The Early School FY2021 filing

Tax-deductible

Honolulu, HI501(c)(3)Since 1974EducationEIN 99-0155064

Our mission is to provide young children in hawai'I experiences that cultivate their social, emotional, physical, and cognitive development through play, exploration, and connection.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$63K 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

FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $110K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$24K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+30% vs prior year
Spent
$1.1M
To programs
88%
Net assets
$915K
By yearFY2020–FY2024
Revenue
$1.2M
FY2021▲ +30%
Revenue by fiscal year
FY2020$939K
FY2021$1.2M
FY2022$1.4M
FY2023$1.4M
FY2024$1.6M
FY2024$1.4M
Expenses
$1.1M
FY2021▲ +4%
Expenses by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.2M
FY2023$1.3M
FY2024$1.3M
FY2024$1.4M
Net assets
$915K
FY2021▲ +25%
Net assets by fiscal year
FY2020$730K
FY2021$915K
FY2022$1.1M
FY2023$1.2M
FY2024$1.5M
FY2024$1.6M

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1974.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $967K Management & general 12% · $137K

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

Who runs it and what they're paid

11 people listed on the 990; $63K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$63,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Vicki Sato’s $80K as Executive Di is at the 19th percentile of top reported officer pay among 3395 $1–10M 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 · 5 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Vicki Sato$80,375$75,267————
Kira Watanabe—$71,376$40,182———
Stephany Cecil————$63,000—
Giselle-Anne Santana Thru 72022———$58,223——
Frances Dote—————$54,264

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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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 15aYes

Programs and updates

Nurtures children's learning and growth through play-based activities, inspiring early childhood professionals.

Provided by the organization

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2 program services account for $967K of program spending, described in the organization's own filed words · FY2020.
01

The preschool program(for children between 3 and 6 years old) is an emergent curriculum program based on the development needs of children in the areas of physical, intellectual, social, emotional, creative and language developments.

$615Kprogram expense
02

The young children's program (for children 18 months to 3.5 years old)is designed to meet the special needs of toddlers, who are often ready for challenges and experiences beyond home day-care, but still need a small- group environment to thrive and feel secure.

$353Kprogram expense

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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 2 funders$6K
Grants paid · 4 grants · $48K · 2019–2022
Unitemized GrantFY2022$9,342
Unitemized GrantFY2021$22,345
Unitemized GrantFY2020$9,087
Unitemized GrantFY2019$7,570

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.0M
Gifts and grantsLn 1h$155K
Investment incomeLn 3$19K
Money outPt IX
$1.1M
Ln 25
Programscol B$967K
Managementcol C$137K
Owns and owesPt X
$915K
net assets · Ln 32
Cash and savingsLn 1–2$572K
Total assetsLn 16$939K
LiabilitiesLn 26$24K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$155K
Government grantsLn 1e$138K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$19K
Other incomeLn 4–11$6K
Gains on assetsLn 7$11K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$354K
SavingsLn 2$219K
Cash and savings togetherLn 1–2$572K
InvestmentsLn 11–13$331K
Land, buildings, equipmentLn 10c$33K
Other assetsLn 15$1K
Total assetsLn 16$939K
LiabilitiesLn 26$24K
Net assetsLn 32$915K
OperationsPt I, VI
EmployeesI 534
VolunteersI 613
Fiscal year endsHeaderAugust
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 FY21End FY21
Cash and savingsLn 1–2$671K$572K
InvestmentsLn 11–13$240K$331K
Land, buildings, equipmentLn 10c$31K$33K
Total assetsLn 16$944K$939K
LiabilitiesLn 26$214K$24K
Net assetsLn 32$730K$915K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$9K$9K
Pay of current officers, directors and key staffLn 5$61K$61K
Other salaries and wagesLn 7$656K$640K$15K
Pension plan contributionsLn 8$4K$4K$442
Other employee benefitsLn 9$82K$73K$9K
Payroll taxesLn 10$56K$50K$6K
Accounting feesLn 11c$24K$24K
Other fees for servicesLn 11g$8K$7K$316
Office expensesLn 13$15K$15K
OccupancyLn 16$161K$154K$7K
Depreciation, depletion and amortizationLn 22$2K$2K$104
InsuranceLn 23$5K$5K$229
Other expenses (24a–d)Ln 24$23K$22K$420
Total functional expensesLn 25$1.1M$967K$137K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.6M$1.3M$247K$1.5M 990 PDF
FY2023 $1.4M$1.3M$118K$1.2M 990 PDF
FY2022 $1.4M$1.2M$195K$1.1M 990 PDF
FY2021 Viewing $1.2M$1.1M$113K$915K 990 PDF
FY2020 $939K$1.1M−$121K$730K 990 PDF

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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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,216,989 across 8 lines filed
VIII-1e Government grants$137,600
VIII-1f All other contributions, gifts and grants$16,935
VIII-1h Total contributions, gifts and grants$154,535
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $1,038,228$1,038,228
VIII-3 Investment incomeExcluded from tax $7,588$7,588
VIII-7 Net gain or loss on sales of assetsExcluded from tax $10,951$10,951
VIII-8 Net income from fundraising events$5,687
VIII-12 Total revenueExcluded from tax $1,056,767$1,216,989
Part IX · Statement of functional expenses $1,104,477 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $9,087$9,087
IX-5 Pay of current officers, directors and key staffManagement $60,532$60,532
IX-7 Other salaries and wagesPrograms $640,064 · Management $15,447$655,511
IX-8 Pension plan contributionsPrograms $3,725 · Management $442$4,167
IX-9 Other employee benefitsPrograms $73,120 · Management $8,680$81,800
IX-10 Payroll taxesPrograms $49,845 · Management $5,917$55,762
IX-11c Accounting feesManagement $23,859$23,859
IX-11g Other fees for servicesPrograms $7,257 · Management $316$7,573
IX-13 Office expensesManagement $14,577$14,577
IX-16 OccupancyPrograms $154,386 · Management $6,731$161,117
IX-22 Depreciation, depletion and amortizationPrograms $2,389 · Management $104$2,493
IX-23 InsurancePrograms $5,242 · Management $229$5,471
IX-24 Other expenses (24a–d)Programs $22,108 · Management $420$22,528
IX-25 Total functional expensesPrograms $967,223 · Management $137,254 · Fundraising $0$1,104,477
Part X · Balance sheet $939,118 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $452,646$353,644
X-2 Savings and temporary cash investmentsStart of year $218,566$218,662
X-9 Prepaid expenses and deferred chargesStart of year $603$1,287
X-10c Land, buildings and equipment, netStart of year $30,805$33,267
X-11 Publicly traded securitiesStart of year $240,242$331,153
X-15 Other assetsStart of year $1,105$1,105
X-16 Total assetsStart of year $943,967$939,118
X-17 Accounts payable and accrued expensesStart of year $50,322$5,345
X-19 Deferred revenueStart of year $25,680$18,430
X-26 Total liabilitiesStart of year $213,602$23,775
X-27 Net assets without donor restrictionsStart of year $730,365$915,343
X-32 Total net assets or fund balancesStart of year $730,365$915,343
X-33 Total liabilities and net assetsStart of year $943,967$939,118
Part XI · Reconciliation of net assets $915,343 net assets at year end
XI-1 Total revenue$1,216,989
XI-2 Total expenses$1,104,477
XI-3 Revenue less expenses$112,512
XI-4 Net assets at start of year$730,365
XI-5 Net unrealized gains (losses) on investments$72,466
XI-10 Net assets at end of year$915,343

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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