The Hanalei Initiative Inc

EIN: 831572601 501(c)(3) Community Improvement

Hanalei, HI

Total Revenue
$7,402,363
Total Expenses
$6,640,631
Total Assets
$3,133,932
Net Assets
$3,133,789
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
HI
Principal Officer
Hermina Morita
Phone
8086352074
Tax Period
2024-01-01 to 2024-12-31

The Hanalei Initiative Inc, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $7.4M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $6.6M left a modest 10% surplus.

Mission

Building strong networks and partnerships to drive impactful actions to malama our Kauai north shore community to thrive.

Program Service Accomplishments

Program 1
Expenses: $6,313,225 Revenue: $6,396,998

Transportation: Since 2018, the Kauai North Shore Shuttle augments the County's public transportation system by providing more access to public transportation, reducing congestion. In 2021 the...

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Transportation: Since 2018, the Kauai North Shore Shuttle augments the County's public transportation system by providing more access to public transportation, reducing congestion. In 2021 the shuttle program was expanded and became integral to the integrated access and entry system to the Haena State Park to enable better stewardship of cultural and natural resources and reduce other impacts of congestion and overuse on the surrounding community. This was to fulfill the legislative intent in state law regarding state parks "that are designated by the [State of Hawaii] Board of Land and Natural Resources as environmentally, culturally, historically, or operationally unique and are supported by nonprofit corporations incorporated in accordance with state law solely for purposes of supporting state aims and goals of the designated state park, and operating under agreement with the appropriate agency solely for those purposes, aims, and goals, and to lessen the burden on government.

Program 2
Expenses: $139,753

University of Hawaii - National Science Foundation environmental project.

Program 3
Expenses: $26,610

Wastewater strategies and feasibility investigation is a grant-funded program that began in October 2024 to implement a feasibility investigation into viable wastewater treatment strategies for the...

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Wastewater strategies and feasibility investigation is a grant-funded program that began in October 2024 to implement a feasibility investigation into viable wastewater treatment strategies for the town of Hanalei. There is also a groundwater measuring system that will help inform wastewater work going forward. This was funded by a USDA Technical and Training grant program award received in 2025.

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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 $957,508
Program Service Revenue $6,405,840
Investment Income $39,015
Other Revenue $0
TOTAL REVENUE $7,402,363

Expense Breakdown

Grants Paid $10,160
Salaries & Benefits $1,396,617
Fundraising Expenses $277
Program Expenses $6,551,634
Other Expenses $5,233,854
TOTAL EXPENSES $6,640,631

Year-over-Year Comparison

2024 2023 Change
Revenue $7,402,363 $6,582,969 +0.1%
Expenses $6,640,631 $6,707,311 0.0%
Net Income $761,732 $-124,342 -7.1%
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
6
Independent Members
6
Employees
42
Volunteers
16

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
5
$106,236
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joel Guy Executive Dir. 40.00
Officer
$106,236 $0 $106,236
Alanna Bauman Treasurer 0.70
Officer Director
$0 $0 $0
Amy Frazier Vice President 0.70
Officer Director
$0 $0 $0
Hermina Morita President 2.00
Officer Director
$0 $0 $0
Megan McCullough Secretary 0.70
Officer Director
$0 $0 $0
Mason Chock Director 0.70
Director
$0 $0 $0
Monica Belz Director 0.30
Director
$0 $0 $0
Janet Kass Director 1.60
Director
$0 $0 $0
John Cook Director 0.10
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
2024 $7,402,363 $6,640,631 $3,133,932 $761,732
2023 $6,582,969 $6,707,311 $2,348,263 $-124,342
2022 $6,249,366 $5,841,317 $2,466,066 $408,049
2021 $2,981,213 $1,911,902 $2,058,017 $1,069,311
2020 $730,788 $915,259 $859,747 $-184,471
2019 $2,046,447 $1,188,246 $1,044,218 $858,201
2018 $182,180 $50,999 $131,181 $131,181
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