Civic Intelligence

Maui Preparatory Academy

990 • Fiscal year 2020 • EIN 99-0354508

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2021

4910 Honoapiilani HighwayLahaina, HI 96761

(808) 665-9966

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.30x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.26x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$190,562

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

95th percentile

113%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,862,386

Up $3,635,538 (+113%) from 2019

Net Assets

Up

$4,790,402

Up $3,013,939 (+170%) from 2019

Liabilities

Up

$2,071,984

Up $621,599 (+43%) from 2019

Revenue

Up

$7,946,317

Up $1,267,897 (+19%) from 2019

Expenses

Up

$4,932,378

Up $8,546 (+0.2%) from 2019

Net Income

Up

$3,013,939

Up $1,259,351 (+72%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $4,926,315Liabilities 2010: $6,333,128Net Assets 2010: -$1,406,8132010Assets 2011: $4,876,469Liabilities 2011: $6,646,653Net Assets 2011: -$1,770,1842011Assets 2012: $1,040,631Liabilities 2012: $858,342Net Assets 2012: $182,2892012Assets 2013: $1,324,207Liabilities 2013: $958,252Net Assets 2013: $365,9552013Assets 2014: $1,194,819Liabilities 2014: $1,059,579Net Assets 2014: $135,2402014Assets 2015: $1,145,695Liabilities 2015: $1,089,497Net Assets 2015: $56,1982015Assets 2016: $1,112,943Liabilities 2016: $1,026,071Net Assets 2016: $86,8722016Assets 2017: $689,651Liabilities 2017: $883,040Net Assets 2017: -$193,3892017Assets 2018: $891,186Liabilities 2018: $869,311Net Assets 2018: $21,8752018Assets 2019: $3,226,848Liabilities 2019: $1,450,385Net Assets 2019: $1,776,4632019Assets 2020: $6,862,386Liabilities 2020: $2,071,984Net Assets 2020: $4,790,4022020Assets 2021: $7,757,039Liabilities 2021: $1,318,649Net Assets 2021: $6,438,3902021Assets 2022: $8,485,219Liabilities 2022: $1,221,385Net Assets 2022: $7,263,8342022Assets 2023: $8,915,292Liabilities 2023: $1,251,519Net Assets 2023: $7,663,7732023

Highlighted filing

2020

Assets$6,862,386
Liabilities$2,071,984
Net Assets$4,790,402

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,928,3082010Expenses 2011: $3,855,5692011Expenses 2012: $3,775,5732012Expenses 2013: $3,810,0652013Revenue 2014: $3,720,865Expenses 2014: $3,951,580Net Income 2014: -$230,7152014Revenue 2015: $3,986,894Expenses 2015: $4,065,937Net Income 2015: -$79,0432015Revenue 2016: $4,789,197Expenses 2016: $4,758,523Net Income 2016: $30,6742016Revenue 2017: $4,579,681Expenses 2017: $4,859,942Net Income 2017: -$280,2612017Revenue 2018: $5,139,892Expenses 2018: $4,924,628Net Income 2018: $215,2642018Revenue 2019: $6,678,420Expenses 2019: $4,923,832Net Income 2019: $1,754,5882019Revenue 2020: $7,946,317Expenses 2020: $4,932,378Net Income 2020: $3,013,9392020Revenue 2021: $7,447,832Expenses 2021: $5,799,844Net Income 2021: $1,647,9882021Revenue 2022: $7,331,174Expenses 2022: $6,505,730Net Income 2022: $825,4442022Revenue 2023: $8,187,161Expenses 2023: $7,787,222Net Income 2023: $399,9392023

Highlighted filing

2020

Revenue$7,946,317
Expenses$4,932,378
Net Income$3,013,939
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2021
Return Version
2019v5.0
Gross Receipts
$7,946,317
Mission and Program Overview

Mission

The school strives to provide a superior educational program in a safe, nuturing, and stimulating environment. The school is devoted to helping students reach beyond their perceived level of ability through a curriculum that focuses on equity, ecology and economy as teaching goals and learning objectives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$715,047$6,499,989▲ $5,784,942
Cash and Non-Interest-Bearing Accounts$933,186$174,431▼ $758,755
Accounts Receivable$154,205$132,277▼ $21,928
Prepaid Expenses and Deferred Charges$32,202$37,577▲ $5,375
Savings and Temporary Cash Investments$68,300$18,112▼ $50,188
Total Assets$3,226,848$6,862,386▲ $3,635,538
Other Assets Total$1,323,908--
Liabilities
Deferred Revenue$1,144,149$799,761▼ $344,388
Accounts Payable and Accrued Expenses$273,828$641,523▲ $367,695
Mortgage Notes Payable Secured by Investment Property$32,408$630,700▲ $598,292
Total Liabilities$1,450,385$2,071,984▲ $621,599
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$997,088$4,727,124▲ $3,730,036
Net Assets With Donor Restrictions$779,375$63,278▼ $716,097
Total Net Assets Fund Balance$1,776,463$4,790,402▲ $3,013,939
Total Liabilities and Net Assets / Fund Balance$3,226,848$6,862,386▲ $3,635,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,736,948$37,013$5,773,961
Equipment$220,336$784,932$1,005,268
Leasehold Improvements$519,598$83,408$603,006
Other Land Buildings$23,107$67,534$90,641

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,250---$2,250
2018$2,250---$2,250
2017$2,250---$2,250
2016$2,250---$2,250
2015$2,250---$2,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert LandauHead of SchoFT$182,466$8,096$190,562
Robert LandauHead of School-$156,066$34,496$190,562

Board Members and Trustees

NameTitle
Jim BozichPresident
Brian GrahamTrustee
Dean OttoTrustee
MA'ANN SABINOTrustee
Mary AndersonTrustee
Ray ChinTrustee
Sherri NarayanTrustee
Amy Wisthoff-martinSecretary
Mark MerrillTreasurer
Ralph PaisVice Pres./t
John YoungVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Negotiated Construction LLCConstructionPO BOX 161137, Honolulu, HI 96816$3,342,873
We Are MoreTechnologyPO BOX 11334, Lahiana, HI 96761$106,738
Revenue and Support

Revenue Composition

Contributions and Grants
$3,895,227
Program Service Revenue
$4,051,064
Investment Income
$26
Other Revenue
$0
All Other Contributions
$3,895,227
Change in Net Assets
$3,013,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,611,642
Other Expenses$1,710,194
Grants and Similar Amounts Paid$610,542
Total Fundraising Expense$81,033
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,381,972$592,273-$1,974,245
Occupancy$510,167$218,642-$728,809
Grants to Domestic Individuals$610,542--$610,542
Other Employee Benefits$150,698$64,584-$215,282
Payroll Taxes$146,718$62,879-$209,597
Current Officers, Directors, Trustees, and Key Employees$133,393$57,169-$190,562
Depreciation Depletion$118,364$50,727-$169,091
All Other Expenses$119,837$10,816-$130,653
Other Expenses$40,712$17,448$81,033$58,160
Insurance-$51,944-$51,944
Fees for Services Other-$35,987-$35,987
Pension Plan Contributions$15,369$6,587-$21,956
Fees for Services Accounting-$21,290-$21,290
Advertising-$15,060-$15,060
Fees for Services Legal-$12,032-$12,032
Travel$4,227$1,811-$6,038
Office Expenses$1,462$3,271-$4,733
Interest$821$351-$1,172
Total Functional Expenses$3,593,320$1,258,025$81,033$4,932,378
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Prior to filing the tax return, it is reviewed and approved by the treasurer and finance committee.

Form 990, Page 6, Part VI, Line 12C

Board members and the executive committee communicate and discuss all potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The school headmaster and top management determine appropriate compensation by consulting surveys conducted by the independent schools in hawaii for schools of similar size and geographic area. The board approves all wages.

Form 990, Page 6, Part VI, Line 15B

The school headmaster and top management determine appropriate compensation by consulting surveys conducted by the independent schools in hawaii. The board approves all wages.

Form 990, Page 6, Part VI, Line 19

The governing documents and policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Maui Preparatory Academy
EIN
99-0354508
Phone
8086659966
Address
4910 HONOAPIILANI HIGHWAY, LAHAINA, HI 96761

Signing Officer

Name
Jim Bozich
Title
President
Phone
8086659966
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Bozich
Formed
2001
Legal Domicile
Hi
Voting Board Members
11
Independent Board Members
11
Employees
83
Volunteers
93

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Kyle Hays
Phone
8082425002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The school strives to provide a superior educational program in a safe, nuturing, and stimulating environment. The school is devoted to helping students reach beyond their perceived level of ability through a curriculum that focuses on equity, ecology and economy as teaching goals and learning objectives.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and also from state of hawaii income taxes under section 237-23 (b) of the hawaii revised statutes. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year 2020 and 2019. The organization's forms 990, return of organization exempt from income tax, for the years ending 2017, 2018, and 2019 are subject to examination by the irs, generally for 3 years after they were filed.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRES./T
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11HEAD OF SCHO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0610542
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0610542
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0610542
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07946317
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt051944
IRS990/InsuranceGrp/TotalAmt051944
IRS990/InterestGrp/ManagementAndGeneralAmt0351
IRS990/InterestGrp/ProgramServicesAmt0821
IRS990/InterestGrp/TotalAmt01172
IRS990/InvestmentIncomeGrp/ExclusionAmt026
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0972887
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0715047
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06499989
IRS990/LandBldgEquipCostOrOtherBssAmt07472876
IRS990/LegalDomicileStateCd0HI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE SCHOOL STRIVES TO PROVIDE A SUPERIOR EDUCATIONAL PROGRAM IN A SAFE, NUTURING, AND STIMULATING ENVIRONMENT. THE SCHOOL IS DEVOTED TO HELPING STUDENTS REACH BEYOND THEIR PERCEIVED LEVEL OF ABILITY THROUGH A CURRICULUM THAT FOCUSES ON EQUITY, ECOLOGY AND ECONOMY AS TEACHING GOALS AND LEARNING OBJECTIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt032408
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0630700
IRS990/NetAssetsOrFundBalancesBOYAmt01776463
IRS990/NetAssetsOrFundBalancesEOYAmt04790402
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0997088
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04727124
IRS990/NoncashContributionsAmt024912
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0218642
IRS990/OccupancyGrp/ProgramServicesAmt0510167
IRS990/OccupancyGrp/TotalAmt0728809
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03271
IRS990/OfficeExpensesGrp/ProgramServicesAmt01462
IRS990/OfficeExpensesGrp/TotalAmt04733
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01323908
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt064584
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0150698
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0215282
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/FundraisingAmt081033
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035154
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117448
IRS990/OtherExpensesGrp/ProgramServicesAmt0277013
IRS990/OtherExpensesGrp/ProgramServicesAmt182025
IRS990/OtherExpensesGrp/ProgramServicesAmt240712
IRS990/OtherExpensesGrp/TotalAmt0277013
IRS990/OtherExpensesGrp/TotalAmt1117179
IRS990/OtherExpensesGrp/TotalAmt281033
IRS990/OtherExpensesGrp/TotalAmt358160
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0592273
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01381972
IRS990/OtherSalariesAndWagesGrp/TotalAmt01974245
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt062879
IRS990/PayrollTaxesGrp/ProgramServicesAmt0146718
IRS990/PayrollTaxesGrp/TotalAmt0209597
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06587
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015369
IRS990/PensionPlanContributionsGrp/TotalAmt021956
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032202
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037577
IRS990/PrincipalOfficerNm0JIM BOZICH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1BOARDING AND RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03805784
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1132473
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2112807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03805784
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1132473
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2112807
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02791984
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0831413
IRS990/PYInvestmentIncomeAmt0-1757
IRS990/PYOtherExpensesAmt01547335
IRS990/PYOtherRevenueAmt0-81143
IRS990/PYProgramServiceRevenueAmt03969336
IRS990/PYRevenuesLessExpensesAmt01754588
IRS990/PYSalariesCompEmpBnftPaidAmt02545084
IRS990/PYTotalExpensesAmt04923832
IRS990/PYTotalRevenueAmt06678420
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03013939
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04051064
IRS990/SavingsAndTempCashInvstGrp/BOYAmt068300
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018112
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/BuildingsGrp/BookValueAmt05736948
IRS990ScheduleD/BuildingsGrp/DepreciationAmt037013
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05773961
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02250
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02250
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220336
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0784932
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01005268
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0519598
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt083408
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0603006
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023107
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt067534
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt090641
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND ALSO FROM STATE OF HAWAII INCOME TAXES UNDER SECTION 237-23 (B) OF THE HAWAII REVISED STATUTES. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2020 AND 2019. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2017, 2018, AND 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR 3 YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06499989
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/ExplanationTxt0MAUI PREPARATORY ACADEMY DISPLAYS THE RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET PAGE AT ALL TIMES DURING THE TAX YEAR.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$8.92$1.25$7.66$8.19$7.79$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.49$1.22$7.26$7.33$6.51$0.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.76$1.32$6.44$7.45$5.80$1.65
2020Detailed filing. Detailed filing data is available for this year.$6.86$2.07$4.79$7.95$4.93$3.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$1.45$1.78$6.68$4.92$1.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.87$0.02$5.14$4.92$0.22
2017Summary only. Only limited summary data is available for this year.$0.69$0.88$0.19$4.58$4.86$0.28
2016Detailed filing. Detailed filing data is available for this year.$1.11$1.03$0.09$4.79$4.76$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.15$1.09$0.06$3.99$4.07$0.08
2014Summary only. Only limited summary data is available for this year.$1.19$1.06$0.14$3.72$3.95$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.96$0.37$3.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.86$0.18$3.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$6.65$1.77$3.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$6.33$1.41$3.93