Civic Intelligence

The Education Incubator

EIN 81-5155325 • 501(c)3 • Honolulu, HI

Profile

To empower people to live with passion and purpose in service of a better world through placebased, culturallygrounded workshops, programs, and professional development.

PO Box 11693Honolulu, HI 96828

www.eduincubator.org

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.02x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.01x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

24th percentile

-10.0%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$158,876

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

17th percentile

-15%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

64%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$381,071

Down $65,705 (-15%) from 2023

Liabilities

Up

$7,500

Up $4,364 (+139%) from 2023

Net Assets

Down

$373,571

Down $70,069 (-16%) from 2023

Revenue

Up

$702,059

Up $274,258 (+64%) from 2023

Expenses

Up

$772,128

Up $122,457 (+19%) from 2023

Net Income

Up

-$70,069

Up $151,801 (+68%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2018: $116,666Liabilities 2018: $0Net Assets 2018: $116,6662018Assets 2019: $104,669Liabilities 2019: $83Net Assets 2019: $104,5862019Assets 2020: $212,861Liabilities 2020: $26,868Net Assets 2020: $185,9932020Assets 2021: $367,483Liabilities 2021: $59,286Net Assets 2021: $308,1972021Assets 2022: $684,200Liabilities 2022: $18,691Net Assets 2022: $665,5092022Assets 2023: $446,776Liabilities 2023: $3,136Net Assets 2023: $443,6402023Assets 2024: $381,071Liabilities 2024: $7,500Net Assets 2024: $373,5712024

Highlighted filing

2024

Assets$381,071
Liabilities$7,500
Net Assets$373,571

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $501,408Expenses 2018: $384,742Net Income 2018: $116,6662018Revenue 2019: $366,125Expenses 2019: $378,205Net Income 2019: -$12,0802019Revenue 2020: $496,052Expenses 2020: $414,645Net Income 2020: $81,4072020Revenue 2021: $545,900Expenses 2021: $423,696Net Income 2021: $122,2042021Revenue 2022: $564,965Expenses 2022: $366,784Net Income 2022: $198,1812022Revenue 2023: $427,801Expenses 2023: $649,671Net Income 2023: -$221,8702023Revenue 2024: $702,059Expenses 2024: $772,128Net Income 2024: -$70,0692024

Highlighted filing

2024

Revenue$702,059
Expenses$772,128
Net Income-$70,069

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.0
Gross Receipts
$702,059
Mission and Program Overview

Mission

At Education Incubator, we empower people to live with passion and purpose in service of a better world. Through social innovation and entrepreneurship programs for youth adn community and professional development for educators and organizations we work to provide place-based, culture-based, purpose-driven innovative approaches to education and entrepreneurship for a thriving Hawaii and world.

To empower people to live with passion and purpose in service of a better world through placebased, culturallygrounded workshops, programs, and professional development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$423,089$372,229▼ $50,860
Land, Buildings, and Equipment, Net$6,579$4,755▼ $1,824
Prepaid Expenses and Deferred Charges$2,250$2,250→ $0
Cash and Non-Interest-Bearing Accounts$13,858$837▼ $13,021
Total Assets$446,776$381,071▼ $65,705
Other Assets Total$1,000$1,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,136$7,500▲ $4,364
Total Liabilities$3,136$7,500▲ $4,364
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$443,640$373,571▼ $70,069
Total Net Assets Fund Balance$443,640$373,571▼ $70,069
Total Liabilities and Net Assets / Fund Balance$446,776$381,071▼ $65,705

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,755$8,296$13,051
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Miki TomitaExecutive DiFT$143,576$15,300$158,876
Miki TomitaExecutive Director-$143,576$15,300$158,876

Board Members and Trustees

NameTitle
Herb LeePresident
Brian DoteDirector
Christine MatsudaSecretary
Keoni LeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,025
Program Service Revenue
$651,784
Investment Income
$8,250
Other Revenue
$0
All Other Contributions
$42,025
Change in Net Assets
$-70,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,377
Salaries, Compensation, and Employee Benefits$372,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$289,219$4,057-$293,276
Other Salaries and Wages$125,399$39,309-$164,708
Current Officers, Directors, Trustees, and Key Employees$110,690$32,886-$143,576
Travel$41,119$3,274-$44,393
Payroll Taxes$27,382$8,354-$35,736
Occupancy-$26,844-$26,844
Other Employee Benefits$14,044$3,834-$17,878
Pension Plan Contributions$5,512$5,341-$10,853
Office Expenses$9,326$921-$10,247
Information Technology$550$7,267-$7,817
Insurance-$2,165-$2,165
Depreciation Depletion$1,825--$1,825
Fees for Services Accounting-$1,822-$1,822
Other Expenses$15$167-$182
Total Functional Expenses$633,568$138,560$0$772,128
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
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
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, Page 6, Part VI, Line 11B

A draft copy of form 990 was provided to all members of the board of directors as well as the fiscal officer and executive director of the organization. The draft form 990 was reviewed by the board of directors and approved for submission prior to submission. Authority to approve, sign, and submit form 990 is delegated to the fiscal officer.

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

Enforcement of conflict of interest policy - a board member may feel that he, she or another board member may have actual or perceived conflict of interest regarding any one or more topics of discussion (via email, conference call, or in person) and/or decision discussion and /or decision making. Otherwise, a decision will be reached by all other board members, prior to the agenda item(s) deemed to be of actual or perceived conflict with the board member(s) under question, as to making. In such case, any board member(s) with actual or perceived conflict of interest shall disclose this, and recuse themselves from whether or not such board member(s) should be excused from discussion and/or decision making for this (these) agenda item(s).

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

Compensation process for top official compensation is based on market research. Data from labor and wage statistics from at least three sources is gathered and given to the board of directors who reviews employee performance and makes compensation change determinations. This process occurs yearly as part of producing the yearly budget. Line 15b: compensation process for top official compensation is based on market research. Data from labor and wage statistics from at least three sources is gathered and given to the executive director who reviews employee performance and makes compensation change determination with final review and approval from the board of directors. This process occurs yearly as part of producing the yearly budget.

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

The compensation process for top official compensation is based on market research. Data from labor and wage statistics from at least three sources is gathered and given to the executive director who reviews employee performance and makes compensation change determination with final review and approval from the board of directors. This process occurs yearly as part of producing the yearly budget.

Form 990, Page 6, Part VI, Line 18

Documents are made available upon request.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Education Incubator
EIN
81-5155325
Phone
8082559887
Address
PO BOX 11693, HONOLULU, HI 96828

Signing Officer

Name
Miki Tomita
Title
Executive Director
Phone
8082559887
Signed
2025-05-28

Organization Details

Principal Officer
Miki Tomita
Formed
2015
Legal Domicile
Hi
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
6

Preparer

Firm
Jay Miyaki CPA LLC
Address
600 QUEEN ST STE C4, HONOLULU, HI 96813
Preparer
Jay Miyaki
Phone
8085221042
Supplemental Narrative

Additional Explanations

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

Foundations of aloha offers cohorts of youth, families, and educators daily opportunities for building social emotional learning and living practices grounded in the values of hawaii and the teachings of aloha. We offer learning and practice opportunities for hawaii's youth and families to support wellbeing and stability and provide professional development support to organizations that offer youth and family programming. These supports range from codesigning programs, to providing workshops, and other forms of consulting. Innovation with aloha focuses on bringing the practices associated with innovation and entrepreneurship to educational contexts, through workshops, classes, curriculum design, and professional development. Iwa focuses on community problem-solving and solution-generating through the lens of passion, purpose, and positive-change, helping youth and educators to turn learning into opportunities for positive impact in local communities. This work includes classes and experiences in design thinking, rapid prototyping, product development, essentials of entrepreneurship, and creative confidence. The hawaii online portal for education (hope) initiative supports teachers across hawaii to access, adapt and create digital resources for education. Through the collaboration of stakeholders across hawaii's educational landscape, we aim to create accessible, rich, and perpetually improving portal for education for hawaii. Direct services special projects through our special projects consulting program, we support organizations to identify and achieve the social impact goals of their organization through the various skillsets and expertise of our staff. These services include curriculum design, facilitation, strategic visioning, project management, and professional development services. The organizations in this category are those who we work closely with as ohana, bound by social, cultural, and wisdom capital that is gifted to us through practitioners of ancestral and indigenous knowledge traditions. Direct services support organizations to identify and achieve the social impact goals of their organization through the various skillsets and expertise of our staff. These services include curriculum design, facilitation, strategic visioning, project management, and professional development services. The organizations in this category are those who we work closely with as ohana, bound by social, cultural, and wisdom capital that is gifted to us through practitioners of ancestral and indigenous knowledge traditions.

Form 990, Part IX, Line 11G

Contract services 289,219 4,057 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUNDATIONS OF ALOHA OFFERS COHORTS OF YOUTH, FAMILIES, AND EDUCATORS DAILY OPPORTUNITIES FOR BUILDING SOCIAL EMOTIONAL LEARNING AND LIVING PRACTICES GROUNDED IN THE VALUES OF HAWAII AND THE TEACHINGS OF ALOHA. WE OFFER LEARNING AND PRACTICE OPPORTUNITIES FOR HAWAII'S YOUTH AND FAMILIES TO SUPPORT WELLBEING AND STABILITY AND PROVIDE PROFESSIONAL DEVELOPMENT SUPPORT TO ORGANIZATIONS THAT OFFER YOUTH AND FAMILY PROGRAMMING. THESE SUPPORTS RANGE FROM CODESIGNING PROGRAMS, TO PROVIDING WORKSHOPS, AND OTHER FORMS OF CONSULTING. INNOVATION WITH ALOHA FOCUSES ON BRINGING THE PRACTICES ASSOCIATED WITH INNOVATION AND ENTREPRENEURSHIP TO EDUCATIONAL CONTEXTS, THROUGH WORKSHOPS, CLASSES, CURRICULUM DESIGN, AND PROFESSIONAL DEVELOPMENT. IWA FOCUSES ON COMMUNITY PROBLEM-SOLVING AND SOLUTION-GENERATING THROUGH THE LENS OF PASSION, PURPOSE, AND POSITIVE-CHANGE, HELPING YOUTH AND EDUCATORS TO TURN LEARNING INTO OPPORTUNITIES FOR POSITIVE IMPACT IN LOCAL COMMUNITIES. THIS WORK INCLUDES CLASSES AND EXPERIENCES IN DESIGN THINKING, RAPID PROTOTYPING, PRODUCT DEVELOPMENT, ESSENTIALS OF ENTREPRENEURSHIP, AND CREATIVE CONFIDENCE. THE HAWAII ONLINE PORTAL FOR EDUCATION (HOPE) INITIATIVE SUPPORTS TEACHERS ACROSS HAWAII TO ACCESS, ADAPT AND CREATE DIGITAL RESOURCES FOR EDUCATION. THROUGH THE COLLABORATION OF STAKEHOLDERS ACROSS HAWAII'S EDUCATIONAL LANDSCAPE, WE AIM TO CREATE ACCESSIBLE, RICH, AND PERPETUALLY IMPROVING PORTAL FOR EDUCATION FOR HAWAII. DIRECT SERVICES SPECIAL PROJECTS THROUGH OUR SPECIAL PROJECTS CONSULTING PROGRAM, WE SUPPORT ORGANIZATIONS TO IDENTIFY AND ACHIEVE THE SOCIAL IMPACT GOALS OF THEIR ORGANIZATION THROUGH THE VARIOUS SKILLSETS AND EXPERTISE OF OUR STAFF. THESE SERVICES INCLUDE CURRICULUM DESIGN, FACILITATION, STRATEGIC VISIONING, PROJECT MANAGEMENT, AND PROFESSIONAL DEVELOPMENT SERVICES. THE ORGANIZATIONS IN THIS CATEGORY ARE THOSE WHO WE WORK CLOSELY WITH AS OHANA, BOUND BY SOCIAL, CULTURAL, AND WISDOM CAPITAL THAT IS GIFTED TO US THROUGH PRACTITIONERS OF ANCESTRAL AND INDIGENOUS KNOWLEDGE TRADITIONS. DIRECT SERVICES SUPPORT ORGANIZATIONS TO IDENTIFY AND ACHIEVE THE SOCIAL IMPACT GOALS OF THEIR ORGANIZATION THROUGH THE VARIOUS SKILLSETS AND EXPERTISE OF OUR STAFF. THESE SERVICES INCLUDE CURRICULUM DESIGN, FACILITATION, STRATEGIC VISIONING, PROJECT MANAGEMENT, AND PROFESSIONAL DEVELOPMENT SERVICES. THE ORGANIZATIONS IN THIS CATEGORY ARE THOSE WHO WE WORK CLOSELY WITH AS OHANA, BOUND BY SOCIAL, CULTURAL, AND WISDOM CAPITAL THAT IS GIFTED TO US THROUGH PRACTITIONERS OF ANCESTRAL AND INDIGENOUS KNOWLEDGE TRADITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AS WELL AS THE FISCAL OFFICER AND EXECUTIVE DIRECTOR OF THE ORGANIZATION. THE DRAFT FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED FOR SUBMISSION PRIOR TO SUBMISSION. AUTHORITY TO APPROVE, SIGN, AND SUBMIT FORM 990 IS DELEGATED TO THE FISCAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICT OF INTEREST POLICY - A BOARD MEMBER MAY FEEL THAT HE, SHE OR ANOTHER BOARD MEMBER MAY HAVE ACTUAL OR PERCEIVED CONFLICT OF INTEREST REGARDING ANY ONE OR MORE TOPICS OF DISCUSSION (VIA EMAIL, CONFERENCE CALL, OR IN PERSON) AND/OR DECISION DISCUSSION AND /OR DECISION MAKING. OTHERWISE, A DECISION WILL BE REACHED BY ALL OTHER BOARD MEMBERS, PRIOR TO THE AGENDA ITEM(S) DEEMED TO BE OF ACTUAL OR PERCEIVED CONFLICT WITH THE BOARD MEMBER(S) UNDER QUESTION, AS TO MAKING. IN SUCH CASE, ANY BOARD MEMBER(S) WITH ACTUAL OR PERCEIVED CONFLICT OF INTEREST SHALL DISCLOSE THIS, AND RECUSE THEMSELVES FROM WHETHER OR NOT SUCH BOARD MEMBER(S) SHOULD BE EXCUSED FROM DISCUSSION AND/OR DECISION MAKING FOR THIS (THESE) AGENDA ITEM(S).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION IS BASED ON MARKET RESEARCH. DATA FROM LABOR AND WAGE STATISTICS FROM AT LEAST THREE SOURCES IS GATHERED AND GIVEN TO THE BOARD OF DIRECTORS WHO REVIEWS EMPLOYEE PERFORMANCE AND MAKES COMPENSATION CHANGE DETERMINATIONS. THIS PROCESS OCCURS YEARLY AS PART OF PRODUCING THE YEARLY BUDGET. LINE 15B: COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION IS BASED ON MARKET RESEARCH. DATA FROM LABOR AND WAGE STATISTICS FROM AT LEAST THREE SOURCES IS GATHERED AND GIVEN TO THE EXECUTIVE DIRECTOR WHO REVIEWS EMPLOYEE PERFORMANCE AND MAKES COMPENSATION CHANGE DETERMINATION WITH FINAL REVIEW AND APPROVAL FROM THE BOARD OF DIRECTORS. THIS PROCESS OCCURS YEARLY AS PART OF PRODUCING THE YEARLY BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION IS BASED ON MARKET RESEARCH. DATA FROM LABOR AND WAGE STATISTICS FROM AT LEAST THREE SOURCES IS GATHERED AND GIVEN TO THE EXECUTIVE DIRECTOR WHO REVIEWS EMPLOYEE PERFORMANCE AND MAKES COMPENSATION CHANGE DETERMINATION WITH FINAL REVIEW AND APPROVAL FROM THE BOARD OF DIRECTORS. THIS PROCESS OCCURS YEARLY AS PART OF PRODUCING THE YEARLY BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACT SERVICES 289,219 4,057 0
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