PUNAHOU SCHOOL

EIN: 990073523 501(c)(3) Education

HONOLULU, HI

Total Revenue
$146,373,981
Total Expenses
$139,414,869
Total Assets
$644,434,222
Net Assets
$569,854,701
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Financial Trends

Organization Details

Formation Year
1853
Legal Domicile
HI
Principal Officer
SUNNY DONENFELD
Phone
8089445711
Tax Period
2022-07-01 to 2023-06-30

PUNAHOU SCHOOL, founded in 1853, is a major nonprofit in the Education sector that reported $146.4M in total revenue in fiscal year 2022. Expenses of $139.4M left a modest 5% surplus.

Mission

IN 2023, PUNAHOU REVEALED ITS RENEWED MISSION AND VALUES STATEMENTS. IT READS AS FOLLOWS: WE ARE CHILDREN OF KA PUNAHOU, THE NEW SPRING. FROM UNDER THE HALA TREE, WE WEAVE A MAT THAT SEATS MANY, OUR HOME TO DREAM AND DISCOVER OUR PURPOSE AND KULEANA TO HAWAI'I AND THE WORLD. OUR VALUES - CHILDREN OF THE NEW SPRING -- WE DEVELOP SPIRITUAL AND ETHICAL VALUES THAT AFFIRM THE WORTH AND DIGNITY OF EVERYONE, INSPIRED BY OUR HAWAIIAN AND CHRISTIAN HERITAGE. - DREAM AND DISCOVER -- WE INSPIRE A LOVE FOR LEARNING, INNOVATION, AND EXPLORATION FROM KINDERGARTEN THROUGH LIFE, EMPOWERING ALL TO DISCOVER THEIR GIFTS AND PASSIONS. - PURPOSE AND KULEANA -- WE COMMIT TO PERSONAL RESPONSIBILITY AND KULEANA AS CENTRAL TENETS OF OUR LARGER PUBLIC PURPOSE TO CREATE A JUST, COMPASSIONATE, AND SUSTAINABLE WORLD. - A MAT THAT SEATS MANY -- WE WELCOME ALL TO REALIZE THE FULL EXPRESSION OF THEMSELVES, KNOWING THAT OUR DIFFERENCES ARE OUR SOURCE OF STRENGTH. - HAWAI'I AND THE WORLD -- WE HONOR OUR MANY COMMUNITIES AND UNIQUE KUANA'IKE WHILE EMBRACING THE ENTIRE WORLD AS OUR HOME.

Program Service Accomplishments

Program 1
Expenses: $93,729,560 Revenue: $113,326,369

PUNAHOU SCHOOL IS A COEDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES. PUNAHOU OFFERS EDUCATIONAL EXCELLENCE WITH MORE THAN 99 PERCENT OF...

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PUNAHOU SCHOOL IS A COEDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES. PUNAHOU OFFERS EDUCATIONAL EXCELLENCE WITH MORE THAN 99 PERCENT OF GRADUATES ATTENDING COLLEGE. PUNAHOU IS DIVIDED INTO THE JUNIOR SCHOOL (KINDERGARTEN THROUGH GRADE 8) AND THE ACADEMY (GRADES 9-12). A PRINCIPAL, TWO ASSISTANT PRINCIPALS, AND FIVE DEANS OVERSEE APPROXIMATELY 2,000 JUNIOR SCHOOL STUDENTS. THE JUNIOR SCHOOL IS DIVIDED INTO SMALLER, SELF-CONTAINED SECTIONS FOR GRADES K-1, 2-5, AND 6-8 WHICH ARE DESIGNED TO MEET THE SPECIAL NEEDS OF THESE GROUPS OF CHILDREN. IN FALL 2019, THE KOSASA COMMUNITY FOR GRADES 2-5 WAS UNVEILED OFFERING STATE-OF-THE-ART CLASSROOMS AND EXPANSIVE OUTDOOR LEARNING SPACES TO PROMOTE INTERACTIVE LEARNING. THESE FACILITIES COMPLEMENT THE OMIDYAR NEIGHBORHOOD WHICH WAS BUILT IN 2010 TO SERVE THE 300 STUDENTS IN GRADES K AND 1. THE CASE MIDDLE SCHOOL WAS COMPLETED IN 2005 FOR GRADES 6-8. THIS EXPANDED AREA OF CAMPUS WAS DESIGNED FOR FACILITIES TO BE MORE OPEN TO THE ENVIRONMENT AND CLASSROOM AND GATHERING SPACES TO ENCOURAGE COLLABORATION AND INTEGRATED LEARNING. SUPPLEMENTAL EDUCATION, SUCH AS OUTDOOR AND CAMP EXPERIENCES, ARE ALSO OFFERED IN THE JUNIOR SCHOOL. IN THE ACADEMY, STUDENTS GRADES 9-12 CAN PERSONALIZE THEIR MIX OF CLASSES FROM AN EXTENSIVE CATALOG OF COURSES WITHIN A MODULAR SCHEDULE. COLLEGE PREPARATORY GRADUATION REQUIREMENTS INCLUDE CREDITS IN ENGLISH, SCIENCE, SOCIAL STUDIES, MATHEMATICS, LANGUAGE, PHYSICAL EDUCATION, VISUAL AND PERFORMING ARTS, AND COMMUNITY SERVICE. THE PUNAHOU EDUCATION IS ENHANCED BY ACCESS TO LEARNING SPACES AND RESOURCES OFFERED THROUGH THE K-12 LEARNING COMMONS WHICH PROVIDES BOOKS, TECHNOLOGY, TOOLS, AND HUMAN RESOURCES THAT ASSIST STUDENTS WITH THEIR LEARNING AND PRESENTATIONS. STUDENTS ARE ALSO ENCOURAGED TO EXPLORE OTHER INTERESTS AND BUILD SKILLS BEYOND THOSE DEVELOPED IN THE CLASSROOM THROUGH PARTICIPATION IN PUNAHOU'S ACADEMIC CENTERS AND VARIOUS INITIATIVES, INCLUDING THE CASE ACCELERATOR FOR STUDENT ENTREPRENEURSHIP (CASE), DESIGN TECHNOLOGY AND ENGINEERING, KUAIHELANI CENTER FOR 'IKE HAWAII, LUKE CENTER FOR PUBLIC SERVICE, OUTDOOR EDUCATION, SUSTAINABILITY, PARTNERSHIPS IN UNLIMITED EDUCATIONAL OPPORTUNITIES (PUEO) PROGRAM, AND THE WO INTERNATIONAL CENTER. THESE ACADEMIC CENTERS AND INITIATIVES OFFER MENTORSHIP, HANDS ON EXPERIENCES, AND LEARNING OPPORTUNITIES IN AREAS SUCH AS ENTREPRENEURSHIP, ROBOTICS AND ENGINEERING, ENGAGED CITIZENSHIP AND HAWAIIAN STUDIES, CIVIC AND GLOBAL EDUCATION. STUDENTS THAT DEMONSTRATE COMPETENCY IN THE AREA OF FOCUS FOR THESE EDUCATIONAL CENTERS MAY RECEIVE AN OFFICIAL DISTINCTION FROM THE CENTER RECOGNIZING THEIR WORK AND DEDICATION UPON GRADUATION.

Program 2
Expenses: $3,825,465 Revenue: $3,829,249

SUMMER SCHOOL OFFERS A WIDE VARIETY OF ACADEMIC, ENRICHMENT, AND TRANSITIONAL PROGRAMS. AT THE JUNIOR SCHOOL LEVEL (GRADES K-8), MOST SUMMER COURSES ARE OPEN TO ALL STUDENTS, INCLUDING THOSE FROM OUR...

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SUMMER SCHOOL OFFERS A WIDE VARIETY OF ACADEMIC, ENRICHMENT, AND TRANSITIONAL PROGRAMS. AT THE JUNIOR SCHOOL LEVEL (GRADES K-8), MOST SUMMER COURSES ARE OPEN TO ALL STUDENTS, INCLUDING THOSE FROM OUR LOCAL COMMUNITY, THE U.S. MAINLAND, AND ABROAD. ACADEMY SUMMER COURSES ARE TYPICALLY CREDIT-BEARING AND ARE ONLY OPEN TO CURRENT OR INCOMING PUNAHOU STUDENTS. THE ACADEMY COURSES OFFERED COVER A VARIETY OF ACADEMIC SUBJECTS, AS WELL AS SPORTS AND THE ARTS.

Program 3
Expenses: $13,578,891 Revenue: $4,529,023

CO-CURRICULAR AND OTHER PROGRAMS PROVIDE OPPORTUNITIES FOR GROWTH AND DEVELOPMENT BEYOND THE CLASSROOM AND REGULAR SCHOOL DAY. CO-CURRICULAR PROGRAMS INCLUDE MUSIC, DANCE, THEATRE, TENNIS, AND...

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CO-CURRICULAR AND OTHER PROGRAMS PROVIDE OPPORTUNITIES FOR GROWTH AND DEVELOPMENT BEYOND THE CLASSROOM AND REGULAR SCHOOL DAY. CO-CURRICULAR PROGRAMS INCLUDE MUSIC, DANCE, THEATRE, TENNIS, AND PUNAHOU AQUATICS. STUDENT ACTIVITIES RANGE FROM SPECIAL INTEREST CLUBS, HOLOKU PAGEANT, SPEECH AND DEBATE, TO ROBOTICS. THESE CO-CURRICULAR AND OTHER PROGRAMS ALLOW STUDENTS TO DEEPLY ENGAGE IN LEARNING THROUGH COURSES RANGING FROM RECREATION AND EXPLORATION TO ACTIVE INQUIRY, REFLECTION, AND THE PROGRESSIVE DEVELOPMENT OF ADVANCED SKILLS AND TECHNIQUES. THE ATHLETICS PROGRAM PROVIDES STUDENTS WITH THE OPPORTUNITY TO BUILD AND DEVELOP VALUES, QUALITIES, AND SKILLS THAT ARE AN ESSENTIAL PART OF THE PUNAHOU EXPERIENCE. OVER 1,700 STUDENTS IN GRADES 7 -12 PARTICIPATE IN ONE OF THE 21 SPORTS PROGRAMS OFFERED THROUGH APPROXIMATELY 140 TEAMS. PUNAHOU IS A MEMBER OF THE HAWAII HIGH SCHOOL ATHLETIC ASSOCIATION (HHSAA) AND THE INTER-SCHOLASTIC LEAGUE OF HONOLULU (ILH). FOR MANY STUDENTS, PUNAHOU BECOMES MORE THAN JUST A SCHOOL; IT SERVES AS A COMMUNITY, A PLACE WHICH PROVIDES A LARGE PART OF THEIR TOTAL ENVIRONMENT.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $18,093,921
Program Service Revenue $121,684,641
Investment Income $4,745,682
Other Revenue $1,849,737
TOTAL REVENUE $146,373,981

Expense Breakdown

Grants Paid $9,905,992
Salaries & Benefits $92,176,200
Fundraising Expenses $6,216,627
Program Expenses $111,133,916
Other Expenses $37,315,014
TOTAL EXPENSES $139,414,869

Year-over-Year Comparison

2022 2021 Change
Revenue $146,373,981 $143,107,481 +0.0%
Expenses $139,414,869 $126,208,239 +0.1%
Net Income $6,959,112 $16,899,242 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
1894
Volunteers
3480

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
9
$1,764,504
Total Directors
16
$0
Key Employees
3
$739,946
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL E LATHAM PRESIDENT 40.00
Officer
$537,990 $173,587 $711,577
SUNNY DONENFELD VP - FIN. & OPS AND TREASURER 40.00
Officer
$469,893 $40,595 $510,488
NOELEHUA LL ARCHAMBAULT VP - INST. ADVANCEMENT 40.00
Officer
$248,604 $89,003 $337,607
JAMES LACLAIR CHIEF INFORMATION OFFICER 40.00
Highest
$295,477 $21,271 $316,748
TODD CHOW-HOY PRINCIPAL - JR SCHOOL 40.00
Key Emp
$199,467 $110,345 $309,812
ROBERT GELBER DIRECTOR OF COMMUNICATIONS 40.00
Highest
$185,202 $71,536 $256,738
RAQUEL KELLY HICKS CHIEF HR OFFICER 40.00
Highest
$218,615 $34,330 $252,945
GUSTAVO CARRERA PRINCIPAL -ACADEMY (FROM 7/22) 40.00
Key Emp
$222,071 $17,271 $239,342
VIRGINIA LOO DIR - ANALYTICS & PLANNING 40.00
Highest
$181,898 $55,502 $237,400
MAILE UOHARA DIR - ENROLLMENT MGMT & ADMISSION 40.00
Highest
$218,300 $14,851 $233,151
DENISE SA HOKE ASST. TREASURER & CONTROLLER 40.00
Officer
$185,580 $19,252 $204,832
EMILY MCCARREN PRINCIPAL - ACAD. (UNTIL 6.22) 40.00
Key Emp
$151,816 $38,976 $190,792
W DAVID CAREY III SECOND VICE CHAIR, FINANCE 1.00
Officer Director
$0 $0 $0
MARGARET COLE ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
WENDY CRABB FIRST VICE CHAIR 1.00
Officer Director
$0 $0 $0
CONSTANCE LAU CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
KATHLEEN SULLIVAN WO SECRETARY 1.00
Officer Director
$0 $0 $0
ETHAN ABBOTT TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH BERGER TRUSTEE 1.00
Director
$0 $0 $0
GREGORY DICKHENS TRUSTEE 1.00
Director
$0 $0 $0
MARK FUKUNAGA TRUSTEE 1.00
Director
$0 $0 $0
PETER HO TRUSTEE 1.00
Director
$0 $0 $0
DUANE KURISU TRUSTEE 1.00
Director
$0 $0 $0
DOUGLAS KWOCK TRUSTEE 1.00
Director
$0 $0 $0
JOHN MORGAN TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM PRICE III TRUSTEE 1.00
Director
$0 $0 $0
EMILY REBER PORTER TRUSTEE 1.00
Director
$0 $0 $0
ANN TERANISHI TRUSTEE 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $146,373,981 $139,414,869 $644,434,222 $6,959,112
2022 $143,107,481 $126,208,239 $624,153,689 $16,899,242
2021 $122,251,506 $167,104,735 $664,536,262 $-44,853,229
2020 $122,666,099 $127,139,542 $545,732,654 $-4,473,443
2019 $128,568,177 $121,895,905 $506,477,883 $6,672,272
2018 $121,573,272 $117,204,068 $473,773,839 $4,369,204
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