NALUKAI FOUNDATION

EIN: 461377090 501(c)(3) Education

Kamuela, HI

Total Revenue
$446,806
Total Expenses
$212,037
Total Assets
$363,859
Net Assets
$363,859
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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
Kari Clark
Phone
8085575095
Tax Period
2023-01-01 to 2023-12-31

NALUKAI FOUNDATION, founded in 2012, is a small nonprofit in the Education sector that reported $447K in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $235K, a strong 53% operating margin.

Mission

Nalukai provides education, mentoring and other services to individuals and small businesses to spur entrepreneurship and job creation in Hawaii.

Program Service Accomplishments

Program 1
Expenses: $81,180 Revenue: $0

In 2023, the Nalukai Academy Summer Start Up Camp program provided 10 days of social, cultural and commercial entrepreneurship training to 26 Hawaii high school students from O'ahu, Hawai'i Island...

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In 2023, the Nalukai Academy Summer Start Up Camp program provided 10 days of social, cultural and commercial entrepreneurship training to 26 Hawaii high school students from O'ahu, Hawai'i Island, Maui and Kaua'i as well as 3 days of leadership training and 10 days of team management experience to 7 alumni of previous Nalukai programs.

Program 2
Expenses: $46,788 Revenue: $0

The Nalukai Alumni Program provided guest speaker events, career-development workshops, ongoing mentorship, college counseling and other forms of support to 68 of the 237 graduates of prior Nalukai...

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The Nalukai Alumni Program provided guest speaker events, career-development workshops, ongoing mentorship, college counseling and other forms of support to 68 of the 237 graduates of prior Nalukai Academy programs during 2023.

Program 3
Expenses: $44,665 Revenue: $0

Nalukai held its first 6-day Fall Program providing 11 Puna and South Hilo students with an introduction to social entrepreneurship focusing on local challenges and informed by indigenous culture.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $446,806
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $446,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,500
Fundraising Expenses $0
Program Expenses $172,633
Other Expenses $174,537
TOTAL EXPENSES $212,037

Year-over-Year Comparison

2023 2022 Change
Revenue $446,806 $241,025 +0.9%
Expenses $212,037 $146,093 +0.5%
Net Income $234,769 $94,932 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$75,000
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kari Clark CFO 5
Officer
$25,000 $25,000 $50,000
David Clarke Secretary 3
Officer
$12,500 $12,500 $25,000
Nick Wong Board Member 2
Director
$0 $0 $0
Darius Monsef Chairman of the Board 1
Officer
$0 $0 $0
Auston Stewart Board Member 10
Officer
$0 $0 $0
Pualani Lincoln Board Member 1
Officer
$0 $0 $0
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
2024 No data No data No data No data
2023 $446,806 $212,037 $363,859 $234,769
2022 $241,025 $146,093 $130,319 $94,932
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