HALE MAHAOLU EKOLU INC (EIN 990266121) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

VALERIE M K MATSUNAGA

Phone

8088724100

Tax Period

2024-01-01 to 2024-12-31

HALE MAHAOLU EKOLU INC, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $851K in total revenue in fiscal year 2024. Expenses of $740K left a modest 13% surplus.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY. IT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY HUD.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $843,434

Investment Income $1,272

Other Revenue $5,963

TOTAL REVENUE $850,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,919

Fundraising Expenses $0

Program Expenses $706,129

Other Expenses $591,386

TOTAL EXPENSES $740,305

Year-over-Year Comparison

	2024	2023	Change
Revenue	$850,669	$829,180	+0.0%
Expenses	$740,305	$659,082	+0.1%
Net Income	$110,364	$170,098	-0.4%

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

Governance

Voting Members

Independent Members

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

$82,435

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD HIYAKUMOTO	DIRECTOR	0.08	Director	$0	$0	$0
JOYCE TAMORI	DIRECTOR	0.08	Director	$0	$0	$0
VALERIE MATSUNAGA	TREASURER	0.08	Officer Director	$0	$0	$0
TERVOR TOKISHI	PRESIDENT	0.08	Officer Director	$0	$0	$0
GARY WATANABE	DIRECTOR	0.08	Director	$0	$0	$0
JERRYBETH DEMELLO	DIRECTOR	0.08	Director	$0	$0	$0
AIMEE YATSUSHIRO	DIRECTOR	0.08	Director	$0	$0	$0
MANUEL SUGUITAN	DIRECTOR	0.08	Director	$0	$0	$0
DON FUJIMOTO	SECRETARY	0.08	Officer Director	$0	$0	$0
WILLIAM KINAKA	DIRECTOR	0.08	Director	$0	$0	$0
ERIC CHANG	VICE PRESIDENT	0.08	Officer Director	$0	$0	$0
ANDERS LYONS	EXECUTIVE DIRECTOR	3.33	Officer	$0	$7,945	$82,435
KEHAULANI FEGAI	HOUSING DIRECTOR	3.33	Highest	$0	$0	$118,551
GRANT CHUN	FRM EXECUTIVE DIRECTOR	3.33	Highest	$0	$51,808	$284,297
CANDIS WILKINSON	CONTROLLER	3.33	Highest	$0	$0	$150,705
PAIGE MAMUAD	HR DIRECTOR	3.33	Highest	$0	$0	$134,428

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	$850,669	$740,305	$3,639,864	$110,364
2023	$829,180	$659,082	$3,613,116	$170,098
2022	$818,431	$699,432	$3,561,333	$118,999
2021	$800,896	$668,838	$3,526,443	$132,058
2020	$814,415	$695,386	$3,476,722	$119,029
2019	$771,128	$696,235	$3,449,343	$74,893
2018	$770,379	$697,385	$3,461,268	$72,994

HALE MAHAOLU EKOLU INC