KANAKA ECONOMIC DEVELOPMENT ALLIANCE (EIN 843551905) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

Kelea Levy

Phone

8082242668

Tax Period

2023-01-01 to 2023-12-31

KANAKA ECONOMIC DEVELOPMENT ALLIANCE, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $306K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 40% operating margin.

Mission

The Kanaka Economic Development Alliance ("KEDA") is a 501(c)(3) nonprofit organization whose mission is to empower the Native Hawaiian community and improve our collective livelihoods and the life of the land through self-led economic development. At KEDA, we support development that promotes equality, inclusivity, and all of our diversity as a people.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $217,670

Program Service Revenue $85,601

Investment Income $0

Other Revenue $2,375

TOTAL REVENUE $305,646

Expense Breakdown

Grants Paid $2,063

Salaries & Benefits $159,555

Fundraising Expenses $405

Program Expenses $182,346

Other Expenses $23,024

TOTAL EXPENSES $184,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,646	$178,617	+0.7%
Expenses	$184,642	$176,804	+0.0%
Net Income	$121,004	$1,813	+65.7%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

$72,193

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kelea Levy	Executive Director	32	Key Emp Highest	$72,193	$0	$72,193
Aaron Wills	President	1	Officer Director	$0	$0	$0
Troy Hanohano	Secretary	1	Officer Director	$0	$0	$0
Isaac Kamoku	Treasurer	1	Officer 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	No data	No data	No data	No data
2023	$305,646	$184,642	$188,819	$121,004
2022	$178,617	$176,804	$68,232	$1,813

KANAKA ECONOMIC DEVELOPMENT ALLIANCE