Civic Intelligence

Farrington Alumni and Community Foundation

990 • Fiscal year 2014 • EIN 99-0171947

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 29, 2014

P O Box 4261Honolulu, HI 96812-4261

(808) 227-1858

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

38th percentile

0.02x

Higher debt load relative to revenue than 38% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

21st percentile

-9.5%

Higher net margin than 21% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

24th percentile

-5.1%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

34th percentile

-2.3%

Faster revenue growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Flat

$933,435

Flat from 2014

Net Assets

Flat

$929,631

Flat from 2014

Liabilities

Flat

$3,804

Flat from 2014

Revenue

Flat

$238,091

Flat from 2014

Expenses

Flat

$260,641

Flat from 2014

Net Income

Flat

-$22,550

Flat from 2014

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: $799,565Liabilities 2010: $4,961Net Assets 2010: $794,6042010Assets 2011: $884,064Liabilities 2011: $1,961Net Assets 2011: $882,1032011Assets 2012: $917,107Liabilities 2012: $1,961Net Assets 2012: $915,1462012Assets 2013: $983,773Liabilities 2013: $3,804Net Assets 2013: $979,9692013Assets 2014: $933,435Liabilities 2014: $3,804Net Assets 2014: $929,6312014Assets 2014: $933,435Liabilities 2014: $3,804Net Assets 2014: $929,6312014Assets 2015: $1,018,727Liabilities 2015: $3,804Net Assets 2015: $1,014,9232015Assets 2016: $1,017,394Liabilities 2016: $0Net Assets 2016: $1,017,3942016Assets 2017: $1,038,115Liabilities 2017: $0Net Assets 2017: $1,038,1152017Assets 2018: $917,073Liabilities 2018: $0Net Assets 2018: $917,0732018Assets 2019: $1,078,454Liabilities 2019: $0Net Assets 2019: $1,078,4542019Assets 2020: $1,132,939Liabilities 2020: $0Net Assets 2020: $1,132,9392020Assets 2021: $1,389,078Liabilities 2021: $0Net Assets 2021: $1,389,0782021Assets 2022: $1,298,963Liabilities 2022: $0Net Assets 2022: $1,298,9632022Assets 2023: $1,395,811Liabilities 2023: $10,346Net Assets 2023: $1,385,4652023Assets 2024: $1,441,300Liabilities 2024: $1,160Net Assets 2024: $1,440,1402024

Highlighted filing

2014

Assets$933,435
Liabilities$3,804
Net Assets$929,631

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $173,3832010Revenue 2011: $250,769Expenses 2011: $167,888Net Income 2011: $82,8812011Expenses 2012: $200,2222012Revenue 2013: $243,791Expenses 2013: $207,464Net Income 2013: $36,3272013Revenue 2014: $238,091Expenses 2014: $260,641Net Income 2014: -$22,5502014Revenue 2014: $238,091Expenses 2014: $260,641Net Income 2014: -$22,5502014Revenue 2015: $264,423Expenses 2015: $149,819Net Income 2015: $114,6042015Revenue 2016: $187,664Expenses 2016: $217,861Net Income 2016: -$30,1972016Revenue 2017: $206,648Expenses 2017: $276,557Net Income 2017: -$69,9092017Revenue 2018: $218,226Expenses 2018: $223,591Net Income 2018: -$5,3652018Revenue 2019: $224,732Expenses 2019: $190,839Net Income 2019: $33,8932019Revenue 2020: $244,067Expenses 2020: $210,860Net Income 2020: $33,2072020Revenue 2021: $460,803Expenses 2021: $211,939Net Income 2021: $248,8642021Revenue 2022: $391,203Expenses 2022: $293,426Net Income 2022: $97,7772022Revenue 2023: $413,724Expenses 2023: $308,704Net Income 2023: $105,0202023Revenue 2024: $511,895Expenses 2024: $452,779Net Income 2024: $59,1162024

Highlighted filing

2014

Revenue$238,091
Expenses$260,641
Net Income-$22,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 29, 2014
Return Version
2014v5.0
Gross Receipts
$827,240
Mission and Program Overview

Mission

To provide educational scholarships for graduating seniors of farrington high school and financial assistance for student related projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$772,204$764,201▼ $8,003
Savings and Temporary Cash Investments$114,271$103,813▼ $10,458
Cash and Non-Interest-Bearing Accounts$85,898$54,021▼ $31,877
Inventories for Sale or Use$11,400$11,400→ $0
Total Assets$983,773$933,435▼ $50,338
Liabilities
Escrow Account Liability$3,804$3,804→ $0
Total Liabilities$3,804$3,804→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$678,049$610,851▼ $67,198
Temporarily Rstr Net Assets$301,920$318,780▲ $16,860
Total Net Assets Fund Balance$979,969$929,631▼ $50,338
Total Liabilities and Net Assets / Fund Balance$983,773$933,435▼ $50,338
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve TakekawaPresident
Karen HosakaVice President
Kevin SumidaVice President
Alfredo TorcoDirector
Aureana NguyenDirector
Clayton TomDirector
Dan TakamatsuDirector
Donald YamatoDirector
Edwin HosakaDirector
Eleanor MatsunagaDirector
Glenda LauDirector
Jackson LeeDirector
Joji CristobalDirector
Michael GamiaoDirector
Miriam CardozaDirector
Phillip NakayamaDirector
Rizalina AtonDirector
Ropati LiuaDirector
Sam TiitiiDirector
Violet KagawaDirector
Wendy HorikamiDirector
Grace LeeAsst Treasurer
Denise Ah SueCorresponding Sec
Guy ShibayamaRecording Secretary
Alice NunogawaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,394
Program Service Revenue
$0
Investment Income
$79,837
Other Revenue
$9,860
All Other Contributions
$86,887
Change in Net Assets
$-22,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$217,980
Other Expenses$42,661
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$217,980--$217,980
Fees for Service Investment Mgmnt Fees$0$11,005$0$11,005
Other Expenses$0$1,705$0$1,705
Fees for Services Accounting$0$1,099$0$1,099
All Other Expenses$0$229$0$229
Total Functional Expenses$217,980$42,661$0$260,641
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
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Farrington Alumni & Community Foundation
EIN
99-0171947
Phone
8082271858
Address
P O BOX 4261, HONOLULU, HI 96812-4261

Signing Officer

Name
Steve Takekawa
Title
President
Phone
8082271858
Signed
2014-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Takekawa
Formed
1976
Legal Domicile
Hi
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
25

Preparer

Firm
Walter T C Chang CPA
Address
1268 YOUNG ST STE 301, HONOLULU, HI 96814-1801
Preparer
Walter T C Chang
Phone
8085978135
Supplemental Narrative

Additional Explanations

Pt V, Line 3B

no unrelated business gross income of $1,000 or more

Pt VI, Line 1A

reported number of voting members

Pt VI, Line 6

organization have members

Pt VI, Line 7A

members can vote for other members of the governing body

Pt VI, Line 7B

decisions subject to members

Pt VI, Line 8A

minutes are recorded of the governing body

Pt VI, Line 8B

committees minutes are recorded as necessary

Pt VI, Line 12C

no written conflict of interest policy of board

Pt VI, Line 18

upon request Form 990 available for public inspection

Pt VI, Line 19

upon request financial statements available for viewing

Pt VI, Line 11B

Form 990 reviewed by governing board before filing

Other

n/a

Form 990, Part IX, Line 24F

Licenses & fees 226. 0. 226. 0. Bank & merchant chgs 3. 0. 3. 0.

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IRS990/OtherRevenueTotalAmt09860
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STEVE TAKEKAWA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL ASSISTANCE FOR STUDENT RELATED PROJECTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0124730
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0166202
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0167404
IRS990/PYInvestmentIncomeAmt068074
IRS990/PYOtherExpensesAmt040060
IRS990/PYOtherRevenueAmt09515
IRS990/PYRevenuesLessExpensesAmt036327
IRS990/PYTotalExpensesAmt0207464
IRS990/PYTotalRevenueAmt0243791
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-22550
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114271
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0148394
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0166202
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0124411
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0238479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0126402
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0803888
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030269
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt026222
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt023856
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt021255
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019359
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0120961
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030269
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt026222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt023856
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019359
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0120961
IRS990ScheduleA/InvestmentIncomeCYPct00.13080
IRS990ScheduleA/InvestmentIncomePYPct00.14310
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.86920
IRS990ScheduleA/PublicSupportPY509Pct00.85690
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0803888
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0148394
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0166202
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0124411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0238479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0126402
IRS990ScheduleA/Total509Grp/TotalAmt0803888
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0924849
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0no unrelated business gross income of $1,000 or more
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1reported number of voting members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2organization have members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3members can vote for other members of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4decisions subject to members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5minutes are recorded of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6committees minutes are recorded as necessary
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7no written conflict of interest policy of board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8upon request Form 990 available for public inspection
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9upon request financial statements available for viewing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Form 990 reviewed by governing board before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11n/a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LICENSES & FEES 226. 0. 226. 0. BANK & MERCHANT CHGS 3. 0. 3. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0301920
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0318780
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0983773
IRS990/TotalAssetsEOYAmt0933435
IRS990/TotalAssetsGrp/BOYAmt0983773
IRS990/TotalAssetsGrp/EOYAmt0933435
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0148394
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042661
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0217980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0260641
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03804
IRS990/TotalLiabilitiesEOYAmt03804
IRS990/TotalLiabilitiesGrp/BOYAmt03804
IRS990/TotalLiabilitiesGrp/EOYAmt03804
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0979969
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0929631
IRS990/TotalProgramServiceExpensesAmt0217980
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt089697
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0238091
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0983773
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0933435
IRS990/TransactionWithControlEntInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$0.51$0.45$0.06
2023Summary only. Only limited summary data is available for this year.$1.40$0.01$1.39$0.41$0.31$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.00$1.30$0.39$0.29$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$0.46$0.21$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$0.24$0.21$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.22$0.19$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.00$0.92$0.22$0.22$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.21$0.28$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$0.19$0.22$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.01$0.26$0.15$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.24$0.26$0.02
2014Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$0.24$0.26$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.24$0.21$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.20
2011Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.25$0.17$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.79$0.17