Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Hawaii Angels
EIN 26-3130039 • 501(c)6 • Honolulu, HI
Profile
The primary activity of the organization is to promote entrepreneurship, angel investing, and venture capital investing primarily in the state of hawaii.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 30.5% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Up$56,716
Up $14,674 (+35%) from 2023
Liabilities
Down$275
Down $1,996 (-88%) from 2023
Net Assets
Up$56,441
Up $16,670 (+42%) from 2023
Revenue
Up$75,300
Up $24,990 (+50%) from 2023
Expenses
Up$58,630
Up $18,757 (+47%) from 2023
Net Income
Up$16,670
Up $6,233 (+60%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $56,716
- Liabilities
- $275
- Net assets
- $56,441
- Revenue
- $75,300
- Expenses
- $58,630
- Net income
- $16,670
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 11, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $75,300
Mission and Program Overview
Mission
The primary activity of the organization is to promote entrepreneurship, angel investing, and venture capital investing primarily in the state of hawaii.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MONTHLY MEETINGS AT WHICH TOPICS AND ISSUES OF INTEREST OR PERTINENT TO ANGEL INVESTING AND THE PROMOTION OF ENTREPRENEURSHIP ARE PRESENTED. FREQUENTLY, SPEAKERS ARE INVITED TO ATTEND THE METTINGS TO PROVIDE INFORMATIVE PRESENTATIONS AND LEAD DISCUSSIONS ON TOPICS AND OPPORTUNITIES RELATED TO THE PROMOTION OF ENTREPRENEURSHIP, ANGEL INVESTING AND VENTURE CAPITAL INVESTING. THE MEETINGS WILL BE LED BY THE OFFICERS OF THE ORGANIZATION WITH THE PARTICIPATION OF THE MEMBERS AND INVITED GUESTS, INCLUDING EDUCATIONAL ACTIVITIES DIRECTED AT MEMBERS, THE GENERAL PUBLIC, ENTREPRENEURS AND GOVERNMENTAL OFFICIALS. THESE ACTIVITIES MAY INCLUDE, WORKSHOPS, SEMINARS, MENTORING AND PRESENTATIONS ON SPECIFIC TOPICS RELEVENT TO ENTREPRENEURSHIP AND ANGEL INVESTING. MENTORING ACTIVITIES WILL BE CONDUCTED BY THE BOARD OF DIRECTORS OR MEMBER-VOLUNTEERS WITH THE KNOWLEDGE AND EXPERTISE IN VARIOUS AREAS OF BUSINESS OPERATIONS, TAX, FINANCE, ACCOUTING, LAW OR CORPORATE GOVERNANCE DUE DILIGENCE, NETWORKING AND ASSISTANCE TO ENTREPRENEURS THROUGH THE REVEIEW OF BUSINESS PLANS WITH THE PRIMARY OBJECTIVE BEING TO SUPPORT EARLY-STAGE HAWAII BUSINESSES. | $0 | $25,673 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOSEPH KATZEN | Treas/Exec Director | PT | $23,000 | - | $23,000 |
| ROB ROBINSON | Chairman | - | $0 | - | - |
| CLIF PURKISER | Secretary | - | $0 | - | - |
| CHENOA FARNSWORTH | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hawaii Angels
- EIN
- 26-3130039
- Phone
- 8083817897
- Address
- 335 MERCHANT STREET 516, HONOLULU, HI 96813
Signing Officer
- Name
- Joseph Katzen
- Title
- Executive Director
- Phone
- 8083817897
- Signed
- 2025-11-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Schlissel & Associates LLC
- Address
- 1164 BISHOP STREET - STE 1612, HONOLULU, HI 96813
- Preparer
- Alan M Schlissel
- Phone
- 8087327232
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: sponsorship. Amount: 3,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: insurance. Amount: 1,007. Description: member meetings. Amount: 24,673. Description: service charges. Amount: 2,284. Description: other expenses. Amount: 1,630. Description: sponsorship. Amount: 1,000. Description: investment expense from blue ventures lllp. Amount: 63. Description: net long term capital loss from blue ventures lllp. Amount: 1,666. Total to form 990-ez, line 16: 32,323.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: investment in blue ventures llp. Beg. Of year amount: 7,824. End of year amount: 6,095. Description: undeposited funds. Beg. Of year amount: 4,293. End of year amount: 1,447.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 271. End of year amount: 275. Description: accrued expense. Beg. Of year amount: 2,000. End of year amount: 0.”
Raw XML Appendix119 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOSEPH KATZEN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8083817897 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 335 MERCHANT STREET 516 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HONOLULU |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | HI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 96813 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29925 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 49174 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16670 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3005 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 42042 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 56716 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75300 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 72300 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 39771 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 56441 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 39771 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 56441 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 23000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROB ROBINSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOSEPH KATZEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CLIF PURKISER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHENOA FARNSWORTH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREAS/EXEC DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 12117 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7542 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32323 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 3000 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PRIMARY ACTIVITY OF THE ORGANIZATION IS TO PROMOTE ENTREPRENEURSHIP, ANGEL INVESTING, AND VENTURE CAPITAL INVESTING PRIMARILY IN THE STATE OF HAWAII. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 302 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MONTHLY MEETINGS AT WHICH TOPICS AND ISSUES OF INTEREST OR PERTINENT TO ANGEL INVESTING AND THE PROMOTION OF ENTREPRENEURSHIP ARE PRESENTED. FREQUENTLY, SPEAKERS ARE INVITED TO ATTEND THE METTINGS TO PROVIDE INFORMATIVE PRESENTATIONS AND LEAD DISCUSSIONS ON TOPICS AND OPPORTUNITIES RELATED TO THE PROMOTION OF ENTREPRENEURSHIP, ANGEL INVESTING AND VENTURE CAPITAL INVESTING. THE MEETINGS WILL BE LED BY THE OFFICERS OF THE ORGANIZATION WITH THE PARTICIPATION OF THE MEMBERS AND INVITED GUESTS, INCLUDING EDUCATIONAL ACTIVITIES DIRECTED AT MEMBERS, THE GENERAL PUBLIC, ENTREPRENEURS AND GOVERNMENTAL OFFICIALS. THESE ACTIVITIES MAY INCLUDE, WORKSHOPS, SEMINARS, MENTORING AND PRESENTATIONS ON SPECIFIC TOPICS RELEVENT TO ENTREPRENEURSHIP AND ANGEL INVESTING. MENTORING ACTIVITIES WILL BE CONDUCTED BY THE BOARD OF DIRECTORS OR MEMBER-VOLUNTEERS WITH THE KNOWLEDGE AND EXPERTISE IN VARIOUS AREAS OF BUSINESS OPERATIONS, TAX, FINANCE, ACCOUTING, LAW OR CORPORATE GOVERNANCE DUE DILIGENCE, NETWORKING AND ASSISTANCE TO ENTREPRENEURS THROUGH THE REVEIEW OF BUSINESS PLANS WITH THE PRIMARY OBJECTIVE BEING TO SUPPORT EARLY-STAGE HAWAII BUSINESSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25673 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 23000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2271 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 275 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 58630 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25673 |
| IRS990EZ/TotalRevenueAmt | 0 | 75300 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.HAWAIIANGELS.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: SPONSORSHIP. AMOUNT: 3,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INSURANCE. AMOUNT: 1,007. DESCRIPTION: MEMBER MEETINGS. AMOUNT: 24,673. DESCRIPTION: SERVICE CHARGES. AMOUNT: 2,284. DESCRIPTION: OTHER EXPENSES. AMOUNT: 1,630. DESCRIPTION: SPONSORSHIP. AMOUNT: 1,000. DESCRIPTION: INVESTMENT EXPENSE FROM BLUE VENTURES LLLP. AMOUNT: 63. DESCRIPTION: NET LONG TERM CAPITAL LOSS FROM BLUE VENTURES LLLP. AMOUNT: 1,666. TOTAL TO FORM 990-EZ, LINE 16: 32,323. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INVESTMENT IN BLUE VENTURES LLP. BEG. OF YEAR AMOUNT: 7,824. END OF YEAR AMOUNT: 6,095. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 4,293. END OF YEAR AMOUNT: 1,447. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 271. END OF YEAR AMOUNT: 275. DESCRIPTION: ACCRUED EXPENSE. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOSEPH KATZEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8083817897 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HAWAII ANGELS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HAWA |
| ReturnHeader/Filer/EIN | 0 | 263130039 |
| ReturnHeader/Filer/PhoneNum | 0 | 8083817897 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 335 MERCHANT STREET 516 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HONOLULU |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | HI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 96813 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273670123 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHLISSEL & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1164 BISHOP STREET - STE 1612 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HONOLULU |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | HI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 96813 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8087327232 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALAN M SCHLISSEL |
| ReturnHeader/ReturnTs | 0 | 2025-11-15T18:13:14-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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