Building Ohana

“A meeting of the Board of Directors is scheduled before filing to review the 990, and to vote to amend and approve the yearly filing.”

“Board meetings: policies read and agreed to by all board members at the beginning of every fiscal year.”

“The board reviews performance and determines compensation of Ohana executive director annually at the end of the year, using valid nonprofit and cost of living data related to the size, job requirements and activities of the organization. After discussion, the board members vote to make compensation decisions accordingly.”

“No requests for any of our governing documents, policies or financial statements were requested during this tax year”

“In late 2024, BUILDING OHANA received a large, unusual grant that substantially strengthened its financial position. The Board of Directors safeguarded all principal in federally insured, interest-bearing accounts and established year-long certificates of deposit to ensure long-term stewardship. These measures expanded organizational capacity for the design, land acquisition, and pre-development of Ohana Villagewhile maintaining all funds for mission-related use. The grant did not alter the organization's exempt purpose; it reinforced the same charitable mission by securing a stable foundation for continued program delivery and future community development.”

“Section 481(a) Adjustment -1,161.”

“In 2024, BUILDING OHANA received a large, unexpected and unsolicited charitable contribution that significantly strengthened its financial position. The entirety of this donation was unrestricted, and the donorwho has requested public anonymityneither exercises nor retains any control over the organization. This contribution qualifies as an unusual grant under Treasury Regulation 1.170A-9(f)(6) because it was unexpected, not part of regular fundraising efforts, and made without the expectation of future contributions. Accordingly, it is excluded from the public-support computation in this filing. Recognizing the responsibility attached to this gift, the Board of Directors acted immediately to safeguard and steward all funds in accordance with federal standards and nonprofit best practices for safety and liquidity. BUILDING OHANA implemented a federally insured investment strategy using credit-union sweep accounts and interest-bearing certificates of deposit. All funds wereand remain, as of this filingfully covered by the National Credit Union Share Insurance Fund (NCUSIF) administered by the National Credit Union Administration (NCUA). These measures ensure security, liquidity, and modest earnings while preserving the full value of the unusual grant and its interest for this organization's charitable mission of supporting people with intellectual and developmental disabilities through inclusive community life.”