SEEQS FOUNDATION

EIN: 461396100 501(c)(3) Education

HONOLULU, HI

Total Revenue
$178,035
Total Expenses
$63,944
Total Assets
$934,789
Net Assets
$924,644
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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
RICHARD WALLSGROVE
Phone
8086773377
Tax Period
2023-07-01 to 2024-06-30

SEEQS FOUNDATION, founded in 2012, is a small nonprofit in the Education sector that reported $178K in total revenue in fiscal year 2023. The organization ran a surplus of $114K, a strong 64% operating margin.

Mission

(A) TO SERVE AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE TO THE SCHOOL FOR EXAMINING ESSENTIAL QUESTIONS OF SUSTAINABILITY (SEEQS), A HAWAII PUBLIC CHARTER SCHOOL AND ENTITY DESCRIBED IN SECTION 170(B)(1)(A)(V) OF THE INTERNAL REVENUE CODE, AND, IN THIS CAPACITY, TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF SEEQS; AND (B) TO OPERATE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, LITERARY, EDUCATIONAL AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF THE SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE.

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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 $147,941
Program Service Revenue $0
Investment Income $26,194
Other Revenue $3,900
TOTAL REVENUE $178,035

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,633
Other Expenses $53,944
TOTAL EXPENSES $63,944

Year-over-Year Comparison

2023 2022 Change
Revenue $178,035 $185,386 0.0%
Expenses $63,944 $110,339 -0.4%
Net Income $114,091 $75,047 +0.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD WALLSGROVE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN FOSTER VICE-PRESIDE 1.00
Officer Director
$0 $0 $0
CHASE LIVINGSTON SECRETARY 1.00
Officer Director
$0 $0 $0
KEVIN LUOMA TREASURER 1.00
Officer Director
$0 $0 $0
EVAN REPPUN BEACHY DIRECTOR 1.00
Director
$0 $0 $0
LORI KAHIKINA DIRECTOR 1.00
Director
$0 $0 $0
VINCENT KIMURA DIRECTOR 1.00
Director
$0 $0 $0
BRAD PUNU DIRECTOR 1.00
Director
$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
2025 No data No data No data No data
2024 $178,035 $63,944 $934,789 $114,091
2023 $185,386 $110,339 $811,318 $75,047
2022 $135,406 $76,366 $742,235 $59,040
2021 $394,996 $13,650 $695,969 $381,346
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