Civic Intelligence

The People'S Fund

990 • Fiscal year 2015 • EIN 23-7250803

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 14, 2016

949 Kapiolani Boulevard Suite 100Honolulu, HI 96814

(808) 539-9969

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

65th percentile

$48,137

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

99th percentile

476%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

399%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$752,008

Up $621,487 (+476%) from 2014

Net Assets

Up

$743,706

Up $619,467 (+499%) from 2014

Liabilities

Up

$8,302

Up $2,020 (+32%) from 2014

Revenue

Up

$849,558

Up $679,365 (+399%) from 2014

Expenses

Down

$224,238

Down $17,467 (-7.2%) from 2014

Net Income

Up

$625,320

Up $696,832 (+974%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $349,910Liabilities 2011: $8,320Net Assets 2011: $341,5902011Assets 2012: $282,853Liabilities 2012: $10,912Net Assets 2012: $271,9412012Assets 2013: $203,489Liabilities 2013: $7,738Net Assets 2013: $195,7512013Assets 2014: $130,521Liabilities 2014: $6,282Net Assets 2014: $124,2392014Assets 2015: $752,008Liabilities 2015: $8,302Net Assets 2015: $743,7062015Assets 2016: $746,519Liabilities 2016: $12,716Net Assets 2016: $733,8032016Assets 2017: $811,882Liabilities 2017: $3,276Net Assets 2017: $808,6062017Assets 2018: $1,509,425Liabilities 2018: $3,158Net Assets 2018: $1,506,2672018Assets 2019: $1,613,835Liabilities 2019: $28,351Net Assets 2019: $1,585,4842019Assets 2020: $1,944,496Liabilities 2020: $8,570Net Assets 2020: $1,935,9262020Assets 2021: $2,324,248Liabilities 2021: $11,391Net Assets 2021: $2,312,8572021Assets 2022: $2,723,640Liabilities 2022: $12,603Net Assets 2022: $2,711,0372022Assets 2023: $3,366,860Liabilities 2023: $12,018Net Assets 2023: $3,354,8422023Assets 2024: $8,999,742Liabilities 2024: $14,262Net Assets 2024: $8,985,4802024

Highlighted filing

2015

Assets$752,008
Liabilities$8,302
Net Assets$743,706

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $182,6142011Expenses 2012: $270,6932012Expenses 2013: $248,9252013Revenue 2014: $170,193Expenses 2014: $241,705Net Income 2014: -$71,5122014Revenue 2015: $849,558Expenses 2015: $224,238Net Income 2015: $625,3202015Revenue 2016: $188,015Expenses 2016: $199,815Net Income 2016: -$11,8002016Revenue 2017: $180,513Expenses 2017: $148,891Net Income 2017: $31,6222017Revenue 2018: $808,463Expenses 2018: $157,396Net Income 2018: $651,0672018Revenue 2019: $190,441Expenses 2019: $197,952Net Income 2019: -$7,5112019Revenue 2020: $652,627Expenses 2020: $307,719Net Income 2020: $344,9082020Revenue 2021: $594,427Expenses 2021: $592,389Net Income 2021: $2,0382021Revenue 2022: $1,317,256Expenses 2022: $742,682Net Income 2022: $574,5742022Revenue 2023: $1,350,394Expenses 2023: $856,661Net Income 2023: $493,7332023Revenue 2024: $7,275,703Expenses 2024: $1,743,688Net Income 2024: $5,532,0152024

Highlighted filing

2015

Revenue$849,558
Expenses$224,238
Net Income$625,320
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 14, 2016
Return Version
2014v6.0
Gross Receipts
$862,529
Mission and Program Overview

Mission

Hawai`i people's fund is a unique partnership of activists and donors propelling a grassroots movement to eliminate oppression and injustice in pursuit of a just, equitable, and sustainable hawai`i. Hpf funds, support, and amplifies the work of grassroots organizations challenging systems of oppression. Hawai`i people's fund strives to serve as a model for progressive, informed philanthropy. Community-raised funds are redistributed through a consensus-based, activist-empowered grantmaking process, providing financial resources, technical assistance, and unique networking opportunities to hawai?i-based grassroots movement builders.

The hawaii people's fund is a partnership of activists and donors who share a vision of a just, equitable and sustainable society. We fund groups challenging institutions and attitudes which foster economic, social, racial and gender inequalities. Funds are raised from progressive donors and distributed through a democratic, activist-empowered process. The hawaii people's fund provides grants, technical assistance and unique networking opportunities to grassroots organizations working for social change throughout hawaii. We strive to serve as a model for progressive, informed philanthropy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$617,394-
Savings and Temporary Cash Investments$104,432$68,087▼ $36,345
Cash and Non-Interest-Bearing Accounts$16,321$56,087▲ $39,766
Inventories for Sale or Use$4,100$4,100→ $0
Land, Buildings, and Equipment, Net$1,473$2,253▲ $780
Prepaid Expenses and Deferred Charges$1,913$1,874▼ $39
Accounts Receivable$667$598▼ $69
Total Assets$130,521$752,008▲ $621,487
Other Assets Total$1,615$1,615→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,282$8,302▲ $2,020
Total Liabilities$6,282$8,302▲ $2,020
Net Assets / Fund Balance
Permanently Rstr Net Assets$20,000$641,541▲ $621,541
Unrestricted Net Assets$57,111$77,962▲ $20,851
Temporarily Rstr Net Assets$47,128$24,203▼ $22,925
Total Net Assets Fund Balance$124,239$743,706▲ $619,467
Total Liabilities and Net Assets / Fund Balance$130,521$752,008▲ $621,487

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,253$11,170$13,423

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$20,000$621,541--$641,541
2013$20,000---$20,000
2012$20,000---$20,000
2011$17,250$2,750--$20,000
2010$17,250---$17,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy AleckExecutive DiFT$39,936$8,201$48,137

Board Members and Trustees

NameTitle
Marika Emi WilsonPresident
David GoldbergDirector
Fawn Jade KoopmanDirector
Josh FrostDirector
Julie SmithDirector
Katherine BurkeDirector
Levani LiptonDirector
Val TavaiDirector
Genesis LeongFormer Treas
Aiko YamashiroSecretary
Jason EsperoTreasurer
Charley IceVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$838,059
Program Service Revenue
$2,965
Investment Income
$2,825
Other Revenue
$5,709
All Other Contributions
$838,059
Change in Net Assets
$625,320

Audited Revenue Reconciliation

Revenue per Audited Statements
$218,140
Revenue Not Reported on Financial Statements
$631,418
Other Revenue Adjustments
$631,418
Total Revenue per Audited Statements
$218,140
Total Revenue per Form 990
$849,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$89,284
Other Expenses$69,007
Grants and Similar Amounts Paid$65,947
Total Fundraising Expense$24,222
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$65,947--$65,947
Current Officers, Directors, Trustees, and Key Employees$31,949$3,994$3,993$39,936
Other Salaries and Wages$21,659$3,015$2,400$27,074
Occupancy$18,517$2,315$2,315$23,147
Office Expenses$10,817$1,203$5,707$17,727
Other Employee Benefits$10,202$1,276$1,275$12,753
Fees for Services Other$3,593$385$5,088$9,066
Payroll Taxes$6,010$751$751$7,512
Advertising$4,700$587$588$5,875
Travel$3,028$28$365$3,421
Insurance$1,988$248$248$2,484
Pension Plan Contributions$1,607$201$201$2,009
Conferences and Meetings$1,858$28$28$1,914
Fees for Services Accounting$859$107$107$1,073
Depreciation Depletion$836$104$104$1,044
Other Expenses$177$22$23$222
Total Functional Expenses$185,458$14,558$24,222$224,238

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$224,238
Total Expenses per Audited Statements$224,238
Total Expenses per Form 990$224,238
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various Grantees 5000Honolulu, HI-Program Support$65,947
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,680
Fundraising Direct Expenses$12,971
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$18,680$18,680$12,971$5,709
Total Events$18,680$18,680$12,971$5,709
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

N/A.

Form 990, Page 6, Part VI, Line 11B

Copies of the return was reviewed and approved by the board prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

All contracts and/or business agreements are reviewed for any potentional conflict of interest with any officer, director, or key employee. Employees and board members review and sign the policy annually.

Form 990, Page 6, Part VI, Line 15A

Using available current state and national salary ranges, the finance committee reviews the draft budget and discusses with full board in executive session to determine ececutive compensation for the coming year.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
THE PEOPLE'S FUND
EIN
23-7250803
Phone
8085399969
Address
949 KAPIOLANI BOULEVARD SUITE 100, HONOLULU, HI 96814
Doing Business As
HAWAI'I PEOPLE'S FUND

Signing Officer

Name
Nancy Aleck
Title
Executive Director
Phone
8085399969
Signed
2016-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Aleck
Formed
1972
Legal Domicile
Hi
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
45

Preparer

Firm
Jay Miyaki CPA LLC
Address
600 QUEEN ST SUITE C-4, HONOLULU, HI 96813-5113
Preparer
Jay Miyaki
Phone
8085221042
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The hawaii people's fund is a partnership of activists and donors who share a vision of a just, equitable and sustainable society. We fund groups challenging institutions and attitudes which foster economic, social, racial and gender inequalities. Funds are raised from progressive donors and distributed through a democratic, activist-empowered process. The hawaii people's fund provides grants, technical assistance and unique networking opportunities to grassroots organizations working for social change throughout hawaii. We strive to serve as a model for progressive, informed philanthropy.

Financial Statement Notes

Schedule D, Page 3, Part X

Management is not aware of uncertain tax positions required to be recognized and disclosed in the financial statements in accordance with generally accepted accounting principles.

Schedule D, Page 4, Part XI, Line 4B

Change in temporarily restricted net assets 9,877 change in permanently restrcted net assets 621,541

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IRS990/Form990PartVIISectionAGrp/TitleTxt1FORMER TREAS
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IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DI
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IRS990/MissionDesc0THE HAWAII PEOPLE'S FUND IS A PARTNERSHIP OF ACTIVISTS AND DONORS WHO SHARE A VISION OF A JUST, EQUITABLE AND SUSTAINABLE SOCIETY. WE FUND GROUPS CHALLENGING INSTITUTIONS AND ATTITUDES WHICH FOSTER ECONOMIC, SOCIAL, RACIAL AND GENDER INEQUALITIES. FUNDS ARE RAISED FROM PROGRESSIVE DONORS AND DISTRIBUTED THROUGH A DEMOCRATIC, ACTIVIST-EMPOWERED PROCESS. THE HAWAII PEOPLE'S FUND PROVIDES GRANTS, TECHNICAL ASSISTANCE AND UNIQUE NETWORKING OPPORTUNITIES TO GRASSROOTS ORGANIZATIONS WORKING FOR SOCIAL CHANGE THROUGHOUT HAWAII. WE STRIVE TO SERVE AS A MODEL FOR PROGRESSIVE, INFORMED PHILANTHROPY.
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IRS990/OtherExpensesGrp/Desc1HAWAII STATE GENERAL EXCI
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IRS990/ReportOtherAssetsInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104432
IRS990/SavingsAndTempCashInvstGrp/EOYAmt068087
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TRANSFER OF ENDOWMENT 621,541
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.00$0.01$8.99$7.28$1.74$5.53
2023Detailed filing. Detailed filing data is available for this year.$3.37$0.01$3.35$1.35$0.86$0.49
2022Detailed filing. Detailed filing data is available for this year.$2.72$0.01$2.71$1.32$0.74$0.57
2021Detailed filing. Detailed filing data is available for this year.$2.32$0.01$2.31$0.59$0.59$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.01$1.94$0.65$0.31$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.03$1.59$0.19$0.20$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.81$0.16$0.65
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.18$0.15$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.73$0.19$0.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.74$0.85$0.22$0.63
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.17$0.24$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.01$0.20$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.27$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.34$0.18