COMMUNITY BASED EDUCATION SUPPORT SERVICES-FRIENDS OF CONNECTIONS

EIN: 990354795 501(c)(3) Education

HILO, HI

Total Revenue
$356,599
Total Expenses
$401,069
Total Assets
$3,328,696
Net Assets
$2,271,089
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
HI
Principal Officer
JOHN THATCHER
Phone
8089330356
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY BASED EDUCATION SUPPORT SERVICES-FRIENDS OF CONNECTIONS, founded in 2001, is a small nonprofit in the Education sector that reported $357K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $401K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE FISCAL AND SUPPORT SERVICES AND INFRASTRUCTURE FOR CONNECTIONS PUBLIC CHARTER SCHOOL AND TO OPERATE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, RELIGIOUS AND EDUCATIONAL PURPOSES.

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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 $360,000
Program Service Revenue $0
Investment Income $0
Other Revenue $-3,401
TOTAL REVENUE $356,599

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $376,414
Other Expenses $401,069
TOTAL EXPENSES $401,069

Year-over-Year Comparison

2024 2023 Change
Revenue $356,599 $469,475 -0.2%
Expenses $401,069 $501,431 -0.2%
Net Income $-44,470 $-31,956 +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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
9
$109,109
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN THATCHER CHAIR 0.50
Officer Director
$0 $0 $0
DONNA NICHOLS VICE CHAIR 0.50
Officer Director
$0 $0 $0
CHARLES WAGNER-SMITH TREASURER 0.50
Officer Director
$0 $0 $0
ROWENA MANSANAS DIRECTOR 0.50
Director
$0 $7,596 $55,825
OLINO KOTAKI DIRECTOR 0.50
Director
$0 $6,559 $53,284
JILL SIEGEL-STONE DIRECTOR 0.50
Director
$0 $0 $0
CAROL WALKER DIRECTOR 0.50
Director
$0 $0 $0
COLLEEN WHITTY DIRECTOR 0.50
Director
$0 $0 $0
ROSE BAUTISTA PAST DIRECTO 0.50
Director
$0 $0 $0
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 $356,599 $401,069 $3,328,696 $-44,470
2024 $469,475 $501,431 $3,443,625 $-31,956
2023 $503,175 $512,465 $3,672,676 $-9,290
2022 $542,676 $572,357 $3,757,627 $-29,681
2021 $399,077 $315,425 $3,824,154 $83,652
2020 $388,744 $359,854 $3,816,617 $28,890
2019 $392,603 $382,509 $3,858,009 $10,094
2018 $318,349 $337,163 $3,918,527 $-18,814
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