Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Balance Sheet
Assets
Up$42,042
Up $12,458 (+42%) from 2022
Net Assets
Up$39,771
Up $10,437 (+36%) from 2022
Liabilities
Up$2,271
Up $2,021 (+808%) from 2022
Revenue And Expenses
Revenue
Up$50,310
Up $33,058 (+192%) from 2022
Expenses
Up$39,873
Up $20,050 (+101%) from 2022
Net Income
Up$10,437
Up $13,008 (+506%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $50,310
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 | $31,550 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROB ROBINSON | Chairman | - | $0 | - | - |
| JOSEPH KATZEN | Treas/Exec Director | PT | $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
- 2024-11-14
- 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 16 - Other Expenses
“Description: entertainment expense. Amount: 780. Description: insurance. Amount: 957. Description: member meetings. Amount: 18,550. Description: service charges. Amount: 1,800. Description: other expenses. Amount: 430. Description: sponsorship. Amount: 13,000. Description: investment expense from blue ventures lllp. Amount: 139. Description: net long term capital loss from blue ventures lllp. Amount: 1,217. Total to form 990-ez, line 16: 36,873.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: investment in blue ventures llp. Beg. Of year amount: 9,180. End of year amount: 7,824. Description: other receivable. Beg. Of year amount: 601. End of year amount: 0. Description: undeposited funds. Beg. Of year amount: 0. End of year amount: 4,293.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 250. End of year amount: 271. Description: accrued expense. Beg. Of year amount: 0. End of year amount: 2,000.”
Raw XML Appendix115 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 | 19803 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 29925 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 10437 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3000 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29584 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 42042 |
| IRS990EZ/GrossReceiptsAmt | 0 | 50310 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 50310 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 29334 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 39771 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 29334 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 39771 |
| 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 | 0 |
| 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 | 9781 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12117 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 36873 |
| 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/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 | 31550 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 250 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2271 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 39873 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 31550 |
| IRS990EZ/TotalRevenueAmt | 0 | 50310 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.HAWAIIANGELS.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ENTERTAINMENT EXPENSE. AMOUNT: 780. DESCRIPTION: INSURANCE. AMOUNT: 957. DESCRIPTION: MEMBER MEETINGS. AMOUNT: 18,550. DESCRIPTION: SERVICE CHARGES. AMOUNT: 1,800. DESCRIPTION: OTHER EXPENSES. AMOUNT: 430. DESCRIPTION: SPONSORSHIP. AMOUNT: 13,000. DESCRIPTION: INVESTMENT EXPENSE FROM BLUE VENTURES LLLP. AMOUNT: 139. DESCRIPTION: NET LONG TERM CAPITAL LOSS FROM BLUE VENTURES LLLP. AMOUNT: 1,217. TOTAL TO FORM 990-EZ, LINE 16: 36,873. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INVESTMENT IN BLUE VENTURES LLP. BEG. OF YEAR AMOUNT: 9,180. END OF YEAR AMOUNT: 7,824. DESCRIPTION: OTHER RECEIVABLE. BEG. OF YEAR AMOUNT: 601. END OF YEAR AMOUNT: 0. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,293. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 250. END OF YEAR AMOUNT: 271. DESCRIPTION: ACCRUED EXPENSE. 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 | 2024-10-15 13:58:12Z |
| 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 | 2024-11-14 |
| 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/Form8822BAttachedInd | 0 | X |
| 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 | 2024-11-14T17:20:02-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $42,042
- Liabilities
- $2,271
- Net assets
- $39,771
- Revenue
- $50,310
- Expenses
- $39,873
- Net income
- $10,437