HALE MAHAOLU AKAHI INC (EIN 990351979) - 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

2006

Legal Domicile

Principal Officer

VALERIE M K MATSUNAGA

Phone

8088724100

Tax Period

2023-01-01 to 2023-12-31

HALE MAHAOLU AKAHI INC, founded in 2006, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $371K, a strong 26% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY. IT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 $1,195,778

Investment Income $535

Other Revenue $224,432

TOTAL REVENUE $1,420,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $546,432

Fundraising Expenses $0

Program Expenses $930,261

Other Expenses $503,407

TOTAL EXPENSES $1,049,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,420,745	$1,109,798	+0.3%
Expenses	$1,049,839	$1,118,691	-0.1%
Net Income	$370,906	$-8,893	-42.7%

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
TERVOR TOKISHI	1ST VICE PRESIDENT	0.08	Officer 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
JERRYBETH DEMELLO	DIRECTOR	0.08	Director	$0	$0	$0
JOYCE TAMORI	DIRECTOR	0.08	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
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
CANDIS WILKINSON	CONTROLLER	3.33	Highest	$0	$0	$119,264
KEHAULANI FEGAI	HOUSING DIRECTOR	3.33	Highest	$0	$0	$103,761
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	$1,420,745	$1,049,839	$2,265,988	$370,906
2022	$1,109,798	$1,118,691	$1,955,583	$-8,893
2021	$1,036,750	$1,075,639	$1,896,805	$-38,889
2020	$1,187,044	$1,074,475	$1,922,264	$112,569
2019	$1,066,477	$1,070,358	$1,885,131	$-3,881
2018	$1,019,001	$986,295	$1,913,061	$32,706

HALE MAHAOLU AKAHI INC