HAWAIIAN LEGACY REFORESTATION INIT… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

JEFFREY A DUNSTER

Phone

8085958847

Tax Period

2023-01-01 to 2023-12-31

HAWAIIAN LEGACY REFORESTATION INITIATIVE, founded in 2014, is a community nonprofit in the Environment sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 51% operating margin.

Mission

HAWAIIAN LEGACY REFORESTATION INITIATIVE (HLRI) IS DEDICATED TO CREATING INNOVATIVE NATIVE/ENDEMIC REFORESTATION MODELS THAT ARE SCIENTIFICALLY, ECONOMICALLY, AND ECOLOGICALLY SELF-SUSTAINING. THESE FORESTS PRODUCE GREEN JOBS IN FORESTRY AND OTHER FOREST RELATED OCCUPATIONS AS WELL AS RECHARGE OUR WATERSHED, SEQUESTER CARBON FROM OUR ATMOSPHERE, ENHANCE BIODIVERSITY, SUPPORT THE HAWAIIAN CULTURE, AND INVOLVE THE LOCAL BUSINESS COMMUNITY AND THE PUBLIC, INSPIRING ACTIVE PARTICIPATION IN BEING PART OF THE SOLUTION.

Program Service Accomplishments

Program 1

Expenses: $769,264

HAWAIIAN LEGACY REFORESTATION INITIATIVE (HLRI) HAS PARTICIPATED IN TAKING 1,000 ACRES OF DENUDED PASTURELAND AND REESTABLISHED AN ENTIRE INTACT ENDEMIC ECOSYSTEM (THE WORLD'S FIRST HAWAIIAN LEGACY FOREST). HLRI HAS PLANTED ENDEMIC TREES ON THE ISLANDS OF HAWAII AND OAHU AND HAS COMMITMENTS FOR NEARLY 2,000,000 MORE OVER THE COMING YEARS - WELL ON ITS WAY TO SURPASSING ITS ORIGINAL GOAL OF PLANTING 1.3 MILLION TREES (ONE FOR EACH MAN, WOMAN, AND CHILD IN HAWAII). DURING 2023, HLRI HAS PLANTED APPROXIMATELY 25,998 TREES. HLRI HAS BEEN RECOGNIZED GLOBALLY FOR GROUNDBREAKING INNOVATIONS. THROUGH STATE-OF-THE-ART TECHNOLOGIES AND PROPRIETARY FOREST MANAGEMENT PRACTICES, HLRI IS PROMOTING LONG-TERM FOREST HEALTH, CARBON SEQUESTRATION, ECOSYSTEM DIVERSITY, AND UNPARALLELED DATA COLLECTION FOR RESEARCH AND DEVELOPMENT, ALL WHILE CREATING GREEN JOBS FOR HAWAII FAMILIES. DURING 2023, HLRI HAS MADE GRANTS OF 4,803 TO OTHER CHARITABLE ORGANIZATIONS IN CONNECTION WITH ITS PROGRAM TO PLANT LEGACY TREES. MOST IMPORTANTLY, IT TRIES HARD TO DO ALL OF THIS IN A WAY THAT HONORS THE HAWAIIAN CULTURE.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,747,824

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $2,747,832

Expense Breakdown

Grants Paid $4,803

Salaries & Benefits $235,668

Fundraising Expenses $94,874

Program Expenses $769,264

Other Expenses $1,103,993

TOTAL EXPENSES $1,344,464

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,747,832	$1,715,303	+0.6%
Expenses	$1,344,464	$1,861,627	-0.3%
Net Income	$1,403,368	$-146,324	-10.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$211,668

Total Directors

$132,861

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY A DUNSTER	PRESIDENT/DI	20.00	Officer Director	$72,013	$0	$72,013
LISA MILLER	CFO	20.00	Officer	$66,911	$0	$66,911
BETSY MALER	SECRETARY	20.00	Officer	$30,937	$0	$30,937
SUSANNE KURISU	EXECUTIVE DI	40.00	Officer Director	$18,848	$0	$18,848
FRANCIS WONG	CHAIRMAN/DIR	2.00	Officer Director	$0	$18,000	$18,000
SUSAN DUJMOVIC	DIRECTOR	2.00	Director	$0	$12,000	$12,000
KENNETH HAMLET	DIRECTOR	2.00	Director	$0	$12,000	$12,000
KYLIE MANRIKI	TREASURER	20.00	Officer	$4,959	$0	$4,959
DENISE ALBANO	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG VONDEMFANGE	CFO	10.00	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	$2,747,832	$1,344,464	$3,143,667	$1,403,368
2022	$1,715,303	$1,861,627	$1,579,167	$-146,324
2021	$1,026,177	$1,269,601	$1,645,844	$-243,424
2020	$370,272	$1,051,161	$1,941,210	$-680,889
2020	$364,403	$1,045,291	$1,941,211	$-680,888
2019	$811,999	$740,621	$1,326,316	$71,378
2018	$1,622,368	$1,536,313	$1,259,545	$86,055

HAWAIIAN LEGACY REFORESTATION INITIATIVE