Ho'oma'a Foundation EIN 85-2510197 Form 990 (PDF) Claim this org

Ho'oma'a Foundation

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Preserves and shares Hawaiian culture and values from mountains to sea. For fiscal year 2025 it reported $205K in revenue, $268K in expenses, and $84K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Waianae, HI
Website
hoomaa.org
Filings
4 on file (2021–2025)
Revenue
$205KFY2025
Expenses
$268K
Net assets
$84K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-2510197 Public charity (501(c)(3)) Waianae, HI
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves and shares Hawaiian culture and values from mountains to sea.
Leadership
Brian Keaulana · President
Money in and out
$205K revenue, $268K expenses
Bottom line
93% program efficiency
Where the money goes · FY2025
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$84K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$62K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate▼ -53% vs prior filing year
Surplus margin
-30%
revenue over expenses, this year▲ +30% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$205K
FY2025▲ +22%
Expenses
$268K
FY2025▲ +11%
Total assets
$88K
FY2025▼ -40%
Total liabilities
$4K
FY2025▲ +418%
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$84K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$62K
Total assetsPt X · Ln 16$88K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHo'oma'a Foundation
EINHdr · item D85-2510197
Principal addressHdr · item CWaianae, HI
WebsiteHdr · item Jhoomaa.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 BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $247K of program spending, described in the organization's own filed words · FY2024.
01

To perpetuate and promote the hawaiian culture and values through interaction from mauka to makai through the annual buffalo big board surfing classic.

$217Kprogram expense
02

The ho'oma'a wa'a invitational is a invitational 4-MAN canoe surfing contest.

$19Kprogram expense
03

Rell sunn educational fund which is a non-profit organization who holds the menehune surf contest.

$11Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$137K · 67%
Program service revenue$68K · 33%
Contributions & grants67%$137K
Program service revenue33%$68K
Total revenueLn 12$205K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$248K
Management & general7%$19K
Total functional expensesLn 25$268K

Balance Sheet

Part X · end of year
CashLn 1$71K
Total assetsLn 16$88K
Total liabilitiesLn 26$4K
Total net assetsLn 32$84K
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $71K · Operating expenses (Pt IX) $268K · Less non-cash grants $66K · Cash operating expenses/yr $201K
4.2 months
Where the money goes
Program services
Program services $248K · Total expenses $268K
93%
Management & General
Management & general $19K · Total expenses $268K
7%
Fundraising
Fundraising $0 · Total expenses $268K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $173K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $137K · Total revenue $205K
67%
Government reliance
Government grants — · Total revenue $205K
Earned-income share
Program service revenue $68K · Total revenue $205K
33%
Investment reliance
Investment income $0 · Total revenue $205K
0%
Program self-sufficiency
Program service revenue $68K · Total expenses $268K
25%
Growth & trend
Revenue growth (YoY)
This year $205K · Prior year $168K
+22%
Revenue CAGR
FY2020 $27K · FY2024 $205K
+66%
Net-asset trend (YoY)
End of year $84K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $205K · Expenses $268K
-30%
Liabilities-to-Assets
Total liabilities — · Total assets $88K
Net-asset ratio
Net assets $84K · Total assets $88K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $88K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brian Keaulana · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $268K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $268K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 22%

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 · FY2024
Total grants receivedfrom 1 funder$5K

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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
FY2025 (Latest)$205K revenue · viewing · ⤓ 990 PDF
FY2024$168K revenue · ⤓ 990 PDF
FY2023$252K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$27K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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