PDF) Claim this org

Imabrightkid Foundation FY2022 filing

Not yet claimed Claim this org →

Imabrightkid Foundation is an arts and culture nonprofit based in Kaneohe, HI. For fiscal year 2022 it reported $104K in revenue, $96K in expenses, and $45K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Kaneohe, HI
Website
www.imabrightkid.org
Filings
5 on file (2020–2022)
Revenue
$104KFY2022
Expenses
$96K
Net assets
$45K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-5237929 Public charity (501(c)(3)) Kaneohe, HI
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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 Imabrightkid Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
an arts and culture nonprofit
Leadership
Mark M Murakami Esq. · Treasurer
Money in and out
$104K revenue, $96K expenses
Bottom line
91% program efficiency
Where the money goes · FY2022
Total revenue
$104K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$45K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
5.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$104K
FY2022▲ +40%
Expenses
$96K
FY2022▲ +23%
Total assets
$45K
FY2022▲ +19%
Total liabilities
$0
FY2022
Total revenue
$104K
Pt VIII · Ln 12
Total expenses
$96K
Pt IX · Ln 25
Net assets
$45K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$45K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImabrightkid Foundation
EINHdr · item D47-5237929
Principal addressHdr · item CKaneohe, HI
WebsiteHdr · item Jwww.imabrightkid.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFOct 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
Vice President, Exec Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Imabrightkid Foundation executive salaries →

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

Mission & Programs · Part III

Where the work happens

2 program services account for $88K of program spending, described in the organization's own filed words · FY2022.
01

Summer Theatre Arts Program

A four week musical theatre education program at Paliku Theater for grades 3-12. The program culminates in a full scale production including lights, sound and costumes. High school level students receive college credit for their participation through the UH Early College program.

$66Kprogram expense
02

IABK SCHOLARSHIP AWARDS Scholarships awarded to students pursuing degrees in education or the performing arts.

$22Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$55K · 53%
Program service revenue$49K · 47%
Contributions & grants53%$55K
Program service revenue47%$49K
— government grantsLn 1e$25K
Total revenueLn 12$104K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$88K
Management & general9%$9K
Total functional expensesLn 25$96K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$45K
Total liabilitiesLn 26$0
Total net assetsLn 32$45K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $96K
5.7 months
Where the money goes
Program services
Program services $88K · Total expenses $96K
91%
Management & General
Management & general $9K · Total expenses $96K
9%
Fundraising
Fundraising $0 · Total expenses $96K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $446 · Solicited contributions (3-yr avg) $40K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $55K · Total revenue $104K
53%
Government reliance
Government grants $25K · Total revenue $104K
24%
Earned-income share
Program service revenue $49K · Total revenue $104K
47%
Investment reliance
Investment income $0 · Total revenue $104K
0%
Program self-sufficiency
Program service revenue $49K · Total expenses $96K
50%
Growth & trend
Revenue growth (YoY)
This year $104K · Prior year $74K
+40%
Net-asset trend (YoY)
End of year $45K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $104K · Expenses $96K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $45K
Net-asset ratio
Net assets $45K · Total assets $45K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $45K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mark M Murakami ESQ · Reported title TREASURER · Highest reported compensation $0 · Total expenses $96K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $96K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 40%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$50K

Similar Organizations

Closest in mission — by what they do
See all organizations like Imabrightkid Foundation →

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)$233K revenue · ⤓ 990 PDF
FY2023$142K revenue · ⤓ 990 PDF
FY2022$104K revenue · viewing · ⤓ 990 PDF
FY2021$74K revenue · ⤓ 990 PDF
FY2020$67K 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) · FY2022IRS
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

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.