KAMUELA, HI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CANADA-FRANCE-HAWAII TELESCOPE CORP, founded in 1974, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. Expenses of $10.0M exceeded revenue, resulting in a 10% operating deficit.
OPERATE 3.6 METER ASTRONOMICAL TELESCOPE TO FURTHER THE KNOWLEDGE AND UNDERSTANDING OF THE UNIVERSE THROUGH SCIENTIFIC RESEARCH, STUDIES, EDUCATION, AND DISSEMINATION OF SUCH KNOWLEDGE.
OBSERVATORY OPERATIONS CANADA-FRANCE-HAWAII TELESCOPE (CFHT) IS A HIGH-TECH SERVICE PROVIDER DELIVERING EXQUISITE ASTRONOMICAL DATA LEADING TO SCIENTIFIC DISCOVERIES AT THE FOREFRONT OF TODAY'S...
OBSERVATORY OPERATIONS CANADA-FRANCE-HAWAII TELESCOPE (CFHT) IS A HIGH-TECH SERVICE PROVIDER DELIVERING EXQUISITE ASTRONOMICAL DATA LEADING TO SCIENTIFIC DISCOVERIES AT THE FOREFRONT OF TODAY'S ASTRONOMY. CFHT OPERATES, MAINTAINS, AND DEVELOPS STATE-OF-THE-ART INSTRUMENTATION ON ITS TELESCOPE LOCATED AT THE TOP OF MAUNAKEA IN HAWAI'I, ONE OF THE BEST SITES IN THE WORLD FOR ASTRONOMICAL RESEARCH, SERVICING THE SCIENTIFIC COMMUNITIES FROM CANADA, FRANCE, AND HAWAI'I, AND THROUGH COLLABORATIVE AGREEMENTS WITH TAIWAN AND CHINA. IN ADDITION, CFHT HAS TRAINED STAFF MEMBERS WHO PERFORM ALL SCIENTIFIC OBSERVATIONS ON BEHALF OF ITS ASTRONOMICAL COMMUNITY AND PROCESS THE DATA STEMMING FROM THOSE OBSERVATIONS. FOR 356 OF THE 365 NIGHTS OF 2025, THE SCHEDULE HAD ONE OF OUR 5 INSTRUMENTS ON THE TELESCOPE AND ACQUIRED DATA AS WEATHER PERMITTED. DURING THE REMAINING 9 NIGHTS, THE TECHNICAL AND SCIENTIFIC STAFF PERFORMED A SCHEDULED TECHNICAL ACTIVITY TO RECOAT THE PRIMARY MIRROR OF THE TELESCOPE, A SERIES OF TASKS THAT ARE SCHEDULED EVERY 3 YEARS. IN ADDITION TO THREE LARGE PROGRAMS INVOLVING DOZENS OF SCIENTISTS FROM COMMUNITIES WORLDWIDE, CFHT PERFORMED OBSERVATIONS FOR OVER 100 PROPOSALS, REPRESENTING HUNDREDS OF ACTIVE COLLABORATORS. SOME OF THESE PROPOSALS WERE FROM HIGH SCHOOL STUDENTS PARTICIPATING IN THE MAUNAKEA SCHOLARS PROGRAM ALSO IN 2025, A LITTLE OVER 200 PUBLICATIONS APPEARED IN REFEREED SCIENTIFIC JOURNALS BASED ON PRIOR YEARS' OBSERVATIONS AT CFHT. CFHT'S COMMUNICATION AND OUTREACH PROGRAM PLAYS AN IMPORTANT ROLE IN THE LOCAL COMMUNITY VIA ITS EDUCATIONAL ACTIVITIES IN NEIGHBORING SCHOOLS AND CULTURAL CENTERS. THE APPROACH SHOWCASES CFHT'S STAFF, SCIENCE, AND INSTRUMENTATION, AND ENGAGES HAWAI'I ISLAND KEIKI AND THEIR FAMILIES. CFHT SUPPORTED OUTREACH INITIATIVES AIMED AT LOCAL STUDENTS. CFHT CONTINUES TO WORK WITH THE "JOURNEY THROUGH THE UNIVERSE" PROGRAM, SUPPORTING CAREER PANELS AND CLASSROOM VISITS FOR STUDENTS ACROSS HAWAI'I ISLAND. TEACHERS SELECT A TOPIC FOR THEIR CLASSROOM. TOPICS EITHER SUPPORT EDUCATIONAL STANDARDS, FOR EXAMPLE, REINFORCING CONTENT LIKE PHASES OF THE MOON, HOW STARS MOVE ACROSS THE SKY, ETC., OR FOCUS ON STUDENT INTERESTS (BLACK HOLES, EXOPLANETS, ETC.). STAFF MEMBERS VISIT THE LOCAL WAIMEA LIBRARY TWICE A YEAR FOR "ASTRO BASH AND "ENGINEERING BASH", SCIENCE AND ENGINEERING EVENTS THAT INCLUDE INDOOR/OUTDOOR ACTIVITIES, DEMONSTRATIONS, AND DISPLAYS. OLDER STUDENTS WHO PARTICIPATE IN PROGRAMS LIKE THE MAUNAKEA SCHOLARS ARE OFFERED TOURS OF OUR SUMMIT FACILITY, WHILE YOUNGER STUDENTS VISIT OUR HEADQUARTERS IN WAIMEA. OTHER EVENTS OPEN TO THE PUBLIC INCLUDED EVENINGS OF STARGAZING, ASTRO DAY EVENTS IN THE TWO MAJOR CITIES ON THE ISLAND, HILO AND KONA, AND TOURS OF OUR SUMMIT FACILITY. BEYOND EDUCATIONAL OPPORTUNITIES, CFHT STAFF MEMBERS MENTOR STUDENTS AT THE LOCAL SCHOOL AND PARTICIPATE IN FOOD DISTRIBUTION EVENTS OVER THE SUMMER. PROGRAM SERVICE EXPENSES INCLUDE REIMBURSED EXPENSES OF $737,018 FOR ASTRONOMER SERVICES (REIMBURSED ASTRONOMER SERVICES), AND $143,555 IN MISCELLANEOUS DIRECT REIMBURSED EXPENSES RELATED TO CARRYING OUT ASTRONOMICAL RESEARCH ON MAUNAKEA.
DEVELOPMENT ACTIVITIES - MAUNAKEA SPECTROSCOPIC EXPLORER (MSE) PROJECT IN DECEMBER 2024, THE CFHT BOARD OF DIRECTORS RECOMMENDED NOT APPROVING ANY ADDITIONAL FUNDS FOR MSE ACTIVITIES BEYOND WHAT IS...
DEVELOPMENT ACTIVITIES - MAUNAKEA SPECTROSCOPIC EXPLORER (MSE) PROJECT IN DECEMBER 2024, THE CFHT BOARD OF DIRECTORS RECOMMENDED NOT APPROVING ANY ADDITIONAL FUNDS FOR MSE ACTIVITIES BEYOND WHAT IS STRICTLY NECESSARY TO RESPONSIBLY AND SAFELY STOP CURRENT OPERATIONS. FOLLOWING THIS RECOMMENDATION, CFHT HALTED ALL MSE ACTIVITIES IN 2025. WHILE MSE REMAINS THE LONG-TERM GOAL FOR THE CFHT SITE, ITS IMMEDIATE FOCUS IS TO ENSURE IT REMAINS A VIABLE OPERATIONAL ENTITY UNTIL MSE CAN COMMENCE UNDER THE NEW ASTRONOMY LEASE AT MAUNAKEA.
IN 2025, ALL OUR STATE-OF-THE-ART INSTRUMENTS WERE AVAILABLE TO THE CFHT COMMUNITY. WE OPERATE FIVE INSTRUMENTS REMOTELY DURING NORMAL OPERATIONS, WHICH ALSO INCLUDES TWO BENCHMARK SURVEYS: (1) TO...
IN 2025, ALL OUR STATE-OF-THE-ART INSTRUMENTS WERE AVAILABLE TO THE CFHT COMMUNITY. WE OPERATE FIVE INSTRUMENTS REMOTELY DURING NORMAL OPERATIONS, WHICH ALSO INCLUDES TWO BENCHMARK SURVEYS: (1) TO DISCOVER NEARBY EARTH-LIKE PLANETS IN THE HABITABLE ZONE OF THE MOST NEARBY STARS, AND (2) TO ANSWER SOME OF THE MOST FUNDAMENTAL QUESTIONS IN ASTRONOMY ABOUT THE PROPERTIES OF DARK MATTER AND DARK ENERGY, THE GROWTH OF STRUCTURE IN THE UNIVERSE FROM GALACTIC TO GALAXY CLUSTER SCALES, AND THE ASSEMBLY OF THE MILKY-WAY, AND (3) TO DISCOVER, TRACK, AND CHARACTERIZE SMALL SOLAR SYSTEM OBJECTS BEYOND THE ORBIT OF NEPTUNE TO TEST PLANET FORMATION MODELS. CFHT OPERATED AT FULL CAPACITY IN 2025.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $9,111,323 | $9,909,297 | -0.1% |
| Expenses | $10,036,936 | $10,815,164 | -0.1% |
| Net Income | $-925,613 | $-905,867 | +0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL BALOGH | CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARTIN GIARD | VICE CHARMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUGLAS SIMONS | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| HERVE AUSSEL | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| J-J KAVELAARS | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| CLAIRE MOUTOU | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY CEKIC | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| DAVID LONBORG | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| LUC SIMARD | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| STEFI BAUM | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| JEAN-GABRIEL CUBY | EXECUTIVE DIRECTOR | 50.00 |
Officer
|
$237,724 | $60,278 | $298,002 |
| TRACY YOST | CFO | 50.00 |
Officer
|
$203,000 | $56,189 | $259,189 |
| KEVIN HO | DIRECTOR OF ENGINEERING | 50.00 |
Key Emp
|
$185,000 | $55,889 | $240,889 |
| NADINE MANSET | DIRECTOR OF SCIENCE | 50.00 |
Key Emp
|
$179,000 | $49,206 | $228,206 |
| DANIEL DEVOST | RESIDENT ASTRONOMER | 50.00 |
Highest
|
$216,050 | $64,105 | $280,155 |
| GREGORY BARRICK | OPTICAL ENGINEER | 50.00 |
Highest
|
$178,277 | $57,564 | $235,841 |
| MARC BARIL | ELECTRONICS ENGINEER | 50.00 |
Highest
|
$172,440 | $53,546 | $225,986 |
| TOM VERMEULEN | SOFTWARE ENGINEER | 50.00 |
Highest
|
$165,000 | $49,704 | $214,704 |
| WILLIAM MAHONEY | SOFTWARE MANAGER | 50.00 |
Highest
|
$160,100 | $48,042 | $208,142 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,111,323 | $10,036,936 | $12,468,719 | $-925,613 |
| 2024 | $9,909,297 | $10,815,164 | $13,004,088 | $-905,867 |
| 2023 | $9,799,466 | $10,317,470 | $13,863,720 | $-518,004 |
| 2022 | $9,255,307 | $10,017,579 | $14,275,080 | $-762,272 |
| 2021 | $9,205,566 | $9,541,601 | $15,098,361 | $-336,035 |
| 2020 | $10,211,901 | $9,581,238 | $15,750,512 | $630,663 |
Compare CANADA-FRANCE-HAWAII TELESCOPE CORP with other nonprofits in Hawaii and across the country.