Civic Intelligence

The Akamai Foundation

EIN 80-0305070 • 501(c)3 • Honolulu, HI

Profile

To strengthen socioeconomically distressed communities and populations by improving the quality of people's lives through finance literacy and community economic development.

1164 Bishop St 613Honolulu, HI 96813

www.akamaifoundation.org

Siviq Scores

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

Liabilities / Assets

98th percentile

8.96x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

2.54x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

1.7%

Higher net margin than 50% of similar nonprofits.

501(c)3 • <$500k 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

64th percentile

6.5%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

0.2%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$3,428

Up $210 (+6.5%) from 2023

Liabilities

Flat

$30,700

Flat from 2023

Net Assets

-$27,272

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue97th percentileNet Margin50th percentile

Revenue

Up

$12,075

Up $27 (+0.2%) from 2023

Expenses

Down

$11,865

Down $195 (-1.6%) from 2023

Net Income

Up

$210

Up $222 (+1850%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2012: $52,940Liabilities 2012: $21,3602012Assets 2013: $107,255Liabilities 2013: $48,036Net Assets 2013: $59,2192013Assets 2014: $877,770Liabilities 2014: $708,900Net Assets 2014: $168,8702014Assets 2015: $1,602,833Liabilities 2015: $299,990Net Assets 2015: $1,302,8432015Assets 2016: $359,754Liabilities 2016: $68,229Net Assets 2016: $291,5252016Assets 2017: $285,921Liabilities 2017: $74,212Net Assets 2017: $211,7092017Assets 2018: $291,048Liabilities 2018: $77,337Net Assets 2018: $213,7112018Assets 2019: $280,055Liabilities 2019: $81,712Net Assets 2019: $198,3432019Assets 2020: $292,155Liabilities 2020: $81,712Net Assets 2020: $210,4432020Assets 2021: $291,241Liabilities 2021: $81,712Net Assets 2021: $209,5292021Assets 2022: $3,230Liabilities 2022: $30,700Net Assets 2022: -$27,4702022Assets 2023: $3,218Liabilities 2023: $30,7002023Assets 2024: $3,428Liabilities 2024: $30,700Net Assets 2024: -$27,2722024

Highlighted filing

2024

Assets$3,428
Liabilities$30,700
Net Assets-$27,272
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $109,856Expenses 2012: $78,753Net Income 2012: $31,1032012Revenue 2013: $350,324Expenses 2013: $322,887Net Income 2013: $27,4372013Revenue 2014: $451,191Expenses 2014: $341,540Net Income 2014: $109,6512014Revenue 2015: $2,785,917Expenses 2015: $1,651,944Net Income 2015: $1,133,9732015Revenue 2016: $100,504Expenses 2016: $1,115,159Net Income 2016: -$1,014,6552016Revenue 2017: $121,322Expenses 2017: $201,138Net Income 2017: -$79,8162017Revenue 2018: $45,248Expenses 2018: $43,247Net Income 2018: $2,0012018Revenue 2019: $35,840Expenses 2019: $51,208Net Income 2019: -$15,3682019Revenue 2020: $23,572Expenses 2020: $11,472Net Income 2020: $12,1002020Revenue 2021: $641Expenses 2021: $8,555Net Income 2021: -$7,9142021Revenue 2022: -$161,273Expenses 2022: $75,727Net Income 2022: -$237,0002022Revenue 2023: $12,048Expenses 2023: $12,060Net Income 2023: -$122023Revenue 2024: $12,075Expenses 2024: $11,865Net Income 2024: $2102024

Highlighted filing

2024

Revenue$12,075
Expenses$11,865
Net Income$210
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$3,428
Liabilities
$30,700
Net assets
-$27,272
Revenue
$12,075
Expenses
$11,865
Net income
$210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.03$0.03$0.01$0.01$0.00
2023Summary only. Only limited summary data is available for this year.$0.00$0.03$0.01$0.01$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.03$0.03$0.16$0.08$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.08$0.21$0.00$0.01$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.08$0.21$0.02$0.01$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.08$0.20$0.04$0.05$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.08$0.21$0.05$0.04$0.00
2017Summary only. Only limited summary data is available for this year.$0.29$0.07$0.21$0.12$0.20$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.07$0.29$0.10$1.12$1.01
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.30$1.30$2.79$1.65$1.13
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.71$0.17$0.45$0.34$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.05$0.06$0.35$0.32$0.03
2012Summary only. Only limited summary data is available for this year.$0.05$0.02$0.11$0.08$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 12, 2023
Return Version
2022v5.0
Gross Receipts
$57,978
Mission and Program Overview

Mission

To strengthen socioeconomically distressed communities and populations by imroving the quality of people's lives through financial literacy and community economic development.

To strengthen socioeconomically distressed communities and populations by improving the quality of people's lives through fiancial literacy and community economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$185,585$0▼ $185,585
Other Notes and Loans Receivable, Net$32,097$0▼ $32,097
Loans From Officers Directors$30,700$30,700→ $0
Cash and Non-Interest-Bearing Accounts$73,559$3,230▼ $70,329
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$291,241$3,230▼ $288,011
Liabilities
Unsecured Notes Loans Payable$25,000$0▼ $25,000
Other Liabilities$23,589$0▼ $23,589
Accounts Payable and Accrued Expenses$2,423$0▼ $2,423
Total Liabilities$81,712$30,700▼ $51,012
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$209,529$-27,470▼ $236,999
Total Net Assets Fund Balance$209,529$-27,470▼ $236,999
Total Liabilities and Net Assets / Fund Balance$291,241$3,230▼ $288,011

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$9,232$9,232
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Louis Perez IiiChair/ Treasurer
Johnny ChakhamanyPresident/director
Robert C HoweVice-president/director
Colin P BradySecretary/director
Revenue and Support

Revenue Composition

Contributions and Grants
$32,978
Program Service Revenue
$25,000
Investment Income
$-219,251
Other Revenue
$0
All Other Contributions
$32,978
Change in Net Assets
$-237,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75,727
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$8,794-$8,794
Fees for Services Accounting-$3,927-$3,927
Other Expenses$57,441$20-$20
Depreciation Depletion$-5,723--$-5,723
Total Functional Expenses$51,718$24,009$0$75,727
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$30,700$30,700→ $0
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 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
Yes
Other officer compensation reviewed
Yes
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

“A copy of the form 990 is provided to all board members for review. The return will then be signed by the president.”

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

“The board may ask questions of and receive presentations(s) from insider(s) and other interested persons, but shall deliberate and vote on the transaction in their absence. The board shall ascertain that all meterial facts regarding the transaction and the insider's conflict of interest have been disclosed and shall compile appropriate data, such as comparability studies, to determine fair market value for the transaction. After exercising due diligence, which may include investigating alternatives that present no conflict, the board shall determine whether the transaction is in the organization's best interest, for its own benefit, and whether it is fair and reasonable to the organization; the majority of disinterested members of the board then in office may approve the transaction.”

Form 990, Part VI, Section B, Line 15

“The president's compensation was reviewed and approved by the other board members. The amount was decided upon using average salary data of similar positions for non-profit organizations of comparable operating budgets and taking into consideration the higher cost of living in hawaii, the pay rate previously earned as an independent contractor, and the specialized skills and knowledge required in operating an organization conducting specialized financial training.”

Form 990, Part VI, Section C, Line 19

“Copies are provided upon request”

Filing and Contact Details

Filer

Filer Name
The Akamai Foundation
EIN
80-0305070
Phone
8086643240
Address
1164 BISHOP ST 613, HONOLULU, HI 96813

Signing Officer

Name
Johnny Chakhamany
Title
President
Phone
8086643240
Signed
2023-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johnny Chakhamany
Formed
2007
Legal Domicile
Hi
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Clifford Isara CPA LLC
Address
1150 SOUTH KING ST STE 605, HONOLULU, HI 96814
Preparer
Clifford Isara
Phone
8085971337
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING ADJUSTMENT 1.”

Raw XML Appendix364 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02423
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO STRENGTHEN SOCIOECONOMICALLY DISTRESSED COMMUNITIES AND POPULATIONS BY IMPROVING THE QUALITY OF PEOPLE'S LIVES THROUGH FIANCIAL LITERACY AND COMMUNITY ECONOMIC DEVELOPMENT.
IRS990/AllOtherContributionsAmt032978
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0JOHNNY CHANKHAMANY
IRS990/BooksInCareOfDetail/PhoneNum08086643240
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01164 BISHOP ST 613
IRS990/BooksInCareOfDetail/USAddress/CityNm0HONOLULU
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0HI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd096813
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt073559
IRS990/CashNonInterestBearingGrp/EOYAmt03230
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt032978
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-219251
IRS990/CYOtherExpensesAmt075727
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt025000
IRS990/CYRevenuesLessExpensesAmt0-237000
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt075727
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-161273
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0-5723
IRS990/DepreciationDepletionGrp/TotalAmt0-5723
IRS990/Desc0RETURN OF NA'I AUPUNI FUNDS AND MISCELLANEOUS ADJUSTMENTS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt051718
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03927
IRS990/FeesForServicesAccountingGrp/TotalAmt03927
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt021.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHNNY CHAKHAMANY
IRS990/Form990PartVIISectionAGrp/PersonNm1LOUIS PEREZ III
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT C HOWE
IRS990/Form990PartVIISectionAGrp/PersonNm3COLIN P BRADY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR/ TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-219251
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt057978
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0185585
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09232
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt09232
IRS990/LegalDomicileStateCd0HI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0219251
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt030700
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt030700
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO STRENGTHEN SOCIOECONOMICALLY DISTRESSED COMMUNITIES AND POPULATIONS BY IMROVING THE QUALITY OF PEOPLE'S LIVES THROUGH FINANCIAL LITERACY AND COMMUNITY ECONOMIC DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0209529
IRS990/NetAssetsOrFundBalancesEOYAmt0-27470
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-219251
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-219251
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0209529
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-27470
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08794
IRS990/OccupancyGrp/TotalAmt08794
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE - RETUR
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2OPERATION
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220
IRS990/OtherExpensesGrp/ProgramServicesAmt057441
IRS990/OtherExpensesGrp/TotalAmt057441
IRS990/OtherExpensesGrp/TotalAmt111200
IRS990/OtherExpensesGrp/TotalAmt268
IRS990/OtherExpensesGrp/TotalAmt320
IRS990/OtherLiabilitiesGrp/BOYAmt023589
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt032097
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHNNY CHAKHAMANY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION'S FINANCE LITERACY ACTIVITIES CONSIST OF PROVIDING FINANCE LITERACY AND CAREER TRAINING TO HIGH SCHOOL STUDENTS, COLLEGE STUDENTS AND THE GENERAL PUBLIC THROUGH OPERATION OF THE AKAMAI FINANCE ACADEMY (AFA). AFA, DEVELOPED BY THE AKAMAI FOUNDATION, IS A FIVE YEAR TRAINING PROGRAM BEGINNING IN THE 12TH GRADE OF HIGH SCHOOL AND RUNS PARALLEL TO STUDENTS WORKING TOWARDS A 4 YEAR DEGREE AT ANY ACCREDITED UNIVERSITY LOCATED ON THE ISLAND OF OAHU.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt025000
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt08555
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt08555
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0641
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-237000
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt032978
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt023572
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt017676
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014138
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt089005
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt018164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01741
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019905
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt025000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt029369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt054369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019905
IRS990ScheduleA/InvestmentIncomeCYPct00.12190
IRS990ScheduleA/InvestmentIncomePYPct00.09650
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87810
IRS990ScheduleA/PublicSupportPY509Pct00.90350
IRS990ScheduleA/PublicSupportTotal509Amt0143374
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt057978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0641
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt023572
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017676
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt043507
IRS990ScheduleA/Total509Grp/TotalAmt0143374
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt057978
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt023572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt035840
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt045248
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0163279
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/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09232
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09232
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt030700
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ASSIST THE FUNDING OF THE ORGANIZATION'S PROGRAMS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt030700
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOHNNY CHANKHAMANY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt030700
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW. THE RETURN WILL THEN BE SIGNED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MAY ASK QUESTIONS OF AND RECEIVE PRESENTATIONS(S) FROM INSIDER(S) AND OTHER INTERESTED PERSONS, BUT SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THEIR ABSENCE. THE BOARD SHALL ASCERTAIN THAT ALL METERIAL FACTS REGARDING THE TRANSACTION AND THE INSIDER'S CONFLICT OF INTEREST HAVE BEEN DISCLOSED AND SHALL COMPILE APPROPRIATE DATA, SUCH AS COMPARABILITY STUDIES, TO DETERMINE FAIR MARKET VALUE FOR THE TRANSACTION. AFTER EXERCISING DUE DILIGENCE, WHICH MAY INCLUDE INVESTIGATING ALTERNATIVES THAT PRESENT NO CONFLICT, THE BOARD SHALL DETERMINE WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE TO THE ORGANIZATION; THE MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD THEN IN OFFICE MAY APPROVE THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT'S COMPENSATION WAS REVIEWED AND APPROVED BY THE OTHER BOARD MEMBERS. THE AMOUNT WAS DECIDED UPON USING AVERAGE SALARY DATA OF SIMILAR POSITIONS FOR NON-PROFIT ORGANIZATIONS OF COMPARABLE OPERATING BUDGETS AND TAKING INTO CONSIDERATION THE HIGHER COST OF LIVING IN HAWAII, THE PAY RATE PREVIOUSLY EARNED AS AN INDEPENDENT CONTRACTOR, AND THE SPECIALIZED SKILLS AND KNOWLEDGE REQUIRED IN OPERATING AN ORGANIZATION CONDUCTING SPECIALIZED FINANCIAL TRAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES ARE PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING ADJUSTMENT 1.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0291241
IRS990/TotalAssetsEOYAmt03230
IRS990/TotalAssetsGrp/BOYAmt0291241
IRS990/TotalAssetsGrp/EOYAmt03230
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt032978
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024009
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt051718
IRS990/TotalFunctionalExpensesGrp/TotalAmt075727
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081712
IRS990/TotalLiabilitiesEOYAmt030700
IRS990/TotalLiabilitiesGrp/BOYAmt081712
IRS990/TotalLiabilitiesGrp/EOYAmt030700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0209529
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-27470
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt025000
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt025000
IRS990/TotalProgramServiceExpensesAmt051718
IRS990/TotalProgramServiceRevenueAmt025000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-219251
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-161273
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0291241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03230
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt025000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01164 BISHOP ST SUITE 613
IRS990/USAddress/CityNm0HONOLULU
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096813
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.AKAMAIFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHNNY CHAKHAMANY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08086643240
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE AKAMAI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0AKAM
ReturnHeader/Filer/EIN0800305070
ReturnHeader/Filer/PhoneNum08086643240
ReturnHeader/Filer/USAddress/AddressLine1Txt01164 BISHOP ST 613
ReturnHeader/Filer/USAddress/CityNm0HONOLULU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096813
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300999399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFFORD ISARA CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01150 SOUTH KING ST STE 605
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096814
ReturnHeader/PreparerPersonGrp/PhoneNum08085971337
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CLIFFORD ISARA
ReturnHeader/ReturnTs02023-11-13T18:11:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHNNY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHAKHAMANY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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