Iwikua EIN 47-5593452 Form 990 (PDF) Claim this org

Iwikua FY2023 filing

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Teaches sustainable farming, wellness, and cultural learning for community growth. For fiscal year 2023 it reported $891K in revenue, $564K in expenses, and $580K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Waimea, HI
Website
www.iwikua.org
Filings
5 on file (2020–2023)
Revenue
$891KFY2023
Expenses
$564K
Net assets
$580K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-5593452 Public charity (501(c)(3)) Waimea, HI
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Teaches sustainable farming, wellness, and cultural learning for community growth.
Leadership
Hanford McCloud · Director
Money in and out
$891K revenue, $564K expenses
Bottom line
66% program efficiency
Where the money goes · FY2023
Total revenue
$891K
Pt VIII · Ln 12
Total expenses
$564K
Pt IX · Ln 25
Net assets
$580K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $327K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.34
Program efficiency
66%
of spending reaches programs
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+37%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$891K
FY2023▲ +50%
Expenses
$564K
FY2023▲ +38%
Total assets
$580K
FY2023▲ +129%
Total liabilities
$0
FY2023
Total revenue
$891K
Pt VIII · Ln 12
Total expenses
$564K
Pt IX · Ln 25
Net assets
$580K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$327K
Total assetsPt X · Ln 16$580K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIwikua
EINHdr · item D47-5593452
Principal addressHdr · item CWaimea, HI
WebsiteHdr · item Jwww.iwikua.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S99)
Ruling yearIRS BMFMar 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Joshua Mori’s $93K as Executive Director is at the 68th percentile of top reported officer pay among 1711 $100K–1M community 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 · 2 named individuals · Part VII

NameFY2024FY2021
Joshua Mori$93,180
Joshua Mori$42,290

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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Mission & Programs · Part III

Where the work happens

3 program services account for $370K of program spending, described in the organization's own filed words · FY2023.
01

Na Mahi Ho'oko A'e is the educational farm program of IWIKUA that focuses on sustainable food production; integrating traditional Hawaiian gardening techniques with modern technology through the operation of our large-scale aquaponics system and in-ground crops.

$181Kprogram expense
02

Iwikua has a holistic view of wellness which integrates cultural connection as well as mental and physical strength. Our community health facility, Makana Training Center (MTC) is open to members each day and also provides weekly group fitness classes.

$120Kprogram expense
03

IWI Camp is focused on integrating important cultural protocols and lessons with Hawaiian language, and implementing ancestral farming methodology and values. In previous years, IWI Camp was focused on cultural exchange between our youth and other indigenous communities.

$69Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$781K · 88%
Program service revenue$110K · 12%
Contributions & grants88%$781K
Program service revenue12%$110K
Investment income$305
Total revenueLn 12$891K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.34
Program services66%$370K
Management & general34%$194K
Total functional expensesLn 25$564K

Balance Sheet

Part X · end of year
CashLn 1$580K
Total assetsLn 16$580K
Total liabilitiesLn 26$0
Total net assetsLn 32$580K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $580K · Operating expenses/yr $564K
12.3 months
Where the money goes
Program services
Program services $370K · Total expenses $564K
66%
Management & General
Management & general $194K · Total expenses $564K
34%
Fundraising
Fundraising $0 · Total expenses $564K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $454K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $781K · Total revenue $891K
88%
Government reliance
Government grants $0 · Total revenue $891K
0%
Earned-income share
Program service revenue $110K · Total revenue $891K
12%
Investment reliance
Investment income $305 · Total revenue $891K
+0.03%
Program self-sufficiency
Program service revenue $110K · Total expenses $564K
19%
Growth & trend
Revenue growth (YoY)
This year $891K · Prior year $595K
+50%
Net-asset trend (YoY)
End of year $580K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $891K · Expenses $564K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $580K
Net-asset ratio
Net assets $580K · Total assets $580K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $580K
0%
People & payroll
Highest Reported Total Compensation
Individual Hanford McCloud · Reported title Director · Highest reported compensation $0 · Total expenses $564K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $280K · Total expenses $564K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 34%
Fundraising cost ratio 0%
Revenue growth 50%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.4%
Fundraising fee ratio 0%

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 · FY2025
Total grants receivedfrom 1 funder$3K

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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)$567K revenue · ⤓ 990 PDF
FY2023$891K revenue · viewing · ⤓ 990 PDF
FY2022$595K revenue · ⤓ 990 PDF
FY2021$233K revenue · ⤓ 990 PDF
FY2020$84K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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