HAWAII AGRICULTURE RESEARCH CENTER (EIN 990040700) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

STEPHANIE WHALEN

Phone

8086211350

Tax Period

2022-07-01 to 2023-06-30

HAWAII AGRICULTURE RESEARCH CENTER, founded in 1978, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.2M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO SUPPORT A VIABLE AGRICULTURAL SECTOR BY RESEARCHING AND APPLYING RELEVANT SCIENCE AND TECHNOLOGY TO ACHIEVE PRACTICAL SOLUTIONS AND BY IDENTIFYING NEW AGRICULTURAL OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,416,692

Program Service Revenue $617,365

Investment Income $16

Other Revenue $133,810

TOTAL REVENUE $3,167,883

Expense Breakdown

Grants Paid $397

Salaries & Benefits $2,082,536

Fundraising Expenses $21,079

Program Expenses $2,153,369

Other Expenses $1,291,898

TOTAL EXPENSES $3,374,831

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,167,883	$2,902,596	+0.1%
Expenses	$3,374,831	$2,679,560	+0.3%
Net Income	$-206,948	$223,036	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$366,796

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANA KN SATO	PRESIDENT	1.00	Officer Director	$0	$0	$0
YVONNE IZU	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK FOX	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTOPHER BENJAMIN	DIRECTOR	1.00	Director	$0	$0	$0
MEL JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY JEFTS	DIRECTOR	1.00	Director	$0	$0	$0
DAN NELLIS	DIRECTOR	1.00	Director	$0	$0	$0
RICK VOLNER JR	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE A WHALEN	EXECUTIVE DIRECTOR	16.00	Officer	$53,400	$0	$53,400
DR BLAKE VANCE	ASSISTANT DIRECTOR, FACILITIES	40.00	Officer	$94,938	$21,687	$116,625
ALICE TUPOU	ASSISTANT DIRECTOR, CONTROLLER	40.00	Officer	$80,887	$17,602	$98,489
TYLER JONES	ASSISTANT DIRECTOR, RESEARCH	40.00	Officer	$91,090	$7,192	$98,282

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,167,883	$3,374,831	$9,258,581	$-206,948
2022	$2,902,596	$2,679,560	$8,629,569	$223,036
2021	$3,194,032	$2,752,124	$8,857,596	$441,908
2020	$2,225,701	$2,647,523	$8,805,795	$-421,822
2019	$3,476,032	$2,583,258	$8,754,486	$892,774
2018	$2,732,106	$2,308,450	$9,009,938	$423,656

HAWAII AGRICULTURE RESEARCH CENTER