WAIKOLOA RESORT ASSOCIATION

EIN: 990209390

WAIKOLOA, HI

Total Revenue
$3,831,802
Total Expenses
$3,536,900
Total Assets
$2,587,853
Net Assets
$2,227,652
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
HI
Principal Officer
TOM WHITE
Phone
8088861000
Tax Period
2025-01-01 to 2025-12-31

WAIKOLOA RESORT ASSOCIATION, founded in 1980, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2025. Expenses of $3.5M left a modest 8% surplus.

Mission

THE EXEMPT PURPOSE FOR WHICH THIS ASSOCIATION WAS ORGANIZED AND ITS PRIMARY ACTIVITIES, ARE TO PROVIDE FOR THE MANAGEMENT, MAINTENANCE, PROTECTION, PRESERVATIONS, ARCHITECTUAL CONTROL AND DEVELOPMENT OF CERTAIN PROPERTY LOCATED IN SOUTH KOHALA, ISLAND, COUNTY AND STATE OF HAWAII, PAVED, LANDSCAPED ROADS, PUBLIC BEACH FACILITIES (ACCESS ROAD, PARKING LOT, RESTROOMS) AND PROTECTED SITES OF NATIVE HAWAIIAN ARCHAELOGICAL SIGNIFICANCE. TOTAL EXPENSES FOR THE YEAR HAVE NOT BEEN DESIGNATED AS INCURRED FOR SPECIFIC PROGRAM SERVICES WITHIN THE OVERALL PROGRAM ACTIVITIES WHICH ARE SO CLOSELY RELATED AS TO BE INSEPARABLE. ALL MEMBERSHIP REVENUES ARE RECEIVED AND ALL EXPENSES ARE INCURRED IN THE CONDUCT OF THE EXEMPT ACTIVITIES OF THE ASSOCIATION AS DESCRIBED ABOVE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,830,999
Investment Income $803
Other Revenue $0
TOTAL REVENUE $3,831,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $915,772
Fundraising Expenses $0
Program Expenses $3,343,484
Other Expenses $2,621,128
TOTAL EXPENSES $3,536,900

Year-over-Year Comparison

2025 2024 Change
Revenue $3,831,802 $3,699,667 +0.0%
Expenses $3,536,900 $3,416,417 +0.0%
Net Income $294,902 $283,250 +0.0%
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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT HEAD PRESIDENT/DIRECTOR 0.00
Officer Director
$0 $0 $0
MARK GOLDRUP DIRECTOR 0.00
Director
$0 $0 $0
ROBERT OTAKE TREASURER/DIRECTOR 0.00
Officer Director
$0 $0 $0
SHARON KENSINGER DIRECTOR 0.00
Director
$0 $0 $0
ELEANOR MIRIKITANI DIRECTOR 0.00
Director
$0 $0 $0
DAVID GIVEN DIRECTOR 0.00
Director
$0 $0 $0
JOHN PLUNKETT JR VICE PRESIDENT 0.00
Officer
$0 $0 $0
PARIS REYNOLDS SECRETARY 0.00
Officer
$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 $3,831,802 $3,536,900 $2,587,853 $294,902
2024 $3,699,667 $3,416,417 $2,277,264 $283,250
2023 $3,553,082 $3,431,968 $2,026,145 $121,114
2022 $3,321,689 $3,526,892 $1,873,952 $-205,203
2021 $3,191,461 $3,026,796 $2,101,743 $164,665
2020 $3,196,853 $2,937,095 $2,007,279 $259,758
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