Civic Intelligence

Hawaii Children'S Foundation

990 • Fiscal year 2018 • EIN 88-0483350

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 05, 2020

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

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

3rd percentile

-110%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

8th percentile

-25%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

130%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$795,101

Down $268,189 (-25%) from 2017

Net Assets

Down

$794,817

Down $267,754 (-25%) from 2017

Liabilities

Down

$284

Down $435 (-61%) from 2017

Revenue

Up

$100,813

Up $56,954 (+130%) from 2017

Expenses

Up

$211,854

Up $389 (+0.2%) from 2017

Net Income

Up

-$111,041

Up $56,565 (+34%) from 2017

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

2018

Assets$795,101
Liabilities$284
Net Assets$794,817

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

2018

Revenue$100,813
Expenses$211,854
Net Income-$111,041
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 5, 2020
Return Version
2018v3.1
Gross Receipts
$328,011
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$1,062,571$794,817▼ $267,754
Investments Other Securities$950,842$719,671▼ $231,171
Cash and Non-Interest-Bearing Accounts$84,161$44,978▼ $39,183
Savings and Temporary Cash Investments$28,287$30,452▲ $2,165
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$1,063,290$795,101▼ $268,189
Liabilities
Accounts Payable and Accrued Expenses$719$284▼ $435
Total Liabilities$719$284▼ $435
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,062,571$794,817▼ $267,754
Total Liabilities and Net Assets / Fund Balance$1,063,290$795,101▼ $268,189

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$5,109$5,109
Other Securities$431,913--
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
$44,066
Program Service Revenue
$0
Investment Income
$56,747
Other Revenue
$0
All Other Contributions
$44,066
Change in Net Assets
$-111,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,854
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$23,163--$23,163
Other Expenses$19,406--$19,406
Fees for Services Other$832$11,666-$12,498
Insurance$4,021--$4,021
Travel$3,404--$3,404
Fees for Services Accounting-$2,958-$2,958
Total Functional Expenses$197,230$14,624$0$211,854
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
2020-02-05
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

Indep. Contractor: program service expenses 10,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,100. Website maintenance: program service expenses 5,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,200. Dues & subscriptions: program service expenses 4,180. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,180. Phone & communications expenses: program service expenses 3,633. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,633. Parking: program service expenses 50. Management and general expenses 0. Fundraising expenses 0. Total expenses 50.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100224
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt045368
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0334430
IRS990ScheduleA/TotalSupportAmt0450589
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05109
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05109
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0223681
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt164077
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2431913
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/TotalBookValueSecuritiesAmt0719671
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/ExplanationTxt2INDEP. CONTRACTOR: PROGRAM SERVICE EXPENSES 10,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,100. WEBSITE MAINTENANCE: PROGRAM SERVICE EXPENSES 5,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,200. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 4,180. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,180. PHONE & COMMUNICATIONS EXPENSES: PROGRAM SERVICE EXPENSES 3,633. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,633. PARKING: PROGRAM SERVICE EXPENSES 50. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50.
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt01063290
IRS990/TotalAssetsGrp/EOYAmt0795101
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt044066
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014624
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0197230
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211854
IRS990/TotalGrossUBIAmt034435
IRS990/TotalLiabilitiesBOYAmt0719
IRS990/TotalLiabilitiesEOYAmt0284
IRS990/TotalLiabilitiesGrp/BOYAmt0719
IRS990/TotalLiabilitiesGrp/EOYAmt0284
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt022312
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100813
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt034435
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0795101
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03404
IRS990/TravelGrp/TotalAmt03404
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0HI
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IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HAWAIICHILDRENSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES KING COTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08083934005
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-05
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/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.91.144.90
ReturnHeader/FilingSecurityInformation/IPDt02020-02-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0HS
ReturnHeader/FilingSecurityInformation/IPTm011:14:42
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/PreparationDt02020-02-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN H WILSON
ReturnHeader/ReturnTs02020-02-28T17:51:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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