HAWAII SOLAR ENERGY ASSOCIATION INC (EIN 990182479) - 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

1977

Legal Domicile

Principal Officer

CAROLINE CARL

Phone

8082328371

Tax Period

2022-01-01 to 2022-12-31

HAWAII SOLAR ENERGY ASSOCIATION INC, founded in 1977, is a small nonprofit in the Public & Societal Benefit sector that reported $231K in total revenue in fiscal year 2022. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 27% operating margin.

Mission

HAWAII SOLAR ENERGY ASSOCIATION, INC. WORKS TO FOSTER THE USE OF CLEAN, SUSTAINABLE, RENEWABLE TECHNOLOGY IN HAWAII. COMPRISED OF INSTALLERS, MANUFACTURERS, AUDITORS, AND FINANCIERS OF SOLAR WATER HEATERS, PHOTOVOLTAIC SYSTEMS, ENERGY STORAGE SYSTEMS, ENERGY EFFICIENCY EQUIPMENT AND OTHER RENEWABLE TECHNOLOGY, THE MAJORITY OF OUR MEMBER COMPANIES ARE LOCALLY OWNED AND OPERATED MAKING HAWAII SOLAR ENERGY ASSOCIATION, INC. THE LEADING VOICE OF HAWAII'S SOLAR INDUSTRY.

🔒

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 $204,900

Program Service Revenue $25,748

Investment Income $0

Other Revenue $0

TOTAL REVENUE $230,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,080

Fundraising Expenses $0

Other Expenses $66,177

TOTAL EXPENSES $167,257

Year-over-Year Comparison

	2022	2021	Change
Revenue	$230,648	$143,247	+0.6%
Expenses	$167,257	$102,017	+0.6%
Net Income	$63,391	$41,230	+0.5%

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

$90,885

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS DEBONE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN GOLD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ROY SKAGGS	SECRETARY	2.00	Officer Director	$0	$0	$0
CAROLINE CARL	TREASURER	2.00	Officer Director	$0	$0	$0
RUDOLF CHRIST	DIRECTOR	2.00	Director	$0	$0	$0
TED PECK	DIRECTOR	2.00	Director	$0	$0	$0
JORDAN LITTLE	DIRECTOR	2.00	Director	$0	$0	$0
MARIA SABIO	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT MOULD	EXECUTIVE DIRECTOR	40.00	Officer	$90,885	$0	$90,885

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
2022	$230,648	$167,257	$158,044	$63,391

HAWAII SOLAR ENERGY ASSOCIATION INC