HAWAII VETERANS MEMORIAL FUND

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

MOSES HAIA

Phone

8086944393

Tax Period

2025-01-01 to 2025-12-31

HAWAII VETERANS MEMORIAL FUND, founded in 1945, is a small nonprofit in the Education sector that reported $510K in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $293K, a strong 57% operating margin.

Mission

THE PURPOSE OF HAWAII VETERANS MEMORIAL FUND IS TO HELP RELIEVE THE STATE OF HAWAII FROM ITS OBLIGATION TO EDUCATE THOSE OF ITS RESIDENTS DESIRING TO OBTAIN A HIGHER EDUCATION BY PROVIDING UNDERGRADUATE SCHOLARSHIPS TO HAWAII RESIDENTS ATTENDING COLLEGE AT A SCHOOL WITHIN THE UNIVERSITY OF HAWAII SYSTEM OR GRADUATE SCHOLARSHIPS TO HAWAII RESIDENTS ATTENDING ANY GRADUATE SCHOOL WITHIN THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $176,597

GRANTS SCHOLARSHIPS TO WORTHY YOUNG MEN AND WOMEN FROM HAWAII IN OBTAINING HIGHER EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $301,707

Program Service Revenue $0

Investment Income $207,894

Other Revenue $0

TOTAL REVENUE $509,601

Expense Breakdown

Grants Paid $143,116

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $176,597

Other Expenses $73,529

TOTAL EXPENSES $216,645

Year-over-Year Comparison

	2025	2024	Change
Revenue	$509,601	$352,130	+0.4%
Expenses	$216,645	$210,500	+0.0%
Net Income	$292,956	$141,630	+1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOSES HAIA	PRESIDENT & TRUSTEE	1.00	Officer Director	$0	$0	$0
LORI IDETA	TRUSTEE	0.00	Director	$0	$0	$0
CARLOS A SANTANA	VICE PRESIDENT & TRUSTEE	0.00	Director	$0	$0	$0
LEE PUTNAM	TRUSTEE	0.00	Director	$0	$0	$0
JUDY K OLIVEIRA	SECRETARY & TRUSTEE	0.00	Officer Director	$0	$0	$0
JOHN A RICHARDS	TREASURER & TRUSTEE	0.00	Officer Director	$0	$0	$0
WENDY L KONDO	TRUSTEE	0.00	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	$509,601	$216,645	$4,903,443	$292,956
2024	$352,130	$210,500	$4,592,373	$141,630
2023	$209,987	$198,818	$4,336,972	$11,169
2022	$152,495	$227,060	$4,313,909	$-74,565
2021	$178,971	$203,621	$4,388,474	$-24,650
2020	$209,143	$212,059	$4,413,123	$-2,916