HALE MAHAOLU ELIMA INC (EIN 990312168) - 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

1993

Legal Domicile

Principal Officer

VALERIE M K MATSUNAGA

Phone

8088724100

Tax Period

2023-01-01 to 2023-12-31

HALE MAHAOLU ELIMA INC, founded in 1993, is a small nonprofit that reported $663K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $803K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO DEVELOP AND MAINTAIN ELDERLY HOUSING PROJECTS AND OTHER RELATED PROGRAMS TO BENEFIT THE ELDERLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $610,890

Investment Income $46,379

Other Revenue $5,265

TOTAL REVENUE $662,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,593

Fundraising Expenses $0

Program Expenses $768,069

Other Expenses $517,036

TOTAL EXPENSES $802,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$662,534	$608,652	+0.1%
Expenses	$802,629	$759,472	+0.1%
Net Income	$-140,095	$-150,820	-0.1%

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

$330,664

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
TERI HAMASAKI	2ND VICE PRESIDENT	0.08	Officer Director	$0	$0	$0
VALERIE MATSUNAGA	TREASURER	0.08	Officer Director	$0	$0	$0
JOYCE TAMORI	DIRECTOR	0.08	Director	$0	$0	$0
TERVOR TOKISHI	1ST VICE PRESIDENT	0.08	Officer Director	$0	$0	$0
GARY WATANABE	DIRECTOR	0.08	Director	$0	$0	$0
TOM WELCH	DIRECTOR	0.08	Director	$0	$0	$0
ANDERS LYONS	PRESIDENT	0.08	Officer 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	DIRECTOR	0.08	Director	$0	$0	$0
GRANT CHUN	EXECUTIVE DIRECTOR	3.33	Officer	$0	$68,471	$330,664
KEHAULANI FEGAI	HOUSING DIRECTOR	3.33	Highest	$0	$0	$103,761
CANDIS WILKINSON	CONTROLLER	3.33	Highest	$0	$0	$119,264
PAIGE MAMUAD	HR DIRECTOR	3.33	Highest	$0	$0	$122,898

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	$662,534	$802,629	$4,405,011	$-140,095
2022	$608,652	$759,472	$4,575,720	$-150,820
2021	$644,263	$764,942	$4,739,829	$-120,679
2020	$684,941	$815,314	$4,874,075	$-130,373
2019	$601,199	$785,526	$5,045,875	$-184,327
2018	$577,396	$726,548	$5,206,095	$-149,152

HALE MAHAOLU ELIMA INC