Civic Intelligence

The Newhouse Inc

EIN 20-0070076 • 501(c)3 • Honolulu, HI

Profile

Provide affordable rental housing for persons with serious mental illnesses.

1221 Kapiolani Blvd Ste 345Honolulu, HI 96814

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.74x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

14.57x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

32nd percentile

-3.2%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

8.5%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$837,613

Down $27,996 (-3.2%) from 2022

Liabilities

Up

$1,461,026

Up $6,562 (+0.5%) from 2022

Net Assets

Down

-$623,413

Down $34,558 (-5.9%) from 2022

Revenue

Up

$100,280

Up $7,847 (+8.5%) from 2022

Expenses

Down

$132,699

Down $13,535 (-9.3%) from 2022

Net Income

Up

-$32,419

Up $21,382 (+40%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2010: $1,203,162Liabilities 2010: $1,385,163Net Assets 2010: -$182,0012010Assets 2011: $1,168,986Liabilities 2011: $1,359,263Net Assets 2011: -$190,2772011Assets 2012: $1,134,162Liabilities 2012: $1,369,339Net Assets 2012: -$235,1772012Assets 2013: $1,102,226Liabilities 2013: $1,378,810Net Assets 2013: -$276,5842013Assets 2014: $1,069,047Liabilities 2014: $1,386,280Net Assets 2014: -$317,2332014Assets 2015: $1,041,897Liabilities 2015: $1,392,127Net Assets 2015: -$350,2302015Assets 2016: $1,014,796Liabilities 2016: $1,403,724Net Assets 2016: -$388,9282016Assets 2017: $996,870Liabilities 2017: $1,357,695Net Assets 2017: -$360,8252017Assets 2018: $954,888Liabilities 2018: $1,351,929Net Assets 2018: -$397,0412018Assets 2019: $935,215Liabilities 2019: $1,378,607Net Assets 2019: -$443,3922019Assets 2020: $900,995Liabilities 2020: $1,391,593Net Assets 2020: -$490,5982020Assets 2021: $869,027Liabilities 2021: $1,404,081Net Assets 2021: -$535,0542021Assets 2022: $865,609Liabilities 2022: $1,454,464Net Assets 2022: -$588,8552022Assets 2023: $837,613Liabilities 2023: $1,461,026Net Assets 2023: -$623,4132023

Highlighted filing

2023

Assets$837,613
Liabilities$1,461,026
Net Assets-$623,413

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $72,671Expenses 2010: $121,390Net Income 2010: -$48,7192010Expenses 2011: $110,8652011Expenses 2012: $116,5332012Expenses 2013: $123,4582013Revenue 2014: $93,362Expenses 2014: $134,011Net Income 2014: -$40,6492014Revenue 2015: $89,695Expenses 2015: $122,692Net Income 2015: -$32,9972015Revenue 2016: $90,367Expenses 2016: $129,065Net Income 2016: -$38,6982016Revenue 2017: $161,559Expenses 2017: $133,456Net Income 2017: $28,1032017Revenue 2018: $92,587Expenses 2018: $128,803Net Income 2018: -$36,2162018Revenue 2019: $89,807Expenses 2019: $136,157Net Income 2019: -$46,3502019Revenue 2020: $92,140Expenses 2020: $139,346Net Income 2020: -$47,2062020Revenue 2021: $92,994Expenses 2021: $137,450Net Income 2021: -$44,4562021Revenue 2022: $92,433Expenses 2022: $146,234Net Income 2022: -$53,8012022Revenue 2023: $100,280Expenses 2023: $132,699Net Income 2023: -$32,4192023

Highlighted filing

2023

Revenue$100,280
Expenses$132,699
Net Income-$32,419

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.84$1.46$0.62$0.10$0.13$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$1.45$0.59$0.09$0.15$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$1.40$0.54$0.09$0.14$0.04
2020Summary only. Only limited summary data is available for this year.$0.90$1.39$0.49$0.09$0.14$0.05
2019Summary only. Only limited summary data is available for this year.$0.94$1.38$0.44$0.09$0.14$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$1.35$0.40$0.09$0.13$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$1.36$0.36$0.16$0.13$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$1.40$0.39$0.09$0.13$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.04$1.39$0.35$0.09$0.12$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.07$1.39$0.32$0.09$0.13$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.38$0.28$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$1.37$0.24$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$1.36$0.19$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$1.39$0.18$0.07$0.12$0.05
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 12, 2023
Return Version
2021v4.2
Gross Receipts
$92,433
Mission and Program Overview

Mission

Provide affordable rental housing for persons with serious mental illnesses.

Own and operate an affordable group home for adults with serious mental illnesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$827,035$793,210▼ $33,825
Savings and Temporary Cash Investments$37,345$42,915▲ $5,570
Accounts Receivable$1,437$21,835▲ $20,398
Cash and Non-Interest-Bearing Accounts$3,210$6,750▲ $3,540
Prepaid Expenses and Deferred Charges-$899-
Total Assets$869,027$865,609▼ $3,418
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,323,900$1,323,900→ $0
Other Liabilities$70,070$112,281▲ $42,211
Accounts Payable and Accrued Expenses$9,152$17,834▲ $8,682
Deferred Revenue$959$449▼ $510
Total Liabilities$1,404,081$1,454,464▲ $50,383
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-535,054$-588,855▼ $53,801
Total Net Assets Fund Balance$-535,054$-588,855▼ $53,801
Total Liabilities and Net Assets / Fund Balance$869,027$865,609▼ $3,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$416,586$899,699$1,316,285
Land$376,300-$376,300
Other Land Buildings$324$3,410$3,734
Compensation and Service Providers

Board Members and Trustees

NameTitle
Melinda YamanagaPresident
Anna KidderPresident (until 6/30/22)
Anna KidderVice President
Claudia CristVice President
Melinda YamanagaVice President (until 6/30/22)
Patrick DuarteVice President (until 6/30/22)
Bradley KuoDirector
Patrick DuarteSecretary
Angela GannonSecretary (until 6/30/22)
Ronald GregorioTreasurer
Alan TamanahaTreasurer (until 6/30/22)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$92,423
Investment Income
$10
Other Revenue
$0
Change in Net Assets
$-53,801

Audited Revenue Reconciliation

Revenue per Audited Statements
$92,433
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$92,433
Total Revenue per Form 990
$92,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$146,234
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$42,106--$42,106
Depreciation Depletion$33,826--$33,826
Occupancy$28,331--$28,331
Fees for Services Other$15,495--$15,495
Fees for Services Accounting-$10,297-$10,297
Insurance$7,127--$7,127
Office Expenses$4,384--$4,384
Other Expenses$14--$14
Total Functional Expenses$135,937$10,297$0$146,234

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$146,234
Total Expenses per Audited Statements$146,234
Total Expenses per Form 990$146,234
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Mental Health Kokua$108,773
Tenant Security Deposit$3,508
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
No
Other officer compensation reviewed
No
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

Form 990 the board president reviews and approves the draft form 990. Other members of the board receive copies of the filed form 990.

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

Board members and officers are required to read and provide a signed statement of their understanding of the organization's conflict of interest policy at least annually. If a potential conflict of interest occurs, it is reviewed and resolved by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization's form 990, governing documents, ocnflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Newhouse Inc
EIN
20-0070076
Phone
8087372523
Address
1221 KAPIOLANI BLVD STE 345, HONOLULU, HI 96814

Signing Officer

Name
Ronald Gregorio
Title
Treasurer
Phone
8087372523
Signed
2023-08-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Melinda Yamanaga
Formed
2003
Legal Domicile
Hi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Kkdly LLC
Address
745 FORT ST STE 2100, HONOLULU, HI 96813
Preparer
Qianying Nichols
Phone
8085213962
Supplemental Narrative

Additional Explanations

Form 990 - Additional Information

Mental health kokua ('mhk"), a tax exempt sec 501(c)(3) organization, acts as managing agent and social service provider for several housing urban developement projects, including the reporting organization. The organization reimburses mhk for expenses incurred on its behalf, and certain mhk board members also serve on the reporting organization's board. See also, schedule r.

Form 990, Part IX, Line 11G

Outside services: program service expenses 15,495. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,495.

FORM 990, PART XII, LINE 2:

The organization's audit of its financial statements is in progress as of 8/12/2023.

FORM 990, PART XII, LINE 3B:

The organization's audit required under single audit act and omb a-133 is in progress as of 8/12/2023.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxation under section 501(c)(3) of the internal revenue code, as well as hawaii state income taxes. As an exempt organization, however, the organization is subject to a tax on unrelated business income. As required by the uncertain tax position guidance in the financial accounting standards board's (the fasb) accounting standards codification topic 740, income taxes, the organization recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position after an audit. The organization has evaluated its tax positions and believes that there are no uncertain tax positions that require adjustments to the financial statements. With few exceptions, the organization is no longer subject to u.s. Federal and state examinations by tax authorities for the years ended september 30, 2018 and prior.

Raw XML AppendixShowing 400 of 615 raw XML fields

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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT (UNTIL 6/30/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT (UNTIL 6/30/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT (UNTIL 6/30/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY (UNTIL 6/30/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER (UNTIL 6/30/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/PrincipalOfficerNm0MELINDA YAMANAGA
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13508
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MENTAL HEALTH KOKUA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSIT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS WELL AS HAWAII STATE INCOME TAXES. AS AN EXEMPT ORGANIZATION, HOWEVER, THE ORGANIZATION IS SUBJECT TO A TAX ON UNRELATED BUSINESS INCOME. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE IN THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE FASB) ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES, THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION AFTER AN AUDIT. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED SEPTEMBER 30, 2018 AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MENTAL HEALTH KOKUA ('MHK"), A TAX EXEMPT SEC 501(C)(3) ORGANIZATION, ACTS AS MANAGING AGENT AND SOCIAL SERVICE PROVIDER FOR SEVERAL HOUSING URBAN DEVELOPEMENT PROJECTS, INCLUDING THE REPORTING ORGANIZATION. THE ORGANIZATION REIMBURSES MHK FOR EXPENSES INCURRED ON ITS BEHALF, AND CERTAIN MHK BOARD MEMBERS ALSO SERVE ON THE REPORTING ORGANIZATION'S BOARD. SEE ALSO, SCHEDULE R.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 THE BOARD PRESIDENT REVIEWS AND APPROVES THE DRAFT FORM 990. OTHER MEMBERS OF THE BOARD RECEIVE COPIES OF THE FILED FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS AND OFFICERS ARE REQUIRED TO READ AND PROVIDE A SIGNED STATEMENT OF THEIR UNDERSTANDING OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY. IF A POTENTIAL CONFLICT OF INTEREST OCCURS, IT IS REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 990, GOVERNING DOCUMENTS, OCNFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 15,495. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,495.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S AUDIT OF ITS FINANCIAL STATEMENTS IS IN PROGRESS AS OF 8/12/2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S AUDIT REQUIRED UNDER SINGLE AUDIT ACT AND OMB A-133 IS IN PROGRESS AS OF 8/12/2023.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ADDITIONAL INFORMATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 3B:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MENTAL HEALTH KOKUA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BIG ISLAND RESIDENTIAL INC

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