Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 43.5% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Balance Sheet
Assets
Up$46,058
Up $1,836 (+4.2%) from 2012
Net Assets
Down$40,324
Down $3,729 (-8.5%) from 2012
Liabilities
Up$5,734
Up $5,565 (+3293%) from 2012
Revenue And Expenses
Revenue
Down$59,800
Down $17,787 (-23%) from 2012
Expenses
Down$63,529
Down $18,078 (-22%) from 2012
Net Income
Up-$3,729
Up $291 (+7.2%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 10, 2014
- Return Version
- 2013v3.0
- Gross Receipts
- $59,800
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 MEETINGS 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.EDUCATIONAL ACTIVITIES DIRECTED AT MEMBERS, THE GENERAL PUBLIC, ENTREPRENEURS AND GOVERNMENTAL OFFICIALS. THESE ACTIVITIES MAY INCLUDE, WORKSHOPS, SEMINARS, MENTORING, AND PRESENTATIONS ON SPECIFIC TOPICS RELEVANT TO ENTREPRENEURSHIP AND ANGEL INVESTING. MENTORING ACTIVITIES WILL BE CONDUCTED BY THE BOARD OF DIRECTORS OR MEMBER-VOLUNTEERS WITH KNOWLEDGE AND EXPERTISE IN VARIOUS AREAS OF BUSINESS OPERATIONS, TAX, FINANCE, ACCOUNTING, LAW OR CORPORATE GOVERNANCE.DUE DILIGENCE, NETWORKING AND ASSISTANCE TO ENTREPRENEURS THROUGH THE REVIEW OF BUSINESS PLANS WITH THE PRIMARY OBJECTIVE BEING TO SUPPORT EARLY STAGE HAWAII BUSINESSES. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHENOA FARNSWORTH | Treas/Exec Director | PT | $26,000 | - | $26,000 |
| ROB ROBINSON | Chairman | - | $0 | - | - |
| DALE ZANE | Secretary | - | $0 | - | - |
| SHAN STEINMARK | Director | - | $0 | - | - |
| BILL SPENCER | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 26-3130039
- Phone
- 8083817897
Signing Officer
- Name
- Chenoa Farnsworth
- Title
- Managing Director
- Phone
- 8083817897
- Signed
- 2014-11-10
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Elizabeth Koo
- Phone
- 8089444026
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: travel. Amount: 270. Description: conferences, conventions. Amount: 63. Description: miscellaneous expenses. Amount: 4,429. Description: taxes and licenses. Amount: 3. Description: entertainment expense/ monthly meetings. Amount: 22,889. Description: payroll expenses. Amount: 373. Description: books, subcription, references. Amount: 40. Description: training. Amount: 34. Description: portfolio deductions from pass-through. Amount: 72. Total to form 990-ez, line 16: 28,173.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: investment in blue ventures, llp. Beg. Of year amount: 0. End of year amount: 24,928.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 169. End of year amount: 3,734. Description: accrued expenses. Beg. Of year amount: 0. End of year amount: 2,000.”
Raw XML Appendix120 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/BusinessNameLine1 | 0 | CHENOA FARNSWORTH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8083817897 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 335 MERCHANT ST 516 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | HONOLULU |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | HI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 96808 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 44222 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 21130 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3729 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9170 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 44222 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 46058 |
| IRS990EZ/GrossReceiptsAmt | 0 | 59800 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 59800 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 44053 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 40324 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 44053 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 40324 |
| 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/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 26000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROB ROBINSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHENOA FARNSWORTH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DALE ZANE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SHAN STEINMARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BILL SPENCER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREAS/EXEC DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 24928 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28173 |
| 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 | 186 |
| 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 MEETINGS 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.EDUCATIONAL ACTIVITIES DIRECTED AT MEMBERS, THE GENERAL PUBLIC, ENTREPRENEURS AND GOVERNMENTAL OFFICIALS. THESE ACTIVITIES MAY INCLUDE, WORKSHOPS, SEMINARS, MENTORING, AND PRESENTATIONS ON SPECIFIC TOPICS RELEVANT TO ENTREPRENEURSHIP AND ANGEL INVESTING. MENTORING ACTIVITIES WILL BE CONDUCTED BY THE BOARD OF DIRECTORS OR MEMBER-VOLUNTEERS WITH KNOWLEDGE AND EXPERTISE IN VARIOUS AREAS OF BUSINESS OPERATIONS, TAX, FINANCE, ACCOUNTING, LAW OR CORPORATE GOVERNANCE.DUE DILIGENCE, NETWORKING AND ASSISTANCE TO ENTREPRENEURS THROUGH THE REVIEW OF BUSINESS PLANS WITH THE PRIMARY OBJECTIVE BEING TO SUPPORT EARLY STAGE HAWAII BUSINESSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 26000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 169 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5734 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 63529 |
| IRS990EZ/TotalRevenueAmt | 0 | 59800 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.HAWAIIANGELS.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: TRAVEL. AMOUNT: 270. DESCRIPTION: CONFERENCES, CONVENTIONS. AMOUNT: 63. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 4,429. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 3. DESCRIPTION: ENTERTAINMENT EXPENSE/ MONTHLY MEETINGS. AMOUNT: 22,889. DESCRIPTION: PAYROLL EXPENSES. AMOUNT: 373. DESCRIPTION: BOOKS, SUBCRIPTION, REFERENCES. AMOUNT: 40. DESCRIPTION: TRAINING. AMOUNT: 34. DESCRIPTION: PORTFOLIO DEDUCTIONS FROM PASS-THROUGH. AMOUNT: 72. TOTAL TO FORM 990-EZ, LINE 16: 28,173. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INVESTMENT IN BLUE VENTURES, LLP. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 24,928. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 169. END OF YEAR AMOUNT: 3,734. DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | 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 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHENOA FARNSWORTH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGING DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8083817897 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | HAWAII ANGELS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HAWA |
| ReturnHeader/Filer/EIN | 0 | 263130039 |
| ReturnHeader/Filer/PhoneNum | 0 | 8083817897 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 335 MERCHANT ST NO 516 |
| ReturnHeader/Filer/USAddress/City | 0 | HONOLULU |
| ReturnHeader/Filer/USAddress/State | 0 | HI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 96808 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 990292318 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | KIRIO & COMPANY INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 1150 S KING ST 905 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | HONOLULU |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | HI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 96814 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8089444026 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ELIZABETH KOO |
| ReturnHeader/ReturnTs | 0 | 2014-11-10T15:06:24-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $46,058
- Liabilities
- $5,734
- Net assets
- $40,324
- Revenue
- $59,800
- Expenses
- $63,529
- Net income
- -$3,729