Civic Intelligence

Hawaii Children'S Foundation

990 • Fiscal year 2017 • EIN 88-0483350

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

650 Iwilei Road Ste 400Honolulu, HI 96817

(808) 393-4005

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-382%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

17th percentile

-6.2%

Faster asset growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

62%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,063,290

Down $70,228 (-6.2%) from 2016

Net Assets

Down

$1,062,571

Down $70,081 (-6.2%) from 2016

Liabilities

Down

$719

Down $147 (-17%) from 2016

Revenue

Up

$43,859

Up $16,808 (+62%) from 2016

Expenses

Up

$211,465

Up $58,861 (+39%) from 2016

Net Income

Down

-$167,606

Down $42,053 (-33%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,439,936Liabilities 2010: $0Net Assets 2010: $1,439,9362010Assets 2011: $1,439,130Liabilities 2011: $1,353Net Assets 2011: $1,437,7772011Assets 2012: $1,454,229Liabilities 2012: $2,502Net Assets 2012: $1,451,7272012Assets 2013: $1,425,569Liabilities 2013: $4,616Net Assets 2013: $1,420,9532013Assets 2014: $1,355,166Liabilities 2014: $1,889Net Assets 2014: $1,353,2772014Assets 2015: $1,164,166Liabilities 2015: $3,430Net Assets 2015: $1,160,7362015Assets 2016: $1,133,518Liabilities 2016: $866Net Assets 2016: $1,132,6522016Assets 2017: $1,063,290Liabilities 2017: $719Net Assets 2017: $1,062,5712017Assets 2018: $795,101Liabilities 2018: $284Net Assets 2018: $794,8172018Assets 2019: $803,068Liabilities 2019: $0Net Assets 2019: $803,0682019Assets 2020: $716,404Liabilities 2020: $2,264Net Assets 2020: $714,1402020Assets 2021: $634,841Liabilities 2021: $62,692Net Assets 2021: $572,1492021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$1,063,290
Liabilities$719
Net Assets$1,062,571

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $407,789Expenses 2010: $37,102Net Income 2010: $370,6872010Revenue 2011: $104,524Expenses 2011: $82,501Net Income 2011: $22,0232011Revenue 2012: $143,940Expenses 2012: $149,196Net Income 2012: -$5,2562012Revenue 2013: $103,835Expenses 2013: $197,931Net Income 2013: -$94,0962013Revenue 2014: $271,729Expenses 2014: $220,315Net Income 2014: $51,4142014Revenue 2015: $49,588Expenses 2015: $158,671Net Income 2015: -$109,0832015Revenue 2016: $27,051Expenses 2016: $152,604Net Income 2016: -$125,5532016Revenue 2017: $43,859Expenses 2017: $211,465Net Income 2017: -$167,6062017Revenue 2018: $100,813Expenses 2018: $211,854Net Income 2018: -$111,0412018Revenue 2019: $57,694Expenses 2019: $163,946Net Income 2019: -$106,2522019Revenue 2020: $178,798Expenses 2020: $280,086Net Income 2020: -$101,2882020Revenue 2021: $204,084Expenses 2021: $344,384Net Income 2021: -$140,3002021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2017

Revenue$43,859
Expenses$211,465
Net Income-$167,606
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$449,182
Mission and Program Overview

Mission

The organization has become the catalyst for bringing the private sector into hawaii's public education system through its provision of high quality programs benefitting teachers and their students via three main initiatives: the after-school programs, teacher/business internship, and supportmyclass.org. The goal is to expose teachers and students to industry leaders and professional business partners from the community by creating comprehensive and innovative curriculums that provide students with problem-solving and creative thinking skills to help them succeed in school and in life.

The organization was originally named charitable cancer and medical clinics of america, inc. And was founded by dr henry tai. With the demise of dr. Tai, the organization changed its charitable focus from cancer treatment of indigent patients to one currently focused on meeting the needs of schools and school children in the local community through several program initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,132,652$1,062,571▼ $70,081
Investments Other Securities$980,672$950,842▼ $29,830
Cash and Non-Interest-Bearing Accounts$97,750$84,161▼ $13,589
Savings and Temporary Cash Investments$55,096$28,287▼ $26,809
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,133,518$1,063,290▼ $70,228
Liabilities
Accounts Payable and Accrued Expenses$866$719▼ $147
Total Liabilities$866$719▼ $147
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,132,652$1,062,571▼ $70,081
Total Liabilities and Net Assets / Fund Balance$1,133,518$1,063,290▼ $70,228

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$5,109$5,109
Other Securities$553,843--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles King CottonPresident
Ralph Terou JohiroDirector
Raymond Theodore Kolby JrDirector
Susan Shinsato TaiDirector
Jamie HartnettExecutive Director
Sheila RegoTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$84,089
Program Service Revenue
$0
Investment Income
$-40,230
Other Revenue
$0
All Other Contributions
$84,089
Change in Net Assets
$-167,606
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,465
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
All Other Expenses$32,482--$32,482
Other Expenses$14,267--$14,267
Fees for Services Other$257$12,000-$12,257
Fees for Services Accounting-$3,586-$3,586
Insurance$3,553--$3,553
Office Expenses$1,465--$1,465
Travel$1,296--$1,296
Depreciation Depletion-$1,234-$1,234
Total Functional Expenses$194,645$16,820$0$211,465
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
Backup withholding compliance
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
No
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

Form 990 was provided to the organization's governing body before it was filed through various means such as email and at board of directors meetings.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
HAWAII CHILDREN'S FOUNDATION
EIN
88-0483350
Phone
8083934005
Address
650 IWILEI ROAD STE 400, HONOLULU, HI 96817

Signing Officer

Name
Charles King Cotton
Title
Board President
Phone
8083934005
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles King Cotton
Formed
1996
Legal Domicile
Nv
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Tudor Wilson & Assoc Cpas LLC
Address
1150 S KING STREET 203, HONOLULU, HI 96814
Preparer
Stephen H Wilson
Phone
8085922000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supportmyclass wishlist expenses: program service expenses 14,236. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,236. Indep. Contractor: program service expenses 10,203. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,203. Phone & communications expenses: program service expenses 3,552. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,552. Donations: program service expenses 3,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,000. Dues & subscriptions: program service expenses 1,421. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,421. Parking: program service expenses 47. Management and general expenses 0. Fundraising expenses 0. Total expenses 47. Postage: program service expenses 23. Management and general expenses 0. Fundraising expenses 0. Total expenses 23.

Raw XML Appendix359 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0133666
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72610
IRS990ScheduleA/PublicSupportPY170Pct00.61840
IRS990ScheduleA/PublicSupportTotal170Amt0354380
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100224
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045368
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt064016
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0354380
IRS990ScheduleA/TotalSupportAmt0488046
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05109
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05109
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0323427
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt173572
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2553843
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ISHARES CORE S&P 500ETF
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ISHARES MSCI EMU ETF
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0950842
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED THROUGH VARIOUS MEANS SUCH AS EMAIL AND AT BOARD OF DIRECTORS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPORTMYCLASS WISHLIST EXPENSES: PROGRAM SERVICE EXPENSES 14,236. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,236. INDEP. CONTRACTOR: PROGRAM SERVICE EXPENSES 10,203. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,203. PHONE & COMMUNICATIONS EXPENSES: PROGRAM SERVICE EXPENSES 3,552. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,552. DONATIONS: PROGRAM SERVICE EXPENSES 3,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,421. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,421. PARKING: PROGRAM SERVICE EXPENSES 47. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47. POSTAGE: PROGRAM SERVICE EXPENSES 23. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01063290
IRS990/TotalAssetsGrp/BOYAmt01133518
IRS990/TotalAssetsGrp/EOYAmt01063290
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt084089
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016820
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194645
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211465
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0866
IRS990/TotalLiabilitiesEOYAmt0719
IRS990/TotalLiabilitiesGrp/BOYAmt0866
IRS990/TotalLiabilitiesGrp/EOYAmt0719
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01062571
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0194645
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-40230
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt043859
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01133518
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01063290
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01296
IRS990/TravelGrp/TotalAmt01296
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0HONOLULU
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096817
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HAWAIICHILDRENSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES KING COTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08083934005
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAWAII CHILDREN'S FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HAWA
ReturnHeader/Filer/EIN0880483350
ReturnHeader/Filer/PhoneNum08083934005
ReturnHeader/Filer/USAddress/AddressLine1Txt0650 IWILEI ROAD STE 400
ReturnHeader/Filer/USAddress/CityNm0HONOLULU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08C3A526BF57822AB4C499C23534E25CE4A70A0E8
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.91.144.90
ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0HS
ReturnHeader/FilingSecurityInformation/IPTm009:56:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262897230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TUDOR WILSON & ASSOC CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01150 S KING STREET 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096814
ReturnHeader/PreparerPersonGrp/PhoneNum08085922000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN H WILSON
ReturnHeader/ReturnTs02018-11-14T20:38:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.06$0.57$0.20$0.34$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.71$0.18$0.28$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.06$0.16$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.79$0.10$0.21$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.04$0.21$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.03$0.15$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.05$0.16$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.35$0.27$0.22$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.42$0.10$0.20$0.09
2012Summary only. Only limited summary data is available for this year.$1.45$0.00$1.45$0.14$0.15$0.01
2011Summary only. Only limited summary data is available for this year.$1.44$0.00$1.44$0.10$0.08$0.02
2010Summary only. Only limited summary data is available for this year.$1.44$0.00$1.44$0.41$0.04$0.37