Civic Intelligence

Mlt LL Inc.

990 • Fiscal year 2021 • EIN 82-0652876

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 28, 2023

PO Box 1884Kaunakakai, HI 96748

(808) 553-5626

Siviq Scores

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

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

8.64x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

68th percentile

$96,132

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 418.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

27th percentile

-0.0%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

0.0%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,625,998

Down $3 (-0.0%) from 2020

Net Assets

Up

$4,427,337

Up $22,990 (+0.5%) from 2020

Liabilities

Down

$198,661

Down $22,993 (-10%) from 2020

Revenue

Up

$22,990

Up $5 (+0.0%) from 2020

Expenses

Flat

$0

Flat from 2020

Net Income

Up

$22,990

Up $5 (+0.0%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2020: $4,626,001Liabilities 2020: $221,654Net Assets 2020: $4,404,3472020Assets 2021: $4,625,998Liabilities 2021: $198,661Net Assets 2021: $4,427,3372021Assets 2022: $4,625,696Liabilities 2022: $175,665Net Assets 2022: $4,450,0312022Assets 2023: $4,625,692Liabilities 2023: $152,673Net Assets 2023: $4,473,0192023Assets 2024: $4,631,433Liabilities 2024: $135,426Net Assets 2024: $4,496,0072024

Highlighted filing

2021

Assets$4,625,998
Liabilities$198,661
Net Assets$4,427,337

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30K$20K$10K$0Revenue 2020: $22,985Expenses 2020: $0Net Income 2020: $22,9852020Revenue 2021: $22,990Expenses 2021: $0Net Income 2021: $22,9902021Revenue 2022: $22,988Expenses 2022: $294Net Income 2022: $22,6942022Revenue 2023: $22,988Expenses 2023: $0Net Income 2023: $22,9882023Revenue 2024: $22,988Expenses 2024: $0Net Income 2024: $22,9882024

Highlighted filing

2021

Revenue$22,990
Expenses$0
Net Income$22,990
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 28, 2023
Return Version
2020v4.0
Gross Receipts
$22,990
Mission and Program Overview

Mission

To provide support and assistance exclusively for the benefit of mlt holdings, inc., and to assist mlt holdings, inc. To carry out its purposes and functions.

To provide support and assistance exclusively for the benefit of molokai land trust, and to assist molokai land trust to carry out its purposes and functions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,597,600$4,597,600→ $0
Cash and Non-Interest-Bearing Accounts$28,401$28,398▼ $3
Total Assets$4,626,001$4,625,998▼ $3
Liabilities
Other Liabilities$221,654$198,661▼ $22,993
Total Liabilities$221,654$198,661▼ $22,993
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,404,347$4,427,337▲ $22,990
Total Net Assets Fund Balance$4,404,347$4,427,337▲ $22,990
Total Liabilities and Net Assets / Fund Balance$4,626,001$4,625,998▼ $3
Compensation and Service Providers

Employees

NameTitleOtherTotal
William HaasePresident$96,132$96,132

Board Members and Trustees

NameTitle
Diane PikeTreasurer/se
Richard a Cooke IiiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,990
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$22,990
Expenses and Functional Allocation

Major Expense Lines

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

Other Reported Liabilities

LiabilityAmount
Payable to Molokai Land Trust$198,661
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

The board of directors reviews the form 990 prior to filing.

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

An interested person must disclose all material facts to the directors and members of committees, and recuse themselves while remaining members decide if conflict exists.

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

Compensation is based on competent survey information and result of arm's length bargaining.

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

Compensation is based on competent survey information and result of arm's length bargaining.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Mlt Ll Inc
EIN
82-0652876
Phone
8085535626
Address
PO BOX 1884, KAUNAKAKAI, HI 96748

Signing Officer

Name
William Haase
Title
President
Phone
8085535626
Signed
2023-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Haase
Formed
2017
Legal Domicile
Hi
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Gretchen Kremeyer
Phone
8082425002
Raw XML Appendix325 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.

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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MLT LL INC
ReturnHeader/Filer/BusinessNameControlTxt0MLTL
ReturnHeader/Filer/EIN0820652876
ReturnHeader/Filer/PhoneNum08085535626
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1884
ReturnHeader/Filer/USAddress/CityNm0KAUNAKAKAI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096748
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990303190
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARBONARO CPAS & MANAGEMENT GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01885 MAIN ST STE 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAILUKU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096793
ReturnHeader/PreparerPersonGrp/PhoneNum08082425002
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GRETCHEN KREMEYER
ReturnHeader/ReturnTs02023-07-28T16:04:29-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAASE
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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