Civic Intelligence

Hawaii Farm Bureau Federation

EIN 23-7055532 • 501(c)5 • Kunia, HI

Profile

The hawaii farm bureau federation, serving as hawaii's voice of agriculture protects, advocates, and advances the social, economic and educational interest of our diverse agricultural community.

PO Box 253Kunia, HI 96759

www.hfbf.org

Siviq Scores

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

Liabilities / Assets

50th percentile

0.01x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2018

Net Margin

51st percentile

7.4%

Higher net margin than 51% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$1,483,950

No earlier filing loaded for comparison.

Liabilities

$10,750

No earlier filing loaded for comparison.

Net Assets

$1,473,200

No earlier filing loaded for comparison.

Revenue

$1,147,137

No earlier filing loaded for comparison.

Expenses

$1,062,380

No earlier filing loaded for comparison.

Net Income

$84,757

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $1,483,950Liabilities 2018: $10,750Net Assets 2018: $1,473,2002018

Highlighted filing

2018

Assets$1,483,950
Liabilities$10,750
Net Assets$1,473,200

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2018: $1,147,137Expenses 2018: $1,062,380Net Income 2018: $84,7572018

Highlighted filing

2018

Revenue$1,147,137
Expenses$1,062,380
Net Income$84,757

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$1.48$0.01$1.47$1.15$1.06$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 16, 2019
Return Version
2017v2.3
Gross Receipts
$1,185,311
Mission and Program Overview

Mission

The hawaii farm bureau federation, serving as hawaii's voice of agriculture protects, advocates, and advances the social, economic and educational interest of our diverse agricultural community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,388,443$1,473,200▲ $84,757
Cash and Non-Interest-Bearing Accounts$1,164,015$1,255,040▲ $91,025
Land, Buildings, and Equipment, Net$226,910$226,910→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,392,925$1,483,950▲ $91,025
Other Assets Total$2,000$2,000→ $0
Liabilities
Other Liabilities$4,482$10,750▲ $6,268
Total Liabilities$4,482$10,750▲ $6,268
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,388,443$1,473,200▲ $84,757
Total Liabilities and Net Assets / Fund Balance$1,392,925$1,483,950▲ $91,025

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$226,910$46,773$273,683
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Warren K WatanabeExecutive DirectorPT$47,040$47,040

Board Members and Trustees

NameTitle
Darren StrandPresident
Doug LukaPresident
John GordinesPresident
Kate HickeyPresident
Cindy GoldsteinVice President
Heidi WatanabeVice President
Lauren AnzaloneVice President
Sherwood ConantVice President
Brandon ShimDirector
Brendan BalthazarDirector
Carver WilsonDirector
Gilbert ArakiDirector
James NakataniDirector
Jamie BartonDirector
Jeff KeithDirector
Jerry OrnellasDirector
Joey SilvaDirector
John GiblinDirector
Kyle CairesDirector
Larry JeftsDirector
Melvin KunitakeDirector
Mike McannDirector
Rodney HaraguchiDirector
Rodrigo BalalaDirector
Roy OyamaDirector
Sandi Kato-klutkeDirector
Stephanie WhalenDirector
Alan TakemotoSecretary
Justin TeixeiraSecretary
Laurie HoSecretary
Stephanie DelmontSecretary
Bruce SchnickerTreasurer
Ryan OyamaTreasurer
Tyler YonemoriTreasurer
Vheissu KefferTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$434,966
Program Service Revenue
$683,034
Investment Income
$6,007
Other Revenue
$23,130
All Other Contributions
$37,130
Change in Net Assets
$84,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$994,518
Salaries, Compensation, and Employee Benefits$47,040
Grants and Similar Amounts Paid$20,822
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$93,486
Current Officers, Directors, Trustees, and Key Employees---$47,040
Fees for Services Other---$37,432
Conferences and Meetings---$32,234
Other Expenses---$28,059
Travel---$14,074
Grants to Domestic Individuals---$14,000
All Other Expenses---$10,912
Office Expenses---$7,507
Occupancy---$7,050
Grants to Domestic Orgs---$6,822
Insurance---$1,848
Information Technology---$552
Total Functional Expenses$0$0$0$1,062,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,304
Fundraising Direct Expenses$38,174
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$61,304$61,304$38,174$23,130
Total Events$61,304$61,304$38,174$23,130
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Payable$10,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization consisted of active member, active member retiree, friends of farmer member, honorary life member and student member. Active member: individual or family who is directly engaged in the agricultural industry who may be either an independent farm producer or be serving as an employee of agricultural business, corporation, cooperative, or association. An active member may also be a person who is employed in a supporting business, in agriculture-related academic activities or in activities that support or promote hawaii's agricultural industries. An active member shall be a member of regularly organized county farm bureaus in the state of hawaii, and has paid the annual hawaii farm bureau federation and american farm bureau federation dues for membership. Active members shall have the rights and privileges of benefits and have the power to hold office and vote indirectly through its voting delegates. A member, individually, has no right to vote and all of the rights of a member to call a special meeting of the members, to receive notice of any meetings of the members and to vote at any meetings of the members shall be vested in the voting delegates; provided, however, that the foregoing shall not affect the voting rights of such member as a member in any county farm bureau. In the case of businesses, corporations, cooperatives, or other such organizations which may contain more than one active farm bureau member, only one active farm bureau member from each organization shall be eligible to serve on the federation board of directors at one time. Active member retiree: person who shall have been an active member for not less than five (5) years and retires from the pursuit of agricultural production for health, medical reasons or by reason of advancing years, and upon application with and approval by the board of directors shall have the full privileges and rights of active members, provided that the dues and assessments shall be paid by the retired member. Active member retirees shall be members of regularly organized county farm bureaus in the state of hawaii. Friends of farmer member: individuals who are interested in the aims and purposes of the hawaii farm bureau federation, who are members of regularly organized county farm bureau in the state of hawaii, and who shall pay annual hawaii farm bureau federation and american farm bureau federation dues. A friend of farmer member shall not have the power to vote or hold office but shall be eligible for the other benefits of the federation. Honorary life member: person upon whom such membership is conferred by a majority of the voting delegates at any annual meeting, following nomination by a county farm bureau or the board of directors of the federation. Honorary life members shall have been members of the county farm bureaus, but shall not be assessed any county farm bureau, hawaii farm bureau federation or american farm bureau federation dues. Honorary life members shall have all the rights and privileges of active members. Student member: high school, undergraduate or graduate students enrolled for at least nine (9) credit hours. Student members shall not be eligible to vote or hold office, but shall be eligible for the other benefits of the federation. Student members may be offered lower dues than other members at the discretion of the board of directors. Student members shall be members of regularly organized county farm bureaus in the state of hawaii.

Form 990, Part VI, Section A, Line 7A

Voting members within their own county farm bureau vote for their county officers who then elect a county representative to serve on hawaii farm bureau federation's board. Board officers are elected annually by house of delegates who are elected by each county farm bureau (each county farm bureau is entitled to one voting delegate for each 20 paid up active members).

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

The form 990 is reviewed and approved by the central organization's executive director prior to filing.

Form 990, Part VI, Section B, Line 12

The county organizations are currently in the process of drafting the conflict of interest policy for adoption. Form 990, part vi, section b, line 13: the county organizations are currently in the process of drafting a whistleblower policy for adoption.

Form 990, Part VI, Section B, Line 15A

The federation's executive committee interviewed and recommended to the full board of directors the hiring and compensation of the central organization's executive director. The federation's full board of directors approved the hire and recommended compensation amount.

Form 990, Part VI, Section C, Line 19

Copy provided upon request.

Filing and Contact Details

Filer

Filer Name
Hawaii Farm Bureau Federation
EIN
23-7055532
Phone
8088482074
Address
PO BOX 253, KUNIA, HI 96759

Signing Officer

Name
Brian Miyamoto
Title
Executive Director
Phone
8088482074
Signed
2019-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Miyamoto
Voting Board Members
30
Independent Board Members
30
Employees
1
Volunteers
407

Preparer

Firm
N&k Cpas Inc
Address
1001 BISHOP ST STE 1700, HONOLULU, HI 96813-3696
Preparer
Michael I Tanaka
Phone
8085242255
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