Civic Intelligence

The Aloha Foundation Inc

990 • Fiscal year 2020 • EIN 03-6016791

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Refreshing map…

2968 Lake Morey RoadFairlee, VT 05045

(802) 333-3400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.05x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.47x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

10th percentile

-27%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

29th percentile

$174,977

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

12th percentile

-3.9%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-60%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Down

$49,468,810

Down $2,010,186 (-3.9%) from 2019

Net Assets

Up

$47,229,740

Up $1,233,433 (+2.7%) from 2019

Liabilities

Down

$2,239,070

Down $3,243,619 (-59%) from 2019

Revenue

Down

$4,799,395

Down $7,210,801 (-60%) from 2019

Expenses

Down

$6,106,368

Down $4,676,845 (-43%) from 2019

Net Income

Down

-$1,306,973

Down $2,533,956 (-207%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $25,095,227Liabilities 2010: $4,575,857Net Assets 2010: $20,519,3702010Assets 2011: $25,500,646Liabilities 2011: $4,830,742Net Assets 2011: $20,669,9042011Assets 2012: $28,439,605Liabilities 2012: $5,146,570Net Assets 2012: $23,293,0352012Assets 2013: $32,613,601Liabilities 2013: $4,985,886Net Assets 2013: $27,627,7152013Assets 2014: $35,302,607Liabilities 2014: $5,052,644Net Assets 2014: $30,249,9632014Assets 2015: $37,785,731Liabilities 2015: $5,282,351Net Assets 2015: $32,503,3802015Assets 2016: $39,573,775Liabilities 2016: $4,848,159Net Assets 2016: $34,725,6162016Assets 2017: $45,616,231Liabilities 2017: $5,045,485Net Assets 2017: $40,570,7462017Assets 2018: $44,310,964Liabilities 2018: $4,569,279Net Assets 2018: $39,741,6852018Assets 2019: $51,478,996Liabilities 2019: $5,482,689Net Assets 2019: $45,996,3072019Assets 2020: $49,468,810Liabilities 2020: $2,239,070Net Assets 2020: $47,229,7402020Assets 2021: $55,861,935Liabilities 2021: $3,462,903Net Assets 2021: $52,399,0322021Assets 2022: $48,157,689Liabilities 2022: $1,197,809Net Assets 2022: $46,959,8802022Assets 2023: $55,055,705Liabilities 2023: $1,386,516Net Assets 2023: $53,669,1892023Assets 2024: $60,457,562Liabilities 2024: $1,767,930Net Assets 2024: $58,689,6322024

Highlighted filing

2020

Assets$49,468,810
Liabilities$2,239,070
Net Assets$47,229,740

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,333,7322010Expenses 2011: $6,693,3062011Expenses 2012: $6,928,8752012Revenue 2013: $9,430,629Expenses 2013: $7,246,137Net Income 2013: $2,184,4922013Revenue 2014: $10,437,658Expenses 2014: $8,185,014Net Income 2014: $2,252,6442014Revenue 2015: $11,577,196Expenses 2015: $8,530,673Net Income 2015: $3,046,5232015Revenue 2016: $10,403,654Expenses 2016: $8,632,154Net Income 2016: $1,771,5002016Revenue 2017: $10,865,148Expenses 2017: $9,214,096Net Income 2017: $1,651,0522017Revenue 2018: $11,746,269Expenses 2018: $10,141,116Net Income 2018: $1,605,1532018Revenue 2019: $12,010,196Expenses 2019: $10,783,213Net Income 2019: $1,226,9832019Revenue 2020: $4,799,395Expenses 2020: $6,106,368Net Income 2020: -$1,306,9732020Revenue 2021: $11,897,602Expenses 2021: $8,836,249Net Income 2021: $3,061,3532021Revenue 2022: $13,601,476Expenses 2022: $10,541,041Net Income 2022: $3,060,4352022Revenue 2023: $12,272,069Expenses 2023: $11,582,070Net Income 2023: $689,9992023Revenue 2024: $12,308,925Expenses 2024: $11,452,171Net Income 2024: $856,7542024

Highlighted filing

2020

Revenue$4,799,395
Expenses$6,106,368
Net Income-$1,306,973
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$6,343,031
Mission and Program Overview

Mission

The aloha foundation, inc. Is a non-profit educational institution with the objectives of fostering personal growth, self-reliance, self-confidence, cooperation, and a sense of community in people of all ages and backgrounds.

Operation of 4 summer resident camps, a summer day camp & a year-round outdoor education center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$37,324,152$39,519,439▲ $2,195,287
Land, Buildings, and Equipment, Net$8,778,986$8,450,304▼ $328,682
Cash and Non-Interest-Bearing Accounts$503,893$364,995▼ $138,898
Prepaid Expenses and Deferred Charges$123,023$111,120▼ $11,903
Accounts Receivable$3,294,960$99,082▼ $3,195,878
Pledges and Grants Receivable$61,110$11,110▼ $50,000
Inventories for Sale or Use$7,709$1,287▼ $6,422
Total Assets$51,478,996$49,468,810▼ $2,010,186
Other Assets Total$1,385,163$911,473▼ $473,690
Liabilities
Deferred Revenue$4,966,324$984,351▼ $3,981,973
Unsecured Notes Loans Payable-$965,200-
Accounts Payable and Accrued Expenses$516,365$289,519▼ $226,846
Total Liabilities$5,482,689$2,239,070▼ $3,243,619
Net Assets / Fund Balance
Net Assets With Donor Restrictions$28,209,555$33,318,194▲ $5,108,639
Net Assets Without Donor Restrictions$17,786,752$13,911,546▼ $3,875,206
Total Net Assets Fund Balance$45,996,307$47,229,740▲ $1,233,433
Total Liabilities and Net Assets / Fund Balance$51,478,996$49,468,810▼ $2,010,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,217,603$6,649,269$10,866,872
Other Land Buildings$3,367,526$1,281,228$4,648,754
Equipment$865,175$2,652,490$3,517,665

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$31,135,197$1,261,819▲ $3,844,439$354,155$35,887,300
2019$26,315,753$1,307,541▲ $4,980,581$1,468,678$31,135,197
2018$27,346,106$1,482,999▼ $1,352,107$1,161,245$26,315,753
2017$23,498,020$1,669,518▲ $3,353,591$1,175,023$27,346,106
2016$21,605,638$1,497,402▲ $1,073,572$678,592$23,498,020
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessa ReiglerExecutive DirectorFT$139,616$35,361$174,977
Overtree Christopher EExecutive DirectorFT$144,133$24,879$169,012
Ross TimothyChief Financial OfficerFT$132,740$10,944$143,684
Choquette KristinaDirector of OperationsFT$105,606$11,482$117,088

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,393,409
Program Service Revenue
$171,413
Investment Income
$2,232,868
Other Revenue
$1,705
All Other Contributions
$2,393,409
Change in Net Assets
$-1,306,973

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7$297,235Fair Market Value (FMV)
Total Noncash Contributions7$297,235-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,853,553
Revenue Not Reported on Financial Statements
$-54,158
Revenue Not Reported on Form 990
$2,505,310
Other Revenue Adjustments
$-98,783
Total Revenue per Audited Statements
$7,358,863
Total Revenue per Form 990
$4,799,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,903,547
Other Expenses$2,167,725
Total Fundraising Expense$335,152
Grants and Similar Amounts Paid$35,096
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,232,283$1,165,107$129,515$2,526,905
Other Employee Benefits$359,618$245,144$41,940$646,702
Depreciation Depletion$593,371$28,755$2,474$624,600
Current Officers, Directors, Trustees, and Key Employees-$384,477$103,196$487,673
Occupancy$428,689$20,867$1,695$451,251
Payroll Taxes$100,632$124,207$17,428$242,267
Insurance$191,337$9,211$859$201,407
Office Expenses$53,185$30,611$13,892$97,688
All Other Expenses$72,953$22,128$708$95,789
Travel$8,925$49,885$2,011$60,821
Fees for Service Investment Mgmnt Fees-$44,625-$44,625
Grants to Domestic Individuals$35,096--$35,096
Other Expenses$32,633$516$0$33,149
Advertising$19,740$950-$20,690
Interest-$16,767-$16,767
Total Functional Expenses$3,370,069$2,401,147$335,152$6,106,368

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,125,430
Total Expenses per Form 990$6,106,368
Expenses per Audited Statements$6,026,647
Expenses Not Reported on Form 990$98,783
Expenses Not Reported on Financial Statements$79,721
Other Expense Adjustments$35,096
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed before filing by the audit and finance committee of the board of trustees. A copy is also provided to all board members prior to filing .

Form 990, Part VI, Section B, Line 12C

The aloha foundation, inc. Monitors and enforces compliance with the conflict of interest policy by having trustees sign statements yearly indicating any conflicts and using this information when decisions arise that could produce conflicts.

Form 990, Part VI, Section B, Line 15

The aloha foundation, inc. Uses payscale human capital survey information as a basis for recommendations to the board of trustees' personnel committee for the executive director's salary. For key employees the same survey is used. Sometimes other camps are surveyed to look at salary ranges for key positions.

Form 990, Part VI, Section C, Line 18

Forms 990 and 990-t are available upon request or through guidestar

Form 990, Part VI, Section C, Line 19

Currently, the aloha foundation does not make its governing documents or conflict of interest policy available to the public. The financial statements are available for public viewing within the annual report on the aloha foundation website.

Filing and Contact Details

Filer

Filer Name
The Aloha Foundation Inc
EIN
03-6016791
Phone
8023333400
Address
2968 LAKE MOREY ROAD, FAIRLEE, VT 05045

Signing Officer

Name
Vanessa Riegler
Title
Executive Director
Phone
8023333400
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vanessa Riegler
Formed
1968
Legal Domicile
Vt
Voting Board Members
24
Independent Board Members
24
Employees
102
Volunteers
0

Preparer

Firm
Tyler Simms & St Sauveur Cpas Pc
Address
19 MORGAN DRIVE, LEBANON, NH 03766
Preparer
James N Godfrey CPA
Phone
6036530044
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment funds are used for scholarships, for the upkeep of the property, and for the funding of staff leadership salaries.

PART X, LINE 2:

The foundation adopted the accounting methods under fasb asc section 740-10 for uncertain tax positions ("utp") on january 1, 2009. The utp rules prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken in an organization's tax return. The foundation believes that it has appropriate support for the tax positions taken and, as such, does not have any uncertain tax positions that might result in a material impact on the foundation's statements of financial position, activities and changes in net assets and cash flows. The foundation believes it is no longer subject to examinations for years prior to 2017.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Scholarships & discounts -35,096.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

RENTAL EXPENSES -98,783.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 98,783.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarships & discounts 35,096.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01450473
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt035096
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt035096
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02895326
IRS990/GrossReceiptsAmt06343031
IRS990/GrossRentsGrp/RealAmt074641
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt09211
IRS990/InsuranceGrp/ProgramServicesAmt0191337
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IRS990/InterestGrp/ManagementAndGeneralAmt016767
IRS990/InterestGrp/TotalAmt016767
IRS990/InventoriesForSaleOrUseGrp/BOYAmt07709
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01287
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IRS990/InvestmentInJointVentureInd00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ALOHA FOUNDATION, INC. IS A NON-PROFIT EDUCATIONAL INSTITUTION WITH THE OBJECTIVES OF FOSTERING PERSONAL GROWTH, SELF-RELIANCE, SELF-CONFIDENCE, COOPERATION, AND A SENSE OF COMMUNITY IN PEOPLE OF ALL AGES AND BACKGROUNDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0245144
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0359618
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0646702
IRS990/OtherExpensesGrp/Desc0OUTSIDE CONTRACTORS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2FURNITURE AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc3FOOD EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt015050
IRS990/OtherExpensesGrp/FundraisingAmt16286
IRS990/OtherExpensesGrp/FundraisingAmt298
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0228418
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120774
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28705
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3516
IRS990/OtherExpensesGrp/ProgramServicesAmt0169285
IRS990/OtherExpensesGrp/ProgramServicesAmt139507
IRS990/OtherExpensesGrp/ProgramServicesAmt232815
IRS990/OtherExpensesGrp/ProgramServicesAmt332633
IRS990/OtherExpensesGrp/TotalAmt0412753
IRS990/OtherExpensesGrp/TotalAmt166567
IRS990/OtherExpensesGrp/TotalAmt241618
IRS990/OtherExpensesGrp/TotalAmt333149
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/Desc0FACILITY RENTAL
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025847
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt025847

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.5$1.77$58.7$12.3$11.5$0.86
2023Detailed filing. Detailed filing data is available for this year.$55.1$1.39$53.7$12.3$11.6$0.69
2022Detailed filing. Detailed filing data is available for this year.$48.2$1.20$47.0$13.6$10.5$3.06
2021Detailed filing. Detailed filing data is available for this year.$55.9$3.46$52.4$11.9$8.84$3.06
2020Detailed filing. Detailed filing data is available for this year.$49.5$2.24$47.2$4.80$6.11$1.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.5$5.48$46.0$12.0$10.8$1.23
2018Detailed filing. Detailed filing data is available for this year.$44.3$4.57$39.7$11.7$10.1$1.61
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.6$5.05$40.6$10.9$9.21$1.65
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.6$4.85$34.7$10.4$8.63$1.77
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$37.8$5.28$32.5$11.6$8.53$3.05
2014Detailed filing. Detailed filing data is available for this year.$35.3$5.05$30.2$10.4$8.19$2.25
2013Detailed filing. Detailed filing data is available for this year.$32.6$4.99$27.6$9.43$7.25$2.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.4$5.15$23.3$6.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.5$4.83$20.7$6.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$4.58$20.5$6.33
Peer Organizations

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