RALPH AJIFU FFA MEMORIAL FOUNDATION

EIN: 996010592 501(c)(3) Food, Agriculture & Nutrition

MILILANI, HI

Total Revenue
$42,262
Total Expenses
$57,186
Total Assets
$716,908
Net Assets
$716,908
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
HI
Principal Officer
KEN KAJIHARA
Phone
8089448400
Tax Period
2023-01-01 to 2023-12-31

RALPH AJIFU FFA MEMORIAL FOUNDATION, founded in 1999, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $42K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $57K exceeded revenue, resulting in a 35% operating deficit.

Mission

RALPH AJIFU FFA MEMORIAL FOUNDATION PROVIDES SUPPORT TO UNDERPRIVILEGED OR DISADVANTAGED HAWAII AGRICULTURAL EDUCATION STUDENTS IN THE STATE OF HAWAII. THE ORGANIZATION WILL SUPPORT LOCAL, YOUNG PEOPLE THAT WANT TO BECOME FARMERS IN HAWAII BY PROVIDING EDUCATIONAL GRANTS OR SCHOLARSHIPS TO STUDENTS LACKING SUFFICIENT FINANCIAL MEANS TO SEEK EDUCATIONAL OPPORTUNITIES, ENROLL IN CURRICULUMS, AND ATTEND EVENTS AFFILIATED WITH THE HAWAII FFA (FUTURE FARMER OF AMERICA) LOCALLY AND WITH THE NATIONAL FFA ACROSS THE USA. THE ORGANIZATION WILL ALSO DEVELOP AND OPERATE LOCAL EVENTS DESIGNED TO ENCOURAGE LOCAL, YOUNG PEOPLE TO PURSUE A FARMING CAREER IN HAWAII. FUNDAMENTALLY, THE ORGANIZATION SEEKS TO SPREAD ALOHA (LOVE AND FELLOWSHIP) AND KOKUA (TO HELP OTHERS) IN CULTIVATING AND CARING FOR HAWAIIAN NATURAL RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $54,819

EACH YEAR, THE HAWAII FFA STATE OFFICE COORDINATES FFA LEADERSHIP TRAINING EVENTS AND DAYS OF SERVICE EVENTS FOR STUDENTS AT APPROXIMATELY 15 SCHOOLS ACROSS HAWAII ("STUDENT EVENTS"). THE...

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EACH YEAR, THE HAWAII FFA STATE OFFICE COORDINATES FFA LEADERSHIP TRAINING EVENTS AND DAYS OF SERVICE EVENTS FOR STUDENTS AT APPROXIMATELY 15 SCHOOLS ACROSS HAWAII ("STUDENT EVENTS"). THE ORGANIZATION WILL SUPPORT STUDENT EVENTS BY HELPING PLAN, OPERATE, AND FUND THEM. THE TRAINING PROVIDED AT STUDENT EVENTS FOLLOWS NATIONAL AND STATE FFA CURRICULUM THAT SUPPORTS HAWAII DEPARTMENT OF EDUCATION LEARNING OBJECTIVES AND STANDARDS, INCLUDING ACTION PLANS FOR COMMUNITY DEVELOPMENT, PROGRAMS OF AGRICULTURAL WORK EVENTS FOR INDIVIDUAL SCHOOLS AND FOR THE STATE OFFICERS, AND TRAINING FOR COMPETITIVE EVENTS IN PUBLIC SPEAKING, AND THE APPLICATION OF ACADEMIC LEARNING TO THE REAL WORLD. FOR MANY LOCAL STUDENT EVENTS, THE ORGANIZATION WILL PROVIDE A MAJORITY OF THE FUNDING. THE ORGANIZATION WILL ALSO HELP UNDERPRIVILEGED YOUTH ATTEND STUDENT EVENTS, SUCH AS BY PROVIDING FUNDING TO PAY FOR ATTENDANCE AND TRAVEL TO AND FROM THE STUDENT EVENTS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,029
Program Service Revenue $0
Investment Income $31,233
Other Revenue $0
TOTAL REVENUE $42,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $54,819
Other Expenses $57,186
TOTAL EXPENSES $57,186

Year-over-Year Comparison

2023 2022 Change
Revenue $42,262 $37,274 +0.1%
Expenses $57,186 $98,211 -0.4%
Net Income $-14,924 $-60,937 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
25

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN KAJIHARA PRESIDENT/DIRECTOR 4.00
Officer Director
$0 $0 $0
JACKIE TICHEPCO DIRECTOR 2.00
Director
$0 $0 $0
SHAUN KAMIDA SECRETARY 2.00
Officer Director
$0 $0 $0
JEFFREY YAMAGUCHI TREASURER 2.00
Officer Director
$0 $0 $0
ALEXIS JINBO-DORAN DIRECTOR 2.00
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
2024 No data No data No data No data
2023 $42,262 $57,186 $716,908 $-14,924
2022 $37,274 $98,211 $615,027 $-60,937
2021 $75,668 $43,044 $876,574 $32,624
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