HAWAII ACADEMY OF SCIENCE

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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

1925

Legal Domicile

Principal Officer

NEAL ATEBARA

Phone

8089567930

Tax Period

2024-07-01 to 2025-06-30

HAWAII ACADEMY OF SCIENCE, founded in 1925, is a small nonprofit in the Science & Technology sector that reported $460K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

PROMOTE SCIENTIFIC RESEARCH & EDUCATION IN HAWAII AND THE PACIFIC RIM

Program Service Accomplishments

Program 1

Expenses: $266,758 Revenue: $358,202

HAWAII STATE SCIENCE AND ENGINEERING FAIR (HSSEF) HAWAII ACADEMY OF SCIENCE MANAGES THE HSSEF AND ASSISTS IN COORDINATING OTHER SCIENCE FAIRS FOR SCHOOLS IN HAWAII FOR APPROXIMATELY 6,000 HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS. SENDS TOP WINDERS TO THE INTERNATIONAL SCIENCE AND ENGINEERING FAIR COMPETITION. THIS FAIR WAS CONDUCTED MARCH 31 - APRIL 2, 2025.

Program 2

Expenses: $69,514 Revenue: $27,525

PACIFIC SYMPOSIUM FOR SCIENCE AND SUSTAINABILITY (PS3) HAWAII ACADEMY OF SCIENCE HOLDS SYMPOSIUM FOR APPROXIMATELY 100 HIGH SCHOOL STUDENTS FROM HAWAII AND OTHER PACIFIC ISLANDS. PS3 WAS HELD ON...

PACIFIC SYMPOSIUM FOR SCIENCE AND SUSTAINABILITY (PS3) HAWAII ACADEMY OF SCIENCE HOLDS SYMPOSIUM FOR APPROXIMATELY 100 HIGH SCHOOL STUDENTS FROM HAWAII AND OTHER PACIFIC ISLANDS. PS3 WAS HELD ON JANUARY 18-19 2025. STUDENTS PRESENT RESEARCH PAPERS IN A CONFERENCE SETTING WHICH ARE REVIEWED BY ADULT SCIENTISTS. PROCEEDINGS ARE PUBLISHED. TOP WINNERS ARE SENT TO THE NATIONAL COMPETITION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $458,983

Program Service Revenue $0

Investment Income $1,439

Other Revenue $0

TOTAL REVENUE $460,422

Expense Breakdown

Grants Paid $10,270

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $341,875

Other Expenses $438,862

TOTAL EXPENSES $449,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$460,422	$521,388	-0.1%
Expenses	$449,132	$539,056	-0.2%
Net Income	$11,290	$-17,668	-1.6%

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

175

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
SCOTT ROBINSON	CHAIR	1.00	Officer Director	$0	$0	$0
NEAL ATEBARA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LISA NILLOS	SECRETARY	0.50	Officer Director	$0	$0	$0
KRISTEN YAMANE	TREASURER	1.00	Officer Director	$0	$0	$0
SHARLENE TSUDA	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA FLEIG PHD	BOARD MEMBER	0.50	Director	$0	$0	$0
WAYNE KAMITAKI	BOARD MEMBER	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	$460,422	$449,132	$580,492	$11,290
2024	No data	No data	No data	No data
2023	$420,002	$391,755	$586,868	$28,247
2022	$498,386	$375,138	$554,450	$123,248
2021	$278,869	$262,664	$431,202	$16,205
2020	$440,241	$489,413	$414,997	$-49,172
2019	$434,453	$336,776	$464,169	$97,677
2018	$404,179	$382,632	$366,492	$21,547