Kimokeo Foundation EIN 81-0966140 Form 990 (PDF) Claim this org

Kimokeo Foundation

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Preserves Native Hawaiian culture, traditions, language, and Maui's environment through education. For fiscal year 2024 it reported $448K in revenue, $374K in expenses, and $187K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Wailuku, HI
Website
kimokeo.org
Filings
5 on file (2020–2024)
Revenue
$448KFY2024
Expenses
$374K
Net assets
$187K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0966140 Public charity (501(c)(3)) Wailuku, HI
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves Native Hawaiian culture, traditions, language, and Maui's environment through education.
Leadership
Joylynn Paman · Executive Di · $56K
Money in and out
$448K revenue, $374K expenses
Bottom line
85% program efficiency
Where the money goes · FY2024
Total revenue
$448K
Pt VIII · Ln 12
Total expenses
$374K
Pt IX · Ln 25
Net assets
$187K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $74K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate▲ +17% vs prior filing year
Surplus margin
+17%
revenue over expenses, this year▲ +177% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$448K
FY2024▼ -25%
Expenses
$374K
FY2024▼ -33%
Total assets
$1.3M
FY2024▲ ×10
Total liabilities
$1.2M
FY2024▲ ×68
Total revenue
$448K
Pt VIII · Ln 12
Total expenses
$374K
Pt IX · Ln 25
Net assets
$187K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$74K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKimokeo Foundation
EINHdr · item D81-0966140
Principal addressHdr · item CWailuku, HI
WebsiteHdr · item Jkimokeo.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A23)
Ruling yearIRS BMFMar 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$56,000Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Adv
$0Pt VII · Sec A
$0Pt VII · Sec A

Joylynn Paman’s $56K as Executive Di is at the 51st percentile of top reported officer pay among 2213 $100K–1M arts & culture 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

NameFY2024FY2023FY2022FY2021FY2020
Joylynn Paman$56,000$66,000$72,000$55,650$21,800

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 $318K of program spending, described in the organization's own filed words · FY2024.
01

Kimokeo foundation continued its partnership with water tectonics to support their kula ag park produce washing center project which converts reservoir water into clean water. This water is then used to wash agricultural produce being grown at kula ag park. This was supported by a grant from the county of maui's department of agriculture.

$191Kprogram expense
02

Kimokeo foundation, with the generosity of its donors, continued to support the residents of maui in the response and recovery of maui wildfires victims from the tragic event that occurred in august 2023. During 2024, kimokeo foundation also assisted with building new homes for maui wildfire victims.

$78Kprogram expense
03

Kimokeo foundation continued to host its na liko I ka la'I program, which includes hawaiian cultural workshops for hawaiian immersion students and their families. Participants learned about hawaiian cultural practices and made hawaiian crafts while being instructed by hawaiian cultural practitioners in our native indigenous language.

$49Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$369K · 82%
Program service revenue$79K · 18%
Contributions & grants82%$369K
Program service revenue18%$79K
— government grantsLn 1e$142K
Total revenueLn 12$448K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$318K
Management & general15%$56K
Total functional expensesLn 25$374K

Balance Sheet

Part X · end of year
CashLn 1$20K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$187K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20K · Operating expenses/yr $374K
0.7 months
Where the money goes
Program services
Program services $318K · Total expenses $374K
85%
Management & General
Management & general $56K · Total expenses $374K
15%
Fundraising
Fundraising $0 · Total expenses $374K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $253K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $369K · Total revenue $448K
82%
Government reliance
Government grants $142K · Total revenue $448K
32%
Earned-income share
Program service revenue $79K · Total revenue $448K
18%
Investment reliance
Investment income $0 · Total revenue $448K
0%
Program self-sufficiency
Program service revenue $79K · Total expenses $374K
21%
Growth & trend
Revenue growth (YoY)
This year $448K · Prior year $597K
-25%
Revenue CAGR
FY2020 $60K · FY2024 $448K
+66%
Net-asset trend (YoY)
End of year $187K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $448K · Expenses $374K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $187K · Total assets $1.3M
14%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joylynn Paman · Reported title EXECUTIVE DI · Highest reported compensation $56K · Total expenses $374K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $61K · Total expenses $374K
16%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth -25%
Accounting fee ratio 0.6%

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 · FY2025
Total grants receivedfrom 1 funder$6K
Grants paid · 2 grants · $130K · 2023–2023
NA Leo Kalele INCFY2023$120,000
'aha Punana Leo INCHI · FY2023$10,000

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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)$448K revenue · viewing · ⤓ 990 PDF
FY2023$597K revenue · ⤓ 990 PDF
FY2022$231K revenue · ⤓ 990 PDF
FY2021$180K revenue · ⤓ 990 PDF
FY2020$60K revenue · ⤓ 990 PDF

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Sources

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