Civic Intelligence

E Ducere DBA Hoala School

990 • Fiscal year 2017 • EIN 99-0241020

Aug 01, 2016 to Jul 31, 2017 • Filed on Oct 02, 2018

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

83rd percentile

0.45x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.12x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

32nd percentile

-2.6%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$69,861

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

6th percentile

-30%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$252,837

Down $108,299 (-30%) from 2016

Net Assets

Down

$139,233

Down $96,286 (-41%) from 2016

Liabilities

Down

$113,604

Down $12,013 (-9.6%) from 2016

Revenue

Down

$965,348

Down $183,158 (-16%) from 2016

Expenses

Down

$990,071

Down $4,836 (-0.5%) from 2016

Net Income

Down

-$24,723

Down $178,322 (-116%) from 2016

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

2017

Assets$252,837
Liabilities$113,604
Net Assets$139,233

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

2017

Revenue$965,348
Expenses$990,071
Net Income-$24,723
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Oct 2, 2018
Return Version
2016v3.0
Gross Receipts
$973,329
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$210,391$189,783▼ $20,608
Accounts Receivable$46,568$29,762▼ $16,806
Land, Buildings, and Equipment, Net$8,650$7,523▼ $1,127
Prepaid Expenses and Deferred Charges$3,668$5,605▲ $1,937
Investments in Publicly Traded Securities$3,644$3,282▼ $362
Inventories for Sale or Use$1,437$1,437→ $0
Loans From Officers Directors$1,851$201▼ $1,650
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-
Intangible Assets-$0-
Total Assets$289,573$252,837▼ $36,736
Other Assets Total$15,215$15,445▲ $230
Liabilities
Deferred Revenue$68,728$63,621▼ $5,107
Accounts Payable and Accrued Expenses$55,038$49,782▼ $5,256
Total Liabilities$125,617$113,604▼ $12,013
Net Assets / Fund Balance
Unrestricted Net Assets$160,330$137,114▼ $23,216
Temporarily Rstr Net Assets$3,626$2,119▼ $1,507
Total Net Assets Fund Balance$163,956$139,233▼ $24,723
Total Liabilities and Net Assets / Fund Balance$289,573$252,837▼ $36,736

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,523$93,794$101,317
Other Assets Org$15,445--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda PerryHead of SchoolPT$69,861-$69,861
Lori FukuokaEx-officio-$42,000$8,502$50,502

Board Members and Trustees

NameTitle
Leo Pascua MDChairman
Tiffany HuynhVice Chair
Pete SheltonDirector
Rene RiveraDirector
Jonathan FernSec/Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$92,679
Program Service Revenue
$858,041
Investment Income
$636
Other Revenue
$13,992
All Other Contributions
$92,679
Change in Net Assets
$-24,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$643,269
Other Expenses$253,787
Grants and Similar Amounts Paid$93,015
Total Fundraising Expense$3,452
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$359,777$58,576-$418,353
Current Officers, Directors, Trustees, and Key Employees-$120,363-$120,363
Grants to Domestic Individuals$93,015--$93,015
Other Employee Benefits$10,456$51,116-$61,572
All Other Expenses$21,256$30,788$2,290$54,334
Occupancy$750$52,669-$53,419
Payroll Taxes$27,645$15,336-$42,981
Advertising-$21,303$72$21,375
Other Expenses$10,972$57-$11,029
Office Expenses$16$6,992$1,090$8,098
Fees for Services Other$2,607$3,955-$6,562
Insurance-$5,756-$5,756
Information Technology$2,230$710-$2,940
Fees for Services Accounting-$2,375-$2,375
Depreciation Depletion$1,878$344-$2,222
Total Functional Expenses$611,551$375,068$3,452$990,071
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,850
Fundraising Direct Expenses$4,367
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art My Heart$15,519$15,519$2,415$13,104
Total Events$15,519$15,519$4,367$11,152
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$1,851$201▼ $1,650
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
Leo Pascua MD
Title
Chairman
Signed
2018-10-02
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Hi
Voting Board Members
7
Independent Board Members
7
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/OtherEmployeeBenefitsGrp/TotalAmt061572
IRS990/OtherExpensesGrp/Desc0Bad debt
IRS990/OtherExpensesGrp/Desc1Lunches
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Curriculum enhancement
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04728
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt157
IRS990/OtherExpensesGrp/ProgramServicesAmt054000
IRS990/OtherExpensesGrp/ProgramServicesAmt120543
IRS990/OtherExpensesGrp/ProgramServicesAmt26406
IRS990/OtherExpensesGrp/ProgramServicesAmt310972
IRS990/OtherExpensesGrp/TotalAmt054000
IRS990/OtherExpensesGrp/TotalAmt120543
IRS990/OtherExpensesGrp/TotalAmt211134
IRS990/OtherExpensesGrp/TotalAmt311029
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt058576
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0359777
IRS990/OtherSalariesAndWagesGrp/TotalAmt0418353
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015336
IRS990/PayrollTaxesGrp/ProgramServicesAmt027645
IRS990/PayrollTaxesGrp/TotalAmt042981
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03668
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05605
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0858041
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0858041
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0182142
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0148270
IRS990/PYInvestmentIncomeAmt0423
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0218871
IRS990/PYOtherRevenueAmt0365
IRS990/PYProgramServiceRevenueAmt0965576
IRS990/PYRevenuesLessExpensesAmt0153599
IRS990/PYSalariesCompEmpBnftPaidAmt0627766
IRS990/PYTotalExpensesAmt0994907
IRS990/PYTotalRevenueAmt01148506
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-24723
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0873
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0858041
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/OtherAssetsOrgGrp/BookValueAmt015445
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07523
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt093794
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101317
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07523
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015445
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/DirectExpenseSummaryEventsAmt04367
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Art My Heart
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01952
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01952
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015519
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011152
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02415
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02415
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt093015
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Tuition assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Aid for low-income families
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Cost
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Families apply online. A third-party service provider reviews the applications and data entry. Each family that turns in a completed financial application must provide the most recent tax return as well as 2 months' worth of income/pay stubs and any other financial documents that present their financial picture. The families are asked what their expected contribution would be for the school year as well as the amount of aid they are requesting. Each family's situation is considered on an individual need basis but also their ability to pay, volunteerism thoughout the school year and during fundraising activities, as well as attending parenting classes. A financial analysis of each family is done by the business manager/bookkeeper and the financial aid review committee meets to determine the amount each family shall be awarded based on their financial picture. There is no weight given to returning students/applicants versus new families/applicants. The committee strictly looks to servicing those who are in most need as the funds for tuition assistance are limited.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0201
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operations cash flow
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt045800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Jonathan Fern
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Bd. Memb
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0201
IRS990/ScheduleORequiredInd0true

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