HO'OKAKO'O CORPORATION

EIN: 760717301 501(c)(3) Education

HONOLULU, HI

Total Revenue
$6,432,414
Total Expenses
$4,443,394
Total Assets
$4,056,219
Net Assets
$3,261,235
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
HI
Principal Officer
DAVID Y GIBSON
Phone
8089833830
Tax Period
2024-07-01 to 2025-06-30

HO'OKAKO'O CORPORATION, founded in 2002, is a community nonprofit in the Education sector that reported $6.4M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 31% operating margin.

Mission

WE EMPOWER COMMUNITIES TO DEVELOP HIGH QUALITY, STUDENT-CENTERED, AND SUSTAINABLE HAWAIIAN-FOCUSED CHARTER SCHOOLS BY PROVIDING EXCEPTIONAL EDUCATIONAL SUPPORT SERVICES, MUTUAL ACCOUNTABILITY, AND A CULTURE OF LEARNING.

Program Service Accomplishments

Program 1
Expenses: $4,187,221 Revenue: $762,365

HO'OKAKO'O CORPORATION PROVIDES VARIOUS PERSONNEL, MANAGEMENT, AND LEADERSHIP DEVELOPMENT SERVICES TOWARDS THE OPERATIONS OF WAIMEA MIDDLE SCHOOL, KUALAPU'U ELEMENTARY SCHOOL, AND KAMAILE ACADEMY...

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HO'OKAKO'O CORPORATION PROVIDES VARIOUS PERSONNEL, MANAGEMENT, AND LEADERSHIP DEVELOPMENT SERVICES TOWARDS THE OPERATIONS OF WAIMEA MIDDLE SCHOOL, KUALAPU'U ELEMENTARY SCHOOL, AND KAMAILE ACADEMY. THE ORGANIZATION CHARGES A FEE FOR THESE COMPREHENSIVE SCHOOL SUPPORT SERVICES.

Program 2

ASSIST SCHOOLS ALREADY IN OPERATION ON ISSUES THAT AFFECT ALL SCHOOLS IN THE PROGRAM. ACTIVITIES INCLUDE STUDENT LEARNING & ACHIEVEMENT, CURRICULUM DEVELOPMENT, STANDARDS/MEASUREMENT OF SUCCESS...

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ASSIST SCHOOLS ALREADY IN OPERATION ON ISSUES THAT AFFECT ALL SCHOOLS IN THE PROGRAM. ACTIVITIES INCLUDE STUDENT LEARNING & ACHIEVEMENT, CURRICULUM DEVELOPMENT, STANDARDS/MEASUREMENT OF SUCCESS, TEACHER PROFESSIONAL DEVELOPMENT, STUDENT SUPPORT, AND RESOURCE MANAGEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,575,437
Program Service Revenue $762,365
Investment Income $94,612
Other Revenue $0
TOTAL REVENUE $6,432,414

Expense Breakdown

Grants Paid $3,301,302
Salaries & Benefits $720,073
Fundraising Expenses $0
Program Expenses $4,187,221
Other Expenses $422,019
TOTAL EXPENSES $4,443,394

Year-over-Year Comparison

2024 2023 Change
Revenue $6,432,414 $4,649,550 +0.4%
Expenses $4,443,394 $4,570,205 0.0%
Net Income $1,989,020 $79,345 +24.1%
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

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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
7
Independent Members
7
Employees
8
Volunteers
N/A

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
$152,736
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IVAN TAKUSHI CHAIR / TREASURER 8.00
Officer Director
$0 $0 $0
SUSAN MADDOX VICE CHAIR 4.00
Officer Director
$0 $0 $0
KUMAU PINEDA-AKIONA SECRETARY 4.00
Officer Director
$0 $0 $0
KEALOHA FOX DIRECTOR 4.00
Director
$0 $0 $0
PUALANI AKAKA DIRECTOR 4.00
Director
$0 $0 $0
JONATHAN CHING DIRECTOR 4.00
Director
$0 $0 $0
MARY KOMOMUA DIRECTOR 4.00
Director
$0 $0 $0
DAVID Y GIBSON EXECUTIVE DIRECTOR 40.00
Officer
$142,572 $10,164 $152,736
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 $6,432,414 $4,443,394 $4,056,219 $1,989,020
2024 $4,649,550 $4,570,205 $2,363,035 $79,345
2023 $4,831,749 $4,811,933 $2,077,413 $19,816
2022 $4,631,591 $4,570,530 $1,567,414 $61,061
2021 $4,551,589 $4,451,050 $1,500,051 $100,539
2020 $4,058,281 $3,931,439 $1,298,139 $126,842
2019 $3,768,772 $3,783,113 $1,053,805 $-14,341
2018 $4,294,063 $4,139,607 $1,203,478 $154,456
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