Civic Intelligence

Hualalai Ohana Foundation

EIN 81-0570716 • 501(c)3 • Kailuakona, HI

Profile

Scholarships and awards are granted to hulalai community employees, their spouses and their children. Medical awards cover expenses incurred beyond medical insurance, and educational scholarships are for kindergarten through college, plus tutoring and work training.

PO Box 5227Kailuakona, HI 96745

www.hualalaiohanafoundation.org

Siviq Scores

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

Liabilities / Assets

26th percentile

0.02x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.08x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $5M-$10M 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

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

1.7%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,710,941

Up $1,037,072 (+14%) from 2023

Liabilities

Down

$179,946

Down $41,979 (-19%) from 2023

Net Assets

Up

$8,530,995

Up $1,079,051 (+14%) from 2023

Revenue

Up

$2,154,757

Up $35,504 (+1.7%) from 2023

Expenses

Up

$1,872,796

Up $70,349 (+3.9%) from 2023

Net Income

Down

$281,961

Down $34,845 (-11%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $1,311,486Liabilities 2011: $36,568Net Assets 2011: $1,274,9182011Assets 2012: $1,564,902Liabilities 2012: $34,708Net Assets 2012: $1,530,1942012Assets 2013: $1,919,251Liabilities 2013: $51,619Net Assets 2013: $1,867,6322013Assets 2014: $2,348,147Liabilities 2014: $39,339Net Assets 2014: $2,308,8082014Assets 2015: $3,335,680Liabilities 2015: $55,402Net Assets 2015: $3,280,2782015Assets 2016: $4,001,652Liabilities 2016: $36,941Net Assets 2016: $3,964,7112016Assets 2017: $4,890,332Liabilities 2017: $140,204Net Assets 2017: $4,750,1282017Assets 2018: $4,384,204Liabilities 2018: $50,666Net Assets 2018: $4,333,5382018Assets 2019: $5,310,162Liabilities 2019: $86,177Net Assets 2019: $5,223,9852019Assets 2020: $6,625,293Liabilities 2020: $83,699Net Assets 2020: $6,541,5942020Assets 2021: $7,629,138Liabilities 2021: $133,826Net Assets 2021: $7,495,3122021Assets 2022: $6,459,747Liabilities 2022: $133,738Net Assets 2022: $6,326,0092022Assets 2023: $7,673,869Liabilities 2023: $221,925Net Assets 2023: $7,451,9442023Assets 2024: $8,710,941Liabilities 2024: $179,946Net Assets 2024: $8,530,9952024

Highlighted filing

2024

Assets$8,710,941
Liabilities$179,946
Net Assets$8,530,995

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $932,850Expenses 2011: $807,212Net Income 2011: $125,6382011Expenses 2012: $505,0332012Revenue 2013: $797,508Expenses 2013: $561,442Net Income 2013: $236,0662013Revenue 2014: $1,091,223Expenses 2014: $664,823Net Income 2014: $426,4002014Revenue 2015: $1,756,028Expenses 2015: $722,020Net Income 2015: $1,034,0082015Revenue 2016: $1,329,899Expenses 2016: $861,568Net Income 2016: $468,3312016Revenue 2017: $1,332,026Expenses 2017: $1,033,013Net Income 2017: $299,0132017Revenue 2018: $945,391Expenses 2018: $1,020,583Net Income 2018: -$75,1922018Revenue 2019: $1,233,620Expenses 2019: $1,009,272Net Income 2019: $224,3482019Revenue 2020: $2,174,094Expenses 2020: $1,418,463Net Income 2020: $755,6312020Revenue 2021: $1,675,337Expenses 2021: $1,446,691Net Income 2021: $228,6462021Revenue 2022: $1,269,672Expenses 2022: $1,450,677Net Income 2022: -$181,0052022Revenue 2023: $2,119,253Expenses 2023: $1,802,447Net Income 2023: $316,8062023Revenue 2024: $2,154,757Expenses 2024: $1,872,796Net Income 2024: $281,9612024

Highlighted filing

2024

Revenue$2,154,757
Expenses$1,872,796
Net Income$281,961

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$0.18$8.53$2.15$1.87$0.28
2023Detailed filing. Detailed filing data is available for this year.$7.67$0.22$7.45$2.12$1.80$0.32
2022Detailed filing. Detailed filing data is available for this year.$6.46$0.13$6.33$1.27$1.45$0.18
2021Detailed filing. Detailed filing data is available for this year.$7.63$0.13$7.50$1.68$1.45$0.23
2020Detailed filing. Detailed filing data is available for this year.$6.63$0.08$6.54$2.17$1.42$0.76
2019Detailed filing. Detailed filing data is available for this year.$5.31$0.09$5.22$1.23$1.01$0.22
2018Detailed filing. Detailed filing data is available for this year.$4.38$0.05$4.33$0.95$1.02$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.89$0.14$4.75$1.33$1.03$0.30
2016Detailed filing. Detailed filing data is available for this year.$4.00$0.04$3.96$1.33$0.86$0.47
2015Detailed filing. Detailed filing data is available for this year.$3.34$0.06$3.28$1.76$0.72$1.03
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.04$2.31$1.09$0.66$0.43
2013Detailed filing. Detailed filing data is available for this year.$1.92$0.05$1.87$0.80$0.56$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.03$1.53$0.51
2011Summary only. Only limited summary data is available for this year.$1.31$0.04$1.27$0.93$0.81$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 4, 2025
Return Version
2024v5.0
Gross Receipts
$2,345,288
Mission and Program Overview

Mission

Scholarships and awards are granted to hulalai community employees, their spouses and their children. Medical awards cover expenses incurred beyond medical insurance, and educational scholarships are for pre-school through college, plus tutoring and work training.

To provide educational scholarships, educational opportunities and medical awards to the immediate families of employees in the hualalai community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,225,134$6,999,966▲ $1,774,832
Cash and Non-Interest-Bearing Accounts$2,293,753$964,528▼ $1,329,225
Savings and Temporary Cash Investments-$639,891-
Accounts Receivable$154,500$97,695▼ $56,805
Land, Buildings, and Equipment, Net$482$8,861▲ $8,379
Total Assets$7,673,869$8,710,941▲ $1,037,072
Liabilities
Grants Payable$190,681$166,000▼ $24,681
Accounts Payable and Accrued Expenses$31,244$13,946▼ $17,298
Total Liabilities$221,925$179,946▼ $41,979
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,451,944$8,530,995▲ $1,079,051
Total Net Assets Fund Balance$7,451,944$8,530,995▲ $1,079,051
Total Liabilities and Net Assets / Fund Balance$7,673,869$8,710,941▲ $1,037,072

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,861$9,848$18,709
Other Securities$6,999,966--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,225,134-▲ $1,774,832-$6,999,966
2023$4,283,340$23,209▲ $918,585-$5,225,134
2022$5,149,512$28,105▼ $894,277-$4,283,340
2021$4,306,698$23,898▲ $818,916-$5,149,512
2020$3,466,445$204,616▲ $635,637-$4,306,698
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole Schnitzler-verissimoExecutive DiFT$190,077$7,995$198,072
Nicole Schnitzler-verissimoExecutive Director-$190,077$7,995$198,072

Board Members and Trustees

NameTitle
Kathy FergusonEvents Chair
Bradley ChippsPresident
John MouerDirector
Julie HillDirector
Pam KrugDirector
Stella ZamarripaDirector
Susan MendelsonDirector
Teresa SchneiderEducation Ch
Lilian MurrayInvestment C
Ed MuellerPast Preside
Emily SpencerSecretary
Dean McphailTreasurer
Larry KelleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,542,862
Program Service Revenue
$0
Investment Income
$164,972
Other Revenue
$446,923
All Other Contributions
$1,542,862
Change in Net Assets
$281,961

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,154,757
Revenue Not Reported on Form 990
$995,181
Total Revenue per Audited Statements
$3,149,938
Total Revenue per Form 990
$2,154,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,299,994
Salaries, Compensation, and Employee Benefits$397,474
Other Expenses$175,328
Total Fundraising Expense$96,065
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,299,994--$1,299,994
Current Officers, Directors, Trustees, and Key Employees$116,863$51,499$29,711$198,073
Other Salaries and Wages$80,800$35,606$20,542$136,948
Payroll Taxes$27,603$12,164$7,018$46,785
Fees for Services Accounting-$23,545-$23,545
Other Employee Benefits$9,244$4,074$2,350$15,668
Office Expenses$9,861$4,358$1,322$15,541
Advertising$1,559$3,118$520$5,197
Fees for Services Other$2,307$1,384$923$4,614
All Other Expenses$1,406$3,133-$4,539
Insurance$394$3,550-$3,944
Other Expenses$14,045$6,189$2,459$2,459
Travel$147$832-$979
Depreciation Depletion-$702-$702
Total Functional Expenses$1,626,577$150,154$96,065$1,872,796

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,070,887
Expenses per Audited Statements$1,872,796
Total Expenses per Form 990$1,872,796
Expenses Not Reported on Form 990$198,091
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$637,454
Fundraising Direct Expenses$190,531
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
HUALALAI'S GOT$336,601$336,601$34,303$302,298
Proam$292,500$292,500$112,749$179,751
Total Events$629,101$629,101$147,052$482,049
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
No
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
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, Page 6, Part VI, Line 11B

A draft form 990 is given to the executive committee, who reviews and forwards the 990 and recommendation to the full board and then an officer authorizes submittal of the form 990 to the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

In the document, the board is directed to refer and comply with the conflict of interest policy. All board members annually sign the conflict of interest document at the first meeting of the new calendar year.

Form 990, Page 6, Part VI, Line 15A

The president of the board oversees the evaluation of the executive director on an annual basis.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available upon request. The annual report, policy for donor privacy, policy for donor opt-out privacy, and donor bill of rights are all available on our website.

Filing and Contact Details

Filer

Filer Name
Hualalai Ohana Foundation
EIN
81-0570716
Phone
8083254701
Address
PO BOX 5227, KAILUAKONA, HI 96745

Signing Officer

Name
Dean Mcphail
Title
Treasurer
Phone
8083254701
Signed
2025-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Schnitzler-verissimo
Formed
2002
Legal Domicile
Hi
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
23

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Gretchen Kremeyer
Phone
8082425002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Scholarships and awards are granted to the hualalai community employees, their spouses, and their children. Medical awards cover expenses incurred beyond medical insurance, and educational scholarships are for preschool through college, plus tutoring and work training.

Form 990, Page 2, Part III, Line 4A

Educational awards and programs. In 2024 there were 80 scholarships for pre-k through 12th grade, 44 scholarships for higher education, and 157 coursework/tutoring awards. Educational program included: keiki literacy and learning program - distributes books each month to children of hualalai resort workforce and organizes an annual child literacy book fair for families and children to inspire a love for literacy and learning among children (191 awards in 2024). Honor roll - recognizes and awards children of hualalai resort employees in grades 6-12 (92 in 2024). Work for college match - awards students for summer employment earnings with a cash match of up to 1,500 (28 awards in 2024). Technology for education - awards granted in 2024 included 14 awards to support the remote learning needs of families in support of purchasing a laptop, computer, printer, router, or headset.

Form 990, Page 2, Part III, Line 4B

Summer microschool pilot program: halau lamaku at kalaemano. In july 2024, 48 keiki participated in a two-week educational summer enrichment program coordinated in partnership with the university of hawaii 'imiloa astronomy center. Lama signifies "light- or "enlightenment" - evoking learning, knowledge, and understanding. Halau lamaku honors the lama tree, a native dry forest tree that grows in hawaii and nowhere else in the world. This informal science education/microschool offered place-based enrichment learning for keiki, welcoming young explorers in grades 1-6 to discover hawaii and strengthen connections to there island home, and to the ahupua'a (land) or ka'upulehu (where hualalai resort is located). Explorers engaged in hands-on activities, crafts, games, outdoor exploration, art and observation grounded in hawaiian culture, science, math and art. Explorers voyaged from deep ocean to deep space, and everything in between. The program was custom-designed to provide social and academic stimulation for local children in a safe environment, inspiring pride, connection and relevance here at hualalai where their parents are employed. The theme for the 2024 camp was "the voyage."

Form 990, Part XI, Line 9

Fundraising expenses 190,531 fundraising expenses -190,531

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Established by the board to provide a stable source of income, better invest the foundation's reserve funds at a higher yield, and to create the structure for perpetual giving.

Schedule D, Page 3, Part X

The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and also from state of hawaii income taxes under section 237-23(b) of the hawaii revised statutes. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There was no unrecognized tax benefits identified or recorded as liabilities for the year ended december 31, 2024. The foundation files its forms 990 in the u.s. Federal jurisdiction and the office of the attorney general for the state of hawaii. The foundation is generally no longer subject to examination by the internal revenue service for the years before 2021.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 190,531

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 190,531

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0EDUCATIONAL AWARDS AND PROGRAMS. IN 2024 THERE WERE 80 SCHOLARSHIPS FOR PRE-K THROUGH 12TH GRADE, 44 SCHOLARSHIPS FOR HIGHER EDUCATION, AND 157 COURSEWORK/TUTORING AWARDS. EDUCATIONAL PROGRAM INCLUDED: KEIKI LITERACY AND LEARNING PROGRAM - DISTRIBUTES BOOKS EACH MONTH TO CHILDREN OF HUALALAI RESORT WORKFORCE AND ORGANIZES AN ANNUAL CHILD LITERACY BOOK FAIR FOR FAMILIES AND CHILDREN TO INSPIRE A LOVE FOR LITERACY AND LEARNING AMONG CHILDREN (191 AWARDS IN 2024). HONOR ROLL - RECOGNIZES AND AWARDS CHILDREN OF HUALALAI RESORT EMPLOYEES IN GRADES 6-12 (92 IN 2024). WORK FOR COLLEGE MATCH - AWARDS STUDENTS FOR SUMMER EMPLOYMENT EARNINGS WITH A CASH MATCH OF UP TO 1,500 (28 AWARDS IN 2024). TECHNOLOGY FOR EDUCATION - AWARDS GRANTED IN 2024 INCLUDED 14 AWARDS TO SUPPORT THE REMOTE LEARNING NEEDS OF FAMILIES IN SUPPORT OF PURCHASING A LAPTOP, COMPUTER, PRINTER, ROUTER, OR HEADSET.
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IRS990/MissionDesc0SCHOLARSHIPS AND AWARDS ARE GRANTED TO THE HUALALAI COMMUNITY EMPLOYEES, THEIR SPOUSES, AND THEIR CHILDREN. MEDICAL AWARDS COVER EXPENSES INCURRED BEYOND MEDICAL INSURANCE, AND EDUCATIONAL SCHOLARSHIPS ARE FOR PRESCHOOL THROUGH COLLEGE, PLUS TUTORING AND WORK TRAINING.
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IRS990/OtherExpensesGrp/Desc0SUMMER CAMP PROGRAM
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IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER MICROSCHOOL PILOT PROGRAM: HALAU LAMAKU AT KALAEMANO. IN JULY 2024, 48 KEIKI PARTICIPATED IN A TWO-WEEK EDUCATIONAL SUMMER ENRICHMENT PROGRAM COORDINATED IN PARTNERSHIP WITH THE UNIVERSITY OF HAWAII 'IMILOA ASTRONOMY CENTER. LAMA SIGNIFIES "LIGHT- OR "ENLIGHTENMENT" - EVOKING LEARNING, KNOWLEDGE, AND UNDERSTANDING. HALAU LAMAKU HONORS THE LAMA TREE, A NATIVE DRY FOREST TREE THAT GROWS IN HAWAII AND NOWHERE ELSE IN THE WORLD. THIS INFORMAL SCIENCE EDUCATION/MICROSCHOOL OFFERED PLACE-BASED ENRICHMENT LEARNING FOR KEIKI, WELCOMING YOUNG EXPLORERS IN GRADES 1-6 TO DISCOVER HAWAII AND STRENGTHEN CONNECTIONS TO THERE ISLAND HOME, AND TO THE AHUPUA'A (LAND) OR KA'UPULEHU (WHERE HUALALAI RESORT IS LOCATED). EXPLORERS ENGAGED IN HANDS-ON ACTIVITIES, CRAFTS, GAMES, OUTDOOR EXPLORATION, ART AND OBSERVATION GROUNDED IN HAWAIIAN CULTURE, SCIENCE, MATH AND ART. EXPLORERS VOYAGED FROM DEEP OCEAN TO DEEP SPACE, AND EVERYTHING IN BETWEEN. THE PROGRAM WAS CUSTOM-DESIGNED TO PROVIDE SOCIAL AND ACADEMIC STIMULATION FOR LOCAL CHILDREN IN A SAFE ENVIRONMENT, INSPIRING PRIDE, CONNECTION AND RELEVANCE HERE AT HUALALAI WHERE THEIR PARENTS ARE EMPLOYED. THE THEME FOR THE 2024 CAMP WAS "THE VOYAGE."
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IRS990/ProgSrvcAccomActy3Grp/Desc0MEDICAL FINANCIAL ASSISTANCE AWARDS INCLUDED 193 AWARDS TO SUPPORT HEALTH AND WELL-BEING OF FAMILIES STRUGGLING WITH EMERGENT MEDICAL CRISIS AND SERIOUS MEDICAL NEEDS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ESTABLISHED BY THE BOARD TO PROVIDE A STABLE SOURCE OF INCOME, BETTER INVEST THE FOUNDATION'S RESERVE FUNDS AT A HIGHER YIELD, AND TO CREATE THE STRUCTURE FOR PERPETUAL GIVING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ALSO FROM STATE OF HAWAII INCOME TAXES UNDER SECTION 237-23(B) OF THE HAWAII REVISED STATUTES. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WAS NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2024. THE FOUNDATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE ATTORNEY GENERAL FOR THE STATE OF HAWAII. THE FOUNDATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE YEARS BEFORE 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 190,531
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES 190,531

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