Civic Intelligence

Lawakua Charitable Fund

EIN 47-3731349 • 501(c)3 • Honolulu, HI

Profile

The organization uses martial arts to teach confidence, coordination, structure, and discipline to youth, with a focus on at-risk and low-income children and to guide disadvantaged youths to a more hopeful future. The organization also provides educational assistance, such as tuition payments and other school costs.

737 Bishop St 1875Honolulu, HI 96813

www.lawakua.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

47th percentile

3.0%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

0.1%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,345,424

Up $68,487 (+3.0%) from 2023

Liabilities

Up

$7,523

Up $3,059 (+69%) from 2023

Net Assets

Up

$2,337,901

Up $65,428 (+2.9%) from 2023

Revenue

Up

$549,491

Up $556 (+0.1%) from 2023

Expenses

Up

$313,305

Up $4,167 (+1.3%) from 2023

Net Income

Down

$236,186

Down $3,611 (-1.5%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2016: $1,267,016Liabilities 2016: $1,173Net Assets 2016: $1,265,8432016Assets 2017: $1,446,148Liabilities 2017: $1,328Net Assets 2017: $1,444,8202017Assets 2018: $1,472,360Liabilities 2018: $1,431Net Assets 2018: $1,470,9292018Assets 2019: $1,476,842Liabilities 2019: $5,297Net Assets 2019: $1,471,5452019Assets 2020: $1,588,803Liabilities 2020: $3,277Net Assets 2020: $1,585,5262020Assets 2021: $1,878,255Liabilities 2021: $7,873Net Assets 2021: $1,870,3822021Assets 2022: $1,895,406Liabilities 2022: $11,270Net Assets 2022: $1,884,1362022Assets 2023: $2,276,937Liabilities 2023: $4,464Net Assets 2023: $2,272,4732023Assets 2024: $2,345,424Liabilities 2024: $7,523Net Assets 2024: $2,337,9012024

Highlighted filing

2024

Assets$2,345,424
Liabilities$7,523
Net Assets$2,337,901

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $462,554Expenses 2016: $220,138Net Income 2016: $242,4162016Revenue 2017: $515,298Expenses 2017: $336,320Net Income 2017: $178,9782017Revenue 2018: $406,894Expenses 2018: $374,938Net Income 2018: $31,9562018Revenue 2019: $275,483Expenses 2019: $419,047Net Income 2019: -$143,5642019Revenue 2020: $479,969Expenses 2020: $385,104Net Income 2020: $94,8652020Revenue 2021: $518,812Expenses 2021: $336,679Net Income 2021: $182,1332021Revenue 2022: $530,394Expenses 2022: $269,708Net Income 2022: $260,6862022Revenue 2023: $548,935Expenses 2023: $309,138Net Income 2023: $239,7972023Revenue 2024: $549,491Expenses 2024: $313,305Net Income 2024: $236,1862024

Highlighted filing

2024

Revenue$549,491
Expenses$313,305
Net Income$236,186

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 29, 2025
Return Version
2024v5.2
Gross Receipts
$1,991,938
Mission and Program Overview

Mission

The organization uses martial arts to teach confidence, coordination, structure, and discipline to youth, with a focus on at-risk and low-income children and to guide disadvantaged youths to a more hopeful future. The organization also provides educational assistance, such as tuition payments and other school costs.

Over its history, lawakua has guided hundreds of disadvantaged youth to a more hopeful future. The program uses martial arts to teach confidence, coordination, structure, and discipline to youth, with a focus on at-risk and low-income children. Lawakua also provides educational assistance, such as covering tuition payments to private schools for the at-risk youth participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,871,249$2,084,848▲ $213,599
Cash and Non-Interest-Bearing Accounts$395,890$252,498▼ $143,392
Prepaid Expenses and Deferred Charges$2,798$5,578▲ $2,780
Pledges and Grants Receivable$7,000$2,500▼ $4,500
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,276,937$2,345,424▲ $68,487
Liabilities
Accounts Payable and Accrued Expenses$4,464$7,523▲ $3,059
Total Liabilities$4,464$7,523▲ $3,059
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,966,760$2,132,567▲ $165,807
Net Assets With Donor Restrictions$305,713$205,334▼ $100,379
Total Net Assets Fund Balance$2,272,473$2,337,901▲ $65,428
Total Liabilities and Net Assets / Fund Balance$2,276,937$2,345,424▲ $68,487

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$2,398$2,398
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew LeviPresident and Chairman of the Board
Nick DreherVice Chairman
Aisha IshidaDirector
Corbett KalamaDirector
Gary OkamotoDirector
Larry RodriguezDirector
Mahina HugoDirector
Marc TilkerDirector
Mark BrowingDirector
Mike JonesDirector
Sara AyabeDirector
Sharon Shiroma BrownDirector
Lauren NahmeSecretary
Alexander FergusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$181,700
Program Service Revenue
$0
Investment Income
$367,152
Other Revenue
$639
All Other Contributions
$181,700
Change in Net Assets
$236,186

Audited Revenue Reconciliation

Revenue per Audited Statements
$541,700
Revenue Not Reported on Financial Statements
$7,791
Revenue Not Reported on Form 990
$-70,379
Total Revenue per Audited Statements
$471,321
Total Revenue per Form 990
$549,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$128,052
Salaries, Compensation, and Employee Benefits$96,331
Other Expenses$88,922
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$128,052--$128,052
Other Salaries and Wages$64,311$14,649-$78,960
Fees for Services Accounting-$31,356-$31,356
Other Employee Benefits$8,748$1,993-$10,741
Office Expenses-$8,030-$8,030
Fees for Service Investment Mgmnt Fees-$7,791-$7,791
Advertising-$7,452-$7,452
Payroll Taxes$5,400$1,230-$6,630
Fees for Services Other-$5,813-$5,813
Occupancy$3,499$1,200-$4,699
Insurance-$1,756-$1,756
Other Expenses$1,659--$1,659
Total Functional Expenses$232,035$81,270$0$313,305

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$313,305
Expenses per Audited Statements$305,514
Total Expenses per Audited Statements$305,514
Expenses Not Reported on Financial Statements$7,791
Expenses Not Reported on Form 990$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
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 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Section B, Line 11B

The 990 will be made available to the entire board in draft form for review and comments prior to filing. The chair and treasurer will again review the 990 in final form prior to filing.

Form 990, Part VI, Section B, Line 12C

In connection with any actual or possible conflict of interest by an officer or director, an interested party must disclose the existence of the financial interest or conflict and is given the opportunity to disclose all material facts to the directors considering the proposed transaction or arrangement. Explanations regarding proposed transactions are documented in board records. The non-conflicted directors will summarize results of the investigation and disclosures, and this information will be maintained in corporate records.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lawakua Charitable Fund
EIN
47-3731349
Phone
8082869228
Address
737 BISHOP ST 1875, HONOLULU, HI 96813

Signing Officer

Name
Matthew Levi
Title
President and Chairman of the Board
Phone
8082869228
Signed
2025-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Levi
Formed
2015
Legal Domicile
Hi
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
20

Preparer

Firm
Cw Associates Cpas
Address
700 BISHOP STREET SUITE 1040, HONOLULU, HI 96813
Preparer
Rodney M Harano
Phone
8085311040
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

U.s. Gaap requires uncertain tax positions to be recognized in the financial statements if they are more likely than not to fail upon regulatory examination. Management evaluated lawakua's tax positions as of december 31, 2024 and 2023 and for the years then ended, and determined that lawakua had no uncertain tax positions required to be reported in accordance with u.s. Gaap. Lawakua is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax period.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in net assets with donor restrictions 100,379.

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IRS990/MissionDesc0THE ORGANIZATION USES MARTIAL ARTS TO TEACH CONFIDENCE, COORDINATION, STRUCTURE, AND DISCIPLINE TO YOUTH, WITH A FOCUS ON AT-RISK AND LOW-INCOME CHILDREN AND TO GUIDE DISADVANTAGED YOUTHS TO A MORE HOPEFUL FUTURE. THE ORGANIZATION ALSO PROVIDES EDUCATIONAL ASSISTANCE, SUCH AS TUITION PAYMENTS AND OTHER SCHOOL COSTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01966760
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08030
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0KAJUKENBO PROGRAM
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAMS
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IRS990/OtherExpensesGrp/ProgramServicesAmt11659
IRS990/OtherExpensesGrp/TotalAmt020366
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IRS990/OtherSalariesAndWagesGrp/TotalAmt078960
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01230
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IRS990/PayrollTaxesGrp/TotalAmt06630
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02500
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05578
IRS990/PrincipalOfficerNm0MATTHEW LEVI
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/InvestmentExpensesNotIncldAmt07791
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02398
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07791
IRS990ScheduleD/RevenueSubtotalAmt0541700
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT EVALUATED LAWAKUA'S TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023 AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT LAWAKUA HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. LAWAKUA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIOD.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS 100,379.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleD/TotalRevenuePerForm990Amt0549491
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0471321
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IRS990ScheduleI/GrantRecordsMaintainedInd01
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt28350
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31925
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt41063
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt51829
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt6176
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt71283
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TUTORING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2PROGRAM AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3SCHOOL UNIFORMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4COLLEGE COUNSELING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5MEAL PLAN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6APPLICATION / COURSE FEES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7BOOKS & SUPPLIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt115
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt212
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt35
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt412
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt54
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt62
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt73
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0LAWAKUA MEMBERS ARE NOTIFIED ANNUALLY OF THE SCHOLARSHIP PROGRAM AND THE CRITERIA FOR QUALIFICATIONS. THE GRANT EDUCATION COMMITTEE, COMPRISED OF LAWAKUA BOARD MEMBERS, REVIEWS THE APPLICATIONS, INTERVIEWS STUDENTS AND PARENTS, DETERMINES IF THE STUDENTS MEET THE SCHOLARSHIP ACCEPTANCE CRITERIA BY REVIEWING PARENTS' TAX RETURNS AND FAMILY BUDGETS. THE COMMITTEE DETERMINES WHICH SCHOOL IS THE "RIGHT FIT" FOR THE QUALIFYING STUDENT. TUITION PAYMENTS ARE GENERALLY PAID DIRECTLY TO THE SCHOOL UPON APPROVAL OF THE COMMITTEE. THE BOARD CHAIR AND OPERATIONS MANAGER REVIEW APPLICATIONS FOR ASSISTANCE WITH SCHOOL MEAL PLANS, BOOKS, SCHOOL SUPPLIES OTHER AND AWARDS BASED ON STUDENT NEED AND AVAILABLE FUNDS. PAYMENTS ARE GENERALLY MADE DIRECTLY TO A SCHOOL OR VENDOR. REIMBURSEMENTS TO PARENTS ARE APPROVED UPON RECEIPT OF AN INVOICE AND PROOF OF PAYMENT. TUTORING SERVICES ARE AVAILABLE TO ALL LAWAKUA STUDENTS. PROFESSIONAL TUTORS ARE PAID DIRECTLY BY LAWAKUA. ALL LAWAKUA STUDENTS ARE ELIGIBLE TO RECEIVE MONETARY COMPENSATION FOR ACADEMIC ACHIEVEMENT IF THEY MEET THE QUALIFICATIONS AS PRE-DETERMINED BY THE BOARD CHAIR AND OPERATIONS MANAGER. ALL LAWAKUA STUDENTS RECEIVE BENEFIT FROM MONIES RECEIVED FOR MARTIAL ARTS TRAINING & SUPPLIES. PROTECTIVE GEAR SUCH AS GLOVES, HEADGEAR, FOOTGEAR ETC ARE PROVIDED DURING CLASSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE MADE AVAILABLE TO THE ENTIRE BOARD IN DRAFT FORM FOR REVIEW AND COMMENTS PRIOR TO FILING. THE CHAIR AND TREASURER WILL AGAIN REVIEW THE 990 IN FINAL FORM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST BY AN OFFICER OR DIRECTOR, AN INTERESTED PARTY MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST OR CONFLICT AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. EXPLANATIONS REGARDING PROPOSED TRANSACTIONS ARE DOCUMENTED IN BOARD RECORDS. THE NON-CONFLICTED DIRECTORS WILL SUMMARIZE RESULTS OF THE INVESTIGATION AND DISCLOSURES, AND THIS INFORMATION WILL BE MAINTAINED IN CORPORATE RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0HI

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