Civic Intelligence

Hawaii Leadership Forum

990 • Fiscal year 2017 • EIN 45-4910317

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 24, 2018

720 University AveLos Gatos, CA 95032

(408) 358-3316

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.11x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.07x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$277,707

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

8th percentile

-14%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-28%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,199,023

Down $203,065 (-14%) from 2016

Net Assets

Down

$1,069,701

Down $217,590 (-17%) from 2016

Liabilities

Up

$129,322

Up $14,525 (+13%) from 2016

Revenue

Down

$1,960,500

Down $745,750 (-28%) from 2016

Expenses

Up

$2,178,090

Up $342,570 (+19%) from 2016

Net Income

Down

-$217,590

Down $1,088,320 (-125%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $186,087Liabilities 2012: $76,769Net Assets 2012: $109,3182012Assets 2013: $316,715Liabilities 2013: $72,106Net Assets 2013: $244,6092013Assets 2014: $768,580Liabilities 2014: $105,347Net Assets 2014: $663,2332014Assets 2015: $547,142Liabilities 2015: $130,581Net Assets 2015: $416,5612015Assets 2016: $1,402,088Liabilities 2016: $114,797Net Assets 2016: $1,287,2912016Assets 2017: $1,199,023Liabilities 2017: $129,322Net Assets 2017: $1,069,7012017Assets 2018: $1,300,952Liabilities 2018: $101,153Net Assets 2018: $1,199,7992018Assets 2019: $1,396,881Liabilities 2019: $159,617Net Assets 2019: $1,237,2642019Assets 2020: $1,613,822Liabilities 2020: $212,191Net Assets 2020: $1,401,6312020Assets 2021: $1,629,789Liabilities 2021: $162,777Net Assets 2021: $1,467,0122021Assets 2022: $1,473,029Liabilities 2022: $234,135Net Assets 2022: $1,238,8942022Assets 2023: $2,095,367Liabilities 2023: $460,233Net Assets 2023: $1,635,1342023Assets 2024: $2,211,806Liabilities 2024: $382,780Net Assets 2024: $1,829,0262024

Highlighted filing

2017

Assets$1,199,023
Liabilities$129,322
Net Assets$1,069,701

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $621,709Expenses 2012: $512,391Net Income 2012: $109,3182012Revenue 2013: $1,300,000Expenses 2013: $1,154,563Net Income 2013: $145,4372013Revenue 2014: $1,850,000Expenses 2014: $1,431,376Net Income 2014: $418,6242014Revenue 2015: $1,262,000Expenses 2015: $1,508,672Net Income 2015: -$246,6722015Revenue 2016: $2,706,250Expenses 2016: $1,835,520Net Income 2016: $870,7302016Revenue 2017: $1,960,500Expenses 2017: $2,178,090Net Income 2017: -$217,5902017Revenue 2018: $2,227,500Expenses 2018: $2,097,402Net Income 2018: $130,0982018Revenue 2019: $2,584,000Expenses 2019: $2,546,535Net Income 2019: $37,4652019Revenue 2020: $3,981,466Expenses 2020: $3,817,099Net Income 2020: $164,3672020Revenue 2021: $2,394,054Expenses 2021: $2,328,673Net Income 2021: $65,3812021Revenue 2022: $2,243,000Expenses 2022: $2,471,118Net Income 2022: -$228,1182022Revenue 2023: $3,075,000Expenses 2023: $2,678,760Net Income 2023: $396,2402023Revenue 2024: $4,000,000Expenses 2024: $3,806,108Net Income 2024: $193,8922024

Highlighted filing

2017

Revenue$1,960,500
Expenses$2,178,090
Net Income-$217,590
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 24, 2018
Return Version
2017v2.2
Gross Receipts
$1,960,500
Mission and Program Overview

Mission

The Hawaii Leadership Forum is a societal change organization dedicated to advancing leadership in and for Hawaii. We seek to cultivate the conditions in which Hawaii thrives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,206,368$1,085,892▼ $120,476
Land, Buildings, and Equipment, Net$84,450$53,777▼ $30,673
Prepaid Expenses and Deferred Charges$95,533$43,667▼ $51,866
Savings and Temporary Cash Investments$15,687$15,687→ $0
Accounts Receivable$50$0▼ $50
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,402,088$1,199,023▼ $203,065
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$114,668$129,007▲ $14,339
Other Liabilities$129$315▲ $186
Total Liabilities$114,797$129,322▲ $14,525
Net Assets / Fund Balance
Temporarily Rstr Net Assets$766,250$742,500▼ $23,750
Unrestricted Net Assets$521,041$327,201▼ $193,840
Total Net Assets Fund Balance$1,287,291$1,069,701▼ $217,590
Total Liabilities and Net Assets / Fund Balance$1,402,088$1,199,023▼ $203,065

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$43,058$71,416$114,474
Leasehold Improvements$832$56,654$57,486
Equipment$9,887$27,214$37,101
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William CoyDirector, Omidyar FellowsFT$247,200$30,507$277,707
Lisa LeongOperations ManagerFT$110,000$7,801$117,801

Board Members and Trustees

NameTitle
Cathy LukeDirector
Jennifer Goto SabasDirector
Kelvin TaketaDirector
Pierre OmidyarDirector
Richard Gushman IIDirector
Michael MohrPres,Treas,Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Duesenberg Invst Co LLCOffice Space1800 Ave of Stars Ste 1400, La, CA 90067$183,730
David Viotticapacity-building336 Lexington Drive, Menlo Park, CA 94025$101,250
Revenue and Support

Revenue Composition

Contributions and Grants
$1,960,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,960,500
Change in Net Assets
$-217,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,960,500
Revenue Not Reported on Form 990
$30,000
Total Revenue per Audited Statements
$1,990,500
Total Revenue per Form 990
$1,960,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,333,658
Salaries, Compensation, and Employee Benefits$829,642
Grants and Similar Amounts Paid$14,790
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$473,950$2,549-$476,499
Travel$388,920$5,817-$394,737
Other Salaries and Wages$323,566$54,500-$378,066
Current Officers, Directors, Trustees, and Key Employees$222,166$55,541-$277,707
Occupancy$106,643$125,071-$231,714
Payroll Taxes$104,072$19,578-$123,650
Other Employee Benefits$41,496$8,723-$50,219
Fees for Services Accounting$1,050$42,926-$43,976
Depreciation Depletion-$30,674-$30,674
Office Expenses$683$14,736-$15,419
Grants to Domestic Orgs$14,790--$14,790
All Other Expenses$5,545$7,724-$13,269
Advertising$9,051$236-$9,287
Other Expenses$6,890$1,515-$6,890
Fees for Services Legal-$2,223-$2,223
Insurance-$1,952-$1,952
Fees for Services Other-$350-$350
Total Functional Expenses$1,803,975$374,115$0$2,178,090

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,208,090
Expenses per Audited Statements$2,178,090
Total Expenses per Form 990$2,178,090
Expenses Not Reported on Form 990$30,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Civil Beat Law CenterHonolulu, HI501(c)(4)General support$0
Collaborative Leaders NetworkHonolulu, HI501(c)(3)General support$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Excise Tax Payable$315
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
Yes
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Michael Mohr, Director, President, and Treasurer is a partner of Comprehensive Financial Management LLC, a company that performs services for Pierre Omidyar, Director.Kelvin Taketa, Director, was also CEO of Hawaii Community Foundation in 2017. Hawaii Community Foundation is a financial contributor to Hawaii Leadership Forum.

Form 990, Part VI, Line 9: Officer, Director, Trustee, Key Employee Mailing Address

700 Bishop Street, Suite 1701, Honolulu, HI 96813

Form 990, Part VI, Line 11B: Form 990 Review Process

The federal Form 990 is prepared by Comprehensive Financial Management with inputs from Hawaii Leadership Forum staff. A draft of the Form 990 is distibuted to the Hawaii Leadership Forum Chairman and the CEO of Hawaii Community Foundation for review, questions and comments. The draft Form 990 is then edited based on the inputs, and finalized for signature and filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Hawaii Leadership Forum monitors and enforces its conflict of interest policy by annually reviewing potential conflicts with the trustees, officers, directors and key employees. The policy outlines a process by which Hawaii Leadership Forum evaluates and protects against undue influence by any person who may have a conflict of interest as well as outlines a process if there is a potential violation. The Board reviews the policy on a periodic basis.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The process that Hawaii Leadership Forum conducts in determining compensation for officers and key employees (board members are not compensated) includes conducting a compensation benchmark study and analysis for each compensated officer and key employee. The analysis of the study is reviewed for approval of the appropriate compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Hawaii Leadership Forum's governing documents, policies and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hawaii Leadership Forum
EIN
45-4910317
Phone
4083583316
Address
720 University Ave, Los Gatos, CA 95032

Signing Officer

Name
Michael Mohr
Title
Pres,Treas,Director
Signed
2018-08-24
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Hi
Voting Board Members
6
Independent Board Members
3
Employees
6

Preparer

Firm
Comprehensive Financial Mgt
Address
720 University Ave 200, Los Gatos, CA 95032
Preparer
Roger V Hansen
Phone
4083583316
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

Systems Sensing and Impact - Facilitating systems thinking, mapping and other systems practices to gain clarity on complex issues, identify leverage points for systems change, inform strategic intent, create learning and adaption plans, and expand collaborative opportunities.

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

Hawaii Leadership Forum (HLF) discontinued the program "Conveners of Hawaii Leadership Providers". This change was made to allow HLF to focus attention on other programs.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Well-being Data Project (FKA Hawaii Prosperity Index) - Adapting the Legatum Prosperity model of income and well-being to produce local rigorous societal level data and trends to provide a well-researched understanding and articulation of the current state of prosperity in Hawaii with baseline metrics for a longitudinal study. OTHER PROGRAM SERVICES 5: Systems Sensing and Impact - Facilitating systems thinking, mapping and other systems practices to gain clarity on complex issues, identify leverage points for systems change, inform strategic intent, create learning and adaption plans, and expand collaborative opportunities.

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