HAWAII MEALS ON WHEELS INC

EIN: 990198132 501(c)(3) Food, Agriculture & Nutrition

HONOLULU, HI

Total Revenue
$2,797,890
Total Expenses
$3,200,702
Total Assets
$5,084,788
Net Assets
$4,830,594
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
HI
Principal Officer
MICHELLE CORDERO-LEE
Phone
8089886747
Tax Period
2023-01-01 to 2023-12-31

HAWAII MEALS ON WHEELS INC, founded in 1979, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $3.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

HAWAII MEALS ON WHEELS (HMOW) IS DEDICATED TO HELPING OAHU'S ELDERS AND INDIVIDUALS WITH DISABILITIES PRESERVE THEIR INDEPENDENCE AT HOME. WE DO THIS PRIMARILY BY PROVIDING NUTRITIOUS MEALS AND REGULAR PERSONAL INTERACTION WITH THOSE WE SERVE.

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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 $2,096,337
Program Service Revenue $586,847
Investment Income $85,962
Other Revenue $28,744
TOTAL REVENUE $2,797,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,297,399
Fundraising Expenses $248,518
Program Expenses $2,366,956
Other Expenses $1,903,303
TOTAL EXPENSES $3,200,702

Year-over-Year Comparison

2023 2022 Change
Revenue $2,797,890 $2,288,903 +0.2%
Expenses $3,200,702 $2,838,948 +0.1%
Net Income $-402,812 $-550,045 -0.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
32
Volunteers
380

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
6
$191,520
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE TOTTORI BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
RICK TABOR BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RICKEY MURASHIGE BOARD TREASURER 1.00
Officer Director
$0 $0 $0
EDWINA SUZUKI BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT TAKESHITA DIRECTOR 1.00
Director
$0 $0 $0
ROSS ESAKI DIRECTOR 1.00
Director
$0 $0 $0
CLARISSA SAXTON DIRECTOR 1.00
Director
$0 $0 $0
GEOFFREY PANG DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL SUEN DIRECTOR 1.00
Director
$0 $0 $0
BRENDA WONG DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE CORDERO-LEE CHIEF EXECUTIVE OFFICER 40.00
Officer
$94,133 $29,199 $123,332
ANDREA MERRIAM CHIEF FINANCIAL OFFICER 40.00
Officer
$57,125 $11,063 $68,188
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 $2,797,890 $3,200,702 $5,084,788 $-402,812
2022 $2,288,903 $2,838,948 $5,320,941 $-550,045
2021 $2,738,809 $2,675,891 $6,225,259 $62,918
2020 $5,252,113 $3,864,906 $6,116,374 $1,387,207
2019 $1,887,888 $1,816,526 $4,292,073 $71,362
2018 $2,224,188 $1,669,832 $4,115,906 $554,356
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