ST FRANCIS HEALTHCARE SYSTEM OF HAWAII

EIN: 990240059 501(c)(3)

HONOLULU, HI

Total Revenue
$32,768,149
Total Expenses
$15,838,691
Total Assets
$124,406,673
Net Assets
$-14,632,583
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
HI
Principal Officer
KATHLEEN MORIMOTO
Phone
8085478066
Tax Period
2024-07-01 to 2025-06-30

ST FRANCIS HEALTHCARE SYSTEM OF HAWAII, founded in 1987, is a mid-sized nonprofit that reported $32.8M in total revenue in fiscal year 2024. Revenue surged 196% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.9M, a strong 52% operating margin.

Mission

ST. FRANCIS HEALTHCARE SYSTEM OF HAWAII IS A DYNAMIC, GROWING ORGANIZATION WHOSE MISSION IS UPLIFTING HAWAI'I FAMILIES THROUGH EXCELLENT, 'OHANA-CENTERED HOSPICE AND SUPPORTIVE SERVICE. ALL OF ITS ACTIVITIES FOCUS ON MEETING THE CURRENT AND ANTICIPATED HEALTH AND SOCIAL NEEDS OF THE COMMUNITY, PARTICULARLY HAWAII'S GROWING OLDER ADULT POPULATION AND THEIR CAREGIVERS. THE ORGANIZATION'S ROOTS DATE BACK TO THE EARLY 1880S WHEN SAINT MARIANNE COPE AND THE SISTERS OF ST. FRANCIS VOYAGED TO HAWAII TO CARE FOR THOSE AFFLICTED WITH HANSEN'S DISEASE. TODAY, ST. FRANCIS HEALTHCARE SYSTEM CONTINUES THE SISTERS' LEGACY OF CARING BY IDENTIFYING NEEDS IN THE COMMUNITY AND MEETING THE NEEDS OF THE WHOLE PERSON - BODY, SOUL AND SPIRIT -- IN INNOVATIVE WAYS. COLLABORATION AND PARTNERSHIPS ARE KEY TO ST. FRANCIS HEALTHCARE SYSTEM'S CONTINUED GROWTH. STRATEGIC PARTNERSHIPS AND ALLIANCES ALLOW THE ORGANIZATION TO FURTHER ITS BRAND AND FULFILL ITS MISSION IN HAWAII, WHILE REMAINING FINANCIALLY SUSTAINABLE INTO THE FUTURE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $12,929
Program Service Revenue $11,633,302
Investment Income $439,287
Other Revenue $20,682,631
TOTAL REVENUE $32,768,149

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,901,338
Fundraising Expenses $0
Program Expenses $13,900,326
Other Expenses $9,937,353
TOTAL EXPENSES $15,838,691

Year-over-Year Comparison

2024 2023 Change
Revenue $32,768,149 $11,081,522 +2.0%
Expenses $15,838,691 $15,806,956 +0.0%
Net Income $16,929,458 $-4,725,434 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
78
Volunteers
41

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
7
$716,715
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IVAN LUI KWAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
THOMAS DENNISON DIRECTOR 1.00
Officer Director
$0 $0 $0
LYNN BABINGTON DIRECTOR 1.00
Officer Director
$0 $0 $0
GLENN MEDEIROS DIRECTOR 1.00
Director
$0 $0 $0
JASON CHANG DIRECTOR 1.00
Director
$0 $0 $0
ART GLADSTONE DIRECTOR 1.00
Director
$0 $0 $0
BISHOP CLARENCE LARRY SILVA DIRECTOR 1.00
Director
$0 $0 $0
KAREN MUKAI DIRECTOR 1.00
Director
$0 $0 $0
RALPH MESICK DIRECTOR 1.00
Director
$0 $0 $0
RANDALL YEE DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN MORIMOTO PRESIDENT/CEO 2.00
Officer
$301,290 $19,311 $320,601
LAURI RASMUSSEN VP PRESIDENT 2.00
Officer
$155,137 $17,689 $172,826
SUSAN HARAMOTO ASSISTANT SECRETARY 2.00
Officer
$0 $0 $0
CRAIG SHANER CFO 40.00
Officer
$199,045 $24,243 $223,288
DOMINIC MALDONADO MAINTENANCE FOREMAN 40.00
Highest
$102,251 $7,155 $109,406
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 $32,768,149 $15,838,691 $124,406,673 $16,929,458
2024 $11,081,522 $15,806,956 $123,196,662 $-4,725,434
2023 $10,834,763 $15,081,537 $120,967,657 $-4,246,774
2022 $11,069,147 $13,929,257 $119,638,616 $-2,860,110
2021 $9,807,934 $14,977,895 $121,878,275 $-5,169,961
2020 $11,575,869 $14,202,686 $120,886,007 $-2,626,817
2019 $22,160,272 $13,080,820 $118,235,181 $9,079,452
2018 $11,082,004 $13,690,251 $105,463,907 $-2,608,247
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