MAUI ECONOMIC OPPORTUNITY INC

EIN: 996009889 501(c)(3) Human Services

KAHULUI, HI

Total Revenue
$50,755,329
Total Expenses
$50,001,122
Total Assets
$49,978,057
Net Assets
$27,557,153
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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
1965
Legal Domicile
HI
Principal Officer
DEBRA CABEBE
Phone
8082492990
Tax Period
2023-10-01 to 2024-09-30

MAUI ECONOMIC OPPORTUNITY INC, founded in 1965, is a mid-sized nonprofit in the Human Services sector that reported $50.8M in total revenue in fiscal year 2023. Revenue surged 140% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF MEO IS TO STRENGTHEN THE COMMUNITY WHILE HELPING PEOPLE IN NEED RESTORE THEIR HOPE, REACH THEIR POTENTIAL AND ENRICH THEIR LIVES.

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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 $49,605,112
Program Service Revenue $161,728
Investment Income $944,331
Other Revenue $44,158
TOTAL REVENUE $50,755,329

Expense Breakdown

Grants Paid $24,227,314
Salaries & Benefits $13,005,920
Fundraising Expenses $25
Program Expenses $47,823,345
Other Expenses $12,767,888
TOTAL EXPENSES $50,001,122

Year-over-Year Comparison

2023 2022 Change
Revenue $50,755,329 $21,189,316 +1.4%
Expenses $50,001,122 $21,961,158 +1.3%
Net Income $754,207 $-771,842 -2.0%
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
21
Independent Members
21
Employees
274
Volunteers
337

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
10
$378,163
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL REIMANN DIRECTOR/PRESIDENT/PAST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BARD PETERSON DIRECTOR/VICE PRESIDENT/PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CLIFFORD ALAKAI DIRECTOR/TREASURER 1.00
Officer Director
$0 $0 $0
ARLEEN GERBIG DIRECTOR/SECRETARY 1.00
Officer Director
$0 $0 $0
ADELE RUGG DIRECTOR 0.50
Director
$0 $0 $0
DAWN BICOY DIRECTOR 0.50
Director
$0 $0 $0
GLENN YAMASAKI DIRECTOR 0.50
Director
$0 $0 $0
REUBEN IGNACIO DIRECTOR 0.50
Director
$0 $0 $0
CYNTHIA LALLO DIRECTOR 0.50
Director
$0 $0 $0
EDWARD NED DAVIS DIRECTOR 0.50
Director
$0 $0 $0
ALVIN KAI PELAYO DIRECTOR 0.50
Director
$0 $0 $0
SANDY RYAN DIRECTOR 0.50
Director
$0 $0 $0
SCOTT OKADA DIRECTOR 0.50
Director
$0 $0 $0
GABE JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
DESIREE TING DIRECTOR 0.50
Director
$0 $0 $0
DAVID RAATZ DIRECTOR 0.50
Director
$0 $0 $0
GEMMA MEDINA DIRECTOR 0.50
Director
$0 $0 $0
TESSIE SEGUI DIRECTOR 0.50
Director
$0 $0 $0
MELINDA LUZ BOLO DIRECTOR 0.50
Director
$0 $0 $0
CAITLIN MUSSON DIRECTOR 0.50
Director
$0 $0 $0
EMMANUEL BALTAZAT DIRECTOR 0.50
Director
$0 $0 $0
DEBRA CABEBE CHIEF EXECUTIVE OFFICER 55.00
Officer
$121,282 $6,727 $128,009
GAY SIBONGA CHIEF OPERATIONS OFFICER 55.00
Officer
$95,217 $5,723 $100,940
CLIFFORD CAESAR FORMER CHIEF HUMAN RESOURCES OFFICER 55.00
Officer
$59,186 $3,199 $62,385
MAGGIE BATANGAN CHIEF ADMINISTRATIVE OFFICER 55.00
Officer
$0 $0 $0
MONICA TAKAMURA FORMER CHIEF FISCAL OFFICER 55.00
Officer
$81,528 $5,301 $86,829
JULIE STRONG CHIEF FISCAL OFFICER 55.00
Officer
$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
2024 $50,755,329 $50,001,122 $49,978,057 $754,207
2023 $21,189,316 $21,961,158 $30,418,696 $-771,842
2022 $18,902,860 $19,589,493 $30,387,495 $-686,633
2021 $26,017,668 $26,571,483 $30,969,080 $-553,815
2020 $19,961,531 $20,605,578 $31,474,647 $-644,047
2019 $16,531,553 $16,604,704 $30,625,995 $-73,151
2018 $14,374,374 $14,900,828 $30,706,549 $-526,454
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