Kamalani Academy

EIN: 814065927 501(c)(3)

Wahiawa, HI

Total Revenue
$2,393,592
Total Expenses
$2,389,495
Total Assets
N/A
Net Assets
$198,485
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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
2017
Legal Domicile
HI
Phone
8082032993
Tax Period
2018-07-01 to 2019-06-30

Kamalani Academy, founded in 2017, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2018. Revenue decreased 17% compared to the prior year.

Mission

The need behind the Kamalani Academy Vision is well described by the eminent educator Dr. Linda Darling Hammond of Stanford University: The new mission of schools is to prepare students to work at jobs that do not yet exist, creating ideas and solutions for products and problems that have not yet been identified, using technologies that have not yet been invented. We must teach our way out.In the years ahead, it will not be enough to know math, science, and reading. Those who are successful will be able to deal with an increasingly rapid rate of change where the future will be unknown. Already, employers are saying that their most valuable employees are those who are flexible, creative, persistent, communicate well, listen, and can work in teams. Our Vision is to have our students learn these soft skills through arts integrated education.Kamalanis Vision is To create a space where children become leaders, prepared for a Twenty-First Century we cannot even imagine.

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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 (2018)

Revenue Breakdown

Contributions & Grants $2,333,584
Program Service Revenue $60,008
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,393,592

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,190,332
Fundraising Expenses $0
Program Expenses $1,847,184
Other Expenses $1,199,163
TOTAL EXPENSES $2,389,495

Year-over-Year Comparison

2018 2017 Change
Revenue $2,393,592 $2,881,192 -0.2%
Expenses $2,389,495 $2,686,904 -0.1%
Net Income $4,097 $194,288 -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

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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
7
Independent Members
7
Employees
53
Volunteers
10

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ku'uipo Laumatia Chairman 1.00
Officer Director
$0 $0 $0
Steve Davidson Vice Chair 1.00
Officer Director
$0 $0 $0
Kalani Fronda Secretary 1.00
Officer Director
$0 $0 $0
Lani Pili Treasurer 1.00
Officer Director
$0 $0 $0
Elizabeth Love Trustee 1.00
Director
$0 $0 $0
Daniel Pate Trustee 1.00
Director
$0 $0 $0
Scott Nakagawa Trustee 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
2019 $2,393,592 $2,389,495 No data $4,097
2018 $2,881,192 $2,686,904 $849,930 $194,288
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