WAIPA FOUNDATION

EIN: 990313224 501(c)(3)

HANALEI, HI

Total Revenue
$1,881,162
Total Expenses
$1,956,198
Total Assets
$3,490,985
Net Assets
$3,110,374
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
HI
Principal Officer
STACY M SPROAT
Phone
8086391815
Tax Period
2023-01-01 to 2023-12-31

WAIPA FOUNDATION, founded in 1994, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

WAIPA FOUNDATIONS MISSION IS TO RESTORE WAIPA'S VIBRANT NATURAL SYSTEMS AND RESOURCES, AND INSPIRE HEALTHY, THRIVING COMMUNITIES CONNECTED TO THEIR RESOURCES.

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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 $1,259,776
Program Service Revenue $218,728
Investment Income $24,782
Other Revenue $377,876
TOTAL REVENUE $1,881,162

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $1,131,515
Fundraising Expenses $93,398
Program Expenses $1,692,171
Other Expenses $822,683
TOTAL EXPENSES $1,956,198

Year-over-Year Comparison

2023 2022 Change
Revenue $1,881,162 $1,551,349 +0.2%
Expenses $1,956,198 $1,205,715 +0.6%
Net Income $-75,036 $345,634 -1.2%
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
9
Independent Members
8
Employees
50
Volunteers
100

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
$179,572
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS CHUN PRESIDENT, DIRECTOR 0.40
Officer Director
$0 $0 $0
PRESLEY WANN VICE PRESIDENT, DIRECTOR 0.20
Officer Director
$0 $0 $0
LIHAU HANNAHS-PAIK SECRETARY, DIRECTOR 0.20
Officer Director
$0 $0 $0
MICHELLE SWARTMAN TREASURER, DIRECTOR 0.20
Officer Director
$0 $0 $0
DONNA AANA-NAKAHARA DIRECTOR 0.20
Director
$0 $0 $0
GAYLA SPENCER DIRECTOR 0.20
Director
$0 $0 $0
LILLIAN WATARI DIRECTOR 0.20
Director
$0 $0 $0
TODD KUWAYE DIRECTOR 0.20
Director
$0 $0 $0
LEA KAIAOKAMALIE DIRECTOR 0.20
Director
$0 $0 $0
STACY M SPROAT EXECUTIVE DIRECTOR 40.00
Officer
$95,000 $13,444 $108,444
LEA WELDON ADMINISTRATIVE MANAGER / YOUTH PROGRAMS DIRECTOR 35.00
Officer
$60,448 $10,680 $71,128
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 $1,881,162 $1,956,198 $3,490,985 $-75,036
2022 $1,551,349 $1,205,715 $3,240,137 $345,634
2021 $1,515,898 $1,443,307 $2,930,742 $72,591
2020 $1,150,054 $1,263,440 $2,885,690 $-113,386
2019 $1,354,986 $1,267,546 $2,946,592 $87,440
2018 $1,583,246 $1,426,508 $2,712,875 $156,738
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