THE BENNETT FOUNDATION

EIN: 471295315 501(c)(3)

Waipahu, HI

Total Revenue
$330,947
Total Expenses
$325,176
Total Assets
$43,535
Net Assets
$26,063
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
HI
Principal Officer
Michael Bennett
Phone
8082282375
Tax Period
2019-01-01 to 2019-12-31

THE BENNETT FOUNDATION, founded in 2014, is a small nonprofit that reported $331K in total revenue in fiscal year 2019. Revenue surged 63% from the prior year, signaling strong growth momentum.

Mission

The Bennett Foundation's mission is to improve the health and well-being of children and their families.

Program Service Accomplishments

Program 1
Expenses: $244,355 Revenue: $7,020

During the 2019-2020 school year we worked with HCAP Head Start classrooms, Chaminade University Lab School, Seagull Schools Ko Olina providing direct intervention for Teachers, Assistants, Family...

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During the 2019-2020 school year we worked with HCAP Head Start classrooms, Chaminade University Lab School, Seagull Schools Ko Olina providing direct intervention for Teachers, Assistants, Family advocates (Head Start), and Administrators. Indirectly, we served families and students. We delivered professional development and coaching/mentoring for classroom curriculum and activity integration and family engagement, as well as resource referrals and connections. This included conducting monthly mini-workshops, networking, one on one follow up in the classroom w/ teaching staff, curriculum/activity planning, family engagement assistance to relate to classroom activities, and operation of Produce to Preschools mobile on-site market. Over the course of the year we served 24 HCAP Head Start classrooms at 22 different schools; directly reaching 60 teachers/administrators/family advocates each month, 480 students, and over 1,000 family members. Family engagement attendance increased at the end of the year to 85-100% at all of the sites we worked with. Beginning of the year attendance was only at 10-20%.

Program 2
Expenses: $726 Revenue: $0

Seattle: Breaking Barriers: High School Ethnic Studies Education Program During 2019, we worked with teachers and administrators at Garfield High School offering professional development sessions on...

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Seattle: Breaking Barriers: High School Ethnic Studies Education Program During 2019, we worked with teachers and administrators at Garfield High School offering professional development sessions on foundations in ethnic studies and classroom/curricular technical assistance. We delivered key concepts of Ethnic studies with the focus on African American studies. We conducted 4 PD sessions and followed up monthly through phone, email, in-person visits.

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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 (2019)

Revenue Breakdown

Contributions & Grants $359,070
Program Service Revenue $7,020
Investment Income $0
Other Revenue $-35,143
TOTAL REVENUE $330,947

Expense Breakdown

Grants Paid $0
Salaries & Benefits $224,851
Fundraising Expenses $4,949
Program Expenses $245,081
Other Expenses $100,325
TOTAL EXPENSES $325,176

Year-over-Year Comparison

2019 2018 Change
Revenue $330,947 $203,121 +0.6%
Expenses $325,176 $352,102 -0.1%
Net Income $5,771 $-148,981 -1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
6
Volunteers
100

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
$0
Total Directors
5
$55,051
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Chang Director of Operations and Programs 35
Director
$33,590 $0 $33,590
Elix Villafuerte Director of Finance 15
Director
$21,461 $0 $21,461
Michael Bennett President 20
Officer Director
$0 $0 $0
Pele Bennett Vice-President/Executive Director 20
Officer Director
$0 $0 $0
Tina Griffith Director of Program Development 15
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
2019 $330,947 $325,176 $43,535 $5,771
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