MAUI POLICE FOUNDATION

EIN: 815339775 501(c)(3) Crime & Legal

WAILUKU, HI

Total Revenue
$800,902
Total Expenses
$3,163
Total Assets
$812,615
Net Assets
$812,615
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
HI
Principal Officer
PAULETTE RAMSAY WOOD
Phone
8084958837
Tax Period
2023-01-01 to 2023-12-31

MAUI POLICE FOUNDATION, founded in 2017, is a small nonprofit in the Crime & Legal sector that reported $801K in total revenue in fiscal year 2023. The organization ran a surplus of $798K, a strong 100% operating margin.

Mission

THE MAUI POLICE FOUNDATION IS AN INDEPENDENT ORGANIZATION GOVERNED BY AN ALL VOLUNTEER BOARD OF DIRECTORS COMPRISED OF BUSINESS AND PHILANTHROPIC LEADERS. THE FOUNDATION IS DEDICATED TO ENHANCE PUBLIC SAFETY AND TO DEVELOP STRONGER RELATIONSHIPS BETWEEN THE COMMUNITY AND THE MAUI POLICE DEPARTMENT. THROUGH ITS FUNDRAISING EFFORTS, ITS MISSION IS TO SUPPLEMENT NEEDED PROJECTS AND PROGRAMS THAT ARE NOT POSSIBLE DUE TO COUNTY OF MAUI BUDGET SHORTFALLS FOR OFFICER EQUIPMENT AND TRAINING, AS WELL AS YOUTH OUTREACH PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $1,013

ON AUGUST 8, 2023, THE ISLAND OF MAUI ENDURED EXTENSIVE LOSS OF LIFE AND PROPERTY DUE TO FIRES. IT IS EXPECTED THE DAMAGING RESULTS OF THESE FIRESTORMS WILL BE FELT THROUGHOUT MAUI FOR SEVERAL YEARS...

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ON AUGUST 8, 2023, THE ISLAND OF MAUI ENDURED EXTENSIVE LOSS OF LIFE AND PROPERTY DUE TO FIRES. IT IS EXPECTED THE DAMAGING RESULTS OF THESE FIRESTORMS WILL BE FELT THROUGHOUT MAUI FOR SEVERAL YEARS TO COME. SHORTLY AFTER THE FIRES, THE MAUI POLICE FOUNDATION SOLICITED DONATIONS ON ITS WEBSITE FOR THE MAUI POLICE DEPARTMENT TO BE USED FOR REPLACEMENT AND PROCUREMENT OF EQUIPMENT AND TRAINING IN CONCERT WITH ITS BYLAWS IN AN EFFORT TO BE BETTER PREPARED FOR ANY FUTURE DISASTER SUCH AS THE ONE EXPERIENCED. CONTRIBUTIONS MADE THROUGH THE WEBSITE WERE MADE THROUGH PAYPAL. ADDITIONALLY, DURING THE MONTH OF OCTOBER A GROUP OF PART TIME RESIDENTS ASSEMBLED IN SUPPORT OF 4 MAUI NON-PROFIT ORGANIZATIONS, ONE OF WHICH WAS THE MAUI POLICE FOUNDATION. THEY PROMOTED AWARENESS OF THE MAUI POLICE FOUNDATION AND ITS MISSION AND SOLICITED DONATIONS FOR EACH OF THE NON-PROFITS. DUE TO THESE EFFORTS, THE MAUI POLICE FOUNDATION RECEIVED SEVERAL HUNDRED THOUSAND DOLLARS IN DONATIONS TO BE USED IN ACCORDANCE WITH ITS MISSION. NO FUNDRAISERS WERE SPONSORED BY THE MAUI POLICE FOUNDATION DURING THIS TIME; THEREFORE NO FUNDRAISING DOLLARS WERE SPENT FROM THE MAUI POLICE FOUNDATION'S BUDGET. A LIST OF DONATIONS OF 5,000 OR MORE ARE LISTED IN SCHEDULE B.

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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 (2023)

Revenue Breakdown

Contributions & Grants $800,902
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $800,902

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,013
Other Expenses $3,163
TOTAL EXPENSES $3,163

Year-over-Year Comparison

2023 2022 Change
Revenue $800,902 N/A N/A
Expenses $3,163 N/A N/A
Net Income $797,739 N/A N/A
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
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULETTE RAMSAY WOOD PRESIDENT/TR 10.00
Officer
$0 $0 $0
PAUL N WOOD SECRETARY 5.00
Officer
$0 $0 $0
IWALANI JUSTICE-IBUOS TREASURER 2.00
Officer
$0 $0 $0
KAI PELAYO DIRECTOR 5.00
Director
$0 $0 $0
LEIL KOCH DIRECTOR 5.00
Director
$0 $0 $0
ALEX FIELDING DIRECTOR 5.00
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
2023 $800,902 $3,163 $812,615 $797,739
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