Hawaii Workforce Funders Collaborative FY2024 filing

Tax-deductible

Kapaau, HI501(c)(3)Since 2023EmploymentEIN 93-1412085Revenue $1.6M in FY2024

On file with the IRSPo Box 1628, 96755-1442 · Kapaau, HITax-exempt since Dec 2023Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To strengthen partnerships and systems to provide equitable access to quality, living wage jobs for Hawaii residents.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$105K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $522K a year · 48% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$105K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
26 mo
of spending, in cash
Looks good: 26.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$151K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
Spent
$545K
To programs
80%
Net assets
$1.1M
By yearFY2024–FY2025
Revenue
$1.6M
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2024$1.6M
FY2025$562K
Expenses
$545K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2024$545K
FY2025$571K
Net assets
$1.1M
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2024$1.1M
FY2025$1.0M

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $439K Management & general 15% · $82K Fundraising 5% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

5 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$104,759Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A

Matt Stevens’s $130K as Executive Director is at the 91st percentile of top reported officer pay among 1216 $100K–1M employment 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

NameFY2025FY2024
Matt Stevens$130,000$104,759
Lormona Meredith$107,692—

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 Workforce Funders Collaborative executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects people and systems for fair access to good-paying jobs in Hawaii.

Questions for Hawaii Workforce Funders Collaborative

Tap to ask. Hawaii Workforce Funders Collaborative sees how many people are interested.

Your first name shows with your question. Hawaii Workforce Funders Collaborative answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $439K · in their own filed words · FY2024
01

Strengthen pathways we support programs and partnerships that help residents of hawaii access high-quality training and education aligned with in-demand careers. These initiatives provide individuals with the tools, guidance, and visibility needed to make informed career decisions and succeed in obtaining jobs that offer long-term…

$241Kprogram expense
02

Strengthen communities we collaborate with local organizations to expand access to career opportunities across all islands and communities. Our focus is on ensuring that all learners have the ability to pursue meaningful employment that allows them to stay and thrive in their home communities.

$136Kprogram expense
03

Strengthen systems we work alongside public agencies, nonprofits, and industry partners to improve the effectiveness and coordination of workforce programs in hawaii. By sharing data, aligning goals, and scaling proven practices, we help build a more resilient and responsive statewide workforce system.

$62Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$25K
Grants paid · 5 grants · $394K · 2024–2025
SR PartnersFY2025$35,504
SR PartnersFY2024$38,509

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$83
Money outPt IX
$545K
Ln 25
Programscol B$439K
Managementcol C$82K
Fundraisingcol D$25K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$151K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$83
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$174K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$151K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$0$1.2M
LiabilitiesLn 26$0$151K
Net assetsLn 32$0$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$274K$274K
Pay of current officers, directors and key staffLn 5$105K$63K$31K$10K
Other salaries and wagesLn 7$69K$41K$21K$7K
Pension plan contributionsLn 8$6K$4K$2K$636
Other employee benefitsLn 9$19K$11K$6K$2K
Payroll taxesLn 10$18K$11K$5K$2K
Legal feesLn 11b$2K$2K
Other fees for servicesLn 11g$30K$18K$9K$3K
Office expensesLn 13$3K$1K$1K$197
TravelLn 17$12K$12K
Conferences, conventions and meetingsLn 19$4K$4K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$4K$0$4K$0
Total functional expensesLn 25$545K$439K$82K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $562K$571K−$9K$1.0M 990 PDF
FY2024 Viewing $1.6M$545K$1.1M$1.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,597,981 revenue, 12 lines filed
I-8 Contributions and grants$1,597,898
I-9 Program service revenue$0
I-10 Investment income$83
I-11 Other revenue$0
I-12 Total revenuePrior year $0$1,597,981
I-13 Grants and similar amounts paid$273,509
I-14 Benefits paid to members$0
I-15 Salaries and benefits$216,440
I-16a Professional fundraising fees$0
I-17 Other expenses$55,495
I-18 Total expensesPrior year $0$545,444
I-19 Revenue less expensesPrior year $0$1,052,537
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,597,981 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$1,597,898
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$1,597,898
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $83$83
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $83$1,597,981
Part IX · Statement of functional expenses $545,444 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $273,509$273,509
IX-5 Pay of current officers, directors and key staffPrograms $62,855 · Management $31,428 · Fundraising $10,476$104,759
IX-7 Other salaries and wagesPrograms $41,443 · Management $20,722 · Fundraising $6,907$69,072
IX-8 Pension plan contributionsPrograms $3,825 · Management $1,913 · Fundraising $636$6,374
IX-9 Other employee benefitsPrograms $11,222 · Management $5,611 · Fundraising $1,870$18,703
IX-10 Payroll taxesPrograms $10,519 · Management $5,260 · Fundraising $1,753$17,532
IX-11b Legal feesManagement $1,586$1,586
IX-11g Other fees for servicesPrograms $18,050 · Management $9,025 · Fundraising $3,008$30,083
IX-13 Office expensesPrograms $1,182 · Management $1,193 · Fundraising $197$2,572
IX-17 TravelPrograms $11,787$11,787
IX-19 Conferences, conventions and meetingsPrograms $4,378$4,378
IX-23 InsuranceManagement $1,083$1,083
IX-24 Other expenses (24a–d)Programs $0 · Management $4,006 · Fundraising $0$4,006
IX-25 Total functional expensesPrograms $438,770 · Management $81,827 · Fundraising $24,847$545,444
Part X · Balance sheet $1,203,065 assets, 10 lines filed
X-1 Cash, non-interest-bearing$173,866
X-2 Savings and temporary cash investments$1,029,199
X-16 Total assetsStart of year $0$1,203,065
X-17 Accounts payable and accrued expenses$150,528
X-25 Other liabilities$0
X-26 Total liabilitiesStart of year $0$150,528
X-27 Net assets without donor restrictionsStart of year $0$1,052,537
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$1,052,537
X-33 Total liabilities and net assetsStart of year $0$1,203,065
Part XI · Reconciliation of net assets $1,052,537 net assets at year end
XI-1 Total revenue$1,597,981
XI-2 Total expenses$545,444
XI-3 Revenue less expenses$1,052,537
XI-4 Net assets at start of year$0
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,052,537

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.