Civic Intelligence

Augustine Educational Foundation

990 • Fiscal year 2020 • EIN 99-0230013

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 22, 2020

6301 Pali HighwayKaneohe, HI 96744

(808) 203-6736

Siviq Scores

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

Liabilities / Assets

65th percentile

0.39x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

10.50x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

1st percentile

-304%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

5th percentile

-13%

Faster asset growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-39%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$13,458,509

Down $1,968,971 (-13%) from 2019

Net Assets

Down

$8,171,686

Down $1,532,018 (-16%) from 2019

Liabilities

Down

$5,286,823

Down $436,953 (-7.6%) from 2019

Revenue

Down

$503,516

Down $319,886 (-39%) from 2019

Expenses

Down

$2,035,542

Down $279,207 (-12%) from 2019

Net Income

Down

-$1,532,026

Down $40,679 (-2.7%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $7,833,490Liabilities 2011: $1,636,987Net Assets 2011: $6,196,5032011Assets 2012: $8,750,519Liabilities 2012: $2,603,385Net Assets 2012: $6,147,1342012Assets 2013: $10,344,299Liabilities 2013: $4,161,057Net Assets 2013: $6,183,2422013Assets 2014: $12,609,316Liabilities 2014: $4,317,274Net Assets 2014: $8,292,0422014Assets 2015: $13,705,132Liabilities 2015: $4,556,669Net Assets 2015: $9,148,4632015Assets 2016: $14,117,736Liabilities 2016: $4,667,713Net Assets 2016: $9,450,0232016Assets 2017: $16,209,657Liabilities 2017: $5,285,353Net Assets 2017: $10,924,3042017Assets 2018: $16,593,332Liabilities 2018: $5,356,246Net Assets 2018: $11,237,0862018Assets 2019: $15,427,480Liabilities 2019: $5,723,776Net Assets 2019: $9,703,7042019Assets 2020: $13,458,509Liabilities 2020: $5,286,823Net Assets 2020: $8,171,6862020Assets 2021: $14,675,296Liabilities 2021: $6,755,722Net Assets 2021: $7,919,5742021Assets 2022: $11,916,385Liabilities 2022: $5,893,086Net Assets 2022: $6,023,2992022

Highlighted filing

2020

Assets$13,458,509
Liabilities$5,286,823
Net Assets$8,171,686

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $805,682Expenses 2011: $198,896Net Income 2011: $606,7862011Revenue 2012: $365,958Expenses 2012: $788,748Net Income 2012: -$422,7902012Revenue 2013: $1,567,362Expenses 2013: $837,664Net Income 2013: $729,6982013Revenue 2014: $3,040,989Expenses 2014: $932,188Net Income 2014: $2,108,8012014Revenue 2015: $1,956,206Expenses 2015: $1,099,802Net Income 2015: $856,4042015Revenue 2016: $1,831,540Expenses 2016: $1,529,980Net Income 2016: $301,5602016Revenue 2017: $4,508,958Expenses 2017: $3,034,682Net Income 2017: $1,474,2762017Revenue 2018: $1,385,313Expenses 2018: $1,072,531Net Income 2018: $312,7822018Revenue 2019: $823,402Expenses 2019: $2,314,749Net Income 2019: -$1,491,3472019Revenue 2020: $503,516Expenses 2020: $2,035,542Net Income 2020: -$1,532,0262020Revenue 2021: $1,590,806Expenses 2021: $1,842,920Net Income 2021: -$252,1142021Revenue 2022: $159,803Expenses 2022: $1,686,736Net Income 2022: -$1,526,9332022

Highlighted filing

2020

Revenue$503,516
Expenses$2,035,542
Net Income-$1,532,026
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 22, 2020
Return Version
2019v5.1
Gross Receipts
$503,516
Mission and Program Overview

Mission

To provide scholarships to students attending

To provide scholarships to students attending hawaii catholic schools and to award grants to educators within the catholic school system of hawaii.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$9,443,299$10,392,974▲ $949,675
Pledges and Grants Receivable$3,385,367$2,514,723▼ $870,644
Savings and Temporary Cash Investments$2,000,000--
Cash and Non-Interest-Bearing Accounts$579,553$533,799▼ $45,754
Land, Buildings, and Equipment, Net$4,855$2,707▼ $2,148
Total Assets$15,427,480$13,458,509▼ $1,968,971
Other Assets Total$14,406$14,306▼ $100
Liabilities
Escrow Account Liability$5,719,332$5,265,171▼ $454,161
Accounts Payable and Accrued Expenses$4,444$21,652▲ $17,208
Total Liabilities$5,723,776$5,286,823▼ $436,953
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,309,622$9,140,438▼ $1,169,184
Net Assets Without Donor Restrictions$-605,918$-968,752▼ $362,834
Total Net Assets Fund Balance$9,703,704$8,171,686▼ $1,532,018
Total Liabilities and Net Assets / Fund Balance$15,427,480$13,458,509▼ $1,968,971

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,707$59,816$62,523
Investment Program Related Org$10,392,974--
Land$0-$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bishop Larry SilvaChairman
Charlotte WhitePresident
Mikel GillilandVice President
Betsey GundersonBoard Member
Brother Sm BrinkBoard Member
Father Gary SecorBoard Member
Cori Ching WestonSecretary
Adam DornbushTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$965,150
Program Service Revenue
$0
Investment Income
$-461,634
Other Revenue
$0
All Other Contributions
$965,150
Change in Net Assets
$-1,532,026

Audited Revenue Reconciliation

Revenue per Audited Statements
$503,516
Total Revenue per Audited Statements
$503,516
Total Revenue per Form 990
$503,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,759,765
Salaries, Compensation, and Employee Benefits$183,792
Total Fundraising Expense$107,271
Other Expenses$91,985
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,759,765--$1,759,765
Other Salaries and Wages$41,555$37,062$33,693$112,310
Other Employee Benefits$22,442$20,016$18,197$60,655
Other Expenses$0$0$35,053$35,053
Fees for Services Accounting$12,146$10,834$9,849$32,829
Payroll Taxes$4,006$3,573$3,248$10,827
Advertising$2,634$2,349$2,136$7,119
Office Expenses$2,472$2,205$2,005$6,682
Occupancy$2,220$1,980$1,800$6,000
Depreciation Depletion$795$709$644$2,148
Travel$636$567$515$1,718
Fees for Services Other$161$144$131$436
Total Functional Expenses$1,848,832$79,439$107,271$2,035,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,532,026
Total Expenses per Audited Statements$1,532,026
Total Expenses per Form 990$1,532,026
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Augustine Educational Foundation
EIN
99-0230013
Phone
8082036736
Address
6301 PALI HIGHWAY, KANEOHE, HI 96744

Signing Officer

Name
Charlotte White
Title
President
Phone
8082036736
Signed
2020-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Gary Secor
Formed
1984
Legal Domicile
Hi
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
0

Preparer

Firm
David Leong CPA
Address
1221 A MAUNAWILI RD, KAILUA, HI 96734
Preparer
David Leong
Phone
8082614643
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

Foundation only has the board and no committees that can act on behalf of the board.

Pt VI, Line 11B

The form 990 is available to all board members upon request.

Pt VI, Line 12C

Annually, a questionaire is distributed to all the board members which require the board members to disclose any conflict of interest to the organization.

Pt VI, Line 15A

The board annually review the salaries of the executive director and assistant. The salaries are formally approved and documented in the minutes of the meeting.

Pt VI, Line 19

The board meeting minutes, conflict of interest policy and the financial statements are available to the public upon request.

Pt XI

LINE 9 - ROUNDING ERROR

Financial Statement Notes

Pt IV, Line 2B

Assets received whereby the foundation acts as custodian are included in the balance sheet as long term investments/assets held for others. These custodial arrangements relates to the mission of the foundation except that the scholarships awarded are determined by the donor.

Pt XII, Line 4B

ROUNDING ERROR.

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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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IRS990/SavingsAndTempCashInvstGrp/BOYAmt02000000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0965150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0624492
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01094692
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04103101
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02018452
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08805887
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0198910
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0290621
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0405857
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0995388
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0198910
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0290621
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0405857
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0995388
IRS990ScheduleA/InvestmentIncomeCYPct00.10160
IRS990ScheduleA/InvestmentIncomePYPct00.10020
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.89840
IRS990ScheduleA/PublicSupportPY509Pct00.89980
IRS990ScheduleA/PublicSupportTotal509Amt08805887
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0965150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0624492
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01094692
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04103101
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02018452
IRS990ScheduleA/Total509Grp/TotalAmt08805887
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09801275
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/EquipmentGrp/BookValueAmt02707
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059816
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt062523
IRS990ScheduleD/ExpensesSubtotalAmt01532026
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010392974
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0EQUITY SECURITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/RevenueSubtotalAmt0503516
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASSETS RECEIVED WHEREBY THE FOUNDATION ACTS AS CUSTODIAN ARE INCLUDED IN THE BALANCE SHEET AS LONG TERM INVESTMENTS/ASSETS HELD FOR OTHERS. THESE CUSTODIAL ARRANGEMENTS RELATES TO THE MISSION OF THE FOUNDATION EXCEPT THAT THE SCHOLARSHIPS AWARDED ARE DETERMINED BY THE DONOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING ERROR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV, Line 2b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02707
IRS990ScheduleD/TotalBookValueProgramRltdAmt010392974
IRS990ScheduleD/TotalExpensesPerForm990Amt01532026
IRS990ScheduleD/TotalRevenuePerForm990Amt0503516
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0503516
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01532026
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt029900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TEACHER/CURRICULUM GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUNDATION ONLY HAS THE BOARD AND NO COMMITTEES THAT CAN ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, A QUESTIONAIRE IS DISTRIBUTED TO ALL THE BOARD MEMBERS WHICH REQUIRE THE BOARD MEMBERS TO DISCLOSE ANY CONFLICT OF INTEREST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD ANNUALLY REVIEW THE SALARIES OF THE EXECUTIVE DIRECTOR AND ASSISTANT. THE SALARIES ARE FORMALLY APPROVED AND DOCUMENTED IN THE MINUTES OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MEETING MINUTES, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 9 - ROUNDING ERROR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt015427480
IRS990/TotalAssetsEOYAmt013458509
IRS990/TotalAssetsGrp/BOYAmt015427480
IRS990/TotalAssetsGrp/EOYAmt013458509
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0965150
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0107271
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079439
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01848832
IRS990/TotalFunctionalExpensesGrp/TotalAmt02035542
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05723776
IRS990/TotalLiabilitiesEOYAmt05286823
IRS990/TotalLiabilitiesGrp/BOYAmt05723776
IRS990/TotalLiabilitiesGrp/EOYAmt05286823
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09703704
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08171686
IRS990/TotalProgramServiceExpensesAmt01848832
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-461634
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0503516
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015427480
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013458509
IRS990/TravelGrp/FundraisingAmt0515
IRS990/TravelGrp/ManagementAndGeneralAmt0567
IRS990/TravelGrp/ProgramServicesAmt0636
IRS990/TravelGrp/TotalAmt01718
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06301 PALI HIGHWAY
IRS990/USAddress/CityNm0KANEOHE
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096744
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.augustinefoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLOTTE WHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08082036736
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AUGUSTINE EDUCATIONAL FOUNDATION

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