Civic Intelligence

Lawakua Charitable Fund

990 • Fiscal year 2018 • EIN 47-3731349

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

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

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

62nd percentile

7.9%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

53rd percentile

1.8%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,472,360

Up $26,212 (+1.8%) from 2017

Net Assets

Up

$1,470,929

Up $26,109 (+1.8%) from 2017

Liabilities

Up

$1,431

Up $103 (+7.8%) from 2017

Revenue

Down

$406,894

Down $108,404 (-21%) from 2017

Expenses

Up

$374,938

Up $38,618 (+11%) from 2017

Net Income

Down

$31,956

Down $147,022 (-82%) from 2017

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

2018

Assets$1,472,360
Liabilities$1,431
Net Assets$1,470,929

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

2018

Revenue$406,894
Expenses$374,938
Net Income$31,956
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$406,894
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$1,134,603$1,155,245▲ $20,642
Cash and Non-Interest-Bearing Accounts$286,354$290,647▲ $4,293
Land, Buildings, and Equipment, Net$25,191$18,893▼ $6,298
Prepaid Expenses and Deferred Charges-$7,575-
Total Assets$1,446,148$1,472,360▲ $26,212
Liabilities
Accounts Payable and Accrued Expenses$1,328$1,431▲ $103
Total Liabilities$1,328$1,431▲ $103
Net Assets / Fund Balance
Unrestricted Net Assets$1,209,579$1,235,934▲ $26,355
Temporarily Rstr Net Assets$235,241$234,995▼ $246
Total Net Assets Fund Balance$1,444,820$1,470,929▲ $26,109
Total Liabilities and Net Assets / Fund Balance$1,446,148$1,472,360▲ $26,212

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,893$6,298$25,191
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew LeviPresident & Chairman of the Board
Nick DreherVice Chair
Duncan MacnaughtonDirector
Elliot LodenDirector
Gary OkamotoDirector
Larry RodriguezDirector
Lauren NahmeDirector
Mahina HugoDirector
Marc TilkerDirector
Mike JonesDirector
Richard GushmanDirector
Sharon Shiroma BrownDirector
Alexander FergusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$375,600
Program Service Revenue
$0
Investment Income
$31,294
Other Revenue
$0
All Other Contributions
$375,600
Change in Net Assets
$31,956

Audited Revenue Reconciliation

Revenue per Audited Statements
$325,304
Revenue Not Reported on Financial Statements
$81,590
Revenue Not Reported on Form 990
$-82,390
Other Revenue Adjustments
$81,590
Total Revenue per Audited Statements
$242,914
Total Revenue per Form 990
$406,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$205,599
Other Expenses$97,202
Salaries, Compensation, and Employee Benefits$72,137
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$205,599--$205,599
Other Salaries and Wages$46,934$11,733-$58,667
Fees for Services Accounting-$28,563-$28,563
Other Expenses$22,537--$22,537
Other Employee Benefits$6,621$1,655-$8,276
Office Expenses-$8,162-$8,162
Fees for Services Other$3,918$2,732-$6,650
Payroll Taxes$4,155$1,039-$5,194
Depreciation Depletion-$5,038-$5,038
Total Functional Expenses$316,016$58,922$0$374,938

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$374,938
Total Expenses per Audited Statements$374,938
Total Expenses per Form 990$374,938
Expenses Not Reported on Financial Statements$0
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
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 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
8085376777
Address
737 BISHOP ST MAUKA TOWER NO 1875, HONOLULU, HI 96813

Signing Officer

Name
Matthew Levi
Title
President and Chairman of the Board
Phone
8085376777
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Levi
Formed
2015
Legal Domicile
Hi
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
30

Preparer

Firm
Cw Associates Cpas
Address
700 BISHOP STREET SUITE 1040, HONOLULU, HI 96813
Preparer
Melanie a King
Phone
8085311040
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization indicated in its prior year form 990 that it used the cash method of accounting. However, the organization actually uses the accrual method of accounting.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require 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, 2018 and 2017 and for the years then ended by reviewing its income tax return and conferring with its tax advisors, and determined that lawakua had no uncertain tax positions required to be reported in accordance with such generally accepted accounting principles. Lawakua is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Increase in net assets with donor restrictions 81,590.

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IRS990/ActivityOrMissionDesc0OVER 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.
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IRS990/Desc0LAWAKUA CHARITABLE FUND RECRUITS AT-RISK AND LOW-INCOME CHILDREN TO JOIN ITS MARTIAL ARTS CLUB. THEY LEARN DISCIPLINE, HARD WORK, SELF-DEFENSE, TEAM COLLABORATION, AND RESPECT FOR OTHERS. THE ORGANIZATION ALSO USES MARTIAL ARTS TO INSTILL CONFIDENCE, COORDINATION, AND STRUCTURE TO GUIDE YOUTH AND PROVIDE THEM WITH EDUCATIONAL ASSISTANCE, SUCH AS TUITION PAYMENTS, SCHOOL SUPPLIES, SCHOOL BOOKS, UNIFORMS AND MEALS. THE ORGANIZATION ALSO PROVIDES ALL OF THE NECESSARY MARTIAL ARTS EQUIPMENT AND GEAR FOR THE CHILDREN WHO ARE PARTICIPATING IN THE PROGRAM.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/OtherSalariesAndWagesGrp/TotalAmt058667
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01039
IRS990/PayrollTaxesGrp/ProgramServicesAmt04155
IRS990/PayrollTaxesGrp/TotalAmt05194
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07575
IRS990/PrincipalOfficerNm0MATTHEW LEVI
IRS990/PriorPeriodAdjustmentsAmt076543
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0478058
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0204460
IRS990/PYInvestmentIncomeAmt037240
IRS990/PYOtherExpensesAmt069776
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0178978
IRS990/PYSalariesCompEmpBnftPaidAmt062084
IRS990/PYTotalExpensesAmt0336320
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0515298
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt031956
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0375600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0478058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0460700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01324958
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt031294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01854
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt070388
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0667621
IRS990ScheduleA/SubstantialContributorsTotAmt0657337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0375600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0478058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0460700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01324958
IRS990ScheduleA/TotalSupportAmt01395346
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/EquipmentGrp/BookValueAmt018893
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06298
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025191
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0374938
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-82390
IRS990ScheduleD/OtherRevenuesNotIncludedAmt081590
IRS990ScheduleD/RevenueNotReportedAmt0-82390
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt081590
IRS990ScheduleD/RevenueSubtotalAmt0325304
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE 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, 2018 AND 2017 AND FOR THE YEARS THEN ENDED BY REVIEWING ITS INCOME TAX RETURN AND CONFERRING WITH ITS TAX ADVISORS, AND DETERMINED THAT LAWAKUA HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. LAWAKUA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INCREASE IN NET ASSETS WITH DONOR RESTRICTIONS 81,590.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018893
IRS990ScheduleD/TotalExpensesPerForm990Amt0374938
IRS990ScheduleD/TotalRevenuePerForm990Amt0406894
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0242914
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0374938
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0134268
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt110011
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt212300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt313801
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt48850
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt526369
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOOL TUITION FOR COLLEGES, UNIVERSITIES AND PRIVATE SCHOOLS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOOL MEAL PLANS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOOL BOOKS & SUPPLIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3TUTORING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4PROGRAM AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5MARTIAL ARTS TRAINING & SUPPLIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt026
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt112
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt224
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt350
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt423
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt5140
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0LAWAKUA MEMBERS ARE NOTIFIED ANNUALLY OF THE SCHOLARSHIP PROGRAM AND THE CRITERIA FOR QUALIFICATIONS. THE EDUCATION COMMITTEE, COMPRISED OF BOARD MEMBERS REVIEW THE APPLICATIONS, INTERVIEW THE STUDENTS AND PARENTS AND DETERMINE IF THE STUDENTS MEETS THE NEED-BASED CRITERIA BY REVIEWING PARENTS' TAX RETURNS AND FAMILY BUDGET. THE COMMITTEE DETERMINES WHICH SCHOOL IS THE "RIGHT FIT" FOR THE QUALIFYING STUDENT. TUITION PAYMENTS ARE GENERALLY PAID DIRECTLY TO THE SCHOOL, UPON APPROVAL BY THE COMMITTEE. THE BOARD CHAIR AND OPERATIONS MANAGER REVIEW APPLICATIONS FOR ASSISTANCE WITH SCHOOL MEAL PLANS, BOOKS AND SCHOOL SUPPLIES AND AWARDS BASED ON STUDENT NEEDS AND AVAILABLE FUNDS. PAYMENTS ARE GENERALLY PAID DIRECTLY TO THE SCHOOL OR VENDOR. REIMBURSEMENTS TO PARENTS ARE APPROVED UPON RECEIPT OF INVOICE AND PROOF OF PAYMENT. TUTORING SERVICES ARE AVAILABLE TO ALL LAWAKUA MEMBERS, BASED ON AVAILABLE FUNDS. TUTORS ARE PAID DIRECTLY BY LAWAKUA. ALL LAWAKUA MEMBERS ARE ELIGIBLE TO RECEIVE RECOGNITION FOR ACADEMIC ACHIEVEMENT IF THEY MEET THE QUALIFICATIONS AS PRE-DETERMINED BY THE BOARD CHAIR AND OPERATIONS MANAGER. BOARD CHAIR AND OPERATIONS MANAGER MAY ALSO CHOOSE TO RECOGNIZE INDIVIDUALS FOR THEIR PERSONAL ACHIEVEMENT IN OTHER AREAS. AWARDS ARE PAID DIRECTLY TO THE RECIPIENTS. ALL LAWAKUA MEMBERS RECEIVE BENEFIT FROM MONIES SPENT ON MARTIAL ARTS TRAINING & SUPPLIES. PROTECTIVE GEAR LIKE GLOVES, HEAD GEAR, FOOT GEAR ETC ARE PROVIDED TO THEM DURING CLASSES. "GI AND T-SHIRT GIVEN AFTER FIRST 15 SESSIONS AND REPLACED AS NEEDED. ALL ASSISTANCE TO DOMESTIC INDIVIDUALS THAT ARE SUPPORTED BY DONORS AND OTHER GRANTS ARE IN ACCORDANCE WITH THE DONORS' STIPULATIONS.
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 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/ExplanationTxt3THE ORGANIZATION INDICATED IN ITS PRIOR YEAR FORM 990 THAT IT USED THE CASH METHOD OF ACCOUNTING. HOWEVER, THE ORGANIZATION ACTUALLY USES THE ACCRUAL METHOD OF ACCOUNTING.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0235241
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0234995
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01446148
IRS990/TotalAssetsEOYAmt01472360
IRS990/TotalAssetsGrp/BOYAmt01446148
IRS990/TotalAssetsGrp/EOYAmt01472360
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0375600
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt058922
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0316016
IRS990/TotalFunctionalExpensesGrp/TotalAmt0374938
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01328
IRS990/TotalLiabilitiesEOYAmt01431
IRS990/TotalLiabilitiesGrp/BOYAmt01328
IRS990/TotalLiabilitiesGrp/EOYAmt01431
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01444820
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01470929
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0316016
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt031294
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0406894
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01446148
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01472360
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01209579
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01235934
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0737 BISHOP ST MAUKA TOWER NO 1875
IRS990/USAddress/CityNm0HONOLULU

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