Civic Intelligence

Lawakua Charitable Fund

990 • Fiscal year 2016 • EIN 47-3731349

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

737 Bishop St Mauka Tower No 1875Honolulu, HI 96813

(808) 537-6777

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

93rd percentile

52%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$1,267,016

No earlier filing loaded for comparison.

Net Assets

$1,265,843

No earlier filing loaded for comparison.

Liabilities

$1,173

No earlier filing loaded for comparison.

Revenue

$462,554

No earlier filing loaded for comparison.

Expenses

$220,138

No earlier filing loaded for comparison.

Net Income

$242,416

No earlier filing loaded for comparison.

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 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

2016

Assets$1,267,016
Liabilities$1,173
Net Assets$1,265,843

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$462,554
Expenses$220,138
Net Income$242,416
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$462,554
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 30-year 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 Other Securities-$852,426-
Cash and Non-Interest-Bearing Accounts$1,018,555$414,590▼ $603,965
Total Assets$1,018,555$1,267,016▲ $248,461
Liabilities
Other Liabilities$0$1,173▲ $1,173
Total Liabilities$0$1,173▲ $1,173
Net Assets / Fund Balance
Unrestricted Net Assets$1,018,555$1,265,843▲ $247,288
Total Net Assets Fund Balance$1,018,555$1,265,843▲ $247,288
Total Liabilities and Net Assets / Fund Balance$1,018,555$1,267,016▲ $248,461

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$852,426--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew LeviChairman
Nick DreherVice Chairman/director
Alexander FergusDirector
Duncan MacnaughtonDirector
Elliot LodenDirector
Laren NahmeDirector
Larry RodriguezDirector
Marc TilkerDirector
Mike JonesDirector
Richard GushmanDirector
Sharon Shiroma BrownDirector
Jacob FergusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$460,700
Program Service Revenue
$0
Investment Income
$1,854
Other Revenue
$0
All Other Contributions
$460,700
Change in Net Assets
$242,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$126,861
Salaries, Compensation, and Employee Benefits$52,786
Other Expenses$40,491
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$113,238--$113,238
Other Salaries and Wages$19,581$19,581-$39,162
Fees for Services Accounting-$14,073-$14,073
Grants to Domestic Orgs$13,623--$13,623
Other Employee Benefits$4,842$4,842-$9,684
Payroll Taxes$1,970$1,970-$3,940
Fees for Services Other-$3,505-$3,505
Office Expenses$3,433--$3,433
All Other Expenses$468$2,421-$2,889
Occupancy-$2,697-$2,697
Other Expenses$1,791--$1,791
Total Functional Expenses$171,049$49,089$0$220,138
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$1,173
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 A, Line 2

Jacob fergus (treasurer) and alexander fergus (director) are brothers.

Form 990, Part VI, Section B, Line 11B

The chairman will review the 990 prior to filing. The 990 will be made available to the board subsequent to filing.

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

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

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
8085376777
Address
737 BISHOP ST MAUKA TOWER NO 1875, HONOLULU, HI 96813

Signing Officer

Name
Matthew Levi
Title
Chairman
Phone
8085376777
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Levi
Formed
2015
Legal Domicile
Hi
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
20

Preparer

Firm
Aats LLC
Address
50 S BERETANIA ST SUITE C-211E, HONOLULU, HI 96813
Preparer
Kent H Kasaoka
Phone
8085433370
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 1.

Form 990, Part XI, Line 8

Prior to 2015, the organization was a part of parents and children together (pact). The $4,871 prior period adjustment represents a refund of the organization's principal balance from pact.

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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0460700
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0460700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0471300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01854
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01854
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0137967
IRS990ScheduleA/SubstantialContributorsTotAmt0333333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0460700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0471300
IRS990ScheduleA/TotalSupportAmt0473154
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0852426
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS - FHB ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0852426
IRS990ScheduleD/TotalLiabilityAmt01173
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07185
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt17571
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt26000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt373573
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt48135
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt510774
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOOL MEAL PLANS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1PROGRAM AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOOL BOOKS & SUPPLIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3SCHOOL TUITION FOR COLLEGES, UNIVERSITIES AND PRIVATE SCHOOLS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4TUTORING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5MARTIAL ARTS TRAINING & SUPPLIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt113
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt216
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt318
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt425
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt5149
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT FUNDS ARE HELD AS RESTRICTED FUNDS ON OUR BALANCE SHEET AND ARE SPENT IN ACCORDANCE WITH INTENDED PURPOSE. LAWAKUA PROVIDES GRANTORS WITH REQUIRED REPORTING (ANNUALLY) FOR USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JACOB FERGUS (TREASURER) AND ALEXANDER FERGUS (DIRECTOR) ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRMAN WILL REVIEW THE 990 PRIOR TO FILING. THE 990 WILL BE MADE AVAILABLE TO THE BOARD SUBSEQUENT TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR TO 2015, THE ORGANIZATION WAS A PART OF PARENTS AND CHILDREN TOGETHER (PACT). THE $4,871 PRIOR PERIOD ADJUSTMENT REPRESENTS A REFUND OF THE ORGANIZATION'S PRINCIPAL BALANCE FROM PACT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 8
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01018555
IRS990/TotalAssetsEOYAmt01267016
IRS990/TotalAssetsGrp/BOYAmt01018555
IRS990/TotalAssetsGrp/EOYAmt01267016
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0460700
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049089
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171049
IRS990/TotalFunctionalExpensesGrp/TotalAmt0220138
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01173
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01173
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01018555
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01265843
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0171049
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01854
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0462554
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01018555
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01267016
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01018555
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01265843
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0737 BISHOP ST MAUKA TOWER NO 1875
IRS990/USAddress/CityNm0HONOLULU
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096813
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.LAWAKUA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW LEVI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08085376777
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAWAKUA CHARITABLE FUND
ReturnHeader/Filer/BusinessNameControlTxt0LAWA
ReturnHeader/Filer/EIN0473731349

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