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Hemic Foundation EIN 84-4070304

Hemic Foundation

EIN  84-4070304 Private foundation / grantmaker Honolulu, HI
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Size
$100K–1M
What they do
A private foundation based in Honolulu, HI. It reported about $206K in revenue for 2024.
Leadership
Faye Bueno · President
Money in and out
$206K revenue, $194K expenses
Bottom line
—

A private foundation based in Honolulu, HI. It reported about $206K in revenue for 2024. For fiscal year 2024 it reported $206K in revenue, $194K in expenses, and $103K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Total assets
103K
deployed as grants and operations
Grants paid
149K
in FY2024
Grants made
46grants
total in period
Payout rate
145%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 46 grants · $149K · 2024–2024
Make-A-Wish Foundation of Hawaii INCHI · FY2024$40,000
Kids' Chance of Hawai'iFY2024$10,000
Arthritis Foundation INCGA · FY2024$10,000
Big Brothers Big Sisters Hawaii INCFY2024$7,000
Aloha Council Boy Scouts ofFY2024$5,500
Friends of Hawaii Charities INCOR · FY2024$5,236
Hawaii Meals on Wheels INCHI · FY2024$5,000
Hale Kipa INCHI · FY2024$5,000
American Heart Association INCTX · FY2024$5,000
Waikiki Community CenterHI · FY2024$4,500
Girl Scouts of HawaiiHI · FY2024$4,500
YWCA of OahuFY2024$4,000
Goodwill Industries of Hawaii INCHI · FY2024$4,000
Manoa Valley TheatreFY2024$3,500
Domestic Violence Action CenterHI · FY2024$3,500
Crimestoppers Honolulu INCFY2024$3,000
Chinatown Community FoundationFY2024$2,700
Alzheimer's AssociationFY2024$2,550
See all 46 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV27
Average grantPart XV$3K
Median grantPart XV$1K
Largest grantPart XV$40K
Top cause focusNTEEHuman Services (9%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$206K
FY2024▼ -10%
Expenses
$194K
FY2024▼ -14%
Total assets
$103K
FY2024▲ +13%
Total liabilities
$90
FY2024
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Total assetsPt II$103K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHemic Foundation
EINHdr · item D84-4070304
Principal addressHdr · item CHonolulu, HI
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M20)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Faye Bueno
President
$0Pt VII · Sec A
Tammy Teixeira
Vice Preside
$0Pt VII · Sec A
Paul Naso
Secretary/Tr
$0Pt VII · Sec A
Martin Welch
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hemic Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$104K · 51%
Other revenue$102K · 49%
Contributions & grants51%$104K
Other revenue49%$102K
Total revenueLn 12$206K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.77 Operating & administrative $0.23
Grants & contributions paid77%$149K
Operating & administrative23%$45K
Total functional expensesLn 25$194K

Balance Sheet

Part X · end of year
CashLn 1$103K
Total assetsLn 16$103K
Total liabilitiesLn 26$90
Total net assetsLn 32$103K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $103K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $206K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $206K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $206K · Prior year $228K
-10%
Revenue CAGR
FY2020 $81K · FY2024 $206K
+26%
Net-asset trend (YoY)
End of year $103K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $206K · Expenses $194K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $103K
—
Net-asset ratio
Net assets $103K · Total assets $103K
100%
People & payroll
Highest Reported Total Compensation
Individual Faye Bueno · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $194K
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -10%——

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.

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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)$206K revenue · viewing · ⤓ 990 PDF
FY2023$228K revenue · ⤓ 990 PDF
FY2022$209K revenue · ⤓ 990 PDF
FY2021$196K revenue · ⤓ 990 PDF
FY2020$81K 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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