IKAIKA HAWAII (WATERMANS ACADEMY)

EIN: 462388864 501(c)(3) Youth Development

HONOLULU, HI

Total Revenue
$321,063
Total Expenses
$337,830
Total Assets
$61,581
Net Assets
$42,398
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
HI
Principal Officer
SHELLEY OATES-WILDING
Phone
8087807180
Tax Period
2024-01-01 to 2024-12-31

IKAIKA HAWAII (WATERMANS ACADEMY), founded in 2013, is a small nonprofit in the Youth Development sector that reported $321K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

TO PERPETUATE THE DEVELOPMENT OF INSPIRATIONAL WATERMAN THROUGH POSITIVE WATER SPORT OPPORTUNITIES FOR THE CHILDREN OF HAWAII, SHARING KNOWLEDGE ON WATERMANS SAFETY, SKILLS & STEWARDSHIP.

Program Service Accomplishments

Program 1
Expenses: $242,603 Revenue: $197,701

THE WATERMANS ACADEMY PROGRAM FOR SAFETY, SKILLS AND STEWARDSHIP - WITH OVER 300 CHILDREN COMING THROUGH THE PROGRAM FOR ONE WEEK OR UP 12 WEEKS, THROUGHOUT THE SUMMER, AND DURING ALL THE SCHOOL...

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THE WATERMANS ACADEMY PROGRAM FOR SAFETY, SKILLS AND STEWARDSHIP - WITH OVER 300 CHILDREN COMING THROUGH THE PROGRAM FOR ONE WEEK OR UP 12 WEEKS, THROUGHOUT THE SUMMER, AND DURING ALL THE SCHOOL HOLIDAYS. THIS PROGRAM IS FOR 5-14 YEAR OLD KEIKI TO BE INTRODUCED TO WATERMANS OCEAN SAFETY, SKILLS AND STEWARDSHIP AND THEN TO IMPROVE THEIR CONFIDENCE AND SKILLS ON WATER CRAFT LIKE SURF SKI, KAYAK, ROWING, PADDLE BOARD, SUP AND OUTRIGGER CANOEING, WHILE LEARNING WATER SAFETY PRACTICES. THE "WATERMAN" CAN THEN CONTINUE THEIR LOVE OF THE OCEAN BY JOINING THE MORE FOCUSED AFTER SCHOOL SQUADS, OR BE CHOSEN TO VOLUNTEER IN THE YOUTH COACH/ LEADERSHIP PROGRAM. ROWING CLINICS - ROWING SHELL EXPERIENCE WAS PROVIDED TO OVER 20 STUDENTS TO ASSIST WITH COLLEGE APPLICATION. COLLEGE SCHOLARSHIPS ARE PROVIDED TO YOUTH THAT MEET THE REQUIREMENTS.

Program 2
Expenses: $58,851 Revenue: $51,641

SQUAD TRAINING PROGRAMS FOR OUR YOUTH TO LEARN AND TRAIN IN MENTAL AND PHYSICAL FITNESS AS WELL AS LIFE WELLBEING UTILISING THE SPORTS OF CANOE, KAYAK AND ROWING. THIS PROGRAM HAS CHILDREN ON A...

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SQUAD TRAINING PROGRAMS FOR OUR YOUTH TO LEARN AND TRAIN IN MENTAL AND PHYSICAL FITNESS AS WELL AS LIFE WELLBEING UTILISING THE SPORTS OF CANOE, KAYAK AND ROWING. THIS PROGRAM HAS CHILDREN ON A MONTHLY BASIS, ALL YEAR AROUND EVERY DAY OF THE SCHOOL WEEK AND SATURDAYS AND SERVICES OVER 150 DIFFERENT KIDS EACH YEAR WITH SOME COMING DAILY ALL YEAR AROUND. ANY CHILD WILLING TO PUT IN THE WORK, MAY DEVELOP AS AN ELITE ATHLETE TO BE CHOSEN TO REPRESENT HAWAII IN NATIONAL AND INTERNATIONAL COMPETITIONS, THUS FURTHERING EXPOSURE TO VARIOUS CULTURES AND LIFE EXPERIENCES.

Program 3

LEADERSHIP PROGRAM - THIS IS AN OPPORTUNITY FOR OUR KEIKI TO LEARN POSITIVE LEADERSHIP SKILLS, BECOME LOVING, COMPASSIONATE MENTORS AND YOUTH LEADERS OF TOMORROW WITH FOCUS ON POSITIVE WORDAGE FOR...

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LEADERSHIP PROGRAM - THIS IS AN OPPORTUNITY FOR OUR KEIKI TO LEARN POSITIVE LEADERSHIP SKILLS, BECOME LOVING, COMPASSIONATE MENTORS AND YOUTH LEADERS OF TOMORROW WITH FOCUS ON POSITIVE WORDAGE FOR THEMSELVES AND OTHERS. PROVIDING SAFE, FUN LEARNING FOR THEIR LEADERSHIP TEAM AND THE YOUNGER KEIKI THEY THEN SUPPORT AND BE MENTORED AND BECOME MENTORS THROUGH THE LEARNINGS AND SKILLS THEY DEVELOP WHILE SUPPORTING THE WATERMANS ACADEMY.

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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 $71,719
Program Service Revenue $249,342
Investment Income $2
Other Revenue $0
TOTAL REVENUE $321,063

Expense Breakdown

Grants Paid $32,297
Salaries & Benefits $81,722
Fundraising Expenses $1,144
Program Expenses $301,454
Other Expenses $223,811
TOTAL EXPENSES $337,830

Year-over-Year Comparison

2024 2023 Change
Revenue $321,063 $440,861 -0.3%
Expenses $337,830 $483,611 -0.3%
Net Income $-16,767 $-42,750 -0.6%
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
7
Independent Members
4
Employees
1
Volunteers
50

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
7
$75,739
Total Directors
7
$75,739
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHELLEY OATES-WILDING PRESIDENT/CEO COACH 70.00
Officer Director
$63,360 $12,379 $75,739
NICHOLAS WHITCOMB BOARD MEMBER COACH 18.00
Officer Director
$0 $0 $0
KAI WILDING OFFICER/PROGRAM DIRECTOR 18.00
Officer Director
$0 $0 $0
KIM KEPNER SYBOUMNY OFFICER 4.00
Officer Director
$0 $0 $0
MELISSA LAMBERT VP 2.00
Officer Director
$0 $0 $0
GEAL TALBERT SECRETARY 2.00
Officer Director
$0 $0 $0
EDWARD WATSON TREASURER 2.00
Officer 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
2024 $321,063 $337,830 $61,581 $-16,767
2023 $440,861 $483,611 $78,520 $-42,750
2022 $465,153 $446,857 $219,553 $18,296
2021 $426,196 $355,125 $411,201 $71,071
2020 $216,328 $178,185 $138,118 $38,143
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