'iolani School

Tax-deductible

Honolulu, HI501(c)(3)Since 1942EducationEIN 99-0073502Revenue $110.8M in FY2025

On file with the IRSiolani.org563 Kamoku St, 96826-5245 · Honolulu, HITax-exempt since Dec 1942School — 170(b)(1)(A)(ii)

Tell your story. Claim this org

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 7,581 volunteers and 1,328 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
6 of 6
filings with a surplus
Average surplus $12.2M a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
to officers and key staff · 2% of spending
Top officer’s pay higher than 54% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $248K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$114.0M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 24 voting members
Looks good: 21 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$110.8M
+6% vs prior year
Spent
$101.1M
To programs
84%
Net assets
$366.6M
By yearFY2020–FY2025
Revenue
$110.8M
FY2025▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$76.0M
FY2021$96.7M
FY2022$95.4M
FY2023$99.3M
FY2024$104.9M
FY2025$110.8M
Expenses
$101.1M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$71.7M
FY2021$75.3M
FY2022$80.5M
FY2023$87.5M
FY2024$94.3M
FY2025$101.1M
Net assets
$366.6M
FY2025▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$252.6M
FY2021$305.2M
FY2022$274.7M
FY2023$308.1M
FY2024$338.6M
FY2025$366.6M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1942.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $85.1M Management & general 13% · $12.6M Fundraising 3% · $3.4M

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

Something off? Claim to fix it

Who runs it and what they're paid

31 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Head of School, Ex Officio
$625,107Pt VII · Sec A
Chief Financial Officer
$310,136Pt VII · Sec A
Chief Advancement Officer
$280,094Pt VII · Sec A
Associate Head of School
$275,066Pt VII · Sec A
Dean of Studies
$228,257Pt VII · Sec A
Dean of Admissions and Fin Aid
$218,149Pt VII · Sec A
Dean of Residential Programs
$212,998Pt VII · Sec A
Dir of Res Health and Wellness
$206,866Pt VII · Sec A

Timothy R Cottrellthru 63025’s $625K as Head of School, Ex Officio is at the 54th percentile of top reported officer pay among 674 $100M+ education 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Timothy R Cottrell—$643,573$631,526$629,282$569,903$475,324
Timothy R Cottrellthru 63025$625,107—————
Reid Gushiken$310,136$290,316$284,812$261,997$238,185$212,946
Aster Chin—$289,634$278,779$242,528$203,600$192,166
Kimberly Hagi$280,094$257,855$246,654$236,940$241,311$228,978
Melanie Pfingsten$275,066$217,218$213,606$187,903$161,070—
Burl Brown—$238,722$229,267$185,578$170,424$165,357
Michael F Lomuscio$228,257$221,839————

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 'iolani School executive salaries →

On this list? Claim this org

Something off? Claim 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Prepares students for college with a well-rounded education.

Questions for 'iolani School

Tap to ask. 'iolani School sees how many people are interested.

Your first name shows with your question. 'iolani School answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $81.2M · in their own filed words · FY2024
01

'iolani was founded in 1863 after king kamehameha iv and queen emma set out to establish an anglican church in hawaii. The school was rooted in three small schools - a lahaina school on the island of maui, ST.

$70.6Mprogram expense
02

'iolani offers an extensive summer and after school program with reinforcement, enrichment, elective and credit courses. These courses are open to students from all schools and are available on a first come first serve registration basis.

$7.0Mprogram expense
03

'iolani is a member of the interscholastic league of honolulu (ilh). All participants are expected to fulfill all athletic requirements, to display good sportsmanship, and to follow the program set forth by coaches and the athletic department.

$3.6Mprogram 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 · FY2025
See all 5 funders →
Grants paid · 6 grants · $44.7M · 2019–2024
Unitemized GrantFY2024$8,762,915
Unitemized GrantFY2023$8,090,580
Unitemized GrantFY2022$7,566,970
Unitemized GrantFY2021$7,284,855
Unitemized GrantFY2020$7,227,381
Unitemized GrantFY2019$5,797,421

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$110.8M
Ln 12
Fees for servicesLn 2g$75.0M
Gifts and grantsLn 1h$24.3M
Investment incomeLn 3$11.2M
Money outPt IX
$101.1M
Ln 25
Programscol B$85.1M
Managementcol C$12.6M
Fundraisingcol D$3.4M
Owns and owesPt X
$366.6M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$480.6M
LiabilitiesLn 26$114.0M
PeoplePt VI, VII
31
listed · VII A
PaidVII A8
Voting boardVI 1a24
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24.3M
Noncash giftsLn 1g$2.7M
Fundraising eventsLn 1c$230K
Fees for servicesLn 2g$75.0M
Investment incomeLn 3$11.2M
Other incomeLn 4–11$286K
Gains on assetsLn 7$3.2M
Total revenueLn 12$110.8M
Assets in detailPt X, end of year
CashLn 1$49K
SavingsLn 2$3.9M
Cash and savings togetherLn 1–2$4.0M
InvestmentsLn 11–13$286.1M
Land, buildings, equipmentLn 10c$169.5M
Other assetsLn 15$6.6M
Total assetsLn 16$480.6M
LiabilitiesLn 26$114.0M
Net assetsLn 32$366.6M
OperationsPt I, VI
EmployeesI 51,328
VolunteersI 67,581
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$2.5M$4.0M
InvestmentsLn 11–13$284.0M$286.1M
Land, buildings, equipmentLn 10c$135.3M$169.5M
Total assetsLn 16$449.8M$480.6M
LiabilitiesLn 26$111.3M$114.0M
Net assetsLn 32$338.6M$366.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$8.8M$8.8M
Pay of current officers, directors and key staffLn 5$2.8M$789K$1.2M$757K
Pay of disqualified personsLn 6$338K$228K$110K
Other salaries and wagesLn 7$41.7M$37.3M$3.1M$1.3M
Pension plan contributionsLn 8$3.6M$3.4M$232K$6K
Other employee benefitsLn 9$9.8M$9.1M$273K$460K
Payroll taxesLn 10$3.6M$2.8M$881K$2K
Legal feesLn 11b$125K$125K
Accounting feesLn 11c$206K$206K
Investment management feesLn 11f$570K$570K
Other fees for servicesLn 11g$1.2M$1.2M
Advertising and promotionLn 12$84K$84K
Office expensesLn 13$4.9M$4.0M$592K$255K
Information technologyLn 14$926K$926K
OccupancyLn 16$4.0M$3.9M$37K$35K
TravelLn 17$929K$699K$206K$24K
InterestLn 20$1.8M$1.4M$383K$13K
Depreciation, depletion and amortizationLn 22$6.4M$6.3M$78K$78K
InsuranceLn 23$2.5M$2.5M$22K$22K
Other expenses (24a–d)Ln 24$2.9M$2.4M$188K$335K
All other expensesLn 24e$3.8M$588K$3.1M$122K
Total functional expensesLn 25$101.1M$85.1M$12.6M$3.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $110.8M$101.1M$9.7M$366.6M 990 PDF
FY2024 $104.9M$94.3M$10.6M$338.6M 990 PDF
FY2023 $99.3M$87.5M$11.8M$308.1M 990 PDF
FY2022 $95.4M$80.5M$15.0M$274.7M 990 PDF
FY2021 $96.7M$75.3M$21.5M$305.2M 990 PDF
FY2020 $76.0M$71.7M$4.3M$252.6M 990 PDF

More to add? 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 FY2025 990 (6 parts)
Part I · Summary $110,832,276 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,658,298$24,322,749
I-9 Program service revenuePrior year $70,767,744$75,012,523
I-10 Investment incomePrior year $15,206,674$11,210,938
I-11 Other revenuePrior year $297,886$286,066
I-12 Total revenuePrior year $104,930,602$110,832,276
I-13 Grants and similar amounts paidPrior year $8,090,580$8,762,915
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $57,940,910$61,951,038
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $28,255,057$30,376,790
I-18 Total expensesPrior year $94,286,547$101,090,743
I-19 Revenue less expensesPrior year $10,644,055$9,741,533
Part VI · Governance 21 of 24 board members independent, 1 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $110,832,276 across 12 lines filed
Lines not itemized here account for $50,130 of total revenue; see the IRS return.
VIII-1c Fundraising events$230,020
VIII-1d Related organizations$40,000
VIII-1f All other contributions, gifts and grants$24,052,729
VIII-1g Noncash contributions (included above)$2,705,115
VIII-1h Total contributions, gifts and grants$24,322,749
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $75,012,523$75,012,523
VIII-3 Investment incomeExcluded from tax $8,008,110$8,008,110
VIII-6 Net rental income or lossExcluded from tax −$506,880−$506,880
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,202,828$3,202,828
VIII-8 Net income from fundraising eventsExcluded from tax $503,501$503,501
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $239,315$239,315
VIII-12 Total revenueRelated to mission $75,012,523 · Unrelated business $0 · Excluded from tax $11,497,004$110,832,276
Part IX · Statement of functional expenses $101,090,743 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $8,762,915$8,762,915
IX-5 Pay of current officers, directors and key staffPrograms $789,007 · Management $1,240,738 · Fundraising $756,756$2,786,501
IX-6 Pay of disqualified personsPrograms $227,933 · Management $110,399$338,332
IX-7 Other salaries and wagesPrograms $37,308,993 · Management $3,142,644 · Fundraising $1,254,668$41,706,305
IX-8 Pension plan contributionsPrograms $3,401,996 · Management $231,660 · Fundraising $5,833$3,639,489
IX-9 Other employee benefitsPrograms $9,109,952 · Management $272,651 · Fundraising $459,881$9,842,484
IX-10 Payroll taxesPrograms $2,755,040 · Management $881,029 · Fundraising $1,858$3,637,927
IX-11b Legal feesManagement $124,904$124,904
IX-11c Accounting feesManagement $206,052$206,052
IX-11f Investment management feesManagement $569,760$569,760
IX-11g Other fees for servicesManagement $1,194,359$1,194,359
IX-12 Advertising and promotionManagement $84,025$84,025
IX-13 Office expensesPrograms $4,041,397 · Management $592,463 · Fundraising $255,449$4,889,309
IX-14 Information technologyPrograms $926,275$926,275
IX-16 OccupancyPrograms $3,912,788 · Management $36,510 · Fundraising $35,309$3,984,607
IX-17 TravelPrograms $698,894 · Management $205,615 · Fundraising $24,049$928,558
IX-20 InterestPrograms $1,442,513 · Management $382,861 · Fundraising $13,018$1,838,392
IX-22 Depreciation, depletion and amortizationPrograms $6,251,103 · Management $77,765 · Fundraising $77,766$6,406,634
IX-23 InsurancePrograms $2,472,088 · Management $22,269 · Fundraising $22,270$2,516,627
IX-24 Other expenses (24a–d)Programs $2,397,780 · Management $188,316 · Fundraising $335,434$2,921,530
IX-24e All other expensesPrograms $587,705 · Management $3,075,710 · Fundraising $122,343$3,785,758
IX-25 Total functional expensesPrograms $85,086,379 · Management $12,639,730 · Fundraising $3,364,634$101,090,743
Part X · Balance sheet $480,623,645 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $21,229$48,534
X-2 Savings and temporary cash investmentsStart of year $2,495,247$3,929,578
X-3 Pledges and grants receivableStart of year $8,901,024$11,575,260
X-4 Accounts receivableStart of year $265,659$146,280
X-8 Inventories for sale or useStart of year $205,634$176,682
X-9 Prepaid expenses and deferred chargesStart of year $2,530,977$2,538,046
X-10c Land, buildings and equipment, netStart of year $135,324,780$169,543,424
X-11 Publicly traded securitiesStart of year $283,992,197$286,083,487
X-15 Other assetsStart of year $16,104,743$6,582,354
X-16 Total assetsStart of year $449,841,490$480,623,645
X-17 Accounts payable and accrued expensesStart of year $13,435,478$20,469,889
X-19 Deferred revenueStart of year $3,698,189$3,763,018
X-25 Other liabilitiesStart of year $9,358,882$8,190,825
X-26 Total liabilitiesStart of year $111,271,501$113,984,803
X-27 Net assets without donor restrictionsStart of year $234,722,052$284,409,047
X-28 Net assets with donor restrictionsStart of year $103,847,937$82,229,795
X-32 Total net assets or fund balancesStart of year $338,569,989$366,638,842
X-33 Total liabilities and net assetsStart of year $449,841,490$480,623,645
Part XI · Reconciliation of net assets $366,638,842 net assets at year end
XI-1 Total revenue$110,832,276
XI-2 Total expenses$101,090,743
XI-3 Revenue less expenses$9,741,533
XI-4 Net assets at start of year$338,569,989
XI-5 Net unrealized gains (losses) on investments$18,739,956
XI-9 Other changes in net assets−$412,636
XI-10 Net assets at end of year$366,638,842

Form 990 e-file (XML) FY2025 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.

Your org? Add context

Made it to the end? Claim this org

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.