Civic Intelligence

E Ducere DBA Hoala School

990 • Fiscal year 2016 • EIN 99-0241020

Aug 01, 2015 to Jul 31, 2016 • Filed on Jul 14, 2017

1067A California AvenueWahiawa, HI 96786

(808) 621-1898

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.35x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.11x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

73rd percentile

13%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

52nd percentile

$68,234

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

94th percentile

71%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

8.8%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$361,136

Up $149,437 (+71%) from 2015

Net Assets

Up

$235,519

Up $153,599 (+187%) from 2015

Liabilities

Down

$125,617

Down $4,162 (-3.2%) from 2015

Revenue

Up

$1,148,506

Up $92,648 (+8.8%) from 2015

Expenses

Up

$994,907

Up $33,016 (+3.4%) from 2015

Net Income

Up

$153,599

Up $59,632 (+63%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $427,641Liabilities 2010: $293,671Net Assets 2010: $133,9702010Assets 2011: $500,780Liabilities 2011: $335,561Net Assets 2011: $165,2192011Assets 2012: $224,585Liabilities 2012: $158,336Net Assets 2012: $66,2492012Assets 2013: $145,836Liabilities 2013: $114,437Net Assets 2013: $31,3992013Assets 2014: $181,656Liabilities 2014: $193,703Net Assets 2014: -$12,0472014Assets 2015: $211,699Liabilities 2015: $129,779Net Assets 2015: $81,9202015Assets 2016: $361,136Liabilities 2016: $125,617Net Assets 2016: $235,5192016Assets 2017: $252,837Liabilities 2017: $113,604Net Assets 2017: $139,2332017Assets 2018: $197,616Liabilities 2018: $68,122Net Assets 2018: $129,4942018Assets 2019: $92,541Liabilities 2019: $40,694Net Assets 2019: $51,8472019Assets 2020: $95,600Liabilities 2020: $24,471Net Assets 2020: $71,1292020Assets 2021: $93,677Liabilities 2021: $31,723Net Assets 2021: $61,9542021

Highlighted filing

2016

Assets$361,136
Liabilities$125,617
Net Assets$235,519

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $834,3672010Revenue 2011: $1,199,363Expenses 2011: $785,189Net Income 2011: $414,1742011Expenses 2012: $898,3132012Expenses 2013: $865,4372013Revenue 2014: $888,550Expenses 2014: $938,894Net Income 2014: -$50,3442014Revenue 2015: $1,055,858Expenses 2015: $961,891Net Income 2015: $93,9672015Revenue 2016: $1,148,506Expenses 2016: $994,907Net Income 2016: $153,5992016Revenue 2017: $965,348Expenses 2017: $990,071Net Income 2017: -$24,7232017Revenue 2018: $902,782Expenses 2018: $912,580Net Income 2018: -$9,7982018Revenue 2019: $648,102Expenses 2019: $725,194Net Income 2019: -$77,0922019Revenue 2020: $552,881Expenses 2020: $532,618Net Income 2020: $20,2632020Revenue 2021: $474,765Expenses 2021: $456,033Net Income 2021: $18,7322021

Highlighted filing

2016

Revenue$1,148,506
Expenses$994,907
Net Income$153,599
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Jul 14, 2017
Return Version
2015v3.0
Gross Receipts
$1,167,409
Mission and Program Overview

Mission

To create an extraordinarily safe, dynamic learning atmosphere in which students feel needed, listened to and take seriously all while receiving a quality education

To create an extraordinarily safe, dynamic learning atmosphere in which students feel needed, listened to and taken seriously all while receiving a quality education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$164,765$209,919▲ $45,154
Inventories for Sale or Use$273$73,000▲ $72,727
Accounts Receivable$15,962$46,568▲ $30,606
Land, Buildings, and Equipment, Net$10,937$8,650▼ $2,287
Investments in Publicly Traded Securities$3,620$4,116▲ $496
Prepaid Expenses and Deferred Charges$1,065$3,668▲ $2,603
Loans From Officers Directors$3,051$1,851▼ $1,200
Intangible Assets$237$0▼ $237
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Total Assets$211,699$361,136▲ $149,437
Other Assets Total$14,840$15,215▲ $375
Liabilities
Deferred Revenue$64,937$68,728▲ $3,791
Accounts Payable and Accrued Expenses$61,791$55,038▼ $6,753
Total Liabilities$129,779$125,617▼ $4,162
Net Assets / Fund Balance
Temporarily Rstr Net Assets$96,939$166,626▲ $69,687
Unrestricted Net Assets$-15,019$68,893▲ $83,912
Total Net Assets Fund Balance$81,920$235,519▲ $153,599
Total Liabilities and Net Assets / Fund Balance$211,699$361,136▲ $149,437

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,650$91,572$100,222
Compensation and Service Providers

Employees

NameTitleBaseTotal
Linda PerryHead of School$68,234$68,234

Board Members and Trustees

NameTitle
Gordon KanemaruChairman
Scott PoarchVice Chair
Renee RiveraDirector
Roberta RiveraDirector
April WoolleyMember
Jonathan FernMember
Tiffany HuynhMember
Pete SheltonSecretary
Leo PascuaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$182,142
Program Service Revenue
$965,576
Investment Income
$423
Other Revenue
$365
All Other Contributions
$171,332
Change in Net Assets
$153,599

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table236$81,720estimate
Total Noncash Contributions236$81,720-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$627,766
Other Expenses$218,871
Grants and Similar Amounts Paid$148,270
Total Fundraising Expense$5,542
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$357,207$94,920-$452,127
Grants to Domestic Individuals$148,270--$148,270
Current Officers, Directors, Trustees, and Key Employees$61,411$4,094$2,729$68,234
Other Employee Benefits$46,840$18,322$305$65,467
Occupancy$2,625$53,889-$56,514
All Other Expenses$19,360$29,352$1,865$50,577
Payroll Taxes$28,157$13,781-$41,938
Advertising-$18,466-$18,466
Other Expenses$10,537$240$321$10,537
Information Technology$8,295$876-$9,171
Fees for Services Other$3,003$5,162-$8,165
Office Expenses$279$6,550$322$7,151
Insurance-$5,781-$5,781
Depreciation Depletion$1,896$627-$2,523
Fees for Services Accounting-$2,507-$2,507
Conferences and Meetings-$499-$499
Total Functional Expenses$733,215$256,150$5,542$994,907
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,732
Fundraising Gross Income$13,895
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art My Heart$21,657$10,892$14,032$-3,140
Total Events$21,657$10,892$14,032$-3,140
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,051$1,851▼ $1,200
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Head of School and one board member review a draft of the 990 and then authorize approval to finalize the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Ho'ala monitors and enforces its conflict of interest policy by holding monthly Board meetings as well as weekly faculty meetings where these particular items can be discussed in a forum. If necessary the Head of School and Board Chairman can meet individuals to discuss the policy and consequence of actions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy and financial statements as well as written documents such as the Personnel Handbook and other HR-related postings are available in the school office or upon request.

Filing and Contact Details

Filer

Filer Name
e ducere dba Hoala School
EIN
99-0241020
Phone
8086211898
Address
1067A California Avenue, Wahiawa, HI 96786

Signing Officer

Name
Linda Perry
Title
Head of School
Signed
2017-07-14
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Hi
Voting Board Members
9
Independent Board Members
9
Employees
25
Volunteers
5

Preparer

Firm
Natalie J Iwasa CPA Inc
Address
1331 LUNALILO HOME ROAD, HONOLULU, HI 96825
Preparer
Natalie Iwasa CPA CFE
Phone
8083953233
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt03051
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt01851
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To create an extraordinarily safe, dynamic learning atmosphere in which students feel needed, listened to and taken seriously all while receiving a quality education.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt081920
IRS990/NetAssetsOrFundBalancesEOYAmt0235519
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1837
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1837
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt01839
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01839
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt081720
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt053889
IRS990/OccupancyGrp/ProgramServicesAmt02625
IRS990/OccupancyGrp/TotalAmt056514
IRS990/OfficeExpensesGrp/FundraisingAmt0322
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06550
IRS990/OfficeExpensesGrp/ProgramServicesAmt0279
IRS990/OfficeExpensesGrp/TotalAmt07151
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt014840
IRS990/OtherAssetsTotalGrp/EOYAmt015215
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0305
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018322
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt046840
IRS990/OtherEmployeeBenefitsGrp/TotalAmt065467
IRS990/OtherExpensesGrp/Desc0Lunches
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Curriculum enhancement
IRS990/OtherExpensesGrp/Desc3Service learning
IRS990/OtherExpensesGrp/FundraisingAmt0321
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01084
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1240
IRS990/OtherExpensesGrp/ProgramServicesAmt019518
IRS990/OtherExpensesGrp/ProgramServicesAmt114467
IRS990/OtherExpensesGrp/ProgramServicesAmt211350
IRS990/OtherExpensesGrp/ProgramServicesAmt310537
IRS990/OtherExpensesGrp/TotalAmt019518
IRS990/OtherExpensesGrp/TotalAmt115872
IRS990/OtherExpensesGrp/TotalAmt211590
IRS990/OtherExpensesGrp/TotalAmt310537
IRS990/OtherRevenueMiscGrp/Desc0Payroll tax refund
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IRS990/OtherRevenueTotalAmt0363
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0357207
IRS990/OtherSalariesAndWagesGrp/TotalAmt0452127
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013781
IRS990/PayrollTaxesGrp/ProgramServicesAmt028157
IRS990/PayrollTaxesGrp/TotalAmt041938
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03668
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0965576
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0965576
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128148
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0131446
IRS990/PYInvestmentIncomeAmt0-646
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0243810
IRS990/PYOtherRevenueAmt0-6544
IRS990/PYProgramServiceRevenueAmt0934900
IRS990/PYRevenuesLessExpensesAmt093967
IRS990/PYSalariesCompEmpBnftPaidAmt0586635
IRS990/PYTotalExpensesAmt0961891
IRS990/PYTotalRevenueAmt01055858
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0153599
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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/OtherLandBuildingsGrp/BookValueAmt08650
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt091572
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0100222
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08650
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school's nondiscrimination policy is included in all newspaper solicitations and at the bottom of its application which is available online.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt010765
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt010765
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014032
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Art My Heart
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021657
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021657
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010892
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010892
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3140

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