Civic Intelligence

Hawaiian Railway Society

EIN 23-7211582 • 501(c)3 • Ewa Beach, HI

Profile

Educate the public and restore the railroad.

PO Box 60369Ewa Beach, HI 96706

www.hawaiianrailway.org

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$51,600

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

7th percentile

-29%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-10%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,127,029

Down $459,699 (-29%) from 2023

Liabilities

Up

$5,712

Up $777 (+16%) from 2023

Net Assets

Down

$1,121,317

Down $460,476 (-29%) from 2023

Revenue

Down

$471,022

Down $54,066 (-10%) from 2023

Expenses

Up

$536,824

Up $17,987 (+3.5%) from 2023

Net Income

Down

-$65,802

Down $72,053 (-1153%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $672,698Liabilities 2011: $2,183Net Assets 2011: $670,5152011Assets 2013: $680,547Liabilities 2013: $2,424Net Assets 2013: $678,1232013Assets 2014: $1,466,432Liabilities 2014: $3,521Net Assets 2014: $1,462,9112014Assets 2015: $1,285,500Liabilities 2015: $2,491Net Assets 2015: $1,283,0092015Assets 2016: $1,829,994Liabilities 2016: $3,131Net Assets 2016: $1,826,8632016Assets 2017: $1,700,606Liabilities 2017: $3,732Net Assets 2017: $1,696,8742017Assets 2018: $1,583,772Liabilities 2018: $8,616Net Assets 2018: $1,575,1562018Assets 2019: $1,317,995Liabilities 2019: $5,711Net Assets 2019: $1,312,2842019Assets 2020: $1,615,573Liabilities 2020: $57,106Net Assets 2020: $1,558,4672020Assets 2021: $1,648,558Liabilities 2021: $12,488Net Assets 2021: $1,636,0702021Assets 2022: $1,629,466Liabilities 2022: $4,913Net Assets 2022: $1,624,5532022Assets 2023: $1,586,728Liabilities 2023: $4,935Net Assets 2023: $1,581,7932023Assets 2024: $1,127,029Liabilities 2024: $5,712Net Assets 2024: $1,121,3172024

Highlighted filing

2024

Assets$1,127,029
Liabilities$5,712
Net Assets$1,121,317

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $237,1752011Revenue 2013: $213,220Expenses 2013: $213,179Net Income 2013: $412013Revenue 2014: $1,099,783Expenses 2014: $312,891Net Income 2014: $786,8922014Revenue 2015: $355,352Expenses 2015: $515,494Net Income 2015: -$160,1422015Revenue 2016: $985,076Expenses 2016: $417,053Net Income 2016: $568,0232016Revenue 2017: $413,815Expenses 2017: $495,250Net Income 2017: -$81,4352017Revenue 2018: $484,423Expenses 2018: $558,334Net Income 2018: -$73,9112018Revenue 2019: $528,320Expenses 2019: $586,132Net Income 2019: -$57,8122019Revenue 2020: $288,091Expenses 2020: $542,433Net Income 2020: -$254,3422020Revenue 2021: $621,773Expenses 2021: $484,265Net Income 2021: $137,5082021Revenue 2022: $465,202Expenses 2022: $454,659Net Income 2022: $10,5432022Revenue 2023: $525,088Expenses 2023: $518,837Net Income 2023: $6,2512023Revenue 2024: $471,022Expenses 2024: $536,824Net Income 2024: -$65,8022024

Highlighted filing

2024

Revenue$471,022
Expenses$536,824
Net Income-$65,802

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 10, 2025
Return Version
2024v5.2
Gross Receipts
$471,022
Mission and Program Overview

Mission

Educate the public and restore the railroad.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$775,822$737,951▼ $37,871
Investments Program Related$644,841$212,881▼ $431,960
Cash and Non-Interest-Bearing Accounts$30,768$43,301▲ $12,533
Savings and Temporary Cash Investments$60,985$37,170▼ $23,815
Inventories for Sale or Use$14,932$20,552▲ $5,620
Total Assets$1,586,728$1,127,029▼ $459,699
Other Assets Total$59,380$75,174▲ $15,794
Liabilities
Accounts Payable and Accrued Expenses$4,935$5,712▲ $777
Total Liabilities$4,935$5,712▲ $777
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,581,793$1,121,317▼ $460,476
Total Net Assets Fund Balance$1,581,793$1,121,317▼ $460,476
Total Liabilities and Net Assets / Fund Balance$1,586,728$1,127,029▼ $459,699

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$375,895$498,974$874,869
Buildings$135,745$112,579$248,324
Land$226,311-$226,311
Investment Program Related Org$212,881--
Other Assets Org$68,674--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Benjamin DelacruzKey EmployeeFT$51,600$51,600

Board Members and Trustees

NameTitle
Robert YatchmenoffPresident/Director
Michael StriderVice President
Jeff LivingtonDirector Historian
Ken RewickDirector of Logistic
Ross StephensonDirector of Public Relation
Virgil RewickDrector at large
Yamamoto KevinDrector of Restoration
Patricia BegoniaSecretary
Cheryl VendtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$64,318
Program Service Revenue
$391,658
Investment Income
$13,522
Other Revenue
$1,524
All Other Contributions
$57,363
Change in Net Assets
$-65,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$331,708
Salaries, Compensation, and Employee Benefits$205,116
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$188,465$0$0$188,465
All Other Expenses$170,559$0$0$170,559
Insurance$34,238$47,239$0$81,477
Depreciation Depletion$0$58,356$0$58,356
Occupancy$16,635$0$0$16,635
Payroll Taxes$16,276$0$0$16,276
Other Expenses$4,681$0$0$4,681
Other Employee Benefits$375$0$0$375
Total Functional Expenses$431,229$105,595$0$536,824
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
No
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
Filing and Contact Details

Filer

Filer Name
Hawaiian Railway Society
EIN
23-7211582
Phone
8086815461
Address
PO BOX 60369, EWA BEACH, HI 96706

Signing Officer

Name
Robert Yatchmenoff
Title
President
Phone
8086815461
Signed
2025-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Yatchmenoff
Formed
1970
Legal Domicile
Hi
Voting Board Members
323
Independent Board Members
315
Employees
11
Volunteers
11

Preparer

Firm
Small Business Services
Address
PO BOX 4130, HILO, HI 96720
Preparer
Wade Lonokapu
Phone
8089823900
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

There are members who pay membership dues.

Pt VI, Line 7A

There are 323 members who have voting privileges.

Pt VI, Line 11B

After the accountant prepares the return it is sent to

Pt VI, Line 11B

the president who reviews it before submittal.

Pt XI

Attributed to change in income to expense ratio and fixed assets.

Form 990, Part IX, Line 24E

Equipment 29887. 29887. 0. 0.

Form 990, Part IX, Line 24E

Train operating expenses 99582. 99582. 0. 0.

Form 990, Part IX, Line 24E

Rolling stock (other) 17671. 17671. 0. 0.

Form 990, Part IX, Line 24E

Maintenance non rr equip 1383. 1383. 0. 0.

Form 990, Part IX, Line 24E

Office & site 20936. 20936. 0. 0.

Form 990, Part IX, Line 24E

Outside services 1100. 1100. 0. 0.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040652
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt033090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt058547
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0162417
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0359024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013727
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0305591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0281966
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0158243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt036167
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0795694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0391658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0385067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0400791
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0269012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt090334
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01536862
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013727
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0305591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0281966
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0158243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt036167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0795694
IRS990ScheduleA/InvestmentIncomeCYPct00.29560
IRS990ScheduleA/InvestmentIncomePYPct00.29900
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.70440
IRS990ScheduleA/PublicSupportPY509Pct00.70100
IRS990ScheduleA/PublicSupportTotal509Amt01895886
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0455976
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0425719
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0433881
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0327559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0252751
IRS990ScheduleA/Total509Grp/TotalAmt01895886
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02691580
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0135745
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0112579
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0248324
IRS990ScheduleD/EquipmentGrp/BookValueAmt0375895
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0498974
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0874869
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0212881
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0EDWARD JONES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LandGrp/BookValueAmt0226311
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0226311
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt168674
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS WELD SHOP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTORATION IN PROGRESS - 57
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0737951
IRS990ScheduleD/TotalBookValueOtherAssetsAmt075174
IRS990ScheduleD/TotalBookValueProgramRltdAmt0212881
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are members who pay membership dues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are 323 members who have voting privileges.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2After the accountant prepares the return it is sent to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the president who reviews it before submittal.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Attributed to change in income to expense ratio and fixed assets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EQUIPMENT 29887. 29887. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAIN OPERATING EXPENSES 99582. 99582. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROLLING STOCK (OTHER) 17671. 17671. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MAINTENANCE NON RR EQUIP 1383. 1383. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OFFICE & SITE 20936. 20936. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10OUTSIDE SERVICES 1100. 1100. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01586728
IRS990/TotalAssetsEOYAmt01127029
IRS990/TotalAssetsGrp/BOYAmt01586728
IRS990/TotalAssetsGrp/EOYAmt01127029
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt064318
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105595
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0431229
IRS990/TotalFunctionalExpensesGrp/TotalAmt0536824
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04935
IRS990/TotalLiabilitiesEOYAmt05712
IRS990/TotalLiabilitiesGrp/BOYAmt04935
IRS990/TotalLiabilitiesGrp/EOYAmt05712
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01581793
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01121317
IRS990/TotalOtherCompensationAmt051600
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt0367807
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0391658
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0431229
IRS990/TotalProgramServiceRevenueAmt0391658
IRS990/TotalRevenueGrp/ExclusionAmt0367807
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt038897
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0471022
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01586728
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01127029
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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