Id8 EIN 90-0813920 Form 990 (PDF) Claim this org

Id8 FY2022 filing

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Fosters ideation and expression to create positive impacts. For fiscal year 2022 it reported $305K in revenue, $491K in expenses, and $415K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Honolulu, HI
Website
id8.org
Filings
6 on file (2019–2022)
Revenue
$305KFY2022
Expenses
$491K
Net assets
$415K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  90-0813920 Public charity (501(c)(3)) Honolulu, HI
Form 990 (PDF)
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Size
<$100K
What they do
Fosters ideation and expression to create positive impacts.
Leadership
Dennis Burns · Director · $30K
Money in and out
$305K revenue, $491K expenses
Bottom line
60% program efficiency
Where the money goes · FY2022
Total revenue
$305K
Pt VIII · Ln 12
Total expenses
$491K
Pt IX · Ln 25
Net assets
$415K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$186K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.40
Program efficiency
60%
of spending reaches programs
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-61%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$305K
FY2022▼ -12%
Expenses
$491K
FY2022▲ +101%
Total assets
$967K
FY2022▼ -15%
Total liabilities
$552K
FY2022▲ +8%
Total revenue
$305K
Pt VIII · Ln 12
Total expenses
$491K
Pt IX · Ln 25
Net assets
$415K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$186K
Total assetsPt X · Ln 16$967K
Program-expense ratioPt IX · col B60%
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 CId8
EINHdr · item D90-0813920
Principal addressHdr · item CHonolulu, HI
WebsiteHdr · item Jid8.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFFeb 2013

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 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$29,683Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Dennis Burns’s $30K as Director is at the 68th percentile of top reported officer pay among 113 <$100K youth 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 · 2 named individuals · Part VII

NameFY2022FY2021FY2020
Dennis Burns$29,683$7,510
Dennis Burns$367

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 $289K of program spending, described in the organization's own filed words · FY2022.
01

Project shaka is a movement to share aloha with the world through the shaka gesture. As part of this program, ID8 is producing a feature-length documentary on the origin, history and meaning of the shaka gesture. The film was in full production through 2022, shooting 45 interviews at various locations on the island of oahu.

$104Kprogram expense
02

Bizzyb is an innovation app that features a library of entrepreneurial experiences for students grades 7-12. A project based learning platform. It teaches positive business values and provides students with the framework to transform ideas into entrepreneurial reality. The platform was used for online hackathons during the covid pandemic.

$94Kprogram expense
03

ID8 studios as a digital media soundstage hosted 54 productions including commercial advertising, music video, podcasts, independent films, interviews, auditions, casting, costume fittings and product photography. Approximately 60% involved the use of a large green screen installed in the space.

$91Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$208K · 68%
Program service revenue$97K · 32%
Contributions & grants68%$208K
Program service revenue32%$97K
Other revenue$312
Total revenueLn 12$305K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.40
Program services60%$297K
Management & general40%$194K
Total functional expensesLn 25$491K

Balance Sheet

Part X · end of year
CashLn 1$35K
Total assetsLn 16$967K
Total liabilitiesLn 26$552K
Total net assetsLn 32$415K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $35K · Operating expenses (Pt IX) $491K · Less non-cash grants $300 · Cash operating expenses/yr $491K
0.9 months
Where the money goes
Program services
Program services $297K · Total expenses $491K
60%
Management & General
Management & general $194K · Total expenses $491K
40%
Fundraising
Fundraising $0 · Total expenses $491K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $8 · Solicited contributions (3-yr avg) $163K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $208K · Total revenue $305K
68%
Government reliance
Government grants — · Total revenue $305K
Earned-income share
Program service revenue $97K · Total revenue $305K
32%
Investment reliance
Investment income $0 · Total revenue $305K
0%
Program self-sufficiency
Program service revenue $97K · Total expenses $491K
20%
Growth & trend
Revenue growth (YoY)
This year $305K · Prior year $346K
-12%
Net-asset trend (YoY)
End of year $415K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $305K · Expenses $491K
-61%
Liabilities-to-Assets
Total liabilities — · Total assets $967K
Net-asset ratio
Net assets $415K · Total assets $967K
43%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $967K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dennis Burns · Reported title DIRECTOR · Highest reported compensation $30K · Total expenses $491K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $491K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 40%
Fundraising cost ratio 0%
Revenue growth -12%
Legal fee ratio 1%
Accounting fee ratio 2%

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 · FY2023
Total grants receivedfrom 1 funder$30

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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)$72K revenue · ⤓ 990 PDF
FY2023$74K revenue · ⤓ 990 PDF
FY2022$305K revenue · viewing · ⤓ 990 PDF
FY2021$346K revenue · ⤓ 990 PDF
FY2020$164K revenue · ⤓ 990 PDF
FY2019$85K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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