philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Webco Foundation FY2020 filing

Tax-deductible

Honolulu, HI501(c)(3)Foundations & Grantmakers EIN 71-0944147Revenue $41K in FY2020

On file with the IRS2840 Mokumoa St, 96819-4401 · Honolulu, HITax-exempt since May 2003Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To provide financial support to organizations or institutions that benefit areas such as human services for the poor or needy, child and youth development, the arts, the environment, the elderly, veterans, domestic violence, culture, humanities, health, sciences, literacy, and any other related fields.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
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
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $39K a year · 35% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
111 mo
of spending, in cash
Looks good: 111.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $35K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$41K
Spent
$92K
To programs
88%
Net assets
$853K
By yearFY2020–FY2024
Revenue
$41K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$41K
FY2021$101K
FY2022$148K
FY2023$185K
FY2024$89K
Expenses
$92K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$92K
FY2021$56K
FY2022$86K
FY2023$60K
FY2024$74K
Net assets
$853K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$853K
FY2021$898K
FY2022$950K
FY2023$1.1M
FY2024$1.1M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2003.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $81K Management & general 12% · $11K

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

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Gregory R Gomes
President/Director
$0Pt VII · Sec A
Jane Takayesu
Sec./Director
$0Pt VII · Sec A
Ronald T Y Choo
Vice Pres./Treasurer/Direc
$0Pt VII · Sec A
See Webco Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds organizations supporting human services, youth, arts, environment, health, and more.

Questions for Webco Foundation

Tap to ask. Webco Foundation sees how many people are interested.

Your first name shows with your question. Webco Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2020
01

Grants given to other 501(c)(3) organizations

Pt IX · col B

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
Leonard Family FoundationFY2024$25K
The Lry Charitable FoundationFY2024$10K
Total grants receivedfrom 2 funders$35K
Grants paid · 10 grants · $278K · 2020–2024
Saint Louis SchoolHI · FY2024$42,000
Hawaii Ag and Culinary AllianceHI · FY2024$10,000
Saint Louis SchoolHI · FY2023$40,000
Saint Louis SchoolHI · FY2022$50,000
Hawaii Food & Wine FestivalFY2022$15,000
Saint Louis SchoolHI · FY2021$40,000
Hawaii Foodbank INCHI · FY2020$69,838
American National Red Cross & Its Constituent Chapters and BranchesDC · FY2020$10,000
Hualalai Ohana FoundationHI · FY2020$1,000
Hospice of North Idaho INCID · FY2020$500

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$41K
Ln 12
Investment incomeLn 3$41K
Gifts and grantsLn 1h$10K
Money outPt IX
$92K
Ln 25
Programscol B$81K
Managementcol C$11K
Owns and owesPt X
$853K
net assets · Ln 32
Cash and savingsLn 1–2$853K
Total assetsLn 16$853K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10K
Investment incomeLn 3$41K
Gains on assetsLn 7$32K
Total revenueLn 12$41K
Assets in detailPt X, end of year
CashLn 1$342K
SavingsLn 2$510K
Cash and savings togetherLn 1–2$853K
Total assetsLn 16$853K
LiabilitiesLn 26$0
Net assetsLn 32$853K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
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$903K$853K
Total assetsLn 16$903K$853K
LiabilitiesLn 26$0$0
Net assetsLn 32$903K$853K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$81K$81K
Investment management feesLn 11f$11K$11K
Other expenses (24a–d)Ln 24$248$248
Total functional expensesLn 25$92K$81K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $89K$74K$15K$1.1M 990 PDF
FY2023 $185K$60K$125K$1.1M 990 PDF
FY2022 $148K$86K$62K$950K 990 PDF
FY2021 $101K$56K$45K$898K 990 PDF
FY2020 Viewing $41K$92K−$51K$853K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $41,410 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $135,650$9,944
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $14,525$41,013
I-11 Other revenuePrior year −$55,542−$9,547
I-12 Total revenuePrior year $94,633$41,410
I-13 Grants and similar amounts paidPrior year $60,000$81,338
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,451$10,786
I-18 Total expensesPrior year $70,451$92,124
I-19 Revenue less expensesPrior year $24,182−$50,714
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $41,410 across 6 lines filed
VIII-1f All other contributions, gifts and grants$9,944
VIII-1h Total contributions, gifts and grants$9,944
VIII-3 Investment incomeRelated to mission $9,294$9,294
VIII-7 Net gain or loss on sales of assetsRelated to mission $20,450 · Unrelated business $11,269$31,719
VIII-8 Net income from fundraising eventsExcluded from tax −$9,547−$9,547
VIII-12 Total revenueRelated to mission $29,744 · Unrelated business $11,269 · Excluded from tax −$9,547$41,410
Part IX · Statement of functional expenses $92,124 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $81,338$81,338
IX-11f Investment management feesManagement $10,538$10,538
IX-24 Other expenses (24a–d)Management $248$248
IX-25 Total functional expensesPrograms $81,338 · Management $10,786 · Fundraising $0$92,124
Part X · Balance sheet $852,683 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $423,593$342,411
X-2 Savings and temporary cash investmentsStart of year $479,804$510,272
X-16 Total assetsStart of year $903,397$852,683
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $903,397$852,683
X-33 Total liabilities and net assetsStart of year $903,397$852,683
Part XI · Reconciliation of net assets $852,683 net assets at year end
XI-1 Total revenue$41,410
XI-2 Total expenses$92,124
XI-3 Revenue less expenses−$50,714
XI-4 Net assets at start of year$903,397
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$852,683

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

Similar organizations you could support · Compare with another nonprofit

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.

Your org? Add context

Made it to the end? Claim this org

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 pay comparisons above.