HAWAII EXECUTIVE COLLABORATIVE

EIN: 844041099 501(c)(3) Community Improvement

HONOLULU, HI

Total Revenue
$2,966,357
Total Expenses
$2,717,526
Total Assets
$1,023,450
Net Assets
$891,736
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
HI
Principal Officer
DUANE KURISU
Phone
8085235644
Tax Period
2023-01-01 to 2023-12-31

HAWAII EXECUTIVE COLLABORATIVE, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $2.7M left a modest 8% surplus.

Mission

HAWAII EXECUTIVE COLLABORATIVE ("HEC") IS A NON-PROFIT ORGANIZATION THAT UNITES LOCAL AND GLOBAL LEADERS TO ADDRESS THE SYSTEMIC CHALLENGES AFFECTING HAWAII'S SOCIETY, CULTURE, AND ECONOMIC VITALITY. HEC SERVES AS A "BACKBONE ORGANIZATION" (AN ORGANIZATIONAL MODEL THAT PLAYS A KEY ROLE IN COLLECTIVE IMPACT) FOR CEOS AND OTHER DECISION- MAKER MEMBERS BY ORGANIZING CROSS-SECTOR PARTNERSHIPS TO HELP TRANSFORM FRAGMENTED SYSTEMS TO IMPROVE SOCIAL OUTCOMES. HEC HELPS TO GUIDE VISION AND STRATEGY, SUPPORT ALIGNED ACTIVITIES, BUILD PUBLIC WILL, ADVANCE POLICY, MOBILIZE FUNDING, AND ESTABLISH SHARED GOALS AND METRICS.

Program Service Accomplishments

Program 1
Expenses: $1,113,095 Revenue: $12,650

Rediscovering Hawai'i's Soul The process of rediscovering Hawai'i's soul is key to addressing the root causes of many of Hawai'i's most enduring challenges. By reimagining a future for Hawai'i that...

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Rediscovering Hawai'i's Soul The process of rediscovering Hawai'i's soul is key to addressing the root causes of many of Hawai'i's most enduring challenges. By reimagining a future for Hawai'i that is thriving, inclusive, and honors Hawaiian culture and values, the outlook for our people and our communities will be brighter than ever. Through a process of Transformative Scenario Planning that was developed and facilitated by Reos Partners, a diverse group of community leaders came together in August and September 2022 to grapple with some big questions and begin to envision a variety of possible futures for Hawai'i. How can we ensure that Hawai'i's soul is not diminished or lost? How can we help with healing so that trust is built and not eroded? Out of the planning sessions with business leaders, cultural practitioners, educators, advocates, and nonprofit leaders, came four possible scenarios for Hawai'i's future that will be shared with broader audiences throughout the islands to spark conversation, collaboration, and action.

Program 2
Expenses: $790,579 Revenue: $518,300

Hawaii Executive Conference HAWAII EXECUTIVE CONFERENCE EXPLORES INNOVATIVE IDEAS AND SOLUTIONS TO STRENGTHEN HAWAII'S FUTURE BY BRINGING TOGETHER THOUGHT LEADERS AND DECISION MAKERS FROM THE ISLANDS...

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Hawaii Executive Conference HAWAII EXECUTIVE CONFERENCE EXPLORES INNOVATIVE IDEAS AND SOLUTIONS TO STRENGTHEN HAWAII'S FUTURE BY BRINGING TOGETHER THOUGHT LEADERS AND DECISION MAKERS FROM THE ISLANDS AND BEYOND. THE CONFERENCE AND POST-CONFERENCE COLLABORATION THAT FOLLOWS ADDRESSES A RANGE OF TOPICS THAT HAVE REVELANCE IN HAWAII, INCLUDING COMMUNITY AND ECONOMY, HEALTH AND WELFARE, ARTS AND CULTURE, NATURAL ENVIRONMENT AND ENERGY, GOVERNMENT AND POLICY, LEADERSHIP AND EDUCATION.

Program 3
Expenses: $143,619 Revenue: $0

True Initiative TRUE's mission is to accelerate the adoption of technology in Hawai'i, enabling the state's economy to become more diversified and sustainable, and empowering its workforce to earn...

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True Initiative TRUE's mission is to accelerate the adoption of technology in Hawai'i, enabling the state's economy to become more diversified and sustainable, and empowering its workforce to earn higher incomes to build assets and achieve a better quality of life. In 2022, the TRUE initiative launched the TRUE Esports + Tech Lab at Waipahu Public Library, a unique public and private sector collaboration between TRUE, the Hawai'i State Library System, and the State of Hawai'i. Hardware and technical assistance were contributed by Pacxa and Central Pacific Bank Foundation. The Lab supports Hawai'i's first community-based, competitive high school esports team with a dedicated coach. As a resource for the community, the Lab is a place where participants can earn a certification in foundational software game development, or simply begin to engage with technology. Content is available free of charge for library members. TRUE plans to launch additional esports facilities at public libraries across the state, exposing and equipping Hawai'i residents with knowledge of the technologies of tomorrow, including artificial intelligence, the metaverse, and virtual reality.

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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 $2,435,143
Program Service Revenue $530,950
Investment Income $264
Other Revenue $0
TOTAL REVENUE $2,966,357

Expense Breakdown

Grants Paid $206,204
Salaries & Benefits $301,662
Fundraising Expenses $0
Program Expenses $2,302,216
Other Expenses $2,209,660
TOTAL EXPENSES $2,717,526

Year-over-Year Comparison

2023 2022 Change
Revenue $2,966,357 $3,397,378 -0.1%
Expenses $2,717,526 $3,812,503 -0.3%
Net Income $248,831 $-415,125 -1.6%
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
4
Independent Members
4
Employees
2
Volunteers
4

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
$154,313
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNELLE MARBLE EXECUTIVE DIRECTOR 45.0
Officer
$154,313 $0 $154,313
DUANE KURISU PRESIDENT/SECRETARY 3.0
Officer Director
$0 $0 $0
MICAH KANE VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
RAY VARA DIRECTOR 1.0
Director
$0 $0 $0
ANN TERANISHI DIRECTOR 1.0
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 $2,966,357 $2,717,526 $1,023,450 $248,831
2022 $3,397,378 $3,812,503 $761,649 $-415,125
2021 $2,813,011 $2,220,727 $1,190,550 $592,284
2020 $1,215,002 $749,256 $560,310 $465,746
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