Hawaii Executive Collaborative FY2023 filing

Honolulu, HI · Public charity (501(c)(3)) · Community Development

✓ Tax-deductible Latest data FY2023
Revenue
$3.0M
▼ -13% vs prior year
Spent
$2.7M
To programs
85%
Net assets
$892K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Figures match the IRS filing checked 9/2/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
9 funders, incl. Central Pacific Bank Foundation
$550K in the latest grant year.
Spent on programs?
85% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↓ -13% vs prior year
Legal name (IRS)Hdr · item CHawaii Executive Collaborative
EINHdr · item D84-4041099
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2020
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CHonolulu, HI
NTEE classificationIRS BMFCommunity Development (S05)
WebsiteHdr · item Jwww.hec.org

Where the money goes

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%$2.3M
Management & general15%$415K
Total functional expensesLn 25$2.7M

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$3.0M
FY2023▼ -13%
Expenses
$2.7M
FY2023▼ -29%
Program efficiency
85%
of spending reaches programs
Operating runway
2.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.0M
FY2023▲ +34%
Total liabilities
$132K
FY2023▲ +11%
Revenue less expensesPt I · Ln 19$249K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$603K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$132K
Total net assetsLn 32$892K
Months of cash on handcomputed2.7

Statement of Revenue

Part VIII
Contributions & grants$2.4M · 82%
Program service revenue$531K · 18%
Contributions & grants82%$2.4M
Program service revenue18%$531K
Investment income$264
Total revenueLn 12$3.0M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $603K · Operating expenses/yr $2.7M
2.7 months
Where the money goes
Program services
Program services $2.3M · Total expenses $2.7M
85%
Management & General
Management & general $415K · Total expenses $2.7M
15%
Fundraising
Fundraising $0 · Total expenses $2.7M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2.5M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.4M · Total revenue $3.0M
82%
Government reliance
Government grants — · Total revenue $3.0M
—
Earned-income share
Program service revenue $531K · Total revenue $3.0M
18%
Investment reliance
Investment income $264 · Total revenue $3.0M
<0.01%
Program self-sufficiency
Program service revenue $531K · Total expenses $2.7M
20%
Growth & trend
Revenue growth (YoY)
This year $3.0M · Prior year $3.4M
-13%
Net-asset trend (YoY)
End of year $892K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.0M · Expenses $2.7M
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
—
Net-asset ratio
Net assets $892K · Total assets $1.0M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.0M
0%
People & payroll
Highest Reported Total Compensation
Individual Lynelle Marble · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $154K · Total expenses $2.7M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $302K · Total expenses $2.7M
11%
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 -13%——
Investment management fee ratio 0%——
Legal fee ratio 0.03%——
Accounting fee ratio 0.8%——
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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$154,313Pt VII · Sec A
President/Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Lynelle Marble’s $179K as Executive Director is at the 59th percentile of top reported officer pay among 2832 $1–10M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Lynelle Marble$178,937$154,313$137,425$133,333

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 Hawaii Executive Collaborative executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Mobilizes leaders for Hawai'i's safety, wellness, and global importance.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $2.0M of program spending, described in the organization's own filed words · FY2023.
01

Rediscovering Hawai'i's Soul The process of rediscovering Hawai'i's soul is key to addressing the root causes of many of Hawai'i's most enduring challenges. By reimagining a future for Hawai'i that is thriving, inclusive, and honors Hawaiian culture and values, the outlook for our people and our communities will be brighter than ever.

$1.1Mprogram expense
02

Hawaii executive conference hawaii executive conference explores innovative ideas and solutions to strengthen hawaii's future by bringing together thought leaders and decision makers from the islands and beyond.

$791Kprogram expense
03

True Initiative TRUE's mission is to accelerate the adoption of technology in Hawai'i, enabling the state's economy to become more diversified and sustainable, and empowering its workforce to earn higher incomes to build assets and achieve a better quality of life.

$144Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 12 grants · $878K · 2020–2024
Climbhi INCHI · FY2024$50,000
Lele AlohaHI · FY2024$20,000
True InitiativeHI · FY2023$143,619
Climbhi INCHI · FY2023$50,000
Movers and ShakasHI · FY2023$12,585
State of Hawaii Department of EducationFY2022$221,500
Climbhi INCHI · FY2022$37,500
State of Hawaii Department of EducationFY2021$250,000
Climbhi INCHI · FY2021$52,000
Climbhi INCHI · FY2020$25,000

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $2.3M$2.7M-21% 990 PDF
FY2023 Viewing $3.0M$2.7M-13% 990 PDF
FY2022 $3.4M$3.8M+21% 990 PDF
FY2021 $2.8M$2.2M+132% 990 PDF
FY2020 $1.2M$749K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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