Civic Intelligence

Hoea the Foundation

990EZ • Fiscal year 2022 • EIN 46-4730871

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

555 South Street 104Honolulu, HI 96813

(808) 949-4477

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$244,425

Up $26,135 (+12%) from 2021

Net Assets

Up

$244,425

Up $26,135 (+12%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$48,205

Down $11,135 (-19%) from 2021

Expenses

Down

$22,070

Down $25,328 (-53%) from 2021

Net Income

Up

$26,135

Up $14,193 (+119%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $48,911Liabilities 2014: $02014Assets 2015: $44,517Liabilities 2015: $02015Assets 2016: $48,608Liabilities 2016: $0Net Assets 2016: $48,6082016Assets 2017: $58,058Liabilities 2017: $0Net Assets 2017: $58,0582017Assets 2018: $81,723Liabilities 2018: $0Net Assets 2018: $81,7232018Assets 2019: $128,005Liabilities 2019: $02019Assets 2020: $206,348Liabilities 2020: $0Net Assets 2020: $206,3482020Assets 2021: $218,290Liabilities 2021: $0Net Assets 2021: $218,2902021Assets 2022: $244,425Liabilities 2022: $0Net Assets 2022: $244,4252022Assets 2023: $271,442Liabilities 2023: $0Net Assets 2023: $271,4422023Assets 2024: $475,561Liabilities 2024: $0Net Assets 2024: $475,5612024

Highlighted filing

2022

Assets$244,425
Liabilities$0
Net Assets$244,425

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2014: $49,951Expenses 2014: $1,040Net Income 2014: $48,9112014Revenue 2015: $5,237Expenses 2015: $9,631Net Income 2015: -$4,3942015Revenue 2016: $22,086Expenses 2016: $17,995Net Income 2016: $4,0912016Revenue 2017: $26,144Expenses 2017: $16,694Net Income 2017: $9,4502017Revenue 2018: $52,354Expenses 2018: $28,689Net Income 2018: $23,6652018Revenue 2019: $71,370Expenses 2019: $20,754Net Income 2019: $50,6162019Revenue 2020: $101,353Expenses 2020: $23,010Net Income 2020: $78,3432020Revenue 2021: $59,340Expenses 2021: $47,398Net Income 2021: $11,9422021Revenue 2022: $48,205Expenses 2022: $22,070Net Income 2022: $26,1352022Revenue 2023: $42,065Expenses 2023: $44,701Net Income 2023: -$2,6362023Revenue 2024: $183,537Expenses 2024: $48,761Net Income 2024: $134,7762024

Highlighted filing

2022

Revenue$48,205
Expenses$22,070
Net Income$26,135
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$48,205
Mission and Program Overview

Mission

The specific purpose of Ho'ea - The Foundation is to provide grants to selected charitable, religious, and educational organizations that have demonstrated dedication and excellence in their respective mission. As a policy of the Foundation, all recipient organizations must be organized as either a nonprofit foundation or a corporation which is operated exclusively for charitable purposes and which has established its status as a tax-exempt organization and a public charity under Section50l(c)(3) and 509(a) of the Internal Revenue Code.

Program Services

DescriptionGrantsExpenses
Ho'ea - The Foundation made a total contribution or grant in the amount of $4,750 to two schools and a public charity in the year 2022.$4,750$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric FujimotoPresident/Director-$0--
Vaughn VictorinoTreasurer/Secretary/Direct-$0--
Lynne KaneshiroDirector-$0--
Marie ImanakaDirector-$0--
Jill MisawaDirector-$0--
Filing and Contact Details

Filer

Filer Name
HO'EA - THE FOUNDATION
EIN
46-4730871
Phone
8089494477
Address
555 SOUTH STREET 104, HONOLULU, HI 96813

Signing Officer

Name
Eric Fujimoto
Title
President
Phone
8089494477
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Trusta Aac
Address
1003 BISHOP ST STE 1700, HONOLULU, HI 96813
Preparer
Yinen Huang
Phone
8085248080
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Dividend. Amount: 2,274. Description: Interest. Amount: 135. Total Included on Form 990-EZ, line 4: 2,409.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: . Grantee Name: Lanai High School. Amount Given: 250.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: . Grantee Name: Reece Toyama Foundation. Amount Given: 2,000.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: . Grantee Name: Chaminade University. Amount Given: 2,500. Total included on Form 990-EZ, line 10: 4,750.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Investment management fees. Amount: 100. Description: Supplies. Amount: 570. Description: Unrealized loss from investment. Amount: 14,006. Total to Form 990-EZ, line 16: 14,676.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Marketable securities. Beg. of Year Amount: 161,418. End of Year Amount: 147,412. Description: Prepaid federal tax. Beg. of Year Amount: 90. End of Year Amount: 90.

Raw XML Appendix178 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Honolulu
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0HI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Eric Fujimoto
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Vaughn Victorino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lynne Kaneshiro
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Marie Imanaka
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jill Misawa
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President/Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer/Secretary/Direct
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0161508
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0147502
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014676
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The specific purpose of Ho'ea - The Foundation is to provide grants to selected charitable, religious, and educational organizations that have demonstrated dedication and excellence in their respective mission. As a policy of the Foundation, all recipient organizations must be organized as either a nonprofit foundation or a corporation which is operated exclusively for charitable purposes and which has established its status as a tax-exempt organization and a public charity under Section50l(c)(3) and 509(a) of the Internal Revenue Code.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Ho'ea - The Foundation made a total contribution or grant in the amount of $4,750 to two schools and a public charity in the year 2022.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/PublicSupportCY170Pct00.56180
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051693
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0260549
IRS990ScheduleA/TotalSupportAmt0267488
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Dividend. Amount: 2,274. Description: Interest. Amount: 135. Total Included on Form 990-EZ, line 4: 2,409.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: . Grantee Name: Lanai High School. Amount Given: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: . Grantee Name: Reece Toyama Foundation. Amount Given: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Activity Classification: . Grantee Name: Chaminade University. Amount Given: 2,500. Total included on Form 990-EZ, line 10: 4,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: Investment management fees. Amount: 100. Description: Supplies. Amount: 570. Description: Unrealized loss from investment. Amount: 14,006. Total to Form 990-EZ, line 16: 14,676.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: Marketable securities. Beg. of Year Amount: 161,418. End of Year Amount: 147,412. Description: Prepaid federal tax. Beg. of Year Amount: 90. End of Year Amount: 90.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric Fujimoto
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08089494477
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HO'EA - THE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HOEA
ReturnHeader/Filer/EIN0464730871
ReturnHeader/Filer/PhoneNum08089494477
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 SOUTH STREET 104
ReturnHeader/Filer/USAddress/CityNm0HONOLULU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096813
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990224276
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRUSTA AAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01003 BISHOP ST STE 1700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096813
ReturnHeader/PreparerPersonGrp/PhoneNum08085248080
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YINEN HUANG
ReturnHeader/ReturnTs02023-11-15T18:44:59-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Eric
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Fujimoto
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits