KINGDOM KATALYST DBA K2 HAWAII

EIN: 460821095 501(c)(3) Religion

HONOLULU, HI

Total Revenue
$1,485,762
Total Expenses
$1,478,084
Total Assets
$4,424,715
Net Assets
$484,994
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
HI
Principal Officer
SUE ANN MORIWAKI
Phone
8089489591
Tax Period
2024-01-01 to 2024-12-31

KINGDOM KATALYST DBA K2 HAWAII, founded in 2012, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2024.

Mission

TO PROMOTE AND SUPPORT CHRISTIAN ORGANIZATIONS BY PROVIDING CHURCHES, MINISTRIES AND OTHER CHRISTIAN-BASED ORGANIZATIONS ASSISTANCE AND GUIDANCE THROUGH A FULL RANGE OF AFFORDABLE, PROFESSIONAL-QUALITY BUSINESS AND ADVANCEMENT SERVICES; FURTHERING THE DEVELOPMENT OF LEADERSHIP WITHIN THE RELIGIOUS COMMUNITY; AND LAUNCHING NEW PROJECTS AND INITIATIVES TO FURTHER THE CHRISTIAN FAITH.

Program Service Accomplishments

Program 1
Expenses: $463,202 Revenue: $536,109

ORGANIZATIONAL ASSISTANCE -DURING THE 2024 FISCAL YEAR, KINGDOM KATALYST PROVIDED ACCOUNTING AND BUSINESS MANAGEMENT SERVICES TO TEN CHURCHES, ALL MEMBERS OF THE FOURSQUARE DENOMINATION IN HAWAII...

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ORGANIZATIONAL ASSISTANCE -DURING THE 2024 FISCAL YEAR, KINGDOM KATALYST PROVIDED ACCOUNTING AND BUSINESS MANAGEMENT SERVICES TO TEN CHURCHES, ALL MEMBERS OF THE FOURSQUARE DENOMINATION IN HAWAII. SERVICES WERE ALSO PROVIDED TO ANOTHER LOCAL NONPROFIT, THE NATIONAL FOURSQUARE DISTRICT OFFICES AND THREE FOURSQUARE CAMPS ACROSS THE US. APPROXIMATELY 149.5 HOURS OF THE CHAIRMAN'S TIME WAS SPENT IN MEETINGS WITH CLIENT CHURCH REPRESENTATIVES, AND OTHER APOSTOLIC LEADERS TO FURTHER DEVELOP THE PROGRAM. SERVICE REVENUES FOR THESE SERVICES WERE MAINTAINED AT OR BELOW THE COST TO PROVIDE THE SERVICE. THE REMAINING COST NOT COVERED BY SERVICE REVENUE WAS OFFSET BY DONATIONS MADE TO KINGDOM KATALYST BY INDIVIDUALS AND OTHER RELIGIOUS ORGANIZATIONS.

Program 2
Expenses: $145,068 Revenue: $179,611

CLIENT AND COMMUNITY LEADERSHIP DEVELOPMENT -THE PATH2FREEDOM PROGRAM FOCUSES ON CHRISTIAN LIFE COACHING OF APOSTOLIC LEADERS AND THEIR FAMILIES WITH THE PRIMARY OBJECTIVE OF DEVELOPING HEALTHY...

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CLIENT AND COMMUNITY LEADERSHIP DEVELOPMENT -THE PATH2FREEDOM PROGRAM FOCUSES ON CHRISTIAN LIFE COACHING OF APOSTOLIC LEADERS AND THEIR FAMILIES WITH THE PRIMARY OBJECTIVE OF DEVELOPING HEALTHY LEADERS WHO HAVE HEALTHY FAMILIES, WHO AS A RESULT CAN DEVELOP AND LEAD HEALTHY TEAMS WITHIN THEIR CHURCHES AND BUSINESSES. CLIENT LEADERSHIP, COMMUNITY LEADERS AND OTHER ASSOCIATES OF CLIENTS AND KINGDOM KATALYST LEADERSHIP ARE INVITED TO PARTICIPATE. THIS COMPANY OPERATES WITH THE SUPPORT OF DONATIONS FROM COMMUNITY LEADERS AND SERVICE REVENUE FROM CHURCHES AND OTHER ORGANIZATIONS. REVENUES WILL BE MAINTAINED AT OR BELOW THE COST TO PROVIDE THE SERVICE. APPROXIMATELY 218 HOURS OF THE CHAIRMAN'S TIME WAS SPENT IN MEETINGS WITH CLIENT CHURCH REPRESENTATIVES, AND COMMUNITY LEADERS TO FURTHER DEVELOP THE PROGRAM.

Program 3
Expenses: $512,543 Revenue: $532,301

REAL ESTATE LEASING AND DEVELOPMENT SOLUTIONS -THE FIRST LEASE TO BE TRANSFERRED WAS THE EXISTING LEASE FOR ONE OF K2 HAWAII'S PROFESSIONAL SERVICE CLIENTS, WITH THE INTENTION OF REMOVING THE...

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REAL ESTATE LEASING AND DEVELOPMENT SOLUTIONS -THE FIRST LEASE TO BE TRANSFERRED WAS THE EXISTING LEASE FOR ONE OF K2 HAWAII'S PROFESSIONAL SERVICE CLIENTS, WITH THE INTENTION OF REMOVING THE ADMINISTRATIVE BURDEN OF MAINTAINING THE LEASE, AS WELL AS MAKING THE MOST OPTIMAL USE OF THE SPACE BY OFFERING IT TO OTHER CHRISTIAN NON-PROFITS AND SMALL CHURCHES WITHOUT THE FINANCIAL MEANS TO LEASE THEIR OWN MINISTRY SPACE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $188,398
Program Service Revenue $1,282,895
Investment Income $14,469
Other Revenue $0
TOTAL REVENUE $1,485,762

Expense Breakdown

Grants Paid $31,120
Salaries & Benefits $611,136
Fundraising Expenses $0
Program Expenses $1,193,429
Other Expenses $835,828
TOTAL EXPENSES $1,478,084

Year-over-Year Comparison

2024 2023 Change
Revenue $1,485,762 $1,405,869 +0.1%
Expenses $1,478,084 $1,521,752 0.0%
Net Income $7,678 $-115,883 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$120,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CREIGHTON ARITA CHAIRMAN OF THE BOARD/PRESIDENT 7.50
Officer Director
$0 $0 $0
EDWARD ONTAI DIRECTOR 0.05
Director
$0 $0 $0
ALFRED RODI DIRECTOR 0.05
Director
$0 $0 $0
KEN HAYASHIDA DIRECTOR 0.05
Director
$0 $0 $0
JUSTIN ARITA DIRECTOR 0.05
Director
$0 $0 $0
RICHARD KISHABA DIRECTOR 0.05
Director
$0 $0 $0
SUE ANN MORIWAKI EXEC DIRECTOR/TREASURER/SECRETARY 40.00
Officer
$116,679 $3,321 $120,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,485,762 $1,478,084 $4,424,715 $7,678
2023 $1,405,869 $1,521,752 $4,803,001 $-115,883
2022 $1,643,279 $1,538,207 $5,085,546 $105,072
2021 $1,514,736 $1,471,711 $688,077 $43,025
2020 $1,283,578 $1,135,164 $508,524 $148,414
2019 $886,788 $853,832 $341,479 $32,956
2018 $681,166 $614,521 $311,506 $66,645
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